One reason more price increases could be coming: Companies say they aren’t seeing pushback from customers
American companies are starting to test the extent of their pricing power., helping fuel inflation like the U.S. hasn’t seen in more than a decade.even more. Others are more cautious, unsure if U.S. consumers have the appetite to absorb additional increases.
What companies decide will go a long way to answering a question that has surged to the top of executives’ and economists’ agendas this year: Istransitory, as the Federal Reserve predicts, or persistent, as some executives warn? Fastenal Co. , a major distributor of industrial supplies such as nuts and bolts, and Conagra Brands Inc., a food conglomerate, illustrate the pricing dance playing out across the biggest U.S. firms. Both companies are passing along higher costs to customers. They have different views about what happens next.
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