Michigan Retailers Association: May Sales Still Dismal But Retailers Optimistic For Summer
June 27, 2020
June 27, 2020
LANSING, Michigan, June 27 -- The Michigan Retailers Association issued the following news release:
May retail sales continued to tank with stores shut down for most of the month.
The May Retail Index survey came in at 30.0, up from April's 10.8. The seasonally adjusted performance index is conducted by Michigan Retailers Association (MRA) in cooperation with the Federal Reserve Bank of Chicago's Detroit branch.
The 100-point index provides a snapshot of th . . .
May retail sales continued to tank with stores shut down for most of the month.
The May Retail Index survey came in at 30.0, up from April's 10.8. The seasonally adjusted performance index is conducted by Michigan Retailers Association (MRA) in cooperation with the Federal Reserve Bank of Chicago's Detroit branch.
The 100-point index provides a snapshot of th . . .