Full text of CPI Detailed Report : February 1954
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Issued March 2k, 195^ U.S. DEPARTMENT OF LABOR Bureau of Labor Statistics Washington 25, D. C. EXECUTIVE 3-2^20 Moffatt - Ext. 532 CONSUMER PRICE INDEX FEBRUARY 195^ Consumer Prices Decline 0.2 Percent Between January and February 195^ :This report presents the Consumer Price Index for :February 195^ for the average of U.S. cities and :for individual cities. The measure of price change :from January 1953 forward is based on the revised : index structure. Information about the index re: vision is given in the February 1953 Monthly Labor :Review or is available upon request. Consumer prices decreased 0.2 percent between January and February, according to the U.S. Department of labor *s Bureau of Labor Statistics. Food prices were O.lf percent lower than in January; Transportation declined 0.8 percent; Reading and Recreation, 0.6 percent; Apparel, 0.2 percent; and Other Goods and Services, 0.1 percent. The Housing index rose 0.1 percent, Medical Care was up 0.3 percent, and Personal Care, 0.2 percent. The All Items index for February was 115.0 percent of the 19^7-^9 average, 0.3 percent below the peak reached in October 1953; it was l.k percent higher than a year ago, and 13.0 percent above the June 1950 level. Converted to a base of 1935-39 = 100, the index was 192.3. FOOD Retail food prices in February were down an average of 0mk percent from January levels. Price reductions for fresh vegetables, meats, poultry, milk, and eggs led the decline. The Food index fell to 112.6 (19^7-^9 = 100), but was still 1.0 percent higher than a year ago and 12.0 percent above the June 1950 index. Of the k6 cities surveyed, 39 reported lower average food prices. Fruits and Vegetables, on the average, were2.5 percent lower than in January. Significant price decreases for carrots, lettuce, and tomatoes accounted for most of the 7 percent fall in fresh vegetable prices. Potato prices went up 1.2 percent after a drop of more than kO percent during the past year. Fresh fruits averaged slightly less in price. Canned and frozen orange juice prices were lower in most cities. Price decreases reported for poultry and most cuts of beef and bacon the chief exception, combined to lower the Meats, Poultry and Fish cent between January and February. Declines averaged over 2 1/2 percent chickens and nearly 1 percent for beef and veal. Lamb, other meats, and slightly higher in price. pork, with index 0.5 perfor fresh fish averaged Lower prices for fresh milk in more than one-third of the cities surveyed were the main reason for the 0.6 percent decline in the Dairy Products index. 2 The index of Other Foods at Home went up 0.4 percent. Egg prices were lower in most places — down more than 2 percent for all cities combined. However, the increase in coffee prices during the month averaged over 5 percent, making the total rise since December 1953 about 8 1/2 percent. The U.S. average price for coffee was 99*4 cents per pound in mid-February and there have been reports of further increases since that time. The Cereals and Bakery Products index was 0.1 percent higher. meals were also up slightly. Restaurant HOUSING The Housing index increased 0.1 percent during the month. Rents