When we pick out what's the good news and the bad news of the equipment business right now at this point, the good news is that it looks like steel pricing may have peaked. If you've paid attention here over the last year or so, as demand within the economy has picked up again, the demand for steel has gone up and its price has skyrocketed. That's led to steel surcharges from some of our vendors as high as 35%.
So we're going to hope that steel goes like lumber, right? We had this really expensive peak of lumber here a couple of months ago, and the price has dropped significantly and stabilized. Hopefully, steel goes that direction here now shortly.
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