FOR DATA ONLY: (202) 691-5200 USDL 08-0504
FOR TECHNICAL INFORMATION: TRANSMISSION OF MATERIAL IN
(202) 691-7705 THIS RELEASE IS EMBARGOED
MEDIA CONTACT: (202) 691-5902 UNTIL 8:30 A.M. (EDT), TUESDAY,
http://www.bls.gov/ppi APRIL 15, 2008
Producer Price Indexes - March 2008
The Producer Price Index for Finished Goods increased 1.1 percent in March, seasonally
adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This
advance followed a 0.3-percent rise in February and a 1.0-percent increase in January. At the
earlier stages of processing, prices received by producers of intermediate goods rose 2.3 percent
after increasing 0.8 percent a month earlier, and the crude goods index advanced 8.0 percent
following a 3.7-percent rise in February. (See table A.)
Table A. Monthly and annual percent changes in selected stage-of-processing price
indexes, seasonally adjusted
______________________________________________________________________________________
| | | | |
| | Finished goods | | |
| | | | |
| |---------------------------------------------------------| | |
| | | | | | Change in | | |
| | | | | Except |finished goods| Inter- | |
| | | | |foods and|from 12 months| mediate | Crude |
| Month | Total | Foods | Energy | energy | ago(unadj.) | goods | goods |
|--------------------------------------------------------------------------------------|
2007
Mar. 0.9 1.5 3.2 -0.1 3.1 1.0 2.5
Apr. .7 .5 2.6 .2 3.2 1.1 1.0
May .6 -.7 2.9 .2 3.9 1.0 1.0
June .1 -.2 -.3 .2 3.3 .4 .8
July .5 -.1 2.2 .2 4.2 .7 .3
Aug. -.8 0 -4.2 .1 2.3 -.9 -3.5
Sept. .5 1.1 1.2 .1 4.4 0 .9
Oct. .5 1.3 1.1 .1 6.1 .6 4.0
Nov. 2.6 r -.2 11.7 r .3 r 7.3 r 2.9 r 6.8
Dec. r -.4 r 1.2 -3.0 r .1 6.3 r -.1 r 2.4
2008
Jan. 1.0 1.7 1.5 .4 7.4 1.4 2.5
Feb. .3 -.5 .8 .5 6.4 .8 3.7
Mar. 1.1 1.2 2.9 .2 6.9 2.3 8.0
r=revised. Some of the figures shown above and elsewhere in this release may differ
from those previously reported because data for November 2007 have been revised to
reflect the availability of late reports and corrections by respondents.
-2-
Among finished goods, the increase in the index for energy goods accelerated to 2.9
percent in March from 0.8 percent in the preceding month. Prices for finished consumer foods
turned up 1.2 percent after declining 0.5 percent in February. By contrast, partially offsetting the
acceleration in finished goods prices, the rise in the index for finished goods less foods and
energy slowed to 0.2 percent from 0.5 percent in February.
During the first quarter of 2008, the finished goods index rose at a 10.2-percent
seasonally adjusted annual rate (SAAR), after climbing at an 11.5-percent SAAR during the
fourth quarter of 2007. Much of this slower rate of increase can be traced to prices for finished
energy goods, which moved up at a 22.5-percent SAAR for the 3 months ended in March after
jumping at a 44.1-percent SAAR for the 3 months ended in December. By contrast, prices for
finished goods less foods and energy increased at a 5.0-percent SAAR during the first quarter of
2008 after rising at a 2.2-percent SAAR during the fourth quarter of 2007. The index for
finished consumer foods increased at a 10.1-percent SAAR for the 3 months ended in March
after advancing at a 9.6-percent SAAR for the 3 months ended in December. At the earlier
stages of processing, the intermediate goods index moved up at a 19.4-percent SAAR during the
first quarter of 2008 after increasing at a 14.5-percent SAAR during the fourth quarter of 2007,
and prices for crude goods surged at a 73.4-percent SAAR for the 3 months ended in March after
jumping at a 67.7-percent SAAR for the 3 months ended in December. (See summary table.)
Summary of December-to-December and 3-month seasonally adjusted annual rates of
change in price indexes at selected stages of process
___________________________________________________________________________________
| | Percentage | |
| | change 12 | Seasonally adjusted annual |
| | months ended | rate for 3 months ended |
| Grouping | in December |-----------------------------|
| |--------------------| June | Sep. | Dec. | Mar. |
| | 2005 | 2006 | 2007 | 2007 | 2007 | 2007 | 2008 |
|-----------------------------------------------------------------------------------|
Finished goods 5.4 1.1 6.3 5.5 1.0 11.5 10.2
Finished consumer foods 1.7 1.7 7.4 -1.2 4.4 9.6 10.1
Finished energy goods 23.9 -2.0 18.4 22.9 -3.3 44.1 22.5
Finished goods less foods
and energy 1.4 2.0 2.0 2.5 1.5 2.2 5.0
Finished consumer goods,
excluding foods and energy 1.6 1.8 2.5 3.1 1.9 2.6 5.5
Capital equipment 1.2 2.3 1.3 1.6 .5 1.6 4.3
Intermediate materials,
supplies, and components 8.6 2.8 6.8 10.4 -.9 14.5 19.4
Intermediate foods and feeds 2.4 4.7 17.5 11.7 10.2 20.7 39.6
Intermediate energy goods 26.2 -3.3 18.6 23.7 -5.3 50.6 46.4
Intermediate materials less
foods and energy 4.8 4.5 3.3 6.9 0 4.6 10.7
Materials for nondurable
manufacturing 8.9 1.2 13.0 21.3 2.6 21.0 19.8
Materials for durable
manufacturing 5.9 12.5 1.6 19.0 -10.6 -2.3 26.5
Materials and components
for construction 6.1 4.3 1.8 3.8 .4 .4 7.9
Crude materials for further
processing 21.1 -4.7 20.6 12.2 -8.9 67.7 73.4
Foodstuffs and feedstuffs 1.6 2.8 25.2 8.6 9.3 32.5 23.8
Crude energy materials 42.2 -15.7 17.2 26.5 -27.0 129.9 120.7
Crude nonfood materials
less energy 5.2 17.0 16.8 -4.0 14.9 10.1 52.6
NOTE: Late reports and corrections by respondents may cause some indexes to change
4 months after original publication. In addition, seasonally adjusted indexes may
be revised for 5 years, due to the recalculation of seasonal factors each January.
-3-
Before seasonal adjustment, the Producer Price Index for Finished Goods climbed 1.9
percent in March to 175.4 (1982 = 100). From March 2007 to March 2008, finished goods
prices rose 6.9 percent. Over the same period, the index for finished energy goods increased
20.4 percent, prices for finished consumer foods moved up 5.8 percent, and the index for
finished goods less foods and energy advanced 2.7 percent. For the 12 months ended in March,
prices received by manufacturers of intermediate goods rose 10.5 percent, and the crude goods
index advanced 31.4 percent.
Finished goods
The rise in the finished energy goods index accelerated to 2.9 percent from 0.8 percent in
February. Over half of this acceleration can be attributed to the liquefied petroleum gas index,
which turned up 4.2 percent in March after dropping 9.7 percent a month earlier. Prices for
home heating oil, residential electric power, and kerosene also moved up after falling in the
preceding month. The indexes for diesel fuel and asphalt advanced more in March than in the
prior month. Conversely, partially offsetting the acceleration in finished energy goods prices, the
rise in the index for gasoline slowed to 1.3 percent from 2.9 percent in February. Prices for
residential natural gas also advanced less than a month earlier. (See table 2.)
Table B. Monthly and annual percent changes in selected price indexes for
intermediate goods and crude goods, seasonally adjusted
__________________________________________________________________________________
| | | |
| | Intermediate goods | Crude goods |
| | | |
| |---------------------------------------------------------------------------|
| | | | |Change in | | | | Change |
| | | | | interme- | | | |in crude |
| | | | | diate | | | | goods |
| | | | |goods from| | | | from 12 |
| | | | Except |12 months | | | Except | months |
| | | |foods and| ago | | |foods and| ago |
|Month | Foods | Energy | energy | (unadj.) | Foods | Energy | energy |(unadj.) |
|----------------------------------------------------------------------------------|
2007
Mar. 1.7 3.1 0.4 3.3 2.3 0.3 6.9 13.3
Apr. .9 1.9 .8 3.7 1.3 .8 1.1 11.6
May 0 2.8 .5 3.8 .8 3.0 -1.8 11.3
June 1.9 .7 .3 3.6 -.1 2.2 -.3 15.5
July .7 2.0 .4 4.2 1.1 -.5 .7 12.9
Aug. .4 -2.9 -.4 2.4 -1.6 -6.4 .6 6.1
Sept. 1.3 -.5 .1 4.1 2.7 -.8 2.2 11.3
Oct. 1.2 1.3 .4 5.7 -.2 8.2 1.5 26.8
Nov. r 1.4 r 10.4 .8 r 7.9 r 2.9 r 12.3 r -.9 r 20.9
Dec. r 2.2 r -.9 0 6.8 r 4.4 r 1.3 r 1.9 20.6
2008
Jan. 3.3 2.8 .8 8.8 2.7 1.8 4.0 31.3
Feb. 2.3 1.1 .6 8.8 .7 5.6 3.3 24.6
Mar. 2.9 5.9 1.1 10.5 2.0 13.4 3.5 31.4
r=revised. Some of the figures shown above and elsewhere in this release may
differ from those previously reported because data for November 2007 have been
revised to reflect the availability of late reports and corrections by respondents.
-4-
The index for finished consumer foods turned up 1.2 percent in March following a 0.5-
percent decrease in February. The index for fresh and dry vegetables jumped 15.4 percent in
March after dropping 15.7 percent in the previous month. Prices for processed young chickens
also turned up in March after falling in the prior month. The index for fresh fruits and melons
fell less than in February. Prices for beef and veal and for shortening and cooking oils advanced
more than a month earlier. By contrast, the index for soft drinks turned down 0.8 percent after
rising 0.5 percent in February. Prices for eggs for fresh use also fell in March after advancing in
the preceding month, and the index for pork decreased more than in February.
The index for finished goods less foods and energy climbed 0.2 percent after rising 0.5
percent in February. The rise in the index for pharmaceutical preparations slowed to 0.4 percent
in March from 1.3 percent in the prior month. Prices for sanitary paper and health products,
alcoholic beverages, civilian aircraft, and pet food also increased less than in February. The
indexes for light motor trucks and passenger cars turned down in March after rising in the prior
month. By contrast, the index for soaps and synthetic detergents rose 2.0 percent following a
0.1-percent advance in February.
Intermediate goods
The Producer Price Index for Intermediate Materials, Supplies, and Components rose 2.3
percent in March subsequent to a 0.8-percent increase in the prior month. This price acceleration
was broad based as the indexes for intermediate energy goods, materials for both durable and
nondurable manufacturing, intermediate foods and feeds, and materials and components for
construction all rose more in March. Prices for intermediate materials less foods and energy
moved up 1.1 percent after advancing 0.6 percent in February. (See table B.)
The intermediate energy goods index climbed 5.9 percent in March following a 1.1-
percent gain in the previous month. Leading this acceleration, the index for diesel fuel surged
15.3 percent after rising 0.9 percent in February. Prices for jet fuel, residual fuel, liquefied
petroleum gas, electric power, and home heating oil turned up in March. By contrast, slightly
offsetting the acceleration in the intermediate energy goods index, gasoline prices advanced 1.3
percent compared with a 2.9-percent rise in February. The index for utility natural gas also rose
less than it had in the prior month. (See table 2.) The intermediate energy goods index advanced
at a 46.4-percent SAAR from December 2007 to March 2008 after moving up at a 50.6-percent
SAAR during the final quarter of 2007.
Prices for materials for durable manufacturing increased 3.8 percent in March subsequent
to a 1.6-percent rise in the preceding month. The cold rolled steel sheet and strip index advanced
7.6 percent following a 4.2-percent decline a month earlier. Prices for hot rolled steel sheet and
strip, aluminum mill shapes, nonferrous wire and cable, secondary aluminum, and copper and
brass mill shapes advanced at faster rates compared with the prior month. By contrast, the index
for prepared paint decreased 1.5 percent after rising 1.7 percent in February. Prices for
semifinished steel mill products and for hot rolled steel bars, plates, and structural shapes
increased less than they had a month earlier. From December 2007 to March 2008, prices for
materials for durable manufacturing advanced at a 26.5-percent SAAR after moving down at a
2.3-percent SAAR in the prior quarter.
