1998 consumer price rise in the West slightly above national increase

March 22, 1999

In the West region, the Consumer Price Index for All Urban Consumers (CPI-U) rose 1.8 percent from December 1997 to December 1998, just above the national rise of 1.6 percent. The West CPI had risen 2.6 percent in 1997. The CPI-U measures retail price changes for goods and services purchased by consumers in metropolitan areas.

Annual change in CPI-U and components, West region, 1998
[Chart data—TXT]

Housing combined with food and beverages account for 58 percent of total consumer expenditures in the West (42 percent and 16 percent, respectively); in 1998, the West housing index rose 3.0 percent and the food and beverages index increased 2.5 percent. Medical care prices rose 2.7 percent, while the "other goods and services" index—which includes prices for tobacco products—increased 6.3 percent.

Price declines were reported in transportation (-1.4 percent) and recreation (-0.4 percent), while prices for education and communication (0.4 percent) and apparel (0.6 percent) rose slightly.

These data are produced by the BLS Consumer Price Index program. More information can be obtained in news release USDL 99-01, "Consumer Prices in the West: December 1998." Annual comparisons are based on changes in indexes from December 1997 to December 1998. For data on price increases during 1998 in other U.S. regions, see "Consumer prices in the Midwest rise 1.6 percent in 1998" and "Consumer prices rise 1.7 percent in the Northeast in 1998."

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, 1998 consumer price rise in the West slightly above national increase on the Internet at http://www.bls.gov/opub/ted/1999/mar/wk4/art01.htm (visited August 28, 2016).

OF INTEREST

Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • Employment and Wages in Healthcare Occupations
    Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.

  • Fifty years of looking at changes in peoples lives
    Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.