Value of quality changes for 2010 passenger cars and light trucks
December 01, 2009
The retail equivalent value of quality changes for the 2010 model year domestic passenger cars averaged $271.42. This change represents 38.0 percent of the average $713.99 over-the-year increase in manufacturer's suggested list prices.
The retail equivalent value of quality changes for the 2010 model year domestic light trucks averaged $(‑2.92). The average over-the-year increase in manufacturer's suggested list prices was $752.81.
The $(‑2.92) estimated retail value of quality change breaks down as follows: $45.50 for mandated and non-mandated safety changes such as improvements to headrests and airbags; $(‑48.42) for other quality changes such as changes in audio systems, powertrains, and changes in levels of standard or optional equipment.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Value of quality changes for 2010 passenger cars and light trucks on the Internet at http://www.bls.gov/opub/ted/2009/ted_20091201.htm (visited April 01, 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.