The index for materials for nondurable manufacturing rose 1.5 percent following a 0.9-
percent increase in February. Prices for basic organic chemicals moved up 2.0 percent after
declining 0.5 percent a month earlier. The phosphates index also turned up in March. Prices for
inedible fats and oils, paper, and paint materials increased more than they had in February. By
contrast, the nitrogenates index decreased 2.0 percent compared with a 14.3-percent advance in
the preceding month. Prices for plastic resins and materials, medicinal and botanical chemicals,
and woodpulp also turned down in March. The index for materials for nondurable
manufacturing advanced at a 19.8-percent SAAR for the 3 months ended March 2008 after
climbing at a 21.0-percent SAAR in the previous quarter.
-5-
Prices for intermediate foods and feeds moved up 2.9 percent in March following a 2.3-
percent increase in the prior month. The beef and veal index rose 4.0 percent subsequent to a
0.6-percent gain in February. Prices for shortening and cooking oils and for prepared animal
feeds also advanced more than they had in the previous month. The indexes for natural,
processed, and imitation cheese and for processed young chickens turned up in March. By
contrast, the flour index increased 6.2 percent following a 15.2-percent climb in the preceding
month. Prices for fluid milk products and pork declined more than they had in February. The
index for intermediate foods and feeds increased at a 39.6-percent SAAR in the first quarter of
2008 after rising at a 20.7-percent SAAR in the final quarter of 2007.
Prices for materials and components for construction increased 0.8 percent in March after
moving up 0.7 percent in the prior month. In March, higher prices for nonferrous wire and cable,
fabricated structural metal products, steel mill products, fabricated ferrous wire products, asphalt
felts and coatings, and concrete products more than offset lower prices for plastic construction
products and for plumbing fixtures and brass fittings. The index for materials and components
for construction advanced at a 7.9-percent SAAR in the first quarter of 2008 after edging up at a
0.4-percent SAAR in the prior quarter.
Crude goods
The Producer Price Index for Crude Materials for Further Processing climbed 8.0 percent
in March following a 3.7-percent increase in February. Most of this acceleration can be traced to
the index for crude energy materials, which surged in March after rising at a slower rate a month
earlier. Prices for crude foodstuffs and feedstuffs and for crude nonfood materials less energy
also moved up more than they had in February. (See table B.)
The index for crude energy materials jumped 13.4 percent in March following a 5.6-
percent advance in the preceding month. This faster rate of increase is attributable to prices for
crude petroleum, which surged 17.5 percent after rising 0.6 percent in February. By contrast,
partially offsetting the acceleration in the index for crude energy goods, the coal index fell 0.9
percent in March subsequent to a 1.0-percent gain in the prior month. Natural gas prices moved
up slightly less than they had in February - 11.4 percent compared with 11.5 percent. (See table
2.) During the first quarter of 2008, the index for crude energy materials increased at a 120.7-
percent SAAR after advancing at a 129.9-percent SAAR in the fourth quarter of 2007.
The index for crude foodstuffs and feedstuffs increased 2.0 percent in March following a
0.7-percent rise in the previous month. Corn prices jumped 14.5 percent after declining 1.9
percent in February. The indexes for fresh vegetables (excluding potatoes), slaughter broilers
and fryers, and raw cane sugar and byproducts also turned up in March. Prices for fresh fruits
and melons fell less than they had in February. Conversely, price advances for wheat slowed to
0.6 percent in March following a 19.2-percent surge a month earlier. The indexes for slaughter
cattle, slaughter hogs, and Irish potatoes for processing turned down after increasing in February.
Prices for crude foodstuffs and feedstuffs climbed at a 23.8-percent SAAR for the 3 months
ended in March after rising at a 32.5-percent SAAR for the 3 months ended in December.
The index for crude nonfood materials less energy advanced 3.5 percent in March
compared with a 3.3-percent rise a month earlier. In March, higher prices for nonferrous metal
ores; nonferrous scrap; iron and steel scrap; construction sand, gravel, and crushed stone;
wastepaper; phosphates; raw cotton; and pulpwood outweighed lower prices for softwood logs,
bolts, and timber. During the first quarter of 2008, the index for crude nonfood materials less
energy increased at a 52.6-percent SAAR after moving up at a 10.1-percent SAAR in the fourth
quarter of 2007.
-6-
Net output price indexes
Mining, Utilities, and Manufacturing Industries. The Producer Price Index for the Net Output
of Total Mining, Utilities, and Manufacturing Industries rose 2.3 percent in March following a
0.7-percent increase in February. (Net output price indexes are not seasonally adjusted.) Prices
received by the petroleum and coal products industry group jumped 13.2 percent after increasing
0.6 percent in the prior month. The indexes for oil and gas extraction and for manufacturers of
food, electrical equipment and appliances, and fabricated metal products also rose more than
they had in February. Prices for electric power distribution turned up in March. By contrast,
slightly counteracting the acceleration in the index for total mining, utilities, and manufacturing
industries, prices for the transportation equipment industry group fell 0.3 percent in March
following a 0.4-percent gain a month earlier. The indexes for electric power generation and for
beverage and tobacco manufacturers also turned down in March. Prices received by the
chemical manufacturing industry group rose less than they had in February. For the first 3
months of 2008, the Producer Price Index for the Net Output of Total Mining, Utilities, and
Manufacturing Industries advanced at a 16.4-percent annualized rate compared with a 7.1-
percent annualized rate of increase in the final quarter of 2007. In March, the Producer Price
Index for the Net Output of Total Mining, Utilities, and Manufacturing Industries was 110.3
(December 2006 = 100), 8.2 percent above its year-ago level.
Trade Industries. The Producer Price Index for the Net Output of Total Trade Industries moved
up 0.3 percent after increasing 0.5 percent in February. (Trade indexes measure changes in
margins received by wholesalers and retailers.) The rate of increase in margins received by
department stores slowed to 0.2 percent in March from 3.5 percent in the previous month. The
margin indexes for merchant wholesalers of nondurable goods, grocery stores, automobile
dealers, and fuel dealers turned down after rising in the prior month. Conversely, margins
received by gasoline stations increased 2.7 percent following a 9.8-percent drop a month earlier.
The margin indexes for shoe stores and furniture stores also turned up in March. Margins
received by merchant wholesalers of durable goods rose after no change in February. For the
first quarter of 2008, the Producer Price Index for the Net Output of Total Trade Industries fell at
a 1.9-percent annualized rate after rising at an 8.3-percent annualized rate in the preceding
quarter. In March, the Producer Price Index for the Net Output of Total Trade Industries was
105.4 (December 2006 = 100), 2.6 percent above its year-ago level.
Transportation and Warehousing Industries. The Producer Price Index for the Net Output of
Transportation and Warehousing Industries rose 1.0 percent in March following a 0.3-percent
increase in the previous month. Prices received by the scheduled passenger air transportation
industry advanced 3.3 percent after inching down 0.1 percent a month earlier. The industry
indexes for couriers, local general freight trucking, line-haul railroads, and long distance
specialized freight trucking of new goods also turned up following declines in the preceding
month. By contrast, prices received by the scheduled freight air transportation industry
decreased 0.2 percent after climbing 4.1 percent a month earlier. The industry indexes for
coastal and Great Lakes freight transportation, general warehousing and storage, and used
household and office goods moving also turned down after rising in February. Prices received
by the industry for long distance general freight trucking (less than truckload) advanced less than
they had in the prior month. From December 2007 to March 2008, the Producer Price Index for
the Net Output of Transportation and Warehousing Industries climbed at an 11.4-percent
annualized rate following a 7.1-percent annualized rate of increase in the final quarter of 2007.
In March, the Producer Price Index for the Net Output of Transportation and Warehousing
Industries was 109.2 (December 2006 = 100), 6.7 percent above its year-ago level.
-7-
Traditional Service Industries. The Producer Price Index for the Net Output of Total
Traditional Service Industries decreased 0.6 percent in March after edging down 0.1 percent in
February. Prices received by the commercial banking industry fell 8.2 percent in March
following a 0.8-percent decline a month earlier. The industry indexes for offices of physicians
(excluding mental health) and direct life insurance carriers turned down after increasing in the
previous month. Prices received by management consultants and wired telecommunication
carriers were unchanged in March following advances in February. By contrast, the index for
investment banking and securities dealing increased 5.8 percent in March after falling 1.3
percent in February. The indexes for general medical and surgical hospitals, software publishers,
and lessors of nonresidential buildings (excluding miniwarehouses) also turned up in March.
Prices received by portfolio managers fell less than they had in February. During the first
quarter of 2008, the Producer Price Index for the Net Output of Total Traditional Service
Industries declined at a 0.8-percent annualized rate following a 2.7-percent annualized rate of
decrease from September to December 2007. In March, the Producer Price Index for the Net
Output of Total Traditional Service Industries was 101.3 (December 2006 = 100), 1.2 percent
above its year-ago level.
*****
Producer Price Index data for April 2008 are scheduled to be released on Tuesday, May 20, 2008
at 8:30 a.m. (EDT).
Correction to Table 5 of News Release, "Producer Price Indexes - February 2008"
The March 18, 2008 news release, "Producer Price Indexes - February 2008" contained
an erroneous seasonally adjusted February 2008 index value on Table 5 for Materials for
nondurable manufacturing. The correct value for this index is 201.2, 0.1 index point above what
was shown in the news release.
This error has been corrected in the April 15, 2008 news release, "Producer Price Indexes
- March 2008." BLS regrets any inconvenience this error may have caused data users. Further
information is available from the PPI Section of Index Analysis and Public Information at ppi-
info@bls.gov or (202) 691-7705.
Technical Note
Brief Explanation of Producer Prices Indexes
The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS)
is a family of indexes that measure the average change over time in the
prices received by domestic producers of goods and services. PPIs measure
price change from the perspective of the seller. This contrasts with other
measures, such as the Consumer Price Index (CPI). CPIs measure price
change from the purchaser's perspective. Sellers' and purchasers' prices
can differ due to government subsidies, sales and excise taxes, and
distribution costs.
More than 8,000 PPIs for individual products and groups of products
are released each month. PPIs are available for the products of virtually
every industry in the mining and manufacturing sectors of the U.S. economy.
New PPIs are gradually being introduced for the products of industries in
the construction, trade, finance, and services sectors of the economy.
More than 100,000 price quotations per month are organized into three
sets of PPIs: (1) Stage-of-processing indexes, (2) commodity indexes, and
(3) indexes for the net output of industries and their products. The stage-
of-processing structure organizes products by class of buyer and degree of
fabrication. The commodity structure organizes products by similarity of
end use or material composition. The entire output of various industries
is sampled to derive price indexes for the net output of industries and
their products.
Stage-of-Processing Indexes
Within the stage-of-processing system, finished goods are commodities
that will not undergo further processing and are ready for sale to the
final-demand user, either an individual consumer or business firm.
Consumer foods include unprocessed foods such as eggs and fresh vegetables,
as well as processed foods such as bakery products and meats. Other
finished consumer goods include durable goods such as automobiles,
household furniture, and appliances, as well as nondurable goods such as
apparel and home heating oil. Capital equipment includes durable goods
such as heavy motor trucks, tractors, and machine tools.
The stage-of-processing category for intermediate materials, supplies,
and components consists partly of commodities that have been processed but
require further processing. Examples of such semifinished goods include
flour, cotton yarn, steel mill products, and lumber. The intermediate
goods category also encompasses nondurable, physically complete items
purchased by business firms as inputs for their operations. Examples
include diesel fuel, belts and belting, paper boxes, and fertilizers.
Crude materials for further processing are products entering the
market for the first time that have not been manufactured or fabricated and
that are not sold directly to consumers. Crude foodstuffs and feedstuffs
include items such as grains and livestock. Examples of crude nonfood
materials include raw cotton, crude petroleum, coal, hides and skins, and
iron and steel scrap.
Commodity Indexes
The commodity classification structure of the PPI organizes products
by similarity of end use or material composition, disregarding industry of
origin. Fifteen major commodity groupings (two-digit commodity codes) make
up the All Commodities Index. Each major commodity grouping includes (in
descending order of aggregation) subgroups (three-digit codes), product
classes (four-digit codes), subproduct classes (six-digit codes), and
individual items (eight-digit codes). Nearly all eight-digit commodities
under the traditional commodity coding system are now derived from
corresponding industry-classified product indexes. In such instances,
movements in the traditional commodity price indexes and corresponding
percent changes will be virtually identical to their industry-based
counterparts, even if their index levels differ.
