Export prices decline again in 1998
February 01, 1999
Export prices fell 3.5 percent in 1998. The decline was more than double the declines of 1.1 percent and 1.2 percent recorded in 1997 and 1996, respectively, and was the largest recorded for the export price index since publication of the series began in 1984.
Agricultural export prices fell 9.3 percent for the year ended in December 1998 and have decreased on an annual basis in each of the last three years. Prices for nonagricultural exports were down 2.8 percent for the year ended in December, following a 1.0-percent decrease in the prior year.
Estimates of export prices and other international price indexes are produced by the BLS International Price Index program. Additional information may be found in news release USDL 99-13, "U.S. Import and Export Price Indexes—December 1998."
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Export prices decline again in 1998 on the Internet at https://www.bls.gov/opub/ted/1999/feb/wk1/art01.htm (visited January 20, 2020).
Recent editions of Spotlight on Statistics
- A look at employment and wages in U.S. establishments with foreign ownership
Examines employment and wages in U.S. establishments that have at least one foreign owner with at least 10 percent ownership.
- 25 years of Worker Injury, Illness, and Fatality Case Data
Examines detailed historical data on work-related injuries, illnesses, and fatal injuries.
- Occupational employment projections through the perspective of education and training
Examines employment, projected employment growth, and wages for occupations with different education and training requirements.
- Workers in Alternative Employment Arrangements
A look at independent contractors, on-call workers, temporary help agency workers, and workers provided by contract firms.