five 5.8 medicines there as you go up the scale, whereas in the left two graphs, we're looking at much larger increases, so just want to make sure people pay attention to that. And that's clear. So as you can see, over the 20 year trend, we have a massive spike in 2021 2020, and 2021, meaning into, you know, all the way into 2023 that as we zoom in a bit closer, we look at the five year horizon, guys have seen these, these, again, these prices really spike during 2020 2021 and into 2022. And that we're seeing over 2023 is, you know, a little bit more stability, you know, like he may have plateaued, but little ups and downs. And that's what you can see on the graph over on the far away. As you can see, you know, there's been a drop dropped, you know, since July, we're going to return to the starting point 43 of the start of 2023 brought a new kind of rise back and then things are starting to kind of go back down again. So just important to remember that even when you know the chart on the far right, or even the one in the middle starts to dip down. We are still way above the trend over the previous 20 years. So even if the you know, cost you're paying and hopefully today is a little cheaper than it was, you know, a month ago, we're still even that price is still way above where we would have expected it to be in, you know, July of 2019, that trend was relatively stable. And also there's a huge spike. So just an important from within playing, and they really challenging phrases are really quick to rise, even when they come down, you're still way above where you where you were before. So let's jump to the next slide. So in addition to looking at, you know, a basket, comedy, a collection of materials is also important to look at individual materials that are really important to GL WA, and its contractors. So as you can see, between July 2017, July to 20, you know, relatively stable prices, and also a lot of these really important commodities. And again, looking at the prices, producers are paying, until again, no surprise here, major major jump in 2020 and 2021, particular iron, steel and chlorine, really important materials for both capital and operating projects that need to wait 22 weeks, around the beginning of the year for middle of the year, prices start to come down for these materials. And again, when adjusted, even where those prices have come down, you know, we're looking at 40, down around 12% Over the last year, it's still way higher than it was, you know, in 2018, and higher than you would have expected it to be if you were just looking at 10 years of trend data. So that's the story on iron and steel pipes and tubes as well as chlorine. And then if you look at those next four, you know aggregates and then electrical equipment, things like that. Those are, you know, maybe a little bit more slower increase, but those increases have continued. And they really add to you know, maybe they slowed, you see a little plateaus in there. But they still up year over year, whereas some of these other materials were down year over year. So here's an important thing to keep in mind, as we're thinking about, you know, the last slide that shows a lot of these things together, and then kind of breaking it apart and looking at some of the more individual components. So perfect. Now let's talk about another key component of any project. You know, we all know material prices are really important, but so sore wages and, and this is a look at full compensation across all private industries in Detroit, the Midwest and the United States for America. So again, important thing to look at on the vertical axis, these are the these are the rates of either increase or decrease in these in these cases increase in total compensation, we're talking wages, salary, benefits, retirement, all those things kind of put into one, as you can see, you know, over the last five years for the first three years, relatively stable with with these costs kind of going up about two to 3% per per year, kind of looking back, and then all of a sudden 2021, these increases start to increase pretty dramatically. In fact, by the time we get to the end of the year, last year, we've nearly doubled the rate at which these wages are increasing. So now that wages and compensation have doubled, the rate at which they are increasing doubles. And so you know, those, those rates at which wages have been increasing, has started to decline or still above the kind of trend, you know, in the first half of this chart. So just an important thing to keep in mind, if we were to see, you know, the actual wage decline in here, you know, you'd have to look at the bottom of this graph, which is at 0%. So that's just an important thing to keep in mind here. And not much difference between what's going on in Detroit and in West overall, I would say is is pretty close, by the time we hit June of this year, is released on a quarterly basis. So let's jump to my last slide here. And now I'll pause for questions, we can turn to any of the other slides that I've covered so far. So as I mentioned, 2020 1920 20, even if we read that further, looking at inflation rates at 2%, or lower. And so all of a sudden, when we hit 2021, those rates jump, you know, we're at 4.7% of 2021, depending on the measure you're using are somewhere between six and a half and 7% and seven and a half percent at the end of 2022. And that's where we have survey projections. And so as a convention, we're looking at an optimistic case in the green. So lots of different factors can be included in that as to why inflation might reduce faster than we expect. We're looking at a pessimistic case and the red were racing Are these inflation rates elevated longer. And then the base case, what we're kind of the general consensus, this is where we're this is where we're expecting things to fall in our 2022 projections, we fell just within this kind of blue bar. And we're hoping that'll be the same in 2023. From an analytical perspective, that obviously won't, for the economy, say that inflation goes more into that into that create more there. So as you'll see, as I mentioned earlier, in the presentation, we're projecting around 3.6, by the end of the year, for year over year, inflation rate, and then we're seeing a continued decline into 2024. And the years, as you'll see, on this blue bar, though, we're not projecting at this point, you know, again, when you're in the tents and percentages here, you know, it's important to keep in mind that that kind of went blue around the blue bar, that kind of shows some, some range there that we're talking about races still could be above the 2% Fat target in the in the out years. That said, we are, you know, we're optimistic scenario, see inflation rates declining in just below the target into 2024, and remain where they were around 2019. And for, as a super optimistic case, you know, if you're, if you're reading a lot about this issue, you often find that folks are, again, very concerned is going to be difficult to get all the way back down and below 2% Over the next five years. So I'm gonna stop there. Happy to answer any questions, and we can flip back to the slides that are related to those questions.