Mitchell Hartman

I'm Mitchell Hartman for Marketplace.

I'm Mitchell Hartman for Marketplace.

Let's start with a simple definition.

Ross Mayfield is an investment strategist at Baird, which is a marketplace underwriter.

He expects tomorrow's report to show PPI cooled off a bit in January and continue to be driven by rising prices for services.

And which services are driving wholesale inflation?

Here's Scott Helfstein at investment firm Global X.

Blame power-hungry data centers in part for that.

Where there's been sharp goods inflation is for raw materials and other inputs for manufacturing and construction that face high import taxes.

It's pretty staggering.

Ken Simonson is chief economist at Associated General Contractors of America.

Prices up 28, 17, and 11 percent last year.

Also sharply higher, appliances and furniture.

Simonson says all this has led clients to hold off on starting new construction projects from factories to houses.

I'm Mitchell Hartman for Marketplace.

Oh, that's true.

And then UC Santa Cruz.

Under Section 122, President Trump has some very specific tariff-imposing powers, says Erica York at the Tax Foundation.

They don't have to be justified by other countries' alleged unfair trade practices or to protect U.S.

national security.