ActualPreviousRevised
Sales Growth3.83%3.80%
Employment Growth4.32%4.35%4.37%

Highlights

The unsmoothed percent value for sales revenue growth is little changed in the past six months. The December percent sales is 3.83 percent, up slightly from 3.80 percent in November and 3.81 percent in October.

The unsmooth percent value for employment growth is down slightly to 4.32 percent in December from 4.37 percent in November, but the same as 4.32 percent in October.

Definition

The survey of business uncertainty is a panel survey measuring year-ahead expectations that US firms have about their own sales and employment growth. The sample covers all regions of the US economy, all industries except agriculture and government, and a broad range of firm sizes. Sample size is about 150 responses per month. Readings in Econoday's presentation are seasonally adjusted. The Atlanta Fed publishes this monthly survey in partnership with the University of Chicago Booth School of Business and with Stanford University. (Federal Reserve Bank of Atlanta)

Description

The survey of business uncertainty offers timely updates on how US companies are assessing and reacting to unfolding events including news about the overall economy, about business sentiment and policy developments as well as moves in the stock market and changes in interest rates. Investors can use the data to help forecast economic activity and better understand how business expectations and uncertainty affect sales, employment as well as investment and other economic outcomes.
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