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PMPA Business Trends November 2022

PMPA’s November Business Trends Sales Index declined seasonally but remained above the value for same month prior year, and its five-year average for the month, logging an all-time high for November at 147.  Half of our sentiment indicators improved, while half came in level, very positive given the seasonality we expect this time of year.

For the year, our index is up 21 points over 2021 calendar year average, an increase of 15 percent. Our year-to-date average of 162 is three points or one and a half percent higher than our April prediction. 

As you enjoy the seasonal holidays with your family and loved ones,  do keep in mind your business’s high level of sales and performance this year. These are a blessing in every tradition.

If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing an excellent peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.