US Election Uncertainty Leaves Many Firms In Limbo, Delays Business Investments

An increasing number of US businesses are postponing major investments until the outcome of the upcoming presidential election is clear. According to the latest CFO Survey from the Federal Reserve Banks of Atlanta and Richmond, along with Duke University’s Fuqua School of Business, 30% of firms have either delayed, scaled down, or canceled investment plans due to election uncertainty, up from 28% last quarter.