Falling prices for telecommunications
August 31, 2001
In 2000, falling prices were registered for telecommunications services.
The producer price index for telephone communications, except radiotelephone, decreased 1.7 percent from December 1999 to December 2000. Producer prices for wireless communications dropped 6.1 percent in that period. Specifically the price for cellular and other wireless voice grade services decreased 6.3 percent, while the price of paging services fell 4.5 percent.
Declining prices for cellular services were the result of increased competition and further development of the wireless telecommunication infrastructure. At the same time, more customers gained greater access and wider utility while using the services. Furthermore, prices fell as carriers formed strategic alliances with other carriers to eliminate roaming charges and, in many cases, long distance charges.
These data are a product of the BLS Producer Price Index program. The producer price index for wireless telecommunications began in June 1999. Learn more in "Producer prices in 2000: energy goods continue to climb," by William F. Snyders, Monthly Labor Review, July 2001.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Falling prices for telecommunications on the Internet at https://www.bls.gov/opub/ted/2001/aug/wk4/art05.htm (visited January 17, 2017).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.