Industry Net-Output Price Indexes
PPIs for the net output of industries and their products are grouped
according to the North American Industry Classification System (NAICS).
Prior to the release of January 2004, industry-based PPIs were published
according to the Standard Industrial Classification (SIC) system. Industry
price indexes are compatible with other economic time series organized by
industry, such as data on employment, wages, and productivity. Table 5 of
the PPI Detailed Report includes data for NAICS industries and industry
groups (3-, 4-, 5-, and 6-digit codes); Census product classes (7- and 8-
digit codes), products (9-digit codes), and more detailed subproducts (11-
digit codes); and, for some industries, indexes for other sources of
revenue.
Indexes may represent one of three kinds of product categories. Every
industry has primary product indexes to show changes in prices received by
establishments classified in the industry for products made primarily, but
not necessarily exclusively, by that industry. The industry classification
of an establishment is determined by which products make up a plurality of
its total shipment value. In addition, most industries have secondary
product indexes that show changes in prices received by establishments
classified in the industry for products chiefly made in some other
industry. Finally, some industries have miscellaneous receipts indexes to
show price changes in other sources of revenue received by establishments
within the industry that are not derived from sales of their products-for
example, resales of purchased materials, or revenues from parking lots
owned by a manufacturing plant.
Data Collection
PPIs are based on selling prices reported by establishments of all
sizes selected by probability sampling, with the probability of selection
proportionate to size. Individual items and transaction terms from these
firms also are chosen by probability proportionate to size. BLS strongly
encourages cooperating companies to supply actual transaction prices at the
time of shipment to minimize the use of list prices. Prices submitted by
survey respondents are effective on the Tuesday of the week containing the
13th day of the month. This survey is conducted primarily through the
mail.
Price data are provided on a voluntary and confidential basis; only
sworn BLS employees are allowed access to individual company price reports.
BLS publishes price indexes instead of actual prices. All PPIs are subject
to revision 4 months after original publication to reflect the availability
of late reports and corrections by respondents.
BLS periodically updates the PPI sample of survey respondents to
better reflect current conditions when the structure, membership,
technology, or product mix of an industry shifts significantly and to
spread reporting burden among smaller firms. Results of these resampling
efforts are incorporated into the PPI with the release of data for January
and July.
As part of an ongoing effort to expand coverage to sectors of the
economy other than mining and manufacturing, an increasing number of
service sector industries have been introduced into the PPI. The following
list of recently introduced industries includes the month and year in which
an article describing the industry's content appeared in the PPI Detailed
Report.
PPI
Detailed
Report
Title Code Issue
SIC
Wireless telecommunications...................................4812 July 1999
Telephone communications, except radio telephone..............4813 July 1995
Television broadcasting.......................................4833 July 2002
Grocery stores................................................5411 July 2000
Meat and fish (seafood) markets...............................5421 July 2000
Fruit and vegetable markets...................................5431 July 2000
Candy, nut, and confectionery stores..........................5441 July 2000
Retail bakeries...............................................5461 July 2000
Miscellaneous food stores.....................................5499 July 2000
New car dealers...............................................5511 July 2000
Gasoline service stations.....................................5541 January 2002
Boat dealers..................................................5551 January 2002
Recreational vehicle dealers..................................5561 January 2002
Miscellaneous retail..........................................59 January 2001
Security brokers, dealers, and investment bankers.............6211 January 2001
Investment advice.............................................6282 January 2003
Life insurance carriers.......................................6311 January 1999
Property and casualty insurance...............................6331 July 1998
Insurance agencies and brokerages.............................6412 January 2003
Operators and lessors of nonresidential buildings.............6512 January 1996
Real estate agents and managers...............................6531 January 1996
Prepackaged software..........................................7372 January 1998
Data processing services......................................7374 January 2002
Home health care services.....................................8082 January 1997
Legal services................................................8111 January 1997
Engineering design, analysis, and consulting services.........8711 January 1997
Architectural design, analysis, and consulting services.......8712 January 1997
Premiums for property and casualty insurance..................9331 July 1998
NAICS
New industrial building construction..........................236211 January 2008
New warehouse building construction...........................236221 July 2005
New school construction.......................................236222 July 2006
New office construction.......................................236223 January 2007
Merchant wholesalers, durable goods...........................423 July 2005
Merchant wholesalers, nondurable goods........................424 July 2005
Wholesale trade agents and brokers............................425120 July 2005
Furniture and home furnishings stores.........................442 January 2004
Electronics and appliance stores..............................443 January 2004
Building material and garden equipment and supplies dealers..444 January 2004
Clothing and clothing accessories stores......................448 January 2004
Sporting goods, hobby, book, and music stores.................451 January 2004
General merchandise stores....................................452 January 2004
Miscellaneous store retailers.................................453 January 2004
Internet service providers....................................518111 July 2005
Web search portals............................................518112 July 2005
Commercial banking............................................522110 January 2005
Savings institutions..........................................522120 January 2005
Direct health and medical insurance carriers..................524114 July 2004
Construction, mining, and forestry machinery and equipment
rental and leasing............................................532412 January 2005
Management consulting services................................541610 January 2007
Security guards and patrol services...........................561612 July 2005
Computer training.............................................611420 July 2007
Blood and organ banks.........................................621991 January 2007
Amusement and theme parks.....................................713110 July 2006
Golf courses and country clubs................................713910 July 2006
Fitness and recreational sports centers.......................713940 July 2005
Commercial machinery repair and maintenance...................811310 July 2007
Weights
Weights for most traditional commodity groupings of the PPI, as well
as weights for commodity-based aggregate indexes calculated using traditional
commodity groupings, such as stage-of-processing indexes, currently reflect
2002 values of shipments as reported in the Census of Manufactures and
other sources. From January 2002 through December 2006, PPI weights were
derived from 1997 shipment values. Industry indexes now are calculated
with 2002 weights and 1997 net output ratios. This periodic update of
the value weights used to calculate the PPI is done to more accurately
reflect changes in production and marketing patterns in the economy. Net
output values of shipments are used as weights for industry indexes. Net
output values refer to the value of shipments from establishments within
the industry to buyers outside the industry. However, weights for
commodity price indexes are based on gross shipment values, including
values of shipments between establishments within the same industry. As a
result, broad commodity grouping indexes, such as the PPI for All
Commodities, are affected by the multiple counting of price change at
successive stages of processing, which can lead to exaggerated or
misleading signals about inflation. Stage-of-processing indexes partially
correct for this defect, but industry indexes consistently correct for this
at all levels of aggregation. Therefore, industry and stage-of-processing
indexes are more appropriate than broad commodity groupings for economic
analysis of general price trends.
Price Index Reference Base
Effective with publication of January 1988 data, many important PPI
series (including stage-of-processing groupings and most commodity groups
and individual items) were placed on a new reference base, 1982 = 100.
From 1971 through 1987, the standard reference base for most PPI series was
1967 = 100. Except for rounding differences, the shift to the new
reference base did not alter any previously published percent changes for
affected PPI series. (See "Calculating Index Changes," below.) The 1982
reference base is not used for commodity indexes with a base later than
December 1981 or for industry net output indexes and their products.
For further information on the underlying concepts and methodology of
the Producer Price Index, see chapter 14, "Producer Prices," in BLS
Handbook of Methods (April 1997), Bulletin 2490. This document can be
downloaded from the BLS Web site at (www.bls.gov/opub/hom/homch14_itc.htm).
Reprints are available on request.
Calculating Index Changes
Each PPI measures price changes from a reference period that equals
100.0. An increase of 5.5 percent from the reference period in the
Finished Goods Price Index, for example, is shown as 105.5. This change
also can be expressed in dollars, as follows: prices received by domestic
producers of a sample of finished goods have risen from $100 in 1982 to
$105.50. Likewise, a current index of 90.0 would indicate that prices
received by producers of finished goods are 10 percent lower than they were
in 1982.
Movements of price indexes from one month to another are usually
expressed as percent changes, rather than as changes in index points.
Index point changes are affected by the level of the index in relation to
its base period, whereas percent changes are not. The following example
shows the computation of index point and percent changes.
Index point change
Finished Goods Price Index 107.5
Less previous index 104.0
Equals index point change 3.5
Index percent change
Index point change 3.5
Divided by the previous index 104.0
Equals 0.034
Result multiplied by 100 0.034 x 100
Equals percent change 3.4
Seasonally Adjusted and Unadjusted Data
Because price data are used for different purposes by different
groups, BLS publishes seasonally adjusted and unadjusted changes each
month. Seasonally adjusted data are preferred for analyzing general price
trends in the economy because these data eliminate the effect of changes
that normally occur at about the same time, and in about the same
magnitude, every year-such as price movements resulting from normal weather
patterns, regular production and marketing cycles, model changeovers,
seasonal discounts, and holidays. For these reasons, seasonally adjusted
data more clearly reveal underlying cyclical trends. Unadjusted data are
of primary interest to users who need information that can be related to
actual dollar values of transactions. Individuals requiring this
information include marketing specialists, purchasing agents, budget and
cost analysts, contract specialists, and commodity traders. It is the
unadjusted data that are generally cited when escalating long-term
contracts such as purchasing agreements or real estate leases. For more
information, see Escalation and Producer Price Indexes: A Guide for
Contracting Parties, BLS Report 807, September 1991, on the Web at
(www.bls.gov/ppi/ppiescalation.htm). Reprints are available on request.
In 1998, the PPI implemented the X-12-ARIMA Seasonal Adjustment
Method; prior to that year, the PPI employed the X-11 method. Each year,
the seasonal status of most commodity indexes is reevaluated to reflect
more recent price behavior. Industry net output indexes are not seasonally
adjusted. For time series that exhibit seasonal pricing patterns, new
seasonal factors are estimated and applied to the unadjusted data for the
previous 5 years. These updated seasonally adjusted indexes replace the
most recent 5 years of seasonal data.
Seasonal factors may be applied to series using either a direct or an
aggregative method. Generally, commodity indexes are seasonally adjusted
using direct seasonal adjustment, which produces a more complete
elimination of seasonal movements than does the aggregative method.
However, the direct seasonal adjustment process may not yield figures that
possess additive consistency. Thus, a seasonally adjusted index for a
broad category that is directly adjusted may not be logically consistent
with all seasonally adjusted indexes for its components. Seasonal
movements for stage-of-processing indexes are derived indirectly through an
aggregative method that combines movements of a wide variety of subproduct
class (six-digit) series.
Seasonally adjusted indexes can become problematic when previously
stable and predictable price patterns abruptly change. If the new pattern
persists, the seasonal adjustment method will eventually reflect it
adequately; if the pattern keeps shifting, however, seasonally adjusted
data will become chronically troublesome. This problem occurs relatively
infrequently for farm and food-related products, but has more often
affected manufactured products such as automobiles and steel.
Since January 1988, the PPI has used Intervention Analysis Seasonal
Adjustment methods to enhance the calculation of seasonal factors. With
this technique, outlier values that may distort the seasonal pattern are
removed from the data prior to applying the standard seasonal factor
estimation procedure. For example, a possible economic cause for large
price movements for petroleum-based products might have been the Persian
Gulf War. In this case, intervention techniques allowed for better
estimates of seasonally adjusted data. On the whole, very few series have
required intervention. Out of nearly 900 seasonally adjusted series, only
16 were subject to intervention in 1997.
For more information relating to seasonal adjustment methods, see (1)
"Appendix A: Seasonal Adjustment Methodology at BLS," in the BLS Handbook
of Methods (April 1997), Bulletin 2490 and (2) "Summary of Changes to the
PPI's Seasonal Adjustment Methodology" in the January 1995 issue of
Producer Price Indexes.
Producer Price Index Data on the Internet
In 1995, the BLS began posting PPI series, news releases, and
technical information to both a World Wide Web (WWW) site and a file
transfer protocol (FTP) site. During the years following the introduction
of PPI Internet services, use of these sites eclipsed more traditional
methods of data dissemination, such as subscriptions to the PPI Detailed
Report. There were more than 1.6 million instances of PPI series being
downloaded from the Internet during the 12 months ended December 31, 2003.
Retrieving PPI data from the PPI Web site
PPI data can be obtained from the WWW address (www.bls.gov/ppi).
Scrolling down the page to the "Get Detailed PPI Statistics" header reveals
the following methods of data retrieval:
Most Requested Series is a form-based application that allows the user
to quickly obtain PPI time series data by selecting from two separate lists
(commodity and industry) of the most commonly requested time series,
including the All Commodities Index and the stage-of-processing indexes
(for example, Finished Goods). Within each list, any one-or all-of the
time series shown can be selected. A user can modify the date range and
output options after executing the query, using the reformat button above
the data output table.
