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Atlanta Fed Business Inflation Expectations (BIE) Steady at 3%

US

Atlanta Fed reports year-ahead inflation expectations of businesses in the Sixth District are steady at 3.0%.

  • Current economic environment: "Compared to normal," sales levels remained relatively unchanged. However, profit margins "compared to normal" significantly decreased. Year-over-year unit cost growth remained relatively unchanged at 3.7 percent, on average.
  • Quarterly question: Firms' sales gaps (percentage below "normal" unit sales levels) significantly decreased to 4.6 percent below normal. Small, medium, and large firms' unit sales gaps decreased significantly.
  • Special question: Firms were asked about their most pressing concerns. A breakdown of the results can be found in the special question section below.

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