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To: Yogizuna who wrote (13692)	5/12/1999 7:08:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 99985

>>Your wife is more right than wrong I'm afraid. Inflation is very much still with us. << Haven't seen this posted yet but in case it was missed this morning... Wednesday May 12, 9:45 am Eastern Time (Note: this article is ''in progress''; there will likely be an update soon.) Atlanta Fed's inflation gauges show April surge NEW YORK, May 12 (Reuters) - The Federal Reserve Bank of Atlanta said on Wednesday several gauges of inflation in its monthly survey of U.S. Southeastern manufacturers showed a marked uptick in April. ''Current price indexes have been volatile but clearly firmer in recent months than during the latter part of 1998,'' the Atlanta Fed said in a commentary accompanying the release of its April industry activity index that slipped to 13.7 from a revised 14.1 in March. ''The prices-received index jumped back into positive territory and was at its highest level since July 1997,'' the Atlanta Fed pointed out. The prices received component of the Atlanta Fed index shot up to 6.8 in April versus minus-5.6 in March and 1.1 in February. That index had fallen to minus-17.2 last November, close to the height of the global financial crisis. ''The prices-paid index also turned positive, reaching its highest level since January 1998,'' the Atlanta Fed added, while noting that reports of rising prices were not yet broad-based as ''about two-thirds of the respondents reported no change in prices.'' The prices paid component of the Atlanta fed index shot up to 6.9 in April versus minus-2.3 in March and minus-6.6 in February. Six months ago, it was at minus-14.1. (Note: this article is ''in progress''; there will likely be an update soon.) biz.yahoo.com PS - And Causabon good points about the OT Anyone know what happened to Don? Did we upset him with the debate onthe China bombing on the thread or is he just taking a much deserved break? Good Luck, Lee