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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (11587)	2/1/2000 10:28:00 AM
From: Wally Mastroly	Respond to of 15132

Manufacturing slows (but prices paid higher), spending jumps; but both higher than forecasts: bloomberg.com - Excerpt - a possible 'profit squeeze' ? "..Overall, the outlook for manufacturing is positive. A NAPM survey released in December showed that U.S. businesses expected stronger revenue in the new year even with higher prices for labor and materials. Of the 450 manufacturers surveyed, 62 percent said they are optimistic about their business prospects next year, the most since 1972, the NAPM survey showed. Most businesses predicted increases in costs for labor and raw materials but said they could pass on few or none of those higher prices to customers. Factories especially felt the constraint, with 81 percent saying they had a hard time raising prices on their goods..."