Price indexes were markedly lower, with the prices paid index falling eighteen points to 19.6 and the prices received index dropping eleven points to 1.0.
With that type of divergence, it is easy to see the significant pressure on margins (as a business owner, I am feeling it daily). This is a harbinger of more horrid economic news to come.
We only have to thank Oblam-o for making a more equal America.
How did GM end up making jobs for Chinese? .... thats just one example!
The good news just doesn't stop!! /s
[it is easy to see the significant pressure on margins (as a business owner, I am feeling it daily). ]
I am an engineer/entrepreneur, always looking for products to make to supplement our return on equities in the market. Every time I get down to calculating margins I can’t find any. Very depressing.