continued their gradual upward movement, advancing 0.1 percent between January and February. The index for Gas and Electricity rose 0.4 percent, reflecting higher rates for electricity. Higher prices for fuel oil were reflected in a rise of 0.4 percent in the index of Solid Fuels and Fuel Oil. The increase of 0.1 percent in Household Operation resulted from higher prices for laundry soap and increased rates for domestic service. Prices of Housefurnishings remained at the January level, lower than at any time in the last three years. In some cities, prices of housefurnishings returned to regular prices from January sale prices, but traditional sales were extended into February by a number of retailers in other cities. There were increasing reports that mark-down prices were becoming new regular prices. APPAREL The decline of 0.2 percent in Apparel prices resulted principally from lower prices for women's nylon hose, men's work trousers and overalls, and a number of other apparel items. On the average, prices of women's and girls' clothing declined 0.3 percent, while men's and boys' clothing was unchanged during the month. Some spring apparel came onto the market at prices higher than the end-of-season sale prices last spring. Lower priced lines of spring dresses were reported to be made of better quality fabrics than previously. OTHER GROUPS The Transportation index declined 0.3 percent, reflecting substantially lower prices for used cars and some downward adjustments in new car prices. Streetcar and bus fares were raised in a few cities and auto repairs were slightly higher than a month ago. The Reading and Recreation index decreased 0.6 percent, due to sale prices for television sets and radios and substantial reductions in motion picture theatre admission charges. Many theatres returned to their regular prices following temporary increases for special features. The Medical Care index rose 0.3 percent, as prescriptions and hospital services advanced in price. The rise of 0.2 percent in the Personal Care index resulted chiefly from higher prices for toilet soap. The index for Other Goods and Services declined slightly — the month. 0.1 percent over TABIE 1. CONSUMER PRICE. INDEX 1/ — U.S. AVERAGE ALL ITEMS AND C0M40DITY GROUP? Indexes and Percent Changes for Selected Dates GROUP February 1954 January 1954 December 1953 February 1953 This Month Last Month 2 Months Ago Last Year 3 June. 1950 Year 1939 PreWorld War II Pre-Korea INDEXES (19^7-^9 •» 100) ALL ITEMS FOOD 2/ Food at home Cereals and bakery products Meats, poultry and fish Dairy products Fruits and vegetables Other foods at home HOUSING 2/ Rent Gas and Electricity Solid fuels and fuel oil Housefurnishings Household operation 115.0 115.2 114.9 113.4 101.8 59.4 112.6 113.1 112.3 111.5 100.5 47.1 112.0 121.3 109.7 109.0 108.0 114.0 112.6 121.2 110.2 109.7 110.8 113.5 111.7 120.9 107.8 110.3 109.2 113.5 111.1 117.6 107.7 110.7 115.9 107.3 100.5 102.7 106.1 92.3 102.5 94.1 47.1 57.2 41.6 49.8 118.9 118.8 118.9 116.6 104.9 6/ I j 127.8 107.1 125.7 107.2 117.2 127.6 107.2 125.3 108.1 117.0 121.5 106.1 123.3 108.0 113.5 ! 104.9 105.3 104.6 96.5 52.5 129.1 109.9 g 119.3 105.4 127.9 107.5 126.2 107.2 117.3 1 j 1 46.3 6/ ! 108.7 ! 102.7 I| 107.6 1 97.4 99.6 |! i» ! 