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Bureau o f Labor Statistics ,S. Department of Labor https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Expenditures of Retirees Producer Prices in 2001 Expenditures of Single Parents U.S. Department of Labor Elaine L. Chao, Secretary Bureau of Labor Statistics Lois L. Orr, Acting Commissioner The Monthly Labor Review ( usps 987-800) is published monthly by the Bureau o f Labor Statistics o f the U.S. Department o f Labor. The Review welcomes articles on the lab o r fo rce , lab o r-m an a g e m en t re la tio n s , b u sin ess c o n d itio n s , in d u stry p ro d u c tiv ity , co m p e n sa tio n , occupational safety and health, demographic trends, and other economic developments. Papers should be factual and analytical, not polemical in tone. Potential articles, as well as communications on editorial matters, should be submitted to: Editor-in-Chief Monthly Labor Review Bureau o f Labor Statistics Washington, dc 20212 Telephone: (202) 691-5900 E-mail: mlr@bls.gov Inquiries on subscriptions and circulation, including address changes, should be sent to: Superintendent of Documents G o vernm ent P rin tin g O ffice W ashington, dc 20402 Telephone: (202) 512-1800 Subscription price per year— $45 domestic; $63 foreign. Single copy— $13 domestic; $18.20 foreign. Make checks payable to the Superintendent of Documents. Subscription prices and distribution policies for the Monthly Labor Review ( issn 0098-1818) and other government publications are set by the Government Printing Office, an agency o f the U.S. Congress. The Secretary of Labor has determined that the publication of this periodical is necessary in the transaction o f the public business required by law of this Department. Periodicals postage paid at Washington, dc , and at additional mailing addresses. U nless stated o th erw ise, a rticles ap p earin g in this publication are in the public domain and may be reprinted without express permission from the Editor-in-Chief. Please cite the specific issue of the Monthly Labor Review as the source. Information is available to sensory impaired individuals upon request Voice phone: (202) 691-5200 Federal Relay Service: 1-800-877-8339. P ostmaster : Send address changes to Monthly Labor Review, U.S. Government Printing Office, Washington, dc 20402-0001. Cover designed by Keith Tapscott https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis MONTHLY LABOR REVIEW__________________ _____ Volume 125, Number 7 July 2002 Producer price highlights during 2001 3 The PPI for finished goods experienced its largest decline in 15 years; prices for natural gas and crude pertoleum dropped to 1999 levels William F. Snyders, Jon Weinhagen, and Amy Popick Expenditures of single parents: howdoesgender figure in? 16 For the most part, expenditures patterns are the same for both families headed by single fathers and families headed by single mothers Geoffrey D. Paulin and Yoon G. Lee Planning ahead: consumerexpenditurepatterns inretirement 38 The ‘graying’ of the population creates a need to examine the role of retirement on expenditures of various groups of retirees Geofrey D. Paulin and Abby L. Duly Departments Labor month in review Précis Book reviews Current labor statistics 2 59 60 61 Editor-in-Chief: Deborah P. Klein • Executive Editor: Richard M. Devens • Managing Editor: Anna Huffman H ill • Editors: Brian I. Baker, Richard Hamilton, Leslie Brown Joyner • Book Reviews: Roger A. Comer, Richard Hamilton, • Design and Layout: Catherine D. Bowman, Edith W. Peters • Contributors: Joshua Klick https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis The July Review This issue leads off with William F. Snyders, Jon Weinhagen, and Amy Popick’s account o f price changes at the producers’ level in 2001. Most sim ply put, p ricing was tig h t for producers last year; at the finished goods level, the Producer Price Index fell 1.6 percent overall, mostly in the energy sector. As they trace prices changes back through the intermediate and crude materials stages, not only did the index declines become bigger, they spread to food and the “core” indexes as well. The rest o f the articles are on one asp e ct or an o th er o f consum er expenditure studies. G eoffrey D. Paulin and Yoon G. Lee compare the way single parents—both male and female— spend their money. Single fem ale p a re n ts spend often substantially larger shares o f their budget on items like food and clothing, while single fathers spend larger share on things that are more discretionary. M uch o f these d ifferences reflect som ew hat h ig h er incom es for the single men. Paulin and Abby L. Duly do a similar comparison o f the spending patterns o f pre-retired (working and 55 to 64 years old) and retired (no labor income and 65 to 74 years old) persons. Again, one o f the big d ifferences across g ro u p s is in incom e. N ot very surprisingly, the pre-retired had higher total incomes, in general because they had su b sta n tia l averag e lab o r earnings. On the expenditure side, c o n c lu sio n s ab o u t the ro le o f retirement in expenditure plans were more difficult to draw, in part because o f the degree o f similarity o f pre- and p o st-re tire m en t p attern s th at was ap p a ren t w hen v aria b les such as incom e and dem ography had been accounted for. 2 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 Injuries in eatin g an d drinking places Approximately 304,000 nonfatal oc cupational injuries and illnesses occurred in the eating and drinking places industry in 1999, down from about 397,000 in 1992. Most of the onthe-job injuries and illnesses that occur in eating and drinking places tend to be relatively minor. In 1999, about a third involved lost work time, compared with almost half of injuries and illnesses for all private industry workers. However, there were 147 fatal occ upational injuries at eating and drinking places in 1999. Homicides were the leading cause of worker fatalities in the eating and drinking places industry: almost two-thirds o f fatalities were homicides in 1999. More information is available in “Occupational Hazards in Eating and Drinking Places,” by Timothy Webster, Compensation and Working Conditions. Average compensation $23.15 an hour In March 2002, employer costs for employee compensation for civilian workers in the United States averaged $23.15 per hour worked. Wages and salaries, which averaged $16.76, accounted for 72.4 percent of these costs, while benefits, which averaged $6.39, accounted for the remaining 27.6 percent. Legally required benefits were $ 1.80 per hour on average, representing the largest nonw age em ployer cost. Employer costs for insurance benefits were $1.61 per hour, paid leave benefits were $1.59 per hour, and retirement and savings benefits were 80 cents per hour. For additional inform ation see “Em ployer Costs for Employee Compensation, March 2002,” news release USDL 02-346. Publication of this news release will change to a quarterly basis beginning with June 2002 data. W om en’s earning and educaton Earnings for female full-time wage and salary workers vary considerably by educational level. In 2001, those with less than a high school diploma had median earnings of $314 per week. This compares with $784 per week for those with a college degree. Women who graduated high school but did not attend college earned $441 a week at the median, while those with some college or an associate degree earned $525. New productivity series Labor productivity—defined as output per hour—increased 3.0 percent from 1999 to 2000 in wholesale trade. This rise was below the 4 percent annual increase for the 1995-2000 period, but exceeded the 2.7percent annual growth of 1990-95. These figures are from a new productivity series for the wholesale trade industry introduced this month. In addition, there are now productivity series for durable-goods wholesale trade and nondurable-goods wholesale trade, and for all three-digit SIC (Standard Industrial Classification) industries in wholesale trade. Unit labor costs series are also now available for each of these industries. The wholesale trade sector includes establishm ents involved in selling merchandise to retailers; to industrial, commercial, institutional, farm, con struction contractors, or professional business users; or acting as brokers in purchases or sales o f m erchandise between businesses. See “ BLS Releases New Series on Productivity and Costs in Wholesale Trade Industries, 1990-2000” news release USDL 02-347. □ Producer prices, 2001 Producer price highlights during 2001 The decline o f the PPI fo r finished goods in 2001 was the largest in 15 years; prices fo r natural gas and crude petroleum fe ll back to 1999 levels William F. Snyders, Jon Welnhagen, and Amy Popick William F. Snyders, Jon Weinhagen, and Amy Popick are economists for the Producer Price Index Program, Bureau of Labor Statistics. Email: Snyders_W@bls.gov Welnhagen_J@bls.gov Poplck_A@bls.gov https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis he Producer Price Index (PPI) for Finished Goods declined 1.6 percent in 2001, the largest calendar year decrease since a 2.3percent drop in 1986. This index rose 3.6 percent in 2000, and 2.9 percent in 1999. Finished goods are commodities that are ready for sale to the fi nal-demand user, either an individual consumer or a business firm. The majority of the 2001 de cline in finished goods prices can be traced to a 17.1 -percent drop in finished energy prices. Ex cluding energy, the index for finished goods ad vanced 1.2 percent in 2001. Following a 1.7-per cent gain in the prior year, the index for finished consumer foods rose 1.8 percent in 2001. Prices for finished goods less foods and energy—a cat egory that includes both consumer goods and capital equipment—increased 0.9 percent in 2001, following a 1.3-percent advance throughout the previous 12 months. Prices for commodities at the overall crude and intermediate stages of processing also ex perienced declines for the 2001 calendar year. The PPI for intermediate materials, supplies, and components fell 4 percent in 2001, after posting a 4.1 -percent gain in 2000. Intermedi ate goods in the PPI reflect material inputs to the manufacturing process, as well as various supplies consumed in the production process. Prices for crude materials for furthering pro cessing dropped 32.5 percent, following a 35.5percent jump in the prior calendar year. Crude goods are unprocessed goods that are prima T rily outputs from mining industries and agri cultural production. Throughout 2001, energy prices turned down at both the crude and intermediate stages of pro cessing. The index for intermediate foods and feeds rose at a much slower rate in 2001 than it did in 2000. Prices for crude foodstuffs and feedstuffs turned down, after falling a year ear lier. Excluding foods and energy, the indexes for intermediate goods and crude materials posted declines. (See table 1.) Energy goods Falling prices for both natural gas and petroleumbased commodities pushed energy prices down in 2001 at all three stages of processing. The crude energy index dropped 52.9 percent, com pared with an 85.6-percent jump in 2000. This decrease was primarily the result of declining prices for natural gas and crude petroleum. Prices for energy goods at the intermediate stage of processing fell 16.9 percent, subsequent to a 19percent gain a year earlier. The indexes for jet fuels, diesel fuel, and industrial and commercial natural gas registered declines in 2001, after ris ing in the prior year. At the final stage of pro cessing, the index for finished energy goods de creased 17.1 percent, following a 16.6-percent advance in 2000. Falling prices were observed for gasoline, residential natural gas, liquefied pe troleum gas, and home heating oil. (See table 2.) Monthly Labor Review July 2002 3 Producer Prices, 2001 Table 1. Annual percent changes for major categories of the Producer Price Index by stage of processing, 1992-2001 Index 1992 1993 1994 1995 1996 1997 Finished goods.............................................. Foods ......................................................... Energy....................................................... Other.......................................................... 1.6 1.6 -.3 2.0 0.2 2.4 —4.1 .4 1.7 1.1 3.5 1.6 2.3 1.9 1.1 2.6 2.8 3.4 11.7 .6 -1.2 -.8 -6.4 0 Intermediate materials, supplies, and components........................................ Foods and feeds........................................ Energy....................................................... Other.......................................................... 1.0 -.5 .7 1.2 1.0 5.5 —4.2 1.6 4.4 —4.5 2.9 5.2 3.3 10.3 1.1 3.2 .7 2.1 11.2 -.9 Crude materials for further processing......... Foodstuffs and feedstuffs........................ Energy....................................................... Other.......................................................... 3.3 3.0 2.3 5.7 .1 7.2 -12.3 10.7 -.5 -9.4 -.1 17.3 5.5 12.9 3.7 -4.2 14.7 -1.0 51.2 -5.5 Table 2. 1999 2000 2001 0.0 .1 -11.7 2.5 2.9 .8 18.1 .9 3.6 1.7 16.6 1.3 -1.6 1.8 -17.1 .9 -.8 -1.7 -7.0 .3 -3.3 -7.3 -12.1 -1.6 3.7 -4.2 19.6 1.9 4.1 3.6 19.0 1.6 -4.0 .3 -16.9 - 1 .6 -11.3 -4.0 -23.1 0 -16.7 -11.0 -23.8 -16.0 15.3 -.1 36.9 14.0 35.5 7.4 85.6 -5.5 -32.5 -7.6 -52.9 -9.9 Annual percent changes in Producer Price Indexes for selected energy items, 1996-2001 Index 1996 1997 Finished energy goods........................................... Gasoline................................................................ Residential natural g a s ......................................... Liquefied petroleum g a s........................................ Home heating o il................................................... Residential electric power..................................... 11.7 27.1 11.2 71.4 25.0 .6 -6.4 -15.0 2.4 -29.3 -21.7 -.2 Intermediate energy goods..................................... Jet fuels................................................................ Diesel fuels........................................................... Industrial natural g a s ............................................ Commercial natural gas......................................... Natural gas to electric utilities.............................. Residuaifuel......................................................... Industrial electric power........................................ Commercial electric power.................................... 11.2 26.1 26.2 22.3 16.8 6.1 32.8 0 -.1 Crude energy materials........................................... Natural g a s ........................................................... Crude petroleum.................................................... Coal........................................................................ 51.2 92.0 35.8 -1.1 1999 2000 2001 -11.7 -33.1 -2.4 -32.6 -36.1 -2.5 18.1 74.8 .9 87.0 89.4 -.5 16.6 17.2 41.8 49.3 37.0 3.2 -17.1 -33.1 -22.1 -55.3 -42.9 3.6 -7.0 -22.3 -22.5 3.1 .9 9.3 -7.6 .5 0 -12.1 -35.8 -33.8 -9.7 -4.7 -24.3 -39.8 -1.3 -1.8 19.6 90.9 86.4 7.4 4.1 15.6 91.1 -.1 .6 19.0 42.6 39.8 91.9 56.0 83.1 29.8 4.9 4.4 -16.9 -44.3 -44.7 -36.7 -24.3 -39.9 -29.1 3.2 4.4 -23.1 -27.9 -28.3 4.9 -23.8 -17.8 -48.6 -1.2 36.9 7.9 172.0 -9.3 85.6 192.6 11.0 0 -52.9 -65.6 -42.4 10.1 Natural gas. The last 5 years have shown volatile price move ments within the natural gas market, especially looking at the years 2000 and 2001. Prices were relatively lower and more stable in 1998 compared with 1997. Throughout the 1998-99 winter heating season, the natural gas index fell, but at a smaller magnitude compared with the previous season. Mild winter weather caused less demand for consumption, and therefore resulted in higher storage levels. By the winter of 1999-2000, weather conditions continued to be much warmer than ex pected; therefore, prices remained low. Natural gas prices began to rise considerably in 2000 when the combination of decreasing supplies, high crude oil prices, and weather-related demand pushed natural gas prices to new heights. Demand for natural gas rose as consumers began switching from higher-priced crude oil to lower-priced natural gas. During the spring and early summer of 2000, supplies began to tighten, causing the price of natural gas to climb throughout the rest of the year. After surging 192.6 percent in 2000, the PPI for natural gas decreased 65.6 percent for the 2001 calendar year. Prices be 4 1998 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 1998 gan to drop significantly in February and March as milder temperatures moved into the high consumption regions, caus ing storage levels to rebound. Mild temperatures continued through October, which allowed prices to continue to decline. In November, the natural gas index shot up 56.4 percent as a result of colder weather. By the end of the year, mild weather pushed gas storage stocks to record levels, which helped push prices down again.1 For the 12 months ended in December 2001, industrial and commercial natural gas prices declined 36.7 and 24.3 percent respectively, falling to their lowest levels since May 2000. A sharp decrease in spot natural gas prices pulled gas prices substantially lower from their record highs in January 2001, when the conjunction of falling supplies, rising crude oil prices, and higher weather-related demand helped push natu ral gas prices to unprecedented heights. After an 83.1-per cent jump in 2000, the index for natural gas to electric utilities fell 39.9 percent in 2001. The index for residential natural gas decreased 22.1 percent in 2001, following a 41.8-percent gain in 2000. After January 2001—the peak of residential natural gas prices—this index declined sharply as a result of increased production levels and record supply numbers. In December 2001, residential natural gas prices were at their lowest point since May 2000. The liquefied petroleum gas (LPG) index decreased 55.3 percent in 2001, after an increase of 49.3 percent in 2000. Prices fell with the help of mild weather throughout the summer and fall of 2001. Over the last 6 years, liquefied petroleum gas prices have experienced a period of volatility. In 1996, prices increased as a cold winter season created higher demand and a large drop in inventories. By the start of 1997, however, prices began to fall and continued in a downward trend until the end of 1998. This period was marked by decreasing de mand due to warmer-than-normal temperatures, restored in ventories, higher production levels, and strong imports in the LPG market. Lower prices in the crude petroleum and natural gas markets also helped lower the LPG index for 1997 and 1998. From January 1999 until February 2001, LPG prices ral lied with rising prices for crude oil and natural gas. Petroleum-based products. Prices for crude petroleum dropped 42.4 percent in 2001, following an 11 -percent gain in 2000 and a 172-percent surge in 1999. In March of 1999, both Organization of Petroleum Exporting Countries (OPEC) and major non-OPEC member countries announced an agreement to reduce oil production, in order to bolster lackluster prices from previous years. Throughout 1999, oil prices increased dramatically, which ultimately resulted in OPEC receiving in ternational pressure to raise their output. In March of 2000, OPEC decided to raise output by 1.7 million barrels per day.2 Consequently, production from OPEC members increased throughout the year 2000. However, prices continued to climb as worldwide economic growth generated demand that out paced the increased supply. By 2001, the combination of im proved oil supplies and lower demand due to the economic recession in the United States helped bring prices down from their previous year’s level. Looking further down the pipeline for petroleum-based products, the index for jet fuels fell 44.3 percent in 2001, after advancing 42.6 percent a year earlier. From the spring of 1999 through the summer of 2000, jet fuel prices rose due to the large increase in crude oil prices during the same period. After peaking in September 2000, prices finally leveled off with the increase in inventories and began falling in the early part of 2001 as a result of declining oil prices. Starting in April, vola tile supply levels created a price roller coaster for jet fuels causing the index to jump up in May, fall in July, and rebound in early September. Following the events surrounding the September 11, 2001, terrorist attacks, prices once again dropped due to falling demand. The PPI for gasoline declined 33.1 percent, following a 17.2percent increase in 2000. Prices were relatively stable up until https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis April, when gasoline shortages caused a significant rise in prices. Refineries then greatly advanced production, pulling prices down considerably during the late spring. In response to lower prices, refineries once again adjusted and set pro duction levels lower. These production cuts, combined with a late summer surge in demand, put upward pressure on gaso line prices. Demand, however, declined due to the events of September 11th and the end of the driving season. Further more, OPEC’s inability to reduce global output resulted in an excess supply of oil in the world market, causing a substantial drop in gasoline prices. In 2001, prices for diesel fuel decreased 44.7 percent, com pared with a 39.8-percent rise in the previous year. For the first quarter of 2001, prices declined as distillate supplies in creased. By April, distillate production began to taper off because refineries shifted more of their resources to gasoline production. Hence, prices climbed in the spring. Prices were then pulled back down in the summer as a result of oversup ply. Due to the slowing of the U.S. economy, prices collapsed more rapidly in the last quarter o f2001. The downward trend in the natural gas market helped lower residual fuel prices. The index for residual fuel fell 29.1 per cent, following a 29.8-percent gain in 2000. Also adding to the downward price pressure were the events of September 11th, the contracting economy, the drop in oil prices, and unsea sonably warm temperatures. Home heating oil prices decreased 42.9 percent in 2001, compared with a 37-percent rise in the prior year. The supply of distillates remained quite low throughout the summer of 2000, and consequently put upward pressure on home heat ing oil prices. Supplies then rebounded in the beginning of October and continued through March o f2001, pulling down prices for this period. In April and May, the rising tide of gasoline prices carried other petroleum-based products along with it, including home heating oil. Prices then dropped in the summer months as supplies once again began to climb. The months of August and September saw a brief rebound in the home heating oil index resulting from increased demand. Like other petroleum-based commodities, prices then collapsed following the events of September 11th. Electric power. The PPI for residential electricity increased 3.6 percent in 2001, after rising 3.2 percent in the previous year. Subsequent to price increases in 2000, the indexes for commercial electric power and industrial electric power ad vanced 4.4 percent and 3.2 percent, respectively. Residential electricity prices continued to increase through the first half of 2001 due to the ongoing crisis in California. Contrary to predictions, the crisis in California failed to widen in the sum mer o f2001 as lower fuel costs, cooler summer temperatures, and increased conservation within the State prevented the crisis from escalating further. However, the higher prices Monthly Labor Review July 2002 5 Producer Prices, 2001 brought on by the crisis did not subside much by the end of the year. Electricity prices as a whole continued to be high due to the rate increases in California and the Pacific North west. Drought conditions in the Pacific Northwest lowered reservoirs, putting a strain on the hydroelectric power indus try found in that region. Foods and related products The producer price index for finished consumer foods ad vanced 1.8 percent in 2001, following a 1.7-percent increase in the previous year. Leading this gain, prices for fresh fruits and melons rose 24 percent during 2001. The indexes for dairy products, soft drinks, processed fruits and vegetables, and pork also rose, contributing to the overall increase. By con trast, prices for eggs for fresh use, beef and veal, and finfish and shellfish turned down in 2001, partially offsetting the rise in finished consumer food prices. (See table 3.) Prices for intermediate foods and feeds rose 0.3 percent in 2001, after increasing 3.6 percent in 2000. Most of this decel eration can be traced to the index for prepared animal feeds that fell 3.6 percent in 2001, following an 8.3-percent gain in the preceding year. The index for beef and veal also fell in the current year, after posting an increase in 2000, while prices for fluid milk products and flour rose at a slower pace in 2001 than they did in the year before. Partly offsetting the intermediate foods and feeds deceleration, crude vegetable oils; refined sugar; and natural, processed, and imitation cheese prices turned up in 2001, after falling in the prior year. The index for 1 0 3 ^ 9 confectionery materials escalated at a faster rate in 2001 than in the year before. Following a 7.4-percent increase in 2000, the index for crude foodstuffs and feedstuffs posted a 7.6-percent decline in 2001. Contributing most significantly to this deceleration, the index for slaughter cattle fell 15.1 percent in 2001, after advancing 9.1 percent in the previous year. Prices for slaughter hogs and soybeans also posted declines in the current year, after in creasing in 2000. Fluid milk, wheat, and com prices moved upward at a slower rate in 2001 than they did in 2000. Alterna tively, the indexes for fresh and dry vegetables and for fresh fruits and melons turned up in 2001. Fruits and melons. Prices for fresh fruits and melons turned up 24 percent in 2001, following a 1.3-percent drop in the pre vious year. Underlying this increase, the index for strawber ries shot up 95.7 percent in 2001, after rising 25 percent in 2000. The index for citrus fruits turned up as a result of price increases for navel oranges, lemons, and grapefruits. Price increases in 2001 were also registered for red delicious apples and pears. On the other hand, prices for McIntosh and Granny Smith apples turned down in 2001. Grains. Com prices rose 2.8 percent in 2001, after increasing 7.8 percent in the preceding year. The index for com exhibited a spike in July, rising 16.2 percent as a result of decreased supplies due to abnormally hot weather. In addition, elevated com prices for 2001 were the result of increased foreign con sumption of U.S. com due to diminished production from for- Annual percent changes in Producer Price Indexes for selected food items, 1996-2001 ----------------------- ,............... ... .. ...................................... Index 1996 1997 1998 1999 2000 2001 Finished consumer fo o ds.................... Fresh fruits and melons.................... Dairy products................................... Soft drinks......................................... Pork................................................... Fresh and dry vegetables................. Bakery products................................ Processed poultry............................. Unprocessed and packaged fis h ...... Beef and v e a l.................................... Eggs for fresh use............................. 3.4 37.2 2.4 .1 21.9 -24.3 3.6 2.6 5.1 7.4 15.0 -0.8 -8.2 4.7 -1.0 -13.6 21.6 1.1 -6.3 4.7 -5.4 -15.6 0.1 -19.0 10.7 1.9 -27.3 8.8 1.0 3.8 -3.4 -2.7 -6.2 0.8 8.2 -11.1 3.3 29.8 4.4 1.6 -3.7 8.8 10.8 -27.4 1.7 -1.3 3.2 3.6 5.0 -23.7 2.7 1.1 .6 8.2 46.3 1.8 24.0 2.3 3.0 4.7 9.7 2.1 1.4 -7.8 -4.5 -27.5 Intermediate foods and feeds............... Crude vegetable o ils ......................... Refined sugar.................................... Confectionery materials.................... Flour................................................... Prepared animal feeds...................... 2.1 -9.3 4.2 2.2 -9.0 5.4 -1.7 13.9 -4.5 -15.8 -8.2 -3.1 -7.3 -2.7 .6 -1.0 -5.6 -20.4 -4.2 -37.5 -2.2 1.7 -7.5 -2.7 3.6 -16.5 -9.6 .7 7.9 8.3 .3 15.9 6.3 15.1 4.1 -3.6 Crude foodstuffs and feedstuffs.......... Slaughter cattle................................. Slaughter h o g s .................................. Soybeans .......................................... W heat................................................ Corn................................................... Fluid m ilk............................................ -1.0 -2.5 23.2 -3.7 -19.3 -21.0 1.1 ^f.O 2.0 -21.7 1.8 -11.3 2.2 2.8 -11.0 -12.0 -76.8 -21.3 -15.0 -22.5 25.6 -.1 19.4 266.9 -17.5 -13.9 -12.4 -31.3 7.4 9.1 14.9 9.9 13.9 7.8 7.0 -7.6 -15.1 -24.9 -12.5 1.7 2.8 3.0 6 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 eign suppliers. Following July’s upsurge, com prices deceler ated through October 2001. The index for wheat posted a 1.7-percent gain for the 12 months ended December 2001, following a 13.9-percent in crease in 2000. Prices fluctuated throughout 2001; however, the yearly increase can be attributed mostly to a 9.4-percent rise in May. Wheat supplies, which were at their lowest level since 1988 due to adverse weather conditions, caused prices to increase.3 Due to planting flexibility allowed for under current Government programs, wheat crops were substituted by other crops that yielded higher returns. Soybean prices fell 12.5 percent over the past 12 months, compared with a 9.9-percent advance in 2000. In addition to declines in January, February, and April, the soybean index posted price decreases for the last 4 months o f2001. Most of this annual decline can be attributed to record supplies that exceeded 3 billion bushels in 2001.4 Soybean production in creased, “in part because the soybean loan rate has supported expected returns and because per-acre costs of fertilizer and energy inputs are lower than those of com,” according to the U SD A .5 Lower prices for soybeans led to depressed prices for pre pared animal feeds in 2001. The index for prepared animal feeds fell 3.6 percent in 2001, following an 8.3-percent gain in the prior year. U.S. feed grain production increased 4 percent in 2001 from the year before, contributing to the fall in pre pared animal feed prices.6 Meats. The PPI for slaughter livestock fell 16.7 percent in 2001, after moving up 9.8 percent in the previous year. Driv ing this downturn, prices for slaughter cattle dropped 15.1 percent over the 12 months ended December 2001, compared with a 9.1 -percent advance in 2000. This significant decrease resulted from the record numbers of cattle remaining in feed lots without bids from packing houses. Decreased demand, both foreign and domestic, could not meet the overwhelming supply of slaughter cattle in 2001. Due to reduced travel and dining in the United States throughout the fall, domestic de mand for slaughter cattle waned. Japan, which makes up ap proximately 50 percent of foreign beef exports, had reduced demand for slaughter cattle since the detection of mad cow disease (bovine spongiform encephalopathy), which had raised concern about the safety of beef products. Transmission of weakened slaughter cattle prices led to declines in beef and veal prices over 2001. The PPI for beef and veal dropped 4.5 percent in 2001, following an 8.2-percent gain in the preceding year. Excess supply due to increased slaughter numbers and weights put downward pressure on beef and veal prices. In addition, the weakened economy in the second half of 2001 reduced demand by the restaurant and hotel industry for beef products. Similar to the slaughter https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis cattle market, foreign demand dropped in 2001 due to anxiety about mad cow disease and hoof-and-mouth disease in Japan and Europe. Slaughter hog prices also exhibited a significant drop, fall ing 24.9 percent in 2001, after advancing 14.9 percent in 2000. This decline, like that of slaughter cattle prices, can be traced to reduced demand from the restaurant and hotel industry throughout the second half of 2001. Increased supplies as well as record weights of existing hogs also applied down ward pressure on slaughter hog prices. In spite of declining slaughter hog prices, the index for pork rose in 2001, although at a slower rate than it did in the prior year. Dairy products. Posting monthly price increases from March through September, fluid milk prices moved up 3 percent in 2001, compared with a 7-percent gain in the previous year. Most of this price increase can be traced to diminished sup plies as a result of inclement weather in top milk-producing States. Bad winter weather makes dairy cattle less productive and increases the cases of mastitis (inflammation of the ud der) among cattle, which also hinders their ability to produce milk. Winter weather conditions can also stop milk from arriv ing at the processor before it spoils. Excessive heat in sum mer months, especially in California, also caused stress to dairy cattle, decreasing the milk-per-cow ratio. In addition to weather problems, the tight supplies of top forage, such as high-quality alfalfa hay, added to the overall reduction of fluid milk supplies. The high prices of replacement cattle also left many dairy farms operating below capacity. At later stages of processing, dairy product prices rose 2.3 percent over the 12 months ended December 2001. The in crease in fluid milk prices, as well as energy problems in Cali fornia, the top milk-producing State, led to decreased sup plies of dairy products. The rolling blackouts and high en ergy prices in California cut milk processing times and spoiled some milk in refrigeration. Increased demand for cheese; ice cream; butter; and dry, condensed and evaporated milk prod ucts also contributed to the rise in dairy product prices in 2001. Finished goods other than foods and energy The PPI for finished goods other than foods and energy—the core index—rose 0.9 percent in 2001, after increasing 1.3 per cent in the previous year. Capital equipment prices showed no change, following a 1.2-percent gain in 2000. The index for finished consumer goods other than foods and energy in creased 1.5 percent in 2001, after rising 1.4 percent a year earlier. Monthly Labor Review July 2002 7 Producer Prices, 2001 ger cars; however, prices for heavy trucks rose. A 3.7-percent fall in the October passenger car index represented the largest monthly decline in the index since a 5.2-percent decrease in October 1972. Manufacturer incentives, including 0 percent financing, were primarily responsible for driving down light truck and passenger car prices, helping to boost U.S. automo bile sales to their second highest level on record.8 Light truck sales finished 2 percent higher in 2001 than in the prior year. Within capital equipment, the index for civilian aircraft moved up at a slower pace in 2001 than it did in the previous year. Prices for light motor trucks, metal-cutting machine tools, truck trailers, and construction machinery and equipment turned down, after increasing in 2000. The indexes for elec tronic computers and passenger cars fell more than they did in the prior year. By contrast, prices for x-ray and electromedical equipment, and for office and store machines and equipment advanced in 2001, after declining a year earlier. The communications and related equipment index fell less than it did in the previous year. Prices for pumps, compressors, and equipment, and agricultural machinery and equipment advanced at a faster rate than in 2000. The index for finished consumer goods other than foods and energy moved up 1.5 percent in 2001, after advancing 1.4 percent a year earlier. Rising prices for cigarettes, alcoholic beverages, book publishing, newspaper circulation, house hold furniture, sanitary papers and health products, pet food, and periodical circulation outweighed falling prices for light motor trucks, passenger cars, m en’s and boy’s apparel, women’s apparel, and floor coverings. (See table 4.) Electronic computers. Prices for electronic computers dropped 29.9 percent in 2001, after showing a 14.2-percent decline in the previous year. Prices fell sharply for personal computers and workstations (31.6 percent); mid-range gen eral purpose computers (34.5 percent); large-scale general purpose computers (31.2 percent); and portable computers (31.5 percent). Manufacturers of electronic computers ben efited from declining input costs in 2001, as MOS memory prices dropped 40.7 percent, MOS microprocessor prices fell 38.7 percent, and prices for computer storage devices de creased 12.9 percent. Tobacco products and alcohol. The index for tobacco prod ucts rose 12.6 percent in 2001, following a 2.3-percent gain in 2000. The majority of the increase in tobacco prices was due to a 14.1-percent jump in the index for cigarettes, which fol lowed a 1.9-percent gain in 2000. In January and May, to bacco manufacturers instituted two 14-cent-per-pack price increases to offset losses from a $206 billion legal settlement with 46 U.S. States, causing the index to rise significantly in these 2 months.9 Tobacco producers also raised prices in anticipation of a 5-cent-per-pack increase in the Federal ex cise tax on cigarettes that went into effect January 2002. Alco hol prices advanced 2.6 percent in 2001, following a 4.2-per cent rise in 2000. Accounting for the majority of this gain, the index for malt beverages increased at a 3.3-percent rate, after rising at a 4.4-percent rate in 2000. Advancing prices for grains Civilian aircraft. The index for civilian aircraft increased 3.8 percent in 2001, following a 6.7-percent gain in 2000. Prices for civilian aircraft rose throughout the majority o f2001; how ever, price increases slowed toward the end of the year, and the index declined in September and November (the index had not fallen since August 1999). The slower rate of increase for civilian aircraft prices in the latter months of 2001 resulted from declining sales, as civilian aircraft shipments fell to 3,483 in 2001, down from 3,780 in 2000.7 Within civilian aircraft, sales for general aviation aircraft and helicopters decreased, and sales for transport aircraft advanced. Motor vehicles. Prices for motor vehicles declined signifi cantly in 2001, as prices fell for both light trucks and passen | Annual percent changes in Producer Price Indexes for selected finished goods other than foods and energy, 1996-2001 1997 1996 Index 1998 1999 2000 2001 Finished goods other than foods and energy........ 0.6 0.0 2.5 0.9 1.3 0.9 Finished consumer goods less foods and energy .. Cigarettes.......................................................... Alcoholic beverages.......................................... Books................................................................ Newspapers....................................................... Sanitary papers and health products............... Men’s and boys’ apparel.................................... Passenger ca rs................................................. Light trucks....................................................... .8 3.3 3.8 3.2 4.2 2.6 .3 10.0 4.2 49.4 1.5 4.1 1.1 - .6 .6 .5 1.0 1.2 9.6 .6 1.8 1.4 1.0 - .3 1.2 .3 1.4 1.9 4.2 3.4 4.3 2.7 .2 - .7 1.8 1.5 14.1 2.6 3.4 3.2 1.6 - 1.7 - 1.6 - 3.3 .3 2.1 19.7 1.4 - 1.9 1.4 1.2 6.7 14.2 .9 - 1.3 0 3.8 29.9 -.1 Capital equipment................................................... Civilian aircraft................................................... Computers......................................................... Construction machinery..................................... Communication and related equipment............. Heavy trucks..................................................... 8 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 - -.5 - 1.1 - .8 .2 - .4 3.2 22.3 1.8 1.5 - 4.5 - - 3.3 .1 2.0 .2 2.6 3.6 - .6 .5 21.6 1.9 .8 .6 - 0 .5 26.6 1.7 - 1.1 3.9 - - - .7 - -.7 .3 in 2001 may have contributed to the rise in the malt beverage index. The indexes for wine and brandy and for distilled spir its also increased in 2001. Newspaper circulation and book publishing. In 2001, the index for newspaper circulation rose 3.2 percent, after increas ing 4.3 percent a year earlier. Price increases were observed for subscriptions and sales of both daily and weekly publica tions. The book publishing index advanced 3.4 percent, fol lowing a similar increase in 2000. Prices moved up for the publication of text books; technical, scientific, and profes sional books; general books; pamphlets; and religious books; however, prices fell for the publication of general reference books. Interm ediate industrial m aterials The PPI for intermediate materials other than foods and en ergy decelerated, falling 1.6 percent in 2001, following a 1.6percent gain in the previous year. Prices also turned down for nondurable manufacturing materials and durable manufactur ing materials. The index for construction materials showed no change after inching up in 2000. (See table 5.) Nondurable manufacturing materials. Prices for nondurable manufacturing materials dropped 5.5 percent in 2001, follow- Table 5. ing a 4.1 -percent increase in 2000. Not since 1951, when the index closed down 6.1 percent, has the nondurable manufac turing materials index fallen at such a steep rate over a calen dar year. Much of the 2001 deceleration was the result of a downturn in prices for basic organic chemicals. The indexes for nitrogenates, plastic resins and materials, paperboard, woodpulp, and paper also decreased in 2001, after advancing in the prior year. By contrast, prices for fats and oils (inedible) turned up in 2001, after falling a year earlier. Prices for phos phates declined less than they did in 2000. Prices for basic organic chemicals moved down 11.6 per cent in 2001, after rising 5.8 percent a year earlier. The index for primary basic organic chemicals decreased 29.5 percent, following a 13.4-percent gain in 2000. Intermediate basic or ganic chemical prices fell at a faster rate than they did in the previous year. Petroleum is a major input to primary basic organic chemicals, which include aromatics (not made in a refinery), liquefied refinery gases, and other basic organic chemicals, making primary basic organic chemical prices es pecially sensitive to changes in the petroleum market. In 2001, a 42.4-percent drop in crude petroleum prices coupled with weak demand put downward pressure on basic organic chemi cal prices. Price decreases were widespread within the pulp and pa per products industry in 2001. Woodpulp prices plummeted 24.3 percent, falling each month of the year with the excep- Annual percent changes in Producer Price Indexes for selected intermediate and crude materials other than foods and energy, 1996-2001 2000 2001 1.9 1.6 -1.6 4.0 6.9 2.2 15.9 12.1 13.0 2.8 4.1 5.8 44.9 2.2 14.8 10.6 4.1 -5.5 -11.6 -25.5 -9.8 -24.3 -7.0 -3.1 2.4 -2.4 4.2 8.6 1.6 -.2 10.3 .2 -.6 4.7 3.8 -.9 -6.2 -9.3 -4.0 -6.1 -2.9 -9.5 1.0 -1.9 -3.0 .1 -2.2 -4.6 -1.2 -10.1 .2 7.3 2.2 5.6 .3 3.5 10.1 2.4 23.1 .1 1.6 4.6 2.4 -14.5 .5 -27.1 0 -2.7 -4.0 -5.0 -2.4 1.7 .4 -16.0 -8.0 -10.0 -28.9 -39.9 14.0 -20.8 6.6 110.5 40.0 -5.5 30.2 4.4 -18.5 -28.8 -9.9 -46.7 -11.2 -30.2 -5.6 1996 1997 1998 Intermediate goods other than foods and energy............................................................... -0.9 0.3 -1.6 Nondurable manufacturing materials.................. Basic organic chemicals.................................... Nitrogenates....................................................... Plastic resins and materials............................... Woodpulp........................................................... Paperboard........................................................ Paper................................................................. -3.3 3.6 5.9 4.2 -33.0 -19.0 -14.2 .3 -1.7 -13.5 -2.8 4.1 5.8 3.8 -5.3 -6.4 -19.0 -13.4 -12.5 -8.0 -4.1 Durable manufacturing materials......................... Steel mill products............................................. Aluminum mill shapes......................................... Copper and brass mill shapes............................ Cement............................................................... Plywood............................................................. Building paper and b oard................................... -1.4 -1.4 -7.9 -10.6 5.0 -1.3 -5.8 0 .5 6.8 -6.5 3.5 -1.1 -2.0 -5.5 -6.5 -8.5 -11.5 5.2 4.9 -1.3 Construction materials........................................ Plastic construction products............................ Nonferrous wire and cable................................. Hardwood lumber................................................ Softwood lum ber................................................ Millwork.............................................................. Gypsum products.............................................. 1 .& -1.1 -3.1 1.6 19.6 3.5 6.6 1.2 -2.0 -2.2 7.4 -3.8 1.0 7.1 Crude nonfood materials less energy................. Raw cotton......................................................... Nonferrous metal ores........................................ Wastepaper........................................................ Iron and steel scrap........................................... -5.5 -13.0 -16.8 -1.3 -11.1 0 -11.2 -18.0 11.6 14.5 Index https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1999 Monthly Labor Review July 2002 9 Producer Prices, 2001 tions of November and December. Weak demand, resulting from a slow domestic economy, in conjunction with high sup plies of woodpulp drove down prices. Paper prices turned down 3.1 percent in 2001, following a 4.1 -percent increase in the previous year. The paper index rose in the first 4 months o f2001 in spite of falling prices for woodpulp, a major input to paper, but then showed eight consecutive decreases—more closely reflecting the decline in price for woodpulp. Within paper, the indexes for newsprint, writing and printing papers, and packaging and industrial converting paper all decreased in 2001. The index for paperboard moved down 7 percent in 2001, after rising 10.6 percent in the previous year, as prices fell for the first 11 months in 2001. Price changes for woodpulp, paper, and paperboard are closely related because woodpulp is a major input for both paper and paperboard. (See chart 1.) Prices for plastic resins and materials declined in 2001, fall ing 9.8 percent. Both the indexes for thermoplastic resins and thermosetting resins decreased, after advancing a year earlier. Falling prices for crude petroleum and the economic down turn were the most likely causes of declining prices for plastic resins and materials. Durable manufacturing materials. The index for durable manufacturing materials fell 4 percent in 2001, after increasing 0.2 percent in the prior year. Prices for aluminum mill shapes, cold rolled sheet and strip, primary aluminum (except extru sion billet), copper and brass mill shapes, and hardwood lum ber turned down, after rising in 2000. The indexes for hot rolled sheets and strip and hot rolled bars, plates, and struc tural shapes declined at a faster pace in 2001 than in the previ ous year. On the other hand, prices for building paper and board, plywood, and semi-finished steel mill products fell less in 2001 than they did a year earlier. The index for cement advanced, after moving down in 2000. Prices for steel mill products declined substantially in 2001 as the indexes for cold rolled sheet and strip; hot rolled sheet and strip; hot rolled bars, plates, and structural shapes; and semi-finished steel mill products fell 9.5, 8.2,4.3, and 0.2 per cent, respectively. Steel producers faced fierce import compe tition throughout 2001, causing the steel mill product index to decline 11 months out of the year. Domestic steel manufactur ers complained of unfair foreign competition, prompting the Bush Administration to request the International Trade Com mission to investigate whether restrictions on steel imports were needed. The index for aluminum dropped 14.5 percent in 2001, reg istering 8 monthly price declines during the year, after moving up 3.3 percent in 2000. The American Metal Market reported that primary aluminum production levels declined to a 3 3-year low in 2001, reflecting extremely weak demand conditions. In Chart 1. Paper-related indexes Index level Index level 225 225 Paperboard 200 200 Woodpulp 175 175 150 150 125 125 100 100 Jan-82 10 Jan-84 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Jan-86 Jan-88 July 2002 Jan-90 Jan-92 Jan-94 Jan-96 Jan-98 Jan-00 addition, high producer inventories contributed to falling alu minum prices in 2001. Prices for aluminum mill shapes fell 2.9 percent in 2001, following a 4.7-percent increase in the previ ous year. Decreasing aluminum prices may have been par tially responsible for the fall in the index for aluminum mill shapes. In 2001, the index for building paper and board fell 3.0 per cent, following a 9.3-percent drop a year earlier. Accounting for the majority of the decline in building paper and board prices, the hardboard, particleboard, and fiberboard product index moved down 3.3 percent. The index for plywood de creased 1.9 percent in 2001, after declining 6.2 percent in the previous year. Falling prices for softwood plywood were pri marily responsible for the drop in plywood prices. Manufac turers of softwood plywood benefited from lower prices for softwood lumber, which decreased 2.4 percent in 2001. Al though the index for plywood finished down for the year, prices exhibited a high degree of volatility, resulting from un certainty surrounding the March 31,2002, termination of the Canada-U.S. Softwood Lumber Agreement.10 Under the agree ment, Canada was entitled to unlimited access to the U.S. market without threat of trade action. Materials and Components fo r Construction. The PPI for materials and components for construction showed no change in 2001, after edging up 0.1 percent in the prior year. Falling prices for plastic construction products, nonferrous wire and cable, hardwood lumber, softwood lumber, fabricated struc tural metal products, plywood, and wiring devices offset ris ing prices for millwork, asphalt felts and coatings, switchgear and switchboard equipment, air conditioning and refrigera tion equipment, and metal valves (except fluid power). From December 2000 to December 2001, prices for plastic construction products fell 2.7 percent. Manufacturers were able to lower output prices as input costs declined. Prices for plastic resins and materials fell substantially in 2001 due to weak demand resulting from a slow economy and plummeting prices for crude petroleum. Prices for nonferrous wire and cable declined 4 percent in 2001, following a 4.6-percent increase in 2000. Within nonfer rous wire and cable, price declines for electric wire and cable, telephone and telegraph wire and cable, control and signal wire and cable, building wire and cable, apparatus wire and cordage, power wire and cable, copper and copper alloy wire and cable, aluminum wire and cable (bare), and fiber optic cable outweighed price increases for magnet wire and for appliance and flexible cord sets. Manufacturers of nonfer rous wire and cable may have been able to pass decreasing costs forward through the chain of production as prices for copper base scrap, nonferrous metal ores, and primary nonferrous metals (except precious) all declined in 2001. Over the same time period, prices for fabricated structural metal https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis products declined 0.4 percent, after increasing 0.3 percent in 2000. The index for lumber decreased 3.2 percent in 2001, after falling 9.6 percent in the previous year. Prices for hardwood lumber moved down 5 percent, following a 2.4-percent increase in 2000. After rising 10 percent in May and falling 5.9 percent in July, the index for softwood lumber decreased 2.4 percent in 2001. As mentioned in the previous section, uncertainty sur rounding the end of the Canadian-U.S softwood lumber agree ment resulted in larger than normal price swings for softwood lumber. Canadian producers, fearing retroactive tariffs on U.S. exports, limited their supplies to U.S. markets, and U.S. buyers held off purchasing in anticipation of a surge in Canadian imports. Basic industrial m aterials Prices for basic industrial materials dropped 9.9 percent in 2001, following a 5.5-percent decline in the preceding year. Contributing most significantly to this overall deceleration, the index for raw cotton plunged 46.7 percent, after advancing 30.2 percent in 2000. Prices for nonferrous metal ores, copper base scrap, and leaf tobacco turned down in 2001, while prices for wastepaper, aluminum base scrap, and pulpwood fell at a faster rate in 2001 than they did in the prior year. By contrast, the index for iron and steel scrap fell 5.6 percent in 2001, com pared with a 28.8-percent drop in 2000. Prices for softwood logs, bolts, and timber also fell at a slower pace in 2001 than they did in the previous year. The index for hardwood logs, bolts, and timber turned up in 2001. (See table 5.) Raw cotton prices dropped considerably in 2001, register ing declining monthly prices from January through October. Supplies of raw cotton increased approximately 17 percent in 2001 from the year before due to larger planting areas and increased yield. Despite the drought in the southwestern States, other areas of the Cotton Belt experienced decreased abandonment levels and increased harvested areas. Cotton exports rose in 2001; however, overall demand declined as a result of decreased U.S. cotton mill consumption. Increases in cotton textile and apparel imports, as well as the general slowdown of the U.S. economy, weakened the demand for cotton from the spinning and from the textile and apparel in dustries. The gain in supplies and reduction in demand has increased ending stocks to their highest level since 1986.11 Prices for nonferrous metal ores fell 11.2 percent in 2001, turning down from a 4.4-percent gain in 2000. The index for nonferrous scrap decreased 14.7 percent, following a 6.4-per cent drop a year earlier. Prices for both nonferrous ores and scrap declined as a result of weak demand from the automo tive, construction, and aerospace industries. This diminished consumption, which primarily affected the copper and alumi num sectors, had been sliding since 1999. However, with the Monthly Labor Review July 2002 11 Producer Prices, 2001 downturn of the U.S. economy and the effects of the terrorist attacks on September 11th, demand softened even further than had been expected. The high inventories that remained from 2000 magnified the effects of the waning demand for nonferrous metals in 2001. After dropping 18.5 percent in 2000, the PPI for wastepaper decreased 30.2 percent over the 12 months ended December 2001. The index registered declining prices for the first 6 months of 2001 due to weakened demand. Decreased over seas shipments and the weakening U.S. economy softened demand for wastepaper, while large stocks leftover from 2000 forced consumers of wastepaper to reduce orders. During the second half o f2001, prices rose minimally as demand began to increase. Iron and steel scrap prices declined at a slower rate in 2001 than in the prior year. The iron and steel scrap market experi enced another year of falling prices due to continued weak demand from the steel industry. This diminished demand was most significant in the automobile and appliances sectors that felt the effects of the weakening U.S. economy. A reduction in scrap exports from Eastern Europe— especially Russia, Ukraine, and Romania—helped to increase foreign demand for U.S. steel scrap, and kept prices from falling further in 2001. Selected service industries A majority of the service industries tracked in the PPI exhib ited advancing prices in 2001. Rising prices were registered by the following indexes: property and casualty insurance; grocery stores; offices and clinics of doctors of medicine; general medical and surgical hospitals; new car dealers; skilled and intermediate care facilities; real estate agents and manag ers; legal services; drug stores and proprietary stores; opera tors and lessors of non-residential buildings; United States Postal Service; engineering design, analysis, and consulting services; air transportation (scheduled); and home healthcare services. Alternatively, prices declined for security brokers, dealers, and investment bankers; telephone communications (except radiotelephone); travel agencies; truck rental and leas ing (without drivers); camera and photographic supply stores; catalog and mail order houses; optical goods stores; and trucking (except local) during 2001. (See table 6.) The index for property and casualty insurance moved up 3.7 percent over the 12 months ended December 2001 due partially to rising prices for private passenger automobile in surance and homeowner’s insurance. Private passenger au tomobile insurance advanced 5.9 percent in 2001, with signifi cant increases in California and Florida. In Florida, cases of automobile insurance fraud are currently being investigated as causes for rising premiums. Prices for homeowner’s insur ance rose 5.1 percent in 2001, with large gains in California, 12 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 Florida, and Texas. The gain in prices resulted from an in crease in claims surrounding mold problems that arise in warm climates after water damage. Prices for health services climbed upward in 2001, rising 3.1 percent over the 12 months. Contributing most signifi cantly to this price increase was the index for offices and clinics of doctors of medicine, which rose 2.8 percent in 2001. Medicare increased payments to physicians by approximately 4.5 percent in 2001, allowing doctors to increase prices.12 The Medicare increase affected not only direct Medicare payments to physicians, but also the payments by private payers and State Medicaid agencies that adjust contracts according to Medicare rates. This increase in the payment rate, along with a change in the Medicare payment system, caused prices for physician’s offices to advance in 2001. The index for general medical and surgical hospitals rose 2.7 percent in 2001 due to increased labor, pharmaceutical and supply expenses, and in creased liability insurance costs. The weakening economy also decreased investment returns used to subsidize hospital operating losses. Similarly to physician offices, prices for skilled and intermediate care facilities and home healthcare services rose partly as a result of increased Medicare pay ments in 2001. The grocery store index rose 5.6 percent in 2001. Margin increases were influenced by rising produce, bakery, dairy, and health and beauty care margins. On the other hand, the index for convenience food stores dropped due to falling mar gins for convenience food/gasoline stores. From December 2000 to December 2001, prices for real es tate agents and managers rose 1.6 percent. Leading this price increase, prices for real estate brokerage (residential sales) advanced 4.1 percent in 2001, due partly to an increase in the median price of existing homes—to $ 147,500 in 2001, up from $139,000 in 2000.13 This index also registered a decline in prices between the third and fourth quarters o f2001, mirroring the trend of median housing prices in those quarters. The index for operators and lessors of nonresidential buildings also moved up in 2001, posting a 1.3-percent gain. Prices for the United States Postal Service advanced 7.5 percent from December 2000 to December 2001. The indexes for first class mail, periodicals (second class mail), standard class A mail (third class mail), and standard class B mail (fourth class mail) moved up in 2001 as the United States Postal Ser vice implemented rate increases in January and July. Postal rates were raised to offset large projected losses for 2001. Even after the January rate increase, the Postal Service pro jected losses of up to $2.4 billion for the year 2001, leading to the July rate hike.14 The index for security brokers, dealers, and investment bankers dropped 13.2 percent in 2001. Falling share prices in the stock market translated into lower fees for security bro kers and dealers in 2001 as the S&P 500 index declined 14.4 Percent change in Producer Price Indexes for the net output of selected service industries, 1996-20G 1 SIC code Industry Distribution: Railroads, line-haul operating...................................................... Local trucking without storage.................................................... Trucking, except local................................................................. Local trucking with storage......................................................... Courier services, except by a ir................................................... Farm product warehousing and storage...................................... Refrigerated warehousing and storage....................................... General warehousing and storage.............................................. United States Postal Service...................................................... Deep sea foreign transportation of freight.................................. Deep sea domestic transportation of freight............................... Freight transportation on the Great Lakes-St. Lawrence Seaway..................................................................................... Water transportation of freight, n.e.c.......................................... 4449 Marine cargo handling................................................................. 4491 Tugging and towing services....................................................... 4492 Air courier services..................................................................... 4513 Airports, flying fields, and airport services................................. 4581 Crude petroleum pipelines........................................................... 4612 Refined petroleum pipelines........................................................ 4613 Freight transportation arrangement............................................. 4731 Grocery stores............................................................................. 5411 Meat and fish (seafood) markets................................................ 5421 Fruit and vegetable market......................................................... 5431 Candy, nut, and confectionery stores......................................... 5441 Retail bakeries............................................................................. 5461 Miscellaneous food stores.......................................................... 5499 New car dealers.......................................................................... 5511 Drug stores and proprietary stores............................................. 5912 Liquor stores................................................................................ 5921 Sporting goods stores................................................................ 5941 Book stores................................................................................. 5942 Stationery stores........................................................................ 5943 Jewelry stores............................................................................. 5944 Hobby, toy, and game shops...................................................... 5945 Camera and photographic supply stores.................................... 5946 Gift, novelty, and souvenir shops............................................... 5947 Luggage and leather goods stores............................................. 5948 Sewing, needlework, and piece goods stores............................. 5949 Catalog and mail-order houses................................................... 5961 Automatic merchandising machine operators............................. 5962 Fuel dealers................................................................................. 598 Florists......................................................................................... 5992 Optical goods stores.................................................................. 5995 Miscellaneous retail stores, n.e.c................................................ 5999 4011 4212 4213 4214 4215 4221 4222 4225 4311 4412 4424 4432 2000-01 1996-97 1997-98 1998-99 1999-2000 1.0 .2 2.6 .6 3.8 2.0 .1 .7 0 -3.7 -.6 0.5 1.7 3.4 .5 4.2 .6 .5 2.9 0 4.7 .2 0.1 1.1 3.4 .5 3.4 5.3 1.2 2.6 2.2 22.9 1.2 1.8 4.2 6.3 1.4 4.4 1.6 1.7 3.0 0 12.8 4.8 2.3 2.8 -.4 1.0 2.6 3.3 1.2 3.0 7.5 7.4 2.1 1.4 -.4 1.2 2.2 -3.9 3.0 -3.7 1.2 -1.4 - .8 -2.2 1.8 2.8 3.1 3.0 1.4 -1.1 -.6 — - -.1 8.1 1.5 2.9 5.1 3.9 -1.7 .3 -2.8 -.1 9.8 2.6 4.1 8.3 5.8 6.1 1.0 4.5 4.7 6.9 5.2 5.0 1.0 10.0 1.0 - .1 -.5 1.1 .9 3.3 0 11.1 5.0 -2.7 5.6 2.1 1.3 3.4 3.3 15.6 3.0 6.3 1.9 8.8 -1.5 2.1 -1.6 1.0 -13.9 -1.0 1.3 -9.2 -1.5 .8 5.7 5.2 -8.9 -.6 “ - - — — “ — — — ” - - - — — “ — — — — “ ” “ — — — — — “ - 4812 4813 4832 4841 Communications: Wireless telecommunications...................................................... Telephone communications, except radiotelephone................... Radio broadcasting..................................................................... Cable and other pay television services..................................... _ -.4 3.1 4.7 _ -1.7 .8 3.7 _ -3.0 7.7 3.3 -6.1 -1.7 4.9 5.7 -1.2 -4.0 -2.3 .8 6512 6531 Real estate: Operators and lessors of nonresidential buildings..................... Real estate agents and managers.............................................. 2.2 1.4 1.2 2.6 5.7 1.5 1.3 4.6 1.3 1.6 7311 8111 8711 8712 8721 Professional, scientific, and technical: Advertising agencies.................................................................. Legal services............................................................................. Engineering design, analysis, and consulting services............. Architectural design, analysis, and consulting services............ Accounting, auditing, and bookkeeping services...................... 2.5 4.1 3.1 3.0 2.1 1.3 2.5 2.9 5.3 3.0 2.8 2.9 3.1 4.9 3.5 4.0 3.9 3.1 2.5 3.3 2.5 4.2 5.9 1.2 .6 8011 8053 8062 8063 8069 8071 8082 Healthcare: Offices and clinics of doctors of medicine................................. Skilled and intermediate care facilities....................................... General medical and surgical hospitals...................................... Psychiatric hospitals........................................... ....................... Specialty hospitals, except psychiatric...................................... Medical laboratories.................................................................... Home healthcare services.......................................................... 1.2 4.2 .5 -6.7 .6 .9 6.2 2.6 4.4 1.3 .5 2.3 .2 .5 2.1 4.0 1.8 .9 2.7 -.8 4.0 1.6 6.3 3.7 -.6 2.6 4.6 1.0 2.8 5.4 2.7 2.2 3.1 2.3 3.2 Monthly Labor Review July 2002 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 13 Producer Prices, 2001 Table 6. Continued— Percent change in Producer Price Indexes for the net output of selected service industries, 1996-2001 SIC code Industry 4512 4522 4724 6211 6311 6331 7011 7349 7361 7363 7372 7513 7514 Other: Air transportation, scheduled...................................................... Air transportation, nonscheduled................................................ Travel agencies............................................................................ Security brokers, dealers, and investment bank companies..... Life insurance carriers................................................................ Property and casualty insurance................................................ Hotels and motels........................................................................ Building cleaning and maintenance services, n.e.c.................... Employment agencies................................................................. Help supply services.................................................................. Prepackaged software................................................................ Truck rental and leasing, without drivers.................................... Passenger car rental, without drivers......................................... 1996-97 1997-98 1998-99 1999-2000 2000-01 .9 -1.6 1.5 2.5 2.6 -2.3 6.7 2.0 .3 18.6 8.1 14.6 2.0 1.1 -7.8 -13.2 1.4 3.7 .8 3.7 1.8 0 -2.6 -4.2 -1.0 - - - - - - 4.1 1.4 1.0 1.8 4.2 1.1 2.9 2.2 .9 -.9 ^1.0 - .5 13.7 - - -.3 1.1 2.8 2.6 2.2 1.8 -2.4 .3 3.8 -.6 1.1 5.7 3.9 2.4 1.2 2.4 4.5 2.8 Calculations are based on a 12-month change from December to December of indicated years. Dashes indicate index was not used in estimation, n.e.c. = not elsewhere classified. N ote: Chart 2. S&P 500 Closing points Closing points 1- 1350 T‘ 1300 1250 1200 -■ 1050 1000 4-Dec-00 2-Jan-01 1-Feb-01 1-Mar-01 2-Apr-01 1-May-01 1-Jun-01 percent during the same period. (See chart 2.) Security bro ker fees are often based on a percentage of stock prices; thus, decreasing share prices lead to lower commissions for secu rity brokers. □ 14 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 2-Jul-01 1-Aug-01 4-Sep-01 1-Oct-01 1-Nov-01 3-Dec-01 N otes______________________________________ 1 On the Internet at http://ww w.eia.doe.gov/em eu/aer/txt/tab0607.htm 2 On the Internet at http://abcnews.go.com/sections/business/DailyNews/ opec000328.htm l 3 “U .S . Corn & W heat A creage D eclin e, W hile Soybean & Cotton R ise " A g ricu ltu ra l O u tlo o k , (USDA Economic Research Service, August 2001 ). 4 “Abundant Field Crop Supplies Expected in 20 0 1 /0 2 ,” A g r ic u ltu r a l O u tlo o k , (USDA Econom ic Research Service, June-July 2001). 9 On the Internet at h ttp ://w w w .m o n ey .cn n .co m /2 0 0 1 /0 4 /2 5 /n ew s/ philipm orris/index.htm 10 On the Internet at h ttp ://w w w .d fait-m aeci.gc.ca/~ eicb /so ftw o o d / Archive/background-e.pdf 5 Ibid. 11 C otton a n d W ool S itu ation a n d O u tlo o k Y earbook 2 0 0 1 , (USDA Eco nomic Research Service). 6 F e e d S itu a tio n a n d O u tlo o k Y ea rb o o k , (USD A Econom ic Research Service, April 2001). 12 F e d e ra l R e g is te r, November 2000. 7 “2001 Year-End R eview and Forecast,” A e ro sp a c e In d u s trie s A s s o 13 National Association o f Realtors, “2001 A N ew Record, December Existing Home Sales Strong - NAR Reports,” January 25, 2002. c ia tio n . 8 “2001 auto sales were second highest ever,” M ilw a u k ee J o u rn a l Sen tinel, January 4, 2002. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 14 “P ostal M e s s,” M ay 15, 2 0 0 1 , on the Internet at h ttp :// w w w .cb sn ew s.com /stories/2001/05/15/n ation al/m ain291449.shtml W h e re are you p u b lishing y o u r re se a rc h? The Monthly Labor Review will consider for publication studies of the labor force, labor-management relations, business conditions, industry productivity, compensation, occupational safety and health, demographic trends, and other economic developments. Papers should be factual and analytical, not polemical in tone. We prefer (but do not require) submission in the form of an electronic file in Microsoft Word, either on a diskette or as an attachment to e-mail. Please use separate files for the text of the article; the tables; and charts. We also accept hard copies of manuscripts. Potential articles should be mailed to: Editor-in-Chief, Monthly Labor Review, Bureau of Labor Statistics, Washington, DC 20212, or by e-mail to mlr@bls.gov Monthly Labor Review July 2002 15 Expenditures of single parents: how does gender figure in? Regression analysis indicates that, fo r the most part, expenditure patterns are the same fo r both families headed by a single father and families headed by a single mother; among the few differences found were effects due to income, marital status, and age Geoffrey D. Paulin and Yoon G. Lee Geoffrey D. Paulin is a senior economist in the Division of Consumer Expendi ture Surveys, Bureau of Labor Statistics; Yoon G, Lee is assistant professor, Department of Human Environments, the Utah State University, Logan, Utah, The views expressed are those of the authors and do not reflect the policies of the Bureau of Labor Statistics ( bls) or the Utah State University, or the views of other bls staff members or Utah State University employees, 16 ver the last few decades, the proportion of traditional two-parent families has been declining. In 1980, married couples headed 81 percent of all family households with their own children under 18. By 1999, the figure had fallen to 72 percent.1 The change was due mostly to the growth in the number of single-par ent households. For example, in 1980, the marriedcouple households just described numbered slightly under 25 million. In 1999, the figure was slightly over 25 million, a small change.2 By con trast, households headed by a single parent grew fromjust under 6.1 million in 1980 to nearly 7.8 mil lion in 1999.3 In total, single-parent families with their own children under 18 accounted for 20 per cent of family households in 1980 and 28 percent in 1999.4 One explanation for the increase in single-par ent families is the high divorce rate in the Nation today. Between 1980 and 1999, the number of di vorced persons doubled, from 9.9 million to 19.7 million.5 Divorce undoubtedly has contributed to the increasing number of single fathers in the United States. In 1980, approximately 616,000 fam ily households with their own children under the age of 18 included a father, but no mother. By 1999, the figure had risen to 1,706,000, an increase of 177 percent.6 Similarly, over the same period, single-mother households grew from 5.4 million to 6.6 million, an increase of 21 percent.7 Put an other way, single fathers accounted for 2 percent of family households with their own children un der 18 in 1980 and 5 percent in 1999. Single moth ers accounted for 18 percent of these households Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 in 1980 and 23 percent in 1999.8 Child rearing is difficult even when two par ents are present. Yet, single mothers and single fathers face the same tasks that married parents do (for example, making sure that children are clean, clothed, and fed; helping with homework; preparing children for school; earning enough money to pay bills; disciplining children; and comforting them when they are upset), but with fewer resources: not only is there no other adult to share in the time spent with children, but in 1998 single parents received less than half the income ($24,530) that husband-and-wife families reported ($59,653).9 According to Douglas B. Downey, ample literature supports the claim that children from single-parent families are outperformed in the classroom by their counterparts from two-parent families.10 Downey reports that a leading explana tion for this phenomenon is the lower economic status of families headed by a single mother, com pared with the economic status of two-parent fami lies.11 However, he finds that, despite higher levels of education and income for single fathers com pared with single mothers,12 children in single-fa ther families do no better in school than those from single-mother families.13 Because an increasing proportion of children in the United States reside with one parent only, and because the economic status of single-par ent families remains relatively low, research on the economic status of these families is impor tant, regardless of the gender of the parent. For example, profiling the basic economic situation of families in which parents are raising children without a spouse can provide useful information for public policymakers. Furtherm ore, understanding the income sources, expenditure levels, budget shares, and characteris tics of single-parent families is useful for those who provide financial, economic, or other counseling to families headed by single parents. Moreover, given that the proliferation of single father households in the past decade was even more dramatic than that of single-mother households, and in view of the fact that single-father families grew more rapidly than either twoparent or single-mother families in the 1980s, it is important for family researchers to appreciate the heterogeneity among single-parent families.14 That is, it is useful to ascertain whether there are important differences between consumption levels and budget shares by single mothers and single fathers for vari ous categories of consumption. Literature review Expenditure patterns o f single-parent families. There is a vast literature examining single-parent families from different per spectives. Using the 1984-85 Consumer Expenditure Survey, Mark Lino examined the allocation of expenditures of single parent households.15 His findings show that these households spent 35 percent (the largest share) of their total expenditures on housing, 20 percent on transportation, and 13 percent on food at home. He also found that single-parent households spent 5 per cent of their total expenditures on entertainment, 3 percent on health care, and 2 percent on education. In another work, Lino analyzed the expenditures of single-parent families by marital status and found that the total expenditures of single-parent families maintained by a widowed parent reached $22,071, those headed by a divorced or separated parent summed to $16,426, and those maintained by a never-married parent amounted to $7,741.16 In addition, he found that the shares of total expendi tures for all categories compared in the study were similar for the divorced or separated families and the widowed families, but were substantially different for the categories of housing, trans portation, and food for never-married parents.17 In yet another article, Lino reported on factors influencing the housing, transportation, food, and clothing expenditures of single-parent households, also using data from the 1984-85 Consumer Expenditure Survey.18 He found that household size, automobile ownership (for transportation), and the gen der, age, race, education, and employment status of the single parent were significant factors affecting expenditures. Not surprisingly, he also found that the larger the family size, the greater were the expenditures on transportation and food. The following other significant socioeconomic characteristics of single-parent households were revealed in Lino’s study: (1) households headed by women spent 148 percent more on clothing than did households headed by men, all else held constant; (2) the higher the educational level of the single https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis parent, the greater were the expenditures on housing, all else held constant; and (3) whether a single-parent household re sided in an urban or a rural area had no significant effect on expenditures for housing, transportation, food, or clothing. Although Lino found that homeownership had no significant effect on housing expenditures for single-parent households, he also found that those who owned an automobile had trans portation expenditures higher than did those who did not own an automobile, all else held constant. A year later, using the 1987 Consumer Expenditure Survey, Lino examined child-rearing expenses in single-parent fami lies.19 In the database, 91 percent of single-parent households are headed by a woman. The findings indicate that child-rear ing expenses increase with the age of the child and with family income. Lino also found that single-parent households spent slightly more per child than did married-couple households in the same income group. Estimated total expenditures for the younger child in a two-child, single-parent household ranged from $3,800 to $5,650 per year for households in the lower income group and from $7,830 to $ 10,030 per year for house holds in the higher income group.20 For both income groups, the largest proportion of child-related expenditures was allo cated to housing, while the second-largest proportion was allocated to transportation. This was also the case within each income group, regardless of the age of the child. The smallest share was allocated to health care in each group. The other categories Lino considered were food; clothing; and educa tion, child care, and other expenditures, but no clear patterns emerged for these expenditures.21 Comparisons o f single- and two-parent families. Sally E. Horton and Jeanne L. Hafstrom compared differences in con sumption expenditures between families headed by a single mother (that is, families maintained by a woman without a hus band present) and two-parent families, using the 1972-73 Con sumer Expenditure Survey.22 The authors modeled total ex penditures and expenditures on six consumption categories (total food, food at home, shelter, household expenses, cloth ing and cleaning, and recreation and reading) as functions of current and permanent income.23 The major focus of the study was to examine whether families headed by a single mother would change their expenditures on selected items by the same percentage as two-parent families, given the same per centage increase in income for each type of family. The major finding was that only the two families’ expenditures for shelter differed significantly. That is, the authors estimated that mar ried couples would increase their expenditures for shelter by a larger percentage (0.60 percent), given a 1-percent increase in (current) income, than would single mothers (0.26 percent). However, the authors also found that, for each of the two types of family, a 1-percent increase in current income was associated with a 1-percent increase in expenditures for recre- Monthly Labor Review July 2002 17 Expenditures of Single Parents ation and reading.24 Lino’s study, which included single-par ent families maintained by fathers and used data from the more recent 1984-85 Consumer Expenditure Survey,25 found that families maintained by single fathers did not have different expenditure patterns for housing, transportation, or food, all else held equal, than did families maintained by single moth ers. However, Lino did find a significant gender difference in expenditures for clothing. (Families headed by single mothers spent more.) Using the 1984-86 Consumer Expenditure Survey, Maureen Boyle compared the spending patterns and income of single parents and married parents.26 Married parents, on average, had more than twice as many vehicles as single parents had, and they also had a higher rate of homeownership. Single par ents spent less than married parents for major expenditure cat egories (food, housing, transportation, and apparel), even when “per capita” expenditures were compared. However, on a per capita basis, single parents spent more than married par ents on some items, such as utilities, fuels, and public services ($545, compared with $519); babysitting and day care ($142, compared with $ 106), and clothing for boys aged 2 to 15 years ($43, compared with $33). Single parents also spent less on food away from home, entertainment, personal care, reading, personal insurance, and pensions than did married parents. However, single parents spent more on miscellaneous expend itures, which included legal fees, than did married parents. The expenditures for education, tobacco and smoking supplies, and cash contributions were not significantly different be tween single and married parents. Similarly, single parents ap peared to spend more per capita ($68) than did married parents ($6) on public transportation, but the difference was not statisti cally significant. Mohamed Abdel-Ghany and F. N. Schwenk also examined differences in consumption patterns of single-parent and twoparent families for six major expenditure categories.27 The ma jor hypothesis of their study was similar to that of Horton and Hafstrom: the consumption patterns of single- and two-parent families differ as regards major expenditure categories. How ever, Abdel-Ghany and Schwenk analyzed more recent data, obtained from the 1989 Consumer Expenditure Survey. They compared the influence of permanent income, family size, geo graphical region, race, gender, age, and education of the head of the family on the major expenditure categories. Using the Chow test for equality of the entire set of single-parent and two-parent regression coefficients, they found that the five expenditure categories of total food, food at home, household expenses, apparel, and recreation and reading had a signifi cant F-statistic. This means that the consumption patterns of the two groups with regard to those five categories were sig nificantly different. (Only expenditures for shelter were found to be essentially the same.) This finding contrasts with Horton and Hafstrom’s that only expenditures for shelter differed sig 18 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 nificantly between the two groups. The discrepancy may lie in the fact that Horton and Hafstrom compared one specific de terminant of expenditures (income), whereas Abdel-Ghany and Schwenk compared models as a whole, through the Chow test. In sum, several studies have analyzed the expenditures of single-parent families, and a number of studies have compared differences in consumption expenditures between families headed by single mothers and two-parent families. Yet, de spite the fact that single parenting has become commonplace, only limited scholarly attention has been paid to the expendi ture patterns of single fathers compared with those of single mothers. Nevertheless, the gender of single parents may play a critical role in a family’s expenditure patterns. Understanding the differential expenditures between the two sexes is impor tant, especially given the increasing number of single-father households. Indeed, one study suggests that using the char acteristics of female-headed single-parent families to repre sent all single-parent families is no longer possible, consider ing the rapid increase in the number of single-father families during the past two decades.28 The analysis in this article By comparing levels of expenditures and budget shares of single-mother and single-father households, this article exam ines whether there are differences in household consumption patterns based on the gender of the parent. If there are, such differences may translate into differences in economic well being in single-mother and single-father households, particu larly for children in those households. One reason for the aforementioned lack of attention to gen der-related differences is the absence of separate data on single-mother and single-father households. This article uses data from a nationwide survey to compare major expenditures for the two kinds of household. The data for the survey are collected from national probability samples of households in theU.S. population.29 Selected for study are 221 single-father and 1,660 single-mother families. The data. The data used in this article are from the Interview component of the Consumer Expenditure Survey. The Inter view component is a panel survey designed to collect expend iture information from families over five consecutive quarters. During each interview, the respondent is asked to recall the family’s last 3 months’ expenditures for most items listed in the survey. The first interview is used for bounding purposes— that is, to make sure that the expenditures subsequently re ported actually took place during the reference period. (For example, a family that purchased a refrigerator during the 3 months prior to the first interview should report the purchase during the first interview. If the respondent for that same fam ily then reports purchasing a refrigerator in the second inter- view, the interviewer can make sure that the respondent is not referring to the same refrigerator reported in the first inter view.) The Interview component of the Consumer Expendi ture Survey is designed primarily to collect accurate informa tion on recurring (for example, rent or insurance) and “big ticket” (for instance, automobiles or major appliances) expend itures, because outlays for such items tend to be remembered for long periods. As it turns out, the Interview component actually covers up to 95 percent of all expenditures.30 (The Interview component is also the source of Consumer Expend iture Survey data used in the works described in the previous section.) The sample that is examined in this article consists of single parents, interviewed in 1998 or 1999, who live with their own children only. That is, no other relatives or unrelated persons live with these individuals, so that no one (other than, per haps, their children) shares in or otherwise directly affects their expenditure decisions. The parents are also between the ages of 25 and 49, and their oldest child is under 18 years. The parents’ age range of 25 to 49 years is used for both a theo retical and an empirical reason. The theoretical reason is to narrow the focus to parents who are old enough to have es tablished themselves economically. That is, they are not fi nancially dependent on someone else strictly because of their age, and they are legally old enough to obtain substantial employment, to own or rent a home, to purchase, rent, or lease a vehicle, and to have been “of age” for at least a few years. In addition, although they may have children preparing for col lege or other events, the parents themselves are probably not expecting major events in their own careers, such as imminent retirement, nor are they experiencing age-related health prob lems that may have a great impact on their spending patterns. The empirical reason is that the sample for men is extremely small below age 25: during the 2 years covered in the survey, only 11 single fathers under age 25 participated. By compari son, during the same period, there were 13 single fathers be tween the ages of 25 and 27 alone. The children’s age was selected to ensure that the children would be financially de pendent on their parents. Demographic analysis. Table 1 shows the demographic composition of single parents in the sample selected for study. The vast majority is female; in fact, women outnumber men in the sample by more than 7 to 1. Obviously, women are repre sented in the single-parent category at a much higher rate than they are in the general population, and males are under represented. But this is only one of many differences across gender. Despite the deliberate selection of men and women in the same age range (25 to 49 years old), men are still 4 years older than women, on average. They also have fewer children (1.4) than women have (1.8), and about twice as many vehicles (2.1, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis compared with 0.9). It is interesting to note that although both men and women own about one automobile, on average, men have many more “other” vehicles—primarily recreational ve hicles (such as boats, campers, and motorcycles), but also trucks and vans. In addition, men are more likely than women to own at least one vehicle (91 percent, compared with 72 percent). The circumstances of single parenthood also differ dramati cally by gender. Three-fourths of all single fathers have be come single due to divorce, compared with a bit more than half (54 percent) of single mothers. The death of a spouse is equally likely for both groups (6 percent) and could be a function of age, given that both groups presumably have similar mortality rates under age 50. Single mothers are twice as likely as single fathers never to have been married, but still, a substantial pro portion of the fathers—nearly 1 in 5—has never been married. Race and ethnicity play an interesting role in this analysis. Of all interviews conducted in 1998-99, 11.2 percent involve families whose reference person is black, and 8.5 percent report Hispanic ethnicity.31 However, in the distribution by gender among single parents, blacks are overrepresented (30.7 percent of women and 13.1 percent—only a slight overrepresentation— of men). In contrast, Hispanic men are underrepresented (5.4 percent), although Hispanic women also are overrepresented (13.7 percent). Single fathers are much more likely than single mothers to own their homes. In fact, the numbers are almost exactly oppo site with regard to owning and renting: nearly two-thirds of single fathers (64 percent) own their homes, while nearly twothirds of single mothers (63 percent) rent their homes. Like income, homeownership is an important measure of economic well-being. For example, because owners can build equity in their property, they have greater access to loans in case of emergency or even planned-for events, such as their children’s education. Income. Income is an important measure of the ability of parents to provide basic goods and services for their children. Table 2 shows that there are large differences in income be tween single fathers and single mothers, at least for complete reporters.32 The income distribution by gender is quite different for single mothers and single fathers. Men are underrepresented in the two lowest quintiles, with slightly more than one-fourth of single fathers reporting incomes placing them there. By contrast, five-eighths of single mothers are found in that part of the distribution. Single fathers also are about 3 times as likely (47 percent) to appear in the highest two quintiles than are single mothers (15 percent). Similarly, single fathers report almost twice as much in come ($44,634) as do single mothers ($23,188). Also, while single fathers report more income from employment (wages Monthly Labor Review July 2002 19 Expenditures of Single Parents ^ D e m ° 9 ra p h ic c h a ra c te ris tic s o f s in g le p a re n ts , C o n s u m e r E x p e n d itu re In te rv ie w S urvey, 19913-99 ___________________________________________________________ Single parents Variable Men Women Number of consumer units (sample size).......................... Characteristics of consumer units: Age of reference person....................................... Average number per consumer unit: Persons........................................................... Children underage 1 8 ....................................... Earners............................................................. Vehicles....................................................... Automobiles.............................................. Other vehicles1................................................... Rooms other than bedrooms........................................ Bedrooms................................................. Bathrooms and half baths......................................... Percent distribution: Marital status of reference person: Divorced........................................................ Widowed................................................... Never married.................................................... Age of oldest child: Under 6 years.......................................................... 6 to 11 years.............................................................. 12 to 17 years................................................. Housing relation: Homeowner....................................................... With mortgage.................................................... Without mortgage.............................................. Renter.............................................................. Race of reference person: B lack.......................................................................... Ethnic origin of reference person: Hispanic................................................................. Education of reference person: Less than high school graduate........................... High school graduate.............................................................. Attended college (did not graduate)2 ................................... College graduate..................................................... Number of earners: No earners................................................ One earner.................................................... Two or more earners........................................................ Earner composition: Reference person only................................................. Reference person and at least one child.................................. Child(ren) only................................................. No earners........................................................... Occupation of reference person: Wage and salary earners........................................... Manager or professional................................................. Technical/sales...................................... Service............................................................. Laborer/operator.............................................. Self-employed..................................................... Not working........................................................... Taking care of home or fam ily........................................ Retired, unemployed, and other not working................................. Region of residence: Northeast......................................................... Midwest................................................. South............................................................ W est.............................................................. Degree of urbanization: Rural..................................................................... At least one vehicle owned..................................... 11ncludes truck or van; motorized, trailer-type, or attachable camper; motor cycle, motor scooter, or moped; boat, with or without motor; trailer (other than 20 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 /-statistic (absolute value) 221 1,660 39.7 35.3 10.60 2.4 1.4 1.2 2.1 .9 1.2 2.8 1.8 1.0 .9 .8 .2 9.77 9.77 5.80 10.78 2.59 9.59 3.2 2.7 1.6 2.8 2.6 1.5 4 33 1 61 2.68 75.1 6.3 18.6 54.3 6.4 39.3 7.7 33.9 58.4 16.2 34.9 48.9 63.8 52.5 11.3 36.2 37.2 28.6 8.6 62.9 13.1 30.7 5.4 13.7 10.0 29.0 32.6 28.5 16.5 34.8 33.4 15.2 1.8 82.4 15.8 14.9 74.6 10.5 81.9 15.8 .5 1.8 73.6 10.4 1.0 14.9 85.5 32.1 17.2 7.2 29.0 12.2 2.3 .5 1.8 80.6 21.1 33.3 16.7 9.5 3.4 16.0 10.9 5.1 20.8 24.0 24.9 30.3 14.5 25.7 34.5 25.4 8.6 91.4 6.4 72.1 camper type); private plane; and other vehicles. 2 Includes those who earned an associate-of-arts (AA) degree. and salaries or self-employment) and savings and investment (interest, dividend, rental, and other property income), single mothers report much more income from assistance sources (for example, unemployment, workers’ compensation, public assistance, alimony, and child support). Whereas, on average, about 1 percent of single fathers’ total income comes from assistance sources, nearly 18 percent of single mothers’ total income comes from these sources. There are several factors that may explain these differ ences. First, as shown in table 1, although the average num ber of earners is similar for single fathers (1.2) and single moth ers (1.0), the likelihood of having at least one earner is quite different: less than 2 percent of consumer units headed by single fathers have no earner, compared with 15 percent of consumer units headed by single mothers.33 Also, families headed by single fathers are more likely to have multiple earners (16 percent) than are families headed by single moth ers (11 percent). Second, single fathers have a higher level of educational attainment than single mothers. About 61 percent of single fathers have at least attended college, compared with about 49 percent of single mothers. Similarly, 1 in 6 single mothers has not graduated high school, compared with 1 in 10 single fathers. Lower levels of education may also explain lower in comes for single mothers. Expenditure patterns. Given differences in income, it is not surprising that single fathers spend more each quarter on many items, such as shelter and utilities, than do single mothers. Even so, the two genders spend about the same on a large number of items. According to table 3, single mothers spend a little bit less, on average, each quarter for food at home ($847) than do single fathers ($883).34 However, this difference is not statistically significant. Similarly, for most apparel and services, both types of family spend about the same, on average. The lone excep tion is that single mothers spend significantly more ($44) for children’s apparel than do single fathers. Expenditures for babysitting and day care are also similar by gender, and so are expenditures for public transportation, despite the fact that single mothers are less likely to have a vehicle than are single fathers, as noted earlier. Levels of expenditure are not the only important measure of spending patterns: expenditure shares—the portion of the Income sources of single parents, Consumer Expenditure Interview Survey, 1998-99 Single parents Variable Men Number of consumer units (complete income reporters only)................................. Women 177 1,347 31.3 31.6 21.7 12.1 3.3 Share of total income before taxes (complete reporters only, percent)................. Wages and salaries................................................................... Self-employment.................................................................. Interest, dividend, rental, and other property income......................................... Unemployment, workers’ compensation, and veterans’ benefits......................... Public assistance, supplemental security income, and food stam ps................. Regular contributions for support (such as alimony and child support).............. Other income...................................................................... 7.3 18.1 27.1 29.9 17.5 $44,634 37,796 6,135 203 104 87 55 254 100.0 84.7 13.7 .5 .2 .2 .1 .6 $23,188 17,835 965 115 164 1,499 1,702 908 100.0 76.9 4.2 .5 .7 6.5 7.3 3.9 Percent reporting:1 Wages and salaries.......................................................... Self-employment.................................................................... Interest, dividend, rental, and other property income......................................... Unemployment, workers’ compensation, and veterans’ benefits......................... Public assistance, supplemental security income, and food stamps................. Regular contributions for support (such as alimony and child support).............. Other income............................................................................ 91.0 13.6 28.2 6.8 4.5 5.1 6.2 82.4 5.2 7.9 3.9 29.5 33.7 11.3 Income distribution (percent in each quintile): Quintile 1 ............................................................... Quintile 2 ......................................................................... Quintile 3 .................................................................. Quintile 4 ..................................................................... Quintile 5 ...................................................................... Income before taxes............................................................... Wages and salaries.......................................................................... Self-employment........................................................... Interest, dividend, rental, and other property income.................................... Unemployment, workers’ compensation, and veterans’ benefits....................... Public assistance, supplemental security income, and food stam ps................. Regular contributions for support (such as alimony and child support).............. Other income......................................................... f-statlstic (absolute value) 7.36 7.98 2.38 .80 1.06 14.86 15.93 4.67 1 Numbers add to more than 100 percent, because some families report more than one source of income. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 21 Expenditures of Single Parents A v e ra g e q u a rte rly e x p e n d itu re s o f s in g le p a re n ts , C o n su m e r E xp e n d itu re In te rv ie w Survey, 1 9 9 8-9 9 Single parents Men Women f-statlstlc (absolute value) Average quarterly outlay........................................................................................... Food at home (less trips)..................................................................................... $9,435 883 $6,074 847 7.18 1.11 Variable Shelter and utilities (less trip s)............................................................................ 2,725 2,059 3.88 Apparel and services........................................................................................... Adults’ apparel (for members 16 years and o lder)........................................... Children’s apparel (for members 15 years and younger)................................. Footwear........................................................................................................... Other apparel and services.............................................................................. 295 109 85 40 61 315 103 129 38 45 .74 .39 3.93 .44 1.34 Transportation (less trip s ).................................................................................... New-car or -truck purchases............................................................................ Used-car or -truck purchases.......................................................................... Other vehicle purchases................................................................................... 1,558 206 668 50 3.39 2.94 1.95 Gasoline and motor o il...................................................................................... Other vehicle expenses (licenses, insurance, rentals, etc.)........................... 221 400 766 104 219 (’) 155 272 5.23 3.47 Public transportation (local, less trips)............................................................ 13 17 1.02 Health care........................................................................................................... Health insurance............................................................................................... Medical services............................................................................................... Prescription drugs............................................................................................. Medical supplies............................................................................................... 350 238 85 19 8 227 108 86 22 11 2.90 3.58 .06 .62 1.19 Entertainment and recreation............................................................................... Local entertainment.......................................................................................... Food away from home (less trips)................................................................ Fees and admissions (less trip s)................................................................. Pets, toys, and playground equipment......................................................... Other entertainment equipment and services (less trip s)........................... Reading......................................................................................................... Trips and travel................................................................................................. 1,096 858 361 96 55 322 24 238 599 474 185 51 57 161 21 125 4.72 4.85 6.50 3.80 .15 2.35 1.18 1.87 Miscellaneous child-related expenditures............................................................ Personal-care products and services.............................................................. Babysitting and day care.................................................................................. 191 53 138 226 65 161 1.12 2.16 .73 Personal insurance and pensions....................................................................... Life and other insurance................................................................................... Pensions and Social Security.......................................................................... 920 70 850 415 39 377 8.35 3.47 7.96 All other outlays................................................................................................... 1,417 620 3.44 Alcohol (less trips)............................................................................................ 90 23 6.10 Housing upkeep................................................................................................ Domestic services......................................................................................... Other household expenses........................................................................... Household furnishings and equipment......................................................... 283 11 22 249 248 27 17 204 .64 3.64 1.45 .85 Education.......................................................................................................... 98 77 .63 Tobacco and smoking supplies......................................................................... 97 53 3.72 Cash contributions (including alimony and child support)................................ 568 52 2.53 Miscellaneous outlays...................................................................................... 281 167 1.51 ' No data reported. average dollar allocated to a particular expenditure category— also are important. One of the most famous applications in economics is known today as Engel’s law. In 1857, Prussian economist Ernst Engel found that as income increases, the share of income allocated to food decreases. The implication of this finding is straightforward: essentially, there are some goods and services that all persons must consume to survive, but the quantity needed is limited; therefore, as income in creases, less and less of it needs to be allocated to these items, and more of it is available for spending on other items. Thus, 22 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 families that allocate larger portions of their income to basic items like food have less to spend on “electives” such as entertainment. With Engel’s law in mind, shares analysis may give a more meaningful description of family expenditure pat terns than can levels alone. For example, as noted, families headed by single mothers spend less for food at home than do those headed by single fathers, although the difference is not statistically significant. However, the share of total outlays is greater for the single mother families by nearly 5 percentage points.35 (See table 4.) Similarly, spending for children’s apparel by families headed by single mothers exceeds spending by families headed by single fathers by about 52 percent; however, the share of total expenditures allocated to children’s apparel in single-mother families is double (2 percent) the share spent in single-father families (1 percent). And again, despite similar levels allocated to babysitting and day care, families headed by single mothers allocate nearly double the share (2.7 percent) that families headed by single fathers allocate (1.5 percent). Finally, total spending for shelter and utilities by single fathers accounts for less than 3 of every 10 dollars spent, whereas shelter and utilities accounts for 3 of every 9 dollars spent (that is, onethird of total expenditures) by single mothers. For goods and services that are more “discretionary” in nature, such as recreation, the reverse obtains: shares are closer, but expenditures by women are much smaller. For ex ample, single fathers allocate 9 percent of their total expendi tures to food away from home, compared with 8 percent by single mothers. However, single mothers actually spend about one-half ($185) of the amount that single fathers spend on this item ($361) each quarter. And the same holds true for fees and admissions: both groups allocate about 1 percent of their total expenditures to these items, but the households headed by women again spend about half ($51) of what those headed by men spend ($96). Methodology: regression analysis So far, several differences in expenditure patterns have been observed for single-father and single-mother families. But at the same time, several demographic differences have been observed. Perhaps more important, large differences in income and total spending are evident. Therefore, it is impossible to say how much of the difference in expenditure patterns is due to the difference in gender of the single parent and how much is due to other socioeconomic phenomena. To help understand these relationships, regression analy sis is often used. In regression analysis, comparisons can be made under “ceteris paribus” assumptions—that is, all char acteristics are held equal except the one under study. In this article, then, regression analysis may help to uncover how single fathers and single mothers might allocate their expendi tures, given the same total income, age, family size, and other factors. In what follows, several items are selected for regression analysis. Some (for example, food at home; shelter and utili ties; and apparel and services) are chosen because they repre sent basic goods and services that any family or individual needs to meet the essentials of existence. Others (for instance, transportation; and babysitting and day care), while not nec essary for the preservation of life, are still goods and services that most families with children would find difficult to forego.36 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table 4. Expenditure shares of single parents, Consumer Expenditure Interview Survey, 1998-99 [In percent] Single parents Variable Men Women Average quarterly outlay................................ Food at home (less trips)............................ 100.0 9.4 100.0 13.9 Shelter and utilities (less trips).................. 28.9 33.9 Apparel and services.................................. Adults’ apparel (for members 16 years and older)............................................ Children’s apparel (for members 15 years and younger)....................... Footwear................................................. Other apparel and services....................... 3.1 5.2 1.2 1.7 .9 .4 .6 2.1 .6 .7 Transportation (less trips)........................... New-car or -truck purchases................. Used-car or -truck purchases............... Other vehicle purchases....................... 16.5 2.2 7.1 .5 Gasoline and motor o il.......................... Other vehicle expenses (licenses, insurance, rentals, e tc .).................... 2.3 12.6 1.7 3.6 (’) 2.6 4.2 4.5 Public transportation (local, less trips) .. .1 .3 Health ca re ................................................. Health insurance.................................... Medical services.................................... Prescription drugs.................................. Medical supplies..................................... 3.7 2.5 .9 .2 .1 3.7 1.8 1.4 .4 .2 Entertainment and recreation..................... Local entertainment................................ Food away from home (less trips)...... Fees and admissions (less trips)....... Pets, toys, and playground equipment........................................ Other entertainment equipment and services (less trips)........................ Reading............................................... Trips and travel....................................... 11.6 9.1 3.8 1.0 9.9 7.8 3.0 .8 .6 .9 3.4 .3 2.5 2.7 .3 2.1 Miscellaneous child-related expenditures ... Personal-care products and services .... Babysitting and day ca re ....................... 2.0 .6 1.5 3.7 1.1 2.7 Personal insurance and pensions.............. Life and other insurance....................... Pensions and Social Security............... 9.8 .7 9.0 6.8 .6 6.2 All other outlays.......................................... 15.0 10.2 Alcohol (less trips)................................. 1.0 .4 Housing upkeep..................................... Domestic services.............................. Other household expenses............... Household furnishings and equipment......................................... 3.0 .1 .2 4.1 .4 .3 2.6 3.4 Education............................................... 1.0 1.3 Tobacco and smoking supplies............. 1.0 .9 Cash contributions (including alimony and child support)................................ Miscellaneous outlays............................ 1No data reported. 6.0 .9 3.0 2.7 The remaining items (food away from home; fees and admis sions; pets, toys, and playground equipment; and trips and travel) may not be necessary to sustain life or the basic daily functioning of the family, but they represent activities that are important for other reasons. For example, families may occa sionally consume food away from home for reasons of conven- Monthly Labor Review July 2002 23 Expenditures of Single Parents ience. This category includes all food purchased at restau rants or carryouts, regardless of where it is consumed. A single parent who works long hours might find it more convenient, then, to purchase a pizza from a local establishment, rather than coming home and cooking (and thus delaying the children’s meal even longer). Moreover, the availability of food away from home may allow the parent time to earn extra in come to help purchase other goods and services for the fam ily. Similarly, the other items tested are, arguably, important for a child’s physical or mental and emotional development. For instance, a child may learn responsibility by caring for a pet, may obtain social skills by sharing games and toys with oth ers, and may get exercise from using playground equipment. Finally, taking trips and traveling may be a means of relaxation for adults, but can be opportunities for children to learn about the world outside their neighborhoods. In this analysis, one expenditure category that could easily be defined as “basic” has been purposely omitted: health care. The reason for this omission is that the results of such an analysis are not easily interpreted. In the Consumer Expendi ture Survey, it is information on total out-of-pocket expendi tures that is collected for health care items, rather than infor mation on the actual amount of health care that is consumed. That is, if a child in an “insured” family receives the same inoculations and other treatments as a child in an “uninsured” family, the actual amount of health care consumed is the same. However, the insured family might report no expenditures for health care— other than, possibly, an insurance premium— while the uninsured family would report the amount paid to Table 5. the health care professional administering the services. Fur thermore, differences in other kinds of health care expendi tures may not be clearly ascribable. For example, two families may have identical health insurance policies, but one policy may be employer sponsored and the other may not. Therefore, the health care expenditure for the employer-assisted family will be lower than that for the unassisted family. In addition, some facts about the policy are not clear. For instance, infor mation on the number of persons covered by the policy is collected in the survey, but information on the identity of each person covered is not. Thus, if one person in a single-parent family is covered by health insurance, it is not clear whether it is the parent or a child who is covered. Even if two or more persons are covered by different policies, it is possible that the policies all cover the same person. Because of these is sues, a thorough examination of health care expenditures is beyond the scope of this article. In what follows, two types of regression analysis are per formed. The method o f ordinary least squares is used to ana lyze all of the selected expenditure categories. That way, the basic relationships mentioned earlier (such as the relationship of expenditure to income) can be examined. The method of ordinary least squares works well enough for expenditures that are universally purchased, such as food at home or shel ter and utilities. However, for other items, far less than 100 percent of families report the expenditure. (See table 5.) This can be for several reasons. For example, some items, such as clothing, are reasonably durable, and it may be that the family did not need to purchase those items during the previous 3 Percent of single parents reporting selected expenditure categories, Consumer Expenditure Interview Survey, 1998-99 Single parents Variable Men Women Chl-square Average quarterly outlay........................................................................................... Food at home (less trips)....................................................................................... 100.0 100.0 100.0 99.6 (’) 0 Shelter and utilities (less trips) Homeowners....................................................................................................... Renters............................................................................................................... 100.0 100.0 100.0 99.4 (’) (’) Apparel and services: Adults’ apparel (for members 16 years and older)............................................. Children’s apparel (for members 15 years and younger)................................... 54.3 50.2 58.0 67.9 1.07 227.05 Transportation (less trips)...................................................................................... 96.4 89.9 29.72 Entertainment and recreation: Local entertainment: Food away from home (less trips).................................................................. Fees and admissions (less trips)................................................................... Pets, toys, and playground equipment.......................................................... Trips and travel................................................................................................... 91.4 66.5 43.4 36.7 81.7 47.8 44.0 25.2 212.95 227.41 .02 213.01 Miscellaneous child-related expenditures............................................................. Babysitting and day c a re ................................................................................... 20.4 29.9 28.72 1The chi-square test is invalid when 100 percent of at least one group reports the expenditure in question. 2The chi-square statistic is statistically significant at the 99-percent confidence level. Note that chi-square values between 3.84 and 6.63 are 24 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 significant at the 95-percent confidence level. By coincidence, for this set of data, all chi-square statistics are significant either at the 99-percent level or not at all. _______________________________________________________ months. Other items, such as fees and admissions or food away from home, may be infrequently purchased due to the tastes and preferences of the family itself or because the family’s income may be too low (temporarily or permanently) to afford those items on any but the rarest occasions. What ever the reason, for several items, logistic regression, or “logit” is used to predict the probability of their purchase. The logit results are then used to weight the ordinary-least-squares re sults so that a more accurate picture of the family’s spending patterns develops. If the aim is truly to measure the expected outcome for the average family, one needs to take into account the fact that the average family has a less-than-100-percent chance of purchasing several items, as well as the possibility that probability is influenced by demographics, just as the level of expenditure (once a decision is made to purchase some thing) may be so influenced. The resulting process is essen tially a modified version of the Cragg model. (See Appendix A for more information on the methodology.) The expenditure category of shelter and utilities offers a special case. Homeowners are expected, a priori, to have different expenditures than renters have for shelter and utilities, even if the dwelling is the same size and at the same location. However, each group is expected to have some expenditure for this item. In this case, logit analy sis is also used to predict the probability of renting the home. Then the method of ordinary least squares is employed in separate models for owners and renters, and the results are analyzed, comparing single mothers who own with single fa thers who own and, similarly, single mothers who rent with single fathers who rent. In addition, ordinaiy-least-squares regressions can be affected by problems such as heteroscedasticity, a condition in which the error produced in the regression is not random for the dependent variable, so that the observed values will not vary consistently around the regression line. One case in which heteroscedasticity appears is when the dependent variable is not normally distrib uted. However, if the underlying distribution is known, it is pos sible to convert the variable to something that is—or at least that approaches being—normally distributed. For example, if the data are lognormally distributed, then regressing the logarithm of the dependent variable on various characteristics should result in unbiased ordinary-least-squares estimators.37 In the analysis to be presented here, a program was run to find the appropriate Box-Cox transformation of the data. The results showed that in all cases, the fourth root was an appropriate transformation of the data. (That is, before any regression was carried out, the square root of the square root of each dependent data point was obtained; then, that fourth root was subsequently used in the regression.) The Box-Cox transformation is also used for total quarterly outlays, which are employed as a proxy for permanent income in this study. “Permanent” income is used in the regressions instead of current (that is, annual pretax) income because, ac https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis cording to the “permanent-income hypothesis,” expenditures are usually made with expectations of future earnings in mind.38 In the present situation, the distinction is particularly interesting, because, as shown in table 2, the sources of in come acquired by the two groups under study are quite dif ferent and may lead to very different expectations of future income. Other factors, such as homeownership, might also influence expectations in different ways, even if current in comes (and sources) are identical. (See the earlier section, “De mographic analysis,” for some examples.) According to the permanent-income hypothesis, total outlays reflect rational de cisions based on levels of wealth (rather than income alone) that are available to the consumer unit; therefore, such out lays serve as a better indicator of the consumer unit’s tastes and preferences for particular goods and services than does income. Most of the logit regressions contain identical independent variables, most of which are binary. These variables are used to estimate the relationship between the probability of pur chasing a given item and various characteristics, including the age of the reference person39 (3 5 to 44 years or 45 to 49 years); the reference person’s marital status (widowed or never mar ried); the number of children of the reference person (two chil dren or three or more children); the age of the oldest child (under 6 years or 12 to 17 years); homeownership (homeowner with mortgage, homeowner without mortgage, or omitted from the regression for which the probability of renting is estimated); race of the reference person (black) ; ethnic origin of the refer ence person (Hispanic); educational attainment of the refer ence person (less than high school graduate, attended col lege, or college graduate); number and composition of earners (one child or children only earn, or reference person and at least one child earn); occupational status of the reference per son (self-employed, taking care of home or family and so not working, or not working for some other reason) ; region of resi dence (Northeast, Midwest, or West); degree of urbanization of residence (family lives in a rural area); and gender of the reference person (male). (For an explanation of omitted cat egories in the preceding list, see “Control group,” later in this section.) There is one continuous variable, as noted earlier: the fourth root of total outlays, used as a proxy for permanent income. Also included is an interaction term created by multi plying the binary variable “male” by the permanent-income proxy. This interaction term allows the probability of purchase of an item to change with income at a different rate for men and women. If the coefficient of the interaction term is statistically significant, then there is a difference in the income effect for single fathers compared with single mothers. The same variables also are used in the ordinary-least-squares regressions. However, a few other variables are added. Some of these variables are model specific. For example, in the transpor tation model, a binary variable is added indicating that the con- Monthly Labor Review July 2002 25 Expenditures of Single Parents sumer unit owns no vehicles. Obviously, this would affect trans portation expenditures by cutting costs, for example, for gaso line and driver’s licenses, and possibly raising costs for public transportation, automobile rentals, and other, similar expenses. However, it is not clear a priori whether owning no vehicles would directly affect other expenditures. Similarly, in the model for shel ter and utilities for homeowners, a binary variable is included indicating that the family owns its home with no mortgage. The shelter and utilities model also has variables that account for the size of the dwelling (total number of rooms and total number of bathrooms or half baths). Both expenditures for mortgages and expenditures for rents are expected to increase with the number and size of the rooms, as are expenditures for utilities, because, presumably, more fuel and electricity are required to manage a larger dwelling. (There is more of a need for temperature control, more space to vacuum, etc.). Some variables are excluded from specific models. For example, the binary variable for “renter” is removed from all shelter and utility ordinary-least-squares re gressions, because, by definition, the value of that variable would be 0 for all families in the homeowner model and 1 for all families in the renter model. Similarly, the variable for homeowners with mortgage is excluded from both shelter and utilities regres sions, as is the variable for homeowners with no mortgage from the renters-only model. Also, as it turns out, all families who reported trips and travel had a working reference person. There fore, the binaiy variable indicating that only children work in the family is excluded from the associated regression. Finally, two sets of interaction terms are added to each of the models: male and marital status (widowers or bachelors); and male and age (men 35 to 44 years old or men 45 to 49 years old). The selection of these variables was based on a combination of intuition and empiricism. First, variables were selected for gen eral control of variance. For example, a priori, one can assume that characteristics such as the age of the reference person af fect the tastes and preferences of the family decisionmaker. (This is because, presumably, the reference person is the family decisionmaker as far as expenditures are concerned.) And simi larly, the location of the consumer unit (for example, the geo graphical region of the residence and the degree of urbanization of the surrounding area) may affect prices or the availability of goods and services, in which case they will also affect the prob ability of purchasing an item, as well as expenditure levels. At first, all binary variables were interacted with “male” to test whether any of them might be differently related to the expendi tures of single fathers compared with single mothers (for ex ample, to test whether single fathers in the Northeast spend money differently from single mothers in the Northeast). How ever, the coefficients for the interaction terms were rarely statis tically significant, so, to reduce potential problems from multicollinearity or overspecification, these variables were dropped from the models. In the logit models, only the binaiy variable “male” and the male-income interaction term were re 26 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 tained (the former to control for “general” differences by gen der, the latter, as noted, to test whether single fathers and single mothers respond differently to changes in permanent income). In the ordinary-least-squares model, the interactions for marital status, age, and number of children were retained because these variables had at least one statistically signifi cant coefficient in several models. That is, in one model, only age 35 to 44 might have a statistically significant coefficient, and in another model, only age 45 and older might, but clearly, in either case age was an important factor. Control group. As noted earlier, in order to make compari sons, it is important for “ceteris paribus” to hold; that is, “all other things” must be “held equal.” Therefore, a control group is defined for the purposes of analysis. In this article, the control group consists of single mothers who are between 25 and 35 years old; are divorced; rent their homes; are neither black nor Hispanic; are high school graduates; are the sole earner in their consumer unit; work for a wage or salary; live in the urban South; own at least one vehicle; have average permanent income; and have an only child between 6 and 11 years old. These families are compared with single fathers with the same characteristics. In both cases, as regards shelter and utilities, renters are assumed to five in a dwelling containing five rooms (including bedrooms) and one bathroom, while owners are assumed to have a mort gage and live in a home with six rooms and two bathrooms if the household is headed by a woman and seven rooms and two bathrooms if the household is headed by a man. Note that single fathers have a much larger permanent in come, on average ($9,435), than single mothers have ($6,074) and that, for owners, the number of rooms differs by gender. Thi s actually violates the ceteris paribus condition, in that it is not clear how much of the differences that are observed are due purely to gender and how much are due to differences in perma nent income or the size of the dwelling. Indeed, these differences may be due to some of the underlying characteristics discussed earlier. (For example, on average, single fathers have higher lev els of education than single mothers have, but perhaps those with identical education have the same permanent income.) Nonetheless, the results of the analysis are found with the use of these differences so that the “typical” family headed by a single father can be compared with the “typical” family headed by a single mother. Even though there may actually be no family with exactly the characteristics of the “typical” family, many may at least be close. (For the reader who is interested in pure ceteris paribus comparisons, such results are presented in tables B -l and B-2 of Appendix B.) Analysis of results Probability o f purchase. In examining the probability that a certain item will be purchased, one readily finds that there is little difference between single fathers, on the one hand, and single mothers, on the other, with respect to the goods studied in this article. Some purchases may appear to be substantially different; for example, single fathers are predicted to be fairly likely to purchase fees and admissions (62-percent probability of doing so), while single mothers are predicted to have nearly even odds of purchase (53 percent). (See table 6.) Still, despite the 9-point difference in these probabilities, neither the binary variable “male” nor the interaction with permanent income has a statistically significant coefficient.40 In other words, there is no “underlying” difference between single fathers and single mothers that causes a change in the probability of their pur chasing an item, nor does a change in income affect their like lihoods of purchasing the item in any different way. In fact, in only one case examined is the difference in probability of pur chase based on any statistically significant coefficients: for apparel and services for children, the male-permanent income interaction variable is statistically significant at the 95-percent confidence level. The results of the analysis show that single mothers are much more likely (63 percent) to have purchased apparel and services for children in the 3 months prior to the survey than are single fathers (48 percent). Another set of logit results warrants analysis: probability of homeownership. As mentioned earlier, homeownership has implications for the economic well-being of the consumer unit. The regression results predict the probability of being a renter. Several factors influence this probability for single parents. For example, the older the reference person is, the less likely the family is to rent.41 This is probably because older parents have had the time to save for a downpayment on a home, to obtain (and maintain) secure employment, and other factors. They may also earn more income than their younger counter parts, but this condition is controlled for in the regression Probabilities of purchase Single parents Variable Men Women Permanent income (quarterly outlays)..... Probability of purchase (percent): Apparel and services (adults).............. $9,435 $6,074 47.1 55.9 Apparel and services (children)............ 47.6 '63.2 Transportation (less trips)..................... 98.8 99.0 Food away from home (less trip s)........ 98.3 95.2 Fees and admissions (less trip s )......... 62.5 52.8 Pets, toys, and playground equipment.. 46.5 50.3 Trips and travel...................................... 37.1 31.0 Babysitting and day c a re ..................... 28.3 36.2 1 Male-income interaction coefficient is statistically significant at the 95percent confidence level. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis analysis. By contrast, having a large family substantially in creases the probability of renting. For single fathers, the odds rise from about even (51 percent) for those with small families to probable (61 percent) for those with large families; for single mothers, the probability rises from 2 out of 3 (67 percent) for those with small families to 3 out of 4 (75 percent) for those with large families. These results are calculated for families that are identical to the control group, but that have at least three children. This is again probably a “savings” effect, al though the data do not include information on how long the existing family structure has prevailed. Still, the presence of two (or more) additional children presumably adds to a family’s expenditures, but not to its income. Marital status also plays an important role. Single-parent wid ows and widowers are less likely to rent than divorcees, but those who have never been married are more likely to rent. This may be because in the first case, when there was a spouse present, the family decided to purchase a home. In the event of the death of the spouse, the family would presumably still live in the home (or purchase another, rather than permanently renting). How ever, those who were never married would not have had the potential for receiving extra income, for example, to help improve the chances that their request for a loan would be approved. Education is also related to homeownership. For instance, college graduates are much less likely than others to rent their homes, and although the coefficient for those who did not graduate from college is not statistically significant, the coef ficient for those who did not graduate from high school is large (about one-half the size of the three-or-more children coefficient, which has already been shown to have a profound effect on the probability of renting), and the coefficient for those who have had some college is fairly small, indicating little difference in the probability of renting (even if it were statistically significant). Assuming that the income of a hypo thetical college graduate is the same as that of a nongraduate, it may be that the college graduate is more aware than the nongraduate is of issues such as tax benefits and the accumu lation of assets that accrues to homeowners. In addition, there is strong evidence pointing toward under lying differences between single fathers and single mothers in respect of the decision to own a home. Both the binary vari able “male” and the male-permanent income interaction have statistically significant coefficients, albeit of opposite sign. The coefficient on “male” is negative, indicating that something inherent in single fathers makes them less likely to rent than single mothers. However, the male-income interaction effect is positive. When summed with the permanent-income “main effect” (that is, the coefficient on permanent income before any interaction has been performed), the income effect for men is found to be negative, but not statistically significantly differ ent from zero, according to a chi-square test. This means that while there is a strong (negative) income effect for women Monthly Labor Review July 2002 27 Expenditures of Single Parents regarding the probability of renting, the income effect for men may be negligible. To phrase it more simply, the data suggest that the probability of renting declines for single mothers as their income increases, and while the probability of renting also declines with income for single fathers, it does so at a lesser rate; in fact, for single fathers, the choice to own a home may be independent of their level of income. Put yet another way, because the coefficient of “male” is negative and signifi cant, single fathers with low levels of income will have a lower probability of renting than will single mothers with the same income. However, because single mothers have a stronger (negative) income effect, eventually they will have a lower probability of renting than will single fathers with similar in comes. Given this finding, it is not surprising that if the “typi cal” single father and single mother are compared (that is, the fathers have higher permanent income ($9,435 versus $6,074, quarterly), but the other characteristics are held to be the same), the mothers have a much greater probability of renting, as noted earlier (67 percent, compared with 51 percent). However, it turns out that the probability functions cross at the level of permanent income associated with “typical” single-father families. That is, for single mothers with the same permanent income as “typical” single fathers ($9,435), the probability of Chart 1. renting is, coincidentally, identical across the two genders. Nevertheless, if the men are compared with the women by reducing the men’s family income so that it is equal to the women’s family income ($6,074), then the men are still sub stantially less likely (55 percent) to rent than the women (67 percent). (See Appendix B, table B-3.) The two probability functions are shown in chart 1. Ordinary-least-squares results. Unlike the logit results, in which only one expenditure examined (apparel and services for children) was found to have a statistically significant dif ference for single fathers and single mothers, several items exhibit such differences when the predicted expenditures are examined.42 One-third of the expenditure categories examined with the logit regression (food at home; apparel and services for adults; and pets, toys, and playground equipment) show statistically significant differences across genders in both the intercept and the income effect. For food away from home, the coefficient “male,” but not the male-income interaction coeffi cient, is statistically significant. Further, when the separate housing regressions are examined, it turns out that expendi tures for shelter and utilities do not differ by gender for own ers, but do differ for renters. In each of these cases, including Predicted probability of renting, by income, single fathers and single mothers Permanent income (quarterly data) 28 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 shelter and utilities for renters, the income effect is smaller for men than for women. Despite the smaller income effect, single fathers are pre dicted to spend more than single mothers for all expenditures with a statistically significant difference in the income effect, except for rent. (The resulting expenditure for shelter and utili ties is substantially smaller for single fathers, who are pre dicted to spend more than two-thirds—69 percent—as much as single mothers for that item.) Marginal propensity to consume (MPC) and elasticity. Two important measures of tastes and preferences are the mar ginal propensity to consume (m p c ) and the income elasticity of a particular good or service. The m p c describes how ex penditures would change if a consumer unit’s permanent in come were to increase by 1 dollar; elasticity describes how expenditures would change if a consumer unit’s permanent in come were to increase by 1 percents These quantities can be more enlightening when one examines observed or predicted expenditure patterns, rather than actual levels of expenditures. The actual expenditure for a given item may differ by gender because of differences in income or other factors, as noted. Indeed, even the predicted expenditure for the item may differ by gender because of differences in income, at least in the tables examined here, for reasons described earlier. (However, the predicted expenditures, given true ceteris paribus condi tions, are shown in Appendix B.) But the m p c and income elasticity measure how important a good is to consumers by showing how much more they would purchase if given the means to do so. In the case of universally purchased goods (that is, food at home and shelter and utilities in this article), the calculation of the m p c and income elasticity is straightforward. However, for goods and services that are less frequently purchased, the prob ability of purchase must be taken into account in calculating these quantities. (See Appendix A for details in both cases.) The reason is that it is reasonable to assume that whether an expend iture takes place is a function of income, just as how much the purchase is for is a function of income. Therefore, the expected expenditure for a member of the control group is equal to the actual expenditure (if a purchase is made), weighted by the probability of incurring the expenditure. Accordingly, the tables showing m p c and elasticity calculations also show the predicted probability of purchase (which equals 100 percent in the case of universal expenditures). For most expenditures with statistically significant income differences by gender, the m p c ’ s are fairly small, ranging from 0.4 cent per additional dollar (for apparel and services for chil dren, purchased by single fathers) to 4.5 cents per additional dollar (for apparel and services for adults, purchased by single mothers). (See table 7.) The exception is shelter and utilities for renters, for which, for single fathers, the m p c is 4.6 cents https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis I P re d ic te d e x p e n d itu re s , m a rg in a l p ro p e n s itie s to c o n s u m e ( mpc ’s), a n d e la s tic itie s o f “ t y p ic a l” s in g le p a re n ts Variable Men Women Permanent Income ( ! ) ................................. $9,435 $6,074 Food at home: Probability, percent ( P ) ............................. P ' ............................................................. 100.0 0 100.0 0 E ( Y ) ........................................................... E ' ( Y ) ......................................................... ,2$826 .0237 ,2$649 .0405 MPC = P' E( Y) + P E ' ( V) ........................... .024 .041 ( l/E ( Y ) ) ........................ .27 .38 Apparel and services (adults): P ' ............................................................. 2.22E-05 4.09E-05 E ( Y ) ........................................................... E ' ( Y ) ......................................................... 1,2$514 .0216 1,2$413 .0500 MPC = P' £( V) + P E ' ( V) ........................... Elasticity = MPC x .022 .045 ( l/E ( Y ) ) ........................ .40 .66 Apparel and services (children): Probability, percent (P )........................... P' ........................................................... 247.6 9.80E-06 263.2 3.25E-05 E ( Y ) ........................................................... E ' Y ) .......................................................... $101 .0073 $94 .0120 MPC = P'E(V) + PE'(V) ........................... .004 .011 Elasticity = MPC x(//E (V ))........................ .42 .69 Transportation (less trips): Probability, percent (P )........................... P' ........................................................... 98.8 1.70E-06 99.0 1.27E-06 $1,602 .1873 $788 .1437 Elasticity = MPC x E ( Y ) ........................................................... E ' ( Y ) ........................................................ MPC = .......................... .188 .143 Elasticity = MPC x(//E( y » ........................ 1.11 1.10 Food away from home (less trips): Probability, percent ( P ) ............................. P ' ............................................................. 98.3 4.35E-06 95.2 1.48E-05 E ( Y ) ........................................................... E ' Y ) .......................................................... 1$1,217 .0523 '$572 .0510 P ' E(Y ) + P E ' (Y ) MPC = P' (V) .......................... .057 .057 Elasticity = MPC x(//E (V ))........................ .44 .61 Fees and admissions (less trips): Probability, percent (P ) ............................. P ............................................................. 62.5 2.05E-05 52.8 4.78E-05 E ’ ( Y ) ......................................................... $389 .0202 $216 .0246 MPC = P'E(Y) + PE'(Y) .......................... .021 .023 Elasticity = MPC x(//E( VO)........................ .50 .66 Pets, toys, and playground equipment (less trips): Probability, percent ( P ) ............................. P ' .............................................................. 46.5 1.17E-05 50.3 2.64E-05 E ( Y ) ........................................................... E ' ( Y ) ......................................................... 1,2$524 .0033 1,2$405 .0388 MPC = P' E( V) + P E ’ ( V) .......................... .008 .030 Elasticity = MPC x (//E(V))........................ Trips and travel: Probability, percent (P )........................... P ' .............................................................. .14 .45 37.1 1.78E-05 31.0 3.88E-05 E(Y ) + P E ' E ( Y ) ........................................................... Monthly Labor Review July 2002 29 Expenditures of Single Parents Table 7. Continued— Predicted expenditures, marginal propensities to consume ( mpc ’s ), and elasticities of “typical" single parents Variable Men Women E(Y)........................................................... E '(Y )......................................................... $933 .0979 $619 .0903 M P C = P £ (y ) + PP (V ) ........................... .053 .052 ( I I E ( Y ) ) ...................... .54 .51 Babysitting and day care: Probability, percent (P )........................... P ’ .............................................................. 28.3 1.16E-05 36.2 3.91 E-05 $273 .0110 $365 .0465 Elasticity = MPC X E ( Y ) ........................................................... E ' ( Y ) ......................................................... MPC ........................... .006 .031 ( l / E ( Y ) ) ...................... .22 .52 Shelter and utilities (owners, with mortgage):3 Probability, percent (P )............................ P ' ............................................................... 100.0 0 100.0 0 $2,589 .1513 $2,258 .2005 .151 .201 .55 .54 100.0 0 100.0 0 1,2$1,248 .0458 1,2$1,807 .2394 .046 .239 .35 .80 = P ' E (Y ) + P E '( Y ) Elasticity - MPC X E ( Y ) ........................................................... E ’ ( Y ) ......................................................... MPC - P ' E {Y ) + P B [Y ) Elasticity = MPC X ........................... ( I I E ( Y ) ) ..................... Shelter and utilities (renters):3 Probability, percent (P )............................ P' ............................................................. E ( Y ) ........................................................... E ' { Y ) ......................................................... MPC - P 'E ( Y ) + P E '( Y ) Elasticity - MPC x ........................... ( l / E ( Y ) ) ..................... 1Binary variable used to calculate this value tor men is statistically signifi cant at the 95-percent confidence level. 2 Men’s income effect used to calculate this value is statistically signifi cantly different from the women's income effect at the 95-percent confidence level. 3mpc’s and elasticities for homeowners are calculated assuming that single fathers have seven rooms and two bathrooms or half baths and that single mothers have six rooms and two bathrooms or half baths. For renters, both types of parents are assumed to have six rooms and one bathroom or half bath. Note: Values are calculated from detailed regression coefficients, with results rounded for presentation. per additional dollar. For single mothers, the mpc is 23.9 cents per additional dollar. In this example, the gap between the elasticities of single mothers and single fathers is also large: single fathers have an elasticity of 0.35, compared with 0.80 for single mothers. When single mothers are assumed to have the same level of permanent income as single fathers, the estimated elasticity for those of the mothers who rent actually increases slightly, to 0.82. For homeowners, the parameter estimate of income for single fathers is not significantly dif ferent from that for single mothers. For both genders, the estimated income elasticity is in the middle 0.50’s. This sug gests that both single fathers and single mothers who own 30 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 homes are more similar to each other with respect to housing decisions than they are to renters of the same gender. (That is, single fathers who are homeowners are different from single fathers who are renters, and single mothers who are homeowners are different from single mothers who are renters.) At the same time, single-parent renters differ substantially by gender in their expenditures. The expenditure category with the largest income elasticity is transportation. For both single fathers and single mothers, the elasticity is about 1.1. This may at first be surprising, be cause other categories, such as trips and travel, with which one might associate high elasticities a priori have elasticities less than unity. In the terminology of economists, transporta tion is a “luxury” good, while trips and travel constitute a “necessity” good.44 However, one must recall that the elastic ity measured in this article is total elasticity; that is, it is not just the elasticity for persons who purchase the good, but rather, it is the elasticity for all consumers, whether they pur chase or not, weighted by their probability of purchase. So as income rises, the increase affects purchases both indirectly (through a consumer unit’s probability of purchase) and di rectly (through affordability for those who do purchase). Note that for both single fathers and single mothers, the mpc for trips and travel for purchasers only is estimated to be about double (10 cents for men and 9 cents for women) what it is for the overall group (about 5 cents each). Thus, for purchasers, the income elasticity for trips and travel would be about double what it is for the overall group, making it larger than unity (that is, a “luxury good”) for both single mothers and single fathers. Finally, one should not confuse the significance of the dif ference of the income effect with the significance of the in come effect in general. If there is no significant difference in the income effect, it just means that there is no evidence to support the hypothesis that single fathers and single mothers have different m p c ’s, given the same level of income. How ever, it does not mean that the income effect is nonexistent for the good in question. To use a specific example, transporta tion shows no difference in the income effect across gender when either probabilities or expenditures are predicted. How ever, the mpc — 19 cents for single fathers and 14 cents for single mothers—is significantly different from 0 cents. That is, given extra income, expenditures for transportation will in crease for both genders, but not by a very different amount, ceteris paribus. a r t ic l e has e x a m in e d e x p e n d it u r e patterns for single parents. To aid in the analysis presented, demographics were compared first, followed by expenditure levels and ex penditure shares. Although many differences in the expend itures of single fathers and single mothers were found, they could be due to differences in demographic characteristics— especially income. To obtain more precise comparisons, two T his forms of regression analysis were performed: logistic (logit) regression, to estimate the probability of reporting certain items, and ordinary-least-squares regression, to estimate the marginal propensity to consume, income elasticity, and similar relationships of expenditure to various characteristics. The logit regressions showed that, although some of the characteristics that were examined definitely account for dif ferences within gender groups, there were not many differ ences across gender for single parents. That is, characteristics such as family size affect the probabilities of purchasing vari ous goods and services equally for both families headed by single fathers and families headed by single mothers. How ever, some differences were found in the ordinary-leastsquares analysis. For example, the income effect was frequently significantly different by gender, but the effects of marital sta tus and age were also different in some models. In using ordi nary-least-squares results to calculate some factors of inter est, such as marginal propensities to consume and income elasticities, it was noted that some of the differences that were found may again be due to differences in income assumed to hold for the “typical” male-headed and female-headed single parent family. However, table B-2 of Appendix B shows that even if single mothers are assumed to have the same income as single fathers, they would not substantially change the proportion of total income allocated to most goods and serv ices, as evidenced through only minimal changes in their mar ginal propensity to consume or their income elasticity. (How ever, a hypothetical increase in income would increase their expected expenditures, and in some cases, they would exceed expected expenditures by single-father-headed households by a large amount.) It may be surprising that more differences were not found in the analysis, especially in the coefficients for the interac tion terms. That is, the results show that there are differences of some sort between families headed by single fathers and those headed by single mothers, but single-father-headed families in the Northeast are not significantly different from single mother-headed families in the Northeast. The lack of evidence of differences, though, should not be interpreted to mean that there is a lack of differences themselves. It is important to remember that single fathers are still a small, but notice able, portion of the single-parent population. Therefore, it may be that differences in certain characteristics of single mothers (such as their region of residence) are not pro nounced enough to be readily seen at this time. Still, as noted earlier, single fathers are a rapidly growing group, and they have not yet been studied in great detail. Thus, further research into their expenditure patterns will be useful as their numbers increase both absolutely and relatively to the population of single mothers. □ N otes__________________________________________ 1 Statistical Abstract o f the United States: 2 0 0 0 (U.S. Bureau o f the Census, 2000), p. 58, table 68. 2 Ibid. The precise numbers were 2 4 ,9 6 1 ,0 0 0 in 1980 and 25 ,066,000 in 1999, according to table 68. 3 Ibid. The precise numbers were 6,061,000 in 1980 and 7,752,000 in 1999. 4 Ibid. 5 I b i d ., p. 51, table 53. 6 Ibid., p. 58, table 68. 7 Ibid. The precise numbers were 5,445,000 in 1980 and 6,599,000 in 1999. 8 Ibid. 9 Consumer Expenditures in 1998, Report 940 (Bureau o f Labor Statistics, February 2000), table 5. 10 Douglas B. Downey, “The School Performance o f Children From Single-M other and Single-Father Families: Economic or Interpersonal Deprivation?” Journal o f Family Issues, March 1994, pp. 129-47. 11 I b i d . , p. 130. 12 Ibid., table 1, pp. 13 9-40 . 13 Ibid., p. 144. 14 I b i d . , pp. 1 2 9 -3 0 . 15 M ark Lino, “Financial Status o f Single-Parent Households,” Fam ily Economics Review, February 1989, pp. 2 -7 . 16 M ark Lino, “ Financial Status o f Single-Parent Households Headed https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis by a N ever-M arried, Divorced/Separated or W idowed Parent,” in R. Walker (ed.), “Families in Transition: Structural Changes and Eifects on Family Life,” Proceedings o f the 1989 Pre-Conference Workshop o f the Family Economics Home Management Section o f the American Home Economics Association, pp. 1 5 1-60 . 17 D ivorced or separated parents and widowed parents each a llo cated 35 percent o f their total expenditures to housing, whereas neverm arried parents allocated 40 percent o f their total expenditures to that category. For comparison, the expenditure share for never-married par ents for transportation, 11 percent, was about h a lf that o f divorced or separated parents (21 percent) and widowed parents (22 percent). Food at home also accounted for a larger share o f the never-married parents’ total expenditures. One in 5 dollars (20 percent) went to food at home for that group, compared with 1 in 7 dollars (14 percent) for divorced or separated parents and 1 in 8 dollars (12 percent) for widowed parents. Clothing, health care, entertainment, education, child care, and “ other” expendi tures all accounted for similar shares for each type o f single parent. (See Lino, “Financial Status o f Single-Parent Households,” table 3, p. 160.) 18 M a rk Lino, “ Factors A ffe ctin g Expenditures o f Single-Parent Households,” Home Economics Research Journal, M arch 1990, pp. 1 9 1 -2 0 1 . 19 M a rk Lino, “Expenditures on a Child by Single-Parent Families,” Family Economics Review, March 1991, pp. 2 -7 . 20 The lower income group included single parents reporting less than $ 2 9 ,9 0 0 in income before taxes; the upper group reported at least $ 2 9,90 0. Lino explains that the figures are based on 1987 data for husband-wife families, approximately one-third o f which reported in come less than $2 6,00 0. Although relatively few single parents (15 percent) reported incomes more than $26,000, Lino retained that dol- Monthly Labor Review July 2002 31 Expenditures of Single Parents lar amount to facilitate comparisons between single parents and hus band-wife parents with similar income. The $29,900 was obtained from the Consumer Price Index for A ll Urban Consumers ( c p i -u ) in order to adjust the $26,000 from 1987 dollars to 1990 dollars. Apparently, Lino made this adjustment because, at the time he was writing, the 1987 data were the most recent available. (See Lino, “Expenditures on a C hild,” esp. pp. 2, 3, and 5.) 21 Ibid., table 1, p. 5. 22 Sally E. Horton and Jeanne L. Hafstrom, “Income Elasticities for Selected Consumption Categories: Comparison o f Single Female-Headed and Two-Parent Families,” Home Economics Research Journal, March 1985, pp. 2 9 2 -3 0 3 . 23 Current income was defined as income earned within a given desig nated “ recent” period— for example, this week’s income or this year’s income. Permanent income was defined as current income plus ex pected future income. 24 Specifically, they estimated that the increase in expenditures was 1.2 percent for single-parent women and 0.99 percent for married couples. Flowever, they did not find this difference statistically significant. 25 Lino, “Factors A ffecting Expenditures.” 26 Maureen Boyle, “Spending patterns and income o f single and mar ried parents,” Monthly Labor Review , March 1989, pp. 3 7 -4 1 . 27 Mohamed Abdel-Ghany and F. N. Schwenk, “Differences in Con sumption Patterns o f Single-Parent and Two-Parent Families in the United States,” Journal o f Family and Economic Issues, winter, 1993, pp. 2 9 9 -3 1 5 . 28 David J. Eggebeen and Anastasia R. Snyder, “Children in SingleFather Families in Demographic Perspective,” Journal o f Family Is sues, July 1996, pp. 44 1 -6 5 . 29 Consumer Expenditure Survey, 1996-97, Report 935 (Bureau o f Labor Statistics, September 1999), p. 257. 30 Ibid., p. 256. The report indicates that the “Interview [compo nent] collects detailed data on an estimated 60 to 70 percent o f total household expenditures. In addition, global estimates, that is, expense patterns for a 3-month period, are obtained for food and other selected items. These global estimates account for an additional 20 to 25 percent o f total expenditures.” 31 The categories defined as Hispanic in the survey are M exican, Mexican-Am erican, Chicano, Puerto Rican, Cuban, Central and South American, and other Spanish. 32 In general, complete reporters are those consumer units which provide a value for at least one major source o f income, such as wages and salaries, self-employment, or Social Security. However, even com plete reporters do not necessarily provide a full accounting o f income from all sources. 33 For the purposes o f this study, a consumer unit is defined as mem bers o f the same household related by blood, marriage, adoption, or some other legal arrangement. Also, only single-parent consumer units— that is, those with one person aged 18 or older living with his or her own children and no other persons— are examined. For convenience, the terms “fam ily” and “household” are used interchangeably with the term “consumer unit” throughout. 34 The table lists this expenditure as “less trips.” This is because food at home is included in the expenditure for “trips and travel.” The term “ food at home on trips” may sound self-contradictory, but in the Con sumer Expenditure Survey the “at home” designation refers to the type of business from which the food was purchased; that is, it distinguishes pur chases at restaurants and carryouts from purchases at supermarkets or similar establishments. Expenditures for “shelter and utilities on trips” refer to hotel or motel payments or payments for vacation homes. The other “on trips” expenditure categories are straightforward. 35 In the standard bls publications o f Consumer Expenditure Survey 32 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 data, certain items, such as mortgage principal payments, are not in cluded as expenditures. This is due to a technical definition whereby principal payments are considered an investment in housing rather than a payment for the consumption o f housing services. (A ccording to Consumer Expenditure Survey, 1996-97 [pp. 2 5 0 -5 1 ], “Mortgage prin cipal repayments are payments o f loans and are shown in Other finan cial information .” ) In contrast, the mortgage interest payment is con sidered an expenditure, because it is the price one pays for the ability to “invest” in the housing. Similarly, when vehicles are purchased, it is the total price o f the vehicle, less its trade-in value, that is recorded in the survey results, rather than the amount o f monthly payments made. In the standard published tables, this makes sense, because, on average, those who purchase a vehicle during the reference period w ill have a large expenditure recorded, while those who already own a car, but make payments on it, w ill have only the interest payments reported. There fore, on average, recent purchasers’ expenditures for new cars w ill bal ance out with payments made by those currently financing vehicles. However, in examining individual families, a large expenditure is shown for any family that purchases a new automobile, and a small expenditure is shown for any that make payments each month. In this study, the actual amount that leaves the fa m ily’s hands, including payments for mortgages and regular payments for vehicles, is analyzed. Only “true” payments for assets or liabilities (such as investments in stocks and bonds) are omitted from the analysis. Technically, this is called a “total outlays” approach; however, for convenience, the terms “outlays” and “expenditures” w ill be used interchangeably throughout the article. 36 Even a parent who does not leave home frequently may still occasionally have to hire a babysitter or day-care provider for an emer gency or to enable him- or herself to hold a job. 37 Sometimes, authors use a “double log” specification, in which case the dependent variable and a selected independent variable (frequently income in expenditure studies) are converted to logarithmic form be fore the regression is carried out. For example, Horton and Hafstrom use such a form. The “double log” specification has a dual advantage: in addition to reducing heteroscedasticity, it allows the coefficient on the transformed independent variable to be interpreted as a measure o f elasticity. In other words, i f the natural logarithm o f expenditure X is regressed on the natural logarithm o f income, and the income coeffi cient is 2.0, then, if the coefficient is statistically significant, the ana lyst can validly infer that a 1-percent increase in income is associated with a 2-percent increase in X . 38 See M ilto n Friedman, A Theory o f the Consumption Function (Princeton, n j , Princeton University Press, 1957). 39 The reference person is the first person identified when the re spondent is asked who is responsible for owning or renting the home. In this article, the reference person is assumed to be the parent in all cases. 40 See additional table, “Expenditure logit results,” on the Internet at h ttp ://w w w .b ls .g o v /c e x /c s x a rt.h tm 41 See additional table, “Housing tenure logit parameter estimates,” on the Internet at http ://w w w .b ls.g o v/cex/csxa rt.h tm 42 See additional table, “O rdinary-least-squares results,” on the Internet at h ttp ://w w w .b ls .g o v /c e x /c s x a rt.h tm 43 Horton and Hafstrom ’s findings in “Income Elasticities for Se lected Consumption Categories” are examples o f income elasticities. Their finding that a 1-percent increase in income yields a 0.59-percent increase in expenditures for shelter for married couples can be more simply stated by saying that, for married couples, the income elasticity for shelter is 0.59. Similarly, Horton and Hafstrom find that the income elasticity for single mothers is 0.25. 