This is certainly good news. However, my stock market guru is concerned that as the price of producing goods in the US rises due to increased prices of raw materials favorable balance of trade will definitely be reduced and possibly even turn negative. Any manufacturers out there with opinions on this???
The most important commodity, overall, is the widely used family of hydrocarbon fuels. The cost of hydrocarbon fuels has a direct impact on the entire process, each step of the process, from travel to sites where goods can be purchased (or if ordered online, the delivery vehicles), to the light bill in the stores, to the transportation systems used to move the goods to the retailers and wholesalers, to process the parts or raw materials into finished goods or into parts, and transport and extract or otherwise produce (agriculture for example) the goods.