Firms’ Various Inflation Expectations And Confidence Readings

The Federal Reserve Bank of Atlanta publishes a monthly report titled “Business Inflation Expectations” (BIE) that contains statistics from a survey of regional businesses’ views on various factors that impact profitability.  These factors include unit costs, unit cost expectations, sales levels, profit margins, and other factors.

As described on the site:

Approximately 300 panelists receive the survey each month. Panelists represent businesses of various sizes headquartered within the Sixth District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. Panelists range from executives of large corporations to owner-operators of small businesses. The industry composition of the panel roughly reflects the makeup of the national economy. Nevertheless, survey responses are weighted by industry shares of national gross domestic product.

An excerpt from the June 2019 BIE Survey dated June 12, 2019 (involving 238 firms responding):

  • Inflation expectations: Firms’ year-ahead inflation expectations went unchanged at 2.0 percent, on average.
  • Current economic environment: Sales levels compared to “normal times” declined somewhat while profit margins remained the same. Year-over-year unit cost growth increased to 2.1 percent, on average.
  • Quarterly question: On average, firms’ long-term inflation expectations (per year, over the next five to 10 years) were 2.7 percent.

The survey’s “Special Question” asked firms about their level of optimism as it relates to their own firm’s financial prospects as well as their optimism concerning the overall U.S. economy.

The report also includes other questions and a variety of charts and tables depicting respondents’ answers.

_____

RevSD, LLC offers the above commentary for informational purposes only, and does not necessarily agree with all (or any) of the views expressed by these outside parties.

—–

ProfitabilityIssues.com is published by RevSD, LLC.  RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future business conditions, and given these conditions, offers corporations and businesses advice, strategies, and actionable methods on how to optimally increase revenues and profitability.

Inflation Expectations And Business Conditions From 219 Regional Firms

The Federal Reserve Bank of Atlanta publishes a monthly report titled “Business Inflation Expectations” (BIE) that contains statistics from a survey of regional businesses’ views on various factors that impact profitability.  These factors include unit costs, unit cost expectations, sales levels, profit margins, and other factors.

As described on the site:

Approximately 300 panelists receive the survey each month. Panelists represent businesses of various sizes headquartered within the Sixth District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. Panelists range from executives of large corporations to owner-operators of small businesses. The industry composition of the panel roughly reflects the makeup of the national economy. Nevertheless, survey responses are weighted by industry shares of national gross domestic product.

An excerpt from the May 2019 BIE Survey dated May 15, 2019 (involving 219 firms responding):

  • Inflation expectations: Firms’ year-ahead inflation expectations went roughly unchanged at 2.0 percent, on average.
  • Current economic environment: Sales levels compared to “normal times” remained roughly the same while profit margins improved somewhat. Year-over-year unit cost growth increased declined to 1.8 percent, on average.

The survey’s “Special Question” asked about whether firms had job openings as well as a follow up question.

The report also includes other questions and a variety of charts and tables depicting respondents’ answers.

_____

RevSD, LLC offers the above commentary for informational purposes only, and does not necessarily agree with all (or any) of the views expressed by these outside parties.

—–

ProfitabilityIssues.com is published by RevSD, LLC.  RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future business conditions, and given these conditions, offers corporations and businesses advice, strategies, and actionable methods on how to optimally increase revenues and profitability.

Firms’ Inflation Expectations And Largest Product Or Service Price Change

The Federal Reserve Bank of Atlanta publishes a monthly report titled “Business Inflation Expectations” (BIE) that contains statistics from a survey of regional businesses’ views on various factors that impact profitability.  These factors include unit costs, unit cost expectations, sales levels, profit margins, and other factors.

As described on the site:

Approximately 300 panelists receive the survey each month. Panelists represent businesses of various sizes headquartered within the Sixth District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. Panelists range from executives of large corporations to owner-operators of small businesses. The industry composition of the panel roughly reflects the makeup of the national economy. Nevertheless, survey responses are weighted by industry shares of national gross domestic product.

An excerpt from the April 2019 BIE Survey dated April 10, 2019 (involving 215 firms responding):

  • Inflation expectations: Firms’ year-ahead inflation expectations went unchanged at 1.9 percent, on average.
  • Current economic environment: Sales levels and profit margins compared to “normal times” remained roughly the same. Year-over-year unit cost growth increased slightly to 2.1 percent, on average.

