Third drop in a row for consumer durables prices
June 20, 2000
In 1999, prices paid by consumers for durable commodities dropped for the third straight year.
Prices for consumer durables dropped by 1.2 percent in 1999. They had fallen by 0.5 percent in 1998 and by 1.5 percent in 1997. The 1997 decline was the first for consumer durables since 1965.
Examples of consumer durables are furniture, televisions, new vehicles, and motor vehicle parts. Furniture prices decreased by 1.3 percent and television prices by 7.3 percent last year. Prices of new vehicles were down by 0.3 percent and prices of motor vehicle parts by 0.4 percent.
These data are produced by the BLS Consumer Price Index program. More information on consumer price changes can be found in "Core consumer prices in 1999: low by historical standards," by Todd Wilson, Monthly Labor Review, April 2000. Annual percent changes are December-to-December changes.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Third drop in a row for consumer durables prices on the Internet at http://www.bls.gov/opub/ted/2000/jun/wk3/art02.htm (visited May 04, 2016).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.