Released: 23 August 2021
Fears Rise on Continuing Rapid US Price Inflation in August
Overall US business conditions continue to improve with the Sales Growth Index and the Market Growth Index both indicating significant levels of expansion.
Business Confidence tumbled from near all time high levels in July but remained robust in August.
The Staffing Index also fell sharply in the month with firms still wary of (or finding difficulty in) recruiting staff.
The big negative remains the Prices Index which remains at historically high levels. Views on price inflation remain divergent, with many Sales Managers 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 number fear inflation is building up too rapidly for comfort and are far from complacent about the future course of prices.
United States: Prices Charged Index
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