Retail sales numbers down from last year

Michigan retailers report growing sales as the holidays approach with a strong outlook for this winter, according to the Michigan Retail Index. The November Retail Index survey came in at 52.2, a decrease from November 2018’s 63.5, and up from October 2019’s 43.0. The 100-point index provides a snapshot of the state’s overall retail industry. Index values above 50 generally indicate positive activity; the higher the number, the stronger the activity. Shoppers have six fewer shopping days this holiday season compared to 2018.