Create Customized Tables is a form-based query application designed
for users unfamiliar with the PPI coding structure. The application guides
a user through the PPI classification system by listing index titles and
does not require knowledge of commodity or industry codes. Data retrieved
are based on a query formulated by selecting data characteristics from
lists provided. Two options are available to create customized tables,
depending on a user's browser capability. The one-screen option is a
JavaScript application that uses a single screen to guide a user through
the available time series data. The second option is a multiple-screen,
non-Java-based application. Both methods allow a user to browse the PPI
coding structure and select multiple series codes. Using the one-screen
option, users can modify the date range and output options after executing
the query using the reformat button above the data output table.
Series Report is a form-based application that uses formatted PPI time
series identifiers (commodity or industry codes) as input in extracting
data according to a specified set of date ranges and output options. This
application provides the most efficient path for users who are familiar
with the format of PPI time series identifiers. Up to 300 indexes can be
extracted at a time.
There are five alphabetic prefixes used to create unique PPI time
series identifiers: WP, WD, PC, PD, and ND. Each provides the user access
to a different PPI database. Adding either a "u" (not seasonally adjusted)
or an "s" (seasonally adjusted) to the end of these prefixes further
specifies the type of data needed.
For commodity and stage-of-processing indexes, series identifiers
combine a "wpu" prefix (not seasonally adjusted) or a "wps" prefix
(seasonally adjusted) with a commodity code.
Commodity code Provides data for:
wps141101 Passenger cars, seasonally adjusted
wpu141101 Passenger cars, not seasonally adjusted
wpusop3000 Finished goods, not seasonally adjusted
For discontinued commodity indexes, series identifiers combine a "wdu"
prefix (not seasonally adjusted) or a "wds" prefix (seasonally adjusted)
with a commodity code.
Commodity code Provides data for:
wds019 Other farm products, seasonally adjusted
wdu0635 Preparations, ethical (prescription), not seasonally
adjusted
wdusi138011 Stainless steel mill products, not seasonally adjusted
Current price indexes for products grouped by industry according to
NAICS have series identifiers that begin with the prefix "pcu." After the
prefix, there are 12 digits (the 6-digit industry code is listed twice)
followed by up to 7 alphanumeric characters identifying product detail.
Dashes are used as placeholders for higher-level industry group codes.
Industry-product code,
current NAICS series Provides data for:
pcu325---325--- Chemical manufacturing, not seasonally
adjusted
pcu336110336110 Automobile and light duty motor vehicle
manufacturing
pcu621111621111411 Offices of physicians, one- and two-physician practices and
single-specialty group practices, general/family practice
pcu325412325412A Pharmaceutical preparation manufacturing, pharmaceuticals
acting on the respiratory system
Discontinued industry-product codes based on SIC combine a "pdu"
prefix and "#" between the fourth and fifth characters of the product code.
Series identifiers for the discontinued dataset use underscores as
placeholders to complete a reference to an SIC industry group code of fewer
than four digits. (All PPI industry-based indexes organized by SIC were
discontinued with the introduction of NAICS.)
Industry-product code,
discontinued SIC series Provides data for:
pdu28__# Chemicals and allied products, not seasonally adjusted
pdu331_# Blast furnaces, steel works, and rolling and
finishing mills, not seasonally adjusted
pdu3711#111 Passenger cars
Price indexes for discontinued series grouped by industry according to
NAICS have series identifiers that begin with the prefix "ndu." After the
prefix, there are 12 numeric digits (the 6-digit industry code is listed
twice), and up to 7 additional alphanumeric characters that identify
product detail. Dashes are used as placeholders for higher-level industry
group codes.
Industry-product code,
discontinued NAICS series Provides data for:
ndu212231212231 Lead ore and zinc ore mining
ndu2122312122312 Lead and zinc concentrates
ndu212231212231214 Lead concentrates
Flat Files and the FTP server are best suited for users requiring
access to either a large volume of time series data or other PPI-related
documentation (such as seasonal factor and relative importance tables).
The FTP site can be accessed at ftp://ftp.bls.gov or directly from the
links on the "Get Detailed Statistics" page or the PPI homepage. Data and
documentation available for download include the following:
Directory:
NAICS series, current /pub/time.series/pc
NAICS series, discontinued /pub/time.series/nd
SIC series, discontinued /pub/time.series/pd
Commodity series, current /pub/time.series/wp
Commodity series, discontinued /pub/time.series/wd
Special requests /pub/special.requests/ppi
Latest news release /pub/news.release/ppi.txt
The FTP site maintains files to help with searches and downloads.
These files are centrally located in the /pub/doc directory. Within this
directory, the overview.txt file contains an overview relating to all BLS
data available through the FTP site. For current commodity-based PPI data,
the program help file is wp.txt; for discontinued commodity series, wd.txt;
for current industry-based PPI data based on NAICS, pc.txt; for industry-
based SIC time series that have been discontinued, pd.txt; and for industry-
based NAICS series that have been discontinued, nd.txt.
Users who prefer downloading PPI datasets as individual ZIP files
should go to the directory labeled /pub/time.series/compressed/tape.format/
on the FTP site. This directory includes six PPI-specific ZIP files, one
for each of the PPI databases-WP, WD, PC, ND, and PD-and a ZIP file for the
annual 5-year revision to historical seasonal PPIs.
Other Sources of PPI Data
PPI data can also be accessed via the BLS homepage (www.bls.gov).
Clicking on the "Get Detailed Statistics" link at the top of the homepage
calls up a chart listing all available BLS programs. The following methods
are available for retrieving PPI data: Most requested statistics, create
customized tables (one screen or multiple screens), and flat files.
Additional sources of BLS data also are accessible from this page,
including economic news releases, series report, and economy at a glance.
Additional information
The PPI homepage (www.bls.gov/ppi) contains additional information
regarding PPI data and methodology. The top section of the homepage
provides PPI news releases, both current and archived, as well as general
PPI information. The "Tables Created by BLS" section found beneath the
statistics section provides relative importance and seasonal factor tables.
The remaining sections offer special notices and publications pertaining to
PPI methodology and applications.
For questions or comments regarding PPI data classification,
methodology, or data availability on the Internet, call or e-mail the
Section of Index Analysis and Public Information at (202) 691-7705 or ppi-
info@bls.gov.
Table 1. Producer price indexes and percent changes by stage of processing
(1982=100)
_______________________________________________________________________________________________________________________________
| | |Unadjusted |
| | | percent |Seasonally adjusted
| Relative | Unadjusted index |change to |percent change from:
Grouping |importance| |Mar. 2008 from:|
| |_______________________|_______________|__________________________
| Dec. | | | | | | | |
| |Nov. |Feb. |Mar. | Mar. | Feb. |Dec. to|Jan. to |Feb. to
| 2007 1/|2007 2/|2008 2/|2008 2/| 2007 | 2008 | Jan. | Feb. | Mar.
_________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|________
|
Finished goods...................................| 100.000 171.4 172.2 175.4 6.9 1.9 1.0 0.3 1.1
Finished consumer goods........................| 78.317 179.4 180.2 184.4 8.3 2.3 1.1 .3 1.3
Finished consumer foods......................| 21.252 169.5 173.8 175.9 5.8 1.2 1.7 -.5 1.2
Crude......................................| 2.239 178.0 177.1 191.7 2.3 8.2 3.1 -9.4 8.9
Processed..................................| 19.013 168.8 173.5 174.4 6.2 .5 1.6 .5 .5
Finished consumer goods, excluding foods.....| 57.064 182.9 182.4 187.3 9.4 2.7 .9 .7 1.3
Nondurable goods less foods................| 42.941 201.5 200.7 207.9 12.3 3.6 1.0 .7 1.7
Durable goods..............................| 14.124 140.2 140.4 140.4 1.6 0 .4 .5 .1
Capital equipment..............................| 21.683 151.0 152.0 152.1 2.0 .1 .4 .5 .1
Manufacturing industries.....................| 5.506 153.5 155.2 155.6 2.3 .3 .7 .4 .3
Nonmanufacturing industries..................| 16.178 150.1 150.7 150.8 1.9 .1 .4 .5 .1
|
Intermediate materials, supplies, and components.| 100.000 176.2 178.8 184.1 10.5 3.0 1.4 .8 2.3
Materials and components for manufacturing.....| 41.976 166.1 169.8 172.5 8.7 1.6 1.2 .8 1.6
Materials for food manufacturing.............| 2.923 166.6 177.2 180.3 15.9 1.7 2.2 1.5 1.6
Materials for nondurable manufacturing.......| 15.236 195.1 201.3 204.3 15.9 1.5 2.2 .9 1.5
Materials for durable manufacturing..........| 8.634 188.6 192.2 199.6 7.1 3.9 .6 1.6 3.8
Components for manufacturing.................| 15.184 136.7 137.7 138.1 1.7 .3 .2 .3 .4
Materials and components for construction......| 13.391 193.2 195.5 197.2 3.1 .9 .4 .7 .8
Processed fuels and lubricants.................| 22.234 189.7 188.4 205.7 25.0 9.2 2.7 .7 6.0
Manufacturing industries ....................| 6.009 185.2 183.5 198.6 21.8 8.2 1.7 .4 5.9
Nonmanufacturing industries..................| 16.225 192.0 191.0 209.1 26.2 9.5 3.0 .9 6.0
Containers.....................................| 2.933 183.2 185.6 185.9 4.4 .2 .4 .7 .1
Supplies.......................................| 19.466 163.9 168.0 169.5 5.7 .9 1.2 .8 .9
Manufacturing industries.....................| 3.918 164.3 167.0 167.6 3.6 .4 .7 .5 .3
Nonmanufacturing industries..................| 15.549 162.5 166.8 168.5 6.2 1.0 1.2 1.0 1.0
Feeds......................................| 1.085 150.3 170.0 180.3 32.9 6.1 6.0 4.4 6.1
Other supplies.............................| 14.464 164.8 168.0 169.1 4.4 .7 .8 .7 .6
|
Crude materials for further processing...........| 100.000 225.6 245.5 265.6 31.4 8.2 2.5 3.7 8.0
Foodstuffs and feedstuffs......................| 32.604 152.9 164.5 168.0 18.3 2.1 2.7 .7 2.0
Nonfood materials..............................| 67.396 274.1 300.0 333.1 37.9 11.0 2.4 5.0 10.9
Nonfood materials except fuel 3/.............| 40.991 280.1 294.2 328.1 50.5 11.5 3.3 1.7 11.4
Manufacturing 3/...........................| 40.547 260.6 273.8 305.7 51.3 11.7 3.3 1.7 11.5
Construction...............................| 0.444 197.1 198.8 199.4 -2.7 .3 .1 .3 .4
Crude fuel 4/................................| 26.405 243.2 283.7 312.9 22.3 10.3 .9 10.4 10.2
Manufacturing industries...................| 2.350 230.9 268.8 295.9 22.0 10.1 1.0 10.2 10.0
Nonmanufacturing industries................| 24.055 248.8 290.2 320.2 22.4 10.3 1.0 10.4 10.2
|
Special groupings |
|
Finished goods, excluding foods..................|5/ 78.748 171.6 171.5 174.9 7.2 2.0 .8 .6 1.0
Intermediate materials less foods and feeds......|6/ 95.992 177.0 179.1 184.4 10.1 3.0 1.3 .7 2.3
Intermediate foods and feeds.....................|6/ 4.008 161.4 174.7 179.8 20.0 2.9 3.3 2.3 2.9
Crude materials less agricultural products 3/ 7/.|8/ 66.711 281.5 308.0 342.2 38.0 11.1 2.3 5.1 11.0
|
Finished energy goods............................|5/ 21.748 170.4 166.3 177.5 20.4 6.7 1.5 .8 2.9
Finished goods less energy.......................|5/ 78.252 164.9 167.1 167.9 3.6 .5 .8 .3 .5
Finished consumer goods less energy..............|5/ 56.569 171.0 173.8 174.8 4.2 .6 .9 .2 .6
|
Finished goods less foods and energy.............|5/ 57.000 163.6 165.1 165.4 2.7 .2 .4 .5 .2
Finished consumer goods less foods and energy....|5/ 35.316 172.2 174.1 174.4 3.2 .2 .4 .6 .3
Consumer nondurable goods less foods and energy..|5/ 21.193 199.3 202.7 203.5 4.4 .4 .4 .7 .4
|
Intermediate energy goods........................|6/ 23.140 191.1 190.9 208.1 26.9 9.0 2.8 1.1 5.9
Intermediate materials less energy...............|6/ 76.860 170.2 173.4 175.5 6.2 1.2 .9 .8 1.2
Intermediate materials less foods and energy.....|6/ 72.852 170.8 173.5 175.3 5.5 1.0 .8 .6 1.1
|
Crude energy materials 3/........................|8/ 50.963 267.1 291.5 330.5 47.1 13.4 1.8 5.6 13.4
Crude materials less energy......................|8/ 48.942 189.2 205.3 210.7 17.5 2.6 3.1 1.6 2.5
Crude nonfood materials less energy 4/...........|8/ 16.433 289.9 320.2 332.2 16.8 3.7 4.0 3.3 3.5
|
_______________________________________________________________________________________________________________________________
1/ Comprehensive relative importance figures are initially computed 5/ Percent of total finished goods.
after the publication of December indexes and are recalculated 6/ Percent of total intermediate materials.
after final December indexes are available. 7/ Formerly titled "Crude materials for
2/ The indexes for November 2007 have been recalculated to incorporate further processing, excluding crude
late reports and corrections by respondents. All indexes foodstuffs and feedstuffs, plant and
are subject to revision 4 months after original publication. animal fibers, oilseeds, and leaf tobacco."
