USA: Michigan Retailers Expect Slow Start to New Year
Figures from the Michigan Retail Index, a joint project of the Michigan Retailers Association (MRA) and Federal Reserve Bank of Chicago, have shown that few michigan retailers see opportunity for increased sales during the first quarter of 2001. The Michigan Retail Index showed that only 30 per cent of retailers project increased sales for the January-March period, while 44 per cent expect sales to decline from the same period a year ago.
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