Unfortunately, the upward trend is continuing unabated. The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released December price data [ Available Here ] showing a dramatic 9.7% increase year-over-year in Final Demand products at the wholesale level. I’m not going to beat this dead horse { Go Deep Here }, except to point out a few even larger warning signs that are evident. Suffice to say, despite the spin likely from defenders of the White House […]
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