Producer prices fell in November 2008
December 15, 2008
The Producer Price Index for Finished Goods fell 2.2 percent in November, seasonally adjusted. The index for energy goods fell 11.2 percent in November following a 12.8-percent drop in the preceding month.
Prices for consumer foods were unchanged after declining 0.2 percent in October.
Prices for goods other than foods and energy advanced 0.1 percent in November compared with a 0.4-percent rise a month earlier.
From November 2007 to November 2008, prices for finished goods rose 0.4 percent, as shown in the chart.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — November 2008," (PDF) (HTML) news release USDL 08-1805. 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 fell in November 2008 on the Internet at http://www.bls.gov/opub/ted/2008/dec/wk3/art01.htm (visited December 18, 2014).
Three recent editions of Spotlight on Statistics
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.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.