3.9k Share this

Executives at big American corporations can’t stop talking about inflation, the bugaboo for markets, households and policy makers as the pandemic enters a third year, according to supply-chain researcher Panjiva, a unit of S&P Global Market Intelligence.

The chart below shows the sharp increased in mentions for “supply chains,” “logistics” and “inflation” by companies when reporting quarterly results since 2018, as tracked by Panjiva.

The light-blue line shows inflation-related words came up on 71% of earnings calls in the fourth quarter of 2021, up from 39.2% a year before.

Talk about inflation hits 71% of corporate earnings calls in Q4

Panjiva, the supply chain research unit of S&P Global Market Intelligence

For apparel and leisure products, Panjiva’s analysis showed more frequent inflation mentions at 75.0% and 94.1% of calls, respectively, in the fourth quarter.

“Talk of “supply chain” and “logistics” have increased alongside inflation, with up to 77.8% of calls for “supply chain” and 61.2% of calls for “logistics” in the fourth quarter,” wrote Eric Oak, a researcher at Panjiva.

Pricing pressures have pushed up the costs of living to a 40-year high, despite early on being talked about as a “transient” force by the Federal Reserve, as it stuck to its easy-monetary policy stance through much of the COVID crisis.

That’s not how things have played out. U.S. inflation was last pegged at a 7% yearly rate and likely to rise.

Read: High inflation has jacked up the cost of food, gas, cars and rent – and there’s little relief in sight

That’s prompted the Fed to shifts gears, with the first interest rate hike since 2018 widely expected in March and a shrinking of its balance sheet to follow.

U.S. stocks were climbing Wednesday ahead of Thursday’s annual consumer price inflation reading for January, which is expected to rise to 7.2%. The S&P 500 index SPX, +1.21% was up 1.4%, the Dow Jones Industrial Average DJIA, +0.72% up 0.9% and the Nasdaq Composite Index COMP, +1.65% up 1.9%.

Source: This post first appeared on http://marketwatch.com/

3.9k Share this
You May Also Like

WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement

Blockchain-based gaming, also known as GameFi, is an up-and-coming sector that could…

Broadcom Reports After The Close On 6/2 — Options Contracts Expire The Next Day

According to NextEarningsDate.com, the Broadcom AVGO AVGO next earnings date is projected…

Boeing Starliner Capsule Lands In New Mexico After Its First Successful Test Launch In Years

Topline An uncrewed Boeing Starliner capsule touched down in the New Mexico…

To Replenish Its Army In Ukraine, Russia Plans To Strip Its Training Units. It Can Only Do This Once.

Russian troops in January 2022. Russian defense ministry photo Before Russian president…

National Baby-Formula Stockpile Is Urged by FDA Commissioner

Food and Drug Administration Commissioner Robert Califf proposed a national stockpile of…

FBI Agents Who ‘Mishandled’ Larry Nassar Investigation Will Not Face Charges, DOJ Says

Topline Two former FBI agents who “mishandled” an investigation into Larry Nassar,…

Can Soft Skills Be Learned? Only If You Truly Commit

Opinions expressed by Entrepreneur contributors are their own. My time as a…

The Rise Of Chelsea Women To Be Charted In New Documentary Series

Promotional poster for ‘One Team, One Dream’, a new series on Chelsea…