>Doug, fellow econsters, what did you think about the prices paid and price
>of raw materials part of the report? Stagflation sign? Naturally I can't
>find the file I saved but it looked pretty radical on the upside didn't it?
Some of the price numbers have been surprisingly strong, though this is usually explained as a result of strong oil prices and the steel tariffs, which have driven up steel prices. Broader inflation numbers are suggesting the opposite of inflation - i.e., tending towards deflation.
Doug