Producer prices up in March
April 15, 2002
The Producer Price Index for Finished Goods advanced 1.0 percent in March, seasonally adjusted. This increase followed a 0.2-percent increase in February and a 0.1-percent rise in January.
March's acceleration in the finished goods index was primarily due to prices for finished energy goods, which advanced 5.5 percent compared with a 0.4-percent gain in February. Excluding energy goods, the index for finished goods rose 0.2 percent in March. Prices for finished goods other than foods and energy edged up 0.1 percent, after being unchanged in the prior month.
During the first quarter of 2002, the Finished Goods Price Index advanced at a seasonally adjusted annual rate of 5.6 percent, after posting a 9.6-percent decline during the fourth quarter of 2001. The index for finished energy goods rose at a 26.3-percent annual rate during the first quarter of 2002, after dropping 43.4 percent in the last three months of 2001.
From March 2001 to March 2002, the finished goods index fell 1.4 percent.
These data are a product of the BLS Producer Price Index program. Find out more in the "Producer Price Indexes, March 2002", news release USDL 02-212. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices up in March on the Internet at http://www.bls.gov/opub/ted/2002/apr/wk3/art01.htm (visited September 24, 2016).
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.