86.6 104.9 56.4 53.4 6/ APPAREL 4/ 104.7 TRANSPORTATION 129.4 130.5 128.9 MEDICAL CARE 124.1 123.7 123 6 PERSONAL CARE 113.9 113.7 113.6 112.5 99.2 y y REAPING AND RECREATION 108.0 108.7 108.9 107.5 102.5 6/ 120.2 120.3 120.3 115.8 103.7 6/ OTHER GOODS AND SERVICES 5/ | PERCENT CHANGE TO FEBRUARY 1954 FROM: j 1 1 January 1954 December 1953 ALL ITEMS - 0.2 0.1 1.4 13.0 | 93.6 FOOD - 0.4 0.3 1.0 12.0 ! 139.1 - 0.5 0.1 - 0.5 0.3 0.3 1.8 - 1.2 • 1.1 0.4 0.8 3.1 1.9 - 1.5 - 6.8 6.2 11.4 18.1 3.4 18.1 5.4 21.1 2.0 13.3 56.2 7/ 47.7 2.5 123.8 100.7 71.5 1/ 2/ Food at home Cereals and bakery products Meats, poultry and fish Dairy products Fruits and vegetables Other foods at home - 0.6 - 2.5 0,4 0.1 HOUSING 3/ 0 February 1953 ! June 1950 ! Year 1939 137.8 112.1 163.7 118.9 133.3 135.5 7/ 0.1 0.4 0.4 0 0.1 0.2 0.3 0.7 - 0.8 0.3 5.3 1*3 2.4 - 0.7 3.3 17.7 4.7 17.3 10.1 17.8 APPAREL 4/ - 0.2 - 0.6 0.1 8.5 TRANSPORTATION • 0.8 0.4 0.2 17.7 87.8 2/ MEDICAL CARE 0.3 0.4 4.0 17.7 70.91/ PERSONAL CARE 0.2 0.3 1.2 14.8 91.11/ - 0.6 - 0.8 0.5 5.4 71.4 2/ - 0.1 - 0.1 3.8 15.9 Rent Gas and electricity Solid fuels and fuel oil Housefurnishings Household operation READING AND RECREATION OTHER GOODS AND SERVICES 5/ 99.4 70.3 y Includes "Food away from hone." J/ Includes "Other shelter"; estimates for rent, home purchase, and other home owner costs are reflected monthly in total housing and all items. 4/ Indexes for subgroups of apparel not yet available. 5/ Includes tobacco, alcoholic beverages, and "miscellaneous services" (such as legal services, banking fees, burial services, etc.). 6/ Not available. Approximate. % 2/ TABLE 2. CONSUMER PRICE INDEX l/ — ALL ITEMS INDEXES FOR SEIECT5D DATES U.S. Average and 20 Large Cities ( i 9 10 0) K 7 - k 9 (1935-39 - 100) City February 1954 U. S. AVERAGE jJ January 1954 December 1953 February 1953 June 1950 February 1954 101.8 192.3 115.0 115.2 114.9 113.4 116.7 116.4 116.7 116.4 116.4 113.9 115.1 114.9 111.1 113.7 2/ CITIES PRICED MONTHLYJ Chicago Detroit Los Angeles New York Philadelphia 116.6 112.8 115.2 117.0 116.8 113.0 115.8 113.0 115.3 115.0 CITIES PRICED IN JAN., APR. JULY, OCT. 4/ 102.8 102.8 101.3 100.9 101.6 January Boston Kansas City Minneapolis Pittsburgh Portland, Ore. 112.7 115.0 116.6 April 1950 CITIES PRICED IN MAR., JUNE, SEPT., DEC. y January 1954 101.2 112.1 114.3 114.4 10&.1 y 114.6 101.5 181.4 185.2 101.4 112.6 114.4 115.4 198.7 196.5 194.8 186.7 191.7 193.1 194.5 199.9 99*9 December June December JL222- Atlanta Baltimore Cincinnati St. Louis San Francisco 117.1 114.5 114.6 116.9 116.9 115.6 CITIES PRICED IN FEB., MAY, AUG., NOV. y 101.3 101.6 101.2 101.1 May 1950 112.5 100.4 103.5 116.1 112.2 116.9 113.2 116.2 193.0 195.1 199.8 February 1954 196.3 197.9 100.2 102.0 101.6 114.6 113.0 114.1 198.6 196.8 100.9 February 195i_ 115.2 Cleveland Houston Scranton Seattle Washington, D. C. y 117.1 114.4 112.5 114.9 188.1 198.6 187.4 l/ See General Explanation at end of tables. 2/ These are the same indexes shown in columns 1, 2 or 3* converted to a base of 1935-39 =» 100. 3/ The U.S. average is based on prices collected in 46 cities. In addition to the 20 cities listed individually, 26 cities are Included in the national average. Indexes are not calculated for these 26 cities. 