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Optimism Moderated in Third Quarter

Oct. 14, 2021

When survey participants were asked between September 20 and October 1 to rate the financial prospects of their firms on a scale from 0 to 100, the average optimism level was 70.2, down from 74.9 in the second quarter. When asked to rate their optimism about the overall U.S. economy, the average index was 59.9, down from a previous reading of 69.0. Both measures fell for the first time since a significant drop in optimism at the onset of the COVID-19 pandemic.

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