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Economic Buzz: US Business's Concerns Over Sales Growth And Employment In Four Quarters Ahead Ease Slightly In March
(28-Mar-2024, 11:39 Hours IST)
The US firms' concerns over uncertainty in sales revenue growth and employment in the four quarters ahead eased slightly in March, results of a survey by the Atlanta Fed showed Wednesday. The smoothed indicator for the sales revenue growth uncertainty slipped to 3.73 percent from 3.84 percent in February, the Atlanta Fed/Chicago Booth/Stanford Survey of Business Uncertainty (SBU) showed. The indicator for employment uncertainty also decreased in March, falling to 4.07 percent from 4.14 percent in the previous month. The results are based on survey responses from about 1500 panel members,who occupy senior finance and managerial positions at U.S. firms, from March 11-22.

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