Prices for construction steel: metal studs and related items, are starting a steep climb. 10% this month (August Delivery), 10% projected for September and another 10% for October. Seems that the recession closed down plants, so that what demand there is is creating higher prices. Of course, this will be seen in the GDP as a "positive indicator" as the dollars will push towards growth. When it's just higher prices. Like the price of gas. They say that the construction industry is a harbinger of the economy as a whole. 10% a month, heck, we'll be out of the recession by Christmas Only dead wood goes with the flow.
Orignal From: Stagflation? or worse?
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