Board of Governors of the Federal Reserve System

prices most often cited as the reason for any declines. Commercial builders...prices steady. Manufacturing Since mid July the District's durable goods

prices have fallen in recent weeks, price increases for inputs into the...for items such as steel, concrete, and lumber--that most companies can

Price increases were more widely reported; retail and service sector prices...prices rose somewhat more quickly, and they expected slightly higher prices

and/or cost-saving technologies, rather than expanding productive capacity...price pressures remained largely subdued. Contacts reported that prices

pricing anomalies are highly aligned in both the time series and the cross-section...2For instance, Collin-Dufresne, Goldstein, and Martin, 2001; Huang and

prices and somewhat higher costs. One contact noted that his firm has ...pricing to maintain market share." The District furniture industry has

prices has started to level off. Manufacturing Output at District factories...prices has started to level off. Product pricing remains relatively stable

prices have leveled off, after rising through the third quarter. Retailers...prices have leveled off, while their prices paid have decelerated. Financial

Prices and Costs On balance, nonwage price pressures were little changed...prices low. Retailers in Michigan reported smaller increases in prices

price increases are moderate, but significant increases are noted in energy...prices. Districts report higher energy prices across the board, with mixed