4/ Foods, fuels, rents and a few other items priced monthly; other commodities and services priced quarterly. June 1950; formerly priced March, June, September, December. / November 1952 and May 1950J formerly priced February, May, August, November. TABLE 3. CONSUMER PRICE INDEX l/ — PERCENT CHANGES FROM JANUARY 1954 TO FEBRUARY 1954 U.S. Average and Five Cities Priced Monthly All Items and Comnodity Groups All Items City U.S. AVERAGE Chicago Detroit Los Angeles Nev York Philadelphia Food Housing Apparel 2/ 1/ V - 0.2 - 0.4 0.1 - 0.2 - 0.8 0 0.5 0.2 0.2 0.1 - 0.2 - 0.4 0.1 - 0.3 - 0.7 0.5 0.3 - 0.2 0 0.2 0.3 0.1 0.4 0.1 - 0.1 - - 1 See footnotes on table 1 and General Explanation at end of tables. Transportation Medical Care Personal Care Reading & Recreation 0.7 3.0 0.5 0.4 0.8 0.3 0.2 0 0.2 0 - 0.3 0.4 0 0.1 - 0.2 0.3 0 Other Goods & Services 5/ - 0.6 - 0.1 - - 0.1 - 0,2 - 0.9 0 - 0.1 0.6 1.4 1.8 0.8 0 5 TABIE *. CONSUMER PRICE INDEX 1/ — ALL ITEMS AND COMMODITY GROUPS February 195* Indexes and Percent Changes, November 1953 to February 195* U.S. Average and 10 Cities Priced in February City All Items Total Food Total Rent 3/ 2/ Housing Solid Fuels Gas & & ElecFuel triOil city House- Household furnish- Operaings tion Apparel Transportation Medical Care Other ReadPering & Goods & sonal | Recre- SerCare I ation vices 5/ i it/ February 195* Indexes (l9*7-*9 = 100) U. S. AVERAGE Chicago Cleveland Detroit Houston Los Angeles New York Philadelphia Scranton Seattle Washington, D. C. 115.0 112.6 118.9 116.7 115.2 111.2 110.5 116.* 11*. 7 116.9 112.9 116.6 11*. 3 112.8 110.6 115.2 11*. 5 113.2 112.5 116.2 112.1 11*. 1 110.9 12*.9 119.1 122.0 123.6 12*.3 115.3 113.6 116.* 118.3 117.7 126.2 127.9 106.0 12*.5 110.6 121*. 3 119.* 138.8 106.8 106.5 109.5 108.7 11*. 5 102.3 138.3 133.* 12*.0 112.2 13*. 8 139.9 127.3 133.3 88.5 118.1 Percent Change — U. S. AVERAGE 0 0.5 Chicago 0.3 '- 0.3 Cleveland - 0.3 Detroit - 0.3 Houston 0.* Los Angeles 0.1 New York 0.* Philadelphia - 0.2 Scranton - 0.2 Seattle Washington, D. C. - 0.2 0.7 0 0.3 0.9 1.* 0.5 0.2 0.6 - 0.3 6/ 6.2 0.7 6.1 0 - 0.* 6/ 0.6 0 0.5 0 0 - 0.3 - 0.2 - 0.1 - 0.2 0 0.* 0.3 6/ 1.2 0 0.1 0.8 1.2 - 0.5 6/ 1.* -10.6 0 0.3 - 0.5 107.2 117.3 10*. 7 129.* 12*. 1 113.9 108.0 120.2 109.3 10*.0 110.1 102.2 108.6 107.1 109.7 102.3 106.1 108.2 121.0 108.1 111.* 10*. 7 109.9 103.1 129.0 106.5 108.* 10*. 2 119.3 10*. 9 113.6 106.1 107.6 106.* 111.5 106.0 11*. 7 103.* 132.8 123.1 121.7 125.5 128.* 135.1 137.2 128.* 132.9 128.1 122.8 129.2 122.3 119.2 121.1 123.2 123.8 119.6 129.5 117.1 11*.2 115.0 119.9 120.3 117.9 108.6 117.2 113.0 111.3 112.* 108.0 117.3 110.5 112.0 118.9 119.8 12*.9 119.6 115.* 121.2 122.8 116.3 127.2 127.2 - 0.8 - 0.5 0.6 0.* - 0.8 - 0 - 0.7 - 3.6 - 1.1 0.7 0.1 0.2 1.2 1.3 0.* 0 101.6 107.6 110.5 117.7 111.0 110.5 November 1953 to February 195* 0.2 0.5 0.* 0.2 1.2 - 0.2 0 0.2 - 0.5 - 1.0 0.3 - 0.8 0.2 - 1.5 0.5 - 0.8 - 1.5 - 1.5 - 0.6 - 0.5 - 1.0 - 1.7 - 1.9 2.8. 0.1 0.3 0.3 0.3 1.5 0.3 0.2 - 0.2 0.* - 0.9 - 0.7 - 0.* 0 0.3 - 0.* 0.1 - 1.2 0.2 0.2 0 0 0 0.8 1.2 - 0.2 2.8 1.3 0.1 - 1.5 0 0.2 - 0.2 - 0.7 0.3 0.3 0.2 0.7 1.8 2.0 2.5 1.