"After putting herself on a budget, Karen Young-Roby, 63 of Lansing, has had to spend wisely....In July, the retail index – a 100-point scale used to gauge the state’s retail industry activity – dropped to 45.3 from 56 in the previous month.
Her fixed income doesn’t allow for frivolous purchases, so her disability payments typically go toward keeping a roof over her head, food and her medicine.
“Well, some things that you want to do, you have to cut back,” Young-Roby said. “Do you want food, medicine or do you want to go out and have a good time? So you have to pick and choose what’s more important.”
Andrea Bitely with the Michigan Retailers Association said anything below 50 is generally a bad sign, especially during what’s typically a busy month for Michigan’s tourism season...
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