3/ Includes crude petroleum. 8/ Percent of total crude materials.
4/ Excludes crude petroleum.
Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing
(1982=100 unless otherwise indicated)
____________________________________________________________________________________________________________________________________
| | |Unadjusted |
| | | percent |Seasonally adjusted
| | Unadjusted index |change to |percent change from:
Commodity | | |Mar. 2008 from:|
code | Grouping |_______________________|_______________|________________________
| | | | | | | | |
| |Nov. |Feb. |Mar. | Mar. | Feb. |Dec. to|Jan. to|Feb. to
| |2007 1/|2008 1/|2008 1/| 2007 | 2008 | Jan. | Feb. | Mar.
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________
| |
|FINISHED GOODS.........................................| 171.4 172.2 175.4 6.9 1.9 1.0 0.3 1.1
| FINISHED CONSUMER GOODS...............................| 179.4 180.2 184.4 8.3 2.3 1.1 .3 1.3
| FINISHED CONSUMER FOODS..............................| 169.5 173.8 175.9 5.8 1.2 1.7 -.5 1.2
| |
01-11 | Fresh fruits and melons 2/..........................| 122.3 128.0 127.3 0 -.5 2.4 -10.4 -.5
01-13 | Fresh and dry vegetables 2/.........................| 169.0 159.9 184.5 -5.0 15.4 -1.0 -15.7 15.4
01-71-07 | Eggs for fresh use (Dec. 1991=100)..................| 177.0 187.1 193.8 56.3 3.6 6.9 1.6 -.9
02-11 | Bakery products 2/..................................| 221.7 230.0 231.3 7.8 .6 2.7 .9 .6
02-13 | Milled rice 2/......................................| 164.5 189.2 205.6 34.8 8.7 4.4 7.9 8.7
02-14-02 | Pasta products (June 1985=100) 2/...................| 142.4 175.2 175.6 30.8 .2 16.2 3.7 .2
02-21-01 | Beef and veal 2/....................................| 136.0 145.8 151.7 -.3 4.0 3.6 .6 4.0
02-21-04 | Pork................................................| 126.0 123.8 119.4 -10.5 -3.6 .9 -1.9 -4.7
02-22-03 | Processed young chickens............................| 133.8 138.7 141.0 .6 1.7 1.1 -1.1 1.1
02-22-06 | Processed turkeys...................................| 116.2 110.4 115.7 11.6 4.8 1.0 2.2 4.5
02-23 | Finfish and shellfish...............................| 241.9 254.1 261.8 2.1 3.0 1.1 2.9 3.0
02-3 | Dairy products 2/...................................| 188.2 184.6 181.2 13.5 -1.8 -.6 -1.5 -1.8
02-4 | Processed fruits and vegetables.....................| 159.2 162.0 162.8 4.1 .5 1.1 .1 .5
02-55 | Confectionery end products 2/.......................| 208.3 210.4 210.9 2.7 .2 1.0 -.3 .2
02-62 | Soft drinks 2/......................................| 168.9 172.9 171.6 4.4 -.8 1.7 .5 -.8
02-63-01 | Roasted coffee 2/...................................| 168.7 176.2 185.2 13.8 5.1 0 4.4 5.1
02-78 | Shortening and cooking oils 2/......................| 232.4 270.9 289.0 46.4 6.7 3.8 2.4 6.7
| |
| FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 182.9 182.4 187.3 9.4 2.7 .9 .7 1.3
| |
02-61 | Alcoholic beverages.................................| 161.7 164.6 164.9 4.6 .2 .2 1.4 .3
03-81-06 | Women's, girls', & infants' apparel (12/03=100) 2/..| 101.1 101.2 101.1 -.2 -.1 -.1 .2 -.1
03-81-07 | Men's and boys' apparel (Dec. 2003=100) 2/..........| 98.7 99.0 99.1 .6 .1 0 .1 .1
03-82 | Textile housefurnishings 2/.........................| 126.1 126.3 126.4 1.4 .1 -.2 .1 .1
04-3 | Footwear 2/.........................................| 151.6 155.4 155.5 3.1 .1 .5 1.6 .1
05-41 | Residential electric power (Dec. 1990=100)..........| 138.1 140.0 140.6 4.1 .4 -1.2 -.4 1.1
05-51 | Residential gas (Dec. 1990=100).....................| 225.4 229.9 235.7 4.0 2.5 .7 5.7 4.2
05-71 | Gasoline............................................| 258.4 243.7 272.6 36.4 11.9 2.9 2.9 1.3
05-73-02-01| Home heating oil and distillates....................| 273.8 261.5 315.0 52.0 20.5 8.5 -3.7 13.1
06-38 | Pharmaceutical preparations (June 2001=100) 2/......| 131.2 135.4 135.9 6.3 .4 1.5 1.3 .4
06-71 | Soaps and synthetic detergents 2/...................| 146.3 147.8 150.7 4.4 2.0 .8 .1 2.0
06-75 | Cosmetics and other toilet preparations 2/..........| 147.9 147.0 146.9 -.2 -.1 -1.7 -.1 -.1
07-12 | Tires, tubes, tread, etc 2/.........................| 120.6 122.9 125.1 6.6 1.8 .8 .7 1.8
09-15-01 | Sanitary paper products 2/..........................| 163.3 166.9 167.0 4.0 .1 -.4 2.5 .1
09-31-01 | Newspaper circulation...............................| 247.0 246.4 247.2 1.4 .3 -.2 -.5 .7
09-32-04 | Periodical circulation (June 2007=100) 2/...........| 99.6 101.6 101.5 (3) -.1 .8 .7 -.1
09-33 | Book publishing 2/..................................| 289.2 295.2 296.6 5.5 .5 1.7 .7 .5
12-1 | Household furniture 2/..............................| 175.6 176.4 177.0 1.8 .3 .4 .2 .3
12-3 | Floor coverings 2/..................................| 157.9 157.5 159.2 2.9 1.1 -1.3 .6 1.1
12-4 | Household appliances 2/.............................| 105.2 105.8 105.9 .4 .1 .4 .4 .1
12-5 | Home electronic equipment 2/........................| 56.7 56.7 56.8 -4.2 .2 0 0 .2
12-62 | Household glassware 2/..............................| 176.6 184.0 185.1 4.9 .6 .9 .8 .6
12-64 | Household flatware 2/...............................| 187.1 204.6 (3) (3) (3) (3) 9.4 (3)
12-66 | Lawn and garden equip., ex. tractors 2/.............| 139.4 139.8 140.0 2.6 .1 .1 2.3 .1
14-11-01 | Passenger cars......................................| 129.0 128.3 127.7 .6 -.5 .3 .8 -.2
15-11 | Toys, games, and children's vehicles 2/.............| 131.4 131.6 131.5 .5 -.1 .2 0 -.1
15-12 | Sporting and athletic goods 2/......................| 130.1 131.9 132.1 1.9 .2 .2 1.1 .2
15-2 | Tobacco products 2/.................................| 497.7 500.3 500.1 2.7 0 -.1 .1 0
15-5 | Mobile homes 2/.....................................| 211.2 213.4 213.3 1.5 0 0 .2 0
15-94-02 | Jewelry, platinum, & karat gold 2/..................| 157.6 167.4 168.9 12.5 .9 3.9 .5 .9
15-94-04 | Costume jewelry and novelties 2/....................| 157.0 157.0 160.5 2.5 2.2 0 0 2.2
| |
| CAPITAL EQUIPMENT.....................................| 151.0 152.0 152.1 2.0 .1 .4 .5 .1
| |
11-1 | Agricultural machinery and equipment 2/.............| 188.5 189.2 189.0 3.1 -.1 2.0 .1 -.1
11-2 | Construction machinery and equipment................| 180.6 182.3 183.0 2.3 .4 -.3 .5 .3
11-37 | Metal cutting machine tools 2/......................| 167.1 167.9 167.8 1.7 -.1 1.0 -.1 -.1
11-38 | Metal forming machine tools 2/......................| 184.6 187.7 187.7 1.5 0 0 1.7 0
11-39 | Tools, dies, jigs, fixtures, and ind. molds 2/......| 144.1 144.2 144.2 -.1 0 0 0 0
11-41 | Pumps, compressors, and equipment 2/................| 197.4 202.2 203.0 5.2 .4 1.4 .9 .4
11-44 | Industrial material handling equipment 2/...........| 163.7 166.9 167.3 4.2 .2 1.2 1.0 .2
11-51 | Electronic computers (Dec. 2004=100) 2/.............| 46.4 43.8 42.4 -24.7 -3.2 -3.5 -1.1 -3.2
11-62 | Textile machinery 2/................................| 162.7 163.2 163.5 1.0 .2 .2 -.1 .2
11-64 | Paper industries machinery (June 1982=100) 2/.......| 184.4 185.2 186.0 2.0 .4 -.7 -1.2 .4
11-65 | Printing trades machinery 2/........................| 150.8 151.5 151.7 1.3 .1 .8 -.3 .1
11-74 | Transformers and power regulators 2/................| 198.2 205.5 213.1 10.5 3.7 3.6 -.2 3.7
11-76 | Communication & related equip. (Dec. 1985=100) 2/...| 103.3 104.5 104.9 1.6 .4 .4 .8 .4
11-79-05 | X-ray and electromedical equipment 2/...............| 91.9 91.5 91.5 -1.6 0 -.2 -.1 0
11-91 | Oil field and gas field machinery ..................| 186.1 191.3 198.8 9.0 3.9 .3 1.7 3.7
11-92 | Mining machinery and equipment 2/...................| 192.9 197.4 198.2 4.8 .4 1.1 .9 .4
11-93 | Office and store machines and equipment 2/..........| 115.6 117.5 117.4 3.7 -.1 .6 .6 -.1
12-2 | Commercial furniture 2/.............................| 182.9 184.4 183.2 1.2 -.7 .5 .1 -.7
14-11-05 | Light motor trucks..................................| 149.9 147.7 146.9 .3 -.5 .3 .8 -.3
14-11-06 | Heavy motor trucks 2/...............................| 178.5 179.4 179.5 3.4 .1 .4 0 .1
14-14 | Truck trailers 2/...................................| 170.9 171.8 173.6 3.4 1.0 .4 .1 1.0
14-21-02 | Civilian aircraft (Dec. 1985=100)...................| 223.1 224.6 224.6 3.4 0 .1 .6 .1
14-31 | Ships (Dec. 1985=100) 2/............................| 195.4 198.9 198.8 4.6 -.1 -.1 1.8 -.1
14-4 | Railroad equipment 2/...............................| 177.7 178.1 176.1 0 -1.1 -.1 .2 -1.1
| |
|INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 176.2 178.8 184.1 10.5 3.0 1.4 .8 2.3
| |
| INTERMEDIATE FOODS AND FEEDS..........................| 161.4 174.7 179.8 20.0 2.9 3.3 2.3 2.9
| |
02-12-03 | Flour 2/............................................| 212.1 285.8 303.6 100.0 6.2 3.3 15.2 6.2
02-53 | Refined sugar and byproducts 2/.....................| 128.6 126.0 125.9 -8.2 -.1 -2.6 1.2 -.1
02-54 | Confectionery materials.............................| 153.4 172.6 173.7 14.2 .6 7.6 .4 .8
02-64-01-11| Soft drink beverage bases (Dec. 1985=100) 2/........| 198.6 205.4 207.4 7.6 1.0 3.1 .2 1.0
02-9 | Prepared animal feeds 2/............................| 152.7 169.9 178.3 27.1 4.9 4.8 4.2 4.9
| |
| INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 177.0 179.1 184.4 10.1 3.0 1.3 .7 2.3
| |
03-1 | Synthetic fibers 2/.................................| 115.0 114.5 114.2 .4 -.3 -.9 .2 -.3
03-2 | Processed yarns and threads 2/......................| 118.4 121.6 121.7 5.4 .1 1.3 .8 .1
03-3 | Gray fabrics 2/.....................................| 121.3 122.7 122.1 2.2 -.5 .7 .2 -.5
03-4 | Finished fabrics 2/.................................| 129.0 131.0 130.1 1.3 -.7 .9 .4 -.7
03-83-03 | Industrial textile products 2/......................| 139.6 141.7 142.7 3.0 .7 1.0 .5 .7
04-2 | Leather 2/..........................................| 234.2 236.2 236.8 3.0 .3 .1 1.3 .3
05-32 | Liquefied petroleum gas 2/..........................| 407.7 371.4 386.9 43.5 4.2 3.2 -9.7 4.2
____________________________________________________________________________________________________________________________________
See footnotes at end of table.
Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing - Continued
(1982=100 unless otherwise indicated)
____________________________________________________________________________________________________________________________________
| | |Unadjusted |
| | | percent |Seasonally adjusted
| | Unadjusted index |change to |percent change from:
Commodity | | |Mar. 2008 from:|
code | Grouping |_______________________|_______________|________________________
| | | | | | | | |
| |Nov. |Feb. |Mar. | Mar. | Feb. |Dec. to|Jan. to|Feb. to
| |2007 1/|2008 1/|2008 1/| 2007 | 2008 | Jan. | Feb. | Mar.
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________
| |
| INTERMEDIATE MATERIALS LESS FOODS AND FEEDS |
| -Continued..........................................|
05-42 | Commercial electric power...........................| 162.6 164.0 164.8 3.6 0.5 -0.3 -0.1 0.9
05-43 | Industrial electric power...........................| 180.3 180.1 183.9 6.9 2.1 -.7 -.5 2.6
05-52 | Commercial natural gas (Dec. 1990=100)..............| 237.9 242.5 250.9 4.6 3.5 -1.9 6.6 5.0
05-53 | Industrial natural gas (Dec. 1990=100)..............| 241.8 253.4 264.0 4.9 4.2 4.2 7.3 6.4
05-54 | Natural gas to electric utilities (Dec. 1990=100)...| 181.7 191.9 198.8 2.4 3.6 -1.0 8.6 6.8
05-72-03 | Jet fuels...........................................| 246.2 257.9 292.1 51.3 13.3 9.3 -2.4 10.2
05-73-03 | No. 2 Diesel fuel...................................| 296.7 286.7 355.4 61.4 24.0 5.9 .9 15.3
05-74 | Residual fuels 2/...................................| 194.5 205.2 242.4 53.2 18.1 3.0 -.8 18.1
06-1 | Industrial chemicals 2/.............................| 248.2 249.9 254.7 18.3 1.9 2.4 -.2 1.9
06-21 | Prepared paint......................................| 210.4 216.7 215.3 3.2 -.6 .9 1.7 -1.5
06-22 | Paint materials 2/..................................| 220.4 216.6 223.8 9.0 3.3 -.8 .3 3.3
06-31 | Medicinal and botanical chemicals 2/................| 141.1 141.5 141.1 .2 -.3 -2.5 2.5 -.3
06-4 | Fats and oils, inedible 2/..........................| 220.3 274.8 311.3 92.9 13.3 6.4 7.1 13.3
06-51 | Mixed fertilizers...................................| 165.5 189.5 198.7 27.1 4.9 4.1 4.1 4.6
06-52-01 | Nitrogenates........................................| 242.0 299.8 295.7 30.1 -1.4 2.9 14.3 -2.0
06-52-02 | Phosphates 2/.......................................| 192.1 247.1 279.1 53.9 13.0 18.0 -11.0 13.0
06-53 | Other agricultural chemicals 2/.....................| 159.6 163.1 160.9 2.4 -1.3 1.0 .7 -1.3
06-6 | Plastic resins and materials 2/.....................| 205.9 212.1 211.0 12.8 -.5 1.6 .3 -.5
07-11-02 | Synthetic rubber 2/.................................| 170.9 179.4 179.2 7.0 -.1 3.4 1.3 -.1
07-21 | Plastic construction products 2/....................| 179.6 181.5 180.6 1.2 -.5 .4 .2 -.5
07-22 | Unsupported plastic film, sheet, & other shapes 2/..| 180.4 185.3 184.5 7.1 -.4 2.0 -.2 -.4
07-26 | Plastic parts and components for manufacturing 2/...| 129.9 131.0 131.0 .5 0 -.3 .8 0
08-11 | Softwood lumber 2/..................................| 159.0 152.2 151.7 -13.2 -.3 -3.0 -.7 -.3
08-12 | Hardwood lumber 2/..................................| 190.3 188.3 188.6 -2.3 .2 -.7 .5 .2
08-2 | Millwork............................................| 201.5 202.6 203.2 .9 .3 .3 .2 .2
08-3 | Plywood 2/..........................................| 177.5 173.6 174.0 2.2 .2 -1.4 -.6 .2
09-11 | Woodpulp 2/.........................................| 166.0 176.3 170.3 8.3 -3.4 2.8 2.6 -3.4
09-13 | Paper 2/............................................| 172.8 176.0 178.6 5.9 1.5 1.3 .8 1.5
09-14 | Paperboard 2/.......................................| 209.2 209.5 209.7 5.8 .1 0 0 .1
09-15-03 | Paper boxes and containers 2/.......................| 201.2 202.6 202.4 3.3 -.1 .3 .1 -.1
09-2 | Building paper and board 2/.........................| 155.8 151.9 155.4 1.4 2.3 -.3 0 2.3
09-37 | Commercial printing (June 1982=100) 2/..............| 166.3 167.9 167.8 1.2 -.1 .5 .4 -.1
10-15 | Foundry and forge shop products 2/..................| 171.9 177.1 178.0 5.1 .5 .8 2.3 .5
10-17 | Steel mill products 2/..............................| 179.0 186.4 196.6 8.2 5.5 1.3 1.8 5.5
10-22 | Primary nonferrous metals 2/........................| 265.9 279.3 309.1 19.7 10.7 1.1 6.9 10.7
10-25-01 | Aluminum mill shapes 2/.............................| 182.9 182.4 189.7 -.9 4.0 -.6 .4 4.0
10-25-02 | Copper and brass mill shapes 2/.....................| 402.9 417.7 446.5 22.0 6.9 2.1 5.8 6.9
10-26 | Nonferrous wire and cable 2/........................| 245.9 249.4 269.1 22.7 7.9 3.8 2.3 7.9
10-3 | Metal containers 2/.................................| 134.5 137.5 138.1 5.0 .4 .7 1.9 .4
10-4 | Hardware 2/.........................................| 180.5 183.1 183.6 2.9 .3 .7 1.1 .3
10-5 | Plumbing fixtures and brass fittings................| 220.2 225.8 222.4 .9 -1.5 .2 1.5 -1.4
10-6 | Heating equipment...................................| 198.0 199.7 200.5 3.2 .4 .7 -.7 .8
10-7 | Fabricated structural metal products 2/.............| 189.1 192.1 194.0 3.7 1.0 .2 .8 1.0
10-88 | Fabricated ferrous wire products (June 1982=100) 2/.| 168.7 172.2 182.0 10.6 5.7 1.2 .5 5.7
10-89 | Other misc. metal products 2/.......................| 145.8 146.3 147.1 3.2 .5 0 .3 .5
11-45 | Mechanical power transmission equipment.............| 209.1 209.4 209.5 3.0 0 0 .1 0
11-48 | Air conditioning and refrigeration equipment........| 158.7 160.1 160.4 2.7 .2 .9 -.5 .2
11-49-02 | Metal valves, ex.fluid power (Dec. 1982=100) 2/.....| 230.7 234.7 233.7 5.5 -.4 .2 1.5 -.4
11-49-05 | Ball and roller bearings 2/.........................| 203.6 204.7 205.0 3.7 .1 .2 -.5 .1
11-71 | Wiring devices 2/...................................| 197.6 200.2 200.8 5.0 .3 1.0 .5 .3
11-73 | Motors, generators, motor generator sets 2/.........| 174.5 177.5 177.9 3.8 .2 1.2 .6 .2
11-75 | Switchgear, switchboard, etc., equipment 2/.........| 190.8 194.3 194.7 3.6 .2 .7 1.1 .2
11-78 | Electronic components and accessories 2/............| 79.1 77.6 77.9 -7.2 .4 -2.5 .1 .4
11-94 | Internal combustion engines 2/......................| 155.1 156.5 156.5 1.3 0 .7 .1 0
11-95 | Machine shop products 2/............................| 159.5 164.2 170.5 7.8 3.8 .8 .6 3.8
13-11 | Flat glass 2/.......................................| 113.6 113.8 113.8 -.8 0 .4 -.2 0
13-22 | Cement..............................................| 211.5 213.2 212.8 3.2 -.2 -.5 .9 -.3
13-3 | Concrete products...................................| 205.0 206.7 207.3 2.3 .3 -.1 .2 .3
13-6 | Asphalt felts and coatings..........................| 145.0 145.3 147.9 2.9 1.8 2.7 -.5 2.7
13-7 | Gypsum products 2/..................................| 208.9 205.7 210.2 -18.7 2.2 -.3 -.2 2.2
13-8 | Glass containers....................................| 165.0 171.1 171.3 7.5 .1 2.0 .3 .1
14-12 | Motor vehicle parts 2/..............................| 118.3 118.4 118.2 .9 -.2 .5 -.3 -.2
14-23 | Aircraft engines & engine parts (Dec. 1985=100).....| 180.1 184.4 184.6 3.7 .1 .6 .3 .2
14-25 | Aircraft parts & aux.equip.,nec (June 1985=100) 2/..| 159.1 162.6 163.1 3.3 .3 2.3 -.1 .3
15-42 | Photographic supplies 2/............................| 123.4 124.4 124.4 1.5 0 -.2 .5 0
15-6 | Medical/surgical/personal aid devices...............| 163.5 166.2 165.9 1.7 -.2 .6 .7 -.2
| |
| CRUDE MATERIALS FOR FURTHER PROCESSING................| 225.6 245.5 265.6 31.4 8.2 2.5 3.7 8.0
| |
| CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 152.9 164.5 168.0 18.3 2.1 2.7 .7 2.0
| |
01-21 | Wheat 2/............................................| 218.0 343.2 345.3 160.4 .6 6.6 19.2 .6
01-22-02 | Corn 2/.............................................| 144.8 190.2 217.8 41.2 14.5 17.0 -1.9 14.5
01-31 | Slaughter cattle 2/.................................| 134.2 134.9 134.1 -4.9 -.6 -2.4 2.5 -.6
01-32 | Slaughter hogs......................................| 58.6 67.1 63.6 -15.8 -5.2 -6.6 9.8 -1.8
01-41-02 | Slaughter broilers/fryers...........................| 187.1 204.9 210.3 1.5 2.6 10.0 -3.1 .5
01-42 | Slaughter turkeys...................................| 183.8 140.4 152.2 17.2 8.4 -5.2 10.4 6.7
01-6 | Fluid milk..........................................| 163.9 144.6 137.2 17.4 -5.1 -2.4 -5.3 -5.2
01-83-01-31| Soybeans 2/.........................................| 173.2 219.4 228.7 97.3 4.2 9.5 4.1 4.2
02-52-01-03| Cane sugar, raw (Dec. 2003=100) 2/..................| 118.5 115.1 118.1 -1.3 2.6 .9 -2.2 2.6
| |
| CRUDE NONFOOD MATERIALS..............................| 274.1 300.0 333.1 37.9 11.0 2.4 5.0 10.9
| |
01-51 | Raw cotton 2/.......................................| 95.0 101.1 102.3 29.5 1.2 7.3 -1.2 1.2
04-1 | Hides and skins 2/..................................| 197.1 188.1 187.0 -14.5 -.6 -2.6 -1.1 -.6
05-1 | Coal................................................| 131.1 141.4 141.1 6.8 -.2 3.9 1.0 -.9
05-31 | Natural gas 2/......................................| 282.3 332.4 370.4 24.3 11.4 .7 11.5 11.4
05-61 | Crude petroleum 2/..................................| 252.6 256.2 301.0 92.6 17.5 2.7 .6 17.5
08-5 | Logs, timber, etc 2/................................| 208.5 214.5 215.0 -4.4 .2 1.2 2.1 .2
09-12 | Wastepaper 2/.......................................| 406.4 427.3 438.6 12.9 2.6 .6 5.4 2.6
10-11 | Iron ore 2/.........................................| 129.5 134.3 134.3 5.7 0 3.7 0 0
10-12 | Iron and steel scrap 2/.............................| 398.8 529.5 537.0 16.0 1.4 17.2 6.5 1.4
10-21 | Nonferrous metal ores (Dec. 1983=100) 2/............| 255.7 270.9 289.7 31.3 6.9 .7 3.3 6.9
10-23-01 | Copper base scrap 2/................................| 494.8 528.0 564.8 28.2 7.0 3.6 7.8 7.0
10-23-02 | Aluminum base scrap.................................| 268.3 278.2 311.0 9.8 11.8 1.1 -.4 9.9
13-21 | Construction sand, gravel, and crushed stone........| 237.5 244.1 247.1 7.9 1.2 -1.4 1.9 1.4
13-99-01 | Industrial sand.....................................| 191.9 206.3 207.2 9.2 .4 .3 .3 .9
____________________________________________________________________________________________________________________________________
1/ The indexes for November 2007 have been recalculated to incorporate late 2/ Not seasonally adjusted.
reports and corrections by respondents. All indexes are subject to 3/ Not available.
revision 4 months after original publication.
