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CFOs Report Rising Costs That Could Last Through 2022
“The share of firms with abnormally large cost increases in at least some of their costs grew from 80 percent to almost 90 percent in just six months,” said Atlanta Fed economist Brent Meyer. “CFOs indicate that these cost pressures are not abating and will likely be with us for some time. Many firms, especially large firms, are passing on at least some of these cost increases.”
News Release | Data & Results – Q4 2021
Special Questions on Cost Increases
Optimism Little Changed in Fourth Quarter
Optimism changed little in the fourth quarter following a third quarter decline. When survey participants were asked between November 8 and 19 to rate their optimism about the overall U.S. economy, the average index was 60.3, compared to a previous reading of 59.9. When asked to rate their optimism about the financial prospects of their firms, the average optimism level was 70.8, up very slightly from 70.2 in the third quarter.
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