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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (10460)3/19/2004 12:49:23 PM
From: ild  Respond to of 110194
 
I own a company that manufactures farm equipment. Since June of 2003, my prices for raw steel is up from 50% to 250% depending on the material. These prices crept up until the end of December, then they shot up rapidly.

I have been hit by price inceases from an assortment of my supplies. These increases have been from 8% to 50% on products as disverse as bearing, nuts, bolts, rims, wheel hubs, welding rod, replacement parts for torches, welder, saws, drill presses, shipping supplies: pallets strech wrap. You get the drift. The increases are not just in steel products.

My question. Why hasn't this shown up in govermental data yet? What happens when it does.

ragingbull.lycos.com



To: russwinter who wrote (10460)3/19/2004 12:55:07 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
but what's your point?

My point was that your headline did not seem to match the article.
Perhaps prices on some steel products are being passed on but that article seemed to be about steel not finished goods.

I was trying to understand if you thought that artice was talking about steel or about finished goods. That's all.
As for me I really am unclear about the precise definition of "finished goods".

M


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