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Thursday, August 22, 2019
HomeNewsAtlanta Fed Business Inflation Expectations (BIE) Decline to Lowest Level in More than a Year

Atlanta Fed Business Inflation Expectations (BIE) Decline to Lowest Level in More than a Year

American industry and economy imposed on a U.S. dollar.
American industry and economy imposed on a U.S. dollar.
American industry and economy imposed on a U.S. dollar.

The Atlanta Federal Reserve Business Inflation Expectations (BIE) decreased marginally 0.1% to 1.9% in February, the lowest in more than a year.

Current Environment

Sales levels and profit margins compared to “normal times” improved somewhat over the month. The growth in year-over-year unit cost fell to 1.9%, on average.

Quarterly Question

The majority of firms expect labor costs and non-labor costs over the next 12 months will result in “moderate” to “strong” upward pressure on prices charged. They also expect sales levels, margin adjustments, and productivity will have little or no influence on those prices.

Special Question

The median expected price increase regarding product or service over the next 12 months came in at 2.7%.

Written by
Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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