The survey’s “Special Question” asked firms three questions, one concerning the percentage price change for the firm’s largest product or service over the last three months; the percent change in the number of employees over the last three months; and the expected inflation (CPI) over the next 12 months.

The report also includes other questions and a variety of charts and tables depicting respondents’ answers.

_____

RevSD, LLC offers the above commentary for informational purposes only, and does not necessarily agree with all (or any) of the views expressed by these outside parties.

—–

ProfitabilityIssues.com is published by RevSD, LLC.  RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future business conditions, and given these conditions, offers corporations and businesses advice, strategies, and actionable methods on how to optimally increase revenues and profitability.

Firms’ Inflation Expectations And Price Change Statistics

The Federal Reserve Bank of Atlanta publishes a monthly report titled “Business Inflation Expectations” (BIE) that contains statistics from a survey of regional businesses’ views on various factors that impact profitability.  These factors include unit costs, unit cost expectations, sales levels, profit margins, and other factors.

As described on the site:

Approximately 300 panelists receive the survey each month. Panelists represent businesses of various sizes headquartered within the Sixth District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. Panelists range from executives of large corporations to owner-operators of small businesses. The industry composition of the panel roughly reflects the makeup of the national economy. Nevertheless, survey responses are weighted by industry shares of national gross domestic product.

An excerpt from the March 2019 BIE Survey dated March 13, 2019 (involving 225 firms responding):

  • Inflation expectations: Firms’ year-ahead inflation expectations went unchanged at 1.9 percent, on average.
  • Current economic environment: Sales levels and profit margins compared to “normal times” improved over the month. Year-over-year unit cost growth increased slightly to 2.0 percent, on average.
  • Quarterly question: Long-term inflation expectations (per year, over the next five to ten years) were 2.8 percent, on average, down slightly from the last measure of 2.9 percent in December 2018.
  • Special question: Firms were asked to select from a list of statements describing various strategies or motivations for price change. These statements correspond to common “sticky-price” theories or theories of why prices are slow to change. A breakdown of the percentage of total selections can be viewed in the special question section below. Firms also provided their frequency of price change.

The report also includes other questions and a variety of charts and tables depicting respondents’ answers.

_____

RevSD, LLC offers the above commentary for informational purposes only, and does not necessarily agree with all (or any) of the views expressed by these outside parties.

—–

ProfitabilityIssues.com is published by RevSD, LLC.  RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future business conditions, and given these conditions, offers corporations and businesses advice, strategies, and actionable methods on how to optimally increase revenues and profitability.

Firms’ Expectations Concerning Inflation And Expected Price Increases

The Federal Reserve Bank of Atlanta publishes a monthly report titled “Business Inflation Expectations” (BIE) that contains statistics from a survey of regional businesses’ views on various factors that impact profitability.  These factors include unit costs, unit cost expectations, sales levels, profit margins, and other factors.

As described on the site:

Approximately 300 panelists receive the survey each month. Panelists represent businesses of various sizes headquartered within the Sixth District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. Panelists range from executives of large corporations to owner-operators of small businesses. The industry composition of the panel roughly reflects the makeup of the national economy. Nevertheless, survey responses are weighted by industry shares of national gross domestic product.

An excerpt from the February 2019 BIE Survey dated February 13, 2019 (involving 218 firms responding):

  • Inflation expectations: Firms’ year-ahead inflation expectations decreased somewhat to 1.9 percent, on average.

also:

  • Quarterly question: The majority of firms anticipate that over the next 12 months labor costs and nonlabor costs will put “moderate” to “strong” upward pressure on the prices they charge. They anticipate sales levels, margin adjustments, and productivity will have little or no influence on the prices they charge.
  • Special question: Firms provided a range of expected price increases regarding the product or service representing the largest share of their sales revenue. The median expected price increase over the next 12 months was 2.7 percent. See the chart in the special question section for the distribution of responses.

The report also includes other questions and a variety of charts and tables depicting respondents’ answers.

_____

RevSD, LLC offers the above commentary for informational purposes only, and does not necessarily agree with all (or any) of the views expressed by these outside parties.

—–

ProfitabilityIssues.com is published by RevSD, LLC.  RevSD, LLC is a management consulting firm and strategic advisory that focuses on the analysis of current and future business conditions, and given these conditions, offers corporations and businesses advice, strategies, and actionable methods on how to optimally increase revenues and profitability.