Value of quality changes in 2000 model-year cars
November 23, 1999
The quality changes in 2000 model-year cars had a retail value of $169.05 on average, representing about 41 percent of the average $408.42 yearly increase in manufacturers’ suggested list prices.
Of the $169.05 estimated retail level of quality change in domestic passenger cars, the bulk was due to non-mandated quality changes such as powertrain improvements, theft protection, safety improvements, and changes in levels of standard or optional equipment—non-mandated quality changes were valued at $153.79 on average.
Changes in accordance with 1990 Clean Air Act Amendments and with head impact protection standards accounted for $9.87 of the average value of quality change and safety changes for child seat tether anchors accounted for $5.39.
These data are a product of the BLS Producer Price Index program. Learn more in "Report on Quality Changes for 2000 Model Vehicles," news release USDL 99-324. The estimates on the value of quality changes were based on a sample of 14 2000 model-year domestic passenger cars included in the Producer Price Index for October.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Value of quality changes in 2000 model-year cars on the Internet at http://www.bls.gov/opub/ted/1999/nov/wk4/art02.htm (visited May 27, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.