Consumer durables prices dropped in 2001
May 28, 2002
In 2001, prices paid by consumers for durable commodities decreased 1.3 percent—the fourth drop in five years. Nondurables prices also fell in 2001, for the first time since 1986.
Examples of consumer durables are furniture, televisions, new vehicles, and personal computers. Furniture prices were down by 3.1 percent and television prices down by 10.8 percent last year. Prices of new vehicles declined 0.1 percent and prices of personal computers and peripheral equipment fell by 30.7 percent.
Nondurable commodities include apparel and energy commodities such as gasoline and fuel oil. Prices for apparel fell 3.2 percent in 2001 and the price index for energy commodities dropped 24.5 percent.
These data are produced by the BLS Consumer Price Index program. Annual percent changes are December-to-December changes. For additional information on consumer price changes in 2001, see "Consumer inflation lower in 2001: energy and apparel prices declined," by Todd Wilson, Monthly Labor Review, March 2002.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer durables prices dropped in 2001 on the Internet at https://www.bls.gov/opub/ted/2002/may/wk3/art05.htm (visited February 25, 2020).
Recent editions of Spotlight on Statistics
- Labor Market Activity of Blacks in the United States
Examines data on the labor market and related topics for the Black or African American population.
- Workers’ Access to and Use of Leave from Their Jobs in 2017–18
Examines the reasons for which workers can take leave, their use of leave, and the reasons they did not take available leave even when they needed to.
- 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.