44 Goods with an income elasticity o f exactly unity are known as “unitary elastic.” (For example, Horton and Hafstrom found income elasticities for recreation and reading to be unitary elastic.) Goods with elasticities greater than unity are “ luxuries,” because the increase in spending is disproportionately large compared with the increase in in come. Goods with positive elasticities less than unity are “necessities,” because the increase in expenditure is disproportionately small. A ll goods with positive elasticities are considered “normal” goods, because their expenditures increase with income. There are some goods for which the income elasticity is negative— the so-called inferior goods, because their expenditure actually decreases as income increases. An example is used A ppendix A: goods: because most consumers prefer new products to used products (for example, automobiles, clothing, and furniture), but used goods usually have lower prices than new goods, it can be assumed that used goods w ill be purchased disproportionately by lower income consumers, compared with new goods. Thus, as income increases, fewer used goods are purchased. M e th o d s o f a n a ly sis B o x - C o x tr a n s f o r m a tio n s . E xp en d itu re data are n ot o ften norm ally d istrib u ted , a situ ation that can ca u se bias in regression resu lts.1 H o w e v e r , ex p en d itu re data can be tran sform ed so that th e y are a p p roxim ately n orm ally distributed. O n e m eth od that h as b een used is th e B o x - C o x t r a n s f o r m a tio n .2 P erh ap s the m ost freq u en tly cited v ersio n is Y * = ( Y X- 1)/A,, w here Y * is th e t r a n s fo r m e d v e r s io n o f th e v a r ia b le , Y d e n o te s ex p en d itu res for a sp e c ific go o d or serv ice (fo r ex a m p le, fo o d at h o m e or apparel), and A, is a param eter u sed to n orm alize the data. T h is v ersio n o f the eq u ation is m o st u sefu l in d em onstratin g tw o sp e c ia l c a s e s for th e v a lu e o f X. T hat is, i f X is u n ity, then no tran sform ation o f th e in d ep en d en t variable is n ecessary. (T h e net resu lt is that Y * eq u a ls 7 - 1 , and subtracting a con stan t from each o b serv a tio n o f 7 w ill n ot a ffe c t the d istrib u tion .) In contrast, i f X a p p ro a ch es z e r o , th en 7* is ap p ro x im a tely eq u al to th e natural logarithm o f 7. A lthou gh this specification is useful for deriving the value o f 7* w h en X approaches zero, it d oes not yield an intuitive interpretation w h en X takes on any other valu e.3 H ow ever, in their original article,4 B o x and C o x point out that the equation can be sim plified to y* = Yk T h is le a d s to a sim p le interpretation o f both X and the eq u ation as a w h o le . In the te x t o f th e cu rren t stu d y, X is fo u n d to be V*, in d ic a tin g th a t th e tra n sfo rm e d v a ria b le is th e n sim p ly th e fou rth ro o t o f 7. T h e o b v io u s q u e stio n raised is h o w th e v a lu e o f X is fo u n d . C o n v e n tio n a lly , th is is d o n e b y trial and error. S e v e r a l v a lu e s for X are u se d , and w h ic h e v e r y ie ld s th e m o d e l w ith th e lo w e s t m ea n sq u a r e error is th e s e le c t e d v a lu e . H o w e v e r , th e m e th o d is e x tr e m e ly tim e c o n s u m in g an d is s e e n to b e n ea rly im p o s sib le w h e n o n e t a k e s in t o a c c o u n t t h e f a c t t h a t t w o v a r ia b le s (e x p e n d itu r e s and p erm an en t in c o m e ) are b ein g tran sform ed o v er se v e r a l m o d e ls. In th e te x t, X is estim a te d th r o u g h a m a x im u m lik e lih o o d p r o ced u re u se d b y S c o tt and R o p e in th eir stu d y o f C o n su m e r E x p e n d itu r e S u r v e y d a ta .5 S o m e exp en d itu res, su ch as food at h o m e or sh elter and u tilities, are reported by virtu ally all participants in the C o n su m er E xp en d itu re Survey. For th e se item s, the c h o ic e o f reg r e ssio n te c h n iq u e is straigh tforw ard: ord in ary lea st sq u ares. H o w e v e r , m a n y ex p en d itu re s are n ot u n iversal and m ay n ot be m ade b eca u se o f ta stes and p referen ces (for ex a m p le, tob acco and sm ok in g su p p lies) or b ecau se the item is a durable good (for exam p le, R e g r e s s i o n te c h n iq u e s . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis v e h icles). In th e stu d y set ou t in the text, four su ch variab les are exam in ed . Three (fo o d a w ay from h o m e , entertain m en t, and o u t-o fto w n trips) are p robably ex a m p les o f the first situ ation (ta stes and p referen ces d issu ad e so m e co n su m ers from p u rch asin g the item ), w h ile the fourth (apparel) m ay be an exam p le o f the seco n d situation (perhaps the co n su m er had su ffic ien t a m ou n ts o f apparel during the p reviou s quarter or did n ot n eed se rv ices su ch as d ryclean in g or repair). T h ese k inds o f exp en d itu res require sp ecial treatm ent. O n e set o f m o d els d esig n ed to han d le su ch situ ation s is called the “ d o u b le -h u r d le ” se t. T h e m o d e ls g e t th e ir n a m e b e c a u s e th e co n su m er m u st first d ecid e w h eth er to p u rch ase the item and, i f so , then determ in e h o w m u ch to p urchase. In th e se m o d e ls, th e h urdles appear in tw o stages: stage o n e m o d e ls th e prob ab ility o f p u rch a se, stage tw o the lev el o f p u rch ase for th o se w h o b u y th e g o o d . R esu lts o f the tw o stages are u sed togeth er to predict the exp en d itu re for a given consum er. O n e p op u lar form o f d o u b le -h u r d le m o d e l is th e T o b it m o d e l , in w h ic h th e h u rd les are estim ated w ith the sa m e in d ep en d e n t variab les. T h e sta g e s are estim ated in su ch a w a y that a set o f param eters is p roduced that can then be u tilized to estim a te the p erson ’s probability o f purchasing a g iv en item (u sin g the cu m ulative d e n s ity f u n c t io n , as w ith th e p rob it t e c h n iq u e ) and m a rg in a l p r o p e n sity to c o n s u m e (a s w ith o rd in a ry le a s t sq u a r e s ). T h e p redicted exp en d itu re is eq u iv a len t to the p redicted exp en d itu re for th o s e w h o p u r c h a se th e ite m , w e ig h t e d b y th e p ro b a b ility o f p u r c h a s in g i t .6 H o w e v e r , a m a jo r d r a w b a c k o f T o b it is th e restriction s it p laces on th e resu lts o f th e an alysis. First, b eca u se o n e particular set o f in d ep en d en t variab les is u se d , the m o d el is u sefu l o n ly w h e n th e ex a ct sam e set o f variab les p red icts both the probability o f p u rch asin g an item and th e lev el o f exp en d itu re on th e item . T h is is n ot a lw a y s th e case. For ex a m p le, th e prob ab ility o f p u rch asin g health in su ran ce m ay d ep en d on the size o f o n e ’s fam ily. H o w ev er, i f a particular p o licy ch arges o n e p rem iu m for “ fa m ily ” c o v e r a g e , reg a r d le ss o f th e n u m b er o f m e m b e r s in th e fa m ily , th e Tobit m o d e l h as a w e a k n e s s in p red ictin g e x p e n d itu r e s for th at p o licy . F u rth erm ore, th e T obit m o d e l a s s u m e s th a t th e “ d ir e c tio n ” o f e a c h v a ria b le is th e sa m e for th e p ro b a b ility and for th e le v e l o f c o n su m p tio n , w h ic h m ay n ot be true. For in sta n c e , an article d e sc r ib in g w in e c o n su m p tio n b y U .S . m en fo u n d that m en w h o had at le a st a h ig h s c h o o l ed u c a tio n w e r e m ore lik e ly to drink w in e than m en w ith lo w e r le v e ls o f e d u c a tio n ; h o w e v e r , th e a r tic le a ls o fo u n d th a t m e n w it h at le a s t a h ig h s c h o o l e d u c a t io n d ra n k l e s s w in e th a n t h o s e w it h lo w e r l e v e l s o f e d u c a tio n .7 O th er m o d e ls a lso h a v e b een p ro p o sed to h a n d le th e “ d o u b le h u rd le” situ a tio n . T h e m o d e ls u sed in th is article are b a sed o n a ty p e d e s c r ib e d b y J o h n G. C r a g g .8 In C r a g g ’s m e th o d , th e probability o f p u rch ase is estim ated separately from th e le v e l o f exp en d itu res. C ragg’s approach has m any ad van tages over the T obit m eth od . T h e ab ility to separate th e p ro b a b ility -o f-p u rch a se and lev el-o f-ex p en d itu re eq u a tio n s a llo w s d iffe r e n c e s in variab les and sig n s across th e tw o s ta g e s o f th e a n a ly s is , p r o v id in g C r a g g ’s a p p roach w ith a “ c o n sid e r a b le in te rp reta tio n a l a d v a n ta g e ” o v e r th e T ob it m o d e l.9 In a d d itio n , n o t o n ly d o e s “ T o b it...fo r c e z e r o Monthly Labor Review July 2002 33 Expenditures of Single Parents o b serv a tio n s to represent corn er so lu tio n s ,” b u t it a lso “ p r e su m e s th a t th e sa m e se t o f v a r ia b le s and p aram eter e s tim a te s d eterm in e b o th th e d isc r e te p ro b a b ility o f a n o n z e r o o u tc o m e and th e le v e l o f p o s itiv e e x p e n d itu r e s .” 10 A lth o u g h C ra g g ’s m o d e ls u se probit to p redict p rob ab ilities o f p u rch ase, h e n o te s that lo g it can be u sed in stea d .11 M a n y standard eco n o m e tr ic s te x tb o o k s p oin t ou t that lo g it p rod u ces probability estim a te s that are n early id en tical to probit estim a tes. H o w e v e r , lo g it resu lts are m u ch easier to u se and interpret. T h e eq u ation for p red ictin g th e p rob ab ility o f p u rch ase (P ) o f an item is P = exp(a + p X )/[l + ex p (a + (IT)], rea so n a b le to a ss u m e th at, g iv e n e n o u g h tim e , 1 0 0 p ercen t o f co n su m er u n its w ill ev e n tu a lly p u rch ase th o se item s. H o w e v e r , T ob it still s u f f e r s th e w e a k n e s s e s d e s c r ib e d ea r lie r , an d fo r con ven ien ce as w ell, the Cragg m odel is u sed for all variables analyzed in this a rticle.13 (MPC). T he m argin al p ro p en sity to c o n su m e ( m p c ) is d efin ed as th e ch a n g e in ex p en d itu re, g iv e n a unit ch an ge in in com e. In this case, perm anent in co m e is th e relevant variable for ch an ge. In the o rd in ary-least-sq u ares-on ly reg re ssio n s d escrib ed in th e tex t (for food at h o m e , sh elter and u tilities, and tran sp ortation ), the eq u a tio n s h ave th e form M a r g i n a l p r o p e n s i t y to c o n s u m e w here E ( Y /4) = a + b P '4 + c X , is th e in tercep t o f the lo g it eq u ation , is a v ecto r o f p aram eter estim a te s, E ( X ' 4) is th e p red icted (or e x p e c te d ) v a lu e o f th e d ep en d en t and variable, X is a v ecto r o f in d ep en d en t variables. T h is fo rm u la can be entered in to a standard sp read sh eet to estim ate prob ab ilities o f p u rch ase for d ifferen t co n su m ers. F urtherm ore, the eq u a tio n is e a sily d ifferen tiated to find th e m arginal relation sh ip o f prob ab ility to a particular variab le. (For ex a m p le , i f in c o m e rises by $ 1 , b y h o w m u ch d o es th e probability o f p u rch ase ch a n g e? ) W ith probit, an eq u a tio n m u st be estim ated and th e results look ed up in a sta tistica l table to fin d o u t th e overall p rob ab ility o f an e v e n t ’s o c c u r r in g , a s w e ll as th e m argin al e f fe c t on p rob ab ility d u e to ch a n g in g a variable. In th e v ersio n o f the C ragg m od el u sed in th e tex t o f this article, th e prob ab ility o f p u rch asin g an item is estim ated as su g g ested w ith a lo g istic regression . Separately, the m eth od o f ordinary least squares is u sed to estim a te exp en d itu res for th o se w h o p u rch ase th e ite m .12 To g e t th e fin a l r e s u lts , th e p red icted p r o b a b ility o f p u rch a se o b ta in e d fr o m th e fir s t s t a g e is m u lt ip lie d b y th e p r e d ic te d e x p en d itu re for th o s e w h o p u rch a se th e item . T h is ca lcu la tio n esse n tia lly p ro d u ces an average p redicted ex p en d itu re, w eig h ted by th e p ro b a b ility o f p u r c h a se . To illu str a te th e in tu itio n b eh in d o b ta in in g su ch a w eig h ted -a v er a g e predicted ex p en d itu re, su p p ose that a large sa m p le o f co n su m ers is se lecte d random ly. S u p p ose further that 2 5 p ercen t o f the participants pu rch ased a particular item th a t so ld for $ 1 0 0 . T h en th e a v era g e e x p en d itu re for all c o n su m ers is $ 2 5 , or 2 5 p ercen t m ultip lied by $ 1 0 0 . I f a sm aller sa m p le is ra n d om ly selecte d from th is large grou p , th e ex p ected v a lu e o f the average o f that sm aller sam p le is also $ 2 5 . T h e reason is that i f a large n u m b er o f random sam p les w ere pulled from the total s a m p le , a n d e a c h tim e th e s a m p le s w e r e p u lle d th e a v e r a g e exp en d itu re w a s recorded, then the “grand a verage” (th at is, the a v era g e o f th e a v era g es) is ex p ected to be $ 2 5 . In e s tim a tin g th e m a rg in a l p r o p e n sity to c o n s u m e an d th e ela sticity in C ragg m o d e ls, the lo g it resu lts are taken in to a cco u n t, b eca u se in c o m e is a ssu m ed to in flu e n c e exp en d itu res both d irectly (th ro u g h th e le v e l o f exp en d itu re) and in d irectly (b y ch a n g in g the p rob ab ility o f p u rch a se). (T h e m a th em a tica l d etails b eh in d th is statem en t are provided in the n ext tw o su b sectio n s o f this ap p en d ix.) A s a final p o in t, there are so m e exp en d itu res for w h ich Tobit m a y be ap p ro p ria te, in that th e te c h n iq u e a ss u m e s th at, g iv e n e n o u g h tim e, all co n su m ers w ill ev en tu a lly p u rch ase th e g iv en item . For ex a m p le, le s s than 1 0 0 percent o f all co n su m er u nits report e x p e n d itu r e s fo r ap p arel an d s e r v ic e s e v e r y q u arter, b u t it is 34 w h ere Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 a is the in tercep t, b is a param eter estim a te, I d en o te s total o u tlays (th e p roxy for p erm an en t in c o m e ), and c X rep resen ts all other in d ep en d en t variab les, m ultip lied by their regression co effic ie n ts. In th is c a se , th e m p c is calcu lated b y fin d in g th e ch a n g e in the predicted exp en d itu re, g iv e n a $1 in crease in p erm an en t in c o m e , or d E (Y )/d I . A lth o u g h the m o d el is sp ec ified to ca lcu la te E ( Y 1/4), the d esired resu lt is e a sily ob tain ed . To sim p lify th e a rith m etic, it is e a siest to co n v ert £'(T 1/4) t o i i( 7 ) : E ( Y ) = E i X y = ( a + b P '4 + c X } 4 d E ( Y ) /d I = 4 (a + b P '4 + c X ) \ ( \ I A ) b P V4] = [ b { a + b P '4 + c X f ] ! P ' 4 = ( b /P 14) x E i r y = b [ E ( T ) / r \ V4. T his result h as an in terestin g property in that th e m p c is a fu n ctio n o f the exp ected budget share (that is, the sp ecific ou tlay E ( Y ) , divid ed by th e total ou tla y s I). T he C ragg-b ased m o d e ls h a v e a m ore co m p lic a ted sp ec ifica tio n , but th e y are n ev erth eless so lv a b le for th e m p c . N o te that th e m p c is still d e fin e d and rep resen ted m a th e m a tic a lly in th e sa m e w ay; h o w ev er, th e in itial form u lation is m ore co m p lica ted . T h e desired resu lt is actu ally E p (Y ) = P x [£(H/4)]4, where P is the probability of observing an expenditure. To find d E p( Y ) /d I , the product rule o f ca lcu lu s is u sed . T hat is, dE p( Y ) / d I = P' [E (Y )] +P [E ' (7)]. N o w , recall that P = e x p ( a + p /1/4 + 8 * ) / [ l + exp (a + p /1/4 + 5A )]), w h ere 8 X is a v ecto r o f all in d ep en d en t variab les ex c e p t in c o m e , each m ultip lied by their param eter estim ates. T h erefo re, to find P ' , th e q u otien t rule is u sed . T h u s, P ' = ( f ' g - f g ' ) t g 2, w h ere f = e x p (a + p /174 + 8 X ), g = 1 + e x p (a + p /174 + 8 X ), and f = g' = [(% x p)//374] x exp(a + p/174 + 8Y). B e c a u s e f 7' and g ' are eq u al in th is c a se , the fo reg o in g eq u ation sim p lifie s a lg eb ra ica lly to P ' = [l:’ ( g - f ) ] / c f - and b e c a u se g eq u a ls f + 1, th e eq u ation red u ces e v e n further to P' = [ f ( f + 1 - f ) \ / g 2 = f the sum o f the rem aining p ieces. H ow ever, the form ula is left the w a y it is for the m om en t, to illustrate an intuitive point: the m p c is derived from the predicted value o f the expenditure for th ose w h o actually purchase, w eigh ted by the probability o f purchasing. N o te that the second term on the right-hand side ( P * b \E {Y )U ]yA, is the sam e m p c as w a s found b efore, ex cep t that it is w eigh ted by the probability o f purchase. T he rem aining term on the right-hand side is a result o f the fact that the predicted expenditure is affected indirectly b ecau se o n e ’s probability o f purchasing som ething ch an ges as a result o f a ch an ge in income. I n c o m e e la s tic ity (or m ore p ro p erly in th is c a s e , p erm an en t-in com e elasticity) is th e p ercen t ch a n g e in exp en d itu re for a sp ecific good (su ch as food at h o m e ), g iv en a 1 -percent increase in (p erm an en t) in co m e. For ex a m p le, for sin g le fath ers, th e in co m e elasticity for fo o d at h o m e is estim ated to be 0 .2 8 , m ea n in g that for e v e r y 1-p e rcen t in c r e a se in p erm a n en t in c o m e , th e s e m en are p redicted to in crease their fo o d -a t-h o m e exp en d itu res b y m ore than E la s tic itie s . one-quarter o f 1 percent. T h e eq u a tio n for calcu latin g th e ela sticity r\ is / g 2. r| = m pc x I /E (Y ) . N o w , w ith th e m u c h sim p lified resu lt, it can be sh o w n that P ' = { [ ( lA x p)//374] x ex p (a + PT/4 + 8 J 0 }/[1 + exp (a+ pi174 + 5X )]2. A g a in , by su b stitu tio n , th is red u ces to P x {{Q A x fS)/P,4] / [ 1 + e x p (a + p /174 + 8 X ) ] } . T h erefore, m pc = p x {[(y4 x p)//3/4] /[ l + ex p (a + p /174 + 5Y )]} >' ii(T ) + P y b x [£(T )/7]3/4. B e ca u se the term s P and E ( Y ) are com m on to both pieces o f the complicated right-hand side o f this equation, the MPC can be simplified m athem atically by factoring these term s out and m ultiplying them by In the ca se o f the o rd in ary-least-sq u ares-on ly reg re ssio n s, the e la s tic ity is c o n sta n t an d e q u a l to th e p aram eter e s tim a te fo r perm anent in com e. To sh o w this m ath em atically, recall that the m p c in th is ca se is a fu n ction o f the p redicted exp en d itu re share; that is, m p c = b \ E ( Y ) / I ] V4. T h u s, m u ltip ly in g th e m p c b y I /E ( Y ) y ie ld s b [ E ( Y ) / i y m , or b [ I /E ( Y ) ] VA. S o w h ile th e MPC is a fu n ctio n o f the ex p ected b u d get share, ela sticity is a fu n ctio n o f the in v e r s e o f the b u d get share. H e n c e , as the b u d get share in crea ses, so d o es the m p c , but ela sticity d eclin es. For th e C ra g g -b a sed m o d e ls, th e fu ll fo rm u la is m u c h m o re co m p lica ted , d u e to the co m p le x ity o f the m p c eq u ation . H o w e v e r , o n ce th e v alu e o f the m p c is o b tain ed , m u ltip lyin g that v a lu e b y the in v erse o f the p redicted ex p en d itu re share still y ie ld s th e estim a te o f elasticity. Notes to Appendix A 1 S tu a rt Scott and D a n ie l J. Rope, “ D is trib u tio n s and T ra n s formations for Fam ily Expenditures,” 1993 Proceedings o f the Section on Social Statistics (Washington, DC, American Statistical Association, 1 9 93), pp. 7 4 1 -4 6 . 2 G. E. P. Box and D . R. Cox, “ An Analysis o f Transformations,” Journal o f the Royal Statistical Society, Series B, 1964, pp. 2 1 1 -4 3 , esp. p. 214. 3 Even i f X is unity, it is hard to imagine why Y is transformed to 7 - 1. 4 Box and Cox, “Analysis,” p. 214. 3 Scott and Rope, “ Distributions and Transformations.” 6 See John M cD onald and Robert A. M o ffitt, “The Uses o f Tobit Analysis,” Review o f Economics and Statistics, M a y 1980, pp. 3 1 8 21, esp. p. 318. 7 J. R. Blaylock and W. N. Blisard, “Wine consumption by US men,” A pplied Economics, M a y 1993, pp. 6 4 5 -5 1 , esp. p. 649. 8 John G Cragg, “ Some Statistical Models for Lim ited Dependent V ariab les w ith A p p lic a tio n to the D em and fo r D u ra b le G oods,” Econom etrica, September 1971, pp. 8 2 9 -4 4 . https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 9 M o ham ed A b d e l-G h a n y and J. L e w S ilv e r, “ E conom ic and D em ographic D eterm inants o f C an adian H ouseholds’ Use o f and Spending on A lc o h o l,” Fam ily and Consum er Scien ces Research Journal, September 1998, pp. 6 2 -9 0 , esp. p. 65. 10 Deanna L. Sharpe, Mohamed Abdel-Ghany, Hye-Yeon Kim , and Gong-Soog Hong, “Alcohol Consumption Decisions in Korea,” Journal o f Family and Economic Issues, Spring 2001, pp. 7 -2 4 , esp. p. 14. 11 See Cragg, “ Some Statistical Models,” footnotes 5 (p. 830) and 6 (p. 832). 12 To reduce heteroscedasticity, the ordinary-least-squares models used in this study actually predict the fourth root o f the expenditure for those individuals with positive expenditures. 13 Experiments run with the data presented in the text confirm that Tobit does not yie ld consistently plausible results fo r apparel and services. To test how Tobit and Cragg results compare in the present situation, expenditures for both apparel fo r adults and apparel for children were regressed on various characteristics, using a Tobit model. The first problem in doing so is that, as described earlier, the variables Monthly Labor Review July 2002 35 Expenditures of Single Parents differ in the first and second stages o f the Cragg model. That is, several interaction terms for single fathers are included in the second stage that are not included in the first stage. To make the models consistent, these extra variables were excluded from the Tobit m odel. (In the second stages o f the Cragg models, only two variables were found to be statistically significant: the variable denoting single fathers with two children was significant in both models, and the variable denoting single fathers aged 45 to 49 years was significant only for expenditures for children’s apparel.) W hen the results o f the Tobit model are used to predict the probability o f purchase, however, they are not consistent w ith the results produced by the Cragg model, nor do they resemble values expected from the data themselves. For example, the actual percentage o f single mothers in the sample who reported expenditures for adult apparel and services is 58 percent, and for children’s apparel, the percentage is about 68 percent. (See table 5.) However, for each o f these items, the Tobit model predicts v irtu a l certainty o f purchase (greater than 99 percent) in each case. This prediction is not consistent with the Cragg model’s first-stage results, which are far more similar to the observed data. (Single mothers w ith average permanent income are predicted to have a 56-percent probability o f purchasing apparel for adults and a 63-percent chance o f purchasing children’s apparel, according to the C ragg m odel.) W hen the results o f the firs t and second stages o f the Cragg models are compared, it is found that several variables change signs. H ow ever, only one sign-changing pa ra m eter estim ate is s ta tis tic a lly s ig n ific a n t at the 9 5 -p e rce n t confidence level in both stages: the intercept. In the first stage o f the Cragg model, it is negative, whereas in the second, it is positive. The effect o f the intercept in the first stage, then, is to lower the predicted probability o f purchase in these models. However, in the second stage, the intercept acts as a “ starting point” for expenditures. (In effect, it can be in terpreted as saying, “ Even i f the control group has no permanent income, it is still predicted to spend at least this much on A ppendix B: apparel and services for children or adults.”) As mentioned earlier, one o f the weaknesses o f Tobit is that the parameter cannot change signs across stages. Because the To b it-d e riv ed intercept is “ larg e” and po sitive, this forces the pred icted p ro b a b ility o f purchase to be extremely high for both types o f apparel. In fact, even i f a fa m ily ’s permanent income is zero, the predicted p rob ab ility o f purchasing apparel for children is nearly 96 percent! For single fathers (again, even those w ith zero permanent income), the predicted probability is slightly higher, at 98 percent. Sim ilar results are observed for apparel fo r children: single m others w ith zero perm anent incom e have a predicted p rob ab ility o f purchase o f 83 percent, and single fathers with zero permanent income have a predicted probability greater than 99 percent. In each case, w hen re a lis tic perm anent incomes are assumed, the predicted p ro b ab ility o f purchase is greater than 99 percent. Given that the probability o f purchase in these cases is strongly “ up w ardly biased,” the prob ab ility-w eig hted estimates o f both the marginal propensity to consume and permanent-income elasticity w ill undoubtedly also be biased. (T h e direction is impossible to know w ithout any other measure by which to compare the intercepts. For example, i f it is assumed that the p ro b ab ility intercept in To bit is biased upward, it m ay be that the level-of-expenditure intercept is biased downward, because both events are measured in one parameter. W hich effect dominates presumably determines in what direction the two parameters are also biased.) Hence, it is not surprising to find that the results for marginal propensities to consume and income elasticities obtained from the Tobit analyses in this experiment are, for the most part, not consistent with those obtained from the Cragg model. A t any rate, this again demonstrates a weakness o f Tobit— that is, that both events (probability and level o f expenditure) are analyzed w ith the use o f one set o f parameter estimates. Thus, this article uses the Cragg model and leaves further examination o f the Tobit model for future research. Ceteris Paribus results T h e tables in th is ap p en d ix s h o w h o w sin g le m oth ers com p are w ith sin g le fath ers, a ssu m in g the sam e p erm an en t in co m e and d w ellin g Table B-l. Expenditures of single parents on selected categories size. It is in terestin g to n o te that adding th e extra p erm an en t in co m e to fem a le-h ea d ed fa m ilies— an in crease o f m ore than 55 p ercen t— h a s a n o tic ea b le e ffe c t on th o se fa m ilie s’ ex p ected prob ab ilities and le v e ls o f sp en d in g for m o st g o o d s and se r v ic e s, but d o e s little to ch a n g e their ex p ected m arginal p rop en sities to co n su m e or their in c o m e ela sticities. Variable Permanent income (quarterly outlays, dollars)..... Apparel and services (adults).............................. Apparel and services (children)1.......................... Transportation (less trips).................................... Food away from home (less trip s )....................... Fees and admissions (less trip s )........................ Pets, toys, and playground equipment............... Trips and travel..................................................... Babysitting and day care..................................... Men Women $9,435 47.1 47.6 98.8 98.3 62.5 46.5 37.1 28.3 $9,435 67.0 71.8 99.3 98.0 65.8 57.7 42.9 47.8 1Male-income interaction coefficient is statistically significant at the 95-percent confidence level. 36 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 I O rd in a ry le a s t sq u a re s results, s in g le p a re n ts Variable Permanent income (/)............................................. Men Women $9,435 $9,435 Food at home: Probability, percent (P )...................................... P ' ........................................................................ 100.0 0 100.0 0 £ (v y 2................................................................... p (VO.................................................... ............... $826 .0237 $772 .0332 .024 .033 .27 .41 MPC - P' E(Y) + P E ' ( Y ) ..................................... Elasticity = MPC x l/ E ( Y ) ) ................................... Apparel and services (adults): Probability, percent (P )...................................... P' ........................................................................ 47.1 2.22E-05 67.0 2.64E-05 E(VT'2................................................................... F ( V ) .................................................................... $514 .0216 $574 .0459 .022 .046 MPC - P ' E(Y ) + P E ' (V )..................................... Elasticity = MPC x (IIE (Y ) ) ................................. Apparel and services (children): Probability, percent (P )....................................... P ’ ........................................................................ .40 .75 71.8 47.6 9.80E-06 2.03E-05 ..................................................................... F (VO.................................................................... MPC - P ’ E(Y) + P E ' ( Y ) ..................................... $101 .0073 $133 .0111 .004 .011 Elasticity - MPC x (IIE (Y ) ) ................................. .42 .76 E(Y) Transportation (less trips): Probability, percent (P )...................................... P ' ....................................................................... E(Y) ..................................................................... F (VO.................................................................... 99.3 98.8 1.70E-06 6.44E-07 $1,280 $1,602 .1486 .1873 M PC- P'£(V0 + PE' (VO ..................................... .188 .148 Elasticity = MPC x (l/E(Y))................................. 1.11 1.09 Food away from home (less trips): Probability, percent (P )...................................... P' ........................................................................ .................................................................... F (V).................................................................... E (Y )' 98.0 98.3 4.35E-06 4.50E-06 $1,217 .0523 $731 .0440 (Y) ..................................... .057 .046 Elasticity - MPC x (l/E(Y))................................. .44 .60 Fees and admissions (less trips): Probability, percent (P )...................................... P' ................................................................. 62.5 2.05E-05 65.8 3.10E-05 .................................................................... F (Y).................................................................... $389 .0202 $295 .0223 MPC - P' E (Y ) + P E ' E(Y) .021 .024 ( I I E ( Y ) ) ................................. .50 .76 Pets, toys, and playground equipment (less trips): Probability, percent ( P ) ...................................... P' ................................................. 46.5 1.17E-05 57.7 1.85E-05 ............................................................... ............................................................. $524 .0033 $526 .0339 MPC=P'E(VO + P F VO ...................................... .008 .029 MPC - P 'E ( Y ) + P E ' ( Y ) ..................................... Elasticity = MPC x HYP (VO E' Elasticity = MPC x (l/E ( Y )) ................................. .14 .53 Trips and travel: Probability, percent (P )...................................... P' ......................................................... 37.1 1.78E-05 42.9 3.20E-05 ......................................... ......................................... $933 .0979 $917 .0872 E(Y) E Y' )/ ..................................................... *—' (V https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Table B-2. C o n tin u a tio n — O rd in a ry le a s t s q u a re s results, s in g le p a re n ts Variable Men Women MPC - P' E(Y) + PE ' (V )..................................... .053 .067 Elasticity = MPC x (//E(V))................................. 54 .69 Babysitting and day care: 28.3 Probability, percent (P )...................................... P' ...................................................... 1.16E-05 47.8 3.03E-05 .......................................................... ........................................................... $273 .0110 $515 .0434 MPC - P' E(Y) + PE' (V) ....................................... .006 .036 Elasticity = MPC x (//E(V))................................. .22 .67 .......................................................... 100.0 0 100.0 0 .......................................................... ................................................................. $2,589 .1513 $2,880 .1730 M P C -P 'E (Y ) + P F ( Y ) ........................................ .151 .173 Elasticity = MPC x (IIE (Y )) .................................... .55 .57 Shelter and utilities (renters):3 Probability, percent (P ) ........................................ P' ................................................... 100.0 0 100.0 0 E(Y) E 'l Y ) Shelter and utilities (owners, with mortgage):3 Probability, percent (P )...................................... p' EtY) £ ' ( Y) .............................................................. $1,248 $2,585 E' ( Y) ....................................................................... .0458 .2251 M P C -P 'E (Y ) + P F ( Y ) ........................................ .046 .225 Elasticity = MPC x (l/E(Y) ) .................................... .35 .82 E lW '2 1 Binary variable used to calculate this value for men Is statistically signifi cant at the 95-percent confidence level. 2 Men’s income effect used to calculate this value is statistically signifi cantly different from the women’s income effect at the 95-percent confidence level. 3 mpcIs and elasticities for homeowners are calculated assuming that single fathers have seven rooms and two bathrooms or half baths and that single mothers have six rooms and two bathrooms or half baths. For renters, both types of parents are assumed to have five rooms and one bathroom or half bath. For single mothers who are homeowners, the estimated expenditure E (Y ) increases to $2,943 when they are assumed to have seven rooms, and the mpc increases slightly, to 0.176. The elasticity estimate is unaffected by this “total” c e te ris p a rib u s assumption, falling to 0.56. Note: Values are calculated from detailed regression coefficients, with results rounded. Table B-3. H o u sin g te n u re , s in g le p a re n ts Variable Men Women Probability of renting calculated by raising average permanent income of single mothers to match that of single fathers Permanent income (quarterly outlays, dollars)...... Probability of outcome (renter, percent)............... $9,435 50.7 $9,435 50.7 Probability of renting calculated by lowering average permanent income of single fathers to match that of single mothers Permanent income (quarterly outlays, dollars)...... Probability of outcome (renter, percent)............... 6,074 55.2 6,074 66.7 Monthly Labor Review July 2002 37 Planning ahead: consumer expenditure patterns in retirement The ‘g raying ’ o f the population creates a need to examine the role that retirement plays on expenditure decisions o f various demographic groups o f retirees Geoffrey D. Paulin and Abby L. Duly Geoffrey D. Paulin is a senior economist, and Abby L. Duly is an economist, Division of Consumer Expenditure Surveys, Bureau of Labor Statistics. Email: Paulin_G@bls.gov Duiy_A@bls.gov he fastest growing segment of the U. S. population is composed of those aged 65 and older. The Bureau of the Census re ported that in 1994,1 in 8 Americans was in this age group, but projects that the ratio may be as high as 1 in 5 by 2050. Furthermore, with in creases in life expectancy, today’s adults will live an average of 17 additional years after reaching age 65.1 As this demographic pattern shifts, an in creasing demand for research and data on the older population— specifically, on retired per sons and their roles on consumers— is con stantly in evidence: “baby b o om ers,” “privatization of Social Security,” “Medicare,” and tips on financial planning are common top ics of the daily print and video media. The sheer growth in numbers suggests that the spending patterns of this older population will also play an increasingly important role in the future economy, an assumption supported by recent trends in expenditure levels. A study of real (that is, inflation-adjusted) expenditures from 1984 to 1997 finds that “spending by older consumers has risen from 12.6 percent to 14.6 percent of all consumer spending.”2 In addition to the concerns these issues may raise for policymakers, especially those involved with providing adequate care and protection for older consumers, the decision to retire has major implications for individuals and families. Under standing differences in spending patterns for 38 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 preretired and retired consumers can help work ers plan for the future. Taken together, these items suggest that a study of expenditure patterns of retirees is war ranted. Differences in expenditure patterns for preretirees and retirees are expected for many rea sons. For example, income presumably will de cline upon retirement. Given the relationship of income to expenditures, it is important to see how income differs— in level as well as in sources of receipt. Also, other demographic characteristics presumably play an important role in expenditure decisions, both before and after retirement. Therefore, examining the role these characteris tics play is also important. In looking at spend ing patterns for families who are near retirement and comparing them with the patterns of those individuals who have actually exited from the workforce, this article provides valuable informa tion about the impact of retirement on consumer spending. Several issues are addressed here. First, back ground describing related research is presented. Second, data from the U.S. Consumer Expendi ture Survey, which provide the basis for the analysis, are described. Third, demographic char acteristics of “preretired” and “retired” consum ers in this sample are presented and compared. Fourth, income and expenditure patterns are de scribed for these groups. Finally, regression analysis is used to explore differences in expen diture patterns given that demographics and in- come levels are different for preretired and retired consumers. (Logit and ordinary least squares results for the two groups are presented in a detailed appendix.) Related research Many previous studies related to the population aged 65 and older can be divided into two groups: those that focus on age, and those that focus on retirement. Both groups are important, and both have contributed to the analyses pre sented here. Expenditure patterns by age. Rose Rubin and Kenneth Koelin examine how elderly households spend on necessities, com pared with nonelderly households.3 Using data from the 198081 and 1989-90 Consumer Expenditure Survey, they examine expenditures for housing, food at home, and healthcare, as well as income, demographics, and receipt of cash assistance ( afd c or SSI). The methodology used to examine the relation ship between their variables of interest is based on the life cycle theory of consumption, with total expenditures acting as a proxy for permanent income. Rubin and Koelin’s results indicate that, in general, older consumers spend a higher pro portion of their budget on housing and healthcare than do the nonelderly, and that the receipt of financial assistance does play a role in the spending decisions of both age groups. In a study o f age groups within the older population, Mohammed Abdel-Ghany and Deanna Sharpe use Tobit analy sis to determine whether tastes and preferences differ for those aged 65 to 74 and those aged 75 and older.4 Using indepen dent variables such as total expenditures (once again as a surrogate for permanent income), region of residence, educa tion of reference person,5 household size, race, and family type, the authors find differences between the “young-old” and “old-old” (as they term the groups) across all major cat egories of expense. Furthermore, the effect of the socioeco nomic variables on spending patterns differed between the two age groups, and among spending categories. Studies based on retirement status. Because this study com pares retired households with those that have members near ing retirement, previous studies based on work status are dis cussed in more detail. Among the studies reviewed here, an article by Nancy E. Schwenk is unique in its focus on the levels and sources of income of retirees, using multiple gov ernment surveys as sources.6 Schwenk provides some dis cussion of expenditures, specifically the fact that the alloca tion of total spending for retirement, pensions, and Social Security is significantly less for households in which the ref erence person has “reached retirement age (65 years or older)” than for those in which the reference person is aged 45 to 54. In terms of demographics, she notes that the majority of con https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis sumers aged 65 years and older own their home, and that “of those who are homeowners, most owned their home free and clear (81 percent).” Finally, Schwenk finds that in 1991, in come from dividends, interest, and rent provided about 20 percent of retirees’ total income.7 An earlier article by Frankie N. Schwenk uses data from the 1987 Consumer Expenditure Survey to examine whether there are differences between those who opt for “early retirement” and those who continue to work beyond the age of 65.8 In this study, F. Schwenk specifically compares the two groups in terms of family characteristics, asset levels, income, and expenditures. Using Probit analysis, the author finds that age, spouse’s employment status, education, housing tenure, household size, marital status, and gender are significant fac tors in predicting the likelihood of being retired. Other com parisons show that “average dividend and interest [income] amounts were higher for retired than for working families,” and that “health was the only category of expenditures for which households with a retired reference person spent more than those with an employed person.”9 In a May 1990 article, Thomas Moehrle uses the Con sumer Expenditure Survey to compare the average annual expenditures of elderly working and nonworking consumer units10 across low, medium, and high income groups. 11 Moehrle finds that (1) “Nonworking elderly households spend more on food prepared at home than do working eld erly households, regardless of income level,” and (2) “Re gardless of income level, nonworking elderly households spend more on health care than do working elderly house holds.”12 Note that Moehrle analyzes one age group, those with a reference person aged 62 to 74, and that the working status of the consumer unit is based solely on that of the reference person, regardless of whether any other members are working or not. Also, he does not specifically limit the nonworking households to those whose reference person is retired (for example, “nonworking” can mean the reference person is disabled, taking care of the home or family, or going to school). However, he finds that “79 percent [of the non working consumer units studied] had reference persons who classified themselves as retired.”13 Rose Rubin and Michael Nieswiadomy compare demo graphic characteristics, income, and expenditures of retirees and nonretirees aged 50 or older from the 1986 and 1987 Con sumer Expenditure Survey.14 Their sample consists of com plete income reporters only, with the retirement status based on that of the respondent.15 Rubin and Nieswiadomy also divide their sample into three household types: single men, single women, and husband-wife couple households. Using Tobit regression analysis, they find “that the retired have a higher marginal propensity to spend (than the nonretired) for food, alcohol, housefumishings, apparel, transportation, gas and motor oil, other vehicles, public transportation, health Monthly Labor Review July 2002 39 Expenditures in Retirement care, entertainment, and cash gifts.”16 Also noteworthy is their conclusion that for both the retired and nonretired households, healthcare expenditures increase with educa tional attainment. About the sample This article uses data from the 1998 and 1999 Consumer Ex penditure Interview Surveys. The Interview Survey is a rotat ing panel survey designed to collect information on major items of expense, household characteristics, and income. The questionnaire is administered to sample consumer units once per quarter for five consecutive quarters. The main goal of the initial household interview is to collect inventory informa tion to be used for bounding purposes, that is, to ensure that expenditures reported in subsequent interviews took place during the appropriate reference period (in most cases, this will be the 3-month period prior to the interview date). While it is primarily designed to collect large (vehicles or appliances, for example) and recurring (such as, rent or utilities) expendi tures that can be easily recalled on a quarterly basis, the Inter view Survey captures up to 95 percent of all expenditures.17 In order to examine the effect of retirement on consumer spending patterns, the sample is divided into two groups: a preretired group and a retired group. Ultimately, it would be most useful to have data for the same family over some pe riod of time to observe their expenditures both before and after retirement and compare them directly. Unfortunately, as discussed, the survey is not designed to follow families for extended time periods. Even using multiple years of data, it would be difficult to find families who are “working” in at least one quarter and then “retired” for the remaining quarter(s) of their participation. The results described here, then, must be interpreted cautiously, bearing this in mind. Nevertheless, the sample has been selected in such a way as to make these comparisons as appropriately as possible, given the data constraints. To this end, a preretired consumer unit is defined as one whose reference person is aged 55 to 64, and is earning at least one type of labor income (that is, wage and salary in come or self-employment income). This age group is chosen because, for many, it is the last stage of their working lives. Although some may choose to retire prior to reaching age 65, this study excludes any consumer unit from the “preretired” category in which there is a retired person (including a spouse). In contrast, a “retired” consumer unit is defined as one whose reference person is aged 65 to 74 and who is re tired; that is, when asked about the occupation for which they received the most income, they report that they are not work ing due to retirement. Additionally, there are no earners in the “retired” households. Excluded from both groups (preretired and retired) are families in which the spouse (if present) is not 40 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 working either due to illness or disability, or due to unemploy ment. This omission is made because a consumer unit with a disabled member may have some vastly different spending patterns than an otherwise similar household, such as medi cal expenses. Furthermore, in the case of illness or disability, the decision not to work is not necessarily a voluntary one, but rather is the result of circumstances that make work im possible.18 Similarly, an unemployed person presumably would like to work, and may eventually do so; therefore, these fami lies may not display the same consumer expenditure patterns as those in which the spouse is not working for voluntary reasons (such as retirement or taking care of the home or family).19 The age groups are chosen to compare those on the verge of retirement with those consumer units who have re cently retired, allowing these analyses to focus on the effect of retirement as a single discrete event. Furthermore, previ ous research has shown that there are significant differences between those aged 65 to 74 and those aged 75 and older in terms of household characteristics, income, and expendi tures.20 Therefore, the consumer units whose reference per son is aged 75 or older are removed from the retired sample in order to eliminate this age effect.21 To facilitate the analysis, the sample for this study is lim ited in scope. First, the sample is limited to three types of households: single men, single women, and husband-andwife couples. These groups are selected in order to reduce the effect of family size on expenditure patterns. Additionally, the effects of other family member characteristics on expendi tures are eliminated. For example, preretired families with chil dren may be spending differently than those without chil dren, because they may be expecting to send the children to college soon. Retired families with children may be supported by these children.22 In either case, expenditures would be different from those who have children of different age, future plans, and so forth.23 Even so, families with children are pre sumably the exception, rather than the rule for these families, especially those who are retired. The separation of single men and single women is done in order to examine the effect of gender-related differences on spending patterns. For example, in terms of income, the life time earnings of men and women are expected to be quite different, especially given the generation being examined. Also, marital status is affected by differences in life expectancy (that is, there are more widowed single women than there are male widowers, as shown in table 1). These factors presumably will have an influence on spending patterns. The type of household is determined by two pieces of information: the number of family members and the marital status of the reference person. For husband-and-wife couples, the values for these variables are obvious: that is, there are two persons in the consumer unit (one of which, by defini tion, must be the reference person) and the marital status of I Demographics of preretirees and retirees, by composition of consumer unit, Consumer Expenditure Interview survey, tyys-yy Preretired Retired Married couples Single women Single men Characteristic t-value' Preretired Retired t-value’ Preretired Retired t-value’ Number of consumer u n its .................... 260 222 - 547 725 - 1,325 1,220 - Age of reference person....................... 59 70 41.976 59 70 73.192 59 70 99.809 4.0 5.8 3.0 5.9 4.590 .650 4.4 5.7 3.9 5.8 3.396 .823 4.8 6.9 4.6 6.4 .795 7.494 1.1 1.7 1.1 1.7 .102 .113 1.3 1.8 1.2 1.7 1.458 1.261 1.4 2.2 1.6 2.0 2.307 5.020 Vehicles................................................... Automobiles......................................... Other vehicles..................................... 1.9 1.3 .6 1.9 1.2 .7 .272 2.397 .859 1.2 1.1 .1 1.2 1.1 .1 1.961 2.053 1.159 2.7 1.6 1.1 2.3 1.4 .9 6.384 6.501 3.419 Percent Housing tenure: Homeowner: With mortgage............................... With no mortgage......................... Renter............................................... 31.9 29.6 38.5 7.7 64.0 28.4 _ 11.5 68.3 20.3 _ - 40.0 35.8 24.1 51.6 41.0 7.4 16.6 78.2 5.3 Occupation of reference person: Working for wage or sa la ry................ Self-employed...................................... Retired................................................. 91.1 8.9 0 0 0 100.0 - 94.1 5.9 0 0 0 100.0 - 85.6 14.4 0 0 0 100.0 - Marital status of reference person: Married................................................. Widowed............................................... Divorced............................................... Separated............................................ Single (never married)......................... 3.5 11.9 56.2 7.7 20.8 6.3 43.2 32.9 3.6 14.0 - 4.6 27.4 53.0 3.1 11.9 4.0 71.7 17.2 .7 6.3 - 100.0 0 0 0 0 100.0 0 0 0 0 - Race/ethnicity of reference person: Black.................................................... Hispanic............................................... White and o th er................................... 12.7 4.6 82.7 13.5 3.2 83.3 - 13.2 2.2 84.6 7.6 1.5 90.9 - 5.3 3.0 91.7 4.3 1.8 93.9 - 10.8 30.8 30.6 27.5 - 11.3 29.6 20.0 38.6 - “ 9.2 33.0 18.8 33.0 — 26.9 22.3 Average number of: Rooms: Renter............................................... Homeowner....................................... Bathrooms (including halfbaths): Renter............................................... Homeowner....................................... - - — — - - Education of reference person: Did not graduate high school............. High school graduate........................... Some college (including A.A. degree).................... College graduate (B.A. degree, and so fo rth ).................................... Graduate/professional degree............ 23.5 16.2 ~ 33.6 24.7 22.3 12.7 15.3 10.4 - - 14.6 10.8 10.9 5.9 - 16.2 14.7 17.9 8.1 - Degree urbanization: Rural..................................................... Urban.................................................... 6.9 93.1 9.5 90.5 - 10.8 89.2 11.6 88.4 - 13.2 86.8 13.9 86.1 - Region of residence: Northeast............................................. Midwest................................................ South.................................................... W est..................................................... 18.8 17.3 39.2 24.6 23.0 28.8 22.1 26.1 - 20.3 23.2 36.3 20.3 - - 13.2 24.5 39.3 23.0 18.2 29.9 33.4 18.6 20.6 25.3 33.5 20.6 Income distribution: 1st quintile........................................... 2nd quintile.......................................... 3rd quintile........................................... 4th quintile........................................... 5th quintile........................................... 10.2 20.4 27.3 26.9 15.3 36.4 35.8 13.9 8.1 5.8 - 17.1 33.1 26.3 16.7 6.8 50.2 35.0 12.1 2.2 .5 - 4.1 6.4 16.6 26.9 46.2 9.2 46.0 28.6 12.4 3.8 - - - - - 1 Absolute values are displayed. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 41 Expenditures in Retirement the reference person is married. For single-member consumer units, however, there are a variety of possible values for the marital status variable. A single man or woman may be wid owed, divorced, separated, never married, or in a small num ber of cases, married. Even though a “married single person” seems oxymoronic, some plausible explanations exist. Con sidering that the household type is determined at the time of the interview, a married person whose spouse is living else where (perhaps on a long-term work assignment, such as a military tour of duty) may be counted as a single person con sumer unit. It could also be that some o f these “married singles” are actually separated, though perhaps not legally so. In that case, the respondent may identify himself or her self as married, rather than separated. Either way, the spend ing patterns of a married person living alone for an extended period are assumed to mirror the spending patterns of a “true” single person more closely than those of a married couple. The sample also includes only those consumer units that report ownership of at least one automobile, so that expendi tures will be more comparable. The most obvious effect of automobile ownership is on transportation expenditures. Pre sumably, some retirees choose to sell or give away their auto mobiles due to a lack of need for personal transportation (for example, they are no longer going out to work every day). Maintaining an automobile can add many dollars of expendi ture to the household budget. Not only are there costs for gasoline, motor oil, and the occasional repair, but automobile insurance may be expensive, and may increase as the driver grows older. Age-related health reasons may also play a part in this decision. Whatever the reason, lack of automobile ownership presumably limits mobility, and thus may affect other expenditures, such as those for food away from home, entertainment, and vacation and travel. The above qualifications result in the following sample sizes: 260 preretired single men and 222 retired single men; 547 preretired single women and 725 retired single women; and 1,325 preretired couples and 1,220 retired couples. Note that these data are not weighted to reflect the population. First, this article compares demographics, income, and quar terly expenditures of preretired and retired consumer units, within each household type examined (that is, single person or married couple). Some of the results of these comparisons may be expected based on the parameters set for each group. For example, the lower income levels reported for retirees are not surprising given that no one is earning labor income in those households. Thus, an important question is how retire ment itself affects expenditure patterns: that is, whether tastes and preferences change in retirement, even if incomes are held constant. To this end, regression analysis is performed (us ing ordinary least squares and a modified Cragg method where necessary) to examine differences in marginal propensity to Monthly Labor Review Digitized for 42 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 consume and income elasticity. These analyses help to es tablish whether or not differences in expenditure patterns are related to retirement, per se, or to an income effect associated with retirement. Dem ographics As previously noted, some of the household characteristics are determined by the sample selection criteria. For example, the average age of the reference person is constrained to be within the allowed ranges for the preretired group (55 to 64) and retired group (65 to 74). Across the three household types studied, the average age for preretired reference per sons is 59 years, and that for retired reference persons is 70 years. (See table 1.) Additionally, because automobile owner ship is a condition of the sample selection process, the aver age number of vehicles is greater than one in each case. However, some findings are not so predictable. For ex ample, contrary to the popular notion that “everyone” moves to Florida (or at least the “Sunbelt”) upon retirement, single preretirees are more likely to be located in the South than single retirees. This difference is most pronounced for single men: 39 percent of preretirees live in the South, compared with 22 percent of retirees. For single women, the difference is less pronounced: 39 percent of preretirees live in the South, com pared with 36 percent of retirees. However, for married couples, almost no difference exists; about one-third of married couples studied live in the South both before and after retirement. Single men. Single retired men are more likely to be homeowners (72 percent) than are single preretired men (62 percent). The difference is even more pronounced if the ho meowner holds no mortgage against his property: 64 percent of single male retirees own their homes outright, compared with only 30 percent of the preretired. Regardless of work status, more than 90 percent of single men live in urban areas. Additionally, despite the large plurality of preretired single men in the South (39 percent), after retirement, single men have the most even distribution of the study sample. Ironi cally, the South has the lowest percentage of retired men—22 percent. It is the Midwest that claims the highest percentage of single retired men (29 percent). There is little difference between single male retirees and single male preretirees in terms of race or ethnicity. More than 80 percent of both groups have reference persons who are white (or other race, including Asian, Pacific Islander, and others), and the least represented race for both groups is Hispanic (3 percent of retired and 5 percent of preretired single men). For single retired men, the distributions among levels of education and among income quintiles follow the same nega- tive slope. For example, the largest percentage of single re tired men (31 percent) has attained the least education, that is, they did not graduate from high school. Similarly, the largest proportion of single male retirees are also in the lowest in come quintile (36 percent). Furthermore, the highest category of educational attainment (graduate or professional degree) accounts for the smallest proportion of single retired men (10 percent), and the highest income quintile contains the small est proportion of single retired men (6 percent). Given the expected correlation between income and education, this pat tern is not surprising. The correlation also appears to hold for single preretired men, although the ordering of categories is reversed: single preretired men are more likely to have at least a high school degree than are single retired men, and they are also more likely to be in one of the top three quintiles than are single retired men. This may reflect a generational effect, as educational opportunities have become more available and more socially and economically valuable for each successive generation. Single women. The housing tenure and degree of urbaniza tion for single women follow the same patterns as those de scribed for single men, that is, retirees are more likely to be homeowners without a mortgage than are preretirees, and re gardless of work status the majority of the sample resides in urban rather than rural areas. However, unlike single men, a higher percentage of single women, both retired and working, live in the South (36 percent of single retired women and 39 percent of single preretired women) compared with other re gions. It is also interesting to note that the largest difference in the proportion of retired and preretired single female resi dents is in the Northeast. Only 13 percent of (or about one in eight) single female preretirees live in this region, compared with 20 percent of (or one in five) single female retirees. In terms of race, again, white and other is the predominant group for both single female retirees (91 percent) and single female preretirees (85 percent). There is, however, a notable difference in the proportion of single female retirees who are black (8 percent) and single female preretirees who are black (13 percent). Roughly 2 percent of both groups of single women are Hispanic. Unlike single retired men, the largest percentage of single retired women have completed high school (39 percent), com pared with other levels of education, but only 6 percent have obtained a graduate or professional degree. Again, those in the preretired group are more likely than retirees to have at least attended college. While the income distribution for single retired women is similar to that of single retired men, the dis parity between the lowest and highest quintiles is much greater for single women. In fact, half of all single retired women fall into the lowest quintile, and less than 1 percent fall into the https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis highest quintile. More single preretired women are in the second income quintile (33 percent) than are in any other quintile, and a much higher percentage of preretirees (7 per cent) than retirees fall into the highest income quintile. Husband-and-wife couples. Once again, homeownership is more likely in the retired sample than in the preretired sample of married couples. Furthermore, there is a lower percentage of renters in the married couple sample (5 percent of retirees and 7 percent of the preretired households) than in the singles samples. Roughly one-third of husband-and-wife consumer units live in the South, regardless of work status, and the Midwest is the only region in which the proportion of retired married couples (25 percent) is smaller than that of preretired married couples (30 percent). There is little difference between retired married couples and preretired married couples in the percentage of reference persons who are white or other races, which is once again the most represented category in the sample. Approximately one-third of the reference persons in both retired and preretired husband/wife consumer units are high school graduates. The largest differences between the two groups are found at the lowest and highest levels of educa tional attainment. While 19 percent of the retirees in this sample did not graduate from high school, the same is true for only 9 percent of the preretired married couples. At the other end of the scale, only 8 percent of reference persons in retired couples have earned a graduate or professional degree, com pared with 15 percent of preretired couples. The comparison of income distribution among retired and preretired married couples is different from that of single men and that of single women. First, the highest percentage of married retirees (46 percent) fall into the second quintile, not the first quintile as is the case for single male and single fe male retirees. In fact, only 9 percent of retired husband-andwife households are in the lowest quintile. For the preretired married couples, the income distribution is more concentrated, that is, only 4 percent of the sample are in the lowest quintile and 46 percent are in the highest income quintile. Income Before discussing the comparative results, it is important to provide a more detailed definition of some of the income sources examined in this study. For example, with income as with demographics, there are some results that are determined by the sample selection criteria. Specifically, no retired house holds have labor income, including wages and salaries and self-employment income. For this reason, a new income cat egory is created in order to make the total income for retirees and preretirees more comparable (income before taxes, which Monthly Labor Review July 2002 43 Expenditures in Retirement is commonly used as a measure of total income, includes labor income). The components of comparable income are those income sources that are available to both retired and preretired consumer units: that is, comparable income includes interest and property income, unemployment insurance and workers’ compensation, public assistance, and several other sources, but it excludes wages and salaries, self-employment income, or income from Social Security, and private and government retirement. It should be noted that more than 20 percent of preretirees in all three household types report some retire ment income, which could be explained by early retirement. (See table 2.) Specifically, some persons may choose to retire from a career before age 65, but continue to earn some labor income from another job; in this event, they are classified as preretired in this study.24 Even so, retirement income is not included in the comparable measure, because it may be a supplemental source for the preretired, but it is the main (or perhaps sole) source of income for retirees, and thus it is not comparable. Another important consideration regarding the income analysis is that the figures presented are for average annual income per consumer unit. To ensure more meaningful comparisons, only incomes from complete income reporters are shown. Single men. Not surprisingly, single male retirees have sig nificantly lower total incomes ($24,738) than do preretired single men ($42,033). Approximately 77 percent of the preretirees’ income is from wages and salaries ($32,196), while Percent reporting and average annual income, preretirees and retirees, by composition of consumer unit, consumer Expenditure Interview Survey, 1998-99 (complete income reporters only) Single men Single women Married couples Category Percent reporting income source: Income before ta x e s .......................... Wages and salaries......................... Self-employment income................. Social Security, private, and government retirement.......... Interest, dividends, rental income, and other property income........... Unemployment, workers’ compensation, and veterans’ benefits................. Public assistance, supplemental security income, and food stam ps........................... Regular contributions for support (including child support and alimony).................................. Other incom e................................... Comparable income2 ........................... Annual means: Income before ta x e s ......................... Wages and salaries......................... Self-employment income3 ............... Social Security, private, and government retirement.......... Interest, dividends, rental income, and other property income........... Unemployment, workers’ compensation, and veterans’ benefits................. Public assistance, supplemental security income, and food stam ps........................... Regular contributions for support (including child support and alimony).................................. Other incom e................................... Comparable income2 ........................... Preretired Retired t-value' 100.0 89.4 14.8 100.0 0 0 - 25.9 98.3 37.5 35.3 5.6 3.5 .5 6.4 .5 3.2 42.6 0 1.7 41.6 - $42,033 32,196 $24,738 0 0 3,482 Preretired Retired t-value' 100.0 92.7 6.1 100.0 0 0 - ~ 22.8 — Preretired Retired 99.9 94.1 19.9 100.0 0 0 _ - 99.3 25.1 100.0 - 31.2 27.4 - 32.3 36.9 - 3.8 .3 - 3.1 2.7 - 1.2 5.2 .8 1.7 2.8 .2 36.4 2.1 .2 34.3 - .2 1.6 36.0 .3 .8 39.8 _ - 5.137 14.929 3.833 $30,443 25,376 $15,690 0 0 10.919 21.736 3.453 $74,816 59,068 $27,570 o 0 15.669 30.893 4.232 17,815 10.722 2,177 13,758 24.149 4,533 25,038 33.288 1,321 5,813 3.127 840 1,678 2.164 1,939 2,285 .878 392 172 .817 106 37 1.574 62 80 .607 2 106 2.027 14 60 2.243 44 94 0.888 5 1,894 3,614 0 832 6,923 1.000 .929 1.662 425 0 1,386 156 1 1,932 1.553 .948 1.285 57 40 2,142 51 21 2,532 .093 1.157 .961 - _ - - ' Absolute values are displayed. 2 Income before taxes less wages and salaries; self-employment income; and Social Security, private and government retirement income. 3 Mean incomes from this source are less than $1 44 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis t-valu e1 July 2002 retirement income ($17,815) contributes 72 percent of the retir ees ’ income. However, when considering only comparable income sources, the relationship between preretired and re tired single men reverses. From those sources that are avail able to both groups, retirees earn more ($6,923) than do preretirees ($3,614). Yet, the percentage of single men report ing these sources of comparable income is similar for the re tired sample (42 percent) and the preretired sample (43 per cent). Nevertheless, this “reversal of fortune” can be at least partially explained by the higher income earned by retired single men from dividends, interest, rental and other property— $5,813 compared with $1,321 earned by preretired single men. In fact, the average member of the single-male-retiree group earns more income from this source than does any other de mographic group in the study. Interestingly, there is no great difference in the percent reporting this source of income (35 percent of single retired men and 37 percent of preretired single men). Presumably, the retirees have had their investments longer and are thus enjoying the time value of money. In addition, retirees may have different types of investments than preretirees based on their needs and goals: income generat ing investments versus growth funds, for example. Finally, retired single men are much more likely to receive public assis tance, which includes supplemental security income and food stamps (6 percent report income from this source), than are preretired single men (less than 1 percent receive this type of income). Single women. As with single male households, total income before taxes is significantly higher for the preretired single women ($30,443) than for the single retired women ($ 15,690), but comparable income is higher, albeit less so, for retirees: $1,932 compared with $1,386. Also, a higher percentage of retired single women report income from public assistance (5 percent) than do preretired single women (1 percent). Single women in both groups derive a higher proportion of their income from one primary source than do single men. In the case of female retirees, 88 percent of their income comes from retirement sources, while 83 percent of preretirees’ earnings come from wages and salaries. In addition, single women, regardless of work status, are the only household type of which more than 1 percent of the sample reports income from alimony and child support. Husband-and-wife couples. Income before taxes is $74,816 for preretired married couples and $27,570 for retired married couples. Wages and salaries account for 79 percent of the preretirees’ income, while 91 percent of retirees’ income comes from retirement sources. The figures for comparable income show the same inverse relationship as those in the single households discussed above. Married couples, however, differ from the singles in that the difference between the re- https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis tired and preretired couples’ income from interest and divi dends is not significant. Another difference is that where the percent reporting income from public assistance is substan tially higher for retirees in the single samples, 2 percent of retired couples and 1 percent of preretired couples report this source of income. O utlays As with the analysis of income, there are some important meth odological distinctions that should be discussed before the comparison of outlays is presented. First and foremost is the decision to use an outlays approach, which differs from the average annual expenditures shown in the standard Bureau of Labor Statistics publications of the Consumer Expenditure Survey data. Specifically, in these publications, certain items of expense are excluded, such as mortgage principal which is listed as a reduction of liabilities, not an expenditure. The housing expenditures do include the mortgage interest paid by the consumer unit. The same is true for vehicle payments made during the reference period on financed vehicles (only the interest is included as an expenditure). However, if a ve hicle is purchased during the reference period, the total price (less any trade-in value) is recorded as an expenditure. As a result of this approach, the mean vehicle expenditure value will approximate the average annual payments made by those who finance their vehicles because, presumably, there will be a relatively small number of actual vehicle purchases during any one quarter, and these will balance out vehicle payments for those individuals who are still making them. However, this method is not suitable when regression analysis involving outlays is employed, as it is in this study. The reason is that those consumer units that happened to purchase during the interview period will have a huge expenditure imputed to them, even if they financed the automobile. Those who are still making payments on their automobile will have their expendi tures artificially deflated, because the principal payments will not be counted as expenditures. Therefore, in this study, the actual amounts paid out by consumer units are examined, in cluding regular mortgage and vehicle principal payments. Although, technically, this may be called an “outlays ap proach,” in this text, the terms “outlay” and “expenditure” are used interchangeably for convenience. For these analyses, it is particularly important to include mortgage principal payments in the comparison of housing expenditures. As previously noted in the demographics sec tion, the majority of retirees in all three household types are homeowners without mortgages, while a higher proportion of preretirees are still making payments on their homes. There fore, in order to allow for an accurate comparison of housing expenditures in pre- and post-retirement families, the “true” housing payment must be examined. In addition, the outlay Monthly Labor Review July 2002 45 Expenditures in Retirement for housing in this study is comprised of shelter (mortgage principal and interest, rental payments, property taxes, and maintenance and repair) and utilities. Presumably, some rent ers may have utility costs included in their regular rental pay ment. Therefore, utilities are included so that homeowners and renters have comparable housing expenses. In addition to housing, some other spending categories have been modified from their standard publication formats to better fit this study. For instance, marketers and advertisers often promote the notion that travel is a popular pastime for retired persons. Presumably this is because of the free time that retirees would have spent working, and perhaps because they now have fewer familial and financial obligations (for example, any children they have are grown, and any home mortgage is likely to be paid off). In order to capture these vacation and trip outlays, a new category is created, which includes such items as housing expenses for a vacation prop erty, and food, alcoholic beverages, lodging and transporta tion on trips. Also, it is important to note that expenditures for pensions and Social Security (that is, payroll deductions and other de posits to government, railroad, or private retirement plans) are excluded from this analysis. This omission allows for a more comparable measure of total outlays, as these expenditures are negligible for post-retirement households. The reason is that for preretirees, these “expenditures” are actually a form of “savings,” which are then a source of “dissavings” for retirees. That is, rather than contributing to a pension fund, a retiree is more likely to “draw it down.” In other words, the same pension plans to which a family contributes prior to retirement will likely be the main source of income for that family after retirement. In addition, no other forms of savings are included as “expenditures” in this analysis.25 Therefore, for the same reason that retirement sources are omitted from “comparable” income (as previously discussed), contributions to pension plans are omitted as a category of expenditure. Finally, note that the analyses presented here use average quarterly outlays per consumer unit. In general, the results indicate that the preretired and re tired households do spend differently, across all family types examined. (See table 3.) For the majority of spending catego ries within each household type (single male, single female, and married couple), the differences are statistically signifi cant. In fact, the following categories are significant for all three groups: total quarterly outlays, food away from home, shelter and utilities, total transportation, private transporta tion, apparel and services, total healthcare, health insurance, prescription drugs, education, alcoholic beverages, tobacco, and life and other insurance. Many of these differences are easily intuited: for instance, one expects significant differ ences in total outlays due to the significant differences in total income (as measured by income before taxes). Also, 46 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 given the homeownership rates and mortgage status com parisons, it is not surprising that preretired consumer units spend more than retirees on shelter and utilities. Additionally, private transportation (expenses for the consumer unit’s owned vehicles) is significantly higher for preretired singles and couples than for retirees. Even though the sample has been restricted to those households who own at least one vehicle, retirees may have paid off their vehicles, and may have lower maintenance and gasoline expenditures due to less use of the vehicle than preretirees, who may be driving to work every weekday. Single men. Preretired single men spend more overall ($6,804)— and for most categories of interest—than do single male retirees ($5,050 total quarterly outlays). The only excep tions are healthcare, for which retirees spend almost twice as much ($560) as the preretired households spend ($293), and cash contributions, for which retired men spend $649 com pared with $268 spent by preretirees. Within the category of healthcare, outlays are higher by retirees for each compo nent, but are only significantly so for insurance and prescrip tion drugs. Interestingly, expenditures for food at home are not sig nificantly different for retired and preretired single men, but preretirees spend significantly more for food away from home ($372) than retired single men spend ($224). Con comitantly, retired single men (73 percent) report foodaway-from-home purchases less frequently than preretirees (90 percent). Thus, even the average expenditure for re tired single men who purchase food away from home is substantially smaller ($305) than the average expenditure for similar preretired single men ($415).26 The most obvi ous explanation is, once again, the difference in income for these groups. But perhaps this is a mobility issue, as retir ees are older and may have health-related barriers to going out. This would seem to be supported by their signifi cantly smaller outlays for vacations and trips, contrary to the proposed notion o f increased leisure and travel after retirement. Furthermore, retirees spend significantly less on entertainm ent items and services ($178) than do preretirees ($311)— entertainment expenditures also include some items related to mobility, such as tickets to sporting and cultural events (theater, concerts, and so forth). Outlays for apparel and services are also significantly lower in the post-retirement single male households: $ 123 compared with $208 spent by preretirees. Presumably, at least part of the preretired m ale’s purchases will be for work clothing, a cost no longer applicable to the retirees. Also, deductions for employer-sponsored plans may ac count for some o f the relatively higher outlays for life in surance by the preretired sample— $94 compared with $40 spent by retired single men. Quarterly outlays anci t-values, preretirees and retirees, by composition of consumer unit, Consumer Expenditure Interview Survey, 1998-99 Single men Single women Married couples Item Preretired Retired Total quarterly outlays........................... $6,804 $5,050 Food at hom e...................................... 580 Food away from home......................... t-valu e’ Preretired Retired t-valu e1 Preretired Retired t-valu e1 2.941 $6,222 $4,911 3.941 $10,482 $7,705 8.471 536 1.139 513 559 2.384 961 880 3.448 372 224 4.249 182 110 6.357 449 245 5.770 Shelter and utilities............................. 2,250 1,286 7.795 2,283 1,496 6.730 3,082 1,831 10.592 T ransportation..................................... Private transportation..................... Public transportation....................... 1,145 1,135 9 643 639 4 2.666 2.640 1.241 809 802 7 530 528 2 3.916 3.855 2.565 1,700 1,685 15 1,131 1,130 2 4.478 4.373 5.682 Vacation/trips...................................... 387 212 2.219 271 211 1.485 623 577 .791 Apparel and services......................... 208 123 2.973 297 217 2.613 428 231 9.195 Healthcare........................................... Health insurance.............................. Medical services.............................. Prescription d ru g s........................... Medical supplies.............................. 293 149 100 33 12 560 271 201 58 31 3.214 5.337 1.340 2.284 1.140 333 132 123 61 17 542 294 127 101 21 6.986 11.340 .177 4.537 .765 617 293 206 89 30 970 542 204 187 37 8.453 14.735 .046 8.626 1.033 Entertainment...................................... 311 178 3.910 238 196 2.325 572 435 1.146 All other outlays................................. Housing while attending school2 .... Personal care................................... Reading............................................ Education......................................... Alcoholic beverages........................ Tobacco ........................................... Cash contibutions............................ Life and other insurance................ Miscellaneous expenditures3 ......... 940 1,050 .255 1.409 .845 1.661 2.453 3.347 2.622 .948 3.649 .253 917 721 .976 1.635 .874 .514 2.239 3.156 3.424 .220 3.266 0.221 1,331 25 98 67 155 90 83 428 201 275 947 1 84 55 17 51 39 484 120 153 2.915 2.881 4.169 4.074 3.742 6.394 7.795 .514 5.517 2.110 - 33 36 123 86 91 268 94 244 - 30 28 6 46 58 649 40 222 1 Absolute values are displayed. 2 Mean outlays for this category are less than $1. 