From Economic Policy Journal:
Here's some very scary anecdotal evidence on price direction from the ISM's release today:
Commodities Up in Price
Airfares; Beef; Chemical Products; Chicken; Crab; Coffee (2); #1 Diesel Fuel (2); #2 Diesel Fuel (3); Fuel; Gasoline; Medical Supplies (2); Paper; Petroleum Based Products; Resin Based Products; Vehicles; and Wire.
Commodities Down in Price
Corrugated Cartons is the only commodity reported down in price.
Commodities in Short Supply
Crab; #2 Diesel Fuel (2); Fiber Cable; and Pharmaceuticals.
Note: The number of consecutive months the commodity is listed is indicated after each item.
Bottom line, If you...
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