Business sales uncertainty eases in June; employment uncertainty climbs

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June Survey of Business Uncertainty: Sales revenue growth (smoothed) uncertainty over the next four quarters retreated to 3.77% from 3.82% in May.

Sales revenue growth expectations have returned to their pre-pandemic average, though “firms remain more uncertain about future sales growth than before the pandemic,” the Atlanta Fed said.

Employment growth (smoothed) uncertainty of 4.55% advanced from 4.14% in the previous month.