Excerpt from Bloomberg quoting DataTrek Research:
…. “For inflation to make the switch from transitory to structural, the economy needs to see a sustained boost in capacity utilization by companies, which would allow them to raise prices more easily — as long as their peers are also experiencing tight capacity. DataTrek Research issued a report this week that found the “magic number” to be right about 80% as the point where capacity utilization results in faster inflation. The problem is, that level hasn’t been reached since early 2008, before the financial crisis”….
Read the full article here on Bloomberg!