Economy
April 19, 2015
Atlanta Fed Puts GDP at Just Above Zero for Q1
Written by Sandy Williams
Businesses expect costs from inflation to rise 1.7 percent over the next 12 months according to the latest survey by the Federal Reserve Bank of Atlanta. Respondents to the survey indicated their current costs are 1.5 percent higher than levels in April 2014. Sales and profit margins are normal or above normal according to those surveyed.
Over the long-term (5-10 years) unit costs are predicted to rise on average 2.7 percent annually.