3 Includes legal fees; accounting fees; miscellaneous fees, parimutuel losses; funeral expenses; cemetery lots, vaults, maintenance fees; safe Single women. The comparisons o f outlays by pre- and post-retirement women are similar to those of men de scribed above. Preretired single women spend significantly more than retired women on food away from home, shelter and utilities, transportation (both private and public), ap parel and services, entertainment, education, alcoholic beverages, tobacco, and life and other insurance. Retir ees, on the other hand, generally have higher outlays for healthcare. Unlike in the analysis o f single men, however, single female retirees spend significantly more than their preretired counterparts for food at home— $559 versus $513, and they spend less for cash contributions (although this differ ence is not statistically significant). Also notable is the lack o f significance in the difference between vacation spending by female retirees ($211) and that spent by fe male preretirees ($271). https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - 70 45 108 37 49 365 79 209 - 65 43 17 20 30 328 36 224 deposit box rental; checking accounts, other bank service charges; finance charges excluding mortgage and vehicle; credit card memberships; miscellaneous personal services; occupational expenses; expenses for other property; interest paid, home equity line of credit (other property); Husband-and-wife couples. The analysis o f outlays by married couples yields some interesting results that are different than the previous discussions o f single men and women. For example, the difference in entertainment spend ing is not significant, with preretired couples spending $572 and retired couples spending $435. There are also a few categories o f outlays for which the differences are signifi cant in the couples sample, but are not so in the singles samples, namely, all other outlays and its components— housing while attending school, personal care, reading, and miscellaneous expenditures. It is also interesting to note that like the single female results, spending by mar ried retirees for food at home is significantly different from that spent by preretired consumer units. However, in the case of married couples, preretirees spend more ($961) than do retirees ($880), the opposite as is seen in the single female comparison. Monthly Labor Review July 2002 47 Expenditures in Retirement 1 Percent reporting expenditures that are analyzed using regression analysis Single women Single men Married couples Outlay category Food at hom e................................... Food away from home..................... Shelter and utilities (owners).......... Shelter and utilities (renters).......... Apparel and services...................... Healthcare less insurance1............. Transportation.................................. Entertainment................................... Out-of-town trip s .............................. Preretired Retired Preretired Retired Preretired 99.2 89.6 100.0 100.0 81.5 49.6 98.9 89.6 40.8 100.0 73.4 100.0 100.0 68.5 60.4 98.7 73.9 32.4 99.8 80.1 100.0 100.0 86.3 73.1 99.8 88.1 41.7 99.9 73.1 100.0 100.0 77.0 75.0 97.7 84.7 36.4 99.9 89.4 100.0 99.0 88.3 80.1 99.6 95.3 55.6 N ote: These figures are calculated from the full sample. Therefore, the values for percent reporting may differ slightly from those observations actually used in the regression. Missing values for some independent variables cause a few observations to be removed from the regressions, as described in the main text. 1 Percent reporting positive values only. Those reporting net reimbursements—that is, negative values—and those reporting no Regression analysis and results Thus far, the results presented have examined differences between the preretired and retired groups in general ways. For example, retirees may spend differently on certain goods or services than might preretirees. But how much of this ef fect is due to the lifestyle differences (such as additional free time) that accompany retirement, and how much is due to other differences, such as lower income or other factors? To help discern the effect that retirement has, regression analy sis is useful. In this study, two types of regressions are performed: lo gistic regressions, or “logits,” and ordinary least squares (OLS) regressions.27 Each has a different purpose. The logits are used to ascertain the probability that an event (such as a particular expenditure) will occur, given characteristics of the consumer unit. The logits are only necessary for expendi tures that are not universally made. The OLS regressions de scribe how expenditure levels are related to certain character istics. (For example, most expenditures are expected to in crease with income, but by how much?) Table 4 shows the percent reporting expenditures that are used for regression analysis, and table 5 shows the number of observations used for ordinary least squares regressions. The expenditures selected for study are either those that are basic goods and services (food at home, shelter and utili ties, apparel and services, healthcare less insurance, and transportation) or items that might be expected a priori to differ with retirement (food away from home, entertainment, and out-of-town trips) due to the increased availability of lei sure time. All categories are examined using OLS. Of the basic goods, only apparel and services requires a logit analysis. However, the “leisure” expenditures all require logit analysis. 48 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 Retired 99.9 80.7 100.0 100.0 79.5 84.8 99.5 90.8 48.0 iexpenditure are treated as “nonexpenditures.” Reimbursements are rare, Ihowever. The largest percentage occurs for retired single males, and accounts for 3.6 percent of the group. Reimbursements are reported for 1.5 percent of |preretired single males, and 1.4 percent of preretired married couples. For all others, reimbursements account for percentages greater than 0.9 but less than 1.0 percent. Healthcare is the one basic expenditure group that requires special consideration. Only the “out-of-pocket” expenditures for actual medical goods and services are examined, because the quality of health insurance coverage can differ so much for these groups. Presumably, all the retirees in our sample are eligible for Medicare coverage. This is not true of the preretirees. Thus, the utility of comparing probability of cov erage is limited. However, even if one only examines expendi tures for actual drugs, medical supplies, and services, the re sults are still unclear: if the expenditures for “noninsurance” healthcare are higher for retirees, is this due to health reasons, or to less adequate coverage? The analysis in this study shall not attempt to answer these questions; even so, because healthcare is an important factor in maintaining quality of life, the results are reported for those who may find its inclusion useful (such as those who only want to see the “bottom line”—that is, the expected difference in spending associated with retirement, whatever the reason may be). The independent variables for each of the regression mod els are similar. For the logistic regressions, the independent variables used describe occupation of the reference person (retired or preretired, self-employed); marital status for singles (divorced, separated, or never married); race (black) and ethnicity (Hispanic) of the reference person; educational at tainment of the reference person (high school graduate, some college, college graduate, attended graduate school); degree of urbanization for the consumer unit (that is, urban or rural location); region of residence of the consumer unit; housing tenure (home owned without mortgage or renter); and total outlays that are used as a proxy for “permanent” income. (Also, an interaction term is included to see if the relationship of expenditure to “permanent” income differs in retirement.) This study uses “permanent” instead of “current” (that is, 1 Number of observations for ordinary least squares regressions O u tla y category Food at hom e..................................... Food away from home....................... Shelter and utilities (owners)............ Shelter and utilities (renters)............ Apparel and services........................ Healthcare, less insurance............... Transportation.................................... Entertainment..................................... Out-of-town trip s ................................ Single men Single women Married couples 480 396 317 160 364 263 476 397 161 1,270 968 985 279 1,030 944 1,254 1,096 467 2,542 2,168 2,354 153 2,139 2,096 2,532 2,370 1,206 Note: The married couple regressions are missing one observation due to one negative observation for permanent income; presumably, this couple had a relatively large reimbursement for healthcare that overwhelmed their other expenditures in the quarter in which it was received. annual) income because, according to the “permanent income hypothesis,” expenditures are often made with expectations of future earnings in mind.28 In this study, it is particularly important to use “permanent income” as opposed to “current income,” because table 2 shows current income is vastly dif ferent for the preretired and retired groups. This is because the retiree by definition has ceased working, and so he or she must live off of savings and other assets that have been accu mulated. Any income received will presumably be based on these assets (such as interest or dividends), or will be from some source related to previous labor (such as Social Security or pension income). Even so, these income sources by them selves may not be enough to sustain a comfortable living situ ation for most consumers (retired or otherwise), and would be an unrealistic measure of the consumer unit’s actual economic status.29 Expenditures reflect rational decisions based on lev els of wealth (rather than income alone) that are available to the consumer unit, and therefore serve as a better indicator of the consumer unit’s tastes and preferences for particular goods and services. (Additionally, by using “permanent income” instead of “current income,” there is no need to distinguish “complete” and “incomplete” reporters, as virtually all respon dents provide some information on outlays.) The purpose of regressions, as noted earlier, is to allow “ceteris paribus” comparisons. That is, given that two con sumer units are identical except for the issue in question (in this case, retirement), how does this issue influence the ex pected outcome for the affected consumer? To aid compari sons, a control group is selected, and its characteristics are used with the regression coefficients to predict the outcomes for each consumer unit (that is, preretired or retired). In this study, the control group consists of consumer units who are: currently working for a wage or salary; widowed (if single); neither black nor Hispanic; lacking a high school degree; liv ing in an urban area of the South; and homeowners with a mortgage. In a few of the OLS regressions, additional controls are applied. For example, it is assumed that single homeowners https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis live in a dwelling with six rooms (including bedrooms) and two bathrooms (including half baths), compared to four rooms and one bathroom for single renters. For couples, owners are as sumed to have seven rooms and two bathrooms, while renters are assumed to have five rooms and one bathroom. It is also assumed for all consumer units that they own one automobile and no other vehicles. These characteristics play roles in different models; for example, outlays for shelter and utilities will obviously vary with the size of the dwelling; transporta tion outlays will depend on number of vehicles owned (auto mobile or otherwise). Some other outlays, such as entertain ment, may also depend on numbers of vehicles. One enter tainment expenditure category specifically accounts for ex penditures on vehicles like boats or motorcycles. In some cases, the consumer unit owns these vehicles (such as a boat) specifically for recreational purposes; in other cases, having access to certain vehicles (such as motorcycles) may make access to certain areas a greater possibility, and the opportu nity may drive the expenditure. Also, before performing the regressions, all expenditure values (including permanent income) were transformed by tak ing their natural log. This was done to m inim ize heteroscedasticity, which can be a problem in regression mod els. However, it has a convenient side-effect in that the mar ginal propensities to consume (M P C ) and income elasticities have special properties: For all the basic goods (except ap parel and services), the M PC becomes proportional to the ex pected budget share for the item under study; the elasticities simply equal the coefficient on natural log of permanent in come. (For more information, see the appendix.) Before examining the results, two caveats are in order: First, for the “ceteris paribus” analysis, note that average total out lays are used as the “control” amount, and that the average for preretired consumers is the operative value. This may not seem realistic, since the tables clearly show that outlays de cline with retirement. There are several reasons for this: Even if tastes and preferences do not change in retirement, retirees are more likely to have paid off their mortgage, which would substantially reduce outlays. Additionally, as noted earlier, because the Consumer Expenditure Survey is not longitudi nal, it is impossible to obtain a large sample whereby the act of retirement may be observed, let alone one where several years (or at least time periods) of expenditures both prior to and after retirement may be observed. Given the method used to define the sample, then, it could be that some selection bias is intro duced into the data; that is, perhaps a substantial amount of the “preretirees” are consumers who plan to continue to work during retirement, though not necessarily at their original ca reer job. These consumers may have different characteristics (including tastes) than those who retire completely, and thus they “select” themselves out of the retiree sample. However, assuming this problem is minimal, the issue still remains that Monthly Labor Review July 2002 49 Expenditures in Retirement expenditures decline in retirement for those in the sample. The “ceteris paribus” results are concerned with the effect of the retirement decision itself, so in this discussion there is no problem. (See tables 6 and 7.) However, some readers may be interested in learning how expenditures differ in reality as a total result of retirement and its concomitant decisions that result in lower total outlays. For that purpose, tables are in cluded in Appendix A that show the “total effect” of retire ment. (That is, most characteristics, such as region of resi dence, are held constant, but permanent income is allowed to decrease.) Second, one other factor cannot be separated out from the retirement decision: by definition, the retirees in this sample are older than the preretirees. Therefore, some of the retire ment effect may be increased or decreased by an age effect. (This may be especially true for an expenditure such as healthcare less insurance.) Finally, the number of observations differs from the full sample size in a few cases. This is generally due to missing data; for example, occasionally a consumer unit does not pro vide information on number of rooms or bathrooms in the household, and those records are deleted from the regres sion. Also, in the case of healthcare less insurance, the ex penditure can be reported as negative because of reimburse ments made by insurance companies. If a consumer unit made an expenditure for healthcare in one quarter and re ceived reimbursement in a subsequent quarter, the healthcare expenditure during the “reimbursement” quarter will appear as a negative value. Although on average the reimburse ments and the expenditures will cancel each other out, in the P r e d ic te d p ro b a b ilitie s , “c e te r is p a rib u s ” [In percent] Probability of purchase Ceteris paribus criteria Preretired | Retired Single men: Food away from home..................... Apparel and services...................... Healthcare........................................ Entertainment................................... Out-of-town trips.............................. 94.6 60.6 39.8 90.7 33.2 93.0 70.3 71.6 88.2 29.6 Single women: Food away from home..................... Apparel and services...................... Healthcare........................................ Entertainment................................... Out-of-town trips.............................. 81.4 82.0 84.2 92.8 33.8 83.6 74.1 87.8 90.2 27.5 Married couples: Food away from home..................... Apparel and services...................... Healthcare........................................ Entertainment................................... Out-of-town trips.............................. 92.7 90.5 89.1 96.7 45.4 86.9 85.6 93.4 93.8 46.6 1 Significant at the 95-percent confidence level. Dash indicates result not significant at the 95-percent confidence level. 50 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 regression results they can be problematic.30 Fortunately, these occurrences are infrequent. Table 5 shows the total number of observations used in the OLS regressions.31 For apparel and services and the “lei sure” regressions, observations are less than the total sample size because only those who had positive outlays are included in the OLS stage, as explained in the appendix. Single men. In the case of single men, retirement status ap pears to play an indirect role in expenditure patterns. Although mpcs and elasticities appear to differ in several of the “basic” goods cases, none of these is associated with a statistically significant retirement effect, either for retirement in general or for the interaction of retirement and income, except for trans portation. In this case, the predicted expenditure is signifi cantly related both to the “event” of retirement and to a change in the income/expenditure relationship. Outlays are predicted to drop significantly both in economic and statistical terms. (The difference is $265 per quarter.) The MPC declines sub stantially—from less than $0.18 to more than $0.09. The de crease in elasticity indicates that this good falls from “luxury” status for preretirees to “necessity” status for retirees. This may indicate that before retirement, single men, if given more income, will buy vehicles more frequently or more expensive vehicles than they would upon retirement. Again, retirees may also have less need to drive (therefore, they pay less for gasoline and other travel expenditures), as they do not have to go to work every day. (Note that single women and married couples also experience declines in predicted expenditures for transportation in retirement, although in those cases the dif ference is not statistically significant.) As for the “leisure” goods tested, two show a difference related to the probability of purchase. In the first Significance indicator case, food away from home, the over Retirement incom e all difference in predicted probability is not meaningful—falling from less than 95 percent for preretirees to 93 (1) percent for retirees; the bottom line is most single men are predicted to pur chase food away from home at least once every few months in retirement. Nor is the effect on MPC meaningful; it remains under $0.02 regardless of re tirement status. However, for out-oftown trips, the results are more inter esting. The probability of purchase declines 3 percentage points, due both to the retirement effect and a dif ference in the income/probability rela tionship after retirement. The pre dicted expenditure for actual buyers 1 Elasticities, and so forth under “ceteris paribus” [Probabilities in percent] Married couples Single women Single men Ceteris paribus criteria Preretired Retired Preretired Retired Preretired Retired Variables: Permanent income.................................. Log incom e............................................. $6,804 8.825266 $6,804 8.825266 $6,222 8.735847 $6,222 8.735847 $10,482 9.257415 $10,482 9.257415 Owners: Rooms/bedrooms.................................... Bathrooms/halfbaths.............................. 6 2 6 2 6 2 6 2 7 2 7 2 Renters: Rooms/bedrooms.................................... Bathrooms/halfbaths.............................. 4 1 4 1 4 1 4 1 5 1 5 1 Food at home: Probability of purchase......................... Predicted expenditure (buyers only)..... Marginal propensity to consum e........... Elasticity................................................. 100.0 $536 .014 .18 100.0 $503 .024 .32 100.0 $470 .019 .26 100.0 '■2$546 .034 .39 100.0 $897 .020 .24 100.0 $878 .022 .27 Food away from home: Probability of purchase........................... Predicted expenditure (buyers o n ly )..... Marginal propensity to consume............ E lasticity................................................. 94.6 $193 .013 .45 '93.0 $162 .015 .65 81.4 $169 .017 .64 83.6 $119 .012 .63 92.7 $305 .022 .76 86.9 1,2$252 .014 .57 Shelter and utilities (owners): Probability of purchase.......................... Predicted expenditure (buyers only)..... Marginal propensity to consum e........... Elasticity................................................. 100.0 $2,509 .216 .59 100.0 $2,005 .137 .46 100.0 $2,185 .246 .70 100.0 $1,947 .206 .66 100.0 $3,090 .166 .56 100.0 $2,972 .148 .52 Shelter and utilities (renters): Probability of purchase.......................... Predicted expenditure (buyers only)..... Marginal propensity to consum e........... Elasticity................................................. 100.0 $1,523 .096 .43 100.0 $1,769 .147 .57 100.0 $2,088 .240 .71 100.0 $1,923 .248 .80 100.0 $1,992 .103 .54 100.0 $1,570 .068 .45 Apparel and services: Probability of purchase.......................... Predicted expenditure (buyers only)..... Marginal propensity to consum e........... Elasticity................................................. 60.6 $111 .012 .73 70.3 $99 .013 .92 82.0 $142 .024 1.08 74.1 2$99 .013 .83 90.5 $253 .024 1.00 85.6 12$183 .015 .83 Healthcare (less insurance): Probability of purchase.......................... Predicted expenditure (buyers only)..... Marginal propensity to consum e........... Elasticity................................................. 39.8 $226 .012 .35 71.6 $370 .045 .82 84.2 $158 .014 .55 87.8 1'2$218 .033 .95 89.1 $228 .016 .72 93.4 $336 .020 .61 Transportation: Probability of purchase.......................... Predicted expenditure (buyers only)..... Marginal propensity to consum e........... Elasticity................................................. 100.0 $1,018 .175 1.17 100.0 1'2$753 .094 .85 100.0 $476 .052 .68 100.0 $373 .043 .71 100.0 $1,197 .110 .96 100.0 $889 .083 .98 Entertainment: Probability of purchase.......................... Predicted expenditure (buyers only)..... Marginal propensity to consume........... Elasticity................................................. 90.7 $188 .021 .76 88.2 $155 .014 .63 92.8 $139 .015 .67 90.2 $134 .015 .69 96.7 $284 .026 .95 93.8 $236 .021 .91 Out-of-town trips: Probability of purchase......................... Predicted expenditure (buyers only)..... Marginal propensity to consum e........... Elasticity................................................. 33.2 $98 .012 .82 29.6 $96 .006 .43 33.8 $157 .012 .48 27.5 1,2$155 .012 .49 45.4 $435 .030 .73 46.6 $530 .047 .92 1 Retirement coefficient is statistically significant at the 95-percent confidence level. 2 Coefficient for retired income term is statistically significant at the 95-percent confidence level. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 51 Expenditures in Retirement does not differ much, but the MPC is cut in half—from $0,012 to $0,006, as is the income elasticity— from 0.82 to 0.43.32 Single women. The probabilities of purchase are not signifi cantly affected by retirement for single women, according to the logit results. However, in several cases, retirement is di rectly and indirectly related to differences in expenditures for those who purchase. Food at home, healthcare (less insur ance), and out-of-town trips all exhibit such differences, and apparel and services exhibits an indirect difference (that is, the income coefficient is statistically significant, but not the retirement variable itself). For food at home, a sizable increase in expenditures is predicted—about $76 per quarter. Although not statistically significant, food away from home also shows a decline in predicted expenditure for single female retirees ($50). It is interesting to note that the table in the appendix, in which retirees are assumed to have lower permanent incomes than preretirees, shows that the situation reverses. Although food-at-home expenditures are predicted to rise (by $28), the difference is less than the predicted decrease in food-awayfrom-home expenditures ($65). An interesting difference occurs for apparel and services for this group. After retirement, the MPC for this item is cut in half. As a result, the elasticity falls substantially as well. Be fore retirement, apparel and services are treated as “luxury” goods for single women; afterward, they become “necessity” goods, although they still have a higher elasticity than most of the other expenditure items. It is also interesting to note that although preretired single women are predicted to spend more ($142) than preretired single men ($111) each quarter, male and female retirees have the same predicted expenditure ($99) for apparel and services. This is also roughly true when incomes are assumed to decline for retirees—both single male and female retirees are predicted to spend about $80 on ap parel and services. (See appendix.) M arried couples. As with singles, married couples appear to have some substantial differences either in probability o f purchase or level o f purchase, but not many are statisti cally significant. The only two expenditures that show significant differences are food away from home and ap parel and services. Both show decreases in the predicted expenditure due to the direct retirement effect and changes in the income effect. The apparent difference in probabil ity for food away from home is the largest o f the three groups studied, falling nearly 13 percentage points. Simi larly, the expenditure for those who report purchases falls by $85 per quarter. Nevertheless, the difference in MPC is not even noticed when rounded to the full cent (that is, $0.02 before and after retirement). The elasticity declines somewhat, from 0.76 to 0.62, but still remains in the moder ately high level o f inelastic expenditures. 52 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 Apparel and services, though, show a pattern very similar to single women. Although all groups show declines in pre dicted expenditures, probably because of less need for work attire or uniforms as noted before, apparel and services fall from unitary elasticity for preretired couples to inelasticity (0.83) for retirees. The MPC is also substantially reduced (from $0,024 to $0,015). Predicted expenditures fall by $70 for this group. This study has analyzed expenditure patterns by preretirees to help understand how expenditure patterns differ upon retirement for single men, single women, and mar ried couples. Many differences have been found. Some of these are undoubtedly due to differences that are to be ex pected upon retirement. For example, retirees have lower in comes than preretirees, and therefore would naturally be ex pected to spend less on many items. However, preretirees are found to have different demographic characteristics than re tirees, even when examining carefully selected groups (single men, single women, and married couples with no children). Again, some of these are expected; age is by definition greater for retirees than preretirees, and retirees are more likely to own their home outright (that is, the mortgage is paid off) than are preretirees. Others are not necessarily predictable a priori, such as differences in proportions of each group that are lo cated in various regions of the country. Nevertheless, each of these characteristics could have an effect on expenditure pat terns. To control for these differences, and to attempt to as certain whether income differences are solely responsible for expenditure differences or whether tastes and preferences dif fer in retirement, regression analyses are performed. From the regression results, it is difficult to draw general conclusions about the role of retirement in expenditure deci sions. For example, the results for single men showed few statistically significant differences in probability of reporting expenditures or in the predicted outlay for items. However, more were significant for single women and married couples. Nevertheless, some interesting findings are presented. For example, in each group studied, both the probability of pur chase and predicted expenditure for food away from home are lower for retirees than preretirees. Because these results are calculated assuming income is equal for the pre- and post retirees, it may indicate that the “utilitarian” purpose of food away from home outweighs the “recreational” purpose of food away from home. That is, the preretirees may be purchasing more food away from home more frequently because they do not have the same amount of leisure time as the retirees. How ever, given the lack of statistical significance of many of the parameters used to compute these results, this interpretation should be viewed with caution. Retirement is a major event in a working person’s life, accompanied by many lifestyle changes, such as a reducand retirees tion in labor income and an increase in leisure time. This article documents some o f the potential consequences of these changes. These issues are particularly important today with the “graying” o f the population; it is only a few years until the “baby boomers” reach retirement age. This analysis should be useful not only to professionals and policymakers who study the effects of changing demo graphics on the economy at large, but also to retirement planners and counselors, as well as to those who plan to retire soon themselves. □ N o te s Note: Additional tables can be obtained on the Internet version of this article at h ttp ://w w w .b ls.g o v/cex/csxa rt.h tm Respondents may select only one o f the categories— “retired” or “not working due to disability.” 1 See 65+ in the United States, Current Population Reports, Special Studies (U.S. Bureau o f the Census, 1996), pp 23-190. 19 The other possible occupational statuses for the spouse are “working without pay” or “not working” because they are either going to school or doing something else (that is, not working for a reason not already described). 2 Geoffrey D. Paulin, “Expenditure patterns o f older Americans, 19 8497,” Monthly Labor Review, M ay 2000, pp. 3 -2 8 . 3 Rose M . Rubin and Kenneth Koelin, “Elderly and nonelderly expen ditures on necessities in the 1980s,” Monthly Labor Review, September 1996, pp. 2 4 -3 1 . 4 Mohammed Abdel-Ghany and Deanna L. Sharpe, “Consumption Pat terns Among the Young-Old and O ld -O ld ,” Journal o f Consumer Af fairs, Summer 1997, pp. 90 -1 1 2 . 5 The reference person is the first person mentioned by the survey respondent when asked: “Start with the name o f the person or one o f the persons who owns or rents this home.” 6 N an cy E. Schwenk, “ Trends in the Econom ic Status o f Retired People,” Family Economic Review, 1994, 7(2), pp. 19 -27. 7 Ibid., pp. 2 4 -2 5 . 8 Frankie N. Schwenk, “A Comparison o f Households Headed by Per sons 55 to 65 Years o f Age: Retired and Employed,” Family Economic Review, 1990, 3(3), pp. 19-25. 9 Ibid., pp. 22, 24. 10 A consumer unit is defined as members o f a household related by blood, marriage, adoption, or other legal arrangement; a single person living alone or sharing a household with others but who is financially independent; or two or more persons living together who share respon sibility for at least two out o f three major types o f expenses— food, housing, and other expenses. In this article, consumer unit and house hold are used interchangeably. 11 Thomas Moehrle, “Expenditure patterns o f the elderly: workers and nonworkers,” Monthly Labor Review, M ay 1990, pp. 3 4 -4 1 . 12 Ibid., p. 34. 13 Ibid., p. 36. 14 Rose M . Rubin and Michael Nieswiadomy, “Expenditure patterns o f retired and nonretired persons,” Monthly Labor Review , April 1994, pp. 1 0 -2 1 . 15 A complete income reporter is a consumer unit that provides values for at least one o f the major sources o f its income, such as wages and salaries, self-employment income, and Social Security income. A com plete reporter may not provide a full accounting o f all income from all sources, however. 16 Rubin and Nieswiadomy, “Expenditure patterns...,” p. 36. 17 The 1 9 9 6 -9 7 Consumer Expenditure Survey 2-year report notes that the “Interview survey collects detailed data on an estimated 60 to 70 percent o f total household expenditures. In addition, global esti mates— that is, expense patterns for a 3-month period— are obtained for food and other select items. These global estimates account for an additional 20 to 25 percent o f total expenditures.” Source: Bureau o f Labor Statistics, Consumer Expenditure Survey, 1996-97, Report 935 (U.S. Department o f Labor, September 1999), p. 256. 18 It is im portant to note that some retirees in our sample may be “retired due to disability.” However, in the Consumer Expenditure Sur vey, there is no way to identify those who are both retired and disabled. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 20 Beth Harrison highlights the differences in expenditure levels and shares between these two age groups from the 1984 Consumer Expen diture Interview Survey, finding them to be distinct in most m ajor categories. (See “Spending patterns o f older persons revealed in expen diture survey,” Monthly Labor Review, October 1986, p. 1 5 -1 7 .) In addition, in a study following up on Harrison’s findings, Pamela Hitschler (p. 3) finds that “consumer units in the younger group spent, on aver age, a significantly larger amount on every major expenditure category except housing and healthcare in both years [1980 and 1990 are com pared].” (“Spending by older consumers: 1980 and 1990 compared,” Monthly Labor Review, M ay 1993, pp. 3 -1 3 .) 21 This “age effect” is assumed to include differences by age in health status. Although health status can be an important influence on the expenditures o f older consumers, there are no concrete measures o f health status available in the Consumer Expenditure Survey. 22 As described previously, the definition o f “preretired” and “retired” depends on the occupational status o f the reference person and spouse, in the case o f married couples. It is possible that one o f the parents owns the home, and is therefore the reference person, but the child moves back in with them to provide economic support. 23 Even eliminating families with children does not guarantee that the couple is childless. College students, when living in university-spon sored housing, are considered to be separate consumer units from their parents. Additionally, children may have reached the age o f majority, and may have moved out to establish consumer units o f their own. However, the survey does not collect information in such a way as to allow the selection o f singles or couples who do not have children at all. Therefore, although it is possible that some o f these families purchase items for their children that those without children would not, it is not possible to identify those families with the possibility o f such additional spending. 24 Recall that the definition o f retirement in this study is based on the self-reported occupation o f the reference person. Thus, it is possible to retire from one’s life-long work and to pursue other avenues o f em ployment. The “retiree” may choose to work for pay in a field that was previously a hobby, or perhaps may seek a low-wage job to keep active, but not for income, per se. 25 W hile it is true that some “expenditures,” such as mortgage princi pal, may be considered an “ investm ent” in some cases, most homeowners do not own their home solely for investment purposes, as they might a stock or bond; they also consume the housing services the home provides. Sim ilarly, some consumers may own life insurance policies that pay annuities at some point; however, the policy is not merely a savings vehicle; it is prim arily a purchase o f protection o f one’s estate in case o f unexpected events. 26 Calculated by dividing the average expenditure for the whole group ($372 for preretirees, and $224 for retirees) by the percent reporting, shown in table 6 (89.6 percent for preretirees, and 73.4 percent for retirees). 27 See the Technical Notes section for a detailed explanation o f the regression methodology, including the model specifications. Monthly Labor Review July 2002 53 Expenditures in Retirement 28 See M ilto n Fried m an, A T h e o r y o f t h e C o n s u m p t i o n F u n c t i o n (Princeton, nj : Princeton U niversity Press, 1957). 29 There are also empirical reasons for using “permanent” income in this case. Respondents do not always provide information on “ cur rent” income, and even those who do may not provide a full account ing o f all income from all sources. Furthermore, data regarding assets and liabilities are only collected on a lim ited basis in the Interview survey. H ow ever, the prim ary goal o f the In terview Survey is to collect expenditures. 30 One possible solution is to use four complete quarters for each consumer unit, rather than treat each quarter independently as is done in this article. However, even this solution does not provide a bal anced treatment o f medical expenditures and reimbursements. For example, a reimbursement reported in the second interview (the first interview during which these data are collected) w ill have no matching expenditure because that expense would have been incurred by the consumer unit prior to its participation in the survey. Likew ise, a medical expenditure reported in the fifth and final interview may very well be reimbursed afterward, when the consumer unit is no longer a survey participant. There is no way to capture these prior expenses or future reimbursements. 31 Because the logit models share the same specification, and because they predict the probability o f an expenditure occurring, nearly all o f them have the same number o f observations as the sample size for the group under study. The exception is the set o f healthcare less insur ance models. The lo g it models have few er observations than the sample for the group under study in this case, because the negative healthcare outlays are om itted from the sample before running the regression. (For single men, the total is 470 observations; for single women, it is 1,260 observations; and for married couples, it is 2,515 observations.) 32 A t first glance, the predicted value for out-of-town trips may appear low, but there are at least two reasons for this. First, out-of-town trips are defined in the survey either as trips that last at least overnight for recreation purposes, or “day trips” in which the participant travels at least 75 miles from home. Therefore, they may be short in duration and not costly. Second, this phenomenon may be due to the economet rics underlying the model. The specification may be inaccurate due to omitted variables, improper transformation o f the dependent or inde pendent variables, or other reasons. However, the standard errors o f the relative coefficients are wide enough to encompass an extremely large range o f predicted values. This is because, as noted, E ( ln Y ) is the predicted value resulting from the regression, and e x p [ E ( l n Y ) ] is the predicted value for the expenditure. A very small deviation in E ( ln Y ) can lead to a very large difference in e x p [ E ( l n Y ) ] . For example, as shown in the table, the current predicted value for preretirees is $98. This is based on E ( l n Y ) o f approximately 4.58. However, i f E ( l n Y ) increases by 1 to 5.58, e x p [ E ( ln Y ) ] increases to $265. Even at the 90percent confidence level, an estimate o f 5.58 is plausible; i f all relevant parameters are evaluated at the lowest level in the 90-percent confi dence interval, E ( ln Y ) is approximately -3 .8 8 ; i f all are evaluated at the highest level in the 90-percent confidence interval, E ( ln Y ) is approxi mately 12.99. The same reasoning applies to travel expenditures for single women. Applying the confidence intervals to their parameters yields an estimated range from 0.51 to 9.59 for E ( ln Y ) . A ppendix A : Re sults o f re g re ssio n a n a ly sis In tables 6 and 7, results w ere sh ow n assum ing “ceteris paribus.” That is, all characteristics (inclu d in g perm anent in com e) excep t retirement w ere assum ed to be constant for the groups com pared and the results w ere com puted on that basis. In reality, perm anent in com e d eclin es substantially in retirement. For the reader’s con ven ien ce, the follow in g [In percent] tables sh ow the “full effect” o f retirem ent as estim ated from the regres sion s discu ssed in the text. O nly characteristics that are n ot ex p licitly related to retirement (such as whether one lives in an urban or rural area) are held constant. H ow ever, permanent incom e is evaluated at its mean for retirees in the fo llo w in g calculations. (S e e tables A - l a n d A -2 .) 1 Probabilities of pijrchasing selected goods and services for preretired and retired consumers, allowing full retirement effec t, 1998-99 Probability of purchase Significance indicator Consumer type Pre-retired Retired 94.6 60.6 39.8 90.7 33.2 89.3 57.3 63.6 83.2 23.7 81.4 82.0 84.2 92.8 33.8 79.9 68.6 86.1 87.6 23.2 92.7 90.5 89.1 96.7 45.4 80.1 77.9 89.7 89.3 34.9 Retirement Income Single men: Food away from hom e......... Apparel and services.......... Healthcare (less insurance). Entertainment...................... Out-of-town trip s ................. 1 _ _ _ _ _ _ _ - - _ _ Single women: Food away from hom e......... Apparel and services.......... Healthcare (less insurance). Entertainment...................... Out-of-town trip s ................. _ _ - _ _ _ - - - _ Couples: Food away from hom e......... Apparel and services.......... Healthcare (less insurance). Entertainment...................... Out-of-town trip s ................. 1 Significant at the 95-percent confidence level. Dash indicates result not significant at the 95-percent confidence level. 54 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 - _ - _ - _ - - Predicted outcomes given full retirement effect Preretired I Couples Single women Single men Variables Retired Preretired Retired Preretired Retired Variables: Permanent income.............................. Log incom e......................................... $6,804 8.825266 $5,050 8.527144 $6,222 8.735847 $4,911 8.499233 $10,482 9.257415 $7,705 8.949625 Owners: Rooms/bedrooms............................... Bathrooms/halfbaths......................... 6 2 6 2 6 2 6 2 7 2 7 2 Renters:................................................. Rooms/bedrooms............................... Bathrooms/halfbaths......................... 4 1 4 1 4 1 4 1 5 1 5 1 Food at home: Probability of purchase (percent)..... Predicted expenditure....................... Marginal propensity to consume....... Elasticity.............................................. 100.0 $536 0.014 0.18 100.0 $457 0.029 0.32 100.0 $470 0.019 0.26 100.0 $498 0.040 0.39 100.0 $897 0.020 0.24 100.0 $809 0.028 0.27 Food away from home: Probability of purchase (percent)..... Predicted expenditure (buyers only) . Marginal propensity to consume....... Elasticity.............................................. 94.6 $193 0.013 0.45 289.3 $136 0.018 0.68 81.4 $169 0.017 0.64 79.9 $104 0.013 0.63 92.7 $305 0.022 0.76 80.1 1'2$220 0.018 0.62 Shelter and utilities (owners): Probability of purchase (percent)..... Predicted expenditure....................... Marginal propensity to consume....... Elasticity.............................................. 100.0 $2,509 0.216 0.59 100.0 $1,746 0.161 0.46 100.0 $2,185 0.246 0.70 100.0 $1,666 0.223 0.66 100.0 $3,090 0.166 0.56 100.0 $2,531 0.171 0.52 Shelter and utilities (renters): Probability of purchase (percent)..... Predicted expenditure....................... Marginal propensity to consume....... Elasticity.............................................. 100.0 $1,523 0.096 0.43 100.0 $1,494 0.167 0.57 100.0 $2,088 0.240 0.71 100.0 $1,591 0.260 0.80 100.0 $1,992 0.103 0.54 100.0 $1,365 0.081 0.45 Apparel and services: Probability of purchase (percent)..... Predicted expenditure (buyers only) . Marginal propensity to consume....... Elasticity.............................................. 60.6 $111 0.012 0.73 57.3 $79 0.014 0.89 82.0 $142 0.024 1.08 68.6 2$81 0.013 0.81 90.5 $253 0.024 1.00 77.9 12 $146 0.016 0.86 Healthcare less insurance: Probability of purchase (percent)..... Predicted expenditure (buyers only) . Marginal propensity to consume....... Elasticity.............................................. 39.8 $226 0.012 0.35 63.6 $292 0.046 0.79 84.2 $158 0.014 0.55 86.1 1,2$172 0.033 0.94 89.1 $228 0.016 0.72 89.7 $284 0.023 0.64 Transportation: Probability of purchase (percent)..... Predicted expenditure....................... Marginal propensity to consume....... Elasticity.............................................. 100.0 $1,018 0.175 1.17 100.0 ’•2$584 0.098 0.85 100.0 $476 0.052 0.68 100.0 $316 0.046 0.71 100.0 $1,197 0.110 0.96 100.0 $659 0.083 0.98 Entertainment: Probability of purchase (percent)..... Predicted expenditure (buyers only) . Marginal propensity to consume....... Elasticity.............................................. 90.7 $188 0.021 0.76 83.2 $132 0.017 0.65 92.8 $139 0.015 0.67 87.6 $115 0.016 0.69 96.7 $284 0.026 0.95 89.3 $182 0.022 0.95 Out-of-town trips: Probability of purchase (percent)..... Predicted expenditure (buyers only) . Marginal propensity to consume....... Elasticity.............................................. 33.2 $98 0.012 0.82 12 23.7 $77 0.005 0.35 33.8 $157 0.012 0.48 23.2 1,2$120 0.010 0.42 45.4 $435 0.030 0.73 34.9 $373 0.037 0.76 1 Coefficient for retired income term is statistically significant at the 95-percent confidence level; retirement coefficient is statistically significant at the 95percent confidence level. 2 Retirement coefficient is statistically significant at the 95-percent confidence level. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 55 Expenditures in Retirement A ppendix B. Regression techniques S o m e exp en d itu res, su ch as fo o d at h om e, or shelter and u tilities, are reported by virtu ally all participants in the C on su m er Expenditure Survey. For these item s, the c h o ice o f regression technique is straight forward: O rdinary least squares (OLS) su its them w ell. H ow ever, m any exp en d itu res are n ot u n iversal. T h ese pu rch ases m ay n ot be m ade b eca u se o f tastes and p referen ces (for exam p le, to b a cco and sm o k in g su p p lies) or b eca u se o f durability o f the item (for exam p le, v e h ic le p u rch ases). In th is study, four su ch variab les are exam in ed . Three (fo o d aw ay from h om e, entertainm ent, and o u t-o f-to w n trips) are probably ex a m p les o f the first situation (tastes and p referen ces d issu a d e so m e co n su m ers from p urchase) w h ile the fourth m ay b e an ex a m p le o f the seco n d situ ation (perhaps the con su m er had su ffi cien t am oun ts o f apparel during the last quarter, and did n ot n eed serv ices, su ch as dry clean in g or repair). T h ese k inds o f expenditures require sp ecia l treatm ent in their an alysis. O n e set o f m o d e ls d esign ed to han d le th ese situ ation s is called the “d o u b le h urdle” set o f m od els. T h e set g ets its nam e b ecau se the co n su m er m ust first d ecid e w h eth er to purchase the item , and then h o w m uch to purchase. In these m o d els, the hurdles are m od eled in tw o stages: stage o n e m o d e ls the prob ab ility o f purchase; and stage tw o m o d e ls the lev el o f purchase for th o se w h o buy the g ood . R e su lts o f the tw o stages are u sed togeth er to p redict the expenditure for a g iv en consum er. O ne popular form o f d ou b le hurdle m od el is the Tobit m odel. In th is m o d el, the “h urdles” are estim ated w ith the sam e in d ep en dent variab les. T he sta g es are estim ated in su ch a w a y that on e set o f param eter estim ates is produced, and th ese param eters can b e used to estim ate p rob ab ility o f purchase (u sin g the cu m u lative d en sity fu n ction , as w ith probit) and the m arginal p rop en sity to co n su m e (as w ith o l s ). T h e predicted exp en d itu re is eq u ivalen t to the predicted ex p en d itu re for th o se w h o purchase w eig h ted by the probability o f p u rch a se.1 H ow ever, a m ajor draw back o f T obit is the restrictions it m akes on the results. First, b ecau se o n e set o f in d ep en dent variables is u sed , the m od el is o n ly u sefu l w h en the exact sam e set o f variables predicts both the probability o f purchase and the lev el o f ex p en d i ture. T h is is n o t a lw a y s the case. For exam p le, the prob ab ility o f p u rch asin g h ealth insurance m ay d epend on the siz e o f o n e ’s fam ily. H o w ev er, i f a particular p o lic y ch arges o n e prem ium for “fam ily” co v era g e, regard less o f the num ber o f m em b ers o f the fam ily, the Tobit m o d el has a w eak n ess in p redicting expenditures for that policy. Furtherm ore, the T obit m o d el assu m es that the “d irection ” o f each variab le is the sam e for the p rob ab ility and for the lev el o f con su m p tio n . T h is m ay n o t b e true. For exam p le, an article d escrib in g w in e co n su m p tio n b y U .S . m en fin d s that th o se w h o h ave at least a high sc h o o l ed u ca tio n are m ore lik ely to drink w in e than m en w h o h ave lo w er le v e ls o f education; h ow ever, th ey also find that m en w ith at least a h ig h sc h o o l ed u cation drink less w in e than th ose w h o have lo w er le v e ls o f ed u ca tion .2 Other m o d els have b een proposed, h ow ever, to handle the “double h urdle” situation. T he m o d e ls u sed in th is study are b ased on a type d escrib ed b y John G C ragg.3 In C ragg’s m ethod, the probability o f p u rch ase is estim a ted separately from the le v e l o f exp en d itu res. C ra g g ’s approach has m any advantages over the Tobit. T he ab ility to separate th e p rob ab ility o f purchase and lev el o f expen d itu re eq u a tio n s a llo w s d ifferen ces in variab les and sig n s across the tw o stages o f the a n alysis, p ro v id in g C ragg’s approach w ith a “con sid erab le in terp reta tio n a l a d v a n ta g e” o v er th e T ob it m o d e l, a cco rd in g to M oh am ed A b d el-G h a n y and J. F e w S ilver.4 A d d ition ally, “T o b it ... fo rces zero ob serv a tio n s to represent co m er so lu tio n s,” accord in g to other researchers, w h o g o on to d iscu ss a w ea k n ess in T obit already 56 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 addressed— nam ely, that it “p resum es that the sam e set o f variab les and param eter estim ates d eterm ine both the discrete p rob ab ility o f a n on zero o u tcom e and the level o f p o sitiv e ex p e n d itu r e s....”5 A lth ou gh C ragg’s m o d els u se probit to p redict the prob ab ility o f purchase, he n otes that lo g it can b e u sed in stead .6 M an y standard econ om etric textb ook s p oin t out that logit, w h en applied, p rod u ces prob ab ility estim ates that are nearly id en tical to probit estim ates. H ow ever, lo g it is m uch easier to u se and interpret. T h e eq u ation for p red icting probability o f purchase (P ) is: P = e x p ( a + b X ) /[ 1 + e x p ( a + b X )\ w here a is the intercept o f the lo g it equation b is a vector o f param eter estim ates A is a vector o f in d ep en dent variables. T he form ula can b e entered into a standard spreadsheet to estim ate p rob ab ilities o f purchase for different con su m ers. Furtherm ore, the eq u ation is ea sily differentiated to find the m arginal relation sh ip o f probability to a particular variable. (F or exam p le, i f in co m e rises by $ 1, h o w m uch d oes the probability o f purchase change?) W ith probit, an equation m ust b e estim ated, and the resu lts m ust b e lo o k ed up in a statistical table to fin d ou t the o verall p rob ab ility o f an ev en t occuring, as w e ll as the m arginal effect on probability from ch an gin g a variable. In the version o f the C ragg m odel u sed in th is paper, the p rob ab il ity o f purchase is estim ated as su g g ested w ith a lo g istic regression . Separately, OLS is u sed to estim ate exp en d itu res for th o se w h o pur ch ase the item .7 To get the final results, the predicted p rob ab ility o f purchase ob tain ed from the first stage is m u ltip lied b y the p redicted exp en d itu re for th ose w h o purchase. T h is essen tia lly p rod u ces an average p redicted exp en d itu re, w eig h ted b y the p rob ab ility o f pur chase. To illustrate the intuition behind obtaining th is w eigh ted aver age p redicted expenditure, su p p ose that a large sam p le o f con su m ers is selected random ly. S u p p ose that 25 p ercent o f the participants purchased a particular item . S u p p ose that th is item so ld for $ 1 0 0 . T h e average exp en d itu re for all con su m ers is then $ 2 5 , or 25 percent m ultip lied by $ 1 0 0 . I f a sm aller sam p le is ran d om ly se lecte d from th is large group, the ex p ected valu e o f the average o f that sm aller sam p le is a lso $ 2 5 . T h is is b ecau se i f a large num ber o f random sam p les w ere p u lled from the total sam ple, and each tim e the average expenditure w as recorded, then the “grand average” (that is, the aver age o f the averages) is ex p ected to be $ 25. W hen estim atin g the m arginal prop en sity to con su m e and ela stic ity for the Cragg m od els, the logit results are taken into account. T his is b ecau se in com e is assum ed to in flu en ce exp en d itu res b oth directly (through lev el o f exp en d itu re) and in d irectly (b y ch an gin g the prob ab ility o f purchase). T h e m athem atical d etails are p rovid ed in the fo llo w in g se ctio n s (“M arginal P rop en sity to C on su m e (MPC)” and “E la sticities.”) A s a final p oin t, there are so m e exp en d itu res for w h ich T obit m ay be appropriate, in that this tech n iqu e assu m es that, g iv en en o u g h tim e, all con su m ers w ill even tu ally purchase the g iv en item . For exam p le, less than 100 p ercent o f all con su m er units report ex p en d i tures for apparel and services every quarter, but g iv en en ou gh tim e, it is reason able to assu m e that 100 p ercent w ill ev en tu a lly purchase som e. H ow ever, Tobit still suffers the w e a k n esses d escrib ed earlier, and for co n v en ien ce, the C ragg m od el is u sed for all variab les ana ly zed in th is study. Further exam in ation o f the Tobit m od el w ill be left for future research. M a r g in a l P r o p e n s i t y to C o n s u m e (M P C ). T he m arginal p ropensity to co n su m e (M P C ) is d efin ed as the ch an ge in expen d itu re g iv en a unit ch a n g e in in com e. In th is case, “perm anent in co m e” is the rel evant variable for change. T h e “ OLS o n ly ” regression s d escrib ed in th e text (for fo o d at hom e; sh elter and u tilities; and transportation) have the fo llo w in g sp ecification : E (ln Y ) = a + b l n l + c X w here E ( ln Y ) is the predicted (or “ex p ected ”) valu e o f the d ep en d en t variable a is the intercept b is a param eter estim ate I n i is the natural lo g o f perm anent in com e c X represents all other in d ep en dent variables m ultip lied by their reg ressio n c o effic ie n ts. In th is case, the m p c is calcu lated b y fin d in g the ch an ge in the pre d icted ex p en d itu re g iv en a $1 in crease in perm anent in com e, or 8 E (Y )/8 I . A lth o u g h the m od el is sp ec ified to calcu late E (ln Y ), the d esired result is ea sily obtained: Therefore, to find P the q u otien t rule is used: P ’= (f ’g -fg)l'g2 where / = e x p ( a + f i ln l + A X ) g = 1 + e x p (a + p in l + AX) f ’= g ’= (fi/I )e x p ( a + p i n l + A X ) B e c a u se / ’ and g ’ are equal in this case, this sim p lifies algeb raically to: and, b ecau se g eq u als ( f + 1), this red u ces even further to: P ’= [ f ’( f+i - J) Vg 2=fVgz. N o w , w ith the m uch sim p lified result, it can b e sh o w n that: P ’ = [ ( p l l ) e x p ( a + p i n l + A X )]/[ 1 + e x p ( a + p i n l + A X )]2. A gain , b y substitution, this red u ces to: P*{[P/I]/[\+exp(a + pinI+AX)]}. 8 E ( ln Y ) l d l = d ( a + b l n l + c X ) / d l 1 /[ E ( Y ) ]* d E ( Y )l 8 1 = b * ( l / f ) = b /I T herefore, d E ( Y )/ 8 1 = b * [E (Y )/T \ M P C = P * { [ p / I \ / [ l + e x p ( a + p i n l + A X ) ] } * e x p [E (ln Y )] T h is result has an interesting property in that the m p c is propor tion al to the b u d get share (that is, sp ec ific ou tlay d ivid ed by total o u tla y s), w ith the proportion equal to the param eter estim ate for 1n l. T h is still lea v es o n e question: I f the m od el p redicts E (ln Y ), w hat is E ( Y )? T h is a lso is ea sily so lv e d , in that: E (Y ) = e x p [E (ln Y )\ U s in g th is form u lation , on e n eed o n ly se lect a group o f interest, u se the regression resu lts to determ ine E (ln Y ), and then fo llo w the p roce dures indicated. In this study, the “group o f interest” is the control group d escrib ed in the text. T he C ragg-b ased m o d e ls h ave a m ore com p licated sp ecification , but it is n ev erth eless so lv a b le to y ield the m p c . T he m p c is still d efin ed th e sam e w a y and is still represented the sam e w ay m ath em atically; that is, + P e x p ’[E (ln Y )]; e x p ’[E (ln Y )] = e x p [E (ln Y )] * E ’( InY ); e x p [ E ( ln Y ) ] = E ( Y ) ; E ’(lnY ) = S E ( ln Y ) /c l = 1/E ( Y ) * c E ( Y )/ c I = 1 /E (Y ) * [b * E (Y )/I ] = b /I; A ltern atively, b ecau se E (ln Y ) eq u als a + b ln l + cX , E ’(lnY ) = c E (ln Y )/d I = d ( a + b l n l + c X ) / d I = b * ( l/I ) = b/I; M P C = P * { \P T ]/[1 + e x p i a + p i n l + A X )]\* E {Y ) + P * [£ ( Y)*(b/I)]; or M P C = P * E ( Y ) * { [ p / I J / [ l + e x p ( a + p i n l + A X )] } + P * b [E (Y )/I ] To find d E ( Y )l 81, the product rule o f calcu lu s is used. That is: B e ca u se the term s P and E (Y ) are com m on to both p ie c e s o f the com p licated right-hand sid e o f this eq u ation , m athem atically, the m p c can be sim p lified by factorin g th ese term s out, and m u ltip ly in g them by the sum o f the rem aining p ieces. H o w ev er, the form ula is left in this form for the m om ent, to illustrate an in tu itive point: N o te that the m p c is derived from the p redicted valu e o f the expen d itu re for th ose w h o purchase as w eigh ted by the prob ab ility o f purchase. N o te that the secon d term on the right-hand sid e, that is, P * b [E (Y )/I ], is the sam e m p c as w as foun d b efore, ex cep t that it is w eig h ted b y the probability o f purchase. T he rem ain ing term is a result o f the fact that the p redicted exp en d itu re is affected in d irectly b eca u se p rob ab ility o f purchase ch an ges as a result o f in com e change. 8 E (Y )/ 8 1 = P ’e x p [E (ln Y )\ + P e x p \E { ln Y ) ] E la s tic itie s . In com e ela sticity (or m ore properly in th is case, perm a M P C = 8 E (Y )/8 I . H o w ev er, the initial form ulation is m ore com p licated . T he desired resu lt is actu ally E (Y ) = P * e x p [E (ln Y )] w h ere P is the prob ab ility o f ob servin g an expenditure. R ecall that: P = e x p ( a + p i n l + A X )I [\ + e x p ( a + J 3 ln l+ A X )]) w h ere A X is a v ecto r o f all in d ep en dent variab les ex cep t in com e, each m u ltip lied by their param eter estim ates. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis nent in com e elasticity) is the percent ch an ge in exp en d itu re for a sp ec ific g o o d (su ch as fo o d at h om e) g iv en a 1-percen t in crease in (perm anent) in com e. For exam p le, for retired sin g le m ales, the in com e elasticity for fo o d at h om e is estim ated to b e 0 .3 2 , m ean ing that for every 1-percent in crease in perm anent in com e, th ese m en are predicted to increase foo d -a t-h o m e exp en d itu res b y about one-third o f 1 percent. Monthly Labor Review July 2002 57 Expenditures in Retirement T h e eq u ation for calcu latin g ela sticity ( tj) is: tj= M P C * I /E ( Y ) In the ca se o f the “ o l s o n ly ” regression s, the elasticity in th is ca se is constant, and equal to the param eter estim ate for perm anent in com e. To sh o w th is m ath em atically, recall that MPC in this case is propor tional to the p redicted expen d itu re share; that is, M P C eq u als b [ E ( Y ) l I \. It is ea sy to se e that m u ltip lyin g m p c b y I /E (Y ) y ie ld s b , w h ich is the param eter estim ate for lo g o f in com e, as stated. For the C ragg-b ased m o d els, the fu ll form ula is m uch m ore co m p licated , due to the co m p lex ity o f the MPC equation. H ow ever, on ce the v a lu e o f the MPC is obtained, m u ltip lyin g th is v alu e by the inverse o f the predicted exp en d itu re share still y ie ld s the ela sticity estim ate. R ecall that part o f the m p c equation in volved the probability-w eighted exp en d itu re share. T h e elasticity w ill a lso b e sim ilar to the “ OLS o n ly ” resu lts in that, i f the form ula is sp ecified , it con tain s the prob a b ility -w eig h te d in co m e c o effic ie n t. That is, Footnotes to A ppendix B 1 See John McDonald and Robert A. M offitt, “The Uses o f Tobit Analy sis,” T h e R e v ie w o f E c o n o m ic s a n d S ta t is tic s , M ay 1980, pp. 3 1 8 -2 1 , especially p. 318. 2 J.R. Blaylock and W .N . Blisard, “W ine consumption by us men,” pp. 6 4 5 -5 1 , especially p. 649. A p p l i e d E c o n o m ic s , M ay 1993, 3 John G. Cragg, “ Some Statistical M odels for L im ited Dependent Varibles w ith A p p lic a tio n to the D em and fo r D u rab le G oods,” E c o n o m e tr ic a , September 1971, pp. 8 2 9 -4 4 . 4 Mohamed A bdel-G hany and J. Lew Silver, “Economic and Dem o graphic Determinants o f Canadian Households’ Use o f and Spending on Alcohol,” Family and Consumer Sciences Research Journal, September 1998, pp. 6 2 -9 0 , especially p. 65. 5 Deanna L. Sharpe, Mohamed Abdel-Ghany, Hye-Yeon Kim , and GongSoog Hong, “Alcohol Consumption Decisions in K orea,” Journal o f Family and Economic Issues, Spring 2001, pp. 7 -2 4 , especially, p. 14. 6 See footnotes 5 (p. 830) and 6 (p. 832). M P C * [ I /E ( Y )] = P * { p / [ 1 + e x p ( a + f i l n l + AY)]} + P * b T h e se co n d term on the right-hand sid e, P * b , is the probabilityw eig h ted c o e ffic ie n t ju st m en tion ed . 58 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 7 To reduce heteroscedasticity, the ols model actually predicts the natu ral log o f the expenditure for those with positive expenditures. Coinci dentally, Cragg shows this as one o f the possible specifications for the second stage model. (See Cragg, p. 831, eq. 10.) Contingent “new econom y” jobs? Are “new economy” jobs more likely to involve contingent or alternative employment relationships? Before that question can be answered, “new economy” jobs need to be identified. David Neumark and Deborah Reed, in “Employment Relationships in the New Economy” (NBER Working Paper 8910), show that this is no easy task. Neumark, of Michigan State University and N B E R , and Reed, of the Public Policy Institute of California, operationalized the concept of “new economy” workers in three ways for their analysis. One way is to look at workers in high-tech industries; for this, they used a classification from an article by Daniel Hecker that appeared in this Review a few years back (see “Hightechnology employment: a broader view,” June 1999). A second way is to define “new economy” workers as those who reside in high-tech cities—the authors based this classification on a recent Brookings Institution study. The third approach used by Neumark and Reed is to look at workers in the fastest-growing industries. After defining “new economy” jobs in these three different ways, Neumark and Reed compared the nature of such jobs to other jobs using the Contingent and Alternative Employment Arrangement Supplements of the Current Population Survey. These Supplements are from surveys conducted in February of 1995, 1997,1999, and2001. The results obtained by Neumark and Reed depend on the definition of “new econom y” workers. With the first definition, employment in high-tech industries, the authors did not find greater use o f nontraditional employment relationships. Based on the second definition, residence in high-tech cities, there is evidence that contingent and alternative employment relationships are more common in the new economy. Finally with the third definition, jobs in the fastest-grow ing industries, “new economy” workers are much more likely https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis to have contingent or alternative employment relationships, with much of the difference driven by employment in construction and personnel supply services; it may be that employment in these two particular industries is inherently contingent or alternative. Neumark and Reed do emphasize the “provisional nature” of their conclusions. They indicate that their paper may do more to raise questions and stimulate research than to supply definitive answers. Pollution and discrimination A lthough less so than in the past, occupations are still segregated by sex. In a recent paper, Claudia Goldin of H arvard U niversity develops a “pollution” theory of discrimination in an attempt to explain such segregation (“A Pollution Theory of Discrimination: M ale and Fem ale D ifferences in O ccupations and E arnings,” N B E R Working Paper 8985). In Goldin’s model, discrimination is treated as “the consequence of a desire by men to maintain their occupational status or prestige, distinct from the desire to maintain their earnings.” The notion is that the prestige of an occupation can be “polluted” by entry into the occupation of a person whose qualifications are judged based on the average of the group that the individual belongs to, rather than on individual merits. T herefore, men in an all-m ale occupation might exhibit hostility towards perm itting a woman to enter their occupation, even if a particular woman meets the entry qualifications. Her entry could be perceived in the wider society as a signal that the occupation has been altered. A key aspect of this model is informational asymmetry—in the model, women know what their own levels of qualifications are, and so do their employers, but only their average or median level is widely known. Goldin notes that a “mechanism that increases inform ation, such as the credentialization of occupations, will foster integration.” In addition, the visibility of successful women “may help shatter old stereotypes and in crease know ledge about the true distribution of female attributes.” C a lifo rn ia ’s m inim um w ag e workers There were just over a million workers in California who in 2000 were earning somewhere between that year’s State minimum wage of $5.75 and the new State minimum wage of $6.25 enacted in 2001 according to a report, Minimum Wages: The Econom ic Im pact o f the 2001 California Minimum Wage Increase, from the California Department of Industrial Relations. The author, Jeffrey G Woods, describes the typical minimum wage worker: “She is a teenage, foreign-bom Hispanic without U.S. citizenship. Havingneverbeenmarried, she has no more than a high school education. She is less likely to be a member of a labor union and her total family income is less than $20,000 per year.” R etirem ent a n d w e ll being The raw correlation between retirement status and subjective w ell-being is generally negative. Correlation is not causation, however, as a recent nber Working Paper, “ Is Retirem ent Depressing? Labor Force Inactivity and Psychological Well-Being in Later Life,” by Kerwin Kofi Charles, reminds us. In the case of retirement and well-being, Charles attempts to account for the fact that the two are sim ultaneously determined. “In particular, people with idiosyncratically low well-being, or people facing transitory shocks which adversely affect well-being might disproportionately select into retirement.” Once such factors are taken into account, Charles finds that retired men tend to report lower scores on measures of depression and loneliness. Monthly Labor Review July 2002 59 Cost-of-living, price indexes At What Price? Conceptualizing and Measuring Cost-of-Living and Price Indexes. By the National Research Council. Washington, D C , National Academy Press, 2002,332 pp., $49.95/ hardcover. At What Price? Conceptualizing and Measuring Cost-of-Living and Price In dexes is the product of an 11-member panel convened by the Committee of National Statistics (C N S) and sponsored by the Bureau of Labor Statistics (BLS). BLS requested the panel to analyze the development of a cost-of-living index (C O L I) and evaluate the proper use of consumer price indexes for Federal pro grams such as Social Security, food stamps, and Federal Government wages. Discussion of the C O L I dates back to 1961 when the Stigler Committee of The National Bureau of Economic Research summarized the differences between a consumer price index (CPI) based on a cost-of-goods index (C O G I) and an in dex that measures the cost of living. The Stigler Committee recommended that BLS conduct long-term research to improve the CPI by transforming it into a better approximation of a C O LI. In 1995, the Senate Finance Committee appointed the Boskin Commission to evaluate biases in the C PI. The Senate reasoned that upward bias caused overcompensation to Social Security recipients. The Boskin Commission determined that the C PI overstates inflation by 1.1 percentage points per year and recommended that BLS change the CPI methodology from a C O G I, or fixed market basket framework, to a C O LL The CNS panel promotes the C O L I, similar to the previous commissioned reports, but it diverges from the Boskin Commission conclusions by highlight ing the relevance of the C O G I. Katharine Abraham, former Commissioner of the 60 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 Bureau of Labor Statistics, supported the production of both indexes. “An index that is good for one purpose will not al ways be good for another ... Each pur pose leads to a somewhat different con ceptual framework.” The panel concurs with the former commissioner by recog nizing the importance of the C O G I as an indicator of the level of prices, and the C O L I as a measure of the change in the cost of living. Specifically, the panel defines C O L I as a measurement of “the percentage change in expenditures a household would have to make in order to hold con stant some specified standard of living.” According to economic theory, when prices change, consumers generally shift their purchases toward goods with rela tively lower prices. For example, if the price o f b ee f increases relative to chicken, consumers will tend to pur chase more chicken relative to beef. Therefore, an advantage o f the C O L I compared to the C O G I is how it accounts for substitution between items, while maintaining an equivalent standard of living between two time periods. The C O G I is markedly different from the C O LI because it does not account for substi tution that may occur between items. At What Price? contains 18 recom mendations from the panel. These range from the development of a conditional C O L I to conducting research on issues like quality change and data collection. The panel supports a conditional C O LI where private goods and services are accounted for, but environmental factors are held constant. Accounting for nonmarket prices presents numerous conceptual problems such as measuring price in changes to the environment, quality of life, and public goods. The panel uses temperature as an example. When it is extremely hot or cold, people tend to spend more money on heat or air conditioning. If the price for heat and air conditioning rem ains constant throughout the shift in temperatures, then the price index should not move re gardless of the change in consumption. The panel recognizes that BLS cur rently evaluates what percent of a price change is caused by quality and what percent is caused by ‘real’ price change. BLS is currently investigating a hedonically adjusted price change, where sta tistical regressions are applied to mon etary values based on changes in prod uct characteristics. The panel is cau tious about com pletely integrating hedonics into the entire CPI market bas ket and recommends further research. Another area o f research recom mended by the panel is the exploration of new methods of data collection. Cur rently, the Consumer Expenditure Sur vey accounts for the level of expendi tures across items. Given the high de gree of aggregation, BLS is unable to measure living costs for specific com modities or demographic groups. One means of disaggregating, or collecting household level expenditures, is with handheld computers and scanners. In addition to new survey techniques, the panel recommends researching the fea sibility o f integrating expenditure weights from the personal consumption expenditure (PCE) survey prepared by the Bureau of Economic Analysis. BLS initiated the production of the Chained Consumer Price Index (C -C P IU ) in August of 2002; this new index is based on a C O L I framework. Successful implementation, however, may depend on understanding the methodology be hind the C O LI and C O G I, and specific uses for each index. At What Price? serves as a good resource for business analysts and economists to social science re searchers and policymakers. —Joshua Klick Division of Consumer Prices and Price Indexes, Bureau of Labor Statistics Notes on labor statistics 62 Labor compensation and collective bargaining data—continued 74 2 8 . E m p loym ent C ost Index, private nonfarm w orkers, by b argaining status, region , and area s i z e ......................... 2 9 . P articipants in b en efit plans, m ed iu m and large f ir m s ...... 30. P articipants in b en efits plans, sm all firm s and g o v e r n m e n t.................................................................................. 31. W ork stop p ages in v o lv in g 1 ,0 0 0 w ork ers or m o r e ............. Com parative indicators 1. Labor m arket in d ic a to r s ................................... 2. A n n u al and quarterly p ercent ch an ges in co m p en sa tio n , prices, and prod u ctivity 3. A ltern a tiv e m easu res o f w a g e s and co m p en sa tio n c h a n g e s ................................. 75 75 Labor force data 76 seasonally adjusted.................................................... 77 seasonally adjusted.................................................... 11. Employment of workers by States, seasonally adjusted............................................... 12. Employment of workers by industry, seasonally adjusted............................................... 13. Average weekly hours by industry, seasonally adjusted............................................... 14. Average hourly earnings by industry, seasonally adjusted.................................................... 15. Average hourly earnings by industry......................... 16. Average weekly earnings by industry........................ 17. Diffusion indexes of employment change, seasonally adjusted............................................... 18. Establishment size and employment covered under ui, private ownership, by major industry................... 19. Annual data establishment, employment, and wages, covered unless ui and ucfe, by ownership.............. 20. Annual data: Establishments, employment, and wages covered under ui and ucfe, by State..... 21. Annual data: Employment and average annual pay of ui- and ucFE-covered workers, by largest counties .. 22. Annual data: Employment status of the population ... 23. Annual data: Employment levels by industry........... 24. Annual data: Average hours and earnings level, by industry......................................................... 78 78 79 79 80 80 81 83 84 85 86 87 88 89 90 91 95 96 96 Labor compensation and collective bargaining data 2 5 . E m p lo y m en t C o st Index, com p en sation , b y occu p a tio n and industry g r o u p ........................................ 2 6 . E m p lo y m en t C ost Index, w a g e s and salaries, b y occu p a tio n and industry g r o u p ........................................ 2 7 . E m p lo y m en t C ost Index, b en efits, private industry w orkers, by o ccu p ation and industry g r o u p ..................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 103 104 Price data 4. Employment status of the population, seasonally adjusted............................................... 5. Selected employment indicators, 6. Selected unemployment indicators, seasonally adjusted............................................... 7. Duration of unemployment, seasonally adjusted............................................... 8. Unemployed persons by reason for unemployment, seasonally adjusted............................................... 9. Unemployment rates by sex and age, seasonally adjusted............................................... 10. Unemployment rates by States, 101 102 32. C on su m er P rice Index: U .S . city average, b y exp en d itu re category and commodity and service groups.............. 105 33. Consumer Price Index: U.S. city average and local data, all items......................................................108 34. Annual data: Consumer Price Index, all items and major groups.........................................................109 35. Producer Price Indexes by stage of processing.................110 36. Producer Price Indexes for the net output of major industry groups...........................................................Ill 37. Annual data: Producer Price Indexes by stage of processing................................................. 112 38. U.S. export price indexes by Standard International Trade Classification.................................................... 113 39. U.S. import price indexes by Standard International Trade Classification.................................................... 114 40. U.S. export price indexes by end-use category.................115 41. U.S. import price indexes by end-use category................115 42. U.S.international price indexes for selected categories of services................................................... 115 Productivity data 43. In d exes o f p roductivity, hou rly com p en sation , and unit co sts, data sea so n a lly adjusted ...............................116 4 4 . A n n u al in d ex es o f m ultifactor p r o d u c tiv ity .............................117 4 5 . A nnual in d ex es o f productivity, h ou rly com p en sation , unit costs, and p r i c e s ....................................................................118 4 6 . A n n u al in d exes o f output per hour for selected in d u str ie s............................................................................................119 International comparisons data 4 7 . U n em p loym en t rates in n in e countries, data sea so n a lly a d ju ste d .............................................................. 122 48. A nnual data: E m p loym en t status o f the civilian w ork in g-age p op u lation , 10 c o u n tr ie s................................... 123 49. A n n u al in d ex es o f p rod u ctivity and related m easures, 12 c o u n tr ie s .......................................................................................124 Injury and illness data 97 99 50. A nnual data: O ccu p ation al injury and illn ess in cid en ce r a t e s ............................................................................... 125 5 1 . Fatal occu p ation al injuries by even t 100 or e x p o su r e ........................................................................................... 