Retail Sales Index Shows Large Gains Thu, 22 Apr 2021 06:00:29 EDT
The Michigan Retailers Association reports another large increase in retail sales in March, reflecting a fourth consecutive month of positive sales for the state.
The March Retail Index survey came in at 92.4, another steep climb from February’s 71 point zero.
Eighty three percent of Michigan retailers reported an increase in sales over February, 8% reported a sales decline; and 9% reported no change.
Seventy-eight percent of retailers predict their sales will continue to rise through June.
WebReadyTM Powered by WireReady®NSI