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
APR-2010
MAR-2010
FEB-2010
JAN-2010
Almost certain increase*
8
5
4
4
Likely increase
10
7
8
4
Flat
1
4
0
4
Likely decline
4
4
9
4
Almost certain decline
4
7
6
11
*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.
