And as I mentioned, so does the impact of f/x to the extent that components are imported and the US dollar weakens as compared to the export country's currency. The f/x rates between the US dollar and the Canadian dollar is just one example.
Also ... I recall reading that production costs in traditionally low cost countries such as China are going up, particularly labor. That is a very good trend if it reflects a real increase in the standard of living in the other countries. Call me provincial, but I happen to believe in the dignity of hard work and a fair return on labor.
I also recall reading somewhere that because production costs in China have increased, Paradigm "re-sourced" back to Canada cabinet manufacture. Previously, that process was outsourced to China.
Happy Holidays,
Bruce