127 Monthly Labor Review July 2002 61 Notes on Current Labor Statistics T h is sectio n o f the R e v ie w presents the prin cip al statistical series c o lle c te d and ca lcu la ted b y th e B u rea u o f L ab or S ta tistic s : series on labor force; em p loym en t; u n em p loym en t; labor co m p en sa tio n ; con su m er, producer, and international prices; p roduc tivity; international com p arison s; and injury and illn e ss statistics. In the n otes that follow , the data in each group o f tab les are b riefly described; k ey d efin itio n s are given ; n otes on the data are set forth; and sou rces o f addi tion al inform ation are cited. G eneral notes T h e fo llo w in g n o te s ap p ly to several tables in th is section : Seasonal adjustment. Certain m onth ly and quarterly data are adjusted to elim in ate th e effect on the data o f such factors as c li m atic co n d itio n s, industry p roduction sch ed u les, o p en in g and c lo s in g o f sc h o o ls, h o li d ay b u y in g p eriod s, and vacation p ractices, w h ich m ight p revent short-term evalu ation o f th e sta tistica l se ries. T ab les co n ta in in g data that h ave b een adjusted are id en tified as “ sea son ally adjusted.” (A ll other data are not se a so n a lly adjusted.) S eason al effects are e s tim a ted o n th e b a sis o f p a st e x p e r ie n c e . W h en n ew se a so n a l factors are com p u ted ea ch year, r e v isio n s m ay affect se a so n a lly adjusted data for several p reced in g years. S ea so n a lly adjusted data appear in tables 1 - 1 4 , 1 6 - 1 7 , 4 3 , and 4 7 . S eason ally adjusted labor fo rce data in ta b les 1 and 4 - 9 w ere re v ise d in the February 2 0 0 2 issu e o f the R e v ie w . S ea so n a lly adjusted estab lish m en t sur v e y data sh o w n in tables 1 ,1 2 - 1 4 and 1 6 - 1 7 w ere rev ised in the July 2 0 0 2 R e v ie w and reflect the ex p erien ce through M arch 2 0 0 2 . A b r ie f exp la n a tio n o f the season al adjustm ent m eth o d o lo g y appears in “N o te s on the data.” R ev isio n s in the p rod u ctivity data in table 4 9 are u su a lly introduced in the S eptem ber issu e. S ea so n a lly adjusted in d ex es and per c e n t c h a n g e s fro m m o n th -to -m o n th and quarter-to-quarter are p u b lish ed for num er o u s C on su m er and Producer P rice Index s e ries. H o w ev er, se a so n a lly adjusted in d ex es are n o t p u b lish ed for the U .S . average A llItem s CPI. O n ly se a so n a lly adjusted percent ch a n g es are availa b le for th is series. Adjustments for price changes. S om e data— su ch as the “real” earnings sh o w n in table 14— are adjusted to elim in ate the e f fect o f c h a n g es in price. T h ese adjustm ents are m ade by d iv id in g current-dollar v alu es b y the C on su m er P rice In d ex or the appro priate co m p o n en t o f the in d ex, then m u lti p ly in g b y 100. For ex am p le, g iv en a current hourly w a g e rate o f $3 and a current p rice in d ex num ber o f 1 50, w h ere 1982 = 100, the 62 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis hourly rate exp ressed ($ 3 /1 5 0 x 100 = $2). r esu ltin g v a lu e s) are “con stan t,” or “ 1 9 8 2 ” in 1982 dollars is $2 T he $2 (or any other d esc rib ed as “r e a l,” dollars. C o m p a r is o n s o f U n e m p lo y m e n t, BLS B u lle tin 1979. D etailed data on the occu p ation al injury and illn ess series are p u b lish ed in O c c u p a tio n a l I n ju r ie s a n d I lln e s s e s in th e U n ite d Sources of information D ata that su p p lem en t the tab les in th is se c tion are p u b lish ed by the Bureau in a variety o f sou rces. D e fin itio n s o f each series and n otes on the data are con tained in later se c tio n s o f th ese N o te s d escrib in g each set o f data. For detailed d escrip tion s o f each data series, se e BLS H a n d b o o k o f M e th o d s , B u l letin 2 4 9 0 . U sers also m ay w ish to con su lt S ta te s , b y In d u s tr y , a BLS annual bulletin. F inally, the M o n th ly L a b o r R e v ie w car ries analytical articles on annual and lon ger term d ev elo p m en ts in labor force, em p lo y m ent, and u n em p loym en t; e m p lo y e e c o m p en sation and c o lle c tiv e bargaining; prices; productivity; international com p arison s; and injury and illn ess data. Symbols M a j o r P r o g r a m s o f th e B u r e a u o f L a b o r S ta tis tic s , R eport 9 1 9 . N e w s releases p rovid e the latest statistical inform ation p u b lish ed by the Bureau; the m ajor recurring releases are p u b lish ed accord in g to the sch ed u le appear in g on the back co v er o f this issu e. M ore inform ation about labor force, em p loym en t, and u n em p loym en t data and the h o u seh o ld and estab lish m en t su rveys under ly in g the data are availab le in the B u reau ’s m onth ly pub lication , E m p lo y m e n t a n d E a r n in g s. H istorical unadjusted and sea so n a lly adjusted data from the h o u seh o ld su rvey are availab le on the Internet: http://www.bls.gov/cps/ H istorically com parable u nadjusted and sea so n a lly adjusted data from the estab lish m en t survey also are availab le on the Internet: http://www.bls.gov/ces/ A d d ition al inform ation on labor force data for areas b e lo w the national lev el are pro vid ed in the BLS annual report, G e o g r a p h ic P r o f ile o f E m p lo y m e n t a n d U n e m p lo y m e n t. For a co m p reh en siv e d isc u ssio n o f the E m p loym en t C ost Index, see E m p lo y m e n t C o s t I n d e x e s a n d L e v e ls , 1 9 7 5 - 9 5 , BLS B u l letin 2 4 6 6 . T he m ost recent data from the E m p lo y ee B e n e fits S u rvey appear in the fo l lo w in g Bureau o f Labor S tatistics bulletins: E m p l o y e e B e n e f its in M e d iu m a n d L a r g e F ir m s ; E m p lo y e e B e n e fits in S m a ll P r iv a te E s ta b lis h m e n ts ; and E m p lo y e e B e n e f its in S ta te a n d L o c a l G o v e r n m e n ts . M ore detailed data on con su m er and pro d ucer p rices are p u b lish ed in the m on th ly p e r io d ic a ls, T h e CPI D e t a i l e d R e p o r t and P r o d u c e r P r ic e I n d e x e s . For an o v erv iew o f the 199 8 revision o f the C P I , se e the D e c e m ber 19 9 6 issu e o f the M o n th ly L a b o r R e v ie w . A d d ition al data on international p rices ap pear in m on th ly n ew s releases. L istin gs o f industries for w h ich p rod u c tivity in d ex es are availab le m ay b e foun d on the Internet: http://www.bls.gov/lpc/ For ad d ition al in form ation on interna tion al com p arison s data, se e I n te r n a tio n a l July 2002 n .e.c. = n .e.s. = p = r = n ot elsew h ere cla ssified , n ot elsew h ere sp ecified . prelim inary. To in crease th e tim e lin ess o f so m e series, prelim inary figures are issu ed b ased on repre sen tative but in co m p lete returns, rev ised . G en erally, th is r e v isio n r e fle c ts th e a v a ila b ility o f later data, but a lso m ay reflect other ad justm en ts. Comparative Indicators (T ables 1 - 3 ) C om p arative in d icators ta b le s p r o v id e an o v erv iew and com p arison o f m ajor b l s sta tistical series. C on sequ en tly, alth ou gh m any o f the in clu d ed series are availab le m onthly, all m easu res in th ese com p arative ta b les are p resented quarterly and annually. Labor market indicators in clu d e em p loym en t m easu res from tw o m ajor su rveys and inform ation on rates o f ch an ge in co m p en sation provid ed b y the E m p loym en t C ost In d ex (ECl) program . T he labor force partici pation rate, the em p lo y m en t-to -p o p u la tio n ratio, and u n em p loym en t rates for m ajor d e m o g r a p h ic g ro u p s b a se d o n th e C u rren t P o p u la tio n (“h o u se h o ld ”) S u rvey are pre sented , w h ile m easu res o f em p loym en t and average w e e k ly hours b y m ajor industry se c tor are g iv en u sin g nonfarm p ayroll data. T he E m p loym ent C ost In d ex (co m p en sa tio n ), by m ajor sector and b y b argaining status, is c h o sen from a variety o f b l s com p en sa tio n and w a g e m easures b ecau se it p rovid es a co m p reh en siv e m easu re o f em p lo y er c o s ts for hiring labor, n ot ju st ou tlays for w a g es, and it is not affected b y em p loym en t sh ifts am ong occu p ation s and industries. D ata on changes in compensation, prices, and productivity are presented in ta b le 2. M e a su r e s o f rates o f c h a n g e o f c o m p e n sa - tio n an d w a g e s from th e E m p lo y m e n t C o st In d e x p ro g ra m are p r o v id e d for a ll c i v i l ia n n o n fa r m w o r k e r s ( e x c l u d in g F ed era l an d h o u s e h o ld w o r k e r s) and for a ll p rivate n o n fa rm w o r k e r s. M e a s u r e s o f c h a n g e s in c o n su m e r p r ic e s fo r a ll urban c o n su m e r s; p r o d u c e r p r ic e s b y s ta g e o f p r o c e s s in g ; o v e r a ll p r ic e s b y sta g e o f p r o c e s sin g ; and o v e r a ll e x p o rt and im p o rt p r ic e in d e x e s are g iv e n . M ea su res o f p ro d u ctiv ity (ou tp u t per h o u r o f a ll p e r s o n s ) are p r o v id e d fo r m ajor se c to r s. Alternative measures of wage and com pensation rates of change, w h ich reflect the overall trend in labor co sts, are sum m arized in table 3. D iffer en ces in con cep ts and scop e, related to the sp e c ific p u rp oses o f the series, contribute to the variation in ch an ges am ong the in d ivid u al m easures. Notes on the data D e fin itio n s o f each series and n otes on the data are con tain ed in later se ctio n s o f th ese n o te s d escrib in g each set o f data. Employment and Unemployment Data (T ab les 1; 4 - 2 4 ) Household survey data Description of the series Employment data in th is se ctio n are o b tained from the Current P op u lation Survey, a program o f personal in terview s con d u cted m on th ly b y the B ureau o f the C en su s for the B ureau o f L abor S tatistics. T h e sam p le co n sists o f about 6 0 ,0 0 0 h o u seh o ld s selected to represent the U .S . p op u lation 16 years o f age and older. H o u seh o ld s are in terview ed on a rotatin g b a sis, so that three-fou rth s o f the sa m p le is th e sa m e fo r an y 2 c o n se c u tiv e m onths. Definitions Employed persons in clu d e (1) all th ose w h o w o rk ed for pay an y tim e during the w eek w h ich in clu d es the 12th day o f the m onth or w h o w ork ed unpaid for 15 hours or m ore in a fa m ily -o p era ted en terp rise and (2 ) th o se w h o w ere tem porarily absent from their regu lar jo b s b eca u se o f illn ess, vacation , in d u s trial d isp u te, or sim ila r reason s. A p erson w ork in g at m ore than o n e jo b is cou n ted on ly in the jo b at w h ich h e or sh e w ork ed the greatest num ber o f hours. Unemployed persons are th o se w h o did n o t w ork during the su rvey w eek , but w ere av a ila b le for w ork ex cep t for tem porary ill n e ss and had lo o k ed for jo b s w ith in the pre ce d in g 4 w eek s. P erso n s w h o did n ot lo o k https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis for w ork b eca u se th ey w ere on la y o f f are a lso cou n ted am on g th e u n em p lo y ed . The unemployment rate rep resen ts th e n u m ber u n em p lo y ed as a p ercen t o f the civ ilia n labor force. T he civilian labor force co n sists o f all e m p lo y e d or u n e m p lo y e d p e r so n s in th e civilian n oninstitutional pop u lation . P erson s not in the labor force are those not cla ssifie d as e m p lo y e d or u n e m p lo y e d . T h is grou p in c lu d e s d isco u ra g ed w ork ers, d efin e d as p ersons w h o w ant and are availab le for a jo b and w h o h ave look ed for w ork som etim e in the past 12 m onths (or sin ce the end o f their last jo b i f they held on e w ith in the past 12 m o n th s ), b u t are n o t cu rren tly lo o k in g , b e c a u s e t h e y b e l i e v e th e r e are n o j o b s availab le or there are n on e for w h ich they w o u ld q u a lify . T h e civilian noninstitu tional population com p rises all p ersons 16 years o f age and old er w h o are n ot inm ates o f penal or m ental in stitu tion s, sanitarium s, or h o m es for the aged, infirm , or needy. T he civilian labor force participation rate is the p roportion o f the c iv ilia n n on in stitu tion al p o p u la tio n that is in the labor force. T h e employment-population ratio is em p lo y m en t as a p ercen t o f th e c iv ilia n n o n in stitutional population. Notes on the data F rom tim e to tim e, and e sp e c ia lly after a d ecen n ial cen su s, ad ju stm en ts are m ade in th e Current P o p u la tio n S u rvey fig u r es to c o r r e c t fo r e s tim a tin g errors d u rin g th e in tercen sal years. T h ese ad ju stm en ts affect the com p arab ility o f h istorical data. A d e scrip tion o f th ese ad ju stm en ts and their e f fe c t on the variou s data series appears in the E x p la n a to r y N o t e s o f E m p l o y m e n t a n d E a r n in g s . L abor fo rce data in tab les 1 and 4 - 9 are se a so n a lly ad ju sted. S in c e January 1 9 8 0 , n ation al labor force data h ave b een se a so n a lly adjusted w ith a procedure ca lled X - l l arima w h ich w a s d e v e lo p e d at S ta tistics C anada as an ex ten sio n o f the standard X 11 m eth od p rev io u sly u sed by bls. A d e tailed d escrip tion o f the procedure appears in th e X - l l arima S e a s o n a l A d j u s t m e n t M e th o d , b y E ste la B e e D agu m (S ta tistic s C anada, C atalogu e N o . 1 2 -5 6 4 E , January 1 983). A t th e b eg in n in g o f each calen d ar year, h isto rica l se a so n a lly adjusted data u su a lly are revised , and p rojected season al adjust m ent factors are calcu lated for u se during the Jan u ary-Ju n e period. T h e h istorical sea so n a lly adjusted data u su a lly are rev ised for o n ly the m o st recent 5 years. In July, n ew season al adjustm ent factors, w h ich in corp o rate the exp erien ce through June, are p ro d u ced for the J u ly -D e c e m b e r p eriod , but n o r e v isio n s are m ade in the h istorical data. For additional information o n n a tio n a l h o u se h o ld su rvey data, co n ta ct the D iv is io n o f L ab or F o rce S ta tistics: ( 2 0 2 ) 6 9 1 -6 3 7 8 . Establishment survey data Description of the series Employment, hours, and earnings data in th is se c tio n are c o m p ile d from p ay ro ll records reported m on th ly o n a volu n tary b a sis to th e B u reau o f L abor S ta tistics and its coop eratin g State a g en cies b y about 3 0 0 ,0 0 0 e sta b lish m e n ts rep resen tin g all in d u stries ex cep t agriculture. In d u stries are c la s sifie d in accord an ce w ith the 1 9 8 7 S ta n d a r d I n d u s t r i a l C la s s if ic a tio n (SIC) M a n u a l. In m o st in d u stries, th e sa m p lin g p r o b a b ilitie s are b ased on the siz e o f th e estab lish m en t; m o st large e sta b lish m e n ts are th e refo re in th e sam p le. (A n esta b lish m en t is n o t n ecessa r ily a firm; it m ay b e a branch p lan t, fo r e x am p le, or w a r e h o u s e .) S e lf-e m p lo y e d p er s o n s and o th e rs n o t o n a reg u la r c iv ilia n p a y r o ll are o u ts id e th e s c o p e o f th e su r v e y b e c a u se th e y are e x c lu d e d from e s ta b lish m en t record s. T h is la rg ely a c c o u n ts for th e d iffe r e n c e in e m p lo y m e n t fig u r e s b e tw e e n th e h o u s e h o ld an d e s ta b lis h m e n t su rv ey s. Definitions A n establishment is an eco n o m ic unit w h ich p rod u ces g o o d s or se rv ices (su ch as a fa c tory or store) at a sin g le location and is en gaged in o n e typ e o f ec o n o m ic activity. Employed persons are all p erso n s w h o r e c e iv e d p a y ( in c lu d in g h o lid a y an d s ic k p a y ) for a n y part o f th e p a y r o ll p e r io d in c lu d in g th e 12th d ay o f th e m o n th . P er s o n s h o ld in g m o re th an o n e j o b (a b o u t 5 p ercen t o f a ll p e r s o n s in th e lab or fo r c e ) are c o u n te d in e a c h e s ta b lis h m e n t w h ic h rep o rts th em . Production workers in m anu factu ring in clu d e w o rk in g su p ervisors and n on su p erv iso r y w ork ers c lo s e ly a sso cia ted w ith p ro d u c tio n o p e r a tio n s. T h o s e w o rk ers m e n tio n ed in tab les 1 1 - 1 6 in clu d e p rod u ction w ork ers in m anu factu ring and m in in g; c o n s t r u c tio n w o r k e r s in c o n s t r u c t io n ; a n d n on su p ervisory w orkers in the fo llo w in g in dustries: transportation and p u b lic u tilities; w h o le sa le and retail trade; fin a n ce , in su r an ce, and real estate; and se rv ices. T h ese grou p s a cco u n t for ab ou t fou r-fifth s o f the to ta l e m p lo y m e n t on p riv a te n o n a g r ic u ltural p ayrolls. Earnings are th e p aym en ts p rod u ction or n o n su p erv iso ry w ork ers rec e iv e d uring the su rvey p eriod , in clu d in g prem ium p ay for o v ertim e or la te-sh ift w ork but ex c lu d - Monthly Labor Review July 2002 63 Current Labor Statistics in g irreg u la r b o n u s e s an d o th e r s p e c ia l p a y m e n ts . Real earnings are e a r n in g s adjusted to reflect the e ffe c ts o f c h a n g es in co n su m er p rices. T h e d eflator for th is series is d eriv ed from the C on su m er P rice In d ex fo r U rb a n W a g e E a r n e r s a n d C le r ic a l W orkers (CPI-W). Hours r e p r e s e n t th e a v e r a g e w e e k ly hours o f production or n on su p ervisory w ork ers for w h ich p ay w a s received , and are d if feren t from standard or sc h e d u le d h ou rs. Overtime hours represent the portion o f a v erage w e e k ly hours w h ich w as in e x c e s s o f regular h ours and for w h ich overtim e prem i u m s w ere paid. T h e Diffusion Index r e p r e s e n ts th e p ercen t o f in d u stries in w h ich em p loym en t w a s risin g o v er the in d icated p eriod , p lu s o n e -h a lf o f the in d u stries w ith u n ch an ged em p lo y m en t; 5 0 p ercen t in d icates an equal b a la n ce b etw een in d u stries w ith in creasin g and d ecreasin g em p loym en t. In lin e w ith B u reau practice, data for the 1 -, 3-, and 6-m on th sp an s are se a so n a lly adjusted, w h ile th o se for th e 12-m on th span are u nadjusted. D ata are cen tered w ith in the span. T able 17 pro v id e s an in d ex on private n on farm e m p lo y m en t b a sed on 3 5 6 in d ustries, and a m anu fa ctu rin g in d e x b a sed on 1 3 9 in d u stries. T h e se in d e x e s are u sefu l for m easu rin g the d isp ersio n o f ec o n o m ic g a in s or lo s s e s and are a lso e c o n o m ic in d icators. Notes on the data E sta b lish m en t su rv ey data are an n u ally ad ju sted to co m p reh en siv e co u n ts o f em p lo y m en t (c a lle d “b en ch m ark s”). T h e latest ad ju stm en t, w h ich in corp orated M arch 2001 b en ch m arks, w a s m ade w ith the relea se o f M a y 2 0 0 2 data, p u b lish ed in the July issu e o f the R e v ie w . C o in cid en t w ith the b en ch mark adjustm ent, h istorical se a so n a lly ad ju s te d data w ere rev ised to reflect updated season al factors. U nadjusted data from A pril 2 0 0 0 forw ard and se a so n a lly adjusted data from January 1 9 9 7 forw ard w ere rev ised w ith the relea se o f the M ay 2 0 0 2 data. In ad d ition to the rou tine b enchm ark re v is io n s and up d ated season al factors in tro d u ced w ith the relea se o f the M ay 2 0 0 2 data, the first estim ates for th e transportation and p u b lic u tilities; retail trade; and fin a n ce, in surance, and real estate in d ustries w ere p u b lish ed from a n ew p rob ab ility-b ased sam p le d esig n . T h ese in d ustries are the third group to co n v e r t to a p r o b a b ility -b a se d sa m p le un d er a 4 -y ea r p h a se-in plan o f a sam p le r e d e sig n p ro ject. T h e c o m p le tio n o f the p h a se-in for the red esign , in June 2 0 0 3 for th e se r v ic e s industry, w ill c o in c id e w ith the co n v ersio n o f n ation al estab lish m en t survey se ries from in d ustry c o d in g b a sed on the 19 87 Standard Industrial C la ssific a tio n (SIC) sy s te m to th e N o r th A m e r ic a n In d u stry C la ssifica tio n S y stem (NAICS). For additional 64 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis in form ation , see the the June 2 0 0 2 issu e o f E m p lo y m e n t a n d E a r n in g s . R evision s in State data (table 11) occurred w ith the publication o f January 2 0 0 2 data. B e g in n in g in June 1996, the BLS u ses the X-12-arima m eth o d o lo g y to se a so n a lly ad ju s t estab lish m en t su rvey data. T h is p ro ce dure, d ev e lo p e d b y the B u reau o f the C en su s, co n tro ls for the effe ct o f varyin g sur v e y in tervals (a lso k n o w n as th e 4 - versu s 5 -w e e k e ffe ct), thereb y p rovid in g im proved m easurem ent o f over-the-m onth ch an ges and u n d erlyin g e c o n o m ic trends. R e v is io n s o f data, u su a lly for th e m o st recent 5-year p e riod, are m ade o n c e a year co in cid en t w ith the benchm ark rev isio n s. In th e esta b lish m en t su rvey, e stim a te s for the m o st recent 2 m on th s are b ased on in co m p lete returns and are p u b lish ed as pre lim inary in the tab les ( 12 - 1 7 in the R e v ie w ) . W h en all returns h ave b een received , the e s tim ates are rev ised and p u b lish ed as “fin a l” (prior to an y b enchm ark r e v isio n s) in the third m onth o f their appearance. T hus, D e cem b er data are p u b lish ed as p relim in ary in January and February and as fin al in M arch. For the sam e reason s, quarterly esta b lish m en t data (tab le 1) are prelim inary for the first 2 m on th s o f p u b lication and fin al in the third m onth. T h u s, fourth-quarter data are p u b lis h e d as p relim in a ry in January and F ebruary and as final in M arch. For additional information on estab lish m en t su rvey data, con tact the D iv isio n o f C urrent E m p lo y m e n t S ta tistics: ( 2 0 2 ) 6 9 1 -6 5 5 5 . Unemployment data by State Description of the series D ata p resen ted in th is se ctio n are ob tain ed from the F o c a l A rea U n em p lo y m en t S ta tis tic s (LAUS) program , w h ich is con d u cted in co o p era tio n w ith S tate e m p lo y m en t se c u rity a g en cies. M o n th ly e stim a te s o f th e lab or fo rce, em p loym en t, and u n em p loym en t for States and su b -S tate areas are a k ey indicator o f lo cal eco n o m ic co n d ition s, and form the b asis for determ in in g the elig ib ility o f an area for b en efits under Federal eco n o m ic assistan ce program s su ch as the Job Training Partner ship A ct. S eason ally adjusted u n em p loym en t rates are p resen ted in table 10. Insofar as p o ssib le , the con cep ts and d efin ition s under lyin g these data are th ose u sed in the national estim ates ob tain ed from the cps. Notes on the data D ata refer to State o f residence. M onthly data for all States and the D istrict o f C olum bia are d e r iv e d u s in g s ta n d a r d iz e d p r o c e d u r e s July 2002 established b y bls. O nce a year, estim ates are revised to n ew population controls, usually w ith p u b lication o f January estim ates, and benchm arked to annual average CPS levels. For additional information on data in this series, call (2 0 2 ) 6 9 1 - 6 3 9 2 (table 10) or (2 0 2 ) 6 9 1 - 6 5 5 9 (table 11). Covered employment and wage data (ES-202) Description of the series E mployment, wage, and establishment data in th is s e c tio n are d e r iv e d from th e q u ar terly ta x rep o rts su b m itte d to S ta te e m p lo y m e n t se c u r ity a g e n c ie s b y p riv a te and S tate and lo ca l g o v ern m en t e m p lo y ers su b j e c t to S ta te u n e m p lo y m e n t in su r a n c e (u i) la w s and from F ed era l, a g e n c ie s su b je c t to t h e U n e m p lo y m e n t C o m p e n s a t io n f o r F ed era l E m p lo y e e s ( u c fe ) p rogra m . E a ch quarter, S tate a g e n c ie s ed it and p r o c e s s the d ata and se n d th e in fo r m a tio n to th e B u reau o f F a b o r S ta tistic s . T h e C o v e r e d E m p lo y m e n t an d W a g e s d a ta , a ls o r e fe r r e d a s E S - 2 0 2 d a ta , are th e m o s t c o m p le t e e n u m e r a tio n o f e m p lo y m e n t an d w a g e in fo r m a t io n b y i n d u str y at th e n a t io n a l, S ta te , m e t r o p o li ta n a rea , an d c o u n t y l e v e l s . T h e y h a v e b ro a d e c o n o m ic s ig n i f i c a n c e in e v a lu a t in g la b o r m a rk et t r e n d s a n d m a jo r i n d u str y d e v e lo p m e n t s . Definitions In g e n e r a l, es -2 0 2 m o n th ly e m p lo y m e n t d a ta r e p r e s e n t th e n u m b e r o f covered workers w h o w o rk ed d u rin g , or r e c e iv e d p ay for, th e p ay p e r io d th at in c lu d e d th e 12th d ay o f th e m o n th . Covered private industry employment in c lu d e s m o st c o r p o ra te o f f ic ia ls , e x e c u t iv e s , su p e r v is o r y p e r so n n e l, p r o fe ss io n a ls , c le r ic a l w o rk ers, w a g e earners, p ie c e w ork ers, and p art-tim e w o rk ers. It e x c lu d e s p ro p rieto rs, th e u n in co rp o ra ted s e lf- e m p lo y e d , u n p a id fa m ily m em b er s, and certain farm and d o m e s tic w o rk ers. C ertain ty p e s o f n o n p r o fit em p lo y ers, su ch as r e lig io u s o rg a n iza tio n s, are g iv e n a c h o ic e o f co v e r a g e or e x c lu s io n in a n u m b er o f S ta tes. W ork ers in th e se o r g a n iz a tio n s are, th e r e fo r e , rep o rted to a lim ite d d egree. P e r s o n s o n p a id s ic k le a v e , p a id h o l i d a y , p a id v a c a t io n , an d th e lik e , are i n c lu d e d . P e r s o n s o n th e p a y r o ll o f m o r e t h a n o n e f ir m d u r in g t h e p e r i o d a re c o u n te d b y e a c h u i- s u b j e c t e m p lo y e r i f t h e y m e e t th e e m p lo y m e n t d e f i n i t i o n n o te d ea rlier. T h e e m p lo y m e n t c o u n t e x c lu d e s w o rk ers w h o earn ed n o w a g es p lo y e e s . F ed era l a g e n c ie s f o llo w s lig h t ly d iffe r e n t criteria th an d o p riv a te e m p lo y pay, w ith h o ld in g taxes, and retirem ent d e d u r in g th e e n tir e a p p lic a b le p a y p e r io d ers w h e n b rea k in g d o w n th e ir reports by g en erally co v ers the sam e typ es o f se rv ices installation. T hey are perm itted to com b ine as as for w orkers in private industry. Average annual wages per em p lo y ee for b e c a u s e o f w o r k s t o p p a g e s , te m p o r a r y la y o f f s , i l l n e s s , o r u n p a id v a c a t io n s . Federal employment data are b a sed o n r e p o r ts o f m o n th ly e m p lo y m e n t and q u a rterly w a g e s su b m itte d e a ch quarter to S ta te a g e n c ie s fo r a ll F ed era l in sta lla tio n s w ith e m p lo y e e s c o v e r e d b y th e U n e m p lo y m e n t C o m p e n s a t io n fo r F e d e r a l a single statewide unit: 1) all installations with 10 or few er workers, and 2) all installations d u ctio n s. F ed eral e m p lo y e e rem u n era tio n any g iv en industry are com p u ted b y d iv id in g that have a com bined total in the State o f few er total annual w a g es b y annual average em p loy than 50 workers. A lso , w hen there are few er m ent. A further d iv isio n b y 52 y ield s average than 25 workers in all secondary installations in a State, the secondary installations m ay be w eek ly w a g es per em p loyee. A nnual p ay data com bined and reported w ith the m ajor instal in d ivid u al m ay n ot b e em p lo y ed b y the sam e em p loyer all year or m ay w ork for m ore than o n e em p loyer at a tim e. E m p l o y e e s ( ucfe) p r o g r a m , e x c e p t f o r c e r ta in n a tio n a l s e c u r ity a g e n c ie s , w h ic h a re o m itte d fo r s e c u r ity rea so n s. E m p lo y m e n t fo r a ll F ed era l a g e n c ie s for lation. Last, if a Federal agency has few er than fiv e em p lo y ees in a State, the a gen cy h ead quarters o ffic e (region al o ffice, district o f fice) servin g each State m ay co n so lid a te the a n y g iv e n m o n th is b a sed o n th e n u m b er o f p e r s o n s w h o w o rk ed d u rin g or r e c e iv e d em p loym en t and w a g es data for that State w ith the data reported to the State in w h ich the headquarters is located . A s a result o f on ly approxim ate annual earnings b eca u se an Average weekly or annual pay is a f fected by the ratio o f fu ll-tim e to part-tim e w orkers as w ell as the num ber o f in d iv id u a ls in h igh -p ayin g and lo w -p a y in g o ccu p a tio n s. W h en average pay le v e ls b etw een States and p a y fo r th e p a y p e r io d that in c lu d e d th e 12th o f th e m o n th . th ese reporting rules, the num ber o f report industries are com pared, th ese factors sh ou ld A n establishment is an e c o n o m ic u n it, su ch as a farm , m in e , factory, or sto re, that in g units is alw ays larger than the num ber o f e m p lo y e r s (or g o v ern m en t a g e n c ie s ) but be taken into con sid eration . For exam p le, in du stries characterized b y h igh p rop ortions p r o d u c e s g o o d s or p r o v id e s s e r v ic e s . It is sm aller than the num ber o f actual estab lish o f part-tim e w orkers w ill sh o w average w a g e t y p ic a lly at a s in g le p h y sic a l lo c a tio n and e n g a g e d in o n e, or p red o m in a n tly o n e, typ e o f e c o n o m ic a c tiv ity for w h ic h a s in g le in m ents (or in stallation s). D ata reported for the first quarter are tabula ted in to size c a t e g o r ie s r a n g in g from le v e ls ap p reciab ly less than the w eek ly pay le v e ls o f regular fu ll-tim e em p lo y ees in th ese industries. T h e o p p o site e ffe ct ch aracterizes d u stria l c la s s if ic a tio n m ay b e a p p lied . O c c a s io n a lly , a s in g le p h y s ic a l lo c a tio n e n w ork sites o f very sm all siz e to th ose w ith 1 ,0 0 0 em p lo y ees or m ore. T he siz e category industries w ith lo w p rop ortions o f part-tim e w orkers, or industries that ty p ic a lly sch e d c o m p a s s e s tw o or m o re d istin c t and s i g n ific a n t a c tiv itie s . E a ch a c tiv ity sh o u ld b e is determ ined by the estab lish m en t’s M arch em p lo y m en t le v e l. It is im portant to n ote u le h eavy w eek en d and overtim e w ork. A ver age w age data also m ay b e influenced b y w ork r e p o r te d a s a se p a r a te e s ta b lis h m e n t i f that each estab lish m en t o f a m u lti-estab lish stop p ages, labor turnover rates, retroactive sep a ra te r e c o r d s are k ep t and th e v a r io u s m en t firm is tabulated separately into the paym ents, season al factors, b on u s paym ents, a c tiv itie s are c la s sifie d u nder d ifferen t fou r appropriate siz e category. T he total em p lo y m ent lev el o f the reporting m u lti-estab lish and so on. Notes on the data d ig it sic c o d e s . M o s t e m p lo y e r s h a v e o n ly o n e e s ta b m en t firm is n ot u sed in the siz e tabulation. lish m e n t; th u s , th e e s ta b lis h m e n t is th e C overed em p loyers in m ost States report p r e d o m in a n t re p o r tin g u n it or sta tistic a l en tity for rep o rtin g e m p lo y m en t and w a g e s total wages paid during the calendar quarter, regard less o f w h en the se rv ices w ere per form ed. A few State law s, h ow ever, sp ec ify that w a g es be reported for, or based on the period during w h ich services are perform ed rather than the period during w h ich com p en sation is paid. U nder m ost State law s or regu lations, w ages include bonuses, stock options, the cash valu e o f m eals and lod gin g, tips and other gratuities, and, in som e States, em ployer To insure the h igh est p o ssib le quality o f data, State em p lo y m en t secu rity a g e n c ie s verify w ith em p loyers and update, i f necessary, the industry, location , and ow n ersh ip c la ssific a tion o f all estab lish m en ts on a 3-year cy cle. C h an ges in establishm ent classification co d es resulting from the v erification p rocess are in troduced w ith the data reported for the first quarter o f the year. C h an ges resu ltin g from im proved em p loyer reporting a lso are intro p lo y e r s d o n o t f i le a M u ltip le W o rk site contributions to certain deferred com p en sa tion p lans such as 4 0 1 (k ) plans. C overed em p loyer contributions for old - d u ced in the first quarter. For th ese reasons, so m e data, e sp e cia lly at m ore d etailed g e o graphic lev els, m ay n o t b e strictly co m p a R ep o rt. W h en th e to ta l e m p lo y m e n t in an a g e, s u r v iv o r s, an d d is a b ility in su r a n c e rable w ith earlier years. e m p lo y e r ’s se c o n d a r y e s ta b lis h m e n ts (a ll e s ta b lis h m e n ts o th e r than th e la r g e st) is 10 or fe w e r , th e e m p lo y e r g e n e r a lly w ill ( o a s d i ), health insurance, u n em p loym en t in surance, w ork ers’ com p en sation, and private T h e 199 9 cou n ty data u sed to calcu late th e 1 9 9 9 - 2 0 0 0 ch a n g es w ere adjusted for f ile a c o n s o lid a te d rep ort for all e s ta b lis h m e n ts. A ls o , so m e e m p lo y e r s eith e r c a n n o t or w ill n o t rep ort at th e e sta b lish m e n t p en sion and w elfare fun d s are n ot reported as w a g es. E m p lo y ee con trib u tion s for the sam e pu rp oses, h o w ev er, as w e ll as m on ey w ith h eld for in com e taxes, un ion d ues, and ch an ges in industry and cou n ty classifica tio n to m ake them com p arab le to data for 2 0 0 0 . A s a result, the adjusted 1999 data d iffer to so m e exten t from the data availab le on the le v e l and thu s a ggregate esta b lish m en ts into o n e c o n s o lid a te d u n it, or p o s s ib ly se v era l u n its, th o u g h n o t at th e esta b lish m en t lev el. F o r th e F e d e r a l G o v e r n m e n t, th e re so forth, are reported even thou gh th ey are ded u cted from the w ork er’s gross pay. Wages of covered Federal workers rep resent the gross am ount o f all payrolls for all Internet at: data. M o s t e m p lo y e r s, in c lu d in g S tate and lo c a l g o v e r n m e n ts w h o o p era te m ore than o n e e s ta b lis h m e n t in a S ta te, f ile a M u l tip le W o rk site R ep o rt e a ch quarter, in a d d itio n to th e ir q u a r te r ly u i rep o rt. T h e M u ltip le W o rk site R ep o rt is u se d to c o l le c t se p a r a te e m p lo y m e n t and w a g e d ata fo r e a ch o f th e e m p lo y e r ’s e s ta b lish m e n ts , w h ic h are n o t d e ta ile d o n th e ui report. S o m e v e r y sm a ll m u lti-e s ta b lis h m e n t e m http://www.bls.gov/cew/home.htm. C ou n ty d efin itio n s are a ssig n ed acco rd in g to F ederal Inform ation P ro cessin g Stan installation: a s in g le pay p eriod s en d in g w ith in the quarter. T h is dards P u b lication s as issu ed b y the N a tio n a l lo c a tio n at w h ic h a d ep artm en t, a g en cy , or in clu d es cash allow an ces, the cash eq u iva Institute o f Standards and T ech n ology . A reas o th e r g o v e r n m e n t b o d y h a s c iv ilia n e m lent o f any type o f rem uneration, severan ce sh ow n as cou n ties in clu d e th ose d esign ated p o r tin g u n it is th e https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 65 Current Labor Statistics as in d ep en d en t cities in som e ju risd iction s and, in A la sk a , th o se areas d esign ated by the C en su s Bureau w here cou n ties h ave n ot been created. C o u n ty data a lso are presen ted for the N e w E n glan d States for com parative pur p o ses, ev en th o u g h tow n sh ip s are the m ore co m m o n d esig n a tio n u sed in N e w E ngland (and N e w Jersey). F or additional inform ation on the c o v ered em p lo y m en t and w a g e data, con tact the D iv isio n o f A d m in istrative S tatistics and Labor T urnover at (2 0 2 ) 6 9 1 - 6 5 6 7 .________ Compensation and Wage Data (T ab les 1 -3 ; 2 5 - 3 1 ) Compensation and wage data are gathered b y the B ureau from b u sin ess estab lish m en ts, State and loca l govern m en ts, labor u n ions, c o lle c tiv e bargaining agreem ents on file w ith the B ureau, and secon dary sou rces. Employment Cost Index Description of the series T he Employment Cost Index (ECI) is a quar terly m easure o f the rate o f change in com p en sa tio n p er h o u r w o r k e d and in c lu d e s w a g e s, sa laries, and em p lo y er c o s ts o f em p l o y e e b e n e f it s . It u s e s a f ix e d m ark et basket o f labor— sim ilar in concept to the Con sum er Price In d ex ’s fixed m arket basket o f g o o d s and services— -to m easure change over tim e in em p loyer co sts o f em p loyin g labor. S tatistical series on total com p en sation costs, on w a g es and salaries, and on benefit co sts are available for private nonfarm w ork ers ex clu d in g proprietors, the self-em ployed , and h ou seh old workers. The total com p en sa tion co sts and w a g es and salaries series are also available for State and local governm ent w orkers and for the civilian nonfarm econom y, w h ich co n sists o f private industry and State and local governm ent workers com bined. F ed eral w orkers are excluded. T he E m p loym ent C ost Index probability sam ple con sists o f about 4 ,4 0 0 private n on farm establishm ents providing about 2 3 ,0 0 0 occupational observations and 1,000 State and lo ca l g overn m en t estab lish m en ts p rovid in g 6 ,0 0 0 occupational observations selected to represent total em ploym ent in each sector. On average, each reporting unit provides w age and com pensation inform ation on five w ell-sp eci fied occupations. D ata are collected each quar ter for the pay period including the 12th day o f M arch, June, Septem ber, and D ecem ber. 66 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis B eg in n in g w ith June 1986 data, fixed em p lo y m e n t w e ig h ts from the 1 9 8 0 C en su s o f P o p u l a t i o n a re u s e d e a c h q u a r te r to calcu late the civ ilia n and private in d ex es and the in d ex for State and lo ca l g overn m en ts. ( P r io r t o J u n e 1 9 8 6 , t h e e m p lo y m e n t w e ig h ts are from the 1 9 7 0 C en su s o f P o p u la tio n .) T h e se fix e d w e ig h ts, a lso u sed to d eriv e all o f th e in d ustry and o ccu p a tio n series in d ex es, en su re that ch a n g es in th e se in d e x e s reflect o n ly ch a n g es in c o m p en sa tion , n ot em p lo y m en t sh ifts am on g in d u s tries or o ccu p a tio n s w ith d ifferen t le v e ls o f w a g es and com p en sation . For the b argaining status, reg io n , and m etrop olitan /n on -m etrop o lita n area se ries, h o w ev er, em p lo y m en t d ata b y in d u stry and o c c u p a tio n are n o t a v a ila b le from the cen su s. Instead, th e 198 0 e m p lo y m en t w e ig h ts are reallocated w ith in th e se series each quarter b ased on the cur rent sam p le. Therefore, th e se in d ex es are n ot strictly com p arab le to th o se for th e aggre gate, industry, and o ccu p a tio n series. Definitions Total compensation c o sts in clu d e w a g es, salaries, and the em p lo y e r ’s c o s ts for em p lo y e e b en efits. Wages and salaries co n sist o f earnings b efore p ayroll d ed u ction s, in clu d in g p roduc tion b o n u ses, in cen tiv e earn in gs, c o m m is sio n s, and c o st-o f-liv in g adjustm ents. Benefits in clu d e the co st to em p loyers for p aid le a v e , su p p lem en tal p ay (in c lu d in g nonproduction b onuses), insurance, retire m ent and savin gs plans, and legally required benefits (such as Social Security, workers’ com pensation, and unem ploym ent insurance). E xcluded from w ages and salaries and em p lo y ee ben efits are such item s as paym ent-in kind, free room and board, and tips. Notes on the data T h e E m p loym ent C ost In d ex for ch an ges in w a g e s and salaries in the private nonfarm eco n o m y w as p u b lish ed b egin n in g in 1975. C h an ges in total com p en sation co st— w a g es and salaries and b en efits com b in ed — w ere p u b lish ed b eg in n in g in 1980. T h e series o f ch an ges in w a g es and salaries and for total com p en sation in the State and local govern m en t s e c to r and in th e c iv ilia n n o n fa rm econ om y (exclu d in g Federal em p loyees) were p u b lish ed b egin n in g in 1981. H istorical in d ex es (June 1 9 8 1 = 1 0 0 ) are availab le on the Internet: http://www.bls.gov/ect/ For additional information on th e E m p lo y m en t C o st In d ex, con tact the O ffice o f C om p en sation L e v e ls and Trends: (2 0 2 ) July 2002 6 9 1 -6 1 9 9 . Employee Benefits Survey Description of the series Employee benefits data are o b ta in ed from the E m p lo y e e B e n e fits S u rvey, an annual su rvey o f the in c id e n c e and p r o v isio n s o f se le c te d b e n e fits p r o v id ed b y em p lo y e r s. T h e su rvey c o lle c ts data from a sa m p le o f a p p r o x im a te ly 9 ,0 0 0 p r iv a te s e c to r a n d State and lo ca l go v ern m en t esta b lish m en ts. T he data are presented as a p ercentage o f em p lo y ees w h o participate in a certain b enefit, or as an average benefit p rovision (for exam ple, the average num ber o f paid h olid ays provided to em p loyees per year). S elected data from the survey are presented in table 25 for m edium and large private establishm ents and in table 2 6 for sm all private establishm ents and State and local governm ent. T h e su r v e y c o v e r s p aid le a v e b e n e fits su ch as h o lid ays and v acation s, and personal, fun eral, ju ry duty, m ilitary, fam ily, and sic k leave; short-term d isab ility, lo n g -term d is ab ility, and life insurance; m ed ica l, den tal, and v is io n care plans; d efin e d b en efit and d efin ed con trib u tion plans; fle x ib le b en efits plans; reim b u rsem en t accou n ts; and un p aid fa m ily lea v e. A l s o , d a ta are ta b u la te d o n th e i n c i d e n c e o f se v e r a l o th e r b e n e f its , su c h a s se v era n ce pay, ch ild -ca re a ssista n ce, w e ll n e s s p ro g ra m s, an d e m p lo y e e a s s is ta n c e program s. Definitions Employer-provided benefits are b e n e fits that are fin an ced either w h o lly or partly by the em ployer. T h ey m ay b e sp o n so red b y a u n ion or other third party, as lo n g as there is so m e em p lo y er fin an cin g. H o w ev er, so m e b en efits that are fu lly paid for b y the em p lo y e e a lso are included. For exam p le, lo n g term care insurance and postretirem en t life insu ran ce p aid en tirely b y the e m p lo y e e are in clu d ed b eca u se the guarantee o f insu rab il ity and a vailab ility at group prem ium rates are co n sid ered a b en efit. Participants are workers w h o are covered by a benefit, whether or not they use that benefit. I f th e b e n e fit p lan is fin a n ce d w h o lly b y em ployers and requires em p loyees to com plete a m inim um length o f service for eligibility, the workers are considered participants w hether or not they h ave m et the requirem ent. I f w orkers are required to contribute tow ards the co st o f a plan, they are co n sid ered participants o n ly i f they elect the plan and agree to m ake the required contributions. Defined benefit pension plans u se pre- determ ined form ulas to calculate a retirement b en efit ( i f any), and obligate the em ployer to provide th o se benefits. B en efits are generally based on salary, years o f service, or both. Defined contribution plans g en era lly s p e c ify the le v e l o f em p lo y er and e m p lo y e e co n trib u tio n s to a plan, but n ot the form u la for d eterm in in g ev en tu al b en efits. Instead, in d iv id u a l a cco u n ts are set up for p artici p an ts, and b e n e fits are b a sed o n am oun ts cred ited to th e se acco u n ts. Tax-deferred savings plans are a type o f d e fin e d co n trib u tio n plan that a llo w par ticipants to contribute a portion o f their sal ary to an em ployer-sponsored plan and defer in com e taxes until withdrawal. Flexible benefit plans a llow em p loyees to c h o o s e a m o n g sev eral b en efits, su ch as life in su ran ce, m ed ica l care, and v acation d ays, and a m o n g sev era l le v e ls o f co v era g e w ith in a g iv e n b en efit. Notes on the data S u rv ey s o f e m p lo y e e s in m ed iu m and large esta b lish m en ts co n d u cted o v er the 1 9 7 9 - 8 6 p e r io d in c l u d e d e s t a b l i s h m e n t s t h a t e m p lo y ed at lea st 5 0 , 100, or 2 5 0 w ork ers, d e p e n d in g on th e in d u stry (m o s t se r v ic e in d u s t r ie s w e r e e x c l u d e d ) . T h e s u r v e y co n d u cte d in 1 9 8 7 co v ered o n ly State and l o c a l g o v e r n m e n t s w it h 5 0 o r m o r e e m p lo y e e s. T h e su rv eys co n d u cte d in 198 8 a n d 1 9 8 9 i n c l u d e d m e d iu m an d la r g e esta b lish m en ts w ith 1 00 w ork ers or m ore in p riv a te in d u stries. A ll su r v e y s c o n d u c te d o v e r t h e 1 9 7 9 - 8 9 p e r io d e x c l u d e d esta b lish m en ts in A la sk a and H aw aii, as w e ll as p art-tim e e m p lo y e e s. B eg in n in g in 1990, surveys o f State and lo c a l g o v e r n m e n t s an d s m a ll p r iv a te e s ta b lis h m e n ts w e r e c o n d u c te d in e v e n num bered years, and surveys o f m edium and large establishm ents w ere conducted in oddn u m b ered years. T h e sm all esta b lish m en t s u r v e y i n c lu d e s a ll p r iv a te n o n fa r m establishm ents w ith few er than 100 workers, w h ile the State and local governm ent survey in clu d es all g o vern m en ts, regardless o f the num ber o f workers. A ll three surveys include lu ll- and part-time w orkers, and workers in all 5 0 States and the District o f Colum bia. For additional information on th e E m p lo y e e B e n e fits S u rvey, con tact the O f fic e o f C o m p en sa tio n L e v e ls and T rends on the Internet: http://www.bls.gov/ebs/ Work stoppages Description of the series D ata on w ork sto p p a ges m easure the nu m ber and duration o f m ajor strikes or lock ou ts https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (in v o lv in g 1,000 w orkers or m ore) occurring during the m onth (or year), the num ber o f w orkers in volved , and the am ount o f w ork tim e lo st b ecau se o f stop p age. T h ese data are p resented in table 27. D ata are largely from a variety o f p u b lish ed sou rces and cover o n ly estab lish m en ts d irectly in v o lv e d in a sto p p a g e. T h ey do n ot m easu re the in d irect or secon d ary effe ct o f stop p ages on other esta b lish m en ts w h o se e m p lo y e e s are id le o w in g to m aterial short a g es or lack o f service. Definitions Number o f stoppages: T h e n u m b er o f strik es and lo c k o u ts in v o lv in g 1 ,0 0 0 w o rk ers or m ore and la stin g a fu ll sh ift or lon ger. W orkers involved: T h e n u m b e r o f w orkers d irectly in v o lv ed in the stop p age. Number of days idle: T h e aggregate n u m b er o f w o rk d a y s lo st by w ork ers in v o lv ed in the stop p ages. Days of idleness as a percent of estimated working time: A ggregate w orkdays lost as a percent o f the aggregate number o f standard w ork d ays in the p eriod m u ltip lied by total em ploym ent in the period. Notes on the data T h is series is n ot com parable w ith the on e term inated in 1981 that covered strikes in v o lv in g six w orkers or m ore. For additional information on w ork sto p p a g es data, con tact the O ffic e o f C o m p en sation and W orking C on d ition s: (2 0 2 ) 6 9 1 - 6 2 8 2 , or the Internet: http :/www.bIs.gov/cba/ Price Data (T ables 2; 3 2 ^ 1 2 ) Price data are g a th e r e d b y th e B u re a u o f L a b o r S ta t is t ic s fro m r e ta il an d p r i mary markets in the U nited States. Price in d exes are given in relation to a base period— 1982 = 100 for m any Producer Price Indexes, 1 9 8 2 -8 4 = 100 for m any C onsum er Price In d exes (un less otherw ise noted), and 1990 = 100 for International Price Indexes. Consumer Price indexes Description of the series T h e Consumer Price Index (CPI) is a m ea sure o f th e average ch an ge in the p rices paid b y urban co n su m ers for a fix e d m arket b a s k et o f g o o d s and serv ices. T h e cpi is c a lc u lated m o n th ly for tw o p o p u la tio n grou p s, o n e c o n s is tin g o n ly o f urban h o u se h o ld s w h o s e prim ary sou rce o f in co m e is d eriv ed from the em p lo y m en t o f w a g e earners and clerical w ork ers, and the other c o n sis tin g o f all urban h o u seh o ld s. T h e w a g e earner in d ex (CPI-W) is a con tin u ation o f the h isto ric in d ex that w a s in trod u ced w e ll o v er a h a lfcentury ago for u se in w a g e n eg o tia tio n s. A s n e w u se s w ere d ev e lo p e d for th e cpi in re cen t years, th e n eed for a broader and m ore rep resen tative in d ex b eca m e apparent. T he all-urban con su m er in d ex (CPI-U), introduced in 1 9 7 8 , is rep resen tative o f the 1 9 9 3 - 9 5 b u y in g h a b its o f ab ou t 8 7 p ercen t o f the n o n in stitu tio n a l p o p u la tio n o f the U n ite d S tates at that tim e, com p ared w ith 3 2 per cen t rep resen ted in th e cpi-w. In ad d ition to w a g e earners and clerica l w ork ers, the cpi-u co v ers p ro fessio n a l, m anagerial, and tech n i cal w ork ers, th e se lf-e m p lo y e d , short-term w ork ers, the u n em p lo y ed , retirees, and o th ers n ot in th e labor force. T he CPI is b ased on p rices o f fo o d , clo th ing, shelter, fuel, drugs, transportation fares, d o cto rs’ and d en tists’ fe e s, and other g o o d s and se rv ices that p e o p le b u y for d ay -to -d a y liv in g . T h e q u a n tity and q u a lity o f th e se item s are kept essen tially u n changed b etw een m ajor rev isio n s so that o n ly p rice ch a n g es w ill b e m easured. A ll ta x es d irectly a ss o c i ated w ith the purchase and u se o f item s are in clu d ed in the index. D ata c o llected from m ore than 2 3 ,0 0 0 re tail estab lish m en ts and 5 ,8 0 0 h o u sin g u nits in 87 urban areas across the country are used to d ev elo p the “U .S . city average.” Separate estim ates for 14 m ajor urban centers are pre sen ted in tab le 3 3 . T h e areas listed are as ind icated in fo o tn o te 1 to the table. T he area in d ex es m easure o n ly the average ch a n g e in p rices for each area sin ce the b ase period, and d o n ot in d ica te d iffe r e n c e s in the le v e l o f p rices am on g cities. Notes on the data In January 1 9 8 3 , th e B u reau ch a n g ed the w a y in w h ic h h o m e o w n e r s h ip c o s t s are m eaured for the cpi-u . A rental e q u iv a len ce m eth od rep la ced th e a sset-p rice ap p roach to h o m eo w n ersh ip c o sts for that series. In January 19 8 5 , the sam e ch a n g e w a s m ade in the CPI-W. T h e central p u rp ose o f th e ch a n g e w a s to separate sh elter c o s ts from th e in v estm en t co m p o n e n t o f h o m e -o w n ersh ip so that th e in d ex w o u ld reflect o n ly th e co st o f sh elter s e r v ic e s p ro v id ed b y o w n e r -o c c u p ied h o m es. A n up d ated CPI-U and cpi-w w ere in trodu ced w ith release o f th e January 198 7 and January 199 8 data. For additional information o n c o n su m er p r ic e s, co n ta c t th e D iv is io n o f C o n su m e r P r ic e s an d P r ic e I n d e x e s : ( 2 0 2 ) 6 9 1 -7 0 0 0 . Monthly Labor Review July 2002 67 Current Labor Statistics Producer Price Indexes Description of the series Producer Price Indexes (PPI) m easu re av erage ch a n g es in p rices received b y d om estic p rod u cers o f co m m o d itie s in all sta g es o f p ro cessin g . T h e sa m p le u sed for ca lcu la tin g th ese in d ex es currently con tain s about 3 ,2 0 0 co m m o d itie s and ab ou t 8 0 ,0 0 0 q u otation s per m on th , se le c te d to represent the m o v e m en t o f p rices o f all c o m m o d ities p rod u ced in th e m a n u fa ctu rin g ; agricu ltu re, forestry, and fish in g ; m in in g ; and g a s and e lectricity and p u b lic u tilit ie s se c to r s. T h e s ta g e -o fp r o c e s s i n g s t r u c t u r e o f ppi o r g a n i z e s p r o d u c ts b y c la s s o f b u y er and d e g r e e o f fa b r ic a tio n (th a t is, fin is h e d g o o d s , in ter m e d ia te g o o d s , and cru d e m a te r ia ls). T h e tr a d itio n a l c o m m o d ity stru ctu re o f ppi or g a n iz e s p r o d u c ts b y sim ila r ity o f en d u se or m a teria l c o m p o s itio n . T h e in d u stry and p ro d u ct stru ctu re o f ppi o r g a n iz e s d ata in a c c o r d a n c e w ith th e S tan d ard In d u stria l C la s s ific a tio n (SIC) and th e p ro d u ct c o d e e x te n sio n o f the s ic d e v e lo p e d by the U .S . B u reau o f th e C en su s. To th e e x te n t p o s s ib le , p r ic e s u se d in c a lc u la tin g P ro d u c er P r ic e In d e x e s ap p ly to th e first sig n ific a n t co m m e r c ia l tra n sa c tio n in th e U n ite d S ta te s from th e p r o d u c tio n or cen tra l m a rk etin g p o in t. P r ic e d ata are g e n e r a lly c o lle c t e d m o n th ly , p rim arily b y m a il q u e stio n n a ir e . M o s t p r ic e s are o b ta in ed d irectly from p rod u cin g co m p a n ie s on a v olu n tary and co n fid en tia l b asis. P rices g e n e r a lly are rep o rted for th e T u e s d a y o f th e w e e k c o n ta in in g th e 13th d ay o f th e m o n th . S in ce January 1992, price changes for the v a rio u s c o m m o d itie s h a v e b e e n a veraged t o g e th e r w ith im p lic it q u a n tity w e ig h t s representing their im portance in the total net sellin g valu e o f all com m od ities as o f 1987. T he d eta iled data are aggregated to obtain in d e x e s for sta g e-o f-p ro cessin g grou p in gs, com m o d ity groupings, durability-of-product groupings, and a num ber o f special com p osite groups. A ll P roducer P rice In d ex d ata are su b ject to rev isio n 4 m onth s after origin al p u b lica tio n . For additional information o n p ro d u cer p r ic e s , c o n ta c t th e D iv is io n o f In d u stria l P r ic e s an d P r ic e In d e x e s: ( 2 0 2 ) 6 9 1 -7 7 0 5 . International Price Indexes Description of the series T h e International Price Program produces m o n th ly and quarterly ex p o rt and im port 68 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis p rice in d ex es for nonm ilitary g o o d s and ser v ic e s traded b etw een the U n ited States and the rest o f the w orld. T he export price in d ex p rovid es a m easure o f p rice ch an ge for all p rod u cts so ld by U .S . resid en ts to foreign buyers. (“R esid e n ts” is d efin ed as in the na tional in com e accounts; it in clu d es corpora tion s, b u sin esses, and in d ivid u als, but d oes n o t req u ire th e o r g a n iz a tio n s to b e U .S . ow n ed nor the in d ivid u als to h ave U .S . citi zen sh ip .) T he im port price in d ex p rovid es a m easure o f p rice ch an ge for g o o d s purchased from other cou n tries b y U .S . residents. T h e product u n iverse for both the im port and exp ort in d ex es in clu d es raw m aterials, agricultural products, sem ifin ish ed m anufac tures, and fin ish ed m anufactures, in clu d in g both capital and con su m er g o o d s. P rice data for these item s are collected prim arily by m ail questionnaire. In nearly all cases, the data are c o llected d irectly from the exporter or im porter, althou gh in a fe w cases, p rices are obtained from other sources. To the extent p ossib le, the data gathered refer to prices at the U .S . border for exports and at either the foreign border or the U .S . border for im ports. For nearly all products, the prices refer to transactions com pleted dur in g the first w eek o f the m onth. Survey re spondents are asked to indicate all discounts, allow an ces, and rebates applicable to the re ported prices, so that the price u sed in the calculation o f the indexes is the actual price for w h ich the product w as bought or sold. In addition to general in d exes o f prices for U .S . exports and im ports, in d ex es are also p u b lish ed for detailed product categories o f exp orts and im ports. T h ese ca teg o ries are d efin ed accord in g to the fiv e -d ig it lev el o f detail for the B ureau o f E c o n o m ic A n a ly sis E n d -u se C lassification , the th ree-d igit lev el for th e Standard In d u strial C la ss ific a tio n (SiTC), and the four-d igit level o f detail for the H a r m o n iz e d S y s te m . A g g r e g a t e im p o r t in d ex es by coun-try or region o f origin are also available. bls publishes indexes for selected catego ries of internationally traded services, calcu lated on an international basis and on a balance-of-payments basis. Notes on the data T h e exp ort and im port p rice in d e x e s are w eig h ted in d ex es o f the L asp eyres type. The trade w eigh ts currently u sed to com pute both in d ex es relate to 2 0 0 0 . B ecau se a price index d epends on the sam e item s b ein g priced from period to period, it is n e c e ssa r y to r e c o g n iz e w h en a p r o d u c t’s sp ec ifica tio n s or term s o f transaction have been m odified. For this reason, the B ureau’s July 2002 questionnaire requests detailed descriptions o f the p h ysical and functional characteristics o f the products b ein g priced, as w ell as informa tion on the num ber o f units bought or sold, d iscou n ts, credit term s, packaging, cla ss o f buyer or seller, and so forth. W hen there are ch an ges in either the sp ecification s or term s o f transaction o f a product, the dollar v alu e o f each ch an ge is d eleted from the total price change to obtain the “pure” change. O nce this value is determ ined, a linking procedure is em p loyed w h ich a llow s for the con tinu ed repric ing o f the item. For additional information on inter n ational prices, con tact the D iv isio n o f Inter national Prices: (2 0 2 ) 6 9 1 - 7 1 5 5 . Productivity Data (T ables 2; 4 3 - 4 6 ) Business sector and major sectors Description of the series T h e p rod u ctivity m easu res relate real output to real input. A s such, th ey en com p ass a fam ily o f m easu res w h ich in clu d e sin g le-fa cto r input m easures, su ch as output per hour, ou t put per un it o f lab or input, or ou tp u t per unit o f capital input, as w e ll as m easu res o f m ultifactor p rod u ctivity (output per un it o f com b in ed labor and capital inputs). T he B u reau in d ex es sh o w the ch an ge in output rela tiv e to ch a n g es in the variou s inputs. T h e m easu res cover the b u sin ess, nonfarm b u si n ess, m anufacturing, and n on fin an cial corp o rate sectors. C orresponding in d exes o f hourly co m p en sation, unit labor costs, unit n on labor p ay m ents, and p rices are a lso provided. Definitions Output per hour of all persons (la b o r p ro d u ctiv ity ) is th e quantity o f g o o d s and ser v ic e s p roduced per hour o f labor input. Out put per unit of capital services (ca p ita l p rod u ctivity) is the qu an tity o f g o o d s and se r v ic e s p rod u ced per u n it o f cap ital ser v ic e s input. Multifactor productivity is the quantity o f g o o d s and services produced per com bined inputs. For private b u sin ess and pri vate nonfarm b usiness, inputs include labor and capital units. For manufacturing, inputs include labor, capital, energy, non-energy m a terials, and purchased b u sin ess ser-vices. Compensation per hour is total c o m p en sation d iv id ed b y h ou rs at w ork. Total co m p en sa tio n eq u a ls the w a g e s and salaries o f e m p lo y e e s p lu s e m p lo y e r s’ con trib u tion s for socia l insurance and private b en efit plans, p lu s an estim a te o f th e se p aym en ts for the se lf-e m p lo y e d (e x c e p t for n o n fin a n cia l cor p o r a tio n s in w h ic h th ere are n o s e lf- e m p lo y e d ). Real compensation per hour is c o m p e n s a t io n p er h o u r d e fla te d b y th e ch a n g e in the C o n su m er P rice In d ex for A ll U rban C on su m ers. Unit labor costs are the labor co m p en sa tio n c o s ts e x p en d ed in the p rod u ction o f a un it o f ou tp u t and are d erived by d iv id in g c o m p e n sa tio n b y o u tp u t. Unit nonlabor payments in c lu d e p r o fits , d e p r e c ia tio n , in terest, and in d irect ta x es per u n it o f ou t put. T h ey are com puted by subtracting com pensation o f all p ersons from current-dollar valu e o f output and d ivid in g by output. Unit nonlabor costs c o n ta in a ll th e c o m p o n e n t s o f u n it n o n la b o r p a y m e n ts e x c e p t u n it p ro fits. Unit profits in c lu d e c o rp o ra te p r o fits w ith in v e n to r y v a lu a tio n and ca p ita l c o n su m p tio n a d ju stm e n ts p er u n it o f ou tp u t. Hours o f all persons are t h e to ta l h o u r s at w o r k o f p a y r o ll w o r k e r s , s e lf e m p l o y e d p e r s o n s , a n d u n p a id f a m ily w o rk ers. Labor inputs are h o u rs o f a ll p e r s o n s a d ju ste d fo r th e e f fe c ts o f c h a n g e s in th e ed u ca tio n and e x p erien ce o f the labor force. Capital services are th e f lo w o f se r v ic e s from th e ca p ita l s to c k u se d in p ro d u c tio n . It is d e v e lo p e d from m e a su res o f th e n e t s to c k o f p h y s ic a l a s s e ts — e q u ip m en t, stru ctu res, la n d , and in v e n to r ie s — w e ig h te d b y ren ta l p r ic e s fo r e a ch ty p e o f a sset. Combined units of labor and capital inputs are d e r iv e d b y c o m b in in g c h a n g e s in la b o r an d c a p ita l in p u t w ith w e ig h t s w h ic h rep resen t e a ch c o m p o n e n t ’s sh are o f to ta l c o s t. C o m b in e d u n its o f lab or, c a p ita l, en erg y , m a ter ia ls, an d p u rch a sed b u s in e s s s e r v ic e s are s im ila r ly d e r iv e d b y c o m b in in g c h a n g e s in e a c h in p u t w ith w e ig h t s th a t rep resen t e a ch in p u t’s sh are o f to ta l c o s ts . T h e in d e x e s for ea ch in p u t a n d fo r c o m b i n e d u n it s are b a s e d o n c h a n g in g w e ig h ts w h ic h are a v era g es o f the sh a re s in th e cu rren t and p r e c e d in g year (th e T o r n q u ist in d e x -n u m b e r fo rm u la ). Notes on the d ata B u s i n e s s s e c to r o u tp u t is an a n n u a lly w e ig h te d in d e x c o n str u c te d b y e x c lu d in g from real g r o s s d o m e stic p ro d u ct ( g d p ) the f o l lo w in g o u tp u ts: g e n e r a l g o v e r n m e n t, n o n p r o fit in stitu tio n s, p a id e m p lo y e e s o f p riv a te h o u s e h o ld s , and th e ren tal v a lu e https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis o f o w n e r -o c c u p ie d d w e llin g s . N o n fa r m b u s in e s s a lso e x c lu d e s farm in g. P riv a te b u s in e s s an d p r iv a te n o n fa r m b u s in e s s fu rth er e x c lu d e g o v e r n m e n t e n te r p r ise s . T h e m ea su res are su p p lie d b y th e U .S . D e p artm en t o f C o m m e r c e ’s B u reau o f E c o n o m ic A n a ly sis . A n n u al estim a tes o f m an u fa ctu rin g se c to r a l o u tp u t are p r o d u c e d by th e B u reau o f L ab or S ta tistic s . Q u arterly m a n u fa c tu r in g o u tp u t in d e x e s fro m th e F ederal R eserv e B oard are adjusted to th ese an n u al o u tp u t m ea su r e s b y th e bls . C o m p e n sa tio n d ata are d e v e lo p e d from d ata o f th e B u rea u o f E c o n o m ic A n a ly s is an d th e B u re a u o f L ab or S ta tis tic s . H o u rs d ata are d e v e lo p e d from d ata o f th e B u rea u o f L ab or S ta tistic s . T h e p r o d u c tiv ity an d a s s o c ia te d c o s t m ea su r e s in ta b le s 4 3 - 4 6 d e sc r ib e th e re la tio n s h ip b e tw e e n o u tp u t in real term s and th e lab or and ca p ita l in p u ts in v o lv e d in its p r o d u c tio n . T h e y s h o w th e c h a n g e s from p e r io d to p e r io d in th e a m o u n t o f g o o d s and se r v ic e s p ro d u ced p er u n it o f m ea su r e s d iffe r in m e th o d o lo g y and d ata s o u r c e s fro m th e p r o d u c tiv ity m e a su r e s fo r th e m ajor se c to r s b e c a u s e th e in d u stry m ea su r e s are d e v e lo p e d in d e p e n d e n tly o f th e N a tio n a l In co m e and P rod u ct A c c o u n ts f r a m e w o r k u s e d fo r t h e m a jo r s e c t o r in p u t. A lth o u g h th e s e m ea su r e s rela te ou tp u t to h o u rs and ca p ita l s e r v ic e s , th e y d o n o t m ea su re th e c o n tr ib u tio n s o f lab or, c a p i ta l, or a n y oth er s p e c ific fa cto r o f p r o d u c tio n . R ath er, th e y r e fle c t th e j o in t e f fe c t o f m an y in flu e n c e s , in c lu d in g c h a n g e s in te c h n o lo g y ; sh ifts in th e c o m p o s itio n o f th e la b o r fo rce; ca p ita l in v e stm e n t; le v e l o f o u tp u t; c h a n g e s in th e u tiliz a t io n o f c a p a c ity , en e r g y , m a ter ia l, an d resea rch and d e v e lo p m e n t; th e o r g a n iz a tio n o f p ro d u ctio n ; m a n agerial sk ill; and ch a ra cteris industry. t ic s and e ffo r ts o f th e w o rk fo r c e . FOR ADDITIONAL INFORMATION On th is p r o d u c tiv ity s e r ie s, c o n ta c t th e D iv is io n o f P r o d u c t iv it y R e s e a r c h : ( 2 0 2 ) 6 9 1 — 5606. Industry p ro d uc tivity m e a sure s Description of the series T h e BLS i n d u s t r y p r o d u c t i v i t y d a ta su p p le m e n t th e m ea su r e s fo r th e b u s in e s s e c o n o m y an d m ajor se c to r s w ith an n u al m ea su res o f lab or p ro d u ctiv ity for se le c te d in d u stries at th e three- and fo u r -d ig it le v e ls o f th e S tan d ard In d u stria l C la s s ific a tio n sy ste m . In a d d itio n to lab or p r o d u ctiv ity , t h e in d u s t r y d a ta a ls o i n c lu d e a n n u a l m ea su r e s o f c o m p e n sa tio n and u n it lab or c o s ts fo r th r e e - d ig it in d u s tr ie s and m ea su r e s o f m u ltifa c to r p r o d u c tiv ity for th r e e -d ig it m a n u fa ctu rin g in d u str ie s and r a ilr o a d t r a n s p o r t a t io n . T h e in d u s t r y m ea su res. Definitions Output per hour is d e r iv e d b y d iv id in g an in d e x o f in d u stry ou tp u t b y an in d e x o f la b o r in p u t. F or m o st in d u s tr ie s, output in d e x e s are d eriv ed from d ata o n th e v a lu e o f in d u s t r y o u tp u t a d j u s t e d f o r p r ic e ch a n g e. F or th e rem a in in g in d u stries, o u t put in d e x e s are d e r iv e d from d ata o n th e p h y sic a l q u a n tity o f p r o d u c tio n . T h e labor input s e r ie s c o n s is t o f the hours o f all em p lo y ees (produ ction w o rk ers and n on p rod uction w orkers), the hours o f all p erson s (paid e m p lo y ees, partners, propri etors, and u n p aid fa m ily w o rk ers), or the num ber o f em p lo y ees, d ep en d in g up on the Unit labor costs re p r e se n t th e la b o r c o m p e n s a t io n c o s t s p e r u n it o f o u tp u t p ro d u ced , and are d e r iv e d b y d iv id in g an in d e x o f lab or c o m p e n s a tio n b y an in d e x o f o u tp u t. Labor compensation in c lu d e s p a y r o ll a s w e l l a s s u p p l e m e n t a l p a y m en ts, in c lu d in g b o th le g a lly req u ired e x p e n d itu r e s an d p a y m e n ts fo r v o lu n ta r y p rogram s. M ultifactor productivity is d e r iv e d b y d iv id in g an in d e x o f in d u stry o u tp u t b y an in d e x o f th e c o m b in e d in p u ts c o n su m ed in p r o d u c in g th at o u tp u t. Com bined inputs in c lu d e ca p ita l, lab o r, and in te r m e d ia te p u r c h a se s. T h e m ea su re o f capital input u se d rep r e se n ts th e f lo w o f s e r v ic e s fro m th e c a p ita l s to c k u s e d in p ro d u ctio n . It is d e v e lo p e d from m ea su res o f th e n et sto c k o f p h y s ic a l a s s e t s — e q u ip m e n t, stru ctu res, lan d , and in v e n to ries. T h e m e a su r e o f intermediate pur chases is a c o m b in a tio n o f p u rch a sed m a te r ia ls, s e r v ic e s , f u e ls , an d e le c tr ic ity . Notes on the data T h e in d u stry m e a su r e s are c o m p ile d fro m d ata p ro d u ced b y th e B u reau o f L a b o r S ta t is t ic s and th e B u rea u o f th e C e n s u s ,w ith a d d itio n a l d ata su p p lie d b y o th e r g o v e r n m e n t a g e n c ie s , tra d e a s s o c i a t i o n s , a n d oth er so u r c e s. F or m o st in d u s tr ie s, th e p r o d u c tiv ity in d e x e s refer to th e ou tp u t per h o u r o f a ll e m p lo y e e s . F o r so m e trad e and s e r v ic e s in d u str ie s, in d e x e s o f o u tp u t p er h o u r o f a ll p e r s o n s ( in c lu d in g s e lf- e m p lo y e d ) are Monthly Labor Review July 2002 69 Current Labor Statistics co n str u c te d . F or so m e tra n sp o rta tio n in d u stries, o n ly in d e x e s o f o u tp u t p er e m p lo y e e are p rep ared . FOR ADDITIONAL INFORMATION o n th is s e r ie s , c o n ta c t th e D iv is io n o f In d u stry P r o d u c tiv ity S tu d ies: ( 2 0 2 ) 6 9 1 - 5 6 1 8 . International Comparisons (T a b le s 4 7 - 4 9 ) Labor force and u n e m p lo y m e n t Description of the series T ab les 4 7 and 4 8 present com parative m eas ures o f the labor force, em p loym en t, and un e m p lo y m e n t — a p p r o x im a tin g U .S . c o n cep ts— for the U n ited States, Canada, A u s tralia, Japan, and several European countries. T h e u n e m p lo y m e n t s t a t is t ic s (a n d , to a le sse r ex ten t, e m p lo y m en t sta tistics) p u b lish ed by other industrial cou n tries are not, in m o st ca ses, com parable to U .S . u n em p loy m en t sta tistics. T h erefore, the B ureau ad ju sts the figures for selected countries, w here n ecessary, for all k n ow n m ajor d efin ition al d ifferen ces. A lth o u g h p recise com p arab ility m ay n ot be a ch iev ed , th e se adjusted figures p rovid e a better b a sis for international co m p arison s than the fig u res regularly p u b lish ed b y each country. For further inform ation on ad ju stm en ts and co m p arab ility issu e s, se e C on stan ce Sorrentino, “ International u n em p lo y m en t rates: h o w com p arab le are th ey?” M o n th ly L a b o r R e v ie w , June 2 0 0 0 , pp. 3 -2 0 . Definitions For the principal U .S . definitions o f the labor force, employment, and unemployment, see the N o tes section on E m ploym ent and U n em p loym ent Data: H o u seh old survey data. Notes on the data T he adjusted statistics h ave b een adapted to the ag e at w h ich co m p u lsory sc h o o lin g en d s in each country, rather than to the U .S . stan dard o f 16 years o f age and older. T herefore, the adjusted statistics relate to the p op u la tion aged 16 and older in France, Sw ed en , and the U n ited K ingdom ; 15 and older in A ustra lia, Japan, Germ any, Italy from 1993 onward, and the N etherlands; and 14 and old er in Italy prior to 1993. A n ex cep tio n to th is rule is that the C anadian statistics for 197 6 onward are a d ju sted to c o v e r a g e s 16 and o ld er, 70 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis w hereas the age at w h ich com p ulsory sc h o o l in g en d s rem ain s at 15. T h e in stitu tio n a l p op u lation is in clu d ed in the denom inator o f the labor force participation rates and em p lo y m e n t-p o p u la tio n ratios for Japan and Germ any; it is exclu d ed for the U n ited States and the other countries. In the U .S . labor fo rce survey, persons on la y o ff w h o are aw aitin g recall to their jo b s are cla ssifie d as u n em p loyed . European and Japanese la y o ff p ractices are quite different in nature from th o se in the U n ited States; therefore, strict ap p lication o f the U .S . d efi n ition has n ot b een m ade on this point. For further inform ation, se e M o n th ly L a b o r R e v ie w , D ecem b er 1981, pp. 8 -1 1 . T h e figu res for on e or m ore recent years for F rance, G erm any, Italy, the N eth erlan d s, and the U n ited K in gd om are calculated u sin g adjustm ent factors b ased on labor fo rce sur v e y s for earlier years and are co n sid ered pre lim inary. T he recent-year m easu res for th ese cou n tries, therefore, are su b ject to revision w h en ev er data from m ore current labor force su rveys b eco m e available. There are breaks in the data series for the U nited States ( 1 9 9 0 ,1 9 9 4 ,1 9 9 7 ,1 9 9 8 ,1 9 9 9 , 2 0 0 0 ), C anada (1 9 7 6 ) France (1 9 9 2 ), G er m any (1 9 9 1 ), Italy (1 9 9 1 , 1993), the N e th erlands (1 9 8 8 ), and S w ed en (1 9 8 7 ). For the U n ited States, the break in series reflects a m ajor red esign o f the labor force su rvey qu estion n aire and co llectio n m eth od o lo g y introduced in January 1994. R ev ised p op u lation estim ates b ased on the 19 9 0 c en su s, adjusted for the estim ated undercount, a lso w ere incorporated. In 1996, p reviou sly p u b lish ed data for the 1 9 9 0 -9 3 period w ere r e v is e d to r e fle c t th e 1 9 9 0 c e n s u s -b a s e d p o p u la tio n c o n tr o ls, a d ju sted for th e u n dercount. In 1997, revised pop u lation co n trols w ere introduced into the h o u seh o ld sur v e y . T h e r e fo r e , th e d ata are n o t str ic tly conparable w ith prior years. In 1998, n ew co m p o site estim ation p rocedures and m inor rev isio n s in p op u lation con trols w ere intro du ced into the h o u seh o ld survey. T herefore, the data are n ot strictly com parable w ith data for 1997 and earlier years. S ee the N o te s se c tio n on E m p lo y m e n t an d U n e m p lo y m e n t D ata o f th is R e v ie w . bls recently introduced a n ew adjusted series for Canada. B e g in n in g w ith the data for 1976, C anadian data are adjusted to m ore c lo s e ly approxim ate U .S . con cep ts. A d ju st m en ts are m ade to the u n em p loyed and labor force to exclu d e: (1 ) 15-year-old s; (2 ) p as siv e jo b seek ers (p erson s o n ly reading n e w s paper ads as their m eth od o f jo b search); (3 ) p erson s w aitin g to start a n ew jo b w h o did n ot seek w ork in the past 4 w eeks; and (4 ) p ersons u n available for w ork due to personal or fa m ily resp o n sib ilities. A n adjustm ent is July 2002 m ade to in clu d e full-tin e students lo o k in g for fu ll-tim e w ork . T h e im pact o f the a d ju st m ents w as to low er the annual average u nem p loym en t rate by 0 .1 - 0 .4 p ercen tage p oin t in the 1 9 8 0 s and 0 .4 - 1 .0 percen tage p oin t in the 1990s. For F rance, the 1992 break reflects the substitution o f standardized E uropean U n io n S tatistical O ffice (eurostat) u n em p lo y m en t sta tistics for th e u n em p lo y m en t data e s ti m ated accord in g to the International Labor O ffice (ilo) d efin ition and p u b lish ed in the O rganization for E c o n o m ic C oop eration and D ev elo p m en t (oecd) annual yearb o o k and quarterly update. T h is ch an ge w as m ade b e cau se the eurostat data are m ore u p -to-date than the OECD figures. A lso , sin ce 1 9 9 2 , the eurostat d efin itio n s are clo ser to the U .S . d efin itio n s than th ey w ere in prior years. T he im pact o f th is revision w a s to lo w er the u n em p loym en t rate b y 0.1 p ercen tage p o in t in 1992 and 1993, by 0 .4 p ercen tage p oin t in 1994, and 0.5 percentage p oin t in 1995. For G erm any, the data for 1991 onw ard refer to u n ified Germ any. D ata prior to 1991 relate to the form er W est G erm any. T h e im pact o f in clu d in g the form er E ast G erm any w as to in crease the u n em p loym en t rate from 4 .3 to 5 .6 p ercent in 1991. For Italy, the 1991 break reflects a rev i sio n in the m eth od o f w eig h tin g sam p le data. T h e im pact w as to in crease the u n em p lo y m en t rate b y ap p roxim ately 0 .3 p ercen tage point, from 6 .6 to 6 .9 percent in 1991. In O ctob er 1992, the su rvey m eth o d o l o g y w a s revised and the d efin itio n o f u n em p loym en t w as ch an ged to in clu d e o n ly th o se w h o w ere a ctively lo o k in g for a j o b w ith in the 3 0 days p reced in g the su rvey and w h o w ere a v a ila b le for w ork . In a d d itio n , th e lo w er age lim it for the labor force w a s raised from 14 to 15 years. (Prior to th ese ch a n g es, bls ad ju sted Ita ly ’s p u b lish e d u n e m p lo y m ent rate dow n w ard b y e x clu d in g from the u n e m p lo y e d t h o s e p e r s o n s w h o h ad n o t a ctiv ely sou gh t w ork in the p ast 3 0 d ays.) T h e break in the series also reflects the in cor poration o f the 1991 p op u lation c en su s re su lts. T h e im pact o f th e se ch a n g es w a s to raise Ita ly ’s adjusted u n em p loym en t rate by ap p roxim ately 1.2 p ercen tage p oin ts, from 8.3 to 9 .5 p ercen t in fourth-quarter 1 9 9 2 . T h ese ch a n g es d id n ot affect em p lo y m en t sign ifican tly, ex cep t in 1993. E stim ates by the Italian S tatistical O ffice in d icate that em p lo y m e n t d e c lin e d b y a b ou t 3 p ercen t in 1993, rather than the nearly 4 percent in d i cated by the data sh o w n in table 4 4 . T h is d ifferen ce is attributable m ain ly to the in co r poration o f the 1991 pop u lation benchm arks in the 1993 data. D ata for earlier years h ave n ot b een adjusted to incorporate the 1991 cen su s results. For the N eth erlan d s, a n ew su rvey q u es tionnaire w a s introduced in 1992 that allow ed for a c lo s e r a p p lica tio n o f ILO g u id elin e s. Eurostat h as rev ised the D u tch series back to 19 8 8 based on the 1992 changes. T he 1988 rev ised u n em p lo y m en t rate is 7 .6 percent; the p rev io u s estim ate for the sam e year w as 9.3 percent. There h a v e b een tw o breaks in series in th e S w e d ish lab or fo rce survey, in 1987 and 1 9 9 3 . A d ju stm en ts h a v e b een m ade for the 19 9 3 break b ack to 1 9 8 7 . In 1987, a n ew q u e stio n n a ir e w a s in tr o d u ce d . Q u e s tio n s re g a r d in g cu rren t a v a ila b ility w e r e a d d ed and th e p e r io d o f a c tiv e w o r k s e e k in g w a s r e d u c e d fro m 6 0 d a y s to 4 w e e k s . T h e s e c h a n g e s lo w e r e d S w e d e n ’s 1 9 8 7 u n e m p lo y m e n t rate b y 0 .4 p e r c e n ta g e p o in t, fro m 2 .3 to 1 .9 p ercen t. In 1 9 9 3 , th e m e a su re m en t p e r io d fo r th e lab or fo r c e su r v e y w a s c h a n g e d to rep resen t a ll 5 2 w e e k s o f th e y e a r ra th er th a n o n e w e e k e a c h m o n th and a n e w a d ju stm en t for p o p u la t io n t o t a ls w a s in tr o d u c e d . T h e im p a c t w a s to r a is e th e u n e m p lo y m e n t rate b y a p p r o x im a te ly 0 .5 p e r c e n ta g e p o in t, from 7 .6 to 8.1 p ercen t. S ta tis tic s S w e d e n re v is e d its la b o r fo r c e su r v e y d ata for 1 9 8 7 — 9 2 to ta k e in to a c c o u n t th e b reak in 1 9 9 3 . T h e a d ju stm en t ra ised th e S w e d is h u n e m p lo y m e n t rate b y 0 .2 p e r c e n ta g e p o in t in 1 9 8 7 an d g ra d u a lly r o se to 0 .5 p e r c e n ta g e p o in t in 1 9 9 2 . B eg in n in g w ith 1987, bls has adjusted the S w ed ish data to c la ssify students w h o also so u g h t w ork as u n em p loyed . T h e im pact o f th is ch a n g e w a s to in crease the adjusted un em p lo y m en t rate b y 0.1 p ercen tage p oin t in 19 8 7 and b y 1.8 p ercen tage p oin ts in 1994, w h en u n em p lo y m en t w a s higher. In 1998, th e ad ju sted u n em p lo y m en t rate had risen from 6 .5 to 8 .4 percent d u e to the adjustm ent to in clu d e students. T h e n e t e f fe c t o f th e 1 9 8 7 an d 1 9 9 3 c h a n g e s an d th e bls a d ju stm en t fo r stu d e n ts s e e k i n g w o r k lo w e r e d S w e d e n ’s 1 9 8 7 u n e m p lo y m e n t rate from 2 .3 to 2 .2 p ercen t. FORADDITIONAL INFORMATION On th is se ries, con tact the D iv isio n o f F oreign Labor Statistics: (2 0 2 ) 6 9 1 - 5 6 5 4 . M anufacturing productivity and labor costs Description of the series T able 4 9 p resen ts com p arative in d e x e s o f m anufacturing labor p rod u ctivity (output per hour), output, total hours, com p en sation per hour, and u n it la b o r c o s ts for th e U n ited S tates, C anada, Japan, and n in e E uropean https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis countries. T h ese m easures are trend com pari son s— that is, series that m easure ch an ges o v er tim e— rather than le v e l com p arison s. There are greater tech n ical p rob lem s in co m paring the le v e ls o f m anu factu ring output am ong countries. BLS constructs the com parative in d exes from three basic aggregate m easures— output, total labor h ou rs, and total co m p en sa tio n . T h e hours and com p en sation m easures refer to all em p lo y ed p erson s (w a g e and salary earners p lus se lf-em p lo y ed p erson s and u n paid fam ily w ork ers) in the U n ited States, Canada, Japan, F rance, Germ any, N orw ay, and S w ed en , and to all em p lo y ees (w a g e and salary earners) in the other countries. Definitions Output, in g e n e r a l, refers to v a lu e ad d ed in m a n u fa c tu r in g from th e n a tio n a l a c c o u n ts o f e a c h co u n tr y . H o w e v e r , th e o u tp u t se r ie s fo r Japan p rior to 1 9 7 0 is an in d e x o f in d u stria l p r o d u c tio n , and th e n a tio n a l a c c o u n ts m ea su res for th e U n ite d K in g d o m are e s s e n t ia lly id e n tic a l to th eir in d e x e s o f in d u stria l p ro d u ctio n . T h e 1 9 7 7 - 9 7 o u t p u t d a ta f o r t h e U n ite d S ta tes are th e g r o s s p ro d u ct o r ig i n a tin g (v a lu e a d d ed ) m ea su r e s p rep ared b y th e B u re a u o f E c o n o m ic A n a ly s is o f th e U .S . D ep a rtm e n t o f C o m m er ce. C o m p a ra b le m a n u fa c tu r in g o u tp u t d ata cu r ren tly are n o t a v a ila b le p rior to 1 9 7 7 . U .S . g ross p roduct origin atin g is a ch ain ty p e a n n u a l-w e ig h te d se ries. (F or m ore in fo rm a tio n o n th e U .S . m ea su re, se e R ob ert E . Y u s k a v a g e , “ I m p r o v e d E s tim a t e s o f G r o s s P r o d u c t b y In d u s tr y , 1 9 5 9 - 9 4 , ” S u r v e y o f C u r r e n t B u s i n e s s , A u g u st 1 9 9 6 , pp. 1 3 3 - 5 5 .) T h e J a p a n ese v a lu e ad d ed s e r ie s is b a se d u p o n o n e se t o f fix e d p rice w e ig h ts for th e y ea rs 1 9 7 0 th ro u g h 1 9 9 7 . O u tp u t s e r ie s fo r th e o th e r fo r e ig n e c o n o m ie s a lso e m p lo y f ix e d p r ic e w e ig h t s , but th e w e ig h t s are u p d a ted p e r io d ic a lly (fo r e x a m p le , e v e r y 5 or 10 y e a r s). To p reserve the com p arab ility o f the U .S . m easures w ith th ose for other econ om ies, bls u se s gross product origin atin g in m anu fac turing for the U n ited States for th e se co m parative m easures. T h e gross product orig i n atin g series d iffers from the m anufacturing output series that bls p u b lish es in its n ew s releases on quarterly m easures o f U .S . pro d u ctivity and co sts (and that u n d erlies the m easures that appear in tables 43 and 45 in th is section ). T he quarterly m easures are on a “sectoral output” b asis, rather than a valu eadded b asis. Sectoral output is gross output less intrasector transactions. Total labor hours refers to hours w orked in all countries. T h e m easu res are d ev elo p ed from statistics o f m anufacturing em p loym en t and average hours. T he series u sed for France (from 197 0 forw ard), N orw ay, and S w ed en are o fficial series p u b lish ed w ith the n ational accounts. W here o fficial total hours series are n ot availab le, the m easu res are d ev elo p ed by bls u sin g em p loym en t figures p u b lish ed w ith the n ational accou n ts, or other com p reh en siv e em p loym en t series, and estim ates o f an nual hours w ork ed . For G erm any, bls u ses estim ates o f average hours w ork ed d ev elo p ed b y a research institute con n ected to th e M in istry o f L abor for u se w ith the n ation al a c co u n ts e m p lo y m en t fig u r es. F or the other countries, bls con stru cts its o w n estim ates o f average hours. Denm ark has not p ublished estim ates o f average hours for 1994—97; therefore, the bls m easure o f labor input for D enm ark ends in 1993. Total compensation (labor cost) includes all paym ents in cash or in-kind m ade directly to em p loyees p lus em ployer expenditures for legally required insurance program s and co n tractual and private benefit plans. T he m ea sures are from the national accounts o f each country, excep t th ose for B elgiu m , w h ich are d evelop ed b y bls u sin g statistics on em p loy m ent, average hours, and hourly com p en sa tion. For Canada, France, and S w eden, co m pensation is increased to account for other sig nificant taxes on payroll or em ploym ent. For the U nited K ingdom , com pensation is reduced betw een 1967 and 1991 to account for em p loym en t-related su b sid ies. S e lf-e m p lo y e d workers are included in the all-em ployed-per son s m easures by assum ing that their hourly com pensation is equal to the average for w age and salary e m p lo y ees. Notes on the data In general, the m easu res relate to total m anu facturing as d efined b y the International Stan dard Industrial C lassification . H ow ev er, the m easu res for France (for all years) and Italy (b egin n in g 19 7 0 ) refer to m in in g and m anu factu rin g le s s en ergy-related p roducts, and the m easures for Denm ark inclu d e m inin g and exclu d e m anufacturing handicrafts from 1960 to 1966. T h e m easu res for recen t years m ay b e based on current indicators o f m anufacturing ou tp u t (su c h as in d u strial p ro d u ctio n in d e x e s ), e m p lo y m e n t, a v er a g e h o u rs, and hourly com p en sation until national accou n ts and other statistics u sed for the lon g-term m easures b ecom e available. For additional information o n this se ries, con tact the D iv isio n o f F oreign Labor Statistics: (2 0 2 ) 6 9 1 - 5 6 5 4 ._________________ Monthly Labor Review July 2002 71 Current Labor Statistics c o n t in u e d b e g in n in g w ith th e 1 9 9 3 su r v e y . T h e n u m b e r o f d a y s a w a y fr o m w o r k or d a y s o f r e s tr ic te d w o r k a c t iv ity d o e s n o t in c lu d e th e d a y o f in ju r y or o n s e t o f i l l n e s s or a n y d a y s o n w h ic h th e e m p lo y e e w o u ld n o t h a v e w o r k e d , su c h a s a F e d e r a l h o lid a y , e v e n th o u g h a b le to w o rk . Incidence rates are c o m p u t e d a s th e n u m b e r o f in ju r ie s a n d /o r i l l n e s s e s or lo s t w o r k d a y s p er 1 0 0 f u l l - t im e w o r k ers. Occupational Injury and Illness Data (T ables 5 0 - 5 1 ) Survey of Occupational Injuries and Illnesses Description of the series The Survey o f O ccupational Injuries and Ill n esses co llects data from em ployers about their w orkers’ job-related nonfatal injuries and ill nesses. T he inform ation that em ployers pro v id e is based on records that they m aintain un der the O ccupational Safety and Health A ct o f 1970. S elf-em p loyed individuals, farms with few er than 11 em p loyees, em ployers regulated by other Federal safety and health law s, and Federal, State, and local governm ent agencies are excluded from the survey. T h e su rv ey is a F ed eral-S tate c o o p era tiv e program w ith an in d ep en d en t sam p le se lecte d for each participating State. A strati fied ran d om sa m p le w ith a N ey m a n a llo c a tio n is se le c te d to represent all private in d u stries in the State. T h e su rvey is stratified b y Standard In d u strial C la ss ific a tio n and siz e o f em p lo y m en t. Definitions U n d er the O ccu p ation al Safety and H ealth A ct, em p lo y ers m aintain records o f nonfatal w ork -related injuries and illn e ss e s that in v o lv e o n e or m ore o f the fo llo w in g : lo ss o f c o n sc io u sn ess, restriction o f w ork or m otion, transfer to another jo b , or m ed ical treatm ent other than first aid. Occupational injury is any injury such as a cut, fracture, sprain, or amputation that re sults from a work-related event or a single, in stantaneous exposure in the work environment. Occupational illness is an abnormal con dition or disorder, other than one resulting from an occu p ational injury, caused by exp osu re to factors a sso cia ted w ith em p loym en t. It in clu d es acute and chronic illn esses or d isease w h ich m ay b e caused by inhalation, absorp tion, in gestion , or direct contact. Lost workday injuries and illnesses are ca se s that in v o lv e d ays aw ay from w ork, or d ays o f restricted w ork activity, or both. Lost workdays include the number of workdays (consecutive or not) on which the employee was either away from work or at work in some restricted capacity, or both, because of an occupational injury or illness, bls measures of the number and incidence rate of lost workdays were dis 72 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Notes on the data T h e d efin ition s o f occu p ational injuries and illn esses are from R e c o r d k e e p in g G u id e lin e s f o r O c c u p a tio n a l I n ju r ie s a n d I lln e s s e s (U .S . D epartm ent o f Labor, Bureau o f Labor Sta tistics, S eptem ber 1986). Estim ates are m ade for industries and em ploym ent size classes for total recordable cases, lo st w ork d ay ca ses, days aw ay from w ork cases, and nonfatal cases w ithout lost work days. T h ese data also are show n separately for injuries. Illness data are available for seven cat egories: occupational skin diseases or disorders, dust diseases o f the lungs, respiratory condi tions due to toxic agents, p oison in g (system ic effects o f toxic agents), disorders due to p hysi cal agents (other than toxic materials), disor ders associated with repeated trauma, and all other occupational illnesses. The survey continues to m easure the num ber o f n ew w ork-related illn ess cases w h ich are recognized, diagnosed, and reported during the year. S om e conditions, for exam ple, lon g term latent illn esses caused by exposure to carcinogens, often are difficult to relate to the w orkplace and are not adequately recognized and reported. T h ese long-term latent illn esses are b elieved to be understated in the su rvey’s illness measure. In contrast, the overw helm ing m ajority o f th e reported n ew illn e ss e s are th ose w h ich are easier to directly relate to w orkplace activity (for exam ple, contact der m atitis and carpal tunnel syndrom e). M ost o f the estim ates are in the form o f incid en ce rates, defined as the number o f inju ries and illn esses per 100 equivalent full-tim e workers. For this purpose, 2 0 0 ,0 0 0 em p loyee hours represent 100 em p loyee years (2 ,0 0 0 hours per em p loyee). Full detail on the avail able m easures is presented in the annual b u lle tin , O c c u p a t i o n a l I n j u r ie s a n d I l ln e s s e s : M in in g and railroad data are furnished to bls b y the M in e S afety and H ealth A d m in is tration and the Federal R ailroad A d m in istra tion. D ata from th ese organ izations are in clu d ed in both th e n ation al and State data p u b lish ed annually. W ith the 19 9 2 survey, bls b egan p u b lish in g d etails on seriou s, nonfatal in cid en ts re su ltin g in days aw ay from w ork. In clu d ed are so m e m ajor characteristics o f the injured and ill w orkers, su ch as occu p ation , age, gender, race, and len gth o f service, as w e ll as the cir cu m stan ces o f their injuries and illn esses (na ture o f the d isab lin g con d ition , part o f b od y affected , even t and exp osu re, and the sou rce directly p roducing the con d ition ). In general, th ese data are availab le n a tio n w id e for d e tailed industries and for in d ivid u al States at m ore aggregated industry lev els. For additional information on o c c u pational injuries and illn esses, contact the O f fice o f O ccupational Safety, H ealth and Work in g C on d ition s at (2 0 2 ) 6 9 1 - 6 1 8 0 , or a ccess the Internet at: http://www.bls.gov/iip/ Census of Fatal O ccupational Injuries T h e C en su s o f Fatal O ccu p ation al Injuries co m p ile s a co m p lete roster o f fatal jo b -re lated injuries, in clu d in g d etailed data about th e fa ta lly in ju red w o rk ers an d th e fatal e v e n t s . T h e p ro g ra m c o l l e c t s an d c r o s s ch e c k s fa ta lity in form ation from m u ltip le sou rces, in clu d in g death certificates, State and F ederal w ork ers’ com p en sation reports, O ccu p ation al S afety and H ealth A d m in istra tion and M in e S afety and H ealth A d m in is tration records, m ed ica l exam in er and au top sy reports, m ed ia accou n ts, State m otor v e h ic le fatality records, and fo llo w -u p q u es tionn aires to em p loyers. In ad d ition to private w a g e and salary w orkers, the self-em p loyed , fam ily m em bers, and F ed eral, S tate, and lo c a l g o v ern m en t w orkers are covered by the program . To be in clu d ed in the fatality cen su s, the d eced en t m ust h ave b een em p loyed (that is w ork in g for pay, com p en sation, or profit) at the tim e o f the even t, en gaged in a legal w ork activity, or present at the site o f the in cid en t as a re quirem ent o f h is or her jo b . C o u n ts, R a te s , a n d C h a r a c te r is tic s . C om parable data for m ore than 4 0 States and territories are availab le from the bls O f fic e o f Safety, H ealth and W orking C on d i tion s. M an y o f th ese States pub lish data on State and local govern m en t em p lo y ees in ad d ition to private industry data. July 2002 Definition A fatal work injury is any intentional or un intentional w ound or dam age to the bod y re sulting in death from acute exposure to energy, such as heat or electricity, or kinetic energy Notes on the data the en d o f the referen ce year. T h e C en su s o f Fatal O ccu p ation al Injuries w a s in itiated in 199 2 as a jo in t F ed eral-S tate effort. M o st States issu e sum m ary inform ation at the tim e o f the n ation al n e w s release. For additional information o n the C en su s o f Fatal O ccu p ation al Injuries c o n tact th e bls O ffic e o f S afety, H ealth , and W orking C on d ition s at (2 0 2 ) 6 9 1 - 6 1 7 5 , or the Internet at: http://www.bls.gov/iip/ from a crash, or from the ab sen ce o f such es sentials as heat or o x y g en caused by a sp ecific even t or incident or series o f events w ithin a sin gle w orkday or shift. Fatalities that occur during a p erson ’s com m u te to or from w ork are exclu d ed from the census, as w ell as workr e la te d i l l n e s s e s , w h ic h can b e d iff ic u lt to identify due to lon g latency periods. