First rise in consumer durables prices since 1996
May 03, 2005
Durable commodities prices paid by consumers increased 0.4 percent in 2004, after decreasing 4.3 percent in 2003. The 2004 advance was the first increase in durables prices since 1996.
Durables include items such as vehicles, furniture and bedding, and computers.
Used car and truck prices rose 4.8 percent in 2004, after decreasing 11.8 percent in 2003. Prices of leased cars and trucks decreased 4.2 percent in 2004, following an 11.8-percent decrease in the prior year. New vehicle prices increased 0.6 percent in 2004, the first increase since 1996.
Furniture and bedding prices declined 0.2 percent in 2004. Prices for personal computers and peripheral equipment dropped by 14.2 percent.
These data are from the BLS Consumer Price Index program. Annual percent changes are December-to-December changes. For additional information on consumer price changes in 2004, see "Consumer price index, 2004," by Todd Wilson, Monthly Labor Review, April 2005.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, First rise in consumer durables prices since 1996 on the Internet at http://www.bls.gov/opub/ted/2005/may/wk1/art02.htm (visited March 29, 2015).
Three recent editions of Spotlight on Statistics
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.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.