Reversion to the Mean in June- PMPA Business Trends.

2019 has been a very strong year for Sales.  PMPA’s June Business Trends Sales index  11 point “reversion to the mean” could be considered a substantial drop, but we believe the data suggests otherwise- the Sales Sentiment indicator recovery in June suggests that this is just a ‘moment’ and not a trend.

Yes it is an 11 point or 7.8% drop. That arrives at exactly the 5 year average for June 2014-2018. 129

Get more details on why we are unconvinced that this is bad news for our shops at June 2019 PMPA Business Trends

This entry was posted on Wednesday, July 24th, 2019 at 8:12 am and is filed under Front Office. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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