Real Time Economics: Goods Prices Increase, as Services Costs Lag

"A few months ago, the Journal pointed out the rising disconnect between goods prices in the U.S. and services prices. Goods prices face upward pressure because goods tend to be globally traded and are getting pushed higher in part by demand abroad. Meanwhile, service prices, which are less subject to the whims of demand from abroad, are being held back because there’s so much slack in the