It's not just the cost of goods that is rising, although inflation remains a persistent source of consumer frustration. The U.S. services sector saw growth cool in September, even as domestic demand remains robust, while supply chains have become stretched, and prices continued to be elevated. Customers of all kinds are having to spend more for real estate, utilities, and environmental services as companies in those industries maintain pricing power.
For investors, there is an opportunity among companies that can pass some of those increased prices along to shareholders as a benefit. An industry-wide approach may provide the broadest access to firms in this category. Each of the exchange-traded funds (ETFs) below includes firms that help investors capture as much of the services sector's pricing power as possible.
