Business uncertainty remains elevated in March
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- March Survey of Business Uncertainty: Sales Revenue Growth (smoothed): 4.35% vs. 4.08% prior.
- Employment Growth (smoothed): 4.26% vs. 4.29% prior.
- The top sources of uncertainty in 2023 are the strength of the economy, inflation, and labor availability, the Atlanta Fed said Wednesday.
- Earlier, global investor confidence firmed some in March, but remains defensive, State Street said.