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For the fourth month in a row, 27 retailers tracked by ForecastIQ show improved forecasts for same-store sales, with 18 now expecting growth. Indicators show the recovery is broadening, but the consumer mindset is still fragile with about 30 percent confident/very confident in the chances for a strong economy, suggesting that retailers still should tread lightly.
ForecastIQ is a service of Prosper Technologies.
Total Numbers for Retailers Tracked
Almost certain increase*
Almost certain decline
*An "almost certain increase" indicator for April means that in May and June, retailers are almost certain to experience same store sales growth from the same period a year ago. March indicators were for April and May, etc.
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