Philadelphia Fed
Philadelphia Fed
Coordinates: 39°57′07″N 75°09′04″W / 39.95194°N 75.15111°W / 39.95194; -75.15111...
expect future increases input next percent prices remain rise six
Expectations about future prices remain elevated: 62 percent of the firms expect input prices to rise over the next six months; 49 percent expect increases in the prices of their own manufactured goods,
banks business district energy expect high materials prices
Nevertheless, many business firms indicated to the District Banks that they expect high prices for energy and construction materials to persist,
among forecasts half higher increasing optimism previous suggesting
These forecasts are higher than in the previous survey, particularly for the first half of 2006, suggesting increasing optimism among the forecasters.
costs final goods higher passed prices suggesting widespread
Higher prices for final manufactured goods were also more widespread this month, suggesting that higher costs have been passed on to customers.