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Michigan retailers are optimistic

1:12 PM, Jun 28, 2012   |    comments
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GRAND RAPIDS (WZZM) Michigan retailers reported encouraging numbers for May.

A news release from the Michigan Retailers Association reports that the Michigan Retail Index rose more than nine points to 61.9 on a 100 point scale.  That is the highest level since January.

The report also found that 66% of Michigan retailers expect sales for the June-August period to increase over last year's sales.  11% of the retailers surveyed believed that sales would decrease.