these one-time increases in prices are likely to have only transitory effects on inflation. reporter: the federal reserve says this won t last. and they won t raise rates, until more people get back into work. economists say it will take more than just price raises to shift that view. i think the warning signs are does inflation get reflected in inflation expectations? i need to raise my prices if i am a business because my competitors are doing that. because my workers are demanding wage increases. reporter: at national elevator cab and door in brooklyn, while wages have gone up as the company works through a backlog of pre-covid contracts, its future demand that keeps the ceo awake at night. how many elevators will people need? you know, how fast will buildings want to replace what they have? so that s an existential question for us. the price of material is painful, we ll survive. but if people don t come back to buildings, we got a problem. reporter: and that s the inte
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they ve been twenty years in development unlike conventional models they function without weights or cables. the elevator cab in sits on a kind of slide that travels along to guide rails. the rails essentially do the same thing a cable does in conventional lifts the power generates a mobile magnetic field that propels the cabin in the planned direction. the cabin can also travel sideways. what s called the exchanger sets it on the horizontal track. i m not allowed to take a ride the engineers are still waiting for safety approval that should happen in about two years time. if there s a sudden power outage the brakes immediately grab the guide rails cooking the cabin in place. the system would open up
qualified zero they ve been twenty years in development unlike conventional models they function without weights or cables. the elevator cab insists on a kind of slide the travels along to guide rails. the rails essentially do the same thing a cable does in conventional left power generates a mobile magnetic field that propels the cabin in the planned direction. the cabin can also travel sideways. what s called the exchanger sets it on the horizontal track. by not allowed to take a ride the engineers are still waiting for safety approval that should happen in about two years time. if there s a sudden power outage the brakes immediately grabbed the guide rails hooking the cabin in place. the system would open up