Final Thoughts
December 12, 2021
Final Thoughts
Written by Tim Triplett
Inflation and COVID have something in common. Both are invisible to the naked eye yet will color the economic picture in 2022. And both may make their presence known next year with painful consequences. Turns out Steel Market Update readers are more fearful of the fiscal bug than the physical one.
Steel Market Update’s questionnaire this week asked: How concerned are you about the potential impact of inflation on the economy next year? About 23% of respondents said they are “very concerned”. The majority, 67%, are “somewhat concerned.” Only 10% are “unconcerned” about the impact of inflation in the coming year.
