PYMNTS.com December 26, 2024
According to the latest Survey of Business Uncertainty, firms are now more uncertain about their prospects than they were before the pandemic.
The December survey, which is conducted monthly by the Federal Reserve Bank of Atlanta, found that despite the uncertainty, companies’ expectations for sales revenue growth grew in recent months.
In addition, businesses were more optimistic about expected employment growth, while uncertainty about employment growth reached pre-pandemic levels, the survey found.
PYMNTS has studied the toll that uncertainty can take on businesses.
According to PYMNTS Intelligence research, as detailed in “The 2024 Certainty Project Report,” uncertainty cost firms an average of 4.4% of their revenues. Over a third of middle-market company leaders said that business uncertainty has led to...
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