Reversion to the Mean in June- PMPA Business Trends.

July 24, 2019

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

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