* 1.5 0.3 6.1 3.6 0.8 l/tnrougn p/, see ioomotee ua wuic jl, auu. v. 5/ Change from August 1953 to February 195*. TABLE 5. CONSUMER PRICE INDEX 1/ — FOOD AND ITS SUBGROUPS February 195* Indexes and Percent Changes, January 195* to February 195* U. S. Average and 20 Large Cities (19*7-*9 = 100) Total Food 2/ Percent Index Change Total Food at Home Percent Index Change Meats, Poultry Cereals & & Fish Bakery Products Percent Percent Index Change Index Change U. S. AVERAGE 112.6 - 0.* 112.0 - 0.5 121.3 0.1 Atlanta Baltimore Boston Chicago Cincinnati 112.5 - 0.6 0 113.6 109.5 - 0.* 111.2 - 0.2 11*. 9 - 0.8 112.0 113.0 108.1 110.0 - 0.6 0 - 0.5 - 0.* 115.8 121.1 0.6 119.1 117.3 0 0.1 0 Cleveland Detroit Houston Kansas City Los Angeles 110.5 - 0.7 11*. 7 - 0.* 112.9 - 0.2 108.3 - 1.5 11*. 3 0.1 City Minneapolis New York Philadelphia Pittsburgh Portland, Ore. 112.8 - 0.1 - 0.9 121.1 109.7 - 0.9 118.* 107.8 113.1 - 0.7 - 0.* - 1.7 0.1 113.6 112.0 112.6 110.6 - 0.3 11*. 5 - 0.7 113.* 0 113.5 0.* 110.* 113.7 113.0 113.6 0 - 0.* - 0.8 0 0.* - 0.9 - 0.6 0.3 0.2 0.6 11*. 2 - 1.0 115.2 St. Louis 113.* San Francisco 112.5 Scranton 112.1 Seattle .Washington, im^ouu. -u.v. D.C. 110.9 * See footnotes on taoie 11*. 5 112.9 112.2 118.0 118.5 120.* 122.7 0.2 0 0 0.1 - 0.1 0.1 116.9 0.2 0.2 0.2 2.0 0.1 117.0 0.1 12*.8 125.7 121.5 121.6 - 0:7 127.* - 0 . 1 0.3 119.2 - 0.1 109.7 - 0.5 117.0 112.* 10*.9 10*.9 - 0.3 - 0.* - 1.7 11*. 1 - 0.6 - 0.9 Dairy Products Percent Index Change 109.0 - 0.6 108.0 109.8 - 0.1 109.9 108.1 - 1.2 - 0.7 105.8 - * . * 107.8 107.* - 0.1 112.1 101.0 - 0.5 106.6 111.5 - 0.* 112.1 - 0.1 106.6 - 0.5 - 0.6 105.0 108.6 - 1.0 107.9 - o.l - 1.7 - 0.* 110.7 10*.* 0.3 - 3.5 108.6 105.2 111.0 103.0 108.8 112.0 - 0.* o.l - 1.5 115.3 - 0.3 0.9 111.2 - 1.2 109.5 - 0.7 105.2 109.2 110.1 0.2 0.2 122.0 111.9 105.2 0.1 - 0.7 118.1 110.3 and General ilxpianatloii at end or tables. l.l - 1.8 2.2 Other Fruits & Foods at Home Vegetables Percent Index Change Index - 3.0 105.* - 0.2 105.9 107.3 118.* 109.1 111.* 103.5 107.1 112.7 105.9 11*. 1 - 0.* - 2.6 0.1 - 0.3 0 - 1.9 - 3.0 102.0 11*. 3 110.9 101.2 112.8 - 106.6 - 0.1 107.8 - 0.9 111.1 - 0.2 112.* - 0.2 0 - 2.5 101.2 109.9 107.2 U5.5 116.3 105.6 113.9 10*.* 3.* 3.5 2.5 3.7 1.0 11*. 0 119.3 119.1 117.0 115.6 113.5 109.3 11*. 5 - 0.8 120.0 - 3.2 2.6 2.* 0.2 113.* 113.0 123.6 11*.* i i23.ll 1.6 110.6 112.8 110.1 2.2 111.6 1.5 2.3 6 GENERAL EXPLANATION The Consumer Price Index (revised January 1953) measures the average change in prices of goods and services purchased by city wage-earner and clerical-worker families. The goods and services included in the index "market basket" are those required to maintain the level of living characteristic of such families in 1952 • The quantities and qualities of the items in the "market basket" remain the same between consecutive pricing periods, so that the index measures the effect of price change only on the cost of living of these families. The indexes are presented on a base of 19li7-U^*100. The index numbers thus show the average increase or decrease in prices from the 19U7-U9 average. (For convenience of users, these indexes are also shown on the base 1935-39° 100. Note that they are calculated using the new samples, items and weights). The city indexes do not indicate whether it costs more to live in one city than in another. Comparisons of city indexes show only whether prices have risen more or less in one city than another since the base period. The