Additionally, the lack of existing homes for sale, which is increasing cycle times for homebuilders, and affordability issues are ultimately hurting housing and its related industries. Although the price level of inputs to residential construction less energy (i.e., building materials) increased 0.2% in November, a slowdown in inflation and an improving job market are signaling hope. The company also experienced a decrease in revenues from the Drilling Technologies segment due to lower U.S. rig count and customer activity, as well as higher labor costs and general inflation.