2002 Budget/Inflation %?

From: Martha Goldman (mgoldman@rcn.com)
Date: Fri Sep 14 2001 - 07:30:00 PDT


Cross-posted. Please excuse duplication; I tried to send this message before.

It is 2002 budget time and we have to calculate costs for our acquisitions accounts. The powers-that-be have provided an overall 4% inflation factor which in past years, has been far too low. In rior years, we have called leading publishers to inquire about their inflation projections. But before I begin that exercise, has anyone already done it this year? Experience tells me that an average 8% is standard, but gut feeling won't cut it with my office administrator. Thanks, and I will summarize for the list.

Martha Goldman
Director of Information Resources
Jones, Day, Reavis & Pogue
599 Lexington Avenue, 32 floor
New York, NY 10022
phone: 212-326-3669
fax: 212-755-7306
e-mail: mgoldman@rcn.com



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