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis T w e n ty -eig h t data elem en ts are c o lle c te d , cod ed , and tabulated in the fatality program , in clu d in g in form ation ab ou t the fatally in ju red w orker, the fatal in cid en t, and the m a ch in ery or eq u ip m en t in v o lv ed . Sum m ary w ork er d em ograp h ic data and ev en t ch arac teristics are in clu d ed in a n ation al n e w s re le a se that is availab le ab ou t 8 m on th s after LABSTAT available via World Wide Web L abstat, the B ureau o f Labor S tatistics p u b lic database, p rovid es current and historical data for m any B L S su rveys as w e ll as n u m erous n ew s releases. labstat P u b lic A c c e ss has introduced a n ew production Internet service o ver the W orld W ide W eb. bls and region al o ffic e s program s are d escrib ed u sin g h yp ertext p ages. A c c e ss to labstat data and n ew s releases is p rovid ed by a link to the bls gop h er server. T he url is: http://www.bls.gov/blshome.html I f y o u h ave q u estion s or com m ents regarding the labstat system on the Internet, address e-m ail to: lab stat.h elp d esk @ b ls.gov Monthly Labor Review July 2002 73 Current Labor Sta tistic s: Comparative Indicators 1. Labor market indicators Selected indicators 2000 2000 2001 I II 2001 III IV I II 2002 III IV I E m p lo y m e n t d a ta Employment status of the civilian noninstitutionalized population (household survey):1 Labor force participation rate.................................................... Employment-population ratio.................................................... Unemployment rate.................................................................. Men........................................................................................... 16 to 24 years....................................................................... 25 years and over................................................ ................ Women..................................................................................... 16 to 24 years....................................................................... 25 years and over................................................................. 67.2 64.5 66.9 67.3 63.8 4.0 3.9 9.7 2.8 4.1 4.8 4.8 11.4 3.6 4.7 64.6 4.0 3.9 9.7 8.9 3.2 9.7 3.7 67.3 64.6 4.0 3.9 9.7 2.8 4.2 2.8 4.1 9.5 9.0 3.2 3.1 67.0 67.1 64.3 4.1 3.9 9.8 2.8 64.4 4.2 8.5 4.0 8.4 3.3 3.0 4.0 4.0 9.6 2.9 67.2 64.4 4.2 4.2 10.6 3.1 4.1 66.9 63.9 4.5 4.6 11.2 3.4 8.7 4.3 9.2 3.3 3.4 66.8 63.6 4.8 4.9 11.5 3.7 4.8 10.0 3.7 66.9 63.1 5.6 5.7 12.7 4.4 5.5 10.6 4.4 66.5 62.8 5.6 5.7 12.9 4.5 5.5 11.0 4.4 Employment, nonfarm (payroll data), in thousands:1 Total............................................................................................. 131,720 131,922 Private sector........................................................................... 111,018 Goods-produclng................................................................... Manufacturing.................................................................... Service-producing.................................................................. 25,649 18,473 106,051 110,989 24,949 17,695 106,978 130,995 110,461 25,701 18,502 105,293 131,819 110,860 25,690 18,510 106,129 131,876 111,219 25,681 18,494 106,195 132,185 111,551 132,559 111,687 132,193 111,332 25,626 18,400 106,559 25,493 18,196 106,941 25,136 17,872 107,057 131,943 110,939 24,786 17,538 107,157 131,130 110,035 24,375 17,174 106,755 130,759 109,594 24,049 16,883 106,711 Average hours: Private sector........................................................................... Manufacturing........................................................................ Overtime.............................................................................. 34.5 41.6 4.6 34.2 40.7 34.5 41.8 3.9 4.8 4.1 1.3 4.2 1.5 34.4 34.4 41.8 4.7 41.5 4.5 34.3 41.1 4.4 34.3 41.0 4.1 34.2 40.8 3.9 34.1 40.7 3.9 1.0 1.2 1.0 .9 .7 1.3 1.4 .9 1.0 1.2 .7 34.1 40.5 3.8 34.2 40.8 4.0 .8 .8 1.0 1.1 E m p lo y m e n t C o s t In d e x 2 Percent change in the E C I, compensation: All workers (excluding farm, household and Federal workers). Private industry workers......................................................... 4.1 4.4 .9 Goods-producing3............................................................... 4.4 3.8 1.6 1.2 .9 .6 1.3 .9 .7 .8 1.2 Service-producing3.............................................................. State and local government workers...................................... 4.4 3.0 4.3 4.2 1.4 .6 1.2 .3 1.0 1.3 .7 .7 1.4 .9 1.0 .6 1.0 2.1 .8 .6 1.1 .6 Workers by bargaining status (private industry): Union........................................................................................... Nonunion................................................................................ . 4.0 4.4 4.2 4.1 1.3 1.5 1.0 1.2 1.2 1.0 .5 .7 .7 1.5 1.1 1.0 1.0 .9 1.4 .7 1.1 1.1 ’ Quarterly data seasonally adjusted. 2 Annual changes are December-to-December changes. Quarterly changes are calculated using the last month of each quarter. 3 Goods-producing industries include mining, construction, and manufacturing. Service-producing Industries include all other private sector industries. 74 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 2. Annual and quarterly percent changes in compensation, prices, and productivity Selected measures 2000 I II 2002 2001 2000 2001 III IV II I III IV 1 Compensation data1,2 Employment Cost Index— compensation (wages, salaries, benefits): Civilian nonfarm........................................................................ 4.1 4.1 1.3 1.0 1.0 0.7 1.3 0.9 1.2 0.8 1.0 Private nonfarm.................................................................... 4.4 4.2 1.5 1.2 .9 .7 1.4 1.0 .9 .8 1.1 3.8 3.7 1.1 1.0 1.1 .6 1.1 .9 1.0 .7 .9 3.9 3.8 1.2 1.0 1.0 .6 1,2 1.0 .8 .8 .9 1.6 3.4 1.7 .7 .8 .2 1.3 1.0 .2 - .9 .7 .4 .1 .9 .8 - .3 -3 .2 1.1 1.2 1.0 - .3 -4 .3 1.5 2.9 Employment Cost Index—wages and salaries: Private nonfarm.................................................................... Price data1 Consumer Price Index (All Urban Consumers): All Items...... Producer Price Index: Finished goods........................................................................... 3.5 -1 .8 1.5 1.8 .6 4.3 -2 .4 1.9 1.3 .8 Capital equipment.................................................................. 1.2 1.0 .1 .1 -7 .2 1.1 -.1 -7.1 -.1 .1 Intermediate materials, supplies, and components............... 4.0 -.2 1.8 1.4 1.0 - .3 .2 .6 -1 .0 -3 .6 .9 Crude materials........................................................................... 31.1 -8 .8 9.0 -6 .0 2.1 9.4 -3 .5 -6 .6 -12.0 -12.2 8.0 8.3 Productivity data3 Output per hour of all persons: Business sector........................................................................... 3.0 1.1 .3 6.7 .4 2.1 -1 .5 -.2 1.8 7.6 Nonfarm business sector........................................................... 2.9 1.1 .2 6.0 .6 1.7 -1 .5 -.1 2.1 7.3 8.6 Nonfinancial coroorations4........................................................ 2.1 1.0 5.3 .3 2.6 - .7 -2 .6 2.3 3.2 10.8 5.1 1 Annual changes are December-to-December changes. Quarterly changes are cent changes reflect annual rates of change in quarterly indexes. calculated using the last month of each quarter. Compensation and price data are not The data are seasonally adjusted. seasonally adjusted, and the price data are not compounded. 4 Output per hour of all employees. 2 Excludes Federal and private household workers. 3 Annual rates of change are computed by comparing annual averages. Quarterly per- 3. Alternative measures of wage and compensation changes Quarterly average Components Four quarters ending 2002 2001 I II III IV I 2002 2001 I II III IV I Average hourly compensation:1 All persons, business sector.............................................................. All persons, nonfarm business sector.............................................. 3.1 2.8 0.5 .1 0.9 1.0 1.4 1.5 3.8 3.6 4.5 4.2 3.9 3.6 2.0 1.8 1.5 1.4 1.6 1.6 1.3 1.4 .7 1.5 .9 .9 1.0 1.1 1.0 .6 1.2 .9 1.0 .9 2.1 .8 .8 1.4 .7 .6 1.0 1.1 1.1 1.1 .6 4.1 4.2 3.4 4.3 3.3 3.9 4.0 3.5 4.2 3.6 4.1 4.0 3.4 4.1 4.4 4.1 4.2 4.2 4.1 4.2 3.9 3.9 4.7 3.8 3.9 1.1 1.2 .6 1.2 .7 .9 1.0 1.1 .9 .5 1.0 .8 1.0 .8 1.9 .7 .8 1.6 .7 .5 .9 .9 .7 1.0 .5 3.8 3.8 3.6 3.9 3.5 3.7 3.8 3.8 3.7 3.7 3.6 3.6 3.6 3.6 3.9 3.7 3.8 4.4 3.6 3.6 3.5 3.5 4.4 3.4 3.4 Employment Cost Index— compensation: Civilian nonfarm2.................................................................................. Private nonfarm................................................................................. Union................................................................................................. Nonunion.......................................................................................... State and local governments........................................................... Employment Cost Index—wages and salaries: Civilian nonfarm2.................................................................................. Private nonfarm................................................................................. Union................................................................................................. Nonunion.......................................................................................... State and local governments........................................................... 1 Seasonally adjusted. "Quarterly average" is percent change from a quarter ago, at an annual rate. 2 Excludes Federal and household workers. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 75 Current Labor Statistics: 4. Labor Force Data Employment status of the population, by sex, age, race, and Hispanic origin, monthly data seasonally adjusted [Numbers in thousands] Employment status Annual average 2000 2002 2001 2001 May June July Aug. Sept Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 211,864 211,525 141,445 66.9 135,235 211,725 141,468 66.8 135,003 211,921 212,927 142,279 66.9 134,253 141,390 66.8 134,055 213,089 141,390 66.4 133,468 213,306 142,211 66.7 134,319 213,334 142,068 66.9 135,004 212,581 142,280 66.9 134,615 212,767 141,651 66.8 135,106 212,135 141,380 66.6 134,408 212,357 141,815 66.9 135,073 142,005 66.6 133,894 213,492 142,570 66.8 133,976 213,658 142,769 66.8 134,417 63.8 6,742 4.8 70,050 63.9 6,210 4.4 70,080 63.8 6,465 4.6 70,257 63.8 6,545 4.6 70,270 63.4 6,972 4.9 70,755 63.6 7,064 5.0 70,289 63.3 7,665 5.4 70,301 63.1 8,026 5.6 70,488 63.0 8,259 5.8 70,613 62.6 7,922 5.6 71,699 63.0 7,891 5.5 70,995 62.8 8,111 5.7 71,329 62.8 8,594 6.0 70,922 62.9 8,351 5.8 70,889 TOTAL Civilian noninstitutional population1.......................... 209,699 Civilian labor force.............. 140,863 Participation rate......... 67.2 135,208 Employment-pop64.5 5,665 Unemployed................... Unemployment rate.... 4.0 Not in the labor force....... 68,836 M en , 20 y e a rs a n d o v er Civilian noninstitutional population1.......................... Civilian labor force.............. Participation rate......... Employed........................ Employment-popAgriculture................... Nonagricultural industries.................. Unemployed................... Unemployment rate.... 92,580 93,659 93,541 93,616 93,708 93,810 93,917 94,015 94,077 94,161 94,228 94,262 94,315 94,414 94,479 70,930 76.6 68,580 71,590 76.4 68,587 71,468 76.3 68,698 71,429 76.3 68,535 71,500 76.3 68,610 71,523 76.2 68,388 71,805 76.5 68,696 71,940 76.5 68,486 71,935 76.5 68,204 71,988 76.5 68,276 71,534 75.9 67,818 71,718 76.1 68,157 71,723 76.0 68,013 72,098 76.4 68,193 72,428 76.7 68,647 74.1 73.2 2,102 73.4 73.2 73.2 2,057 2,035 83.1 2,138 72.8 2,132 72.5 2,082 72.5 2,141 72.0 2,207 72.3 2,185 72.1 2,084 72.7 2,168 72.9 2,129 72.2 2,252 2,213 2,125 66,328 2,350 3.3 66,485 3,003 4.2 66,530 2,770 3.9 66,478 2,894 4.1 66,575 2,890 4.0 66,259 3,135 4.4 66,558 3,109 4.3 66,354 3,454 4.8 66,122 3,731 5.2 66,135 3,712 5.2 65,611 3,716 5.2 65,973 3,560 5.0 65,929 3,710 5.2 65,980 3,905 5.4 66,522 3,781 5.2 101,078 102,060 101,938 102,023 102,067 102,165 102,277 102,371 102,550 102,651 102,728 102,847 62,148 60.9 59,596 62,068 60.9 59,716 61,961 60.7 59,555 62,103 60.8 59,640 62,142 60.8 59,526 62,222 60.8 59,463 62,269 60.8 59,302 102,438 62,321 60.8 59,288 102,492 61,565 60.9 59,352 62,481 61.0 59,205 62,056 60.5 59,102 62,703 61.1 59,588 62,320 60.7 59,227 62,724 61.0 59,333 102,936 62,597 60.8 59,337 58.7 818 58.4 82 58.6 816 58.4 772 58.4 784 58.3 781 58.1 823 57.9 842 57.9 852 57.8 859 57.6 824 58.0 829 57.7 804 57.7 732 57.6 760 58,535 2,212 3.6 58,779 2,551 4.1 58,900 2,352 3.8 58,783 2,406 3.9 58,856 2,463 4.0 58,745 2,616 4.2 58,640 2,759 4.4 58,460 2,967 3.8 58,436 3,303 4.9 58,346 3,276 5.2 58,277 2,954 4.8 58,759 3,116 5.0 58,423 3,093 5.0 58,602 3,391 5.4 58,577 3,260 5.2 16,042 8,369 52.2 7,276 16,146 8,077 50.0 6,889 16,046 16,086 8,078 50.2 6,913 16,145 8,048 49.8 6,856 16,161 7,715 47.7 6,494 16,163 8,041 49.7 6,845 16,195 8,071 49.8 6,827 16,252 8,023 49.4 6,761 16,275 7,845 48.2 6,574 16,310 16,293 7,800 47.8 6,548 7,790 47.8 6,575 16,292 7,962 48.9 6,655 16,231 7,909 49.3 6,821 7,748 47.7 6,450 16,243 7,744 47.7 6,434 45.4 235 42.7 225 42.5 209 43.0 215 42.5 236 40.2 216 42.3 220 42.2 229 41.6 220 40.4 246 40.1 241 40.4 233 40.8 239 39.7 209 39.6 213 7,041 1,093 13.1 6,664 1,187 14.7 6,612 1,088 13.8 6,698 1,165 14.4 6,620 1,192 14.8 6,278 1,221 15.8 6,625 1,106 14.9 6,598 1,244 15.4 6,541 1,262 15.7 6,328 1,271 16.2 6,307 1,252 16.1 6,342 1,215 15.6 6,416 1,308 16.4 6,240 1,298 16.8 6,221 1,310 16.9 174,428 175,888 175,653 175,789 175,924 176,069 176,220 176,372 176,500 176,607 176,713 176,783 176,866 176,972 177,087 117,574 67.4 113,475 118,144 67.2 113,220 117,714 67.0 113,185 117,854 67.0 113,037 117,986 67.1 113,237 117,813 66.9 112,703 118,274 67.1 113,147 118,506 67.2 112,878 118,566 67.2 112,652 118,403 67.0 112,388 117,759 66.6 111,876 118,472 67.0 112,632 118,159 66.8 112,286 118,661 67.1 112,426 118,742 67.1 112,563 65.1 4,099 3.5 64.4 64.4 64.4 4,923 4.2 4,541 3.9 4,728 4.0 64.3 4,810 4.1 64.0 5,073 4.3 64.2 5,127 4.3 64.0 5,628 4.7 63.8 5,914 5.0 63.6 6,015 5.1 63.3 5,883 5.0 63.7 5,840 4.9 63.3 5,873 5.0 63.5 6,236 5.3 53.6 6,179 5.2 25,218 25,559 25,501 25,533 25,565 25,604 25,644 25,686 25,720 25,752 25,785 25,813 25,839 25,868 25,898 16,603 65.8 15,334 16,719 65.4 15,270 16,644 65.3 15,311 16,739 65.6 15,330 16,685 65.3 15,337 16,720 65.3 15,210 16,827 65.6 15,339 16,748 65.2 15,144 16,687 64.9 15,040 16,833 65.4 15,122 16,769 65.0 15,119 16,747 64.9 15,131 16,758 64.9 14,969 16,941 65.5 15,045 16,887 65.2 15,168 60.8 1,269 7.6 59.7 1,450 8.7 60.0 1,333 8.0 60.0 1,409 8.4 60.0 1,348 8.1 59.4 1,510 9.0 59.8 1,488 8.8 59.0 1,604 9.6 58.5 1,647 9.9 58.7 1,711 10.2 58.6 1,650 9.8 58.6 1,616 9.6 57.9 1,789 10.7 58.2 1,896 11.2 58.6 1,718 10.2 W o m e n , 20 y ea rs a n d o ver Civilian noninstitutional Civilian labor force.............. Employed........................ Employment-popAgriculture................... Nonagricultural industries.................. Unemployed.................... Unemployment rate.... B o th s e x e s , 1 6 t o 1 9 y e a rs Civilian noninstitutional population1.......................... Civilian labor force.............. Employed........................ Employment-popAgriculture................... Nonagricultural Industries.................. Unemployed................... Unemployment rate.... W h it e Civilian noninstitutional population1.......................... Civilian labor force............. Participation rate......... Employment-popUnemployed................... Unemployment rate.... B la c k Civilian noninstitutional Civilian labor force............. Employment-population ratio2............. Unemployed................... Unemployment rate.... See footnotes at end of table. 76 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 4. Continued—Employment status of the population, by sex, age, race, and Hispanic origin, monthly data seasonally adjusted [Numbers in thousands] Employment status 2002 2001 Annual average 2000 2001 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 22,393 23,122 23,021 23,090 23,157 23,222 23,288 23,351 23,417 23,478 23,542 23,604 23,664 23,732 23,797 15,368 68.6 14,492 15,751 68.1 14,714 15,656 68.0 14,684 15,602 67.6 14,574 15,753 68.0 14,776 15,788 68.0 14,771 15,811 67.9 14,785 15,956 68.3 14,824 15,932 68.0 14,751 16,013 68.2 14,753 15,988 67.9 14,700 16,011 67.8 14,867 15,908 67.2 14,743 16,156 68.1 14,877 16,085 67.6 14,963 64.7 876 5.7 63.6 1,037 6.6 63.8 972 6.2 63.1 1,028 6.6 63.8 977 6.2 63.6 1,017 6.4 63.5 1,026 6.5 63.5 1,132 7.1 63.0 1,181 7.4 62.8 1,260 7.9 62.4 1,288 8.1 63.0 1,143 7.1 62.3 1,165 7.3 62.7 1,279 7.9 62.9 1,122 7.0 Hispanic origin Civilian noninstitutional Employment-pop- UnemDlovment rate.... 1 The population figures are not seasonally adjusted. NOTE: Detail for the above race and Hlspanlc-orlgin groups will not sum to totals 2 Civilian employment as a percent of the civilian noninstitutional population. 5. becausedata for the "other races" groups are not presented and Híspanles are included in both the white and black population groups. Selected employment indicators, monthly data seasonally adjusted [In thousands] Selected categories 2002 2001 Annual average Dec. Jan. Feb. Mar. Apr. May 133,894 71,299 62,595 133,976 71,397 62,579 134,417 71,894 62,524 2000 2001 May June July Aug. Sept. Oct. Nov. Employed, 16 years and over.. Men....................................... Women................................. 135,208 72,293 62,915 135,073 72,080 62,992 135,235 72,131 63,104 135,003 72,012 62,991 145,106 72,093 63,013 134,408 71,705 62,703 135,004 72,177 62,827 134,615 71,871 62,744 134,253 71,570 62,683 134,055 71,577 62,478 133,468 71,114 62,354 134,319 71,457 62,862 Married men, spouse present................................ 43,368 43,243 43,633 43,357 43,264 43,143 43,099 42,983 42,861 42,772 42,823 43,275 43,317 43,167 43,548 33,703 33,552 33,446 33,371 Characteristic Married women, spouse present................................ Women who maintain families................................ Class of worker Agriculture: Wage and salary workers..... Self-employed workers....... Unpaid family workers......... Nonagricultural industries: Wage and salary workers..... Government......................... Private households....... Other............................... Self-employed workers...... Unpaid family workers........ 33,708 33,613 33,692 33,466 33,571 33,685 33,604 33,227 33,330 33,209 33,174 8,387 8,364 8,335 2,513 1,558 8,328 8,274 8,256 8,331 8,458 8,396 8,417 8,320 8,266 8,397 2,034 1,233 38 1,884 1,233 27 1,957 1,208 34 1,803 1,193 32 1,798 ‘ 152 23 1,852 1,239 29 1,882 1,278 24 1,898 1,290 26 1,865 1,276 12 1,879 1,313 27 1,917 1,311 49 1,930 1,293 21 1,825 1,264 29 1,896 1,216 34 1,911 1,156 4 123,128 19,053 104,076 890 103,186 8,674 101 123,235 19,127 104,108 803 103,305 8,594 101 123,530 19,068 10,442 795 103,667 8,540 111 123,069 18,934 104,135 760 103,375 8,720 102 123,204 18,999 104,205 790 103,415 8,568 98 122,685 19,150 103,535 814 102,721 8,503 111 123,186 19,290 103,896 804 103,092 8,556 101 122,710 19,223 103,487 867 102,620 8,505 95 122,507 19,172 103,335 790 102,545 8,507 77 122,196 19,183 103,013 736 102,277 8,524 92 122,145 19,047 103,098 725 102,373 8,213 97 122,770 19,286 103,485 709 102,775 8,257 86 122,545 19,218 103,327 677 102,650 8,200 89 122,366 19,347 103,019 791 102,228 8,234 103 123,071 19,811 103,260 775 102,485 8,305 105 3,190 3,672 3,388 3,649 3,571 3,389 4,148 4,329 4,206 4,267 3,973 4,228 3,997 4,151 3,996 2,115 2,796 2,983 2,796 2,809 2,549 2,755 2,721 2,690 2,626 952 1,064 1,108 1,121 1,161 1,089 1,120 1,021 1,131 1,064 Persons at work part time1 All industries: Part time for economic reasons.............................. Slack work or business 1,927 2,355 2,205 2,276 2,174 944 1,007 921 1,008 1,011 Could only find part-time Part time for noneconomic reasons............................. Nonagricultural industries: Part time for economic reasons.............................. Slack work or business 18,722 18,707 18,634 18,482 18,812 19,011 18,798 18,644 18,587 18,540 18,201 18,395 18,530 18,793 18,887 3,045 3,529 3,231 3,556 3,425 3,246 4,015 4,222 4,017 4,119 3,781 3,998 3,848 4,009 3,818 1,835 2,266 2,101 2,215 2,111 2,025 2,704 2,898 2,679 2,717 2,448 2,615 2,605 2,587 2,515 1,096 1,138 1,068 1,089 1,001 1,122 1,033 18,007 17,960 17,717 17,886 18,004 18,274 16,350 Could only find part-time Part time for noneconomic reasons............................. 924 989 899 990 993 927 1,045 1,082 18,165 18.177 18,097 18,066 18,283 18,485 18,232 18,065 1 Excludes persons "with a job but not at work" during the survey period for such reasons as vacation, Illness, or Industrial disputes. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 77 Current Labor Statistics: Labor Force Data Ó. Selected unemployment indicators, monthly data seasonally adjusted [Unemployment rates] 2000 2002 2001 Annual average Selected categories 2001 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Characteristic Total, 16 years and over.............................. Both sexes, 16 to 19 years...................... Men, 20 years and over........................... Women, 20 years and over..................... 4.0 13.1 3.3 3.6 4.8 14.7 4.2 4.1 4.4 13.8 3.9 3.8 4.6 14.4 4.1 3.9 4.6 14.8 4.0 4.0 4.9 15.8 4.4 4.2 5.0 14.9 4.3 4.4 5.4 15.4 4.8 4.8 5.6 15.7 5.2 4.9 5.8 16.2 5.2 5.2 5.6 16.1 5.2 4.8 5.5 15.6 5.0 5.0 5.7 16.4 5.2 5.0 6.0 16.8 5.4 5.4 5.8 16.9 5.2 5.2 White, total................................................ Both sexes, 16 to 19 years................ Men, 16 to 19 years......................... Women, 16 to 19 years................... Men, 20 years and over..................... Women, 20 years and over................ 3.5 11.4 12.3 10.4 2.8 3.1 4.2 12.7 13.8 11.4 3.7 3.6 3.9 12.0 13.3 10.7 3.4 3.4 4.0 12.7 14.3 11.0 3.6 3.4 4.1 13.2 13.8 12.6 3.5 3.5 4.3 13.8 15.1 12.4 3.8 3.6 4.3 12.7 13.6 11.7 3.8 3.8 4.7 23.1 14.7 11.5 4.4 4.1 5.0 13.5 15.8 11.1 4.7 4.2 5.1 13.7 14.6 12.8 4.6 4.5 5.0 14.2 13.7 14.6 4.7 4.2 4.9 14.0 15.4 12.6 4.4 4.4 5.0 14.5 16.3 12.7 4.5 4.3 5.3 14.0 15.4 12.5 4.8 4.6 5.3 14.8 15.4 14.2 4.8 4.5 Black, total................................................ Both sexes, 16 to 19 years................ Men, 16 to 19 years......................... Women, 16 to 19 years................... Men, 20 years and over..................... Women, 20 years and over................ 7.6 24.7 26.4 23.0 7.0 6.3 8.7 29.0 30.5 27.5 8.0 7.0 8.0 25.7 30.0 21.5 7.6 6.4 8.4 28.0 30.5 25.7 7.8 6.7 8.1 26.6 28.1 25.2 7.9 6.2 9.0 30.1 31.4 28.7 8.8 7.0 8.8 28.5 30.8 26.1 7.8 7.7 9.6 30.2 31.2 29.1 8.2 8.5 9.9 32.1 31.6 32.6 8.7 8.4 10.2 33.4 32.0 34.8 9.1 8.7 9.8 30.7 32.1 29.0 8.9 8.4 9.6 27.9 30.0 25.6 8.7 8.5 10.7 31.0 36.9 44.7 10.1 9.0 11.2 35.4 37.3 33.5 9.3 10.2 10.2 30.2 36.8 22.3 8.6 9.5 5.7 6.6 6.2 6.6 6.2 6.4 6.5 7.1 7.4 7.9 8.1 7.1 7.3 7.9 7.0 2.0 2.7 5.9 3.9 4.8 2.7 3.1 6.6 4.7 5.1 2.6 2.9 6.2 4.3 4.8 2.6 3.0 6.3 4.5 5.2 2.7 2.9 6.3 4.5 5.1 2.8 3.1 6.8 4.8 5.4 2.8 3.3 7.1 5.0 4.6 3.1 3.6 6.8 5.4 5.5 3.3 3.6 8.0 5.6 5.6 3.4 3.7 8.0 5.8 5.6 3.5 3.4 8.9 5.7 5.2 3.4 3.8 8.0 5.7 4.8 3.4 3.7 7.3 5.8 5.2 3.9 3.9 8.6 6.2 5.2 3.6 3.9 8.1 5.9 5.6 4.1 3.9 6.4 3.6 3.4 4.0 3.1 5.0 2.3 3.8 2.1 7.5 5.1 4.7 7.3 5.2 5.3 5.1 4.1 5.6 2.8 4.6 2.2 9.7 4.3 4.9 5.7 4.7 4.8 4.5 3.3 5.1 2.1 4.0 1.8 6.1 4.8 4.9 5.4 4.9 4.9 4.8 3.8 5.6 2.4 4.6 2.6 7.2 4.8 3.3 4.9 5.5 5.4 5.7 3.8 5.2 3.1 4.6 2.8 7.8 5.1 4.8 6.0 5.6 5.9 5.3 3.9 5.4 2.8 5.1 2.7 7.5 5.0 4.2 5.9 5.5 5.6 5.3 3.9 5.7 2.9 4.8 2.2 5.5 5.4 5.9 6.3 5.6 6.0 5.1 5.4 5.8 2.9 5.2 2.1 7.3 5.7 3.8 8.0 6.1 6.6 5.3 5.4 6.0 3.6 5.3 2.1 10.4 5.8 5.9 9.5 6.6 7.2 5.7 5.7 6.3 2.8 4.9 2.1 13.2 6.9 8.7 13.9 7.1 7.8 6.1 7.0 7.1 2.4 5.9 2.4 15.2 6.6 6.4 12.3 7.0 7.6 6.1 6.3 7.2 3.0 5.7 2.5 14.0 6.5 6.4 11.9 7.3 7.5 6.9 5.7 7.2 3.0 5.5 2.3 16.8 6.3 5.6 9.9 7.0 7.3 6.6 5.9 7.0 3.1 5.3 2.1 8.0 6.0 4.3 7.5 6.6 6.3 7.0 5.3 6.8 3.6 5.4 2.4 6.6 6.4 3.5 7.3 4.2 5.8 3.6 6.3 3.7 6.4 4.1 6.6 4.3 7.1 4.0 7.1 4.3 7.9 4.8 9.0 4.8 10.1 6.2 9.7 6.0 9.4 5.9 8.6 5.5 7.4 5.1 2.7 1.7 3.3 2.3 2.8 1.9 3.0 2.3 3.2 2.4 3.4 2.7 3.3 2.5 3.8 2.5 4.0 2.7 4.0 2.8 4.6 3.0 4.5 2.9 4.5 2.7 4.6 2.7 4.5 2.7 Hispanic origin, total............................. Married men, spouse present.............. Married women, spouse present........ Full-time workers................................... Part-time workers............................ ...... Industry Nonagricultural wage and salary Construction.............................................. Manufacturing........................................... Transportation and public utilities......... Wholesale and retail trade..................... Finance, insurance, and real estate...... Services..................................................... Agricultural wage and salary workers....... Educational attainment1 Less than a high school diploma................ High school graduates, no college............ Some college, less than a bachelor’s degree.......................................................... College graduates........................................ 1 Data refer to persons 25 years and over. 7. Duration of unemployment, monthly data seasonally adjusted [Numbers in thousands] Weeks of 78 2000 2001 May Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 1,503 862 641 2,955 2,152 1,798 980 818 2,807 2,366 1,907 1,084 823 3,084 2,522 2,042 1,136 906 3,090 2,573 2,317 1,207 1,110 3,024 2,724 2,410 1,295 1,115 2,978 2,586 2,546 1,418 1,127 2,828 2,515 2,561 1,383 1,178 3,078 2,411 2,688 1,355 1,333 2,793 2,818 2,854 1,360 1,494 2,876 2,531 2,952 1,316 1,636 12.4 6.4 12.9 6.3 12.7 6.7 13.2 6.6 13.3 7.3 13.0 7.4 14.4 7.6 14.5 8.2 14.6 8.8 15.0 8.1 15.4 8.1 16.6 8.9 17.1 9.8 2,833 2,163 1,746 949 787 2,714 2,021 Mean duration, in weeks.................. Median duration, in weeks.............. 12.6 5.9 13.2 6.8 July 2002 July 2,647 2,170 1,630 948 682 2,543 1,803 1,309 665 644 Monthly Labor Review June 2,809 2,098 1,571 843 728 Less than 5 weeks............................ 5 to 14 weeks.................................... 15 weeks and over........................... 15 to 26 weeks............................... 27 weeks and over........................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2002 2001 Annual average unemployment 8. Unemployed persons by reason for unemployment, monthly data seasonally adjusted [Numbers in thousands] 2000 2001 2,492 842 1,650 775 1,957 431 2002 2001 Annual average Reason for unemployment 3,428 1,044 2,379 832 2,029 453 May June 3,132 1,055 2,077 818 1,827 467 3,249 990 2,259 807 1,921 470 July Aug. 3,294 1,020 2,274 791 1,948 442 3,438 1,071 2,367 877 2,162 488 Sept. 3,595 1,114 2,481 819 2,102 466 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 4,297 1,288 3,009 880 2,113 466 4,501 1,157 3,344 848 2,197 497 4,492 1,107 3,385 908 2,361 495 4,354 1,124 3,231 879 2,191 479 4,326 1,106 3,220 877 2,268 485 4,370 1,066 3,204 862 2,471 557 4,525 1,095 3,430 1,017 2,450 519 4,598 1,091 3,506 902 2,433 499 Percent of unemployed 44.1 50.8 50.2 50.4 50.9 49.4 51.5 55.4 56.0 54.4 55.1 54.4 52.3 53.2 54.5 14.9 29.2 13.7 34.6 7.6 15.6 35.3 12.3 30.1 6.7 16.9 33.3 13.1 29.3 7.5 15.4 35.0 12.5 29.8 7.3 15.8 35.1 12.2 30.1 6.8 15.4 34.0 12.6 31.0 7.0 16.0 35.5 11.7 30.1 6.7 16.6 38.8 11.3 27.2 6.0 14.4 41.6 10.5 27.3 6.2 13.4 41.0 11.0 28.6 6.0 14.2 40.9 11.1 27.7 6.1 13.9 40.5 11.0 28.5 6.1 13.1 39.3 10.6 30.3 6.8 12.9 40.3 12.0 28.8 6.1 12.9 41.6 10.7 28.9 5.9 1.8 2.4 2.2 2.3 2.3 2.4 2.5 3.0 3.2 3.2 3.1 3.0 3.0 3.2 3.2 .6 1.4 .3 .6 1.4 .3 .6 1.3 .3 .6 1.4 .3 .6 1.4 .3 .6 1.5 .3 .6 1.5 .3 .6 1.5 .3 .6 1.5 .3 .6 1.7 .3 .6 1.5 .3 .6 1.6 .3 .6 1.7 .4 .7 1.7 .4 .6 1.7 .3 Percent of civilian labor force New entrants..................................... 1 Includes persons who completed temporary jobs. 9. Unemployment rates by sex and age, monthly data seasonally adjusted [Civilian workers] Sex and age 2000 2001 2002 2001 Annual average May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Total, 16 years and over................... 16 to 24 years................................. 16 to 19 years............................. 16 to 17 years.......................... 18 to 19 years.......................... 20 to 24 years............................. 25 years and over.......................... 25 to 54 years.......................... 4.0 9.3 13.1 15.4 11.5 7.1 3.0 3.1 2.6 4.8 10.6 14.7 17.1 13.2 8.3 3,7 3.8 3.0 4.4 10.0 13.8 15.8 12.5 7.9 3.4 3.5 2.6 4.6 10.4 14.4 16.5 13.0 8.2 3.5 3.6 2.8 4.6 10.2 14.8 19.0 12.4 7.7 3.5 3.7 2.9 4.9 11.3 15.8 18.6 14.4 8.9 3.8 3.9 3.1 5.0 10.8 14.9 16.6 13.9 8.6 3.8 3.9 3.2 5.4 11.5 15.4 17.4 14.2 9.3 4.2 4.4 3.4 5.6 11.7 15.7 17.5 14.8 9.5 4.4 4.6 3.5 5.8 11.9 16.2 18.8 14.8 9.6 4.5 4.7 4.0 5.6 11.9 16.1 17.0 15.2 9.7 4.4 4.7 3.5 5.5 11.6 15.6 16.5 14.7 9.5 4.5 4.6 3.8 5.7 12.5 16.4 16.5 15.1 10.3 4.5 4.7 3.5 6.0 12.3 16.8 19.4 15.1 10.0 4.9 5.0 4.0 5.8 11.6 16.9 20.7 14.8 8.9 4.8 5.0 4.2 Men, 16 years and over.................. 3.9 9.7 14.0 16.8 12.2 7.3 2.8 2.9 2.7 4.8 1 i.4 15.9 18.8 14.1 8.9 3.6 3.7 3.3 4.5 11.0 15.4 17.9 13.9 8.7 3.3 3.4 2.9 4.7 11.6 15.8 18.5 14.2 9.3 3.4 3.5 3.0 4.7 10.7 15.6 19.1 13.4 8.1 3.6 3.6 3.1 5.1 12.3 17.4 21.9 15.0 9.5 3.8 3.9 3.3 5.0 1.5 16.0 18.7 14.5 9.1 3.7 3.8 3.3 5.5 12.4 17.2 20.3 15.1 9.8 4.2 4.3 3.7 5.9 13.0 17.7 20.4 16.2 10.5 4.5 4.6 4.1 5.8 12.8 17.2 20.0 15.6 10.5 4.5 4.5 4.2 5.8 12.5 16.3 17.6 15.1 10.6 4.5 4.7 3.8 5.6 12.4 16.8 19.6 15.4 10.2 4.4 4.5 4.1 5.9 13.7 18.5 20.8 16.7 11.1 4.5 4.7 3.6 6.1 13.0 18.1 19.6 17.2 10.3 4.8 4.9 4.3 5.9 12.5 18.6 23.7 15.6 9.4 4.8 4.9 4.5 Women, 16 years and over............ 16 to 24 years.............................. 4.1 8.9 12.1 14.0 10.8 7.0 4.7 9.7 13.4 15.3 12.2 7.5 4.3 8.8 12.1 13.8 11.0 7.0 4.4 9.2 13.0 14.4 11.8 7.0 4.6 9.7 14.0 18.8 11.3 7.3 4.8 10.3 14.1 15.4 13.7 8.2 5.0 10.1 13.6 14.3 13.3 8.1 5.3 10.5 13.6 14.5 13.3 8.7 5.4 10.3 13.7 14.5 13.3 8.3 5.8 11.0 15.1 17.6 14.0 8.7 5.4 11.3 15.8 16.4 15.2 8.7 5.5 10.7 14.3 13.6 13.9 8.7 5.5 11.2 14.3 15.3 13.4 9.4 6.0 11.6 15.4 19.2 12.9 9.6 5.8 10.7 15.2 17.4 14.1 8.3 25 years and over........................ 3.2 3.3 3.7 3.8 3.4 3.6 3.5 3.7 3.5 3.7 3.8 3.9 4.0 4.0 4.2 4.4 4.4 4.7 4.6 4.8 4.3 4.6 4.6 4.7 4.4 4.6 5.0 5.1 4.8 5.1 55 years and over................. 2.6 2.7 2.4 2.6 2.6 2.8 3.2 3.2 2.8 3.7 3.0 3.5 3.4 3.7 3.7 25 years and over........................ 25 to 54 years........................ 55 years and over................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 79 Current Labor Statistics: Labor Force Data 10. Unemployment rates by State, seasonally adjusted Apr. 2001 State Alabama......................................................... Alaska............................................................ Mar. Apr. 2002p 2002p 5.0 6.3 4.2 5.0 5.0 6.0 6.3 5.9 5.3 6.5 5.6 6.6 5.7 5.3 6.5 3.2 2.9 3.5 6.2 4.3 5.6 3.5 3.8 6.7 5.4 Hawaii............................................................. Idaho.............................................................. Illinois.............................................................. 3.8 4.5 4.9 5.2 3.9 Kansas............................................................ Kentucky........................................................ Louisiana....................................................... Arkansas........................................................ California........................................................ Colorado........................................................ Florida............................................................. Apr. 2001 State Missouri Mar. Apr. 2002p 2002p 4.6 4.6 3.1 4.8 3.3 5.2 46 36 58 4.1 5.2 4.6 39 5.5 40 5.3 3.8 4.2 6.4 5.3 40 47 4.5 5 1 30 5 6 5 6 3 6 1 9 6 1 5.6 6.0 6 1 6.9 4.6 4.6 5.5 6.1 4.9 4.6 4.3 5.2 6.4 5.1 4 1 3.4 58 4.6 47 58 4.2 79 5R 5.6 42 4.4 75 5.4 46 3.3 4.2 5.2 5.8 3.9 3.4 4.4 S8 Utah............................... 52 32 43 4.5 4 1 60 5.3 5.6 4.1 3.6 4.5 5.3 5.8 4.0 32 5.7 58 54 34 53 6.2 54 3.9 3.3 4.9 3.7 5.1 5.3 4.3 6.0 4.4 6.6 5.4 4.7 6.1 4.3 7.1 Wyoming........................................................ 3.4 30 60 5.1 45 3.9 3.9 4.2 68 5.9 57 3.9 39 4.6 72 60 54 4.4 36 p = preliminary 11. Employment of workers on nonfarm payrolls by State, seasonally adjusted [In thousands] State Apr. 2001 Mar. 2002p Apr. 2002 State Alabama................... Alaska....................... Arizona..................... Arkansas.................. California.................. 1,919.2 288.3 2,273.8 1,160.0 14,720.7 1,899.9 291.7 2,243.4 1,155.7 14,672.0 1,899.1 290.6 2,243.4 1,152.8 14,667.7 Missouri.......................................... Montana.......................................... Nebraska......................................... Colorado.................. Connecticut.............. Delaware.................. District of Columbia. Florida....................... 2,241.4 1,685.8 421.5 649.5 7,200.4 2,190.1 1,673.3 416.6 649.2 7,178.8 2,195.6 1,673.6 414.6 651.6 7,191.6 New Jersey..................................... New Mexico................................... Georgia.................... Hawaii....................... Idaho......................... Illinois........................ Indiana..................... 3,987.9 555.9 569.9 6,032.4 2,947.3 3,867.7 549.0 568.3 5,922.3 2,910.5 Iowa.......................... Kansas..................... Kentucky.................. Louisiana................. . Maine........................ 1,472.1 1,352.8 1,815.8 1,928.0 608.8 Maryland.................. Massachusetts........ Michigan................... Minnesota................ Mississippi................ 2,464.0 3,350.6 4,602.7 2,689.8 1,134.4 Apr. 2001 2,691.1 393.2 911.8 1,066.3 626.5 2,693.1 394.5 911.0 1,068.6 627.4 North Dakota................................... 4,026.8 756.6 8,645.6 3,897.9 331.0 4,014.6 763.0 8.541.3 3.882.3 330.5 4,010.7 760.9 8,534.5 3,877.2 329.6 3,880.2 544.8 569.8 5,916.3 2,902.6 Ohio................................................. Oklahoma....................................... Oregon............................................. Pennsylvania.................................. Rhode Island.................................. 5,581.5 1,510.7 1,605.9 5,713.8 479.7 5,534.9 1,518.6 1,575.7 5,650.8 480.3 5,520.9 1,520.6 1,576.6 5,645.1 483.3 1,461.3 1,362.1 1,823.0 1,923.3 609.0 1,461.4 1,358.1 1,823.6 1,930.4 609.9 South Carolina............................... South Dakota.................................. Tennessee...................................... Texas............................................... Utah................................................. 1,834.4 379.2 2,715.4 9,550.5 1,083.6 1,827.1 375.4 2,717.2 9,455.7 1,072.4 1,828.6 378.1 2,707.5 9,458.7 1,069.2 2,456.5 3,395.6 4,562.6 2,659.9 1,133.1 2,454.2 3,299.2 4,554.4 2,655.7 1,131.4 Vermont.......................................... Virginia............................................ Washington..................................... West Virginia.................................. Wisconsin....................................... Wyoming......................................... 299.5 3,537.0 1,714.2 737.6 2,834.0 244.4 296.1 3,497.4 2,651.6 736.7 2,816.6 248.9 295.6 3,494.8 2,648.3 734.2 2,821.8 247.2 New Hampshire............................. p = preliminary. 80 Monthly Labor Review Apr. 2002 2,747.6 392.3 908.8 1,056.2 628.1 NOTE: Some data in this table may differ from data published elsewhere because of the continual updating of the data base. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Mar. 2002p July 2002 12. Employment of workers on nonfarm payrolls by industry, monthly data seasonally adjusted [In thousands]______________________________________________________________________________ Industry T O T A L ........................................ P R IV A T E S E C T O R ...................... G O O D S - P R O D U C IN G ...................... M i n i n g '................................................ Metal mining.............................. Oil and gas extraction................ Nonmetallic minerals, except fuels............................. C o n s tr u c tio n ..................................... General building contractors..... Heavy construction, except building.................................... Special trades contractors........ M a n u fa c tu r in g .................................. Production workers.............. D u r a b le g o o d s ............................... Production workers.............. Lumber and wood products.... Furniture and fixtures.............. Stone, clay, and glass products................................. Primary metal industries......... Fabricated metal products...... Industrial machinery and equipment............................. Computer and office equipment........................... Electronic and other electrical equipment............................. Electronic components and accessories.......................... Transportation equipment....... Motor vehicles and equipment............................ Aircraft and parts................... Instruments and related products................................ Miscellaneous manufacturing industries................................ Annual average 2002 2001 2000 2001 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.p Mayp 131,739 111,079 131,922 110,989 132,229 111,375 132,108 111,204 132,045 111,074 131,966 110,968 131,819 110,776 131,414 110,349 131,087 109,987 130,890 109,768 130,871 109,734 130,706 109,544 130,701 109,505 130,680 109,495 130,702 109,496 25,709 543 41 311 24,944 25,147 25,012 24,907 24,261 565 33 339 24,130 568 33 342 564 32 339 560 32 336 23,905 564 32 339 23,870 570 35 342 24,353 566 34 340 23,975 567 35 341 24,675 571 35 343 24,041 566 37 340 24,776 571 35 343 24,511 565 36 338 566 34 340 558 32 334 114 111 111 111 112 111 111 110 110 111 111 111 111 112 112 6,698 1,528 6,685 1,462 6,714 1,465 6,697 1,462 6,680 1,457 6,679 1,461 6,674 1,462 6,643 1,456 6,629 1,454 6,634 1,459 6,615 1,459 6,597 1,458 6,593 1,462 6,541 1,452 6,541 1,454 901 4,269 922 4,300 921 4,328 921 4,314 925 4,298 925 4,293 924 4,288 922 4,265 925 4,250 924 4,251 919 4,237 914 4,225 908 4,223 901 4,188 908 4,179 18,469 12,628 17,695 11,933 17,867 12,065 17,748 11,971 17,657 11,901 17,526 11,797 17,430 11,719 17,302 11,620 17,158 11,513 17,062 11,437 16,947 11,362 16,880 11,305 16,822 11,264 16,800 11,250 16,758 11,245 11,138 7,591 10,636 7,126 10,769 7,230 10,684 7,162 10,606 7,101 10,516 6,026 10,445 6,971 10,343 6,889 10,237 6,809 10,166 6,753 10,070 6,690 10,023 6,653 9,976 6,625 9,976 6,620 9,963 6,619 832 558 786 519 788 529 788 524 786 519 783 513 784 507 777 500 772 495 770 494 771 492 771 491 769 491 767 497 770 494 579 698 1,537 571 656 1,483 574 666 1,493 572 660 1,482 569 665 1,478 568 649 1,471 566 643 1,465 564 637 1,455 561 625 1,438 558 617 1,437 555 607 1,427 551 601 1,425 550 596 1,422 551 598 1,425 549 597 1,428 2,120 2,010 2,049 2,025 2,003 1,976 1,957 1,935 1,909 1,887 1,868 1,855 1,846 1,842 1,826 361 343 353 347 341 336 331 328 325 322 317 315 315 313 308 1,719 1,631 1,672 1642' 1,611 1,586 1,565 1,542 1,520 1,499 1,478 1,459 1,445 1,443 1,437 682 1,849 661 1,760 684 1,771 667 1,765 652 1,763 635 1,760 628 1,750 616 1,729 605 1,720 595 1,709 582 1,680 571 1,682 566 1,674 566 1,671 567 1,675 1,013 465 947 461 952 464 948 464 950 464 945 463 937 463 921 458 921 452 920 449 902 437 913 427 915 419 912 416 914 416 852 830 845 844 842 837 832 829 825 822 818 816 813 811 807 394 380 382 382 380 373 376 375 372 373 374 372 370 371 372 7,331 5,038 7,059 4,808 7,098 4,835 7,064 4,809 7,051 4,800 5,010 4,771 6,985 4,748 6,959 4,731 6,921 4,704 6,896 4,684 6,877 4,672 6,857 4,652 6,846 4,639 6,824 4,630 6,808 4,626 Food and kindred products..... Tobacco products.................... Textile mill products................. Apparel and other textile products................................ Paper and allied products....... Printing and publishing............ Chemicals and allied products. Petroleum and coal products... Rubber and miscellaneous plastics products.................... Leather and leather products.. 1,684 34 528 1,691 34 478 1,691 34 485 1,691 34 478 1,689 34 475 1,685 35 469 1,690 34 464 1,690 34 459 1,690 34 451 1,685 34 448 1,686 34 444 1,686 33 441 1,685 34 440 1,689 33 436 1,687 34 434 633 657 1,547 1,038 127 566 834 1,490 1,022 126 575 636 1,503 1,022 125 566 635 1,494 1,021 126 566 632 1,487 1,024 126 555 630 1,480 1,022 126 551 628 1,471 1,019 126 546 627 1,463 1,018 127 537 626 1,453 1,015 127 537 624 1,444 1,012 126 536 622 1,437 1,008 126 531 621 1,428 1,011 126 527 620 1,419 1,010 126 523 615 1,413 1,008 125 520 612 1,407 1,006 125 1,011 71 958 60 964 61 959 60 959 59 950 58 945 57 939 56 932 56 930 56 928 56 924 56 929 56 927 55 928 55 S E R V IC E -P R O D U C IN G ................... 106,050 106,978 107,082 107,096 107,138 107,190 107,144 106,903 106,734 106,629 106,741 106,665 106,726 106,775 106,832 7,019 4,529 236 7,065 4,497 234 7,131 4,546 235 7,121 4,540 234 7,110 4,535 233 7,088 4,522 233 7,044 4,487 232 6,974 4,427 232 6,907 4,367 232 6,856 4,332 233 6,850 4,343 235 6,837 4,341 234 6,814 4,330 233 6,799 4,330 230 6,793 4,328 228 476 1,856 196 1,281 14 471 480 1,848 192 1,266 15 462 480 1,856 192 1,295 15 473 477 1,855 195 1,291 15 473 484 1,850 196 1,288 15 469 480 1,845 194 1,291 15 463 477 1,841 192 1,268 15 462 478 1,831 193 1,236 15 442 480 1,831 189 1,187 15 433 481 1,827 188 1,159 15 429 481 1,824 188 1,171 15 429 479 1,826 187 1,171 15 429 478 1,819 186 1,172 15 427 476 1,830 190 1,162 15 427 475 1,827 193 1,165 15 425 2,490 1,639 2,570 1,716 2,585 1,732 2,581 1,726 2,575 1,721 2,566 1,714 2,557 1,706 2,547 1,696 2,540 1,689 2,524 1,679 2,507 1,660 2,496 1,652 2,484 1,643 2,469 1,628 2,465 1,626 N o n d u ra b le g o o d s ....................... Production workers.............. T r a n s p o r t a t io n a n d p u b lic u tilitie s ........................................... Transportation........................... Railroad transportation............ Local and interurban passenger transit................... Trucking and warehousing..... Water transportation................ Transportation by air............... Pipelines, except natural gas.. Transportation services......... Communications and public utilities..................................... Communications...................... Electric, gas, and sanitary 851 852 853 855 854 852 851 851 851 845 847 844 841 841 839 W h o le s a le tr a d e ............................... 7,024 6,776 6,794 6,781 6,773 6,762 6,747 6,728 6,693 6,702 6,702 6,689 6,681 6,678 6,681 R e ta il tr a d e ......................................... 23,307 23,522 23,566 23,581 23,577 23,553 23,509 23,470 23,449 23,318 23,396 23,331 23,332 23,345 23,327 1,016 2,837 2,491 1,044 2,897 2,559 1,041 2,916 2,577 1,054 2,917 2,579 1,047 2,911 2,574 1,049 2,901 2,566 1,051 2,902 2,567 1,052 2,888 2,552 1,049 2,877 2,540 1,050 2,853 2,520 1,049 2,856 2,520 1,048 2,892 2,550 1,053 2,901 2,560 1,061 2,915 2,575 1,068 2,897 2,560 Building materials and garden General merchandise stores.... Department stores................... See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 81 Current Labor Statistics: Labor Force Data 12. Continued—Employment of workers on nonfarm payrolls by industry, monthly data seasonally adjusted [In thousands]________________________________________________________________________________________________________________ Industry Annual average 2000 Food stores............................... Automotive dealers and service stations....................... New and used car dealers...... Apparel and accessory stores... Furniture and home furnishings stores...................................... Eating and drinking places....... Miscellaneous retail establishments....................... Finance, insurance, and real estate................................ Depository institutions............ Commercial banks................ Savings institutions............... Nondepository Institutions...... Security and commodity brokers.................................. Holding and other investment Insurance................................... Insurance carriers................... Insurance agents, brokers, Real estate................................ Services1................................... Hotels and other lodging places Personal services...................... Business services...................... Services to buildings............... Personnel supply services...... Help supply services............. Computer and data processing services.............. Auto repair services and parking............................. Miscellaneous repair services.... Motion pictures.......................... Amusement and recreation services.................................. Health services.......................... Offices and clinics of medical doctors................................... Nursing and personal care facilities.................................. Hospitals.................................. Home health care services..... Legal services........................... Educational services................. Social services........................... Child day care services.......... Residential care....................... Museums and botanical and zoological gardens................ Membership organizations....... Engineering and management services.................................. Engineering and architectural services................................. Management and public relations................................ Federal, except Postal Service................................. State.......................................... Education................................ Other State government......... Local.......................................... Education................................ Other local government.......... 2001 June July Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.p M ayp 3,541 3,453 3,448 3,439 3,432 3,438 3,442 3,448 3,430 3,421 3,402 3,392 3,392 3,397 2,412 1,114 1,193 2,425 1,121 1,189 2,421 1,118 1,199 2,425 1,120 1,195 2,426 1,119 1,191 2,438 1,123 1,196 2,434 1,123 1,188 2,426 1,123 1,177 2,434 1,126 1,173 2,438 1,131 1,163 2,436 1,133 1,187 2,430 1,134 1,172 2,426 1,131 1,175 2,429 1,129 1,170 2,434 1,133 1,169 1,134 8,114 1,141 8,256 1,135 8,270 1,135 8,277 1,131 8,304 1,137 8,272 1,141 8,234 1,136 8,239 1,156 8,224 1,156 8,190 1,138 8,238 1,143 8,161 1,143 8,154 1,141 8,152 1,146 8,130 3,080 317 3,131 3,130 3,128 3,128 3,121 3,110 3,086 3,038 3,069 3,083 3,088 3,085 3,086 7,560 3,710 2,029 1,430 253 681 7,712 3,800 2,053 1,434 256 720 7,719 3,807 2,052 1,433 255 713 7,719 3,812 2,059 1,437 256 720 7,718 3,803 2,056 1,434 255 724 7,728 3,809 2,059 1,435 256 728 7,739 3,813 2,061 1,437 258 733 7,743 3,812 2,061 1,439 257 740 7,751 3,821 2,068 1,442 260 747 7,748 3,818 2,070 1,444 261 752 7,748 3,819 2,070 1,450 262 755 7,745 3,812 2,072 1,446 263 754 7,740 3,809 2,074 1,447 264 753 7,743 3,813 2,075 1,446 264 756 7,732 3,813 2,075 1,446 264 756 748 769 785 777 765 763 758 750 745 734 729 726 722 723 723 251 2,346 1,589 257 2,369 1,595 257 2,367 1,596 256 2,369 1,596 258 2,369 1,597 259 2,371 1,599 261 2,375 1,598 261 2,379 1,600 261 2,377 1,597 262 2,372 1,594 259 2,372 1,594 260 2,376 1,593 260 2,375 1,591 259 2,374 1,989 261 2,369 1,583 757 1,504 773 1,544 771 1,545 773 1,538 772 1,546 772 1,548 777 1,551 779 1,552 780 1,553 778 1,558 778 1,557 783 1,557 784 1,556 785 1,556 786 1,550 40,460 832 1,914 1,251 9,858 994 3,887 3,487 40,970 849 1,870 1,269 9,572 1,016 3,446 3,084 41,018 848 1,889 1,267 9,646 1,021 3,519 3,146 40,990 850 1,876 1,271 9,590 1,020 3,457 3,092 40,989 852 1,874 1,272 9,528 1,016 3,400 3,041 41,061 854 1,866 1,273 9,537 1,018 3,412 3,050 41,062 857 1,852 1,274 9,522 1,020 3,383 3,029 40,923 859 1,814 1,272 9,393 1,022 3,249 2,906 40,834 860 1,810 1,266 9,277 1,025 3,126 2,799 40,883 865 1,805 1,284 9,265 1,025 3,107 2,782 10,908 865 1,811 1,290 9,231 1,022 3,080 2,761 40,901 868 1,811 1,282 9,207 1,018 3,070 2,758 40,963 872 1,811 1,289 9,237 121 3,107 2,795 41,025 857 1,796 1,286 9,312 1,027 3,175 2,857 41,093 856 1,789 1,279 9,330 1,023 3,198 2,888 2,095 2,225 2,232 2,237 2,237 2,230 2,233 2,232 2,221 2,219 2,213 2,208 2,198 2,190 2,190 1,248 366 594 1,257 374 583 1,262 374 578 1,259 373 588 1,265 372 585 1,262 374 583 1,261 375 580 1,253 375 575 1,259 375 577 1,259 376 574 1,262 376 581 1,262 379 574 1,260 377 572 1,261 377 574 1,262 375 578 1,728 1,721 1,747 1,724 1,722 1,714 1,700 1,702 1,685 1,680 1,699 1,649 1,635 1,611 1,621 10,197 10,381 10,333 10,365 10,393 10,424 10,452 10,476 10,502 10,530 10,551 10,575 10,602 10,611 10,626 1,924 2,002 1,995 2,003 2,006 2,012 2,016 3,018 2,025 2,029 2,033 3,041 2,046 2,044 2,050 1,795 3,990 643 1,010 2,325 2,903 712 806 1,847 4,096 636 1,037 2,433 307 716 864 1,837 4,072 633 1,036 2,450 3,036 713 857 1,845 4,087 635 1,035 2,434 3,054 719 863 1,848 4,101 634 1,038 2,439 3,076 723 868 1,852 4,117 637 1,041 2,449 3,094 727 873 1,858 4,129 639 1,046 2,452 3,097 722 878 1,862 4,141 639 1,047 2,454 3,110 721 884 1,866 4,153 640 1,049 2,458 3,121 721 888 1,871 4,164 641 1,051 2,463 3,135 723 891 1,876 4,174 643 1,053 2,473 3,149 723 896 1,875 4,134 642 1,054 2,485 3,155 722 899 1,879 4,193 643 1,056 2,489 3,162 723 902 1,883 4,199 643 1,059 2,501 3,167 925 903 1,886 4,207 644 1,066 2,518 3,164 722 901 106 2,475 110 2,468 110 2,466 111 2,471 111 2,464 111 2,473 111 2,479 110 2,474 109 2,473 110 2,473 110 2,471 109 2,471 109 2,470 109 2,477 108 2,480 3,419 3,593 3,582 3,595 3,604 3,612 3,610 3,616 3,620 3,621 3,624 3,629 3,631 3,636 3,649 1,017 1,053 1,054 1,056 1,057 1,058 1,057 1,056 1,051 1,048 1,047 1,044 1,044 1,041 1,042 1,090 1,166 1,160 1,165 1,166 1,171 1,175 1,178 1,182 1,184 1,192 1,193 1,191 1,202 1,209 20,681 2,777 20,933 2,616 20,854 2,612 20,904 2,617 20,971 2,622 20,998 2,624 21,043 2,622 21,065 2,622 21,100 2,622 21,122 2,616 21,137 2,615 21,162 2,609 21,196 2,608 21,185 2,611 21,206 2,600 1,917 4,785 2,032 2,753 13,119 7,440 5,679 1,767 4,885 2,096 2,789 13,432 7,646 5,786 1,755 4,866 2,081 2,785 13,376 7,607 5,769 1,769 4,884 2,096 2,788 13,376 7,621 5,782 1,770 4,912 2,120 2,792 13,403 7,644 5,793 1,771 4,910 2,116 2,794 13,437 7,668 5,796 1,774 4,938 2,140 2,798 13,464 7,679 5,804 1,778 4,925 2,118 2,807 13,483 7,693 5,825 1,776 4,925 2,121 2,804 13,518 7,710 5,849 1,776 4,932 2,124 2,808 13,559 7,723 5,852 1,776 4,935 2,127 2,808 13,575 7,732 5,861 1,777 4,937 2,130 2,807 13,593 7,746 5,871 1,782 4,940 2,133 2,807 13,617 7,767 5,878 1,784 4,942 2,135 2,807 13,645 7,754 5,879 1,777 4,945 2,141 2,804 13,661 7,770 5,891 1 Includes other industries not shown separately. 82 Aug. 3,521 p = preliminary. Note : See "Notes on the data" for a description of the most recent benchmark revision. Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2002 2001 May July 2002 13. Average weekly hours of production or nonsupervisory workers on private nonfarm payrolls, by industry, monthly data seasonally adjusted Industry 2000 P R IV A T E S E C T O R ......................................... 2001 2002 2001 Annual average May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.p Mayp 34.5 34.2 34.2 34.2 34.2 34.1 34.1 34.0 34.1 34.1 34.1 34.2 34.2 34.2 34.2 40.4 40.3 40.3 40.1 40.2 40.2 40.3 40.4 40.5 40.4 40.3 41.0 40.4 40.5 40.4 M I N I N G ...................................................................... 43.1 43.5 43.8 43.5 43.4 43.5 43.6 43.0 43.5 43.8 43.0 43.4 43.3 42.4 43.0 M A N U F A C T U R I N G ............................................ 41.6 4.6 40.7 3.9 40.8 3.9 40.7 3.9 40.8 3.9 40.7 4.0 40.6 3.9 40.5 3.8 40.4 3.8 40.8 3.8 40.6 3.9 40.7 3.9 41.0 4.1 40.9 4.2 40.9 4.2 42.1 4.7 41.0 40.0 43.1 44.9 41.0 3.9 40.6 39.0 43.6 43.6 41.1 3.9 40.6 38.7 43.8 43.5 41.0 3.9 40.5 38.5 43.9 43.7 41.1 3.9 40.9 39.7 43.8 43.8 41.0 3.9 40.8 39.7 43.7 43.6 40.9 3.8 41.2 39.1 43.9 43.7 40.7 3.7 30.7 38.6 43.6 43.4 40.6 3.7 40.7 38.8 43.6 43.0 40.9 3.8 41.0 39.2 43.4 43.7 41.0 3.9 40.5 40.1 43.8 43.6 41.1 3.9 40.9 40.3 44.1 43.8 41.3 4.1 41.1 40.6 43.6 44.4 41.4 4.1 40.8 40.8 43.8 44.3 41.3 4.1 40.8 40.4 43.4 44.1 46.0 42.6 44.6 41.4 44.5 41.5 44.8 41.3 44.6 41.5 44.6 41.4 45.3 41.2 44.5 41.1 43.9 41.0 44.4 41.3 44.5 41.3 44.8 41.6 45.5 41.7 45.1 41.6 45.6 41.9 42.2 40.6 40.8 40.5 40.6 40.3 40.3 40.2 39.9 40.1 40.1 40.1 40.5 40.6 40.7 41.1 43.4 44.4 41.3 39.0 39.4 41.9 42.7 40.9 37.9 39.2 42.3 43.2 41.0 37.9 39.3 42.0 42.9 40.9 38.3 39.1 42.1 42.9 40.8 38.2 39.1 42.2 43.6 40.6 38.1 39.1 41.5 42.4 41.1 37.7 39.0 41.5 42.4 40.7 37.3 39.0 41.6 42.5 40.6 37.4 39.4 41.9 43.2 40.6 38.0 38.7 42.7 44.3 40.5 38.2 38.9 42.3 43.7 40.4 38.4 39.4 42.4 43.9 40.6 38.8 39.5 42.6 44.4 40.4 38.8 39.4 42.3 44.2 40.4 38.8 40.8 4.4 41.7 41.2 37.8 42.5 40.3 4.0 41.1 39.9 37.3 41.6 40.3 3.9 41.1 40.2 37.7 41.6 40.3 4.0 41.1 40.1 37.4 41.7 40.3 4.0 40.9 39.7 37.4 41.8 40.2 4.1 41.1 39.8 37.1 41.3 40.2 4.1 41.0 39.8 36.9 41.7 40.1 4.0 41.2 39.4 36.6 41.4 40.1 3.9 41.0 39.3 36.9 41.3 40.1 3.9 40.9 40.0 36.9 41.3 40.0 4.0 41.0 40.2 36.7 41.1 40.2 3.9 41.0 40.9 36.7 41.5 40.4 4.2 41.4 41.4 37.4 41.5 40.3 4.3 41.2 41.5 37.1 41.6 40.4 4.3 41.2 41.4 37.0 41.9 G O O D S - P R O D U C I N G ........................................ Overtime hours..................................... Overtime hours.................................... Lumber and wood products................. Furniture and fixtures............................ Stone, clay, and glass products.......... Primary metal industries....................... Blast furnaces and basic steel products.............................................. Industrial machinery and equipment... Electronic and other electrical equipment............................................ Transportation equipment.................... Motor vehicles and equipment.......... Instruments and related products....... Miscellaneous manufacturing............. N o n d u r a b l e g o o d s .......................................... Overtime hours.................................... Food and kindred products.................. Textile mill products.............................. Apparel and other textile products...... Paper and allied products.................... Printing and publishing......................... Chemicals and allied products............ Rubber and miscellaneous plastics products.................................. Leather and leather products............. 38.3 42.5 38.1 42.3 38.1 42.4 38.0 42.2 38.3 42.5 38.0 42.2 38.0 42.1 37.9 42.0 37.8 41.9 37.8 41.9 37.3 41.9 37.4 41.9 37.5 42.0 37.2 41.8 37.5 42.3 41.4 37.5 40.7 36.3 40.6 36.1 40.7 36.3 40.7 36.0 40.6 36.3 40.8 36.4 40.5 36.2 40.7 36.6 40.8 36.9 40.5 37.0 40.9 37.2 41.1 37.3 41.6 37.5 41.2 36.7 S E R V I C E - P R O D U C IN G ...................................... 32.8 32.7 32.7 32.7 32.7 32.7 32.7 32.6 32.6 32.7 32.7 32.7 32.8 32.7 32.8 38.6 38.2 38.2 38.2 38.1 38.1 37.9 38.0 38.9 38.2 38.1 38.2 38.2 38.3 38.4 38.3 38.4 38.3 38.3 29.0 29.1 29.0 29.1 T R A N S P O R T A T IO N A N D P U B L IC U T I L I T I E S ........................................ W H O L E S A L E T R A D E ...................................... R E T A IL T R A D E ................................................... 38.5 28.9 38.2 28.9 38.3 28.8 38.2 28.8 38.2 28.8 38.3 28.8 38.3 28.8 38.0 38.2 38.3 38.2 28.8 28.8 28.9 28.9 p = preliminary. NOTE: See "Notes on the data" for a description of the most recent benchmark revision. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 83 Current Labor Statistics: Labor Force Data 14. Average hourly earnings o f production or nonsupervisory workers on private nonfarm payrolls, by industry, seasonally adjusted Annual average Industry 2001 2002 2000 2001 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.p Mayp $13.75 $14.32 $14.24 $14.29 $14.33 $14.38 $14.43 $14.46 $14.52 $14.56 $14.59 $14.62 $14.65 $14.68 $14.70 G o o d s - p r o d u c i n g ........................................... 15.40 15.92 15.85 15.89 15.92 15.99 16.02 16.05 16.11 16.18 16.24 16.28 16.29 16.32 16.35 Mining...................................................... 17.24 17.56 17.49 17.62 17.63 17.62 17.62 17,70 17.68 17.51 17.69 17.66 17.72 17.63 17.87 Construction............................................ 17.88 18.34 18.23 18.30 18.29 18.37 18.39 18.40 18.47 18.60 18.65 18.68 18.74 18.83 18.77 Manufacturing........................................ 14.38 14.83 14.78 14.81 14.86 14.91 14.95 14.99 15.03 15.08 15.13 15.17 15.19 15.19 15.27 Excluding overtime............................ 13.62 14.15 14.09 14.13 14.19 14.22 14.28 14.31 14.36 14.39 14.42 14.46 14.45 14.43 14.53 14.18 14.21 14.24 P R IV A T E S E C T O R (in c u r r e n t d o lla r s ).. S e r v i c e - p r o d u c i n g .......................................... 13.24 13.85 13.76 13.82 13.86 13.91 13.97 14.00 14.06 14.10 14.11 14.14 Transportation and public utilities....... 16.22 16.79 16.71 16.77 16.81 16.81 16.87 16.96 17.03 17.09 17.13 17.16 17.26 17.26 17.31 Wholesale trade..................................... 15.20 15.86 15.75 15.89 15.87 15.88 15.99 15.97 15.98 16.07 16.10 16.19 16.23 16.11 16.12 Retail trade............................................. 9.46 9.77 9.69 9.75 9.77 9.79 9.81 9.84 9.90 9.89 9.90 9.92 9.95 9.97 9.99 Finance, insurance, and real estate.... 15.07 15.80 15.71 15.78 15.85 15.88 15.93 15.97 16.00 16.00 16.06 16.08 16.14 16.18 16.17 Services................................................... 13.91 14.67 14.56 14.61 14.68 14.76 14.83 14.88 14.94 14.98 15.01 15.04 15.08 15.13 15.16 7.86 8.00 7.93 7.94 7.99 8.02 8.01 8.06 8.10 8.14 8.14 8.14 8.13 8.10 8.12 P R IV A T E S E C T O R (in c o n s t a n t (1 9 8 2 ) d o l l a r s ) ................................................................... p = preliminary. Dash indicates data not available. No t e : See "Notes on the data" for a description of the most recent benchmark revision. 84 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 15. Average hourly earnings of production or nonsupervisory workers on private nonfarm payrolls, by industry 2000 2001 2002 2001 Annual average Industry May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.p $14.62 $14.65 $14.67 $14.67 $14.69 $14.67 Mayp PRIVATE SECTOR..................................... $13.76 $14.21 $14.20 $14.26 $14.26 $14.50 $14.49 $14.54 MINING.......................................................... 17.22 17.56 17.42 17.53 17.61 17.47 17.61 17.72 17.61 17.58 17.89 17.76 17.73 17.70 17.74 CONSTRUCTION......................................... 17.88 18.34 18.18 18.22 18.33 18.44 18.51 18.57 18.54 18.69 18.56 18.62 18.66 18.70 18.67 15.15 15.16 15.16 15.20 15.23 $14.32 MANUFACTURING..................................... 14.37 14.83 14.75 14.79 14.84 14.89 15.01 14.97 15.07 15.17 Durable goods........................................... Lumber and wood products................. Furniture and fixtures............................ Stone, clay, and glass products.......... Primary metal industries...................... Blast furnaces and basic steel products.............................................. Fabricated metal products................... 14.82 11.94 11.74 14.53 16.41 15.28 12.26 12.24 15.00 16.92 15.19 12.16 12.13 15.01 16.78 15.24 12.19 12.19 15.11 16.93 15.26 12.32 12.27 15.10 17.07 15.38 12.37 12.33 15.16 17.02 15.49 12.44 12.39 15.21 17.23 15.46 12.37 12.42 15.09 17.08 15.55 12.40 12.45 15.13 17.24 15.66 12.42 12.56 15.10 17.19 15.61 12.38 12.61 15.12 17.15 15.63 12.39 12.59 15.17 17.15 15.63 12.35 12.57 15.12 17.20 15.66 12.33 12.54 15.35 17.25 15.68 12.43 12.59 15.43 17.36 19.82 13.87 20.41 14.25 20.26 14.22 20.39 14.25 20.48 14.26 20.62 14.34 20.90 14.42 20.52 14.33 20.66 14.42 20.53 14.56 20.53 14.57 20.63 14.51 20.66 14.60 20.69 14.66 20.81 14.64 Industrial machinery and equipment... Electronic and other electrical equipment............................................ Transportation equipment.................... Motor vehicles and equipment.......... Instruments and related products....... 15.55 15.89 15.76 15.79 15.88 15.93 16.01 16.07 16.16 16.23 16.31 16.33 16.31 16.30 16.35 13.79 18.46 18.80 14.41 11.63 14.51 19.06 19.40 14.81 12.16 14.36 18.88 19.23 14.67 12.11 14.49 18.96 19.31 14.74 12.07 14.56 18.85 19.09 14.91 12.12 14.70 19.13 19.43 14.93 12.23 14.82 19.36 19.73 15.00 12.38 14.78 19.41 19.83 14.97 12.24 14.88 19.54 19.96 14.98 12.35 14.97 19.71 20.19 15.09 12.39 14.86 19.57 19.99 15.09 12.46 14.90 19.69 20.05 15.10 12.42 14.93 19.65 20.09 15.12 12.39 14.87 19.68 20.22 15.11 12.36 14.91 19.65 20.17 15.11 12.37 Nondurable goods................................... Food and kindred products.................. 13.68 12.51 21.34 11.16 9.29 16.25 14.16 12.89 21.50 11.35 9.43 16.87 14.06 12.85 22.39 11.30 9.36 16.72 14.11 12.89 22.59 11.32 9.42 16.89 14.21 12.95 22.97 11.37 9.38 16.98 14.16 12.89 20.97 11.39 9.41 16.87 14.30 12.97 20.71 11.40 9.54 17.11 14.26 12.89 20.71 11.34 9.44 17.14 14.36 13.10 21.46 11.40 9.49 17.19 14.45 13.17 31.37 11.53 9.60 17.26 14.47 13.14 21.21 11.66 9.72 17.19 14.47 13.08 21.71 11.64 9.77 17.17 14.46 13.10 22.47 11.65 9.82 17.25 14.53 13.18 22.80 11.65 9.93 17.33 14.55 13.25 23.09 11.73 9.93 17.51 14.40 18.15 21.99 14.82 18.61 22.08 14.76 18.52 21.81 14.75 18.55 21.77 14.84 18.68 22.01 14.88 18.54 22.19 15.01 18.85 22.24 14.93 18.74 22.23 14.91 18.83 22.38 15.04 18.88 22.19 15.01 18.87 22.10 15.06 18.95 22.45 15.12 18.93 22.39 15.11 19.01 22.39 15.05 18.96 22.02 12.85 10.17 13.39 10.31 13.29 10.24 13.29 10.27 13.37 10.24 13.43 10.33 13.50 10.24 13.53 10.24 13.57 10.20 13.69 10.29 13.71 10.31 13.65 10.35 13.61 10.40 13.68 10.39 13.69 10.43 PUBLIC UTILITIES.................................. 16.21 16.79 16.65 16.69 16L.81 16.78 16.91 16.98 17.05 17.11 17.18 17.18 17.24 17.31 17.24 WHOLESALE TRADE................................ 15.22 15.86 15.71 15.81 15.92 15.80 16.08 15.95 15.96 16.21 16.11 16.21 16.13 16.11 16.08 RETAIL TRADE........................................... 9.46 9.77 9.67 9.70 9.70 9.71 9.86 9.87 9.91 9.89 9.96 9.95 9.98 10.00 9.98 15.14 15,80 15.72 15.68 15.82 15.77 15.96 15.91 15.97 16.14 16.07 16.13 16.17 16.23 16.26 14.45 14.52 14.52 14.85 14.87 14.99 15.15 15.14 15.17 15.16 15.16 15.12 Textile mill products.............................. Apparel and other textile products...... Paper and allied products.................... Printing and publishing......................... Chemicals and allied products............ Petroleum and coal products............... Rubber and miscellaneous plastics products.................................. Leather and leather products............. TRANSPORTATION AND FINANCE, INSURANCE, AND REAL ESTATE............................... SERVICES.................................................... 13.93 14.67 14.52 0 = preliminary. No t e : See "Notes on the data” for a description of the most recent benchmark revision. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 85 Current Labor Statistics: Labor Force Data 16. Average weekly earnings of production or nonsupervisory workers on private nonfarm payrolls, by industry Industry Annual average 2001 2002 2000 2001 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.p Mayp PRIVATE SECTOR Current dollars............................ Seasonally adjusted.............. Constant (1982) dollars........... $474.38 272.16 $489.74 273.45 $484.56 487.01 269.20 $488.48 488.72 271.08 $494.82 490.09 275,82 $491.97 490.36 274.23 $498.80 492.06 276.50 $492.66 491.64 274.31 $494.36 495.13 275.72 $502.93 496.50 281.91 $492.24 497.52 275.46 $497.31 500.00 277.36 $497.31 501.03 275.82 $497.99 502.06 274.53 $500,25 502.74 275.77 MINING........................................... 743.04 763.86 768.22 767.81 769.56 761.69 774.84 772.59 .764.27 771.76 754.96 761.90 757.07 750.48. 766.37 CONSTRUCTION........................... 702.68 720.76 730.84 730.62 740.53 741.29 738.55 737.23 724.91 719.57 714.56 716.87 716.54 723.69 728.13 MANUFACTURING Current dollars........................... Constant (1982) dollars............ 598.21 343.21 603.58 337.01 600.33 333.52 603.43 334.87 599.54 334.19 609.00 338.46 616.91 341.97 607.78 338.41 613.35 342.08 625.00 350.34 612.06 342.51 610.95 340.74 620.04 343.89 620.16 341.87 622.91 343.39 Durable goods............................... 623.92 626.48 624.31 626.36 619.56 632.31 636.00 651.46 636.89 637.70 489.13 469.20 497.76 477.36 497.34 463.37 498.57 471.75 502.66 483.44 633.66 509.64 494.43 639.74 Lumber and wood products..... Furniture and fixtures............... Stone, clay, and glass products................................. Primary metal industries.......... Blast furnaces and basic steel products........................ Fabricated metal products....... Industrial machinery and equipment............................. Electronic and other electrical equipment.............................. Transportation equipment........ Motor vehicles and equipment............................ Instruments and related products................................. Miscellaneous manufacturing.... 517.50 491.88 507.17 481.90 507.16 485.55 507.98 501.14 493.96 504.40 495.60 501.08 645.52 646.76 649.15 503.88 504.30 510.87 509.09 506 31/50 504 43/50 626.24 737.26 654.00 737.71 664.94 729.93 670.88 741.53 668.93 739.13 676.14 740.37 685.97 763.29 666.98 739.56 662.69 748.22 649.30 763.24 645.62 746.03 646.24 746.03 645.62 758.52 667.73 762.45 675.83 767.31 911.72 590.86 910.29 589.95 899.54 588.71 919.59 589.85 919.55 581.81 919.65 595.11 959.31 598.43 906.98 591.83 915.24 596.99 909.48 614.43 907.43 600.28 915.97 597.81 933.83 607.36 937.26 606.92 951.02 611.95 656.21 645.13 643.01 639.50 639.96 638.79 646.80 646.01 648.02 667.49 657.29 658.10 663.82 660.15 665.45 567.18 800.73 571.69 798.61 560.04 806.18 569.46 802.01 559.10 767.20 576.24 816.85 583.91 811.18 580.85 809.40 587.76 818.73 603.29 841.62 573.60 827.81 576.63 825.01 588.24 835.13 581.42 844.27 582.98 842.99 834.28 828.38 842.27 841.92 782.69 860.75 846.42 844.76 856.28 892.40 871.56 868.17 883.96 907.88 905.63 595.96 453.57 605.73 460.86 600.00 458.97 599.92 463.49 UUHIIIItttt 459.35 604.67 468.41 618.00 467.96 607.78 457.78 611.18 461.89 623.22 477.02 612.65 469.74 611.55 473.20 616.90 483.21 607.42 479.57 607.42 479.96 Nondurable goods...................... 558.55 568.63 569.82 588.12 575.91 574.46 581.29 529.78 923.93 457.33 529.66 914.21 444.57 546.04 836.68 458.28 574.68 538.80 834.61 445.66 580.14 523.00 870.97 454.26 572.06 536.22 832.51 456.74 582.01 521.25 877.90 459.79 570.65 529.78 851.40 452.87 563.81 Food and kindred products...... Tobacco products..................... Textile mill products................. Apparel and other textile products................................. Paper and allied products......... 544.96 862.69 450.30 546.56 880.44 465.87 533.48 854.76 465.23 523.20 881.43 471.41 533.17 912.28 483.48 582.65 533.79 932.52 485.81 543.25 962.85 486.80 351.54 690.63 351.74 701.79 355.68 690.54 356.08 702.62 348.94 708.07 349.11 695.04 350.12 722.04 344.56 714.74 351.13 718.54 358.08 724.92 350.89 709.95 357.58 705.69 368.25 713.43 369.40 717.46 369.40 728.42 Printing and publishing............. Chemicals and allied products.. Petroleum and coal products.... Rubber and miscellaneous plastics products..................... Leather and leather products.... 551.52 771.38 932.80 564.64 787.20 945.02 556.45 783.40 911.66 557.55 782.81 933.93 563.92 790.16 953.03 568.42 780.53 954.17 577.89 797.36 954.10 568.83 787.08 926.99 572.54 793.74 939.96 576.02 800.51 934.20 555.37 790.65 932.78 558.73 790.22 938.41 568.51 793.17 920.23 560.58 794.62 900.23 559.86 800.11 887.41 531.99 381.75 544.97 374.25 539.57 370.69 543.56 377.94 534.80 361.47 543.92 379.11 556.20 376.83 549.32 372.74 553.66 376.38 568.14 380.73 555.26 378.38 556.92 380.88 559.37 386.88 564.98 388.59 564.03 382.78 TRANSPORTATION AND PUBLIC UTILITIES...................... 626.09 641.38 634.37 640.90 650.55 644.35 645.96 645.24 646.20 660.45 647.69 751.12 655.12 657.78 660.29 WHOLESALE TRADE.................... 585.20 605.85 ####### 603.94 612.92 605.14 620.69 606.10 611.27 627.33 608.96 615.98 614.55 615.40 615.86 RETAIL TRADE.............................. 273.39 282.35 277.53 283.24 288.09 285.47 284.95 282.28 282.44 289.78 279.88 284.57 286.43 287.00 289.42 586.37 FINANCE, INSURANCE, AND REAL ESTATE.................... 547.04 570.38 559.63 567.62 579.01 567.72 585.73 569.58 573.32 592.34 575.31 582.29 580.50 581.03 577.63 SERVICES...................................... 454.86 479.71 471.90 473.96 480.61 477.71 487.08 483.28 487.18 498.44 487.51 493.03 492.70 491.18 489.89 p= preliminary. Note : See "Notes on the data" for a description of the most recent benchmark revision. Dash indicates data not available. 86 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 17. Diffusion indexes of employment change, seasonally adjusted [In percent] Timespan and year Jan. Feb. Mar. Apr. May June Aug. July Sept. Oct. Nov Dec. Private nonfarm payrolls, 356 industries Over 1-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 62.4 55.3 55.9 49.4 47.3 57.5 58.6 57.5 45.7 41.4 59.1 53.6 57.9 50.3 49.7 60.2 58.4 51.2 42.4 49.7 57.5 55.5 50.1 47.3 50.6 56.8 57.8 55.8 43.2 _ 54.6 57.1 57.8 44.5 _ 59.1 54.8 51.4 42.5 _ 57.2 57.1 52.4 42.4 - 53.0 57.2 52.4 40.5 _ 57.9 60.4 53.2 39.3 _ 56.8 58.1 52.7 44.1 _ Over 3-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 65.3 59.2 60.4 45.5 40.1 66.3 57.6 61.4 46.1 43.2 65.3 59.5 59.4 40.8 43.9 65.9 55.2 53.2 43.4 43.9 62.7 60.2 52.4 37.8 58.2 57.2 55.5 43.2 58.9 59.4 56.6 39.3 59.1 59.2 56.2 38.0 59.8 59.7 51.2 35.3 _ 57.9 58.9 51.0 33.7 _ 57.1 61.2 53.2 36.3 _ 58.8 60.7 51.6 38.9 _ 70.4 67.4 59.8 60.6 50.6 65.0 58.2 62.6 48.6 62.5 60.3 63.7 45.3 63.6 56.7 61.5 44.1 60.5 59.2 55.5 38.5 59.2 61.8 56.1 37.1 58.6 60.8 58.6 35.6 57.5 62.7 52.4 34.3 _ 60.2 61.8 48.7 33.1 _ 59.2 61.2 45.7 34.1 _ 58.4 62.8 46.5 35.6 _ 67.6 60.2 63.0 47.7 67.4 58.2 61.8 45.0 66.0 60.8 59.5 43.1 64.0 60.8 58.4 40.5 62.7 61.6 56.8 39.8 61.9 62.2 55.7 38.4 62.0 61.3 56.5 36.8 - 60.8 63.8 47.7 34.4 - 59.4 62.2 45.2 34.3 - 60.8 59.7 44.5 32.9 - 58.9 60.5 42.9 _ Over 6-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. Over 12-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 59.8 63.5 52.0 37.8 69.7 61.2 62.5 49.6 - Manufacturing payrolls, 139 industries Over 1-month span: 1998 ............................................... 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 57.0 47.4 44.9 34.9 35.3 52.6 41.2 52.2 26.8 37.9 52.2 42.6 49.3 38.2 40.4 52.9 46,0 46.0 29.0 47.1 44.9 46.3 49.3 28.3 46.7 47.4 43.4 50.7 30.5 38.2 50.0 57.4 34.9 52.9 42.6 36.8 25.7 44.9 46.0 39.0 31.6 _ 38.6 45.6 42.3 31.3 _ 42.3 51.5 47.1 25.0 _ 41.5 49.3 40.8 30.9 _ Over 3-month span: 1998.................................................. 1999 ................................................. 2000.................................................. 2001.................................................. 2002.................................................. 59.2 39.3 48.2 21.3 24.6 57.0 39.3 48.9 21.3 30.1 54.8 39.7 48.9 18.4 37.9 51.8 40.1 44.5 23.5 39.7 48.2 41.2 46.7 19.9 38.2 43.8 52.2 23.2 41.9 44.1 46.0 17.3 43.0 46.3 38.6 19.1 43.0 42.3 29.0 16.2 38.2 44.1 34.2 18.0 _ 32.7 47.8 39.0 18.4 _ 40.4 45.2 36.0 18.0 _ Over 6-month span: 1998.................................................. 1999.................................................. 2000.................................................. 2001.................................................. 2002.................................................. 60.7 36.4 47.6 20.2 20.2 54.4 36.0 45.2 49.3 37.5 44.5 14.0 40.1 40.4 50.0 16.2 45.2 37.5 41.9 16.5 39.0 43.0 36.0 14.7 39.0 43.0 36.0 14.7 38.2 44.5 35.3 11.8 34.6 48.2 32.4 14.0 41.2 43.0 26.1 13.2 _ 35.7 44.5 21.3 17.6 _ 33.1 47.4 21.7 16.5 _ 54.8 38.5 49.3 13.6 52.2 34.6 44.1 13.6 51.8 32.4 41.2 14.7 46.7 36.0 36.8 15.4 40.4 37.9 35.3 12.1 38.2 44.5 35.3 11.8 38.2 40.1 33.8 11.0 37.5 40.4 28.7 11.0 36.4 44.5 22.1 12.9 34.6 44.5 19.1 13.6 35.7 43.4 17.6 13.6 34.2 44.5 14.0 _ - - Over 12-month span: 1998................................................. 1999................................................. 2000................................................. 2001................................................. 2002................................................. 16.9 26.1 _ _ _ _ _ ~ Dash indicates data not available. NOTE: Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with inceasing and decreasing employment. Data for the 2 most recent months shown in each span are preliminary. See the "Definitions" in this section. See "Notes on the data" for a description of the most recent benchmark revision. Monthly Labor Review July 2002 87 Current Labor Statistics: 18. Labor Force Data Establishment size and employment covered under III, private ownership, by major industry division, first quarter 2000 S iz e o f e s t a b lis h m e n ts In d u s t r y , e s t a b lis h m e n ts , a n d T o ta l e m p lo y m e n t F e w e r th a n 5 to 9 1 0 t o 19 2 0 to 4 9 5 0 to 99 100 to 249 5 w o rk e rs ' w o rk e rs w o rke rs w o rk e rs w o rk e rs w o rk e rs 2 5 0 to 4 9 9 w o rk e rs 5 0 0 to 9 9 9 w o rk e rs 1 ,0 0 0 o r m o re w o rke rs T o t a l, a ll in d u s t r ie s 2 Establishments, first quarter .................. Employment, March ................................ 7,531,330 108,195,174 4,413,181 6,831,146 1,302,488 8,615,974 850,411 11,471,927 590,662 17,878,154 206,415 14,212,796 119,172 17,895,603 31,311 10,658,780 11,713 7,965,372 5,977 12,665,422 200,289 1,702,493 123,880 179,158 37,646 248,989 22,736 302,599 11,179 326,510 2,875 196,681 1,473 216,628 370 126,181 106 69,476 24 36,271 27,284 524,514 14,102 22,082 4,323 28,959 3,728 51,183 3,202 97,241 1,023 69,762 591 89,714 214 74,836 76 52,916 25 37,821 747,563 6,310,456 477,549 703,310 126,844 831,405 76,253 1,024,819 46,543 1,389,870 13,242 898,785 5,748 846,893 1,053 347,400 272 182,357 59 85,617 405,838 18,433,795 147,029 251,154 67,385 453,397 61,150 842,691 61,487 1,922,360 30,568 2,144,676 24,264 3,739,308 8,646 2,977,743 3,598 2,446,323 1,711 3,656,143 315,413 6,678,516 174,645 272,380 49,173 325,334 36,475 498,572 30,720 945,800 12,952 895,012 7,913 1,190,459 2,127 726,615 892 618,630 516 1,205,714 664,094 6,947,770 400,335 621,924 110,091 729,753 77,321 1,046,983 52,153 1,565,359 15,187 1,035,060 7,019 1,035,170 1,478 496,350 414 274,988 96 142,183 1,458,626 22,807,395 623,529 1,154,942 329,260 2,204,569 235,941 3,190,042 179,053 5,437,335 57,988 3,943,391 26,380 3,880,016 4,982 1,659,975 1,169 764,056 324 573,069 671,294 7,379,831 438,402 714,292 114,349 751,197 62,141 826,817 35,549 1,065,116 11,618 797,168 6,025 912,396 1,799 621,570 898 615,246 513 1,076,029 2,890,313 37,110,557 1,879,338 2,772,133 451,715 2,967,673 271,168 3,643,823 169,867 5,102,854 60,864 4,225,937 39,727 5,980,102 10,640 3,627,319 4,286 2,939,641 2,708 5,851,075 A g r i c u lt u r e , fo r e s t r y , a n d fis h in g Establishments, first quarter .................. Employment, March ................................ M in in g — Establishments, first quarter .................. Employment, March ................................ C o n s t r u c t io n Establishments, first quarter .................. Employment, March ................................ M a n u f a c t u r in g Establishments, first quarter .................. Employment, March ................................ T r a n s p o r t a t io n a n d p u b lic u tilitie s Establishments, first quarter .................. Employment, March ................................ W h o le s a l e tr a d e Establishments, first quarter .................. Employment, March ................................ R e ta il t r a d e Establishments, first quarter .................. Employment, March ................................ F in a n c e , i n s u r a n c e , a n d re a l e s t a te Establishments, first quarter .................. Employment, March ................................ S e r v ic e s Establishments, first quarter .................. Employment, March ................................ 1 Includes establishments that reported no workers in March 2000. NOTE: Detail may not add to totals due to rounding. 2 Includes data for nonclassifiable establishments, not shown separately. 88 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 19. Annual data: establishments, employment, and wages covered under Ul and UCFE by ownership Year Average establishments Average annual employment Total annual wages (in thousands) Average annual wages per employee Average weekly wage Total covered (Ul and UCFE) 1991 ...................................................... 1992 ...................................................... 1 9 9 3 ...................................................... 1 9 9 4 ...................................................... 1995 ...................................................... 1996 ...................................................... 1997 ...................................................... 1998 ...................................................... 1999 ...................................................... 2000 ...................................................... 6,382,523 6,532,608 6,679,934 6,826,677 7,040,677 7,189,-1^8 7,369,473 7,634,018 7,820,860 7,879,116 106,884,831 107,413,728 109,422,571 112,611,287 115,487,841 117,963,132 121,044,432 124,183,549 127,042,282 129,877,063 $2,626,972,030 2,781,676,477 2,884,472,282 3,033,676,678 3,215,921,236 3,414,514,808 3,674,031,718 3,967,072,423 4,235,579,204 4,587,708,584 $24,578 25,897 26,361 26,939 27,846 28,946 30,353 31,945 33,340 35,323 $473 498 507 518 536 557 584 614 641 679 $24,335 25,622 26,055 26,633 27,567 28,658 30,058 31,676 33,094 35,077 $468 493 501 512 530 551 578 609 636 675 $24,178 25,547 25,934 26,496 27,441 28,582 30,064 31,762 33,244 35,337 $465 491 499 510 528 550 578 611 639 680 $27,132 27,789 28,643 29,518 30,497 31,397 32,521 33,605 34,681 36,296 $522 534 551 568 586 604 625 646 667 698 $24,595 25,434 26,095 26,717 27,552 28,320 29,134 30,251 31,234 32,387 $473 489 502 514 530 545 560 582 601 623 $32,609 35,066 36,940 38,038 38,523 40,414 42,732 43,688 44,287 46,228 $627 674 710 731 741 777 822 840 852 889 Ul covered 1991 ...................................................... 1 9 9 2 ...................................................... 1993 ...................................................... 1 9 9 4 ...................................................... 1 9 9 5 ...................................................... 1 9 9 6 ...................................................... 1997 ...................................................... 1 9 9 8 ...................................................... 1999 ...................................................... 2000 ...................................................... 6,336,151 6,485,473 6,632,221 6,778,300 6,990,594 7,137,644 7,317,363 7,586,767 7,771,198 7,828,861 103,755,832 104,288,324 106,351,431 109,588,189 112,539,795 115,081,246 118,233,942 121,400,660 124,255,714 127,005,574 $2,524,937,018 2,672,081,827 2,771,023,411 2,918,684,128 3,102,353,355 3,298,045,286 3,553,933,885 3,845,494,089 4,112,169,533 4,454,966,824 Private industry covered 1991 ...................................................... 1992 ...................................................... 1 9 9 3 ...................................................... 1 9 9 4 ...................................................... 1995 ...................................................... 1996 ...................................................... 1997 ...................................................... 1998 ...................................................... 1 9 9 9 ...................................................... 2000 ...................................................... 6,162,684 6,308,719 6,454,381 6,596,158 6,803,454 6,946,858 7,121,182 7,381,518 7,560,567 7,622,274 89,007,096 89,349,803 91,202,971 94,146,344 96,894,844 99,268,446 102,175,161 105,082,368 107,619,457 110,015,333 $2,152,021,705 2,282,598,431 2,365,301,493 2,494,458,555 2,658,927,216 2,837,334,217 3,071,807,287 3,337,621,699 3,577,738,557 3,887,626,769 State government covered 1991 ...................................................... 1 9 9 2 ...................................................... 1993 ...................................................... 1 9 9 4 ...................................................... 1 9 9 5 ...................................................... 1 9 9 6 ...................................................... 1997 ...................................................... 1998 ...................................................... 1999 ...................................................... 2000 ...................................................... 58,499 58,801 59,185 60,686 60,763 62,146 65,352 67,347 70,538 65,096 4,005,321 4,044,914 4,088,075 4,162,944 4,201,836 4,191,726 4,214,451 4,240,779 4,296,673 4,370,160 $108,672,127 112,405,340 117,095,062 122,879,977 128,143,491 131,605,800 137,057,432 142,512,445 149,011,194 158,618,365 Local government covered 1991 ...................................................... 1992 ...................................................... 1993 ...................................................... 1 9 9 4 ...................................................... 1995 ...................................................... 1996 ...................................................... 1997 ...................................................... 1998 ...................................................... 1999 ...................................................... 2000 ...................................................... 114,936 117,923 118,626 121,425 126,342 128,640 130,829 137,902 140,093 141,491 10,742,558 10,892,697 11,059,500 11,278,080 11,442,238 11,621,074 11,844,330 12,077,513 12,339,584 12,620,081 $264,215,610 277,045,557 288,594,697 301,315,857 315,252,346 329,105,269 345,069,166 365,359,945 385,419,781 408,721,690 Federal Government covered (UCFE) 1991 ...................................................... 1 9 9 2 ...................................................... 1993 ...................................................... 1 9 9 4 ...................................................... 1995 ...................................................... 1 9 9 6 ...................................................... 1997 ...................................................... 1998 ...................................................... 1999 ...................................................... 