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The Sales Managers Index: United States of America

The First Data on Economic Activity Levels in the United States - Every Month
Released: 21 December 2021

U.S. Prices Rise Fast Again in December

All U.S. growth related Sales Managers Indexes (Business Confidence, Sales growth, Market growth and Staffing) stayed at levels indicating continuing reasonably buoyant economic activity in December. 

However all the indexes also fell short of the high levels of growth seen in November, suggesting a reversion to more modest GDP growth, possibly resulting from the emergence of the Omicron version of Covid.

The really big negative in the data remains the Prices Index which rose rapidly again in December to a reading of 58.2, reflecting many price rises in a wide variety of goods and services.

Sales managers views on price inflation have been until now remarkably divergent, with a relatively big 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 now fear inflation is building up too rapidly for comfort and are far from complacent about the future course of prices.

A few more months of price inflation at the rates seen in Q4 will start to bake inflation into expectations, and lead to the once familiar scramble for higher incomes. 

But for the moment the economic good times continue to roll...

 

United States: Business Confidence Index

 

Access United States SMI Charts & Data

INDEXES AVAILABLE:
  • 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


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