On Air Now

Listen

Listen Live Now » 94.1 FM Jackson, Michigan

Weather

Current Conditions(Holt,MI 48842)

More Weather »
70° Feels Like: 70°
Wind: WNW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Scattered Thunderstorms 66°

Tomorrow

Mostly Sunny 80°

Wed Night

Clear 59°

Alerts

Michigan retailers see sales drop in February

by

LANSING (WKZO) -- Reports of a slowly improving Michigan economy aren't doing much for retailers in the state.

The Michigan Retailers Association says that forecasts for sales this spring have fallen following a dip in February sales as reported in the Michigan Retail Index, reflecting what they say are consumer adjustments to higher payroll taxes, continued high unemployment figures, and a spike in gasoline prices.  Looking ahead, 59-percent of retailers expect higher sales figures by the end of May, with eight-percent expecting a drop and 33-percent expecting no change at all.

Overall, sales figures for February when finally tallied were down from a year ago by by roughly one-percent nationally.

Comments