Table 3. Producer price indexes for selected commodity groupings
(1982=100 unless otherwise indicated)
_______________________________________________________________________________________________
| | |
| | Unadjusted index 1/ |
Commodity| |___________________________________|
code | Grouping | Nov. 2007 | Feb. 2008 |March 2008 |
_________|________________________________________________|___________|___________|___________|
| | | | |
| Finished Goods (1967=100)......................| 480.9 | 483.3 | 492.2 |
| All commodities................................| 179.0 | 182.4 | 188.1 |
| | | | |
| | | | |
| MAJOR COMMODITY GROUPS | | | |
| | | | |
| Farm products and processed foods and feeds....| 162.3 | 170.5 | 173.6 |
01 | Farm products................................| 151.0 | 162.4 | 167.8 |
02 | Processed foods and feeds....................| 168.0 | 174.7 | 176.7 |
| | | | |
| Industrial commodities.........................| 181.8 | 184.4 | 190.5 |
03 | Textile products and apparel.................| 126.5 | 127.4 | 127.3 |
04 | Hides, skins, leather, and related products..| 172.4 | 172.2 | 172.3 |
05 | Fuels and related products and power.........| 196.9 | 198.9 | 217.9 |
06 | Chemicals and allied products 2/.............| 224.5 | 230.6 | 233.2 |
07 | Rubber and plastic products..................| 156.5 | 160.4 | 160.8 |
08 | Lumber and wood products.....................| 189.8 | 189.4 | 189.9 |
09 | Pulp, paper, and allied products.............| 220.1 | 223.4 | 224.1 |
10 | Metals and metal products....................| 194.3 | 200.8 | 207.2 |
11 | Machinery and equipment......................| 127.2 | 128.3 | 129.0 |
12 | Furniture and household durables.............| 145.3 | 146.0 | 146.3 |
13 | Nonmetallic mineral products.................| 186.7 | 188.8 | 189.8 |
14 | Transportation equipment.....................| 157.3 | 157.5 | 157.2 |
15 | Miscellaneous products.......................| 211.7 | 213.8 | 214.5 |
| | | | |
| Industrial commodities less fuels and related | | | |
| products and power...........................| 173.1 | 175.7 | 177.1 |
| | | | |
| | | | |
| OTHER COMMODITY GROUPINGS | | | |
| | | | |
01-1 | Fruits and melons, fresh and dry vegetables, | | | |
| and tree nuts................................| 155.9 | 153.1 | 165.5 |
01-2 | Grains.........................................| 162.1 | 224.3 | 245.1 |
01-3 | Slaughter livestock............................| 116.3 | 118.8 | 117.4 |
01-4 | Slaughter poultry..............................| 183.5 | 189.5 | 196.1 |
01-5 | Plant and animal fibers........................| 95.7 | 102.1 | 103.2 |
01-7 | Chicken eggs...................................| 219.7 | 235.0 | 245.9 |
01-8 | Hay, hayseeds, and oilseeds....................| 200.9 | 241.3 | 250.9 |
01-83 | Oilseeds.......................................| 188.3 | 235.6 | 245.1 |
02-1 | Cereal and bakery products.....................| 206.2 | 224.6 | 228.2 |
02-2 | Meats, poultry, and fish.......................| 139.7 | 144.3 | 147.0 |
02-22 | Processed poultry..............................| 130.7 | 133.3 | 135.4 |
02-5 | Sugar and confectionery........................| 169.2 | 173.5 | 174.1 |
02-6 | Beverages and beverage materials...............| 167.0 | 170.9 | 171.1 |
02-63 | Packaged beverage materials....................| 166.6 | 172.8 | 180.0 |
02-7 | Fats and oils..................................| 234.0 | 278.7 | 293.9 |
03-81 | Apparel........................................| 127.2 | 127.4 | 127.6 |
04-4 | Other leather and related products.............| 157.0 | 157.6 | 157.8 |
05-3 | Gas fuels......................................| 307.9 | 336.1 | 368.1 |
05-4 | Electric power.................................| 166.0 | 167.3 | 168.8 |
05-7 | Refined petroleum products.....................| 253.2 | 246.3 | 282.1 |
06-3 | Drugs and pharmaceuticals......................| 327.0 | 336.5 | 337.2 |
06-5 | Agricultural chemicals and products............| 186.6 | 216.8 | 225.4 |
06-7 | Other chemicals and allied products............| 163.9 | 166.7 | 168.3 |
07-1 | Rubber and rubber products.....................| 142.3 | 145.6 | 146.7 |
07-11 | Rubber, except natural rubber..................| 170.1 | 178.4 | 178.3 |
07-13 | Miscellaneous rubber products..................| 156.2 | 158.7 | 159.1 |
07-2 | Plastic products...............................| 167.1 | 171.3 | 171.5 |
08-1 | Lumber.........................................| 167.2 | 162.4 | 162.3 |
09-1 | Pulp, paper, and products, excluding building | | | |
| paper and board..............................| 191.4 | 194.5 | 195.5 |
09-15 | Converted paper and paperboard products........| 190.9 | 193.0 | 193.5 |
10-1 | Iron and steel.................................| 197.8 | 215.1 | 223.0 |
10-2 | Nonferrous metals..............................| 244.0 | 249.9 | 266.9 |
10-25 | Nonferrous mill shapes.........................| 213.5 | 217.0 | 226.8 |
11-3 | Metalworking machinery and equipment...........| 165.0 | 166.1 | 166.5 |
11-4 | General purpose machinery and equipment........| 186.1 | 188.5 | 188.9 |
11-6 | Special industry machinery.....................| 183.1 | 185.7 | 186.7 |
11-7 | Electrical machinery and equipment.............| 112.8 | 113.1 | 113.5 |
11-9 | Miscellaneous machinery and equipment..........| 155.3 | 159.3 | 162.2 |
12-6 | Other household durable goods..................| 170.9 | 172.0 | 173.0 |
13-2 | Concrete ingredients...........................| 224.0 | 228.8 | 230.6 |
14-1 | Motor vehicles and equipment...................| 134.3 | 133.6 | 133.2 |
15-1 | Toys, sporting goods, small arms, etc..........| 143.0 | 144.2 | 145.2 |
15-4 | Photographic equipment and supplies............| 109.7 | 110.5 | 110.5 |
15-9 | Other miscellaneous products...................| 156.9 | 159.8 | 161.4 |
__________________________________________________________|___________|___________|___________|
1/ Data for November 2007 have been revised to reflect the availability of late reports and
corrections by respondents. All data are subject to revision 4 months after original
publication.
2/ Prices of some items in this grouping are lagged 1 month.
Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally
adjusted
__________________________________________________________________________________________________________________
| | | Index | Percent change
Industry | Industry 1/ |Index|_______________________|to_Mar._2008_from:
code | |base | | | | |
| | |Nov. |Feb. |Mar. | Mar. | Feb.
| | |2007 2/|2008 2/|2008 2/| 2007 | 2008
__________________|______________________________________________|_____|_______|_______|_______|________|_________
| | |
|Total mining, utilities, and manufacturing | |
| industries.................................. |12/06| 106.8 107.8 110.3 8.2 2.3
| | |
|Total mining industries...................... |12/84| 249.3 263.8 290.0 37.7 9.9
211 | Oil and gas extraction...................... |12/85| 314.8 334.1 375.6 48.8 12.4
212 | Mining (except oil & gas)................... |12/03| 161.3 171.7 175.6 14.2 2.3
213 | Mining support activities................... |12/03| 168.7 168.7 170.0 -3.1 .8
| | |
221 | Utilities................................... |12/03| 126.6 128.4 129.7 4.3 1.0
| | |
|Total manufacturing industries............... |12/84| 168.0 169.4 173.4 8.3 2.4
311 | Food mfg.................................... |12/84| 161.4 167.8 170.2 9.2 1.4
312 | Beverage & tobacco mfg...................... |12/03| 111.1 112.8 112.6 3.8 -.2
313 | Textile mills............................... |12/03| 109.1 110.8 110.3 2.4 -.5
314 | Textile product mills....................... |12/03| 110.2 110.5 111.2 2.1 .6
315 | Apparel manufacturing....................... |12/03| 101.5 101.8 102.0 .6 .2
316 | Leather and allied product manufacturing.... |12/84| 150.5 152.6 152.5 2.1 -.1
321 | Wood product manufacturing.................. |12/03| 106.1 105.4 105.8 -.9 .4
322 | Paper manufacturing......................... |12/03| 117.8 119.1 119.6 4.5 .4
323 | Printing and related support activities..... |12/03| 107.2 108.1 108.1 1.7 0
324 | Petroleum and coal products manufacturing... |12/84| 305.5 297.1 336.4 41.8 13.2
325 | Chemical mfg................................ |12/84| 209.2 215.7 216.9 8.8 .6
326 | Plastics and rubber products mfg............ |12/84| 152.2 155.8 156.5 4.8 .4
327 | Nonmetallic mineral product manufacturing... |12/84| 166.7 168.2 168.8 1.1 .4
331 | Primary metal mfg........................... |12/84| 188.9 194.4 202.9 8.4 4.4
332 | Fabricated metal product mfg................ |12/84| 163.7 165.8 167.8 4.0 1.2
333 | Machinery manufacturing..................... |12/03| 113.0 114.4 114.8 2.8 .3
334 | Computer & electronic product mfg........... |12/03| 92.8 92.6 92.8 -2.4 .2
335 | Electrical equipment and appliance mfg..... |12/03| 124.5 126.1 128.4 7.3 1.8
336 | Transportation equipment manufacturing...... |12/03| 106.6 106.6 106.3 1.4 -.3
337 | Furniture & related product mfg............. |12/84| 166.6 167.8 167.8 1.6 0
339 | Miscellaneous mfg........................... |12/03| 107.5 109.1 109.3 2.3 .2
| | |
|Total trade industries....................... |12/06| 104.3 105.1 105.4 2.6 .3
| | |
|Total wholesale trade industries............. |12/06| 102.6 106.1 106.1 3.0 0
423 | Merchant wholesalers, durable goods......... |06/04| 109.1 113.3 115.4 4.7 1.9
424 | Merchant wholesalers, nondurable goods...... |06/05| 113.5 116.5 114.0 .6 -2.1
425 | Wholesale trade agents and brokers.......... |06/05| 106.8 110.0 109.5 6.0 -.5
| | |
|Total retail trade industries................ |12/06| 105.6 104.6 105.0 2.4 .4
441 | Motor vehicle and parts dealers............. |12/03| 116.1 118.9 118.8 3.4 -.1
442 | Furniture and home furnishings stores....... |12/03| 121.1 120.6 122.2 5.5 1.3
443 | Electronics and appliance stores............ |12/03| 114.9 87.9 88.0 -13.6 .1
444 | Bldg material and garden equip and supp | |
| dealers.................................... |12/03| 118.1 119.0 121.0 1.5 1.7
445 | Food and beverage stores.................... |12/99| 142.2 145.0 141.7 2.7 -2.3
446 | Health and personal care stores............. |12/03| 123.8 124.0 125.9 3.1 1.5
447 | Gasoline stations........................... |06/01| 73.7 59.5 61.1 -7.6 2.7
448 | Clothing and clothing accessories stores.... |12/03| 108.4 105.7 108.9 2.5 3.0
451 | Sporting goods, hobby, book and music stores |12/03| 107.0 109.4 110.5 12.4 1.0
452 | General merchandise stores.................. |12/03| 111.6 111.3 111.7 4.6 0.4
454 | Nonstore retailers.......................... |12/03| 125.7 135.5 134.3 4.4 -.9
| | |
|Transportation and warehousing industries.... |12/06| 106.5 108.1 109.2 6.7 1.0
| | |
|Transportation industries.................... |12/06| 105.7 107.6 108.9 6.9 1.2
481 | Air transportation.......................... |12/92| 189.4 192.4 197.2 8.7 2.5
482 | Rail transportation......................... |12/96| 146.5 152.3 153.0 12.9 .5
483 | Water transportation........................ |12/03| 116.5 120.5 120.8 8.4 .2
484 | Truck transportation........................ |12/03| 117.1 118.8 119.8 5.1 .8
486110 | Pipeline transportation of crude oil........ |06/86| 143.6 144.9 145.0 8.3 .1
486910 | Refined petroleum product pipeline | |
| transport.................................. |06/86| 135.6 136.0 135.9 5.3 -.1
488 | Transportation support activities........... |12/03| 109.0 109.6 109.8 1.1 .2
| | |
|Delivery and warehouse industries............ |12/06| 108.3 109.3 109.7 6.1 .4
491 | Postal service.............................. |06/89| 175.5 175.5 175.5 6.6 0
492 | Couriers and messengers..................... |12/03| 133.7 135.9 137.1 6.4 .9
493 | Warehousing and storage..................... |12/06| 103.7 105.2 105.2 3.3 0
__________________________________________________________________________________________________________________
See footnotes at end of table.
Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally
adjusted -- Continued
__________________________________________________________________________________________________________________
| | | Index | Percent change
Industry | Industry 1/ |Index|_______________________|to_Mar._2008_from:
code | |base | | | | |
| | |Nov. |Feb. |Mar. | Mar. | Feb.
| | |2007 2/|2008 2/|2008 2/| 2007 | 2008
__________________|______________________________________________|_____|_______|_______|_______|________|_________
| | |
|Total traditional service industries......... |12/06| 102.6 101.9 101.3 1.2 -0.6
| | |
|Information.................................. |12/06| 101.2 101.3 101.7 1.4 .4
511 | Publishing industries, except Internet...... |12/03| 108.5 109.4 110.4 2.4 .9
515 | Broadcasting, except Internet............... |12/03| 102.3 102.3 103.2 .7 .9
517 | Telecommunications.......................... |12/03| 101.2 100.8 100.8 1.1 0
5181 | ISPs and Web search portals................. |06/04| 72.5 72.1 72.2 -1.1 .1
5182 | Data processing and related services........ |12/03| 100.5 100.6 100.6 .4 0
| | |
|Selected health care industries.............. |12/06| 103.6 104.1 103.9 2.1 -.2
6211 | Offices of physicians....................... |12/96| 121.5 122.9 121.0 -1.1 -1.5
6215 | Medical and diagnostic laboratories......... |12/03| 106.7 107.9 106.8 .1 -1.0
6216 | Home health care services................... |12/96| 125.3 125.7 125.6 1.6 -.1
621991 | Blood and organ banks....................... |06/06| 104.5 105.2 105.6 2.9 .4
622 | Hospitals................................... |12/92| 161.9 162.0 162.7 3.4 .4
6231 | Nursing care facilities..................... |12/03| 116.5 117.3 117.6 3.7 .3
62321 | Residential mental retardation facilities... |12/03| 114.3 116.1 118.2 6.0 1.8
| | |
|Other selected traditional service | |
| industries.................................. |12/06| 102.5 101.2 100.3 .8 -.9
5221 | Depository credit intermediation............ |12/03| 115.6 107.8 99.9 -5.8 -7.3
523 | Security, commodity contracts and like | |
| activity................................... |12/03| 124.2 117.1 118.4 .9 1.1
524 | Insurance carriers and related activities... |12/03| 108.2 109.0 109.3 2.0 .3
53112 | Lessors of nonres bldg (exc miniwarehouse).. |12/03| 108.5 107.8 107.9 2.0 .1
53113 | Lessors of miniwarehouse and self storage | |
| units...................................... |12/03| 110.9 109.8 111.6 3.5 1.6
5312 | Offices of real estate agents and brokers... |12/03| 110.5 110.1 110.6 -.7 .5
5321 | Automotive equipment rental and leasing..... |06/01| 118.4 120.9 121.6 4.2 .6
532412 | Other heavy machinery rental and leasing.... |12/03| 118.7 119.3 119.2 .8 -.1
5411 | Legal services.............................. |12/96| 155.1 160.1 160.6 5.1 .3
5413 | Architectural, engineering and related | |
| services................................... |12/96| 140.8 139.1 140.0 0.4 0.6
5416 | Management and technical consulting services |06/06| 103.2 105.0 105.0 2.3 0
54181 | Advertising agencies........................ |12/03| 105.1 105.0 105.2 .1 .2
5613 | Employment services......................... |12/96| 122.3 122.3 122.5 1.1 .2
56151 | Travel agencies............................. |12/03| 101.7 97.3 98.7 -1.8 1.4
56172 | Janitorial services......................... |12/03| 107.1 108.2 107.7 2.3 -.5
5621 | Waste collection............................ |12/03| 109.5 112.2 112.1 5.2 -.1
61142 | Computer training........................... |06/06| 106.0 107.6 108.0 6.5 .4
71311 | Amusement and theme parks................... |06/06| 108.2 108.6 108.8 5.8 .2
71391 | Golf courses and country clubs.............. |12/05| 104.5 106.0 106.7 2.7 .7
71394 | Fitness and recreational sports centers..... |12/04| 100.9 100.9 100.7 .8 -.2
721 | Accommodation............................... |12/96| 144.7 142.9 144.2 3.7 .9
8113 | Commercial machinery repair and maintenance. |06/06| 103.9 104.4 104.7 3.6 .3
__________________________________________________________________________________________________________________
1/ Indexes in this table are derived from the net-output-weighted industry price indexes. Because of differences
in coverage and aggregation methodology, they will generally not match the movements of similarly titled
indexes which are derived from traditional commodity groupings.
2/ The indexes for November 2007 have been recalculated to incorporate late reports and corrections by respondents.
All indexes are subject to revision 4 months after original publication.
3/ Not available.
Note: NAICS replaced the SIC system beginning with the release of PPI data for January 2004.
Table 5. Producer price indexes by stage of processing, seasonally adjusted
(1982=100)
_____________________________________________________________________________________________________________
|
| Index 1/
|_____________________________________________________
Grouping | | | | | |
| Oct. | Nov. | Dec. | Jan. | Feb. | Mar.
| 2007 | 2007 | 2007 | 2008 | 2008 | 2008
_______________________________________________________|________|________|________|________|________|________
|
Finished goods...................................| 167.9 172.3 171.6 173.3 173.9 175.8
Finished consumer goods........................| 175.1 180.8 180.0 182.0 182.6 185.0
Finished consumer foods......................| 170.0 169.7 171.8 174.8 173.9 176.0
Crude......................................| 184.3 174.6 187.9 193.8 175.5 191.1
Processed..................................| 168.7 169.3 170.2 173.0 173.8 174.6
Finished consumer goods, excluding foods.....| 176.8 184.8 182.8 184.4 185.6 188.1
Nondurable goods less foods................| 193.6 204.9 202.2 204.2 205.7 209.2
Durable goods..............................| 138.2 139.0 138.7 139.2 139.9 140.1
Capital equipment..............................| 149.8 150.4 150.3 150.9 151.7 151.9
Manufacturing industries.....................| 153.0 153.3 153.5 154.5 155.1 155.5
Nonmanufacturing industries..................| 148.6 149.3 149.0 149.6 150.4 150.6
|
Intermediate materials, supplies, and components.| 171.9 176.9 176.8 179.2 180.6 184.8
Materials and components for manufacturing.....| 164.5 166.3 166.4 168.4 169.8 172.5
Materials for food manufacturing.............| 166.6 167.4 171.0 174.8 177.5 180.4
Materials for nondurable manufacturing.......| 189.5 195.2 195.2 199.5 201.2 204.2
Materials for durable manufacturing..........| 189.2 188.9 188.1 189.2 192.2 199.5
Components for manufacturing.................| 136.6 136.8 136.9 137.2 137.6 138.1
Materials and components for construction......| 193.3 193.5 193.4 194.2 195.5 197.1
Processed fuels and lubricants.................| 173.7 192.6 190.7 195.8 197.2 209.1
Manufacturing industries.....................| 174.7 188.2 186.5 189.6 190.4 201.6
Nonmanufacturing industries..................| 174.0 195.0 193.1 198.8 200.6 212.7
Containers.....................................| 182.4 183.2 183.6 184.4 185.6 185.8
Supplies.......................................| 163.1 164.0 164.6 166.5 167.9 169.4
Manufacturing industries.....................| 163.9 164.3 164.9 166.1 167.0 167.5
Nonmanufacturing industries..................| 161.5 162.5 163.2 165.2 166.8 168.5
Feeds......................................| 144.7 150.3 153.7 162.9 170.0 180.3
Other supplies.............................| 164.3 164.9 165.4 166.8 168.0 169.0
|
Crude materials for further processing...........| 211.9 226.3 231.8 237.5 246.2 266.0
Foodstuffs and feedstuffs......................| 149.4 153.8 160.6 164.9 166.1 169.4
Nonfood materials..............................| 252.6 274.8 278.8 285.4 299.8 332.5
Nonfood materials except fuel 2/.............| 262.7 281.0 280.1 289.3 294.1 327.6
Manufacturing 2/...........................| 244.1 261.4 260.5 269.2 273.7 305.2
Construction...............................| 200.7 198.2 197.6 197.7 198.2 198.9
Crude fuel 3/................................| 217.7 243.6 254.3 256.7 283.5 312.4
Manufacturing industries...................| 207.3 231.3 241.2 243.7 268.5 295.3
Nonmanufacturing industries................| 222.6 249.1 260.1 262.6 290.0 319.7
|
Special groupings |
|
Finished goods, excluding foods..................| 167.0 172.7 171.3 172.6 173.7 175.4
Intermediate materials less foods and feeds......| 172.6 177.7 177.4 179.7 181.0 185.2
Intermediate foods and feeds.....................| 159.8 162.0 165.5 170.9 174.8 179.9
Crude materials less agricultural products 2/....| 259.4 282.3 286.3 292.9 307.8 341.6
|
Finished energy goods............................| 157.5 175.9 170.7 173.3 174.6 179.6
Finished goods less energy.......................| 164.2 164.5 165.1 166.4 166.9 167.7
Finished consumer goods less energy..............| 170.5 170.7 171.7 173.3 173.6 174.7
|
Finished goods less foods and energy.............| 162.5 163.0 163.2 163.9 164.8 165.2
Finished consumer goods less foods and energy....| 171.0 171.6 171.9 172.6 173.7 174.2
Consumer nondurable goods less foods and energy..| 199.1 199.3 200.2 201.1 202.6 203.4
|
Intermediate energy goods........................| 175.6 193.9 192.1 197.4 199.5 211.3
Intermediate materials less energy...............| 169.0 170.3 170.5 172.1 173.4 175.4
Intermediate materials less foods and energy.....| 169.6 170.9 170.9 172.3 173.4 175.3
|
Crude energy materials 2/........................| 238.0 267.3 270.9 275.8 291.3 330.2
Crude materials less energy......................| 187.4 190.4 197.1 203.2 206.5 211.6
Crude nonfood materials less energy 3/...........| 294.9 292.2 297.7 309.7 319.8 330.9
_____________________________________________________________________________________________________________
1/ All seasonally adjusted indexes are subject to change up to 5 years after original publication due to
the recalculation of seasonal factors each January. The indexes for November 2007 have been
recalculated to incorporate late reports and corrections by respondents.
2/ Includes crude petroleum.
3/ Excludes crude petroleum.
United States Department of Labor
