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US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978.
A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output. Formerly known as the wholesale price index between 1902 and 1978, the index is made up of over 16,000 establishments providing approximately 64,000 price quotations that the U.S. Bureau of Labor Statistics (BLS) compiles each month to represent thousands ...
The selection of the proper index to use depends on the industry in which it is applied. For example, while CE, M&S or IC Index are typically employed for chemical process industries, the ENR (Engineering News-Record) construction index is used for general industrial construction and takes in account the prices for fixed amounts of structural steel, cement, lumber and labor.
The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% last month from October, up from 0.3% the month before ...
Among the S&P 500's 11 major industry sectors, only three ended with gains a day ahead of the November reading of the Consumer Price Index, one of the last major reports ahead of the Fed's Dec. 17 ...
The data follows the release of the consumer price index on Wednesday, which showed inflation coming in at 2.7% on an annual basis in November, slightly outpacing October's 2.6% rise but in line ...
The Construction Cost Index has been issued since 1908, while the Building Cost Index has been issued since 1915. Each index is widely used throughout the U.S. construction industry as a benchmark for measuring inflation. The ENR cost indexes were created in 1921 and overseen for many years by ENR's director of market surveys, Elsie Eaves.
Indexes edged higher Thursday as investors mulled new inflation data and jobless claims. In the second inflation reading of the week, the producer price index rose 0.2% from July to August, in ...