Bureau has been compiling the Consumer Price Index for nearly i|0 years. At four different times it has been necessary to bring the "market basket" of goods and services up to date and to modernize the samples and methods of calculation. The indexes in this report are revised as of January 1953* The "market basket" is based on extensive surveys of postwar expenditure patterns of city families, and reflects changes that have occurred since prewar in the amounts, kinds and qualities of things people buy, as well as new things that were not part of our pattern of living a few years ago. About 300 items are priced to estimate the average change in prices of all items in the "market basket.11 Among these items are all the important goods and services that wage and clerical workers buy. Prices are collected at regular intervals, and the successive prices are compared to determine price changes. The items priced are described by detailed specifications to insure that as far as possible, the same quality is priced each time, and that differences in reported prices are measures of price change only. Prices are obtained in a sample of U6 cities reure:^..; n ;,ive of all cities in the U.S., including the 12 largest urban areas with oDpul^ tions . w r million, 9 other large cities, 9 medium-sized cities, and 16 small citi* In -acr V , prices are reported by stores of various kinds and by service es tablishnents an\. i Iduals ''such as physicians and dentists) from whom wage and clerical workers buy ~jid services. Foods, fuels, rents, and a few other items are priced monthly in all cities. Prices of most other goods and services are obtained on a regular rotating pricing cycle— monthly in the 5 largest cities, every 3 months in 25 large and medium-sized cities, and every months in the 16 smallest cities. In any given month, goods and services other than foods, fuels and rents are priced in 1? or 18 cities out of the 1|6. Price collection extends over 3 or k weeks, centered on the 15th of the month. Prices for a few items (e.g., auto insurance, railroad fares) are computed from published sources* Food. Food prices are collected monthly from chain and representative independent food stores in all U6 cities, during the first 3 days of the week which includes the l5th of the month. Prices for restaurant meals are based on menus collected on the regular pricing cycle for each city as described above. Rent. Rents are obtained each month by mail from tenants of representative samples of dwellings in each of the U6 cities, and once every 2 years by personal visit, when local samples of dwellings are als<? reviewed. The rent index measures changes in rent from one period to another for the same rented dwellings, with the same facilities, furnishings and services. Other Shelter. Materials and services for house maintenance and repair are priced on the regular city pricing cycle. Prices of houses,* fire insurance rates, mortgage interest and taxes, which change only occasionally, are obtained annually or biennially, and changes estimated between pricing dates. Sales prices of houses are obtained from records of mortgages insured by the Federal Housing Administration. 