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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: surfbaron who wrote (51488)	5/15/2002 1:10:33 PM
From: mt_mike	Read Replies (1) \| Respond to of 65232

Insurance costs are rising. I bet our liability insurance has increased at least 20% since 9/11. Guess what happens as a result: Our billable rates go up. Also, health insurance has increased significantly. Same thing has happened with many businesses. I have not seen the labor prices increase yet, but have seen a significant amount of layoffs with a couple of the larger companies. Energy costs have gone up as well. At this time I don't think they are being passed down to the consumer, but do act like a tax on profits. The question is will those higher energy costs and insurance costs be passed to the consumer. I think so.