Posted on 01/27/2014 10:08:08 AM PST by 1rudeboy
A growing number of U.S. businesses expect to raise prices in the coming months, according to a new survey by the National Association for Business Economics.
About 43% of companies plan to raise prices in the first three months of 2014, far more than the 20% that said they actually did raise prices in last years fourth quarter. Just over half 56% expect prices to stay flat and about 2% expect them to fall.
The NABE survey, conducted Dec. 19 to Jan. 6 and released Monday, is based on responses from 64 economists at U.S. companies and trade groups.
(Excerpt) Read more at stream.wsj.com ...
After staring agape at fifteen dollar packages of ground beef yesterday, I am not surprised.
Can’t happen, there is no inflation.
“Recovery Summer VI”, coming to a theater near you.
I thought the 33 bucks I spent on ground beef this Saturday was a little high. 1/3 of my grocery bill at Sams Club.
Another rarely mentioned negative result of all the food stamps issued.
Using our tax money to artificially increase demand for food driving up prices.
among other things all the Obamacare taxes have to be passed on.
Add to that smaller packages. Next bathroom break take a look at how much space is between the end of the tp roll and the end of the tp holder. Same thing with paper towels. Sure the advertise the amount of sheets, but the widths are significantly smaller.
Inflation has been raging since pelosi/reid took over power in 2007. Since boner and mcconnell have given the commies everything that they want... nothing has changed for the better.
Can KrogerPro be far behind? (a disgusting ground beef/soy meal mix peddled in my childhood, when Jimmy Carter last effed up the economy this badly)
The result of your dollars being worth less. But as a side note, the stock market is still near record highs, and durable goods (aka: cheap imports) are still fairly cheap. Now if we could just transfer our entire agricultural base to china, along with our petrochemical industry and military technologies, then we could make some real record profits!
The other day I was loading a new roll and noticed the diameter of the cardboard tube is bigger. The old cardboard fit inside the new roll. No inflation my, well, you know. ;)
Durable goods, generally, are not cheap.
All them ‘coons in them trees twixt the back porch and the creek is startin’ to look mighty tasty. Got about a hunderd ur so squirrels aroun’ too, they startin’ to look better. Mite hafta set a catfish trap in tha creek soon. The in viron mental projection agents is a sayin’ that creek is all cleaned up so they ain’t no reason not to eat them fish no mo’.
The reason is that the government keeps the "basket" constant. That being said, there are other ways the government massages the numbers, but failing to account for shrinking packaging sizes is not one.
Paid $4.35/gal for diesel this weekend. If you got it it came by truck.
Actually the Gov’t substitutes things in the basket and claims it is not changing the basket (i.e. 2 lbs of ground beef is = 2 lbs of sirloin steak, or T-Bone, or whatever).
There, no inflation, you’re still eating meat of some sort.
MMMMMMM, school lunch...
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