With all the bad economic news adding to our woes almost daily, we find ourselves grasping at any sign that things could be on the mend. When I first read this along with some other comments, my feet wanted to get up and do a little jig. I actually had to sit down and do some analysis in my head.

“Now wait just a minute,” I told myself. “This is just a small indicator and it’s in a country far away. Even if it is the beginning of price stabilization, it is in Great Britain and will take some time before being felt over here. And, the commodities that concern out company the most are metals and those are still floating near the bottom – except some precious metals which have gained recently.”

So, yes, the news about some items realizing significant price gains is good, however, it is just a small piece of the pie and it is in a market far away from us. Sit back down, take a few deep breaths and get back to work.

Tags: economy, paper, recycling, scrap prices

This entry was posted on Friday, February 27th, 2009 at 10:37 am and is filed under paper, recycling. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.