Michigan vacation procuring gross sales went down in 2022

LANSING, Mich. (WLNS) — The Michigan Retailers Affiliation reported a decline in statewide vacation procuring in 2022.

Out of a 100-point scale, the December Retail Index for Michigan was 41.2, a stark lower from November’s 52.6.

In accordance with the MRA, the 100-point index quantity provides a “snapshot of the state’s total retail business.”

CEO and President of the MRA William J. Hallan referred to as Michigan small companies resilient attributable to the entire uncertainty introduced on by the pandemic.

“Regardless of decrease vacation season gross sales, retailers stay optimistic as they see a constructive outlook for the upcoming spring,” Hallan mentioned.