7 Fuels, including Gas and Electricity, Prices prevailing on the 15th of the month are collected monthly by mail from fuel dealers and utility companies in h6 cities. All Goods and Services other than Foods, Fuels and Rents• Prices are collected in person, on the city cycle described above, from samples of representative department stores, apparel and shoe stores, housefurnishings and appliance dealers, barber shops, beauty shops, doctors, hospitals, moving picture theaters, etc. Prices for such items as newspapers, street car and bus fares, and telephone service are collected by mail. Prices of used cars are obtained from car dealers through a trade association. Price changes for all items in each city are combined in accordance with their importance in the "market basket" for that city to obtain an average price change for that city. Price changes for the It6 cities are combined for the U,S, with the use of 1950 population data. Each city is given an importance or weight proportionate to the wage-earner and clerical-worker population it represents in the index. The 12 largest cities, each weighted by its own population, when combined have about two-fifths of the total weight in the national index. Each of the 3 other city-size groups has about one-fifth of the total weight; i.e., the 9 other large cities, the 9 medium-sized cities, and the 16 small cities. City indexes are coirpiled for the 20 largest of the 1*6 cities priced for the national average, The remaining 26 cities in which prices are collected are: Evansville, Indian Garrett, Indiana Glendale, Arizona Grand Forks, N, Dakota Grand Island, Nebraska Huntington, W, Virginia Laconia, New Hampshire Lodi, California Lynchburg, Virginia Madill, Oklahoma Madison, Wisconsin Middlesboro, Kentucky Middletown, Connecticut Newark. Ohio Pulaski, Virginia Ravenna, Ohio Rawlins, Wyoming San Jose, California Sandpoint, Idaho Shawnee, Oklahoma Shenandoah, Iowa Youngstown, Ohio The present index, as described above, has been linked (spliced) to the "interim adjusted" Consumer Price Index for 31; cities, issued through December 1952, to form a continuous series back to 1913• 1/ For detailed descriptions of the Consumer Price Index, its uses and limitations, see the following: "The Consumer Price Index," A Short Description of the Index as Revised, 1953® "The Revised Consumers1 Price Index—A Summary of Changes in the Index and Suggestions for Transition from the interim Adjusted1 and 'Old Series1 Indexes to the Revised Index." Bureau of Labor Statistics Bulletin No. 1039: "Interim Adjustment of the Consumers1 Price Index." January 1951 Report: "Consumers1 Price Index and Retail Food Prices." December 1952 Report: "Consumers1 Price Index and Retail Food Prices." Monthly Labor Review articles: The Revised Consumer Price Index Adjusted Consumers1 Price Index: Interim Adjustment of Consumers1 Selection of Cities for Consumer Revision of the Consumers' Price y (February 1953)* Relative Importance of Items (June 1951). Price Index (April 1951). Expenditure Survey-1950 (April 1951). Index (July 1950). See December 1952 report, "Consumers' Price Index and Retail Food Prices." Tables of rebased "interim adjusted" indexes for the U. S. and for 20 cities are available upon request. o -o -n 39 — m o r* © CD • e M M O * <* v* — X m vi <A p 3 c 8s • > r i? 52 33 «»s 8•4 5I* » ISS 8 • °» < O