The Institute for Supply Management’s prices-paid index jumped to 81.5 in January, the highest level in more than two years, reflecting climbing costs for metals, chemicals and even soybean oil, the Tempe, Arizona-based group said today.
“If cash is King, then internally-generated cash flow is Queen.”
- An Ancient Philosopher
With uncertainty about how deep and long the recession will be, and a tighter lending environment, business leaders are paying increased attention to cash on hand and cash flow.