Opinion

The Price of Uncertainty

Just as we appear to be climbing out of the 2008-2010 recession, surging commodity prices may put the brakes on business growth and corporate spending. The March Producer Price Index spiked 1.6% in March after increases of 0.8% in January and 0.9% in February. Businesses already worried about cost management are forcing to sharpen their pencils even more to maintain their margins as consumers remain hesitant in an uncertain environment.