Table 3.

Firms’ expected price change by quantitative sales gap and level of supply chain disruption.

Panel A: Expected price change by mean quantitative sales gap
Sales gap	Expected price change
$\ge$0%	$-0.5\text{\%}$
$[-25\text{\%},0\text{\%})$	$-2.5\text{\%}$
$<$25%	$-4.7\text{\%}$
Panel B: Expected price change by level of disruption to supply chains
Level of supply chain disruption	Expected price change
None	7.3%
“Some”	$-2.1\text{\%}$
“Significant”	$-2.0\text{\%}$
Severe	$-15.5\text{\%}$

Note: There were 239 observations for the responses in Panel (A) and 189 for the responses in Panel (B). Of the firms experiencing severe supply chain disruption in Panel (B), all of them noted significant or severe sales disruption as well. The specific questions asked are given in Appendix A.

Federal Reserve Bank of Atlanta’s Business Inflation Expectations Survey April 2020.