Released: 22 October 2021
Sales Managers Report Continuing Price Increases in October
The big negative in October remains high level of the Prices Charged Index.
Sales managers views on price inflation continue to be divergent, with a significant proportion believing the current rapid rise of prices most likely to subside shortly as post pandemic product shortages return to more normal levels. But an increasing and higher number fear inflation is building up too rapidly for comfort and are far from complacent about the future course of prices.
Sales Growth and the Market Growth Indexes reflect continuing modest expansion in October.
Business Confidence stays way down from near all time high levels in July but remains positive.
The Staffing Index rose to 52.2 in October but firms still wary of (or finding difficulty in) recruiting staff.
United States: Prices Charged Index
Access United States SMI Charts & Data
- HEADLINE SALES MANAGERS’ INDEX (SMI)
- BUSINESS CONFIDENCE INDEX
- MARKET GROWTH INDEX
- SALES GROWTH INDEX
- PRICES CHARGED INDEX
- STAFFING LEVELS INDEX
- CURRENCY STRENGTH INDEX
- PROFIT MARGINS INDEX
- LEARN MORE...
ALL SALES MANAGERS INDEX DATA IS AVAILABLE ON SUBSCRIPTION, SUBSCRIBE HERE