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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: UnBelievable who wrote (3751)7/14/2000 9:30:52 AM
From: pater tenebrarum  Read Replies (1) of 436258
 
<<Across the country companies say they plan to raise prices to compensate for higher costs. On Friday the National Association for Business Economics said one-third of the firms it surveyed acknowledged increasing their prices in the second quarter, the biggest proportion in five years. Sixty percent of them reported higher material costs, up from 46% in the first quarter. >>

so they plan to raise prices in reaction to higher costs that the BLS says don't exist.

interesting....

btw, i saw in the details of the report that the predicted collapse in turnip prices saved the day:

<<Prices of fresh and dry vegetables dropped 14.7% in the biggest decline since January. Prices of fresh fruits fell 11.8%, the biggest decline since November. >>
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