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The Zhitong Finance App learned that a survey by the Federal Reserve Bank of Atlanta released on Monday showed that most companies that received multi-billion dollar tariff refunds chose to keep this money in their hands. About a quarter of the more than 1,100 business executives surveyed in August as part of the Atlanta Federal Reserve's “Business Uncertainty Survey,” said they have received or are applying for a refund. These refunds are expected to average 1.7% of annual revenue.
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The Zhitong Finance App learned that a survey by the Federal Reserve Bank of Atlanta released on Monday showed that most companies that received multi-billion dollar tariff refunds chose to keep this money in their hands. About a quarter of the more than 1,100 business executives surveyed in August as part of the Atlanta Federal Reserve's “Business Uncertainty Survey,” said they have received or are applying for a refund. These refunds are expected to average 1.7% of annual revenue.
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