How do you identify the right pricing data for accurate planning, pricing, and budgeting in today's economic environment? We can help.
Inflation affects everyone, but the breadth of its impact on individual businesses varies. While headline numbers like US Producer Prices and US Consumer Prices provide valuable insight into overall trends, they don’t always reflect what’s happening at ground level for individual companies or business units.
At ITR Economics, we forecast both key price measures in our ITR Trends Report™, giving clients a reliable view of the broader inflation landscape. But many organizations seek out an additional layer of value by working with us to dig deeper into the specific pricing series that best capture their unique cost pressures.
Every company experiences pricing changes differently. A manufacturer sourcing copper or plastics faces very different cost dynamics from a construction firm buying lumber or concrete. From labor costs to raw material inputs, we have access to hundreds of datasets, allowing you to dissect the pricing pressures at front of mind for your business. Our economists can help you identify which pricing data best reflects the input costs you care about.
We can also work with clients to create a weighted Price Index that profiles overall input costs specific to their business. This tailored index pulls pricing information from multiple datasets to provide a clearer picture of inflationary impact, thereby supporting more accurate planning, pricing, and budgeting.
In today’s uncertain economic environment, the combination of our access to a multitude of specific pricing datasets and our industry-leading forecast accuracy gives our clients a huge leg up on the competition. We help businesses move from general inflation insights to data that more specifically represents their market reality.
Partner with ITR Economics to find the pricing data that fits your business and make confident, data-driven decisions for the future.
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Prolonged acceleration at the global level has put upward pressure on commodity and raw material pricing for US producers.