“This pick-up in optimism is evident in the robust expectations firms have for revenue and employment growth in 2021,” said Brent Meyer, senior advisor and economist at the Federal Reserve Bank of Atlanta. “Most firms also anticipate economic growth for reasons separate from the American Rescue Plan Act—the majority of respondents did not expect the fiscal relief plan to impact employment or revenue growth.”
News Release | Data & Results – Q1 2021
Special Question on Fiscal Stimulus
When survey participants were asked between March 15 and March 26 to rate the financial prospects of their firms on a scale from 0 to 100, the average optimism level was 73.2. When asked to rate their optimism about the overall U.S. economy, the average index was 67.7, which was a marked increase from the 61.6 reading in the fourth quarter.
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