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Bureau of Labor Statistics Handbook of Methods Chapter 15 (PDF)
The BLS Handbook of Methods presents detailed explanations of how the Bureau of Labor Statistics (BLS) obtains and prepares the economic data it publishes. BLS statistics are used for many purposes, and sometimes data well suited to one purpose may have limitations for another. This publication aims to provide users of BLS data with the most current information necessary to evaluate the suitability of the statistics for their needs. Information including MXP program description, core concepts, data sources, sample design, index calculation, publication and history are located in Chapter 15 of the BLS Handbook of Methods
Explanation of Import and Export Price Index Series Codes
The series codes for the following classification systems are shown below.
Comparing MXP to other BLS Price and Spending Programs:
This table describes the main characteristics of the price and spending measures produced by BLS: the Consumer Price Index (CPI), Producer Price Index (PPI), Import and Export Price Indexes(MXP), and the Consumer Expenditure Survey (CE). This table is intended to provide users a basic understanding of what the surveys measure and the primary uses of the measures.
In order to help users assess the precision of the U.S. import and export price index series, BLS is now providing variance estimates for these figures. Currently, the data are only calculated for the all-import and all-export series. In the future, however, the published variance estimates will also be made available at a more detailed level.
How MXP Measures Price Changes for Select Goods and Services:
Last Modified Date: September 13, 2018