Business uncertainty over revenue, employment growth rises in April, survey says

The Atlanta Fed's Survey of Business Uncertainty showed a small rise in firms' uncertainty in April: revenue-growth uncertainty for the next four quarters ticked up to 3.67% from 3.60% in March, while smoothed employment-growth uncertainty for the year ahead edged to 4.46% from 4.43%. The survey — a panel measuring year-ahead expectations for U.S. firms — signals a modest increase in caution among businesses that could slightly weigh on risk appetite. The move is small and unlikely to meaningfully alter market direction on its own but could contribute to softer sentiment for equity benchmarks such as the US SP 500 alongside other macro and policy drivers.