Retail index rises in March
April 7, 2005,
WASHINGTON — An early Easter last month helped the Retail Sector Performance Index (RSPI) rise 2.8 points from February to 58.4, its highest reading since May 2004, according to the results of the March National Retail Federation Retail Executive Opinion Survey.
The RSPI measures retail executives' evaluations of monthly sales, customer traffic, the average transaction per customer, employment, inventories and a six-month-ahead sales outlook expectation. The RSPI is based on a scale of 0-100 with 50 equaling normal.