2000 ...................................................... NOTE: 46,372 47,136 47,714 48,377 50,083 51,524 52,110 47,252 49,661 50,256 3,128,999 3,125,404 3,071,140 3,023,098 2,948,046 2,881,887 2,810,489 2,782,888 2,786,567 2,871,489 $102,035,012 109,594,650 113,448,871 114,992,550 113,567,881 116,469,523 120,097,833 121,578,334 123,409,672 132,741,760 Detail may not add to totals due to rounding. Monthly Labor Review July 2002 89 Current Labor Statistics: 20. Labor Force Data Annual data: establishments, employment, and wages covered under Ul and UCFE, by State Average establishments State 2000 2000 19992000 change Total annual wages (in thousands) 2000 19992000 change Average weekly wage 2000 19992000 change Total United States .......................................... 7,879,116 58,256 129,877,063 2,834,781 $4,587,708,584 $352,129,380 $679 $38 Alabam a.............................................................. A lask a.................................................................. Arizona................................................................ Arkansas ............................................................. California............................................................. 112,328 18,820 115,171 72,240 1,026,568 454 32 2,589 406 -33,271 1,877,963 275,607 2,220,712 1,130,891 14,867,006 6,911 6,674 70,174 17,750 472,932 54,538,027 9,685,341 72,417,033 29,761,939 612,318,313 1,970,401 532,709 6,772,271 1,520,062 71,430,084 558 676 627 506 792 18 22 40 18 69 Colorado ............................................................. Connecticut......................................................... Delaw are............................................................. District of Columbia........................................... Florida.................................................................. 148,479 107,787 24,751 28,409 444,731 6,278 1,696 584 1,474 9,134 2,186,656 1,674,728 406,350 637,292 7,060,986 81,404 22,363 4,210 21,588 216,337 81,273,035 76,176,856 14,845,185 33,753,742 215,780,400 9,292,033 5,650,414 707,255 2,423,907 17,731,492 715 875 703 1,019 588 57 54 27 40 32 G eorgia............................................................... Hawaii .................................................................. Id a h o .................................................................... Illinois................................................................... Indiana ................................................................ 225,040 34,027 45,399 322,324 152,846 6,628 1,564 1,128 2,721 -1,089 3,883,005 553,185 563,193 5,940,772 2,936,634 88,250 15,440 20,785 90,253 29,778 132,853,189 16,942,944 15,600,825 226,012,936 91,086,141 10,161,751 921,218 1,474,196 13,664,320 3,800,930 658 589 533 732 596 36 16 32 34 19 Iowa ..................................................................... Kansas ................................................................ Kentucky ............................................................. Louisiana............................................................. Maine ................................................................... 97,091 80,477 107,740 118,216 44,865 2,479 1,036 2,403 1,549 956 1,443,394 1,313,742 1,762,949 1,869,219 590,818 12,412 14,945 31,482 21,317 17,005 40,312,331 38,571,763 50,774,667 52,131,235 16,344,365 1,743,623 2,164,568 2,669,580 1,838,194 916,386 537 565 554 536 532 19 26 20 13 15 Maryland ............................................................. Massachusetts................................................... Michigan.............................................................. Minnesota ........................................................... Mississippi........................................................... 146,559 187,391 260,885 155,711 63,970 1,117 344 2,244 4,932 229 2,405,510 3,275,135 4,585,211 2,608,543 1,137,304 58,631 83,493 82,445 57,751 -1,880 87,548,876 145,184,150 169,702,272 92,377,120 28,665,889 6,606,334 16,396,342 8,726,750 6,959,859 879,567 700 852 712 681 485 37 76 24 37 16 Missouri............................................................... M ontana.............................................................. Nebraska............................................................. Nevada ................................................................ New Hampshire ................................................. 163,080 38,349 51,838 48,126 45,924 2,303 1,585 4 194 494 2,677,110 379,094 882,918 1,017,902 606,543 31,687 7,855 16,308 41,975 15,318 84,020,093 9,202,211 24,449,709 32,853,744 21,069,920 4,745,993 567,364 1,370,028 2,392,271 2,067,493 604 467 533 621 668 28 20 21 21 50 New J erse y......................................................... New Mexico ........................................................ New York ............................................................ North Carolina.................................................... North D akota...................................................... 270,384 47,987 529,103 222,234 23,297 -15,337 693 4,797 7,270 240 3,877,572 717,243 8,471,416 3,862,782 309,223 85,195 16,339 178,874 58,413 3,263 169,355,641 19,722,105 384,241,451 120,007,446 7,632,602 13,725,235 1,311,285 34,472,229 7,922,007 365,713 840 529 872 597 475 51 24 61 30 18 Ohio ..................................................................... Oklahoma............................................................ O regon................................................................ Pennsylvania...................................................... Rhode Island...................................................... 280,988 89,298 109,050 315,284 33,327 1,073 1,368 -1,296 13,267 621 5,513,217 1,452,166 1,608,069 5,558,076 467,602 62,090 29,357 32,067 98,602 10,766 179,218,763 39,191,626 52,703,467 189,058,210 15,250,760 8,080,924 2,464,854 4,049,166 10,557,733 1,011,495 625 519 630 654 627 21 23 36 25 28 South Carolina................................................... South Dakota ..................................................... Tennessee .......................................................... Texas ................................................................... Utah ..................................................................... 109,370 27,145 125,247 489,795 66,144 -1,993 437 -51 8,425 2,282 1,820,138 364,119 2,667,230 9,289,286 1,044,143 27,993 8,334 40,186 272,645 26,519 51,289,516 9,030,727 81,495,110 324,579,638 30,518,822 2,664,765 574,920 4,055,765 27,952,132 2,131,853 542 477 588 672 562 20 20 21 39 26 Vermont .............................................................. Virginia................................................................ Washington ......................................................... West Virginia...................................................... Wisconsin............................................................ W yom ing............................................................. 23,870 192,745 221,150 46,830 145,871 20,861 805 3,212 9,010 21 977 238 296,462 3,427,954 2,706,462 686,622 2,736,054 230,857 8,473 100,832 62,732 6,014 44,603 5,892 8,571,976 120,567,926 100,381,521 18,461,154 83,980,263 6,195,607 624,326 10,689,950 5,904,038 752,890 4,294,806 425,897 556 676 713 517 590 516 25 41 26 17 21 23 Puerto R ic o ......................................................... Virgin Islands ..................................................... 52,371 3,255 202 32 1,026,175 42,349 23,785 1,411 19,306,364 1,173,955 709,126 104,996 362 533 5 31 NOTE: Detail may not add to totals due to rounding. 90 19992000 change Average annual employment Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 21. Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties Employment Average annual pay Percent change, 1999-20002 Ranked by percent change, 1999-20003 United States4 .................... 129,877,063 2.2 - 35,323 5.9 Jefferson, A L ..................... Madison, A L ....................... Mobile, A L .......................... Montgomery, A L ............... Tuscaloosa, A L .................. Anchorage, AK .................. Maricopa, A Z ..................... Pima, A Z ............................. Pulaski, A R ........................ Sebastian, A R .................... 384,662 154,356 169,469 131,988 76,499 129,700 1,544,971 328,426 243,157 75,197 .6 1.7 -.1 .2 .8 2.0 3.6 3.1 .4 1.1 256 186 291 285 244 164 48 77 272 228 34,026 35,837 28,623 28,894 29,064 36,659 35,110 29,194 30,799 27,011 3.9 5.0 2.4 3.2 2.5 2.7 7.8 3.5 3.8 4.8 Washington, A R ................. Alameda, CA ..................... Contra Costa, CA ............. Fresno, CA ........................ Kern, C A ............................. Los Angeles, C A ............... Marin, C A ............................ Monterey, C A ..................... Orange, C A ........................ Placer, CA ......................... 80,045 696,242 336,691 322,759 238,250 4,098,154 111,645 164,646 1,394,414 107,182 3.3 3.0 3.1 1.9 2.1 1.7 2.1 2.5 3.6 8.9 61 84 78 169 153 187 154 118 49 3 26,408 45,091 42,318 26,162 28,572 39,651 42,600 29,962 39,247 33,386 3.8 9.8 3.7 4.8 5.7 4.9 8.5 5.1 4.8 5.3 Riverside, C A ..................... Sacramento, C A ................ San Bernardino, C A .......... San Diego, C A ................... San Francisco, C A ............ San Joaquin, C A ................ San Luis Obispo, CA ........ San Mateo, CA .................. Santa Barbara, CA ........... Santa Clara, C A ................ 469,467 573,942 528,437 1,195,116 609,138 201,070 94,883 378,494 176,901 1,030,633 5.3 2.6 3.0 3.0 3.7 3.1 3.6 5.3 3.0 6.1 12 107 85 86 43 79 50 13 87 9 29,136 37,732 29,901 37,535 57,532 29,237 28,096 67,051 32,566 76,213 4.7 7.2 3.8 8.1 12.0 4.7 6.2 30.4 8.2 24.7 Santa Cruz, C A .................. Solano, CA ........................ Sonoma, C A ...................... Stanislaus, C A ................... Tulare, CA ......................... Ventura, C A ....................... Yolo, CA ............................. Adams, C O ........................ Arapahoe, C O .................... Boulder, C O ....................... 101,833 117,217 190,946 160,948 132,986 287,611 84,565 144,806 284,236 179,719 3.3 3.7 3.1 1.7 3.6 3.4 1.5 3.6 3.9 8.2 62 44 80 188 51 57 201 52 38 4 35,819 31,670 35,715 28,201 23,750 37,069 33,438 33,428 46,254 45,564 15.5 8.4 11.3 4.4 4.6 9.1 3.3 4.8 7.8 13.9 Denver, C O ........................ El Paso, C O ....................... Jefferson, CO .................... Larimer, C O ....................... Fairfield, C T ....................... Hartford, C T ....................... New Haven, CT ................. New London, C T ............... New Castle, D E ................. Washington, DC ............... 469,137 237,739 210,519 119,155 427,557 501,562 367,343 123,039 281,920 637,292 3.2 3.4 2.6 5.1 1.1 1.1 1.1 .6 -.7 3.5 69 58 108 16 229 230 231 257 301 54 44,343 33,039 36,195 32,394 61,156 43,656 38,355 36,757 40,491 52,964 11.6 7.7 5.2 7.9 8.5 6.2 5.4 3.8 4.5 4.1 Alachua, FL ....................... Brevard, F L ........................ Broward, F L ....................... Collier, F L ........................... Duval, FL ............................ Escambia, F L ..................... Hillsborough, F L ................ Lee, FL ............................... Leon, FL ............................. Manatee, FL ...................... 117,658 181,314 644,192 103,264 434,219 125,666 588,792 162,304 141,978 ( 5) 2.5 3.3 3.3 6.9 4.1 1.0 2.5 4.4 2.2 ( 5) 119 63 64 6 32 235 120 25 142 ( 5) 26,155 32,101 33,234 29,962 32,777 26,709 31,707 28,148 29,249 ( é) 3.9 7.2 6.5 6.9 4.6 4.5 4.8 6.4 4.1 (5> Marion, FL ......................... Miami-Dade, F L ................. Orange, F L ........................ Palm Beach, F L ................. Pinellas, F L ........................ Polk, FL .............................. Sarasota, F L ...................... Seminole, FL ..................... Volusia, F L ......................... Bibb, GA ............................. 83,319 980,394 611,469 481,395 436,390 183,222 ( 5) 139,610 141,652 88,790 1.7 2.3 3.2 4.1 4.2 2.6 ( 5) 4.6 1.4 -1.2 189 135 70 33 29 109 ( 5) 23 207 308 24,953 33,333 31,123 35,233 31,263 27,881 (5) 30,835 25,079 29,299 3.3 3.9 4.6 7.3 5.4 3.5 ( 5) 6.9 5.5 3.2 Chatham, G A ..................... Clayton, G A ....................... Cobb, G A ............................ 122,785 116,368 301,183 1.3 -.6 1.3 214 296 215 29,650 36,774 38,792 1.9 6.7 5.4 County' 2000 2000 Percent change, 1999-20002 See footnotes at end of table. Monthly Labor Review July 2002 91 Current Labor Statistics: Labor Force Data 21. Continued—Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties A v e ra g e a n n u a l pay E m p lo y m e n t C o u n ty 1 2000 P e rc e n t change, 1 9 9 9 -2 0 0 0 2 R an ked by p e rc e n t change, 1 9 9 9 -2 0 0 0 3 2000 P e rc e n t change, 1 9 9 9 -2 0 0 0 2 Dekalb, G A ........................ Fulton, GA .......................... Gwinnett, G A ..................... Muscogee, G A ................... Richmond, G A ................... Honolulu, H I ....................... Ada, I D ................................ 310,659 754,368 281,654 98,315 106,260 407,935 177,741 -.6 2.7 4.1 -.1 -.6 2.6 6.5 297 103 34 292 298 110 8 38,614 47,060 39,051 27,744 28,592 31,874 34,460 4.9 8.5 6.0 3.7 3.6 2.8 10.0 Champaign, I L ................... Cook, I L .............................. Du Page, IL ........................ Kane, IL .............................. Lake,IL ............................... McHenry, I L ....................... McLean, I L .......................... Madison, I L ........................ Peoria, I L ............................ Rock Island, I L ................... 90,429 2,687,795 582,352 193,410 310,689 87,258 84,324 94,550 102,801 80,273 2.8 1.3 1.7 2.9 3.1 1.9 .6 .4 .1 .8 96 216 190 91 81 170 258 273 287 245 29,183 42,898 42,570 32,173 42,620 32,007 34,254 28,974 31,387 33,525 4.2 5.8 3.6 .1 6.7 2.0 4.1 2.9 1.6 4.5 St. Clair, I L .......................... Sangamon, I L .................... Will, I L ................................. Winnebago, IL ................... Allen, IN .............................. Elkhart, I N ........................... Hamilton, I N ....................... Lake,IN .............................. Marlon, I N ........................... St. Joseph, IN .................... 89,963 144,286 142,355 143,760 189,425 122,468 77,452 199,421 605,903 129,558 2.2 4.4 3.5 .5 .3 .6 3.0 -.6 1.6 .5 143 26 55 265 281 259 88 299 194 266 26,878 34,764 32,313 31,499 32,279 30,339 37,931 31,564 36,473 29,657 2.6 1.7 2.1 2.0 3.0 2.3 7.9 4.0 3.2 3.5 Tippecanoe, I N .................. Vanderburgh, IN ............... Linn, IA ............................... Polk, IA ............................... Scott, I A .............................. Johnson, KS ...................... Sedgwick, KS .................... Shawnee, K S ..................... Wyandotte, K S ................... Fayette, K Y ........................ 77,377 109,904 121,968 263,940 87,113 287,797 249,846 100,223 79,746 172,031 1.1 .7 2.1 1.3 -.4 2.8 .0 2.4 1.8 1.8 232 251 155 217 295 97 289 130 177 178 31,083 29,569 34,097 33,666 29,067 37,247 32,696 29,375 34,592 30,713 4.0 3.2 4.9 2.5 3.9 6.7 2.9 3.2 2.9 3.8 Jefferson, K Y ..................... Caddo, L A ........................... Calcasieu, LA .................... East Baton Rouge, L A ...... Jefferson, LA ..................... Lafayette, LA ..................... Orleans, L A ........................ Cumberland, M E ............... Anne Arundel, MD ............ Baltimore, M D .................... 439,103 119,449 83,976 246,434 214,680 114,059 263,551 166,757 194,018 358,117 1.4 .3 .1 2.7 -.7 2.3 1.9 3.7 5.3 1.2 208 282 288 104 302 136 171 45 14 222 33,334 28,767 28,226 29,257 28,051 29,911 31,694 30,752 35,461 34,119 3.9 3.2 .9 1.6 2.1 5.5 1.3 1.1 7.3 4.7 Frederick, M D .................... Howard, M D ....................... Montgomery, M D .............. Prince Georges, M D ......... Baltimore City, M D ............ Barnstable, M A .................. Bristol, MA ......................... Essex, MA ......................... Hampden, M A .................... Middlesex, M A ................... 77,323 128,678 447,314 303,262 386,411 88,589 221,539 305,382 204,303 846,931 4.9 3.2 5.0 3.3 .8 3.7 1.3 2.5 1.9 3.1 22 71 20 65 246 46 218 121 172 82 30,847 37,897 43,708 37,060 38,579 29,726 30,785 39,154 32,220 52,091 5.9 5.1 5.8 6.9 4.5 .0 4.6 8.8 4.8 11.8 Norfolk, M A ........................ Plymouth, M A .................... Suffolk, M A ........................ Worcester, M A ................... Genesee, M l ...................... Ingham, M l .......................... Kalamazoo, M l................... Kent, Ml .............................. Macomb, M l ....................... Oakland, Ml ....................... 325,018 166,482 608,285 321,131 165,297 174,315 118,342 347,707 337,504 768,629 2.4 1.3 3.3 2.5 -1.4 2.0 -.1 1.6 .3 1.0 131 219 66 122 313 165 293 195 283 236 43,368 33,931 56,699 37,657 36,324 34,963 32,675 33,996 40,904 44,500 10.4 6.3 11.6 10.8 1.4 5.6 2.3 2.6 3.5 4.2 Ottawa, Ml .......................... Saginaw, M l ....................... Washtenaw, M l .................. Wayne, Ml .......................... Anoka, M N ......................... Dakota, M N ........................ Hennepin, M N .................... Olmsted, M N ...................... 118,711 95,474 195,624 866,282 108,989 153,364 874,693 82,670 1.8 -.8 .5 1.2 3.8 2.6 2.1 3.9 179 304 267 223 40 111 156 39 31,947 34,672 40,182 42,440 33,928 34,362 43,816 36,104 3.5 2.5 5.3 3.5 4.5 4.7 7.1 3.1 See footnotes at end of table. Monthly Labor Review 92 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 21. Continued—Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties A v e ra g e a n n u a l p ay E m p lo y m e n t C o u n ty 1 2000 P e rc e n t change, 1 9 9 9 -2 0 0 0 2 R a n k ed by p e rc e n t change, 1 9 9 9 -2 0 0 0 3 2000 P e rc e n t change, 1 9 9 9 -2 0 0 0 2 Ramsey, M N ...................... St. Louis, M N ..................... 332,929 94,926 1.6 1.4 196 209 39,069 28,903 5.8 4.6 Stearns, M N ....................... Harrison, M S ...................... Hinds, MS ........................... Boone, MO ........................ Clay, M O ............................. Greene, M O ....................... Jackson, M O ...................... St. Charles, M O ................. St. Louis, M O ..................... St. Louis City, M O ............. 76,292 89,745 136,949 75,785 84,159 142,508 393,761 95,799 646,858 250,878 3.1 .4 -1.2 2.8 .0 2.4 .4 3.2 .8 .4 83 274 309 98 290 132 275 72 247 276 27,584 25,442 30,578 27,361 32,207 26,971 36,056 29,515 38,145 38,612 4.2 4.8 4.6 3.1 6.4 3.2 6.2 3.8 5.6 4.1 Douglas, NE ...................... Lancaster, N E .................... Clark, NV ............................ Washoe, NV ...................... Hillsborough, NH .............. Rockingham, NH .............. Atlantic, NJ ........................ Bergen, N J ......................... Burlington, N J .................... Camden, N J ....................... 330,128 146,433 697,575 189,102 193,796 129,494 140,141 448,513 180,165 199,768 2.1 1.8 5.3 3.2 2.7 4.1 -.2 .5 .8 -1.1 157 180 15 73 105 35 294 268 248 307 32,356 28,511 32,131 32,748 39,212 35,823 31,068 46,306 37,597 35,130 4.1 3.9 3.4 4.4 9.1 9.8 3.4 7.0 4.7 3.2 Essex, NJ ........................... Gloucester, N J ................... Hudson, N J ........................ Mercer, NJ ......................... Middlesex, N J .................... Monmouth, NJ ................... Morris, NJ ........................... Ocean, N J ........................... Passaic, N J ........................ Somerset, N J ..................... 363,942 86,667 238,388 210,031 392,427 233,285 275,499 129,093 177,364 173,571 1.6 .7 3.4 3.3 .6 2.5 2.8 2.5 .6 4.1 197 252 59 67 260 123 99 124 261 36 44,653 32,055 47,427 44,658 46,487 39,695 60,487 30,447 37,759 54,781 3.5 2.8 10.2 5.2 5.8 5.4 19.0 4.6 2.0 5.1 Union, N J ............................ Bernalillo, NM .................... Albany, N Y .......................... Bronx, NY ........................... Broome, N Y ....................... Dutchess, N Y ..................... Erie, N Y .............................. Kings, N Y ............................ Monroe, NY ....................... Nassau, N Y ....................... 237,176 307,705 230,962 212,982 99,613 109,949 459,828 441,916 399,602 598,538 2.2 2.6 1.4 2.2 1.2 1.9 1.0 2.3 .9 1.6 144 112 210 145 224 173 237 137 242 198 45,282 30,184 35,795 32,850 29,658 36,065 31,489 30,760 35,423 40,023 4.9 4.1 6.1 2.7 3.6 2.2 3.0 3.7 1.8 4.4 New York, N Y .................... Niagara, N Y ....................... Oneida, N Y ........................ Onondaga, N Y ................... Orange, N Y ........................ Queens, N Y ....................... Richmond, NY ................... Rockland, N Y ..................... Suffolk, N Y .......................... Westchester, N Y ............... 2,382,175 78,186 110,684 252,476 119,571 480,676 88,245 106,361 578,401 405,440 3.2 .2 1.4 .7 1.6 1.3 1.9 1.4 2.3 2.3 74 286 211 253 199 220 174 212 138 139 72,572 31,112 27,300 32,499 29,357 34,986 32,149 37,264 37,862 47,066 10.3 3.7 3.4 3.4 4.6 4.4 4.2 4.3 6.6 8.3 Buncombe, NC .................. Catawba, NC ..................... Cumberland, N C ............... Durham, N C ....................... Forsyth, NC ....................... Gaston, N C ........................ Guilford, N C ....................... Mecklenburg, N C .............. New Hanover, N C ............. Wake, NC ........................... 106,036 101,321 109,858 167,191 181,619 77,176 279,889 514,223 87,019 383,705 .5 2.6 1.2 2.9 1.8 -3.6 .6 3.8 .4 3.3 269 113 225 92 181 314 262 41 277 68 27,652 28,210 26,112 49,359 34,011 28,335 32,216 40,538 28,560 35,377 3.8 4.0 3.9 12.6 6.3 4.0 2.5 5.4 4.3 7.4 Cass, ND ............................ Butler, O H ........................... Cuyahoga, O H ................... Franklin, OH ...................... Hamilton, O H ..................... Lake, OH ............................ Lorain, OH .......................... Lucas, O H ........................... Mahoning, OH ................... Montgomery, OH .............. 81,823 126,189 817,572 701,913 566,965 102,320 105,988 238,450 112,531 303,352 2.2 2.6 .9 2.2 .8 1.5 2.3 .6 -.6 .4 146 114 243 147 249 202 140 263 300 278 27,801 31,502 36,520 34,970 37,598 30,735 32,013 32,255 25,966 34,532 4.1 1.7 4.2 4.6 3.9 2.1 1.9 2.3 3.0 2.6 Stark, O H ............................ Summit, O H ....................... 175,535 266,001 1.7 .4 191 279 28,505 32,735 2.1 4.2 See footnotes at end of table. Monthly Labor Review July 2002 93 Current Labor Statistics: Labor Force Data 21. Continued—Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties E m p lo y m e n t C o u n ty 1 2000 94 R a n k ed by p e rc e n t change, 1 9 9 9 -2 0 0 0 3 2000 P e rc e n t change, 1 9 9 9 -2 0 0 0 2 Trumbull, OH ..................... Oklahoma, O K ................... Tulsa, O K ............................ Clackamas, OR ................. Lane, O R ............................ Marlon, OR ........................ Multnomah, OR ................. Washington, OR ............... 94,382 414,239 340,671 133,065 139,710 127,558 453,274 224,033 -1.3 2.9 2.5 2.2 1.1 2.0 2.1 4.3 311 93 125 148 233 166 158 27 32,785 29,216 31,157 32,482 27,877 28,116 36,796 44,459 1.0 4.6 3.7 4.0 3.5 2.9 6.2 13.4 Allegheny, P A .................... Berks, P Â ............................ Bucks, P A ........................... Chester, PA ....................... Cumberland, PA ............... Dauphin, PA ...................... Delaware, P A ..................... Erie, PA .............................. Lackawanna, P A ............... Lancaster, P A .................... 711,068 168,068 244,317 216,777 123,998 172,465 212,540 131,700 98,383 218,280 1.2 1.8 2.5 2.5 -1.3 2.1 1.0 2.5 -.7 1.8 226 182 126 127 312 159 238 128 303 183 36,727 32,007 34,059 43,762 32,811 33,680 36,828 28,368 27,663 30,809 2.5 3.3 3.4 6.9 3.2 2.2 5.5 1.8 7.5 4.6 Lehigh, P A ......................... Luzerne, P A ....................... Montgomery, P A ............... Northampton, P A .............. Philadelphia, P A ............... Westmoreland, P A ............ York, PA ............................. Providence, Rl ................... Charleston, SC .................. Greenville, SC ................... 171,175 143,066 481,011 87,846 668,793 134,436 167,757 290,809 182,793 233,062 2.0 2.2 2.3 3.0 1.5 1.0 2.2 1.7 1.3 2.6 167 149 141 89 203 239 150 192 221 115 35,274 27,855 43,810 30,767 39,700 27,992 30,926 33,410 27,680 31,281 2.5 2.7 6.5 3.1 4.5 1.3 3.3 4.0 4.8 4.0 Horry, S C ............................ Lexington, S C .................... Richland, S C ...................... Spartanburg, S C ............... Minnehaha, S D .................. Davidson, T N ..................... Hamilton, T N ...................... Knox, T N ............................. Rutherford, T N ................... Shelby, T N .......................... 99,124 81,341 207,508 119,791 105,837 434,901 188,161 202,688 76,993 500,255 1.7 2.0 .6 .5 3.2 1.5 1.8 3.4 2.5 1.0 193 168 264 270 75 204 184 60 129 240 22,883 27,505 29,627 30,596 28,212 34,863 30,574 30,090 31,132 34,357 5.4 3.5 4.1 3.4 3.7 5.4 4.0 4.1 3.6 2.5 Bell, TX ............................... Bexar, T X ............................ Brazoria, T X ....................... Cameron, T X ..................... Collin, T X ............................ Dallas, T X ........................... Denton, TX ........................ El Paso, T X ........................ Fort Bend, TX .................... Galveston, T X .................... 87,850 648,942 75,417 109,115 167,956 1,567,626 119,722 251,557 87,763 86,844 2.1 2.2 2.8 5.4 5.9 4.2 3.7 1.5 2.4 -1.0 160 151 100 11 10 30 47 205 133 306 25,193 29,923 34,367 21,553 40,509 44,381 29,298 25,069 35,801 29,518 4.1 5.2 3.3 2.6 5.8 7.7 4.0 3.2 5.1 4.0 Harris, TX ........................... Hidalgo, T X ........................ Jefferson, TX ..................... Lubbock, TX ...................... Me Lennan, TX .................. Montgomery, T X ............... Nueces, T X ........................ Potter, TX ........................... Smith, T X ............................ Tarrant, TX ........................ 1,840,442 163,443 120,815 115,422 98,076 76,865 142,309 75,572 83,353 703,025 2.8 7.1 1.1 1.9 1.0 5.0 .8 .7 2.8 3.5 101 5 234 175 241 21 250 254 102 56 41,869 21,671 31,277 26,297 27,034 32,119 28,187 26,552 29,509 35,438 7.7 2.7 .8 6.3 2.1 9.7 4.7 2.8 3.6 5.0 Travis, T X ........................... Williamson, T X ................... Davis, U T ............................ Salt Lake, U T ..................... Utah, UT ............................. Weber, UT .......................... Chittenden, V T ................... Arlington, V A ...................... Chesterfield, V A ................. Fairfax, V A ......................... 538,193 76,588 84,640 531,240 142,369 86,404 95,343 157,906 107,932 537,647 5.1 9.5 3.2 2.6 4.5 .4 5.1 4.1 2.1 6.7 17 2 76 116 24 280 18 37 161 7 41,332 50,415 27,711 32,192 27,891 26,644 34,288 52,846 31,880 51,576 7.0 -4.5 7.2 5.0 5.0 2.5 4.2 7.1 3.5 10.3 Henrico, VA ....................... Loudoun, V A ...................... Prince William, V A ............ Alexandria, V A ................... Chesapeake, V A ............... Newport News, VA ........... Norfolk, VA ........................ 165,617 87,265 78,209 91,818 81,294 93,607 145,197 2.4 11.9 4.3 5.1 2.1 1.8 .3 134 1 28 19 162 185 284 36,138 54,141 28,986 42,101 26,069 30,261 32,179 5.8 3.6 5.5 6.1 4.2 5.4 4.9 See footnotes at end of table. Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis A v e ra g e a n n u a l p ay P e rc e n t change, 1 9 9 9 -2 0 0 0 2 July 2002 21. Continued—Annual data: Employment and average annual pay for all workers covered under Ul and UCFE in the 316 largest U.S. counties A v e ra g e a n n u a l pay E m p lo y m e n t R an ked by p e rc e n t change, P e rc e n t change, C o u n ty 1 2000 1999-20002 P erc en t change, 2000 1999-20002 1999-20003 Richmond, V A .................... Roanoke City, V A ............. Virginia Beach, V A ............ 166,923 75,894 165,610 1.4 3.0 3.6 213 90 53 38,635 29,487 25,414 5.1 4.6 4.4 Clark, WA ........................... King, W A ............................. Pierce, W A ......................... Snohomish, W A ................. Spokane, W A ..................... Thurston, W A ..................... Yakima, W A ....................... Kanawha, W V .................... Brown, Wl ........................... Dane, W l ............................. 113,910 1,162,290 241,654 209,557 188,843 84,277 94,233 112,920 142,359 274,353 1.5 2.7 4.2 -1.2 2.9 1.6 1.9 .7 2.1 2.6 206 106 31 310 94 200 176 255 163 117 32,163 47,459 29,854 35,091 29,760 31,745 23,237 30,156 31,538 32,817 6.0 3.0 4.2 3.6 7.9 6.9 3.7 3.1 2.9 5.5 Milwaukee, W l ................... Outagamie, W l ................... Racine, Wl ......................... Waukesha, Wl ................... Winnebago, W l .................. 528,837 94,364 79,160 222,877 90,256 .5 2.9 -.9 1.2 2.2 271 95 305 227 152 34,744 30,769 32,536 35,767 33,622 3.1 4.4 -.6 5.2 2.7 San Juan, PR .................... 327,187 3.8 42 21,312 3.5 1 Includes areas not officially designated as counties. See Notes on Current Labor Statistics. 4 Totals for the United States do not include data for Puerto Rico. 5 Data are not available for release. 2 Percent changes were computed from annual employment and pay data adjusted for noneconomic county reclassifications. See Notes on Current Labor Statistics. 3 Rankings for percent change in employment are based on the 314 counties that are comparable over the year. 22. Note: Data pertain to workers covered by Unemployment Insurance (Ul) and Unemployment Compensation for Federal Employees (UCFE) programs. The 315 U.S. counties comprise 70.8 percent of the total covered workers in the United States Annual data: Employment status of the population [Numbers in thousands] 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Civilian noninstitutional population........... 192,805 194,838 196,814 198,584 200,591 203,133 205,220 207,753 209,699 211,864 Civilian labor force................................... 128,105 129,200 131,056 132,304 133,943 136,297 137,673 139,368 140,863 141,815 Labor force participation rate............... 66.4 66.3 66.6 66.6 66.8 67.1 67.1 67.1 67.2 66.9 Employed............................................. 118,492 120,259 123,060 124,900 126,708 129,558 135,208 135,073 61.5 61.7 62.5 62.9 63.2 63.8 131,463 64.1 133,488 Employment-population ratio.......... 64.3 64.5 63.8 Agriculture...................................... 3,247 3,115 3,409 3,440 3,443 3,399 3,378 3,281 3,305 3,144 115,245 117,144 119,651 121,460 123,264 126,159 128,085 130,207 131,903 131,929 6,742 Employment status 9,613 8,940 7,996 7,404 7,236 6,739 6,210 5,880 5,655 Unemployment rate.......................... 7.5 6.9 6.1 5.6 5.4 4.9 4.2 4.0 4.8 Not in the labor force............................... 64,700 65,638 65,758 66,280 66,647 66,837 4.5 67,547 68,385 68,836 70,050 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 95 Current Labor Statistics: 23. Labor Force Data Annual data: Employment levels by industry [In thousands] Industry 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Total employment........................................... 108,601 114,163 117,191 119,608 89,956 23,231 95,036 23,908 97,885 100,189 24,493 125,865 106,042 25,414 128,916 108,709 25,507 132,213 111,341 24,265 122,690 103,133 24,962 131,759 Private sector............................................... 110,713 91,872 23,352 635 610 4,492 4,668 596 5,691 590 6,020 6,415 Manufacturing......................................... 18,104 18,075 18,321 5,160 18,524 580 5,418 539 Construction............................................ 601 4,986 18,495 18,675 18,805 18,552 Service-producing..................................... 85,370 5,718 87,361 90,256 92,925 95,115 97,727 5,811 5,984 6,132 103,409 6,834 5,997 6,162 6,911 22,848 7,555 23,307 6,806 21,966 7,109 6,800 22,295 7,389 6,911 20,507 6,896 6,378 21,187 6,648 19,356 6,602 5,981 19,773 6,757 6,253 6,482 21,597 100,451 6,611 7,560 7,624 29,052 30,197 31,579 33,117 34,454 36,040 37,533 39,055 40,460 41,024 18,645 2,969 4,408 11,267 18,841 2,915 19,128 2,870 4,576 11,682 19,305 2,822 19,419 19,557 2,699 4,582 12,276 19,823 2,686 4,612 20,206 2,757 4,606 20,681 2,777 4,785 20,873 2,616 4,880 13,377 Goods-producing...................................... Mining...................................................... Transportation and public utilities........ Wholesale trade..................................... Retail trade............................................. Finance, insurance, and real estate.... Services.................................................. Government........................................... Federal................................................. State...................................................... Local..................................................... 4,488 11,438 581 4,635 11,849 12,056 6,408 12,525 2,669 4,709 12,829 111,079 25,709 543 25,122 6,698 18,469 6,861 106,050 7,019 7,024 13,119 563 17,698 107,092 7,070 7,014 23,488 NOTE: See "Notes on the data" for a description of the most recent benchmark revision. 24. Annual data: Average hours and earnings of production or nonsupervisory workers on nonfarm payrolls, by industry In d u s try 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 P rivate sector: Average weekly hours................................................... Average hourly earnings (in dollars).......................... Average weekly earnings (in dollars)......................... 34.4 10.57 363.61 34.5 10.83 373.64 34.7 11.12 385.86 34.5 11.43 394.34 34.4 11.82 406.61 34.6 12.28 424.89 34.6 12.78 442.19 34.5 13.24 456.78 34.5 13.75 474.38 34.2 14.33 490.09 43.9 14.54 638.31 44.3 14.60 646.78 44.8 14.88 666.62 44.7 15.30 683.91 45.3 15.62 707.59 45.4 16.15 733.21 43.9 16.91 742.35 43.2 17.05 736.56 43.1 17.24 743.04 43.4 17.65 766.01 38.0 14.15 537.70 38.5 14.38 553.63 38.9 14.73 573.00 38.9 15.09 587.00 39.0 15.47 603.33 39.0 16.04 625.56 38.9 16.61 646.13 39.1 17.19 672.13 39.3 17.88 702.68 39.2 18.33 718.54 41.0 11.46 469.86 41.4 11.74 486.04 42.0 12.07 506.94 41.6 12.37 514.59 41.6 12.77 531.23 42.0 13.17 553.14 41.7 13.49 562.53 41.7 13.90 579.63 41.6 14.38 598.21 40.7 14.84 603.99 38.3 13.43 514.37 39.3 13.55 532.52 39.7 13.78 547.07 39.4 14.13 556.72 39.6 14.45 572.22 39.7 14.92 592.32 39.5 15.31 604.75 38.7 15.69 607.20 38.6 16.22 626.09 38.1 16.89 643.51 38.2 11.39 435.10 38.2 11.74 448.47 38.4 12.06 463.10 38.3 12.43 476.07 38.3 12.87 492.92 38.4 13.45 516.48 38.3 14.07 538.88 38.3 14.58 558.80 38.5 15.20 585.20 38.2 15.80 603.56 28.8 7.12 205.06 28.8 7.29 209.95 28.9 7.49 216.46 28.8 7.69 221.47 28.8 7.99 230.11 28.9 8.33 240.74 29.0 8.74 253.46 29.0 9.09 263.61 28.9 9.46 273.39 28.8 9.82 282.82 35.8 10.82 387.36 35.8 11.35 406.33 35.8 11.83 423.51 35.9 12.32 442.29 35.9 12.80 459.52 36.1 13.34 481.57 36.4 14.07 512.15 36.2 14.62 529.24 36.3 15.07 547.04 36.3 15.83 574.63 32.5 10.54 342.55 32.5 10.78 350.35 32.5 11.04 358.80 32.4 11.39 369.04 32.4 11.79 382.00 32.6 12.28 400.33 32.6 12.84 418.58 32.6 13.37 435.86 32.7 13.91 454.86 32.7 14.61 477.75 M ining: Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)...................... C o n s tru c tio n : Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)...................... M a n u fa c tu rin g : Average weekly hours................................................ Average hourly earnings (in dollars)......................... Average weekly earnings (in dollars)...................... T ra n s p o rta tio n an d p u b lic utilities: Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)...................... W h o le s a le trade: Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)...................... R e tail trade: Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)....................... F in an ce , in s u ra n c e , a n d real estate: Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)...................... S ervices: Average weekly hours................................................ Average hourly earnings (in dollars)........................ Average weekly earnings (in dollars)....................... 96 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 25. Employment Cost Index, compensation,1 by occupation and industry group [June 1989 = 100] 2002 2001 2000 Series Mar. o C iv ilia n w o rk e rs .................................................................................. June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 146.5 148.0 149.5 150.6 152.5 153.8 155.6 156.8 158.4 1.0 3.9 148.4 146.7 150.5 148.6 142.7 146.0 149.9 148.3 151.9 150.1 144.1 147.1 151.5 150.0 153.7 151.8 145.6 148.5 152.5 151.3 154.6 152.8 146.5 150.0 154.4 153.2 156.6 155.3 148.2 152.0 156.0 154.3 158.6 156.8 149.3 153.3 157.7 156.7 159.6 158.8 151.1 155.0 158.9 157.5 161.2 160.0 152.0 156.9 160.5 158.5 163.7 162.0 153.7 158.4 1.0 .6 1.6 1.3 1.1 1.0 4.0 3.5 4.5 4.3 3.7 4.2 Goods-producing...................................................................... Manufacturing......................................................................... Service-producing.................................................................... Services................................................................................... Health services..................................................................... Hospitals.............................................................................. Educational services............................................................ 144.9 146.0 147.1 148.0 145.9 146.3 146.5 146.6 147.5 148.4 149.3 147.5 147.7 146.8 148.0 148.7 150.1 151.2 149.0 149.5 149.7 148.8 149.3 151.1 152.4 150.7 151.3 150.6 150.7 151.3 153.0 154.3 152.5 153.2 151.7 152.2 152.6 155.4 155.4 154.6 155.6 152.2 153.3 153.3 156.4 158.1 156.7 158.2 156.1 154.4 154.6 157.6 159.0 158.3 160.0 156.6 156.3 156.6 159.1 160.2 160.5 162.3 157.1 1.2 1.3 1.0 .8 1.4 1.4 .3 3.7 3.5 4.0 3.8 5.2 5.9 3.6 Public administration3............................................................. Nonmanufacturing.................................................................... 145.7 146.1 146.9 148.3 150.6 151.9 153.8 155.2 156.5 .8 3.9 146.6 148.0 149.6 150.7 152.6 154.0 156.0 157.2 158.7 1.0 4.0 P rivate in d u s try w o rk e rs ................................................................ 146.8 146.5 148.5 148.2 149.9 149.8 150.9 150.9 153.0 153.0 154.5 154.4 155.9 156.0 157.2 160.9 158.9 159.0 1.1 1.1 3.9 3.9 White-collar workers............................................................... Excluding sales occupations............................................ Professional specialty and technical occupations........... Executive, adminitrative, and managerial occupations.. Sales occupations................................................................ Administrative support occupations, including clerical... Blue-collar workers................................................................ Precision production, craft, and repair occupations....... Machine operators, assemblers, and inspectors............ Transportation and material moving occupations........... Handlers, equipment cleaners, helpers, and laborers.... 149.3 149.4 148.4 151.1 148.9 149.0 142.6 142.3 144.0 137.5 146.4 151.1 151.3 150.7 152.7 150.3 150.6 144.1 144.1 145.0 138.6 148.1 152.6 152.9 152.2 154.4 151.2 152.3 145.5 145.8 146.0 139.9 149.4 153.6 154.1 153.7 155.3 151.4 153.4 146.4 146.7 146.8 141.1 150.4 155.7 156.5 156.3 157.3 152.3 156.1 148.2 148.7 148.3 142.6 152.2 157.4 158.1 157.5 159.4 154.5 157.7 149.3 149.7 149.1 143.9 153.4 158.7 159.6 159.2 160.2 155.0 159.5 151.0 151.8 150.4 145.6 154.9 160.1 160.9 160.3 161.8 156.7 160.8 151.9 152.5 151.5 146.3 156.5 161.9 162.8 161.5 164.4 157.7 162.8 153.6 153.7 153.6 148.7 158.7 1.1 1.2 .7 1.6 .6 1.2 1.1 .8 1.4 1.6 1.4 4.0 4.0 3.3 4.5 3.5 4.3 3.6 3.4 3.6 4.3 4.3 Service occupations............................................................... 4 Production and nonsupervisory occupations .................. 143.9 145.4 146.6 148.1 150.0 151.3 152.6 154.8 156.4 1.0 4.3 145.3 146.9 148.4 149.5 151.4 152.7 154.3 155.5 157.1 1.0 3.8 Workers, by industry division: Goods-producing.................................................................... Excluding sales occupations........................................ White-collar occupations.................................................. Excluding sales occupations........................................ Blue-collar occupations..................................................... Construction.......................................................................... Manufacturing....................................................................... White-collar occupations.................................................. Excluding sales occupations........................................ Blue-collar occupations..................................................... Durables................................................................................ Nondurables......................................................................... 144.8 144.2 148.1 146.5 142.8 140.8 146.0 148.2 146.2 144.4 146.5 144.9 146.6 145.9 150.1 148.4 144.4 143.2 147.5 150.2 148.2 145.6 148.3 146.0 147.9 147.2 151.3 149.6 145.8 145.1 148.7 151.4 149.3 146.7 149.4 147.5 148.8 148.2 151.9 150.5 146.8 146.7 149.3 151.5 149.7 147.8 150.1 147.7 150.7 150.1 154.5 153.0 148.2 148.2 151.3 154.2 152.2 149.1 151.8 150.4 152.1 151.5 156.5 155.0 149.3 150.3 152.6 156.0 154.0 150.0 153.1 151.6 153.1 152.5 156.8 155.3 150.8 151.7 152.2 156.0 153.8 151.3 154.0 152.0 154.4 153.7 158.1 156.5 151.9 153.0 154.6 156.9 154.5 152.7 155.3 153.2 156.2 155.5 160.1 158.4 153.6 154.1 156.6 159.1 156.7 154.6 156.9 156.0 1.2 1.2 1.3 1.2 1.1 .7 1.3 1.4 1.3 1.2 1.0 1.8 3.6 3.6 3.6 3.5 3.6 4.0 3.5 3.2 3.0 3.7 3.4 3.7 Service-producing................................................................... Excluding sales occupations........................................ White-collar occupations.................................................. Excluding sales occupations........................................ Blue-collar occupations..................................................... Service occupations.......................................................... Transportation and public utilities...................................... Transportation.................................................................... Public utilities...................................................................... Communications............................................................. Electric, gas, and sanitary services............................. Wholesale and retail trade.................................................. Excluding sales occupations........................................ Wholesale trade................................................................. Excluding sales occupations........................................ Retail trade......................................................................... General merchandise stores.......................................... Food stores....................................................................... 147.4 147.7 149.3 150.3 141.8 143.6 143.9 140.4 148.6 148.4 148.9 145.6 146.4 150.0 149.6 143.2 139.7 140.1 149.1 149.4 151.0 152.1 143.1 145.1 145.7 141.8 150.9 150.9 151.0 147.3 148.1 151.8 151.1 144.8 141.0 142.5 150.6 151.1 152.6 153.9 144.5 146.3 147.4 142.8 153.5 153.9 152.9 148.3 149.6 152.1 152.7 146.2 142.2 143.4 151.7 152.2 153.7 155.1 145.3 147.9 148.3 143.9 154.1 154.7 153.4 149.4 150.6 154.4 154.9 146.6 144.4 153.8 154.6 155.8 157.5 147.7 149.6 150.5 145.4 157.3 158.3 156.0 151.0 152.6 155.1 156.9 148.7 147.3 146.1 155.3 156.0 157.4 159.1 148.7 150.8 152.4 146.9 159.8 161.1 158.1 152.6 153.9 157.8 158.5 149.7 149.4 148.2 156.9 157.8 159.0 160.9 150.9 152.2 153.5 148.2 160.7 162.8 158.1 153.7 155.4 158.6 160.0 150.9 149.7 149.7 158.2 159.0 160.3 162.2 151.0 154.2 155.5 151.1 161.5 163.4 159.1 155.5 159.5 160.6 153.2 150.9 151.7 159.9 160.9 162.1 164.1 153.2 155.9 157.3 152.5 163.9 166.0 161.3 156.5 161.9 162.3 153.5 152.4 152.9 1.1 1.2 1.1 1.2 1.2 1.1 1.2 .9 1.5 1.6 1.4 .6 1.5 1.1 .2 1.0 .8 4.0 4.1 4.0 4.2 3.7 4.2 4.5 4.9 4.2 4.9 3.4 3.6 4.4 3.4 3.2 3.5 4.7 Workers, by occupational group: White-collar workers................................................................. Professional specialty and technical................................... Workers, by industry division: Excluding sales occupations.............................................. Workers, by occupational group: 144.5 See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 97 Current Labor Statistics: Compensation & Industrial Relations 25. Continued—Employment Cost Index, compensation,1 by occupation and industry group [June 1989 = 100] 2000 2001 2002 Series Mar. June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 Finance, insurance, and real estate.................................. 152.0 153.1 155.2 155.7 157.9 159.5 160.9 161,3 165.2 2.4 4.6 Excluding sales occupations......................................... Banking, savings and loan, and other credit agencies. Insurance............................................................................. Services.................................................................................. 155.5 164.2 151.3 151.2 156.3 147.5 147.5 154.9 155.5 157.4 165.8 154.8 152.9 157.5 149.0 149.2 158.8 158.6 158.4 166.5 155.2 154.1 158.4 161.2 170.8 157.6 156.5 160.5 152.7 153.5 162.3 162.2 163.1 172.7 159.3 157.8 163.0 154.7 155.9 162.6 162.6 164.7 175.4 159.9 160.0 165.2 156.8 158.4 166.4 166.2 165.0 174.5 161.3 161.0 166.2 158.4 160.3 167.6 167.5 169.8 182.1 164.0 162.6 166.3 160.6 162.8 168.5 168.1 2.9 4.5 1.7 1.0 .1 Health services................................................................... Hospitals............................................................................ Educational services.......................................................... Colleges and universities................................................ 154.2 162.7 149.9 149.4 154.2 145.8 145.8 154.0 154.6 1.4 1.6 .5 .4 5.3 6.6 4.1 3.9 36 5.2 6.1 3.8 3.6 Nonmanufacturing................................................................ 146.7 148.4 150.0 151.1 153.1 154.7 156.3 157.6 159.3 1.1 4.0 White-collar workers.......................................................... Excluding sales occupations........................................ Blue-collar occupations..................................................... Service occupations.......................................................... 149.2 150.2 140.6 143.5 151.0 152.0 142.3 145.1 152.6 153.8 143.9 146.3 153.7 155.1 144.8 147.8 155.8 157.5 146.9 149.5 157.5 159.1 148.1 150.7 159.0 160.9 150.2 152.1 160.5 162.3 150.6 154.1 162.2 164.2 152.2 155.9 1.1 1.2 1.1 1.2 4.1 4.3 3.6 4.3 S t a t e a n d lo c a l g o v e r n m e n t w o r k e r s .............................................. 145.5 145.9 147.8 148.9 150.3 151.2 154.3 155.2 156.1 .6 3.9 144.9 144.1 147.0 145.9 143.7 145.3 144.5 147.2 146.5 144.2 147.3 146.6 149.2 148.3 145.9 148.3 147.4 150.7 149.4 147.2 149.5 148.4 152.4 150.7 148.6 150.4 149.2 153.7 151.6 149.0 153.7 152.8 156.4 154.2 151.5 154.4 153.2 157.6 155.6 153.2 155.2 153.6 159.5 156.9 154.0 .5 .3 1.2 .8 .5 3.8 3.5 4.7 4.1 3.6 3.7 150.6 151.1 159.9 159.2 Workers, by occupational group: White-collar workers................................................................. Professional specialty and technical................................... Executive, administrative, and managerial......................... Workers, by industry division: Services.................................................................................... 145.2 145.5 148.0 148.9 149.9 150.6 154.4 154.9 155.5 .4 Services excluding schools5................................................ Health services................................................................... Hospitals........................................................................... Educational services......................................................... Schools............................................................................. Elementary and secondary......................................... Colleges and universities............................................ 145.2 145.8 147.6 148.8 150.1 151.9 154.5 156.1 157.9 1.2 5.2 147.3 147.9 145.0 145.3 144.5 147.4 147.9 148.4 145.2 145.5 144.7 147.6 150.0 150.7 147.9 148.2 147.3 150.5 151.6 152.0 148.7 149.0 148.1 151.7 152.1 152.2 149.6 149.9 148.5 153.7 154.4 154.7 150.1 150.5 149.0 154.3 157.1 157.4 154.1 154.4 152.8 153.8 158.5 159.1 154.5 154.8 153.1 159.6 160.4 160.7 154.8 155.1 153.4 160.0 1.1 1.0 .2 .2 .2 .3 5.5 5.6 3.5 3.5 3.3 4.1 Public administration ............................................................. 145.7 146.1 146.9 148.3 150.6 151.9 151.9 155.2 156.5 .8 3.9 1 Cost (cents per hour worked) measured in the Employment Cost Index consists of wages, salaries, and employer cost of employee benefits. 2 Consists of private industry workers (excluding farm and household workers) and State and local government (excluding Federal Government) workers. 98 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 3 Consists of legislative, judicial, administrative, and regulatory activities. 4 This series has the same industry and occupational coverage as the Hourly Earnings index, which was discontinued in January 1989. 5 includes, for example, library, social, and health services. 26. Employment Cost Index, wages and salaries, by occupation and industry group [June 1989 = 100] 2000 2002 2001 Series Mar. Civilian workers1.............................................................. June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 144.0 145.4 147.0 147.9 149.5 150.8 152.3 153.4 154.8 0.9 3.5 White-collar workers................................................................. Professional specialty and technical................................... Executive, adminitrative, and managerial........................... Administrative support, including clerical........................... Blue-collar workers.................................................................. Service occupations................................................................. 146.2 144.9 148.6 145.5 139.2 143.0 147.6 146.4 149.9 146.9 140.6 144.0 149.2 148.3 151.6 148.5 142.0 145.7 150.2 149.6 152.4 149.6 142.9 147.1 151.7 151.1 154.0 151.6 144.7 148.6 153.1 152.155.8 152,7 146.0 149.7 154.5 154.2 156.7 154.6 147.6 151.2 155.6 155.1 158.1 155.7 148.5 153.0 157.0 155.6 160.7 157.3 149.7 154.2 .9 .3 1.6 1.0 .8 .8 3.5 3.0 4.4 3.8 3.5 3.8 Workers, by industry division: Goods-producing...................................................................... Manufacturing......................................................................... Service-producing.................................................................... Services................................................................................... Health services..................................................................... Hospitals.............................................................................. Educational services........................................................... 141.3 142.9 145.0 146.6 143.8 142.6 145.3 143.0 144.4 146.3 147.9 145.3 143.8 145.6 144.3 145.7 148.0 149.9 146.7 145.6 148.9 145.3 146.5 148.9 151.0 148.3 147.3 149.6 147.0 148.5 150.5 152.6 149.8 148.8 150.5 147,6 150.0 151.7 153.6 151.8 151.2 151.0 149.5 150.7 153.4 156.2 153.7 15.5 154.6 150.5 151.7 154.5 157.1 155.5 155.5 155.1 151.8 153.1 155.9 158.1 157.3 157.2 155.3 .9 .9 .9 .6 1.2 1.1 .1 3.3 3.1 3.6 3.6 5.0 5.6 3.2 142.5 144.2 142.9 145.5 144.6 147.2 146.1 148.1 147.6 149.7 148.7 149.7 150.3 152.6 151.6 153.8 152.5 155.0 .6 .8 3.3 3.5 143.9 143.5 145.4 145.1 146.8 146.5 147.7 147.6 149.4 149.5 150.9 150.8 152.1 152.2 153.3 153.3 154.7 154.9 .9 1.0 3.5 3.6 146.6 146.7 145.1 149.2 146.7 146.0 139.1 138.9 140.7 134.1 141.8 148.3 148.5 147.3 150.7 147.9 147.5 140.5 140.6 141.6 135.2 143.6 149.7 149.9 148.6 152.3 149.0 149.1 141.9 142.0 142.9 136.5 145.0 150.6 151.1 150.2 153.0 148.7 150.1 142.8 142.8 143.7 137.6 146.2 152.3 153.0 152.1 154.7 149.2 152.3 144.6 144.6 145.6 139.5 148.0 153.8 154.4 153.2 156.5 151.5 153.6 145.9 145.7 146.9 140.7 149.8 154.8 155.7 154.8 157.2 151.2 155.3 147.5 147.7 148.1 142.1 151.0 156.1 156.9 155.9 158.6 152.6 156.5 148.3 148,4 149.0 142.8 152.4 157.7 158.6 156.7 161.3 153.6 158.2 149.6 149.2 150.5 144.8 154.2 1.0 1.1 .5 1.7 .7 1.1 .9 .5 1.0 1.4 1.2 3.5 3.7 3.0 4.3 2.9 3.9 3.5 3.2 3.4 3.8 4.2 Service occupations............................................................... 141.0 142.5 143.5 144.9 146.4 147.5 148.7 150.6 152.0 .9 3.8 Production and nonsupervisory occupations3.................. 142.1 143.7 145.0 146.0 147.7 149.0 150.3 151.5 152.7 .8 3.4 141.3 140.5 145.0 143.2 139.0 136.0 142.9 145.8 143.7 140.8 143.0 142.7 143.0 142.1 146.8 144.9 140.5 138.0 144.4 147.7 145.6 142.0 144.7 143.9 144.3 143.4 147.9 146.0 142.0 139.4 145.7 148.7 146.6 143.4 146.1 145.0 145.2 144.6 148.7 147.2 143.1 140.7 146.5 149.2 147.5 144.6 147.3 145.4 147.0 146.3 150.5 148.9 144.7 142.1 148.5 151.1 149.9 146.4 149.0 147.5 148.6 147.8 152.3 150.5 146.1 143.9 150.0 152.7 150.5 147.8 150.5 149.0 149.5 148.7 152.6 150.8 147.4 145.1 150.7 152.8 150.5 149.1 151.5 149.3 150.5 149.7 153.6 151.7 148.4 146.3 151.7 153.3 151.0 150.3 151.7 153.9 151.7 150.9 155.0 152.9 149.6 147.0 153.1 154.9 152.3 151.7 153.9 151.9 .8 .8 .9 .8 .8 .5 .9 1.0 .9 .9 .9 1.1 3.2 3.1 3.0 2.7 3.4 3.4 3.1 2.5 2.1 3.6 3.3 3.0 145.0 145.3 146.9 147.8 139.1 141.1 138.5 134.9 143.2 143.4 143.0 143.8 145.2 147.4 147.9 142.1 137.8 136.7 146.5 146.9 148.5 149.6 140.3 142.5 140.0 136.2 144.9 145.0 144.7 145.5 146.8 149.4 149.7 143.5 138.5 139.5 147.9 148.3 150.0 151.2 141.6 143.5 141.3 137.4 146.4 146.7 145.9 146.4 148.2 149.6 151.3 144.8 139.7 140.2 148.9 149.4 150.9 152.3 142.2 144.8 142.3 138.6 147.1 147.4 146.6 147.4 149.0 151.6 153.2 145.2 142.2 141.6 150.5 151.3 152.5 154.3 144.3 146.1 143.7 139.8 148.7 149.2 148.1 148.4 150.7 151.6 154.9 146.9 143.8 143.3 151.9 152.6 154.0 155.6 145.3 147.2 145.7 141.6 151.0 151.8 149.9 150.1 151.9 154.5 156.5 147.8 145.5 144.5 153.2 154.2 155.2 157.2 147.5 148.4 146.7 142.6 152.0 153.3 150.4 150.6 153.1 154.1 157.4 148.8 145.7 145.7 151.9 156.1 157.2 158.2 148.1 149.4 149.2 145.7 153.6 155.2 151.7 152.1 154.8 157.9 150.7 146.5 146.7 156.1 157.2 158.2 160.4 149.4 151.6 150.5 147.4 154.3 155.3 153.0 153.0 157.2 159.4 150.9 147.9 148.0 1.0 1.1 1.1 1.1 .9 .9 .9 1.2 .5 .1 .9 .6 1.6 .9 .1 1.0 .9 3.7 3.9 3.7 4.0 3.5 3.8 4.7 5.4 3.8 4.1 3.3 3.1 3.7 2.9 2.7 2.9 3.3 Workers, by occupational group: Public administration ............................................................. Nonmanufacturing.................................................................... P r iv a te in d u s t r y w o r k e r s ..................................................................... Excluding sales occupations.............................................. Workers, by occupational group: White-collar workers............................................................... Excluding sales occupations............................................ Professional specialty and technical occupations........... Executive, adminitrative, and managerial occupations.. Sales occupations................................................................ Administrative support occupations, including clerical... Blue-collar workers................................................................ Precision production, craft, and repair occupations....... Machine operators, assemblers, and inspectors............ Transportation and material moving occupations........... Handlers, equipment cleaners, helpers, and laborers.... Workers, by industry division: Goods-producing.................................................................... Excluding sales occupations........................................ Excluding sales occupations........................................ Construction.......................................................................... Manufacturing....................................................................... White-collar occupations.................................................. Excluding sales occupations........................................ Durables................................................................................ Service-producing................................................................... Excluding sales occupations........................................ Excluding sales occupations........................................ Transportation and public utilities..................................... Transportation..................................................................... Public utilities...................................................................... Communications............................................................. Wholesale and retail trade.................................................. Excluding sales occupations........................................ Wholesale trade................................................................. Excluding sales occupations........................................ General merchandise stores.......................................... Food stores....................................................................... * See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 99 Current Labor Statistics: Compensation & Industrial Relations 26. Continued—Employment Cost Index, wages and salaries, by occupation and industry group [June 1989 = 100] 2002 2001 2000 Series Mar. June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 Health services................................................................... Hospitals............................................................................ Educational services......................................................... Colleges and universities................................................ 148.7 150.2 162.0 145.5 147.4 152.0 143.5 141.8 148.9 148.9 149.5 151.5 163.3 146.6 149.1 154.1 145.3 143.3 149.6 149.4 151.7 153.3 165.0 150.7 150.6 155.3 146.6 144.9 153.4 152.5 151.7 154.1 165.7 150.8 151.8 156.0 148.1 146.8 154.3 152.9 153.9 156.6 169.4 152.4 153.8 158.2 149.8 148.5 155.4 154.1 154.6 157.6 170.8 153.3 155.0 160.8 151.8 151.0 156.1 155.0 155.8 159.1 173.2 153.6 157.1 162.8 153.6 153.3 159.6 158.4 156.0 159.1 171.7 155.0 158.2 163.7 155.4 155.4 160.5 159.6 160.3 164.5 181.2 157.1 159.5 164.0 157.3 157.1 161.2 159.9 2.8 3.4 5.5 1.4 .8 .2 1.2 1.1 .4 .2 4.2 5.0 7.0 3.1 3.7 3.7 5.0 5.8 3.7 3.8 Nonmanufacturing................................................................ White-collar workers.......................................................... Excluding sales occupations........................................ Blue-collar occupations..................................................... Service occupations.......................................................... 143.9 146.5 147.4 137.4 140.9 145.5 148.2 149.1 138.9 142.4 146.9 149.6 150.7 140.3 143.4 147.9 150.6 151.9 140.9 144.7 149.5 152.3 153.9 142.8 146.0 150.9 153.8 155.3 143.9 147.1 152.2 155.0 156.9 145.8 148.2 153.5 156.4 158.3 146.4 150.1 155.0 158.0 160.1 147.5 151.4 1.0 1.0 1.1 .8 .9 3.7 3.7 4.0 3.3 3.7 State and local government workers............................... 144.3 144.7 147.2 148.3 150.2 151.2 154.3 155.2 156.1 .5 3.4 144.1 144.3 144.9 142.4 141.5 144.5 144.7 145.1 143.0 142.1 147.1 147.4 147.3 145.0 143.9 148.0 148.2 148.8 146.2 145.1 149.0 149.1 150.1 147.0 146.0 149.8 149.8 151.5 147.6 146.5 152.7 153.0 153.9 149.8 149.1 153.3 153.4 155.1 150.9 150.8 153.9 153.6 156.6 151.9 151.6 .4 .1 1.0 .7 .5 3.3 3.0 4.3 3.3 3.8 Finance, insurance, and real estate.................................. Excluding sales occupations......................................... Banking, savings and loan, and other credit agencies. Insurance............................................................................. Services................................................................................. Workers, by occupational group: White-collar workers................................................................. Professional specialty and technical................................... Executive, administrative, and managerial......................... Workers, by industry division: Services.................................................................................... 144.6 144.9 147.9 148.7 149.5 150.2 153.7 154.2 154.6 .3 3.4 Health services................................................................... Hospitals.......................................................................... Educational services......................................................... Schools............................................................................ Elementary and secondary......................................... Colleges and universities............................................ 144.3 145.3 145.3 144.5 144.7 144.5 144.9 144.8 145.7 145.6 144.8 144.9 144.6 145.6 146.7 147.7 147.7 148.0 148.1 147.9 148.3 147.9 149.3 149.2 148.7 148.9 148.5 149.5 149.1 149.9 149.5 149.5 149.7 149.0 151.4 150.7 151.9 151.8 150.0 150.2 149.5 151.8 153.2 154.2 154.2 153.6 153.8 152.8 156.5 154.9 155.8 155.7 154.0 154.1 153.1 156.7 156.7 157.8 157.7 154.2 154.3 153.4 156.8 1.2 1.3 1.3 .1 .1 .2 .1 5.1 5.3 5.5 3.1 3.1 3.0 3.6 Public administration ............................................................. 142.5 142.9 144.6 146.1 147.6 148.7 150.3 151.6 152.5 .6 3.3 Services excluding schools4................................................ 1 Consists of private industry workers (excluding farm and household workers) and State and local government (excluding Federal Government) workers. 3 This series has the same industry and occupational coverage as the Hourly Earnings index, which was discontinued in January 1989. 2 Consists of legislative, judicial, administrative, and regulatory activities. 4 Includes, for example, library, social, and health services. 27. Employment Cost Index, benefits, private industry workers by occupation and industry group [June 1989 = 100] 2002 2001 2000 Series Mar. June Sept. Dec. Mar. June Sept. Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 153.8 155.7 157.5 158.6 161.5 163.2 165.2 166.7 169.3 1.6 4.8 156.3 150.0 158.5 151.6 160.4 153.1 161.5 154.1 165.2 155.7 167.4 156.7 169.5 158.3 171.2 159.2 173.5 162.2 1.3 1.9 5.0 4.2 152.3 154.0 152.3 154.0 154.2 156.0 153.9 156.1 155.7 157.9 154.9 158.1 156.2 159.4 154.8 159.7 158.5 162.6 157.1 162.9 159.6 164.6 157.9 164.9 160.8 167.1 158.5 167.4 162.6 168.4 160.4 168.6 165.8 170.7 163.7 171.1 2.0 1.4 2.1 1.4 4.6 5.0 4.2 5.0 Workers, by occupational group: Workers, by industry division: Nonmanufacturing................................................................... 100 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 28. Employment Cost Index, private nonfarm workers by bargaining status, region, and area size [June 1989 = 100] 2002 2001 2000 Series Mar. June Sept. Dec. Mar. Sept. June Dec. Mar. Percent change 12 3 months months ended ended Mar. 2002 C O M P E N S A T IO N W o r k e r s , b y b a r g a in in g s ta t u s 1 Union................................................................................................ Goods-producing........................................................................ Service-producing...................................................................... Manufacturing............................................................................. Nonmanufacturing...................................................................... 143.0 143.3 142.5 144.5 141.7 144.4 144.8 143.9 145.4 143.4 146.1 146.8 145.2 147.1 145.0 146.9 147.3 146.4 147.4 146.2 147.9 147.9 147.6 147.9 147.3 149.5 149.3 149.5 148.8 149.4 151.0 150.6 151.2 149.9 151.1 153.1 151.6 154.2 151.4 153.5 154.8 153.4 156.0 153.4 155.0 1.1 1.1 1.2 1.3 1.0 4.7 3.7 5.7 3.7 5.2 Nonunion.......................................................................................... Goods-producing....................................................................... Service-producing...................................................................... Manufacturing............................................................................. Nonmanufacturing...................................................................... 147.4 145.4 148.0 146.5 147.4 149.1 147.2 149.6 148.2 149.1 150.6 148.4 151.2 149.2 150.7 151.6 149.3 152.3 149.9 151.8 153.8 151.6 154.4 152.4 153.9 155.3 153.1 155.9 153.7 155.4 156.7 154.0 157.5 154.4 157.0 157.8 155.3 158.6 155.5 158.2 159.6 157.2 160.3 157.6 159.9 1.1 1.2 1.1 1.4 1.1 3.8 3.7 3.8 3.4 3.9 146.3 145.0 148.9 147.0 147.6 146.7 150.7 148.8 149.3 147.6 152.2 150.8 150.3 148.6 153.3 151.8 151.6 151.1 154.8 154.3 153.7 152.3 156.0 156.0 155.2 153.5 157.4 157.6 156.3 154.6 158.6 159.4 158.3 156.2 161.1 160.4 1.3 1.0 1.6 .6 4.4 3.4 4.1 4.0 146.9 146.0 148.6 147.7 150.1 148.8 151.0 150.3 153.1 152.1 154.6 153.7 156.0 154.8 157.4 155.6 159.1 157.5 1.1 1.2 3.9 3.6 Union................................................................................................ Goods-producing........................................................................ Service-producing...................................................................... Manufacturing............................................................................ 137.2 137.2 137.6 138.8 136.4 138.5 138.4 138.9 139.7 137.8 140.0 140.2 140.1 141.4 139.2 141.2 141.3 141.5 142.6 140.4 142.1 142.4 142.2 143.9 141.1 143.7 144.2 143.7 145.5 142.7 145.1 145.3 145.4 146.7 144.3 147.4 146.3 148.9 148.0 147.1 148.4 147.2 150.0 149.0 148.1 .7 .6 .7 .7 .7 4.4 3.4 5.5 3.5 5.0 Nonunion.......................................................................................... Goods-producing........................................................................ Service-producing...................................................................... Manufacturing............................................................................ Nonmanufacturing..................................................................... 145.1 142.9 145.8 144.4 145.0 146.7 144.7 147.3 146.1 146.6 148.1 145.8 148.7 147.2 148.0 149.0 146.8 149.6 148.0 148.9 150.8 148.8 151.4 150.1 150.7 152.2 150.3 152.7 151.6 152.0 153.4 151.1 154.1 152.2 153.3 154.4 152.1 155.1 153.1 154.4 155.9 153.5 156.7 154.7 155.9 1.0 .9 1.0 1.0 1.0 3.4 3.2 3.5 3.1 3.5 142.3 143.0 145.3 144.7 143.7 144.6 147.1 146.3 145.3 145.3 148.6 148.2 146.0 146.3 149.6 149.2 147.3 148.3 150.9 151.3 149.2 149.3 152.3 152.S 150.6 150.2 153.6 154.3 151.7 151.2 154.7 156.0 153.5 152.5 157.1 156.4 1.2 .9 1.6 .3 4.2 2.8 4.1 3.4 144.1 142.2 145.7 143.7 147.1 144.7 148.0 146.0 149.8 147.4 151.2 148.8 152.4 149.7 153.7 150.5 155.1 151.7 .9 .8 3.5 2.9 W o r k e r s , b y r e g io n 1 Northeast........................................................................................ South............................................................................................... Midwest (formerly North Central)............................................... W o r k e r s , b y a r e a s iz e 1 Metropolitan areas......................................................................... W A G E S A N D S A L A R IE S W o r k e r s , b y b a r g a in in g s ta t u s 1 W o r k e r s , b y r e g io n 1 Northeast....................................................................................... South............................................................................................... Midwest (formerly North Central)............................................... W o r k e r s , b y a r e a s iz e 1 Metropolitan areas........................................................................ Other areas.................................................................................... 1 The indexes are calculated differently from those for the occupation and industry groups. For a detailed description of the index calculation, see the Monthly Labor Review Technical Note, "Estimation procedures for the Employment Cost Index," May 1982. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 101 Current Labor Statistics: Compensation & Industrial Relations 29. Percent of full-time employees participating in employer-provided benefit plans, and in selected features within plans, medium and large private establishments, selected years, 1980-97 Item 1980 Scope of survey (in 000's)........................................... Number of employees (in 000’s): With medical care...................................................... With life insurance..................................................... With defined benefit plan.......................................... 1982 1984 1986 1988 1989 1991 1993 1995 1997 21,352 21,043 21,013 21,303 31,059 32,428 31,163 28,728 33,374 38,409 20,711 20,498 17,936 20,412 20,201 17,676 20,383 20,172 17,231 20,238 20,451 16,190 27,953 28,574 19,567 29,834 30,482 20,430 25,865 29,293 18,386 23,519 26,175 16,015 25,546 29,078 17,417 29,340 33,495 19,202 Participants with: Paid lunch time........................................................... Average minutes per day........................................ Paid rest time............* ............................................... Average minutes per day........................................ Paid funeral leave...................................................... Average days per occurrence................................. Paid holidays............................................................... Average days per year............................................ 10 75 99 10.1 9 26 73 26 - 8 30 67 28 80 3.3 92 10.2 21 3.3 80 3.3 89 9.1 81 3.7 89 9.3 23 3.6 99 100 98 96 21 3.1 97 22 3.3 96 20 3.5 99 10 26 71 26 84 3.3 97 9.2 22 3.1 97 9 29 68 26 83 3.0 91 9.4 20 100 10 27 72 26 88 3.2 99 10.0 25 3.7 11 29 72 26 85 3.2 96 9.4 Paid personal leave.................................................... Average days per year............................................ Paid vacations............................................................ 9 25 76 25 99 10.0 24 3.8 Paid sick leave1......................................................... Unpaid maternity leave............................................. Unpaid paternity leave............................................... Unpaid family leave................................................... 62 - 67 - 67 - 70 - 69 33 16 68 37 18 67 37 26 65 60 53 58 56 - - - - - - - - 84 93 97 97 97 95 90 92 83 82 77 76 58 62 46 62 8 66 70 18 76 79 28 75 80 28 81 80 30 86 82 42 78 73 56 85 78 63 26 46 27 51 43 $12.80 63 $41.40 44 $19.29 64 $60.07 47 $25.31 66 $72.10 51 $26.60 69 $96.97 61 $31.55 76 $107.42 67 $33.92 78 $118.33 69 $39.14 80 $130.07 Time-off plans 99 9.8 24 3.3 95 In s u ra n c e p la n s Participants in medical care plans.............................. Percent of participants with coverage for: Home health care..................................................... Extended care facilities........................................... Physical exam.......................................................... Percent of participants with employee contribution required for: Self coverage........................................................... Average monthly contribution................................ Family coverage...................................................... Average montmy contribution................................ - - 36 $11.93 58 $35.93 96 96 96 96 92 94 94 91 87 87 69 72 74 - - - 64 64 72 10 59 78 8 49 71 7 42 71 6 44 76 5 41 77 7 37 74 6 33 40 41 42 43 45 44 53 55 Participants in life insurance plans............................. Percent of participants with: Accidental death and dismemberment insurance.................................................................. Survivor income benefits.......................................... Retiree protection available...................................... Participants in long-term disability insurance plans......................................................... Participants in sickness and accident insurance plans.......................................................... 40 43 47 48 42 45 54 51 51 49 46 43 Participants in short-term disability plans ' ................. - - - - - - - - R e tir e m e n t p la n s Participants in defined benefit pension plans........... 84 84 82 76 63 63 59 56 52 50 Percent of participants with: Normal retirement prior to age 65........................... Early retirement available........................................ Ad hoc pension increase In last 5 years................. Terminal earnings formula...................................... Benefit coordinated with Social Security................ 55 98 53 45 58 97 52 45 63 97 47 54 56 64 98 35 57 62 59 98 26 55 62 62 97 22 64 63 55 98 7 56 54 52 95 6 61 48 52 96 4 58 51 52 95 10 56 49 - - - 60 45 48 48 49 55 57 33 36 41 44 43 54 55 Participants in defined contribution plans................... Participants in plans with tax-deferred savings arrangements............................................................. O th e r b e n e fits Employees eligible for: Flexible benefits plans............................................... Reimbursement accounts2....................................... “ “ Premium conversion plans........................................ The definitions for paid sick leave and short-term disability (previously sickness and accident insurance) were changed for the 1995 survey. Paid sick leave now includes only plans that specify either a maximum number of days per year or unlimited days. Shortterms disability now includes all insured, self-insured, and State-mandated plans available on a per-disability basis, as well as the unfunded per-disability plans previously reported as sick leave. Sickness and accident insurance, reported in years prior to this survey, Included only insured, self-insured, and State-mandated plans providing per-disability bene 102 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 2 5 9 10 12 12 13 5 12 23 36 52 38 5 32 7 fits at less than full pay. 2 Prior to 1995, reimbursement accounts included premium conversion plans, which specifically allow medical plan participants to pay required plan premiums with pretax dollars. Also, reimbursement accounts that were part of flexible benefit plans were tabulated separately. No te : Dash indicates data not available. 30. Percent of full-time employees participating In employer-provided benefit plans, and in selected features within plans, small private establishments and State and local governments, 1987, 1990,1992, 1994, and 1996 State and local governments Small private establishments Item 1994 1992 1990 1987 1996 1994 1992 1990 Scope of survey (in 000's)........................................... 32,466 34,360 35,910 39,816 10,321 12,972 12,466 12,907 Number of employees (in 000’s): With medical care..................................................... With life insurance..................................................... With defined benefit plan.......................................... 22,402 20,778 6,493 24,396 21,990 7,559 23,536 21,955 5,480 25,599 24,635 5,883 9,599 8,773 9,599 12,064 11,415 11,675 11,219 11,095 10,845 11,192 11,194 11,708 Participants with: Paid lunch time........................................................... Average minutes per day........................................ Paid rest time.............................................................. Average minutes per day........................................ Paid funeral leave...................................................... Average days per occurrence................................. Paid holidays............................................................... 8 37 48 27 47 2.9 84 9 37 49 26 50 3.0 82 50 3.1 82 51 3.0 80 17 34 58 29 56 3.7 81 11 36 56 29 63 3.7 74 10 34 53 29 65 3.7 75 62 3.7 73 Average days per year1........................................... Paid personal leave.................................................... Average days per year............................................ Paid vacations............................................................ 9.5 11 2.8 88 9.2 12 2.6 88 7.5 13 2.6 88 7.6 14 3.0 86 10.9 38 2.7 72 13.6 39 2.9 67 14.2 38 2.9 67 11.5 38 3.0 66 Paid sick leave2......................................................... 47 53 50 50 97 95 95 94 Unpaid leave............................................................... Unpaid paternity leave............................................... Unpaid family leave.................................................... 17 8 18 7 47 48 57 30 51 33 59 44 93 69 71 66 64 93 93 90 87 80 84 28 _ _ Physical exam.......................................................... 79 83 26 76 78 36 82 79 36 87 84 47 84 81 55 Percent of participants with employee contribution required for: Self coverage........................................................... Average monthly contribution............................... Family coverage...................................................... 42 $25.13 67 47 $36.51 73 52 $40.97 76 52 $42.63 75 35 $15.74 71 38 $25.53 65 43 $28.97 72 47 $30.20 71 Average monthly contribution................................ $109.34 $150.54 $159.63 $181.53 $71.89 $117.59 $139.23 $149.70 Participants in life insurance plans............................. Percent of participants with: Accidental death and dismemberment insurance................................................................. 64 64 61 62 85 88 89 87 78 1 19 76 1 25 79 2 20 77 1 13 67 1 55 67 1 45 74 1 46 64 2 46 19 23 20 22 31 27 28 30 - 14 21 22 21 - - - - T im e -o ff p la n s In s u ra n c e p la n s Participants in medical care plans.............................. Percent of participants with coverage for: Home health care..................................................... Retiree protection available...................................... Participants in long-term disability insurance plans......................................................... Participants in sickness and accident insurance plans.......................................................... 6 26 26 - - - Participants in defined benefit pension plans........... 20 22 15 15 93 90 87 91 Percent of participants with: Normal retirement prior to age 65.......................... Early retirement available....................................... Ad hoc pension increase in last 5 years................ Terminal earnings formula...................................... Benefit coordinated with Social Security............... 54 95 7 58 49 50 95 4 54 46 - 92 90 33 100 18 89 - 47 92 53 44 92 89 10 100 10 92 87 13 99 49 31 33 34 38 9 9 9 9 28 28 45 45 24 Participants in short-term disability plans 2................. 29 R e tire m e n t p la n s Participants in defined contribution plans.................. Participants in plans with tax-deferred savings arrangements........................................................... 17 24 23 88 16 100 8 O th e r b e n e fits Employees eligible for: Flexible benefits plans............................................... Reimbursement accounts 3....................................... Premium conversion plans ...................................... 1 2 3 4 5 5 5 5 8 14 19 12 5 31 50 64 7 1 Methods used to calculate the average number of paid holidays were revised in 1994 to count partial days more precisely. Average holidays for 1994 are not comparable with those reported in 1990 and 1992. Sickness and accident insurance, reported in years prior to this survey, included only insured, self-insured, and State-mandated plans providing per- 2 The definitions for paid sick leave and short-term disability (previously sickness and accident insurance) were changed for the 1996 survey. Paid sick leave now includes only plans that specify either a maximum number of days per year or unlimited days. Short-term disability now includes all insured, self- 3 Prior to 1996, reimbursement accounts included premium conversion plans, which specifically allow medical plan participants to pay required plan premiums with pretax dollars. Also, reimbursement accounts that were part of insured, and State-mandated plans available on a per-disability basis, as well as the unfunded per-disability plans previously reported as sick leave. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis disability benefits at less than full pay. flexible benefit plans were tabulated separately. NOTE: Dash indicates data not available. Monthly Labor Review July 2002 103 Current Labor Statistics: Compensation & industrial Relations 31. Work stoppages involving 1,000 workers or more Measure Annual totals 2000 2001 2001 May June July Aug. 2002p Sept. Oct. Nov. Dec. Jan Feb Mar Apr May Number of stoppages: Beginning in period............................... 39 29 7 3 2 3 2 1 0 2 In effect during period.......................... 40 30 8 5 3 4 3 4 1 2 0 1 1 1 2 3 2 1 3 5 Workers involved: Beginning in period (in thousands).... 394 99 22.1 4.7 2.2 5.8 3.0 24.9 .0 6.0 .0 1.5 2.9 4.1 5.1 In effect during period (in thousands). 397 102 23.4 9.0 3.3 6.9 4.1 29.0 1.6 6.0 1.0 2.5 2.9 7.0 9.2 Number (in thousands)........................ 20,419 1,151 201.6 73.2 62.1 71.5 55.7 316.4 11.2 55.0 21.0 9.0 43.5 80.7 138.2 Percent of estimated workina time1.... .06 .00 .01 <2) (2) (2) .01 (2) <2) ,00 ,00 ,00 ,00 .00 Days idle: (2)l ' Agricultural and government employees are included in the total employed and total working time; private household, forestry, and fishery employees are excluded. An explanation of the measurement of idleness as a percentage of the total time worked is found in " Total economy’ measures of strike idleness," Monthly Labor Review, October 1968, pp. 54— 56. 2 Less than 0.005. p = preliminary. NOTE: Dash indicates data not available. 104 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 32. Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group [1 982-84 = 100, unless otherwise indicated] Series 2000 2001 2002 2001 Annual average May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May C O N S U M E R P R IC E IN D E X FOR A LL URBAN CO NSUM ERS All Items...................................................................... All items (1967 - 100)............................................... 172.2 515.8 177.1 530.4 177.7 532.2 178.0 533.3 177.5 531.6 177.5 531.8 178.3 534.0 177.7 532.2 177.4 531.3 176.7 5292.0 530.6 177.8 532.7 178.8 535.5 179.8 538.6 179.8 538.5 Food and beverages................................................ 168.4 167.8 167.9 188.3 154.5 173.6 173.1 173.4 173.4 173.0 173.3 194.2 161.7 174.0 173.5 173.9 194.9 162.3 174.4 173.9 174.2 195.9 162.4 174.6 174.1 174.3 195.1 162.4 175.3 174.9 175.2 195.2 163.5 175.2 174.6 174.7 194.9 162.7 175.2 174.7 174.7 195.3 162.0 176.2 175.8 176.2 196.7 162.1 176.4 175.9 176.0 197.6 161.8 176.6 176.1 176.3 193.8 161.3 172.9 172.5 172.8 193.2 160.8 197.0 162.8 176.7 176.2 176.4 198.1 162.5 175.8 175.5 198.2 162.4 160.7 204.6 167.1 212.2 164.7 213.1 166.9 211.8 168.3 210.7 168.9 208.8 169.4 212.1 170.8 213.5 171.2 212.9 170.8 214.4 169.9 224.8 170.1 223.3 169.4 225.8 168.7 223.4 169.0 221.0 139.2 Fats and oils...................................................... Other foods........................................................ 137.8 155.6 154.0 147.4 172.2 159.6 155.7 155.7 138.6 159.5 155.7 156.7 175.7 138.9 160.4 156.1 157.8 176.8 140.0 161.0 156.1 158.5 177.6 139.2 160.2 156.6 158.5 176.2 139.9 160.9 156.4 159.5 177.0 139.5 160.3 154.9 155.6 177.6 18.5 160.9 156.1 156.9 177.9 139.5 161.3 158.4 158.3 177.4 140.0 160.4 158.5 157.2 176.3 140.1 159.9 157.2 156.4 176.0 138.1 159.6 155.8 154.7 176.4 175.9 140.1 161.5 159.6 156.5 177.8 138.0 160.0 157.9 155.9 176.1 Other miscellaneous foods1,2......................... 107.5 108.9 108.8 107.7 109.6 109.5 108.9 108.9 110.6 108.5 108.9 108.0 107.8 108.0 108.9 Food away from home1.......................................... 169.0 173.9 173.1 173.6 174.1 174.7 175.1 176.4 177.0 177.1 109.0 174.7 113.4 179.3 112.4 178.5 112.6 179.1 113.8 179.7 114.3 180.0 115.3 180.4 175.8 115.5 181.2 176.0 Other food away from home1,2........................... Alcoholic beverages................................................ Housing..................................................................... 175.6 115.4 180.8 115.5 180.9 115.5 181.8 115.8 182.6 116.3 182.5 177.2 116.9 182.9 177.6 117.1 183.3 169.6 193.4 176.4 200.6 175.9 199.6 177.3 200.7 177.6 201.4 178.0 202.4 177.4 202.0 176.7 202.4 176.9 202.9 176.9 203.2 177.6 204.5 178.5 206.1 179.1 207.0 179.5 207.5 207.5 191.6 123.7 205.7 192.3 193.1 193.9 194.7 198.2 198.5 198.8 206.3 207.3 116.8 208.1 114.5 209.0 210.1 108.0 210.9 197.0 113.1 211.6 197.7 125.2 195.5 111.6 196.4 124.0 119.3 212.2 121.9 212.8 122.1 213.3 120.1 213.7 106.6 154.8 140.5 123.8 148.6 129.2 106.6 152.7 106.9 144.6 106.9 143.5 138.0 122.1 146.0 129.1 106.7 150.6 135.7 125.3 143.1 129.4 129.1 121.5 135.9 129.0 127.8 118.3 134.7 129.1 106.3 142.2 126.2 112.7 133.5 128.9 106.4 141.5 125.3 112.9 132.4 128.7 106.8 140.0 123.7 112.3 130.6 128.6 106.8 140.2 123.8 112.8 130.7 128.7 107.2 140.3 123.8 115.1 130.6 128.9 107.6 141.5 125.1 114.4 132.1 128.9 126.8 123.7 120.3 129.5 127.5 122.1 128.0 127.4 119.4 123.7 120.4 122.8 114.8 120.8 109.7 123.5 122.0 115.3 128.2 125.2 121.3 128.8 125.6 122.2 127.1 124.3 229.4 127.4 124.5 Food......................................................................... Food at home......................................................... Cereals and bakery products.............................. Meats, poultry, fish, and eggs............................. Dairy and related products1................................. Fruits and vegetables.......................................... Nonalcoholic beverages and beverage materials........................................................... Other foods at home............................................ Sugar and sweets.............................................. Shelter.................................................................... Rent of primary residence................................... 177.1 176.4 179.7 183.9 192.1 191.0 Owners’ equivalent rent of primary residence3.... 117.5 198.7 118.6 206.3 120.0 204.9 Tenants’ and household insurance1,2................. Fuels and utilities................................................ 103.7 137.9 106.8 151.3 Fuels................................................................... Fuel oil and other fuels.................................... Gas (piped) and electricity.............................. Household furnishings and operations............... 122.8 129.7 128.0 128.2 106.2 150.2 135.4 129.3 142.4 129.1 136.8 131.9 143.8 128.9 107.0 155.7 141.6 129.6 149.4 129.2 Apparel..................................................................... Men's and boys' apparel...................................... Women's and girls' apparel................................. 129.6 129.7 121.5 127.3 125.7 119.3 129.8 129.1 122.3 126.3 125.8 117.5 122.6 122.5 111.6 122.6 121.4 112.1 Infants’ and toddlers’ apparel1............................. Footwear.............................................................. Transportation........................................................... Private transportation............................................ 130.6 129.2 127.3 122.1 158.3 127.2 129.9 198.9 123.7 117.1 154.0 122.9 155.5 151.2 128.5 120.6 125.0 121.9 153.3 148.8 131.5 124.9 152.3 148.1 150.2 146.1 148.5 144.3 148.6 144.4 119.5 148.4 144.1 123.5 150.5 146.3 124.5 153.7 149.6 153.8 149.5 New and used motor vehicles2........................... New vehicles..................................................... 100.8 142.8 101.3 142.1 155.3 101.4 124.5 121.3 154.4 149.9 129.3 123.0 154.3 150.0 130.6 124.4 159.2 126.3 123.8 153.3 149.1 142.3 101.1 141.7 100.8 141.2 100.5 140.3 100.2 140.2 100.6 141.0 100.1 141.2 99.6 140.7 99.3 140.4 99.1 139.8 155.8 129.3 128.6 101.5 177.3 209.6 158.7 124.7 124.0 104.8 183.5 210.6 159.1 146.8 146.0 104.4 182.5 209.3 158.9 142.0 141.3 104.4 182.7 216.3 158.3 125.6 124.9 105.1 183.4 216.1 158.0 121.9 121.2 104.9 184.0 213.7 157.3 131.4 130.7 105.2 185.1 212.7 157.8 116.3 115.6 105.5 186.0 209.1 101.6 143.5 157.2 96.1 95.4 105.8 186.4 204.8 101.0 142.7 Used cars and trucks1....................................... Motor fuel............................................................. Gasoline (all types)............................................ Motor vehicle parts and equipment.................... Motor vehicle maintenance and repair............... Public transportation.............................................. 101.3 142.6 157.4 104.5 103.8 105.8 186.4 205.1 155.6 97.9 97.2 106.2 187.1 205.8 153.9 98.2 97.6 106.1 188.0 207.3 152.1 107.7 107.1 106.5 188.5 207.9 152.8 121.4 120.8 106.8 189.0 209.7 151.8 121.4 120.8 106.8 189.9 211.3 Medical care.............................................................. 260.8 238.1 266.0 237.7 271.4 246.6 277.3 245.8 335.1 272.5 248.1 278.3 246.5 336.6 273.1 248.5 278.9 246.8 337.9 274.4 249.1 280.5 247.7 341.2 275.0 249.6 281.0 247.9 342.6 275.9 250.2 282.0 248.4 344.8 276.7 250.6 283.0 248.8 347.1 277.3 251.6 283.5 248.9 348.3 279.6 252.6 286.2 317.3 272.8 247.6 278.8 246.5 338.3 281.0 253.7 287.7 251.4 356.4 282.0 254.1 288.9 251.9 359.4 283.2 254.8 290.2 252.5 362.4 284.1 255.4 291.2 252.9 364.5 Lodging away from home.................................... Professional services........................................... Hospital and related services.............................. 132.4 250.6 353.1 103.3 104.9 105.0 104.8 105.0 105.1 105.2 105.3 105.7 105.9 106.1 106.5 106.4 101.5 101.6 101.3 101.7 101.7 101.3 101.3 105.5 101.4 105.3 101.0 101.2 102.1 102.9 102.9 102.9 103.1 102.5 105.2 104.0 104.4 104.8 105.8 106.6 107.1 107.0 106.9 107.2 107.3 106.6 106.2 106.6 112.5 279.9 118.5 295.9 116.4 290.7 116.9 293.9 117.2 295.1 119.5 298.0 121.7 305.4 122.2 307.2 122.3 304.7 122.0 294.7 122.6 303.0 123.2 314.4 123.3 314.2 123.3 314.4 123.5 315.6 324.0 93.6 341.1 93.3 335.0 92.9 336.2 93.1 337.2 93.6 343.9 93.5 350.0 93.1 351.5 93.6 352.0 93.3 352.2 93.4 353.2 93.4 353.9 93.1 354.1 92.0 354.1 91.2 354.6 91.9 Information and information processing1,2....... 92.8 92.3 91.8 92.1 92.5 92.4 92.0 92.5 92.2 92.3 92.2 92.0 90.8 90.0 90.7 Telephone services1,2.................................... Information and information processing 98.5 99.3 98.7 99.0 99.6 99.6 99.2 99.9 99.6 99.6 100.3 100.3 99.1 98.2 99.3 other than teleDhone services1,4................. Personal computers and peripheral 25.9 21.3 21.7 21.4 21.3 20.7 20.3 20.2 20.0 19.8 19.4 19.0 18.8 18.6 18.5 29.3 285.8 441.2 27.8 26.7 26.4 25.8 25.3 24.6 23.8 23.1 22.9 23.0 283.3 424.6 287.8 444.0 285.6 429.9 289.2 446.7 286.4 431.7 287.2 432.8 290.2 449.3 288.5 433.4 292.9 461.4 291.5 449.0 Education and communication2............................... Education2............................................................ equipment1,2........................................... 41.1 29.5 30.4 Tobacco and smoking products........................... 271.1 394.9 282.6 425.2 281.3 418.7 29.8 281.2 421.0 Personal care1...................................................... 165.6 170.5 169.5 170.0 170.7 171.2 171.9 172.3 172.6 172.6 173.2 173.7 174.1 174.4 174.7 Personal care products1.................................... 153.7 155.1 153.2 154.6 155.1 154.7 155.5 155.4 155.4 155.4 155.2 155.5 155.1 155.4 154.8 Personal care services1..................................... 178.1 184.3 184.1 184.1 184.8 185.2 185.5 185.9 186.8 186.4 186.3 186.4 187.3 187.9 188.3 See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 105 Current Labor Statistics: Price Data 32. Continued—Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group [1982-84 = 100, unless otherwise indicated]_______ Series Miscellaneous personal services.................. Annual average 2000 2001 2001 May June July Aug. 2002 Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 252.2 263.1 261.C 261.8 263.2 265.5 266.4 267.C 268.C 268.5 270.4 271.6 272.S 273.2 274.2 150.7 152.1 173.4 151.5 174.6 138.0 149.6 126.8 149.5 175.2 147.9 175.2 147.6 176.2 148.1 176.4 176.6 151.0 176.7 150.5 176.4 139.4 151.3 126.3 149.6 174.4 135.4 144.6 122.6 150.5 175.2 140.8 153.5 129.8 150.4 174.C 136.5 146.3 122.6 149.4 173.6 137.2 147.1 127.3 152.9 172.9 Commodities less food and beverages............ Nondurables less food and beverages........... Apparel......................................................... 149.2 168.4 137.7 147.4 129.6 136.1 146.0 129.5 134.6 142.6 128.0 132.3 138.4 123.7 131.6 137.9 120.4 132.1 139.6 123.6 133.7 143.6 128.2 136.0 148.4 128.8 135.4 147.4 127.1 Nondurables less food, beverages, and apparel................................................. Durables................................................ 162.5 125.¿ 163.4 124.6 172.0 124.9 170.4 124.5 164.5 124.2 162.1 123.6 167.5 123.4 160.4 123.6 156.2 124.2 151.6 124.3 152.6 123.6 153.6 122.7 157.3 122.1 164.7 121.9 164.1 121.7 Services.............................................................. 195.3 203.4 202.5 204.0 204.5 205.2 204.9 204.7 205.1 205.3 206.3 207.3 208.0 208.4 208.8 Rent of shelter3..................... Transporatation services................................. Other services.................................................. Special indexes: 201.3 196.1 229.E 208.9 201.9 238.0 207.8 200.4 236.4 209.0 202.0 236.7 209.7 202.6 237.7 210.8 202.7 239.4 210.3 202.8 240.6 210.8 203.4 241.4 211.3 204.2 241.9 211.7 204.5 241.9 213.0 205.2 242.9 214.7 206.5 243.5 215.6 207.3 243.6 216.1 207.9 216.1 208.9 244.5 All items less food.......................................... All items less shelter......................................... All Items less medical care........................... 173.0 165.7 167.2 139.2 149.1 162.9 158.2 177.8 169.7 171.9 179.0 171.0 172.9 178.2 170.0 172.3 138.2 148.3 165.2 160.3 178.2 169.7 179.0 170.9 173.0 178.2 169.9 172.4 137.8 148.1 161.5 160.8 177.8 169.3 172.0 136.4 145.1 157.7 159.1 177.0 168.2 171.3 134.1 140.9 153.4 156.8 177.4 168.4 171.7 178.2 168.7 172.4 179.2 169.7 173.3 160.6 178.6 170.9 172.6 142.4 155.1 172.0 163.6 133.5 140.5 154.5 157.0 133.9 142.2 155.4 158.0 135.6 145.9 158.7 160.2 180.4 170.9 174.3 137.8 150.4 165.5 162.7 202.9 212.3 211.4 195.7 140.1 182.9 185.5 145.7 145.6 208.4 197.8 132.4 183.6 186.2 144.4 125.6 210.1 214.0 198.4 129.4 184.1 186.6 143.8 122.0 211.2 145.2 131.0 211.2 213.0 197.8 122.1 185.1 187.6 145.6 116.9 211.7 213.3 198.2 116.0 185.4 188.1 146.0 105.8 212.3 198.3 111.4 185.2 187.8 144.7 97.6 212.6 213.9 199.2 111.7 185.7 188.2 143.7 99.3 213.8 214.3 196.6 129.3 183.5 186.1 145.3 125.2 209.6 213.3 197.2 140.5 183.3 185.9 144.9 141.1 209.4 213.2 188.9 124.6 178.6 181.3 144.9 129.5 202.1 200.2 111.0 186.5 189.2 144.2 99.5 215.1 214.8 200.8 115.6 187.1 189.8 144.6 108.6 215.9 201.2 122.2 187.5 190.3 145.1 121.6 216.3 201.6 201.6 122.9 187.4 190.2 144.4 121.6 216.6 All Items..................................................... All items (1967= 100)............................................ 163.2 486.2 173.5 516.8 174.4 519.4 174.6 520.0 173.8 517.8 173.8 517.6 174.8 520.6 174.0 518.3 173.7 517.3 172.9 515.0 173.2 515.0 173.7 517.5 174.7 520.2 175.8 523.7 175.8 523.6 Food and beverages............................................. 163.8 163.4 163.0 184.7 147.6 173.0 172.5 172.4 193.6 161.2 172.3 171.9 171.8 192.9 160.6 172.8 172.4 172.4 193.9 161.4 173.4 173.0 173.0 194.5 162.1 173.8 173.4 173.3 195.6 162.0 174.0 173.5 173.4 194.8 162.3 174.8 174.3 174.3 195.1 163.2 174.5 174.1 173.7 194.7 162.6 174.6 174.1 173.7 195.1 161.8 175.7 175.2 175.3 196.7 162.0 175.8 175.3 175.1 197.5 161.6 176.1 175.6 175.5 197.0 162.7 176.1 175.5 175.3 197.9 162.1 175.7 175.1 174.4 198.2 162.1 159.4 201.8 167.1 210.8 164.7 211.5 166.9 210.5 168.3 209.5 168.9 208.0 169.4 211.0 170.8 212.2 171.2 211.5 170.6 212.8 169.7 223.2 170.0 222.2 169.2 224.9 168.7 222.0 168.7 219.1 133.2 152.8 152.2 147.9 168.8 138.4 159.1 155.6 155.4 176.3 137.2 159.1 155.8 154.3 176.5 137.8 159.1 155.5 156.4 176.0 138.0 160.0 156.0 157.4 177.2 139.3 160.5 156.1 158.0 177.9 138.4 159.8 156.2 158.1 176.5 139.2 160.4 156.2 159.1 177.3 138.7 159.7 154.7 155.1 177.8 137.7 160.5 155.9 156.5 178.3 138.8 161.0 158.5 158.0 177.9 139.5 160.1 158.5 157.0 176.8 139.7 159.6 157.1 156.3 176.5 139.4 161.0 153.4 156.2 178.2 137.3 159.7 157.6 155.7 176.7 Commodity and service group: Commodities...................................................... Food and beverages......................................... Commodities less food.................................... Nondurables less food............................ Nondurables less food and apparel................ Nondurables............................................... Services less rent of shelter3............... Services less medical care services................ Energy.................................................... All items less energy.................................... All Items less food and energy....................... Commodities less food and energy.............. Energy commodities................................... Services less energy.................................... 138.9 149.1 164.1 141.0 153.1 170.6 162.7 213.7 172.3 137.2 146.9 163.0 159.7 139.7 151.5 168.0 162.3 213.9 198.1 132.5 184.5 187.1 243.8 215.1 180.4 170.9 174.2 137.3 149.5 165.0 216.0 C O N S U M E R P R IC E IN D E X F O R U R B A N W A G E E A R N E R S A N D C L E R IC A L W O R K E R S Food................................................................ Food at home..................................................... Cereals and bakery products........................... Meats, poultry, fish, and eggs.......................... Dairy and related products1........................ Fruits and vegetables..................................... Nonalcoholic beverages and beverage materials...................................................... Other foods at home......................................... Sugar and sweets........................................... Fats and oils................................................... Other foods..................................................... Other miscellaneous foods1,2..................... Food away from home1............................... Other food away from home1,2........................ Alcoholic beverages........................................... Flousing.......................................................... Shelter.................................................... 104.6 109.1 108.7 108.0 109.9 109.7 109.2 109.5 110.8 109.0 109.3 108.5 108.3 108.5 109.5 165.0 173.8 173.1 173.5 174.0 175.8 177.1 177.5 112.8 178.4 114.0 179.2 115.7 180.5 115.8 180.8 176.9 116.0 182.1 177.0 112.5 178.0 176.0 115.8 180.5 176.4 113.6 178.8 175.0 115.6 180.1 175.6 105.1 168.8 174.7 114.4 179.7 116.8 182.2 117.4 182.8 117.7 183.1 160.0 172.1 171.7 173.0 194.4 173.3 173.5 173.2 172.5 172.9 173.4 173.9 174.4 174.8 175.1 195.0 195.9 196.0 196.6 172.8 197.2 197.7 198.7 199.8 200.6 201.0 201.2 197.0 197.8 115.8 181.4 181.6 194.5 193.5 Rent of primary residence............................... 177.1 190.4 191.0 191.7 192.4 Owners’ equivalent rent of primary residence3 122.2 175.7 119.9 186.3 123.2 187.0 123.7 187.5 124.4 188.5 193.3 116.8 189.2 194.0 114.8 190.0 194.9 111.8 190.9 195.7 Lodqinq away from home2........................... 191.5 118.4 187.6 108.8 191.7 196.3 113.2 192.3 119.4 192.9 197.5 122.2 193.3 122.0 193.9 98.1 120.7 194.2 Tenants’ and household insurance1,2............. Fuels and utilities............................................. Fuels...................................................... Fuel oil and other fuels................................ Gas (piped) and electricity........................... Household furnishings and operations............ Apparel......................................................... Men's and boys' apparel.................................. Women's and girls' apparel............................. 101.6 128.7 113.0 91.7 120.4 124.7 130.1 131.2 121.3 106.4 149.5 134.2 129.2 141.5 125.8 126.1 125.8 117.3 106.9 150.8 135.7 131.5 142.9 125.7 128.5 129.2 120.2 107.2 155.2 140.5 129.2 148.5 125.9 125.2 126.3 115.6 106.7 154.4 139.5 123.1 147.8 125.8 121.9 122.9 110.2 106.8 152.2 137.0 121.5 145.2 125.7 121.6 121.6 110.1 106.8 150.1 134.7 125.3 142.2 126.0 125.6 123.7 118.3 107.0 144.0 127.9 121.4 135.0 125.5 128.3 127.3 120.2 107.1 142.8 126.7 118.5 133.7 125.6 127.2 127.3 118.0 106.3 141.5 125.2 112.7 132.5 125.4 123.0 122.7 113.5 106.4 140.8 124.2 113.0 131.4 125.0 119.6 121.0 108.5 106.8 139.4 122.7 112.4 129.7 124.9 122.4 122.2 113.8 106.9 139.6 122.8 112.7 129.8 124.9 126.9 125.2 119.7 107.5 139.6 122.7 114.7 129.6 125.1 127.9 125.8 120.9 107.6 140.7 123.9 114.0 131.0 125.0 126.2 124.6 118.2 Infants’ and toddlers' apparel1......................... Footwear............................................... Transportation........................................................ Private transportation......................................... 130.3 130.9 123.1 153.6 150.8 132.0 124.5 159.2 156.6 128.6 122.1 157.9 155.1 126.2 121.4 153.4 150.4 128.3 122.0 152.5 149.5 131.1 123.0 155.1 152.3 133.5 124.9 151.4 148.6 134.3 124.2 149.2 146.4 130.3 121.0 147.4 144.5 126.7 117.7 147.5 144.6 128.4 119.3 147.1 144.2 131.7 126.2 143.4 140.7 122.8 149.2 146.4 131.7 124.4 152.7 149.8 129.9 124.4 152.7 149.8 100.4 101.9 102.0 101.7 101.4 101.0 100.7 101.1 101.7 102.0 101.31 100.3 99.7 New and used motor vehicles2....................... See footnotes at end of table. 106 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 99.5 ! 99.3 32. Continued—Consumer Price Indexes for All Urban Consumers and for Urban Wage Earners and Clerical Workers: U.S. city average, by expenditure category and commodity or service group [1982-84 = 100, unless otherwise indicated] Series Annual average 2000 2001 2001 May June July 2002 Aug. Sept. Nov. Oct. Dec. Jan. Feb. Mar. Apr. May 143.9 143.2 143.4 142.7 142.3 141.4 141.3 142.1 143.8 144.7 143.8 142.3 141.8 141.5 140.9 Used cars and trucks1.................................... 157.1 159.8 160.2 160.0 159.3 159.0 158.2 158.7 158.3 158.1 156.5 154.8 153.0 152.6 152.7 Gasoline (all types)........................................ Motor vehicle parts and equipment................. 129.5 128.8 100.9 124.9 124.2 104.0 122.0 121.3 104.1 104.4 103.8 105.0 96.3 95.7 104.9 98.2 97.6 105.3 185.0 209.5 185.6 207.7 207.0 187.5 203.7 187.8 200.4 187.9 200.1 188.6 201.0 98.5 97.9 105.3 189.5 202.5 108.0 107.5 105.7 185.1 204.9 132.4 131.7 104.4 186.7 116.2 115.5 104.7 178.8 203.4 142.1 141.1 103.6 184.4 209.5 124.9 124.2 104.3 Public transportation.......................................... 147.4 146.7 103.6 184.1 203.5 189.9 203.0 121.7 121.2 106.0 190.5 204.5 121.8 121.2 106.0 191.4 206.3 259.9 233.6 265.9 271.8 242.7 270.4 241.7 273.4 244.1 280.2 273.9 244.6 280.7 274.9 245.2 281.7 275.6 245.6 282.6 283.0 278.5 247.6 285.7 279.8 248.5 287.2 280.9 249.0 288.4 281.9 249.6 289.6 282.9 333.8 277.0 248.0 330.6 272.0 243.6 278.5 249.0 276.2 246.7 278.5 248.7 271.5 243.2 278.0 248.7 332.0 249.9 337.0 250.1 338.3 250.5 340.5 250.9 342.7 251.0 343.6 252.8 348.2 253.6 351.4 254.0 354.3 254.6 357.1 250.3 290.6 255.3 359.4 104.9 Medical care.......................................................... Medical care commodities................................. Medical care services......................................... Professional services....................................... Hospital and related services.......................... 239.6 313.2 Recreation2.......................................................... 102.4 103.6 103.7 103.5 333.5 103.7 103.9 103.8 103.8 104.0 103.8 104.2 104.5 104.6 105.0 Video and audio1,2............................................ 100.7 100.9 101.1 100.7 101.1 101.0 100.6 100.6 100.7 100.5 101.4 102.2 102.1 102.2 102.3 Education and communication2........................... 102.7 105.3 104.1 104.5 104.9 105.8 106.5 107.1 106.9 106.9 107.1 107.2 106.5 106.0 106.5 Education2........................................................ Educational books and supplies.................... 112.8 283.3 118.7 299.9 116.7 294.5 117.2 298.2 117.6 299.3 119.6 302.2 121.7 309.8 122.3 311.7 122.3 308.9 122.1 297.3 122.7 305.2 123.3 315.2 123.3 315.1 123.3 315.3 123.5 316.3 Tuition, other school fees, and child care...... 318.2 94.6 334.7 94.5 329.1 94.0 330.3 94.3 331.3 94.8 337.3 94.7 342.9 94.3 344.4 94.9 344.9 94.5 345.2 94.6 346.2 94.7 347.0 94.5 347.2 93.3 347.2 92.6 347.7 93.3 Information and information processing1,2.... 94.1 93.8 93.4 93.6 94.0 94.0 93.6 94.2 93.8 93.9 94.0 93.7 92.6 91.7 92.5 Telephone services1,2................................. Information and information processing 98.7 99.4 98.8 99.2 99.7 99.8 99.4 100.1 99.7 99.9 100.4 100.5 99.3 98.4 99.4 other than teleDhone services1,4.............. Personal computers and peripheral 26.8 22.1 22.4 22.2 22.0 21.5 21.2 21.0 20.8 20.6 20.1 19.7 19.5 19.3 19.2 25.5 22.7 299.1 equipment1,2........................................ Other goods and services..................................... Tobacco and smoking products........................ 40.5 29.1 29.9 29.4 28.7 27.4 26.6 286.8 419.8 287.9 421.6 293.8 441.9 290.0 425.6 295.5 444.7 297.3 448.3 25.0 293.3 432.9 23.5 289.5 426.1 26.1 292.4 430.9 24.3 276.5 395.2 294.0 433.5 298.3 450.7 22.8 295.2 434.1 22.5 301.7 462.7 Personal care1................................................... 165.5 170.3 169.3 169.9 170.6 170.9 171.4 171.9 172.3 172.3 172.7 173.2 173.7 173.9 174.0 Personal care products1................................. 154.2 155.7 155.4 156.1 156.1 156.1 156.0 155.9 156.3 156.0 156.2 155.4 184.9 184.8 155.9 185.4 155.5 178.6 153.8 184.7 186.5 187.4 187.1 260.7 261.6 263.2 265.6 266.8 267.5 268.0 271.4 188.0 272.5 188.7 262.8 187.0 269.8 187.1 251.9 185.9 264.9 186.1 Miscellaneous personal services.................... Commodity and service group: 272.6 189.1 273.6 Commodities........................................................ Food and beverages.......................................... Commodities less food and beverages............. Nondurables less food and beverages............ Apparel.......................................................... Nondurables less food, beverages, 149.8 167.7 139.0 149.1 128.3 151.4 173.0 138.7 149.0 126.1 153.9 172.3 142.6 156.2 128.5 153.0 172.8 141.1 153.6 125.2 151.2 173.4 138.0 148.2 121.9 150.5 173.8 136.9 146.5 121.6 152.5 174.0 139.8 152.0 125.6 151.2 174.8 137.4 147.4 128.3 150.1 174.5 135.9 144.2 127.2 148.4 174.6 133.4 139.4 123.0 148.3 175.7 132.7 138.9 119.6 148.6 175.8 133.1 140.7 122.4 149.8 176.1 134.7 144.8 126.9 151.7 176.1 137.5 150.5 127.9 151.2 175.7 136.8 149.3 126.2 and apparel.................................................. Durables........................................................... 165.3 125.8 166.3 125.3 176.3 125.5 174.1 125.2 167.3 124.8 164.8 124.3 171.4 124.1 162.7 124.3 158.2 124.8 153.1 124.9 154.2 124.1 155.4 123.1 159.4 122.3 168.1 122.1 167.2 122.0 205.8 Services................................................................ 450.1 191.6 199.6 198.7 200.1 200.6 201.2 201.1 201.0 201.4 201.7 202.5 203.3 203.9 204.2 180.5 192.9 225.9 187.3 199.1 233.7 186.3 197.6 232.2 187.2 198.9 232.6 187.8 199.5 233.6 188.7 199.8 235.1 188.7 200.1 235.9 189.3 200.9 236.8 189.9 202.3 237.2 190.4 202.6 237.3 191.4 203.4 238.3 192.5 204.7 239.0 193.2 205.6 238.8 193.7 193.9 206.2 7.1239.7 283.9 283.9 All items less food............................................. All items less shelter......................................... All items less medical care............................... Commodities less food..................................... Nondurables less food...................................... Nondurables less food and apparel.................. Nondurables...................................................... 169.1 163.8 164.7 140.4 150.7 165.4 158.9 173.6 167.6 169.1 140.2 150.8 166.7 161.4 174.7 169.1 170.0 144.1 157.6 175.9 164.8 174.9 169.0 170.2 142.6 155.3 173.9 163.8 173.9 167.8 169.4 139.6 150.1 167.7 161.2 173.7 174.9 167.5 169.3 138.5 148.5 165.4 160.5 168.8 170.3 141.3 153.8 171.5 163.5 173.8 167.6 169.5 139.0 149.4 163.5 161.5 173.4 166.9 169.1 137.6 146.4 159.5 159.7 172.5 165.7 168.3 135.1 141.8 154.7 157.3 172.7 165.8 168.5 134.5 141.8 154.7 157.5 173.3 166.1 169.0 134.8 143.1 157.0 158.5 174.3 167.1 170.0 136.5 147.0 160.7 160.8 175.7 168.5 171.1 139.1 152.5 168.7 163.7 175.8 168.4 171.0 138.5 151.4 167.9 162.9 Services less rent of shelter3............................ Services less medical care services................. Energy............................................................... All items less energy......................................... All items less food and energy........................ Commodities less food and energy.............. Energy commodities.................................... Services less energy.................................... 180.1 185.4 124.8 175.1 177.1 145.4 129.7 198.7 188.5 187.8 189.6 189.9 190.1 193.1 128.7 179.8 181.7 146.1 125.3 206.0 192.3 140.6 179.2 181.2 146.4 146.6 204.8 193.6 140.3 179.5 181.4 194.2 131.3 179.8 181.7 145.4 125.0 206.3 194.7 128.6 180.1 181.9 144.6 122.1 207.3 189.9 194.6 132.6 180.7 182.6 146.0 132.1 207.6 189.0 194.4 121.2 181.3 183.2 146.3 116.7 208.3 189.3 194.8 114.8 181.8 183.8 146.9 105.5 209.0 189.2 195.0 110.0 181.5 183.5 145.6 97.5 209.4 189.8 195.7 110.5 181.6 183.6 144.4 99.2 210.4 190.1 196.5 109.8 182.5 184.4 144.8 99.5 211.5 190.5 197.0 114.7 182.9 184.9 145.0 108.7 212.1 190.7 197.4 121.6 183.4 185.5 145.8 121.9 212.6 181.6 197.9 122.2 183.3 185.4 145.0 121.9 213.0 Transporatation services.................................. Other services................................................... Special indexes: 1 Not seasonally adjusted. 2 Indexes on a December 1997 = 100 base. 3 Indexes on a December 1982 = 100 base. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 145.6 141.5 205.7 4 Indexes on a December 1988 = 100 base. Dash indicates data not available. Note : Index applied to a month as a whole, not to any specific date. Monthly Labor Review July 2002 107 Current Labor Statistics: Price Data 33. Consumer Price Index: U.S. city average and available local area data: all items [1982-84 = 100, unless otherwise indicated]__________________ Pricing U.S. city average................................................................. All Urban Consumers sched 2001 ule1 Dec M 176.7 Urban Wage Earners 2001 2002 Jan. Feb. Mar. 177.1 177.8 178.8 Apr May 179.9 179.8 Dec. 2002 Jan. Feb. Mar. Apr. 172.9 173.2 173.7 174.7 175.8 May 175.8 Region and area size2 Northeast urban.................................................... M 184.2 184.9 186.1 187.0 187.8 187.7 181.0 181.4 182.3 183.1 184.2 184.1 Size A— More than 1,500,000............................................ M 185.4 186.2 187.8 188.6 189.3 189.2 181.1 181.6 182.8 183.6 184.5 184.3 Size B/C— 50,000 to 1.500.0003............................... M 10.3 110.5 110.5 111.2 111.9 112.0 109.9 110.1 110.1 110.8 111 7 111 7 M 171.9 172.1 172.5 173.6 174.7 174.8 167.6 167.7 168 1 169 1 170 0 M 173.8 174.1 174.7 176.0 177.3 177.2 168.7 168.8 169.4 170.6 172.2 172.0 M 109.6 109.5 109.6 110.2 110.7 110.8 109.2 109.2 109.2 109 7 110 2 110 7 Midwest urban4................................................... Size A— More than 1,500,000.............................................. Size B/C— 50,000 to 1,500,0003.................................. Size D— Nonmetropolitan (less than 50,000)................... South urban........................................................................... M 165.5 166.2 166.6 167.1 168.1 168.2 163.3 163.9 164.3 164.8 166.0 166.1 M 170.3 170.6 171.0 172.1 173.1 173.2 168.1 168.3 168.6 169.6 170.8 170.8 Size A— More than 1,500,000.............................................. M 171.7 171.7 172.4 173.3 172.4 174.6 169.0 169.0 169.5 170.5 171.7 171.9 Size B/C— 50,000 to 1,500,0003................................. Size D— Nonmetropolitan (less than 50,000).................... M 108.9 109.2 109.3 110.0 110.8 110.7 108.5 108.6 108.7 109.3 110.2 110.1 M 167.7 168.6 168.6 169.9 170.5 170.6 168.3 169.2 168.9 170.2 171.2 171.1 M 181.6 182.4 183.2 184.0 185.1 184.8 176.8 177.4 178.1 179.0 180.0 180.0 Size A— More than 1,500,000...................................... M 111.6 111.9 185.4 186.2 187.2 187.5 176.9 177.7 178.6 179.5 180.5 181.0 Size B/C— 50,000 to 1,500,0003........................................ M 111.6 111.9 112.4 112.8 113.7 112.5 111.2 111.4 111.8 112.2 112.9 112.3 M M M 161.1 109.7 169.8 161.6 109.9 170.5 162.5 110.1 170.7 163.4 110.7 171.5 164.2 111.4 172.4 164.3 111.2 172.4 159.4 109.3 168.5 159.7 109.9 169.7 160.5 109.5 169.3 161.3 110.1 170.2 162.4 110.9 171.3 162.5 110.7 171.1 175.3 West urban....................................................................... Size classes: A5............................................................. B/C3............................................................... D............................................................................ Selected local areas6 Chicago-Gary-Kenosha, IL—IN—W l........................................ M 177.9 177.9 178.7 179.8 180.9 181.4 171.7 171.6 172.4 173.5 174.8 Los Angeles-Riverside-Orange County, CA......................... M 177.1 178.9 180.1 181.1 182.2 182.6 169.7 171.5 172.8 173.8 174.8 175.4 New York, NY-Northern NJ-Long Island, N Y -N J-C T-P A .. M 187.3 188.5 189.9 191.1 191.8 191.4 182.8 183.5 184.7 185.6 186.6 186.4 Boston-Brockton-Nashua, M A -N H -M E -C T ......................... 1 - 192.9 - 194.7 - 194.8 _ 191.8 _ 193.2 Cleveland-Akron, O H................................................................ 1 - 171.4 - 173.7 - 173.0 - 162.8 _ 164.1 _ _ 164.0 193.3 Dallas-Ft Worth, T X ................................................................. 1 - 170.6 - 172.1 - 172.9 - 170.0 - 171.4 - 172.5 Washinqton-Baltimore, D C -M D -V A -W V 7............................. 1 - 110.9 - 111.9 - 112.8 - 110.5 - 111.4 - 112.4 Atlanta, GA................................................................................. 2 174.8 - 176.1 - 178.6 - 172,0 _ 173.2 _ 175.5 Detroit-Ann Arbor-Flint, Ml...................................................... 2 173.5 - 176.2 - 179.0 - 167.9 _ 170.5 _ 173.4 Houston-Galveston-Brazoria, T X ............................................ 2 157.1 - 156.6 - 158.8 - 155.2 - 154.3 _ 156.8 _ 172.3 _ 172.5 Miami-Ft. Lauderdale, FL......................................................... 2 173.1 - 175.0 - 175.0 - 170.5 Philadelphia-Wilmington-Atlantic City, P A -N J-D E -M D ..... 2 179.9 - 182.0 - 183.1 - 179.2 San Francisco-Oakland-San Jose, CA................................. 2 190.6 - 191.3 - 193.0 - Seattle-Tacoma-Bremerton, WA............................................. 2 186.1 187.6 - 188.8 - 1 Foods, fuels, and several other items priced every month in all areas; most other goods and services priced as indicated: M— Every month. 1— January, March, May, July, September, and November. February, April, June, August, October, and December. 7 2 Regions defined as the four Census regions. 181.1 - _ 186.8 _ _ 188.8 _ _ _ _ 182.5 - 183.6 - 181.4 182.3 MO-KS; Milwaukee-Racine, Wl; Minneapolis-St. Paul, MN-W I; Pittsburgh, PA; Port-land-Salem, OR-WA; Petersburg-Clearwater, FL. 2— 186.5 _ _ _ St Louis, MO-IL; San Diego, CA; Tampa-St. Indexes on a November 1996 = 100 base. Dash indicates data not available. 3 Indexes on a December 1996 = 100 base. 4 The "North Central" region has been renamed the "Midwest" region by the Census NOTE: Local area CPI indexes are byproducts of the national CPI program. Each Bureau. It is composed of the same geographic entities. local Index has a smaller sample size and is, therefore, subject to substantially more sampling and other measurement error. As a result, local area indexes 5 Indexes on a December 1986 = 100 base. 6 In addition, the following metropolitan areas are published semiannually and appear in tables 34 and 39 of the January and July issues of the CPI Detailed Report-. Anchorage, AK; 108 Cincinnati-Hamilton, O H-KY-IN; Denver-Boulder-Greeley, Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 CO; Flonolulu, HI; show greater volatility than the national index, although their long-term trends are similar. Therefore, the Bureau of Labor Statistics strongly urges users to consider adopting the national average CPI for use in their escalator clauses. Index applies to a month as a whole, not to any specific date. 34. Annual data: Consumer Price Index, U.S. city average, all items and major groups [ 1982-84 = 100] Series 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Consumer Price Index for All Urban Consumers: All items: 140.3 3.0 144.5 3.0 148.2 2.6 152.4 2.8 156.9 3.0 160.5 2.3 163.0 1.6 166.6 2.2 172.2 3.4 177.1 2.8 138.7 1.4 141.6 2.1 144.9 2.3 148.9 2.8 153.7 3.2 157.7 2.6 161.1 2.2 164.6 2.2 168.4 2.3 173.6 3.1 137.5 2.9 141.2 2.7 144.8 2.5 148.5 2.6 152.8 2.9 156.8 2.6 160.4 2.3 163.9 2.2 169.6 3.5 176.4 4.0 131.9 2.5 133.7 1.4 133.4 -.2 132.0 -1 .0 131.7 -.2 132.9 .9 133.0 .1 131.3 -1 .3 129.6 -1 .3 127.3 -1 .8 126.5 2.2 130.4 3.1 134.3 3.0 139.1 3.6 143.0 2.8 144.3 0.9 141.6 -1 .9 144.4 2.0 153.3 6.2 154.3 0.7 190.1 7.4 201.4 5.9 211.0 4.8 220.5 4.5 228.2 3.5 234.6 2.8 242.1 3.2 250.6 3.5 260.8 4.1 272.8 4.6 183.3 6.8 192.9 5.2 198.5 2.9 206.9 4.2 215.4 4.1 224.8 4.4 237.7 5.7 258.3 8.7 271.1 5.0 282.6 4.2 138.2 2.9 142.1 2.8 145.6 2.5 149.8 2.9 154.1 2.9 157.6 2.3 159.7 1.3 163.2 2.2 168.9 3.5 173.5 2.7 Food and beverages: Housing: Apparel: Transportation: Medical care: Other goods and services: Consumer Price Index for Urban Wage Earners and Clerical Workers: All items: Percent change............................................................. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 109 Current Labor Statistics: 35. Price Data Producer Price Indexes, by stage of processing [1982 = 100] Grouping Annual average 2002 2001 Mar. Apr. May Finished consumer goods......................... Finished consumer foods........................ 138.0 138.2 137.2 140.7 141.5 141.3 142.5 143.8 141.8 142.1 143.3 141.9 140.7 141.5 141.2 141.1 142.0 142.6 141.7 142.9 142.9 139.6 139.9 141.8 139.7 138.4 140.5 137.2 136.8 140.4 137.4 137.2 141.1 137.7 137.5 142.3 138.7 138.9 143.4 139.0 139.4 139.2 138.8 139.2 139.4 Finshed consumer goods excluding foods...................................... Nondurable goods less food................ Durable goods........................................ Capital equipment................................... 138.4 138.7 133.9 138.8 141.4 142.8 133.9 139.7 144.5 147.3 133.8 139.7 143.7 146.5 133.2 139.6 141.4 143.1 133.2 139.8 141.6 143.5 133.0 139.5 142.7 145.1 133.2 139.4 139.0 139.2 134.4 139.8 137.3 136.8 134.5 139.9 135.1 134.0 133.9 139.7 135.4 134.4 133.9 139.7 135.4 134.3 134.1 139.8 136.9 136.7 133.6 139.5 139.2 140.0 133.7 139.4 138.8 139.7 133.1 139.2 Intermediate materials, supplies, and components.................. 129.2 128.7 131.2 131.4 130.3 129.8 130.1 127.6 126.7 125.4 125.5 125.2 126.1 127.6 127.2 128.1 119.2 132.6 129.0 126.2 127.4 124.3 131.8 125.2 126.3 128.6 124.6 134.2 126.9 126.4 128.3 125.7 133.4 126.5 126.4 127.5 126.1 131.9 125.3 126.2 126.9 128.1 130.1 124.6 126.2 126.6 127.5 129.9 124.2 125.9 125.9 126.1 128.7 123.4 125.9 125.2 123.9 127.4 122.8 125.9 124.7 122.5 126.2 122.5 126.0 124.5 122.1 125.4 122.5 126.3 124.6 122.6 125.4 122.6 126.3 125.1 122.9 126.5 123.5 126.4 125.7 122.0 128.4 123.7 126.3 125.7 121.4 128.3 124.2 126.4 150.7 102.0 151.6 136.9 150.6 104.5 153.1 138.6 151.6 108.1 153.9 139.0 151.7 110.2 154.1 138.8 151.0 106.8 153.6 138.8 151.0 106.0 153.2 138.7 150.8 108.4 153.0 138.6 150.4 97.4 152.4 138.3 150.3 94.7 152.2 138.3 149.0 89.3 152.2 138.1 150.2 90.0 152.6 138.2 150.2 88.8 151.9 138.1 150.7 91.3 151.7 138.3 151.1 97.0 151.2 138.5 151.3 95.2 151.1 138.4 120.6 100.2 130.4 121.3 106.2 127.3 130.9 110.3 140.4 122.8 109.7 127.4 116.1 109.6 116.3 113.4 108.9 112.4 108.0 108.5 103.8 97.7 104.7 89.4 104.8 98.3 105.5 94.8 96.4 90.2 98.9 99.6 95.0 98.0 102.0 91.4 103.7 102.8 100.9 107.9 96.4 113.5 110.5 98.4 116.5 Finished consumer goods less energy...... Finished goods less food and energy........ 138.1 94.1 144.9 147.4 148.0 140.4 96.8 147.5 150.8 150.0 142.6 104.1 147.7 151.6 150.0 142.0 102.7 147.6 150.9 149.9 140.5 97.0 147.5 150.7 149.9 140.5 97.8 147.7 151.1 149.7 141.3 100.1 147.9 151.4 149.8 138.8 90.1 147.9 151.3 150.4 137.7 85.5 147.7 151.0 150.6 136.1 80.7 147.6 150.9 150.4 136.3 81.3 147.7 151.1 150.4 136.3 81.3 148.1 151.6 150.4 137.2 85.0 148.2 151.9 150.2 138.7 89.3 147.3 150.6 150.5 138.4 88.9 147.2 150.5 150.2 Finished consumer goods less food and energy.................................................. 154.0 156.9 156.9 156.7 156.8 156.6 156.8 157.5 157.8 158.0 157.6 157.6 157.4 158.0 157.7 Consumer nondurable goods less food and energy............................................... 169.8 175.1 175.4 175.5 175.5 175.3 175.6 175.8 176.4 176.4 176.4 176.2 176.3 176.4 177.4 Intermediate goods less energy................. 130.1 111.7 101.7 135.0 130.5 115.9 104.1 135.1 132.1 114.9 107.6 136.1 132.3 116.3 109.7 135.9 131.0 117.1 106.3 135.3 130.4 119.4 105.6 134.9 130.7 118.7 107.9 134.7 128.2 117.3 97.1 134.2 127.3 115.5 94.3 133.7 126.0 114.3 89.0 133.4 126.1 113.6 89.6 133.3 125.9 113.6 88.4 133.3 126.8 114.3 90.9 133.8 128.4 113.7 96.6 134.1 128.0 113.0 94.9 134.1 Intermediate materials less foods and energy................................................. 136.6 136.4 137.5 137.2 136.5 136.0 135.8 135.3 134.9 134.6 134.6 134.6 135.0 135.5 135.5 109.0 114.3 129.4 104.2 113.6 128.4 93.1 113.3 128.5 75.2 109.8 125.8 96.5 104.8 124.5 76.7 103.4 124.2 82.8 106.2 126.1 76.9 108.5 128.1 89.9 109.3 129.0 106.7 105.3 131.4 109.1 107.9 136.1 2000 Finished goods..................................... Materials and components for manufacturing....................................... Materials for food manufacturing.............. Materials for nondurable manufacturing... Materials for durable manufacturing........ Components for manufacturing................ 2001 May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Materials and components Containers.................................................... Crude materials for further processing......................................... Foodstuffs and feedstuffs............................ Crude nonfood materials............................. Special groupings: Finished goods, excluding foods................ Finished energy goods................................ Intermediate materials less foods Crude energy materials............................... Crude nonfood materials less energy........ Monthly Labor Review 110 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 122.1 111.7 145.2 122.8 112.2 130.6 July 2002 139.8 115.3 130.9 123.1 114.8 130.6 36. Producer Price Indexes for the net output of major industry groups [December 1984 = 100, unless otherwise indicated] Industry SIC Annual average 2000 - 10 12 13 14 - 20 21 22 23 24 25 26 2001 2001 May June July Aug. Sept. T o ta l m in in g in d u s tr ie s ............................................ 113.5 114.3 98.7 98.9 Coal mining (12/85 = 100)............................... 70.8 91.3 127.5 128.1 71.6 93.8 145.6 112.2 73.8 84.8 126.8 71.2 89.6 125.1 70.7 92.8 106.4 69.8 92.0 107.0 90.8 71.7 92.1 95.9 137.0 141.0 140.8 141.3 141.5 141.4 133.5 128.5 345.8 116.7 134.6 132.8 386.1 116.9 136.5 133.4 391.3 117.2 135.8 133.7 391.7 117.2 134.4 134.0 391.1 117.1 134.6 134.6 391.0 116.8 125.7 125.8 125.9 125.8 125.9 158.1 143.3 145.8 156.2 145.1 146.2 160.1 145.2 147.0 161.6 145.3 147.0 158.4 145.4 146.5 Mining and quarrying of nonmetallic minerals, except fuels.................................... T o ta l m a n u fa c tu r in g in d u s trie s ............................ Food and kindred products............................. Tobacco manufactures.................................... Textile mill products......................................... Apparel and other finished products made from fabrics and similar materials...... Lumber and wood products, except furniture.............................................. Furniture and fixtures....................................... Paper and allied products................................ 2002 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 101.7 78.3 88.3 77.6 81.9 78.0 87.5 69.8 92.9 79.1 68.9 95.4 92.0 68.9 92.5 78.3 71.0 95.3 84.0 72.3 94.5 77.9 72.9 94.6 92.7 99.9 72.4 94.3 112.1 73.9 94.3 114.8 141.5 141.8 141.6 141.5 142.5 143.4 143.5 142.9 143.5 135.6 134.5 391.1 116.4 133.7 134.1 391.1 116.5 132.7 132.4 398.3 116.3 131.6 131.7 398.2 116.1 131.7 131.5 391.7 116.3 132.0 132.0 391.7 115.8 132.8 132.0 392.2 115.8 133.8 131.6 407.9 115.7 133.6 131.0 408.0 115.5 125.9 125.9 125.9 125.6 125.3 125.2 125.1 125.2 125.1 125.1 158.1 145.2 145.6 157.3 145.4 145.5 154.6 145.5 145.1 154.0 145.5 144.6 153.4 145.5 144.8 154.0 145.6 144.1 154.8 145.8 143.2 156.7 145.7 142.9 157.1 145.7 143.2 156.2 145.9 142.4 27 Printing, publishing, and allied industries....... 182.9 188.7 188.5 188.7 188.8 189.1 189.4 189.7 190.2 192.0 192.0 192.1 192.1 192.2 192.6 28 29 30 31 32 33 34 Chemicals and allied products........................ Petroleum refining and related products........ Rubber and miscellaneous plastics products. Leather and leather products.......................... Stone, clay, glass, and concrete products..... Primary metal Industries................................. Fabricated metal products, except machinery and transportation equipment.............................. 156.7 112.8 124.6 137.9 134.6 119.8 158.4 105.3 125.9 141.3 136.0 116.1 160.1 122.8 126.5 142.7 136.0 116.7 159.7 115.9 126.4 141.9 135.7 115.4 157.8 101.7 126.2 142.1 136.0 116.1 156.3 104.7 125.7 142.3 136.0 115.6 156.6 114.9 125.6 141.5 136.4 115.3 155.7 94.6 125.5 141.2 136.6 114.6 155.4 86.3 125.6 140.9 136.9 114.2 154.3 75.9 125.2 140.3 136.7 114.0 154.0 77.7 125.1 140.2 136.9 113.7 154.3 79.5 124.4 139.8 136.4 113.7 155.1 89.2 124.6 140.0 136.3 114.4 156.0 100.2 124.8 140.5 136.5 114.7 156.6 99.4 125.4 140.8 136.9 115.4 1,310.3 131.0 131.2 131.1 131.1 131.1 131.1 131.0 131.1 131.2 131.2 131.2 131.2 131.4 131.4 35 Machinery, except electrical........................... 117.5 118.0 118.1 118.1 118.1 117.9 117.9 117.9 117.9 117.8 117.7 117.6 117.7 117.6 117.6 36 Electrical and electronic machinery, equipment, and supplies............................... Transportation................................................. Measuring and controlling instruments; photographic, medical, and optical goods; watches and clocks........................... Miscellaneous manufacturing industries industries (12/85 = 100)................................. 108.3 136.8 107.0 137.9 107.2 137.4 107.0 137.1 106.8 137.5 106.4 137.4 106.5 137.3 106.4 138.5 106.5 138.3 106.6 138.6 106.7 138.0 106.6 138.5 106.6 137.9 106.5 137.7 106.3 137.1 126.2 127.3 127.3 127.2 123.2 127.4 127.5 127.6 127.8 127.7 128.3 128.6 128.9 128.1 128.2 130.9 132.4 132.5 132.5 132.6 132.7 132.8 132.7 132.6 132.4 132.7 133.4 132.9 133.1 134.0 119.4 135.2 122.6 147.7 102.3 123.1 143.4 129.8 157.2 110.3 122.9 141.3 129.2 156.7 109.0 123.1 141.3 129.2 157.6 109.0 123.2 145.4 133.1 158.7 110.9 123.5 145.4 133.2 159.0 111.2 123.8 145.4 133.9 158.5 111.7 123.6 145.4 133.5 158.9 111.8 123.4 145.4 130.2 156.8 112.0 123.1 145.4 129.7 157.1 112.0 123.2 145.4 129.3 157.1 111.1 123.4 145.4 128.9 157.1 111.3 123.5 145.4 128.7 156.8 111.6 123.8 145.4 127.6 160.2 111.3 123.8 145.4 131.5 156.4 111.3 37 38 39 S e r v ic e in d u s trie s ; 42 43 44 45 46 Motor freight transportation and warehousing (06/93 = 100)..................... U.S. Postal Service (06/89 = 100).................... Water transportation (12/92 = 100).................. Transportation by air (12/92 = 100)................. Pipelines, except natural qas (12/92 = 100).... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review June 2002 111 Current Labor Statistics: 37. Price Data Annual data: Producer Price Indexes, by stage of processing [1982 = 100] Index 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 Finished goods Energy................................................................................. Other.................................................................................... 123.2 123.3 77.8 134.2 124.7 125.7 78.0 135.8 125.5 126.8 77.0 137.1 127.9 129.0 78.1 140.0 131.3 133.6 83.2 142.0 131 8 134.5 83.4 142.4 130.7 134.3 75.1 143.7 133 0 135 1 78.8 146.1 138 0 137 2 94.1 148.0 140 7 141.3 96.8 150.0 114.7 113.9 84.3 122.0 116.2 115.6 84.6 123.8 118.5 118.5 83.0 127.1 124.9 119.5 84.1 135.2 125.7 125.3 89.8 134.0 125.6 123.2 89.0 134.2 123.0 123.2 80.8 133.5 123.2 120.8 84.3 133.1 129.2 119.2 101.7 136.6 129.7 124.3 104.1 136 4 100.4 105.1 78.8 94.2 102.4 108.4 76.7 94.1 101.8 106.5 72.1 97.0 102.7 105.8 69.4 105.8 113.8 121.5 85.0 105.7 111.1 112.2 87.3 103.5 96.8 103.9 68.6 84.5 98.2 98.7 78.5 91.1 120.6 100.2 122.1 118.0 121.3 106.2 122.8 101.8 Intermediate materials, supplies, and components Total...................................................................................... Foods.................................................................................. Energy................................................................................. Crude materials tor further processing Total...................................................................................... Foods.................................................................................. Energy................................................................................. Other.................................................................................... Monthly Labor Review 112 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 38. [2000 U.S. export price indexes by Standard International Trade Classification = 100] S IT C 2001 Industry R ev. 3 May June July 101.2 106.2 104.3 97.4 101.1 106.1 102.6 98.6 101.8 105.7 102.2 101.7 93.3 91.0 93.1 82.3 92.5 91.6 92.6 95.6 92.8 80.6 90.9 91.0 106.8 106.6 106.1 Medicinal and pharmaceutical products.......................... Essential oils; polishing and cleaning preparations........ Plastics in primary forms................................................. Plastics in nonprimary forms............................................ Chemical materials and products, n.e.s.......................... Aug. 2002 Sept. Oct. Nov. Dec. Jan. Feb. Mar. 102.6 106.4 104.5 102.4 103.3 107.8 106.4 100.8 102.7 107.8 103.9 102.1 100.9 99.2 105.2 99.7 101.2 97.8 107.2 100.6 102.7 93.1 108.4 110.5 100.0 91.3 106.0 102.4 100.3 93.2 105.4 102.5 100.6 92.0 105.2 103.7 99.7 91.6 103.8 103.8 92.4 102.5 93.4 78.2 90.4 87.8 91.1 104.3 92.9 76.6 89.3 86.2 89.5 99.0 90.2 77.3 87.7 85.1 87.1 89.8 89.7 77.7 84.5 82.7 86.3 89.1 88.7 77.4 82.0 81.4 87.1 90.9 88.0 77.2 84.0 81.3 87.1 91.6 88.1 75.8 85.3 84.9 86.9 89.4 87.6 73.9 86.6 87.0 87.7 92.0 87.2 74.1 86.2 87.3 89.7 93.8 87.3 77.1 86.8 91.7 90.9 95.1 87.4 81.4 84.9 92.4 103.2 106.9 101.8 96.7 106.8 93.7 97.5 107.9 95.2 103.3 108.8 103.6 93.4 108.9 88.4 88.3 108.9 80.9 82.4 108.8 74.6 87.1 109.5 80.1 84.3 109.7 76.5 89.8 110.8 83.6 99.7 111.4 95.8 95.4 111.4 90.2 96.9 99.5 99.7 94.9 97.0 98.9 96.2 99.5 99.7 93.9 97.4 99.1 94.9 100.2 99.1 91.2 98.0 98.7 94.1 100.8 99.0 90.0 96.9 98.7 93.8 101.1 99.1 88.6 97.2 99.0 93.8 100.9 99.0 89.2 95.9 98.6 93.6 100.9 98.9 88.5 95.8 98.7 92.8 100.9 98.8 86.5 95.8 97.6 92.2 101.1 97.5 85.4 95.9 98.1 92.3 100.8 97.1 85.8 95.7 97.6 93.2 100.5 97.6 87.6 95.8 98.0 94.7 100.3 97.5 89.9 95.1 97.5 95.0 100.2 97.0 92.2 95.6 97.4 M a n u fa c tu r e d g o o d s c la s s ifie d c h ie fly b y m a te ria ls ..... 99.7 99.5 99.1 98.4 98.2 97.3 96.6 96.7 97.3 97.2 96.7 97.4 97.4 Rubber manufactures, n.e.s............................................. Paper, paperboard, and articles of paper, pulp, and paperboard............................................................... Nonmetallic mineral manufactures, n.e.s........................ Nonferrous metals................................................. 99.8 99.8 100.5 101.0 101.0 100.6 100.5 100.9 100.4 100.4 100.8 101.1 101.6 98.0 100.4 100.0 97.4 100.8 98.0 95.1 100.8 97.0 95.1 101.0 93.0 95.6 101.1 90.2 95.1 101.1 86.9 95.2 101.4 81.8 95.2 102.1 83.1 95.3 101.7 85.3 94.1 101.4 85.9 92.5 102.1 85.1 93.1 101.9 86.5 93.1 102.0 86.5 F o o d a n d liv e a n im a ls .................................................................. Meat and meat preparations........................................... Cereals and cereal preparations..................................... Vegetables, fruit, and nuts, prepared fresh or dry......... C ru d e m a te ria ls , in e d ib le , e x c e p t fu e ls ................................ Oilseeds and oleaginous fruits......................................... Cork and wood........................................................ Pulp and waste paper...................................................... Textile fibers and their waste........................................... Metalliferous ores and metal scrap................................. M in e ra l fu e ls , lu b r ic a n ts , a n d re la te d p ro d u c ts ............... Coal, coke, and briquettes............................................ Petroleum, petroleum products, and related materials... C h e m ic a ls a n d re la te d p ro d u c ts , n .e .s ................................. Apr. May M a c h in e r y a n d tr a n s p o rt e q u ip m e n t...................................... 100.4 100.3 100.2 100.0 100.0 99.7 99.7 99.6 99.3 99.3 99.5 99.5 99.3 Power generating machinery and equipment.................. Machinery specialized for particular industries................ General industrial machines and parts, n.e.s., and machine parts............................................. Computer equipment and office machines...................... Telecommunications and sound recording and reproducing apparatus and equipment.......................... Electrical machinery and equipment................................ Road vehicles............................................................. 102.3 100.3 102.3 100.3 102.4 99.6 102.8 99.5 103.0 99.5 103.1 100.6 104.1 100.5 104.0 100.5 104.6 100.7 104.4 100.8 104.6 101.1 104.6 101.4 104.6 102.0 101.3 96.9 101.3 95.9 101.8 95.6 101.8 94.8 101.9 94.8 101.8 94.6 101.9 94.2 101.7 92.9 102.1 92.5 102.0 92.9 102.2 93.1 102.2 92.5 102.3 91.7 99.7 98.7 100.2 99.8 98.3 100.2 99.8 97.8 100.3 98.7 97.7 100.2 98.5 97.6 100.2 98.0 95.9 100.3 98.0 95.9 100.2 97.7 95.9 100.3 97.9 94.8 100.1 97.5 94.6 100.2 97.5 94.7 100.3 97.8 94.8 100.3 97.8 94.6 1,004.0 100.8 100.9 100.8 100.8 100.9 101.0 100.9 100.9 100.8 101.1 101.2 101.1 101.3 P ro fe s s io n a l, s c ie n tific , a n d c o n tro llin g in s tr u m e n ts a n d a p p a r a tu s ....................................................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 113 Current Labor Statistics: 39. Price Data U.S. import price indexes by Standard International Trade Classification [2000 = 100] SITC May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May 95.8 94.3 96.4 97.0 96.4 0 Food and live animals......................................................... 97.3 96.0 95.1 94.9 95.1 94.7 95.1 94.8 Meat and meat preparations............................................. Fish and crustaceans, mollusks, and other aquatic invertebrates..... ................................................. Vegetables, fruit, and nuts, prepared fresh or dry........... Coffee, tea, cocoa, spices, and manufactures thereof............................................................................... 106.3 106.2 109.3 108.9 113.5 114.8 118.0 109.8 105.5 107.4 109.8 110.1 105.4 90.7 101.1 90.0 97.6 87.0 98.4 86.8 98.2 86.3 98.5 84.6 99.1 82.8 101.5 82.9 99.3 82.3 106.8 82.0 98.1 80.4 104.0 80.1 104.9 80.0 108.1 87.4 85.8 81.2 78.8 80.1 77.3 77.2 78.5 77.5 78.8 83.3 88.5 83.8 1 Beverages and tobacco..................................................... . 102.0 101.7 101.7 102.1 1-2.0 102.7 102.6 103.0 102.9 102.9 102.1 102.0 102.7 Beverages.......................................................................... 102.7 102.4 102.4 102.4 102.4 102.6 102.6 103.1 103.2 103.2 102.5 102.3 102.4 95.8 96.3 96.8 01 03 05 07 11 98.1 102.8 96.4 95.8 96.6 94.5 91.3 89.9 90.1 92.7 Cork and wood................................................................... Pulp and waste paper....................................................... Metalliferous ores and metal scrap.................................. Crude animal and vegetable materials, n.e.s.................. 104.9 92.4 95.5 94.9 122.1 87.1 93.9 92.9 108.2 83.5 94.4 80.8 109.6 79.3 93.1 81.0 112.2 77.3 92.8 83.8 105.1 76.8 91.6 93.4 97.5 78.0 89.8 93.1 91.7 77.7 91.2 96.0 92.6 78.1 91.4 92.2 98.6 77.2 92.7 91.7 106.6 74.9 93.7 92.3 108.1 73.4 95.0 90.5 105.2 73.5 95.6 103.8 3 Mineral fuels, lubricants, and related products............. Petroleum, petroleum products, and related materials... 33 Gas, natural and manufactured....................................... 34 93.1 90.0 113.7 90.4 89.3 97.4 94.4 84.4 82.8 85.6 86.1 80.9 85.8 86.8 77.8 72.3 73.0 65.7 65.0 63.0 75.9 61.2 59.8 68.7 64.0 62.6 70.8 65.2 65.6 58.2 76.4 77.4 64.8 87.1 86.8 86.0 89.0 89.1 84.3 5 Chemicals and related products, n.e.s............................ 52 Inorganic chemicals........................................................... Dying, tanning, and coloring materials............................. 53 54 Medicinal and pharmaceutical products.......................... Essential oils; polishing and cleaning preparations........ 55 Plastics in primary forms................................................... 57 Plastics in nonprimary forms............................................. 58 Chemical materials and products, n.e.s........................... 59 101.6 101.2 100.2 96.7 98.7 101.1 103.6 100.1 100.5 100.1 98.1 96.7 98.4 102.1 102.4 99.9 99.3 99.4 95.6 99.0 98.1 102.1 100.7 99.1 98.4 98.0 95.7 97.3 98.1 100.5 100.7 99.0 98.3 98.1 96.3 97.0 99.7 99.7 99.3 99.0 98.8 99.4 97.1 97.5 99.8 99.8 101.6 99.2 97.8 98.9 96.8 97.3 99.7 99.8 101.1 98.6 97.5 97.6 97.1 97.0 100.1 99.8 100.9 97.8 97.7 97.0 97.8 97.1 100.1 98.6 100.8 96.1 96.7 97.1 97.4 96.3 99.9 97.1 100.6 95.2 96.3 97.8 97.2 96.0 99.8 91.5 100.6 93.6 97.3 98.5 95.6 96.6 98.9 91.4 101.8 94.5 98.0 98.7 95.6 96.7 99.1 96.8 1,002.0 94.3 2 Crude materials, inedible, except fuels........................... 24 25 28 29 6 Manufactured goods classified chiefly by materials.... 98.2 98.0 96.8 95.0 94.8 93.8 92.4 92.0 92.4 92.3 92.2 92.6 92.3 62 64 Rubber manufactures, n.e.s.............................................. Paper, paperboard, and articles of paper, pulp, 99.4 99.0 98.8 98.7 98.7 98.5 97.8 97.9 97.3 97.6 97.6 97.9 98.1 66 68 69 Nonmetallic mineral manufactures, n.e.s......................... Nonferrous metals.............................................................. Manufactures of metals, n.e.s.......................................... 103.7 99.7 96.1 100.0 102.7 99.4 95.3 100.1 101.7 99.3 91.0 99.3 99.9 99.1 83.4 99.3 99.3 99.3 82.2 99.3 98.6 97.5 78.7 99.7 97.6 97.2 73.7 99.5 96.1 97.5 73.8 99.0 95.0 97.2 76.4 99.0 93.7 97.0 77.2 98.5 93.4 96.9 76.9 98.5 92.5 96.9 79.2 98.2 91.9 97.0 79.7 98.2 97.0 7 Machinery and transport equipment................................ 72 74 75 76 98.5 98.5 98.2 98.1 98.0 98.0 97.9 97.7 97.4 97.2 97.1 97.2 99.2 99.1 98.5 98.6 99.1 99.2 99.0 98.7 98.5 98.5 98.5 98.6 98.8 General industrial machines and parts, n.e.s., Computer equipment and office machines..................... Telecommunications and sound recording and 98.3 93.9 98.2 93.6 98.0 92.1 97.8 91.7 98.0 90.0 98.7 89.1 98.1 89.0 97.8 88.8 98.1 88.6 97.5 88.2 97.5 88.1 97.6 88.2 97.4 88.0 97.2 98.8 99.8 97.3 98.9 99.7 97.1 98.7 88.7 96.8 98.6 100.0 96.5 98.7 100.3 96.4 98.6 100.2 96.3 97.0 100.3 95.7 96.9 1,001.0 95.1 97.0 100.2 94.8 96.8 100.1 94.8 97.0 100.2 94.5 97.1 100.0 Road vehicles.................................................................... 97.1 99.2 99.7 85 Footwear............................................................................ 100.2 100.1 100.1 100.5 100.4 99.9 99.9 100.3 99.3 99.6 99.5 99.0 99.1 88 Photographic apparatus, equipment, and supplies, and optical ooods. n.e.s................................................. 98.8 98.5 97.9 97.9 98.2 98.6 98.5 98.4 97.7 97.3 97.2 97.2 97.2 77 78 114 2002 2001 Industry Rev. 3 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 40. U.S. export price indexes by end-use category [2000 = 100] 2002 2001 Category Nov. Oct. Sept. Aug. July June May Jan. Dec. May Apr. Mar. Feb. ALL COMMODITIES.......................................................... 99.6 99.4 99.0 98.8 99.0 98.3 97.8 97.6 97.5 97.3 97.6 98.0 98.0 Foods, feeds, and beverages......................................... Agricultural foods, feeds, and beverages................. Nonagricultural (fish, beverages) food products..... 99.8 100.6 92.7 100.4 101.2 92.6 101.7 102.4 94.8 102.6 104.0 90.2 102.6 103.6 92.9 101.2 102.2 91.9 99.7 100.7 90.9 100.6 101.6 90.4 102.0 102.6 96.3 98.9 99.4 94.5 99.7 100.0 98.3 100.3 100.8 96.2 100.4 100.9 96.1 Industrial supplies and materials................................... 98.0 97.2 95.5 94.8 95.2 93.6 92.3 91.4 91.5 91.4 91.9 93.4 93.7 Agricultural industrial supplies and materials........... 102.1 99.3 98.5 97.2 96.8 93.8 92.1 93.3 92.3 92.9 93.6 93.6 93.0 106.0 102.8 96.9 97.6 103.2 93.6 88.5 83.5 85.6 83.8 85.6 90.3 87.9 96.5 96.3 96.1 97.0 94.9 97.0 94.0 96.8 93.8 95.5 93.4 95.1 92.8 94.4 92.3 94.1 92.3 94.4 92.2 94.4 92.6 94.2 94.0 94.3 94.7 94.1 100.4 101.7 99.4 100.3 101.7 99.1 100.2 101.8 98.9 100.0 101.5 98.6 100.0 101.6 98.6 99.7 101.6 98.2 99.7 101.6 98.1 99.4 101.5 97.7 99.1 102.1 97.2 99.2 102.0 97.3 99.4 102.1 97.5 99.5 101.8 97.6 99.2 101.8 97.3 100.5 100.4 100.5 100.5 100.4 100.5 100.4 100.5 100.7 100.8 100.9 100.7 100.9 99.8 99.1 100.5 99.9 99.1 100.5 99.5 98.2 100.6 99.1 98.2 99.9 99.1 98.1 99.7 98.9 98.2 99.3 98.9 98.2 99.2 99.2 97.7 100.2 97.3 100.9 97.2 98.3 97.2 98.9 97.5 99.6 97.8 99.5 97.8 Fuels and lubricants..................................................... Nonagricultural supplies and materials, excluding fuel and building materials...................... Selected building materials......................................... Electric and electrical generating equipment........... Durables, manufactured............................................. 99.4 98.9 99.9 99.4 99.0 100.0 99.5 98.9 100.2 99.5 98.9 100.2 99.7 99.1 100.4 99.7 99.0 100.6 Agricultural commodities................................................. Nonagricultural commodities......................................... 100.8 99.5 100.9 99.3 101.8 98.8 102.8 98.5 102.5 98.6 100.7 98.1 Consumer goods, excluding automotive..................... 41. U.S. import price indexes by end-use category [2000 = 100] 2002 2001 Category May June July Aug. Sept. Oct. Nov. Dec. Mar. Feb. Jan. Apr. May ALL COMMODITIES.......................................................... 98.0 97.6 96.1 96.0 95.9 93.7 92.3 91.4 91.6 91.6 92.8 94.3 94.4 Foods, feeds, and beverages......................................... Agricultural foods, feeds, and beverages................. Nonagricultural (fish, beverages) food products..... 96.6 98.4 92.9 95.4 97.0 92.2 94.4 96.7 89.7 94.5 96.9 89.5 95.0 97.8 89.2 94.5 97.8 87.8 95.2 99.5 86.4 94.6 98.3 86.8 95.7 99.9 87.0 93.8 97.2 86.8 95.0 99.5 85.5 96.0 100.9 85.5 97.2 102.7 85.2 Industrial supplies and materials................................... 96.5 95.5 91.4 91.0 91.0 84.3 79.9 77.6 79.1 79.8 84.9 90.3 90.9 Fuels and lubricants..................................................... Petroleum and petroleum products....................... 93.4 90.3 90.9 89.4 84.8 84.6 86.0 86.1 86.1 86.7 72.9 73.4 65.7 63.6 61.6 59.9 64.5 63.0 65.9 65.7 76.4 76.9 87.1 86.7 88.4 88.4 Paper and paper base stocks.................................... Materials associated with nondurable supplies and materials............................................... Selected building materials.......................................... Unfinished metals associated with durable goods.. Nonmetals associated with durable goods.............. 102.2 100.0 98.0 95.1 93.9 93.1 92.3 90.7 90.0 88.8 88.0 87.0 86.4 101.4 100.1 94.2 100.9 100.3 111.1 93.6 100.6 98.6 103.0 91.4 100.1 98.0 102.9 87.4 100.2 97.9 103.7 87.1 100.4 98.0 99.9 85.1 99.9 96.7 96.1 82.1 98.9 96.2 92.9 82.1 99.0 96.3 93.1 83.2 98.4 96.0 96.1 83.8 97.6 95.9 100.7 83.8 97.2 97.4 101.0 86.2 97.6 97.8 99.6 86.6 96.7 97.8 101.8 96.9 97.7 101.8 96.7 97.3 101.6 96.2 97.1 101.3 96.0 96.8 101.4 95.6 96.7 101.4 95.4 96.5 101.2 95.3 96.2 100.6 94.9 95.7 97.3 94.8 95.4 96.7 94.5 95.2 95.5 94.4 95.2 95.3 94.5 95.1 94.9 94.4 Durables, manufactured............................................. Nonmanufactured consumer goods.......................... https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 42. [2000 99.8 99.8 99.7 99.6 99.9 100.1 100.0 100.1 99.8 100.1 99.9 100.1 99.9 99.5 100.0 99.0 99.6 99.3 99.8 98.9 99.2 99.2 100.0 98.6 97.6 99.2 100.0 98.6 97.4 99.1 99.6 98.7 97.9 98.9 99.6 98.4 95.8 98.8 99.6 98.3 95.7 98.7 99.7 98.0 96.4 98.7 99.8 97.8 95.8 98.4 99.7 97.4 95.7 98.2 99.2 97.3 96.1 98.1 99.1 97.2 95.8 98.2 99.1 97.2 97.6 U.S. international price Indexes for selected categories of services = 100] 2001 2000 Category Mar. June Sept. Air freight (inbound)............................................................ Air freight (outbound).......................................................... 100.7 99.2 100.1 100.3 100.2 100.2 Air passenger fares (U.S. carriers)................................... Air passenger fares (foreign carriers).............................. Ocean liner freight (inbound)............................................ 95.8 97.1 96.6 101.2 103.1 103.2 101.1 102.1 101.3 Dec. Mar. June 2002 Sept. Dec. Mar. 99.0 100.2 97.9 100.1 95.1 98.0 94.9 97.6 95.2 97.9 93.8 95.3 99.9 97.6 101.0 101.9 100.7 102.8 106.4 107.6 110.2 98.1 103.5 103.3 99.4 91.7 103.8 100.8 Monthly Labor Review 100.8 93.6 July 2002 115 C urrent Labor S ta tistic s : 43. Productivity Data Indexes of productivity, hourly compensation, and unit costs, quarterly data seasonally adjusted [1992 = 100] Item 1999 2000 2001 I II III IV 1 II III IV I 112.7 124.1 107.7 110.2 112.9 111.2 112.5 124.3 107.1 110.5 113.2 111.5 113.6 123.4 107.3 110.4 114.1 111.8 115.2 127.0 107.8 110.2 115.3 112.1 115.3 131.4 110.5 114.0 110.7 112.8 117.2 132.4 110.5 113.0 114.1 113.4 117.3 135.0 111.7 115.1 111.2 113.7 117.9 136.8 111.9 117.5 112.1 123.2 106.9 109.9 114.3 111.5 111.9 123.4 106.3 “ 0.3 113.8 111.9 112.9 124.5 106.6 110.3 115.8 112.3 114.7 126.3 107.2 110.1 117.0 112.6 114.7 130.8 110.2 113.0 112.3 223.4 116.4 131.5 109.8 113.0 115.6 113.9 116.6 134.5 111.1 115.2 112.8 114.3 114.3 120.2 104.3 104.2 105.1 101.6 137.1 110.7 106.9 114.5 120.4 103.8 104.5 105.2 102.6 135.5 111.0 107.1 114.6 121.2 103.7 105.4 105.7 104.6 127.8 110.5 107.3 115.2 122.7 104.1 106.1 106.5 105.1 126.5 110.6 107.8 116.7 126.9 106.7 107.8 108.7 105.4 120.5 109.3 108.9 116.8 127.8 106.6 108.9 109.4 107.7 120.4 110.9 209.9 117.6 130.4 107.9 110.4 110.9 108.9 111.4 109.5 110.5 112.2 112.6 11 T 110.4 108.3 110.9 94.9 108.9 11 1 iii A 128.0 120.6 103.7 94.3 128.8 120.9 104.2 93.9 129.8 122.6 104.9 94.4 132.1 124.2 105.4 94.0 133.6 131.4 110.5 98.4 134.9 129.3 107.9 95.9 135.4 132.2 109.4 97.7 135.9 131.5 108.0 96.7 135.4 132.0 107.4 97.5 II 2002 III IV I 117.9 137.8 111.1 116.8 115.5 116.4 120.1 138.3 111.6 115.1 117.2 115.9 122.5 139.0 112.2 113.9 119.6 116.0 117.2 136.7 110.2 116.6 117.2 116.8 119.3 137.2 110.7 115.0 119.2 116.5 121.8 138.4 111.3 113.6 121.3 116.4 118.2 132.7 107.0 113.7 112.3 117.6 99.7 113.1 112.5 121.3 133.6 107.8 111.8 110.2 116.2 109.6 114.5 111.6 122.8 134.9 108.5 111.6 109.9 116.0 109.4 114.3 111.4 136.4 133.3 107.5 97.8 137.6 134.3 108.3 97.6 140.9 136.5 109.6 96.9 Business Output per hour of all persons........................................... Compensation per hour..................................................... Real compensation per hour............................................. Unit labor costs.................................................................... Unit nonlabor payments................................................... Implicit price deflator....................................................... 111.8 112.0 137.5 111.0 113.6 115.8 Nonfarm business Output per hour of all persons.......................................... Compensation per hour.................................................... Real compensation per hour............................................. Unit labor costs............................................................... Unit nonlabor payments..................................................... Implicit price deflator........................................................ 117.1 135.3 111.2 116.7 113.4 114.8 113.8 117.3 ‘2‘ .7 108.2 116.6 110.1 Nonfinancial corporations Output per hour of all employees..................................... Compensation per hour..................................................... Real compensation per hour............................................. Total unit costs......................................................... Unit labor costs.................................................................. Unit nonlabor costs........................................................... Unit profits............................................................ Unit nonlabor payments..................................................... Implicit price deflator........................................................... 106.9 11U.O 116.3 . 106.5 113.3 115.6 97.2 110.9 112.0 Manufacturing Output per hour of all persons.......................................... Compensation per hour...................................................... Real compensation per hour............................................. Unit labor costs.................................................................... 116 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 135.4 98.2 44. Annual indexes of multifactor productivity and related measures, selected years [1996 = 100, unless otherwise indicated] Ite m 1960 1970 1980 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 Private business Productivity: 95.8 100.0 100.0 100.0 100.0 102.0 100.5 101.1 105.2 104.8 100.1 102.6 110.6 104.8 100.1 102.6 110.6 95.6 92.6 94.6 96.3 98.0 96.0 97.3 97.6 100.0 100.0 100.0 100.0 103.7 104.7 104.0 101.5 106.4 110.4 107.7 104.7 106.4 110.4 107.7 104.7 95.3 98.8 97.1 88.4 96.5 100.3 98.1 92.6 97.5 99.9 98.6 95.8 100.0 100.0 100.0 100.0 101.7 100.2 100.9 105.1 104.5 99.8 102.4 110.6 104.5 99.8 102.4 110.6 89.0 87.3 88.4 96.8 91.8 89.5 91.0 96.5 95.4 92.3 94.4 96.3 97.8 95.9 97.2 97.6 100.0 100.0 100.0 100.0 103.8 104.9 104.2 101.5 106.6 110.8 108.0 104.7 106.6 110.8 108.0 104.7 95.0 97.5 98.3 95.4 100.0 100.0 100.0 100.0 101.9 101.1 100.4 103.3 105.0 104.0 102.6 108.7 109.0 105.0 105.0 113.4 112.8 104.5 106.1 116.9 117.1 105.6 109.8 123.5 124.3 106.5 113.2 130.7 124.3 106.5 113.2 130.7 100.4 97.9 100.1 93.6 92.1 97.0 100.0 100.0 100.0 100.0 100.0 100.0 101.4 102.2 103.7 105.7 103.0 102.9 103.6 104.5 107.3 111.3 105.1 106.0 104.0 108.0 109.5 112.8 110.0 107.9 103.7 111.9 107.0 120.4 108.9 110.2 105.5 116.9 103.9 120.4 114.2 112.5 105.2 122.8 109.2 127.2 116.8 115.5 105.2 122.8 109.2 127.2 116.8 115.5 45.6 110.4 65.2 27.5 63.0 111.1 80.0 42.0 75.8 101.5 88.3 59.4 90.2 99.3 95.3 83.6 91.3 96.1 94.4 82.6 94.8 97.7 96.6 85.7 95.4 98.5 97.1 88.5 96.6 100.3 98.1 92.8 97.3 99.7 98.4 54.0 24.9 42.3 41.3 61.0 37.8 52.4 56.7 71.9 58.6 67.3 74.7 89.4 84.2 87.7 90.8 88.3 86.0 87.5 95.0 89.3 87.7 88.8 97.0 91.8 89.8 91.1 96.8 48.7 120.1 69.1 27.2 64.9 118.3 82.6 41.9 77.3 105.7 90.5 59.6 90.3 100.0 95.6 83.5 91.4 96.6 94.7 82.5 94.8 97.9 96.6 85.5 50.1 22.6 39.3 40.5 59.3 35.5 50.7 54.8 70.7 56.4 65.9 73.1 89.2 83.5 87.3 90.3 88.0 85.4 87.1 94.7 41.8 124.3 72.7 38.5 54.2 116.5 84.4 56.5 70.1 100.9 86.6 75.3 92.8 101.6 99.3 97.3 92.0 30.9 51.3 38.2 28.2 52.9 104.2 48.5 85.4 44.8 48.8 67.0 107.5 74.7 92.5 75.0 73.7 87.0 104.8 95.8 99.9 92.5 92.5 98.0 Inputs: Private nonfarm business Productivity: Inputs: Manufacturing (1992 = 100) Productivity: Inputs: Combined units of all factor inputs................................ https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 117 C u rre n t Labor S ta tistic s : 45. Productivity Data Annual indexes of productivity, hourly compensation, unit costs, and prices, selected years [1992 = 100] Item 1960 1970 1980 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 Business Output per hour of all persons................................. Compensation per hour.................................... Real compensation per hour................................. Unit labor costs................................................ Unit nonlabor payments.................................................... Implicit price deflator........................................... 48.8 13.7 59.8 28.0 25.2 27.0 67.0 23.5 78.6 35.1 31.6 33.9 80.4 54.2 89.2 67.4 61.5 65.2 95.2 90.7 96.3 95.3 93.9 94.8 100.5 102.5 100.0 101.9 102.5 102.2 101.9 104.5 99.9 102.6 106.4 104.0 102.6 106.7 99.6 104.1 109.4 106.0 105.4 110.1 100.1 104.5 113.3 107.7 107.8 113.5 101.0 105.3 117.1 109.7 110.6 119.7 105.0 108.2 114.5 110.6 113.5 125.2 107.6 110.3 113.9 111.8 116.9 133.8 111.2 114.4 112.0 1113.5 118.2 137.7 111.4 116.5 114.7 115.8 51.9 14.3 62.6 27.5 24.6 26.5 68.9 23.7 79.2 34.4 31.3 33.3 82.0 54.6 89.8 66.5 60.5 64.3 95.3 90.5 96.2 95.0 93.6 94.5 100.5 102.2 99.7 101.7 102.8 106.6 99.4 103.7 110.4 106.1 105.4 109.8 99.8 104.2 113.5 107.6 107.5 113.1 100.6 105.2 118.0 109.8 110.3 119.1 104.5 108.0 115.7 110.8 112.9 124.3 106.8 110.1 115.5 112.1 116.2 133.0 110.6 114.4 103.0 102.2 101.8 104.3 99.7 102.5 106.9 104.1 113.5 114.1 117.5 136.6 110.5 116.3 116.4 116.3 55.4 15.6 68.1 26.8 28.1 23.3 50.2 30.2 28.8 70.4 25.3 84.4 34.8 35.9 31.9 44.4 35.1 35.6 81.1 56.4 92.9 68.4 69.6 65.1 68.8 66.0 68.4 95.4 90.8 96.5 95.9 95.2 98.0 94.3 97.1 95.8 100.7 102.0 99.6 101.0 101.3 100.2 113.2 103.5 102.1 103.1 104.2 99.6 101.1 101.0 101.3 131.7 109.0 103.7 104.2 106.2 99.0 102.0 101.9 102.2 139.0 111.6 105.1 107.5 109.0 99.0 101.2 101.4 100.6 152.2 113.8 105.5 108.4 110.3 98.1 101.5 101.8 100.9 156.9 115.2 106.2 111.7 116.0 101.7 103.3 103.8 102.2 141.7 112.3 106.6 114.7 121.1 104.1 105.1 105.6 103.5 131.7 110.7 107.3 117.1 129.2 107.4 109.8 110.3 108.3 113.2 109.5 110.0 118.3 132.4 107.0 112.9 111.9 115.8 100.5 111.8 111.9 41.8 14.9 65.0 35.6 26.8 30.2 54.2 23.7 79.2 43.8 29.3 35.0 70.1 55.6 91.4 79.3 80.2 79.9 92.9 90.8 96.4 97.8 99.8 99.0 101.9 102.7 100.2 100.8 100.9 100.9 105.0 105.6 101.0 100.7 102.8 102.0 109.0 107.9 100.6 99.0 106.9 103.9 112.8 109.4 99.4 96.9 109.9 104.8 117.6 111.5 99.1 94.8 110.0 104.1 123.3 117.4 103.0 95.2 103.7 100.4 129.7 122.1 104.9 94.1 104.9 100.7 134.9 131.1 109.0 97.2 107.0 103.2 136.2 133.1 107.7 97.8 Nonfarm business Output per hour of all persons......................................... Compensation per hour................................................ Real compensation per hour............................................ Unit labor costs............................................... Unit nonlabor payments........................................ Implicit price deflator..................................................... Nonfinancial corporations Output per hour of all employees..................................... Compensation per hour................................................ Real compensation per hour................................. Total unit costs...................................................... Unit labor costs.......................................................... Unit nonlabor costs................................................... Unit profits..................................................... Unit nonlabor payments................................................ Implicit price deflator............................................... Manufacturing Output per hour of all persons.......................................... Compensation per hour.................................................. Real compensation per hour......................................... Unit labor costs............................................... Unit nonlabor payments.................................................... Implicit price deflator................................................... Dash indicates data not available. 118 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 - 46. Annual indexes of output per hour for selected 3-digit SIC industries [1987=100] Industry SIC 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Mining 97.9 99.8 115.2 141.6 133.0 102.1 105.0 118.1 159.8 141.2 105.9 103.6 126.0 160.8 148.1 112.4 108.7 117.2 144.2 155.9 119.4 105.4 116.5 138.3 168.0 123.9 107.2 118.9 158.5 176.6 125.2 112.6 118.3 187.6 188.0 127.5 110.2 110.0 197.5 194.9 134.5 105.0 122.6 239.9 207.0 142.5 101.9 97.1 107.3 95.6 105.4 92.7 99.6 108.3 99.2 104.9 90.6 104.6 111.4 100.5 107.8 93.8 104.3 109.6 106.8 109.2 94.4 101.2 111.8 107.6 108.4 96.4 102.3 116.4 109.1 115.4 97.3 97.4 116.0 109.2 108.0 95.6 102.5 119.3 110.7 118.2 99.1 102.3 119.3 117.8 126.2 100.9 101.8 112.7 120.4 129.3 106.4 102.9 113.5 123.5 127.5 107.6 206 207 208 209 211 103.2 118.1 117.0 99.2 113.2 102.0 120.1 120.0 101.7 107.6 99.8 114.1 127.1 101.5 111.6 104.5 112.6 126.4 105.2 106.5 106.2 111.8 130.1 100.9 126.6 108.3 120.3 133.5 102.9 142.9 113.7 110.1 135.0 109.1 147.2 116.7 120.2 135.5 104.0 147.2 123.0 137.3 136.4 112.4 152.2 127.0 154.4 129.7 113.9 137.7 130.5 151.4 128.6 116.3 139.1 Narrow fabric mills....................................................... Knitting mills................................................................. Textile finishing, except wool.................................... 221 222 224 225 226 103.1 111.3 96.5 107.5 83.4 111.2 116.2 99.6 114.0 79.9 110.3 126.2 112.9 119.3 78.6 117.8 131.7 111.4 127.9 79.3 122.1 142.5 120.1 134.1 81.2 134.0 145.3 118.9 138.3 78.5 137.3 147.6 126.3 150.3 79.2 131.2 162.2 110.8 138.0 94.3 136.2 168.6 117.7 135.9 93.7 139.3 175.3 124.9 146.6 94.4 140.2 167.4 117.1 155.6 97.2 Carpets and rugs......................................................... Yarn and thread mills.................................................. Miscellaneous textile goods....................................... Men's and boys’ furnishings....................................... Women's and misses' outerwear.............................. 227 228 229 232 233 93.2 110.2 109.2 102.1 104.1 89.2 111.4 104.6 108.4 104.3 96.1 119.6 106.5 109.1 109.4 97.1 126.6 110.4 108.4 121.8 93.3 130.7 118.5 111.7 127.4 95.8 137.4 123.7 123.4 135.5 100.2 147.4 123.1 134.7 141.6 100.3 150.4 118.7 162.1 149.9 102.3 153.0 120.1 174.8 151.9 96.0 157.6 128.0 190.9 173.9 103.0 155.4 134.4 200.3 189.9 Women's and children's undergarments................. Hats, caps, and millinery............................................ Miscellaneous apparel and accessories.................. Miscellaneous fabricated textile products Sawmills and planing mills......................................... 234 235 238 239 242 102.1 89.2 90.6 99.9 99.8 113.7 91.1 91.8 100.7 102.6 117.4 93.6 91.3 107.5 108.1 124.5 87.2 94.0 108.5 101.9 138.0 77.7 105.5 107.8 103.3 161.3 84.3 116.8 109.2 110.2 174.5 82.2 120.1 105.6 115.6 208.9 87.1 101.5 119.2 116.9 216.4 98.7 108.0 117.3 118.7 294.7 99.3 105.8 128.8 125.4 352.3 106.1 111.3 132.5 124.4 Mlllwork, plywood, and structural members............ Wood buildings and mobile homes........................... Miscellaneous wood products................................... Household furniture.................................................... . 243 244 245 249 251 98.0 111.2 103.1 107.7 104.5 98.0 113.1 103.0 110.5 107.1 99.9 109.4 103.1 114.2 110.5 97.0 100.1 103.8 115.3 110.6 94.5 100.9 98.3 111.8 112.5 92.7 106.1 97.0 115.4 116.9 92.4 106.7 96.7 114.4 121.6 89.1 106.2 100.3 123.4 121.3 91.3 106.5 99.2 131.2 125.7 89.2 103.9 100.3 140.7 128.9 91.4 104.6 94.6 146.5 128.4 Office furniture............................................................. Public building and related furniture........................ Partitions and fixtures................................................. Miscellaneous furniture and fixtures........................ Pulp mills....................................................................... 252 253 254 259 261 95.0 119.8 95.6 103.5 116.7 94.1 120.2 93.0 102.1 128.3 102.5 140.6 102.7 99.5 137.3 103.2 161.0 107.4 103.6 122.5 100.5 157.4 98.9 104.7 128.9 101.1 173.3 101.2 110.0 131.9 106.4 181.5 97.5 113.2 132.6 118.3 214.9 121.1 110.7 82.3 113.1 207.6 125.6 121.9 86.6 108.9 222.4 125.9 119.1 84.8 111.2 202.0 131.9 110.5 78.8 Paper mills.................................................................... Paperboard mills......................................................... Paperboard containers and boxes............................ Miscellaneous converted paper products................ Newspapers................................................................. 262 263 265 267 271 102.3 100.6 101.3 101.4 90.6 99.2 101.4 103.4 105.3 85.8 103.3 104.4 105.2 105.5 81.5 102.4 108.4 107.9 107.9 79.4 110.2 114.9 108.4 110.6 79.9 118.6 119.5 105.1 113.3 79.0 111.6 118.0 106.3 113.6 77.4 112.0 126.7 109.7 119.5 79.0 114.8 127.8 113.5 123.0 83.6 126.2 134.9 111.9 126.0 86.0 133.5 135.3 112.9 128.3 88.3 Periodicals.................................................................... Books............................................................................. 272 273 274 275 276 93.9 96.6 92.2 102.5 93.0 89.5 100.8 95.9 102.0 89.1 92.9 97.7 105.8 108.0 94.5 89.5 103.5 104.5 106.9 91.1 81.9 103.0 97.5 106.5 82.0 87.8 101.6 94.8 107.2 76.9 89.1 99.3 93.6 108.3 75.2 100.1 102.6 114.5 108.8 77.9 112.2 100.9 119.4 109.9 76.7 111.2 106.1 127.2 115.0 70.6 109.9 106.1 127.8 118.7 69.4 Plastics materials and synthetics............................. 277 278 279 281 282 100.6 99.4 99.3 106.8 100.9 92.7 96.1 100.6 109.7 100.0 96.7 103.6 112.0 109.7 107.5 91.4 98.7 115.3 105.6 112.0 89.0 105.4 111.0 102.3 125.3 92.5 108.7 116.7 109.3 128.3 90.8 114.5 126.2 110.1 125.3 92.2 114.2 123.3 116.8 135.4 104.1 116.5 126.7 145.8 142.2 109.3 123.8 121.5 148.5 148.6 105.1 126.2 119.6 141.3 151.0 Drugs............................................................................. Soaps, cleaners, and toilet goods............................ Paints and allied products......................................... Industrial organic chemicals..................................... Agricultural chemicals................................................ 283 284 285 286 287 103.8 103.8 106.3 101.4 104.7 104.5 105.3 104.3 95.8 99.5 99.5 104.4 102.9 94.6 99.5 99.7 108.7 108.8 92.2 103.8 104.6 111.2 116.7 99.9 105.0 108.7 118.6 118.0 98.6 108.5 112.5 120.9 125.6 99.0 110.0 112.4 126.4 126.4 111.3 119.8 104.3 122.7 126.8 105.7 118.0 105.6 114.8 122.7 120.6 104.6 106.2 124.8 124.6 127.8 112.0 102 104 122 131 142 102.7 122.3 118.7 100.5 127.4 122.4 97.0 102.2 Meat products............................................................... Dairy products.............................................................. Preserved fruits and vegetables................................ Grain mill products....................................................... Bakery products........................................................... 201 202 203 204 205 Sugar and confectionery products............................ Fats and oils................................................................. Beverages..................................................................... Miscellaneous food and kindred products............... Copper ores................................................................. Gold and silver ores.................................................... Bituminous coal and lignite mining........................... Crude petroleum and natural gas............................. Crushed and broken stone........................................ Manufacturing Manifold business forms............................................ Greeting cards............................................................. Blankbooks and bookbinding.................................... Printing trade services................................................ See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 119 C urrent Labor S ta tistic s : Productivity Data 46. Continued - Annual indexes of output per hour for selected 3-digit SIC industries [1987=100] Industry SIC Miscellaneous chemical products............................. Petroleum refining....................................................... Asphalt paving and roofing materials....................... Miscellaneous petroleum and coal products........... Tires and inner tubes................................................. 289 291 295 299 301 97.3 109.2 98.0 94.8 103.0 96.1 106.6 94.1 90.6 102.4 101.8 111.3 100.4 101.5 107.8 107.1 120.1 108.0 104.2 116.5 123.8 104.9 96.3 124.1 107.8 132.3 111.2 87.4 131.1 110.1 142.0 113.1 87.1 138.8 120.3 149.2 123.1 96.5 149.1 120.8 155.8 124.7 98.5 144.1 123.3 170.2 123.4 86.5 142.1 125.6 180.2 126.1 82.9 145.9 Hose and belting and gaskets and packing............ Fabricated rubber products, n.e.c............................ Miscellaneous plastics products, n.e.c.................... Footwear, except rubber............................................ Flat glass....................................................................... 305 306 308 314 321 96.1 109.0 105.7 101.1 84.5 92.4 109.9 108.3 94.4 83.6 97.8 115.2 114.4 104.2 92.7 99.7 123.1 116.7 105.2 97.7 102.7 119.1 120.8 113.0 97.6 104.6 121.5 121.0 117.1 99.6 107.4 121.0 124.7 126.1 101.5 113.5 125.3 129.9 121.4 107.6 112.7 132.3 133.8 110.9 114.0 110.6 136.9 140.9 132.6 129.4 115.4 144.7 145.4 146.2 140.4 Glass and glassware, pressed or blown................. Products of purchased glass..................................... Cement, hydraulic........................................................ Structural clay products............................................. Pottery and related products..................................... 322 323 324 325 326 104.8 92.6 112.4 109.6 98.7 102.3 97.7 108.3 109.8 95.9 108.9 101.5 115.1 111.4 99.5 108.7 106.2 119.9 106.8 100.3 112.9 105.9 125.6 114.0 108.5 115.7 106.1 124.3 112.6 109.4 121.4 122.0 128.7 119.6 119.4 128.3 125.1 133.1 111.9 124.2 135.2 122.0 134.1 114.8 127.4 139.3 130.2 138.6 123.5 122.0 135.8 137.2 136.9 124.8 121.2 Miscellaneous nonmetalllc mineral products......... Blast furnace and basic steel products.................... Iron and steel foundries............................................. Primary nonferrous metals......................................... 327 329 331 332 333 102.3 95.4 109.7 106.1 102.3 101.2 94.0 107.8 104.5 110.7 102.5 104.3 117.0 107.2 101.9 104.6 104.5 133.6 112.1 107.9 101.5 106.3 142.4 113.0 105.3 104.5 107.8 142.6 112.7 111.0 107.3 110.4 147.5 116.2 110.8 107.6 114.7 155.0 120.8 112.0 112.8 114.9 151.0 121.1 118.9 111.1 113.3 155.6 128.9 117.7 105.1 116.1 160.1 132.1 111.9 Nonferrous rolling and drawing................................. Nonferrous foundries (castings)................................ Miscellaneous primary metal products.................... Metal cans and shipping containers......................... Cutlery, handtools, and hardware............................. 335 336 339 341 342 92.7 104.0 113.7 117.6 97.3 91.0 103.6 109.1 122.9 96.8 96.0 103.6 114.5 127.8 100.1 98.3 108.5 111.3 132.3 104.0 101.2 112.1 134.5 140.9 109.2 99.2 117.8 152.2 144.2 111.3 104.0 122.3 149.6 155.2 118.2 111.3 127.0 136.2 160.3 114.6 115.7 131.5 140.0 163.8 115.7 121.4 129.8 149.0 157.9 121.9 118.0 129.7 154.3 159.5 125.4 Plumbing and heating, except electric..................... Fabricated structural metal products........................ Metal forgings and stampings.................................... Metal services, n.e.c.................................................... Ordnance and accessories, n.e.c............................. 343 344 346 347 348 102.6 98.8 95.6 104.7 82.1 102.0 100.0 92.9 99.4 81.5 98.4 103.9 103.7 111.6 88.6 102.0 104.8 108.7 120.6 84.6 109.1 107.7 108.5 123.0 83.6 109.2 105.8 109.3 127.7 87.6 118.6 106.5 113.6 128.4 87.5 127.3 111.9 120.2 124.4 93.7 130.5 112.7 125.9 127.3 96.6 125.7 112.8 128.3 126.1 91.0 132.2 112.8 129.8 135.7 92.8 Miscellaneous fabricated metal products................ Engines and turbines................................................... Farm and garden machinery..................................... Construction and related machinery........................ Metalworking machinery............................................. 349 351 352 353 354 97.5 106.5 116.5 107.0 101.1 97.4 105.8 112.9 99.1 96.4 101.1 103.3 113.9 102.0 104.3 102.0 109.2 118.6 108.2 107.4 103.2 122.3 125.0 117.7 109.9 106.6 122.7 134.7 122.1 114.8 108.3 136.6 137.2 123.3 114.9 107.7 136.9 141.2 132.5 119.2 111.6 146.1 148.5 137.6 119.8 109.3 151.5 128.6 133.6 123.0 109.2 164.5 139.6 139.8 129.8 Special industry machinery........................................ General industrial machinery..................................... Computer and office equipment................................ Refrigeration and service machinery........................ Industrial machinery, n.e.c......................................... 355 356 357 358 359 107.5 101.5 138.1 103.6 107.3 108.3 101.6 149.6 100.7 109.0 106.0 101.6 195.7 104.9 117.0 113.6 104.8 258.6 108.6 118.5 121.2 106.7 328.6 110.7 127.4 132.3 109.0 469.4 112.7 138.8 134.0 109.4 681.3 114.7 141.4 131.7 110.0 960.2 115.0 129.3 124.5 111.2 1356.6 121.4 127.5 138.6 113.1 1862.5 124.0 135.8 172.2 118.7 2172.0 122.3 141.8 Electric distribution equipment.................................. Electrical Industrial apparatus................................... Household appliances................................................ Electric lighting and wiring equipment..................... Communications equipment....................................... 361 362 363 364 366 106.3 107.7 105.8 99.9 123.8 106.5 107.1 106.5 97.5 129.1 119.6 117.1 115.0 105.7 154.9 122.2 132.9 123.4 107.8 163.1 131.8 134.9 131.4 113.4 186.4 143.0 150.8 127.3 113.7 200.7 143.9 154.3 127.4 116.9 229.5 142.8 164.2 142.9 121.8 275.4 147.5 162.3 150.2 129.2 284.5 148.9 158.3 149.5 132.4 371.9 155.4 157.0 162.4 134.8 448.8 Electronic components and accessories................. Miscellaneous electrical equipment & supplies... Motor vehicles and equipment................................... Aircraft and parts......................................................... Ship and boat building and repairing....................... 367 369 371 372 373 133.4 90.6 102.4 98.9 103.7 154.7 98.6 96.6 108.2 96.3 189.3 101.3 104.2 112.3 102.7 217.9 108.2 106.2 115.2 105.9 274.0 110.5 108.8 109.5 103.8 401.5 114.1 106.7 107.8 98.1 515.0 123.1 107.2 113.1 99.3 613.4 128.3 116.3 114.7 105.5 768.6 135.3 125.2 140.1 102.5 1062.6 147.2 136.7 138.1 113.1 1440.1 156.0 127.1 132.2 121.6 Railroad equipment..................................................... Motorcycles, bicycles, and parts............................... Guided missiles, space vehicles, parts.................... Search and navigation equipment............................ Measuring and controlling devices........................... 374 375 376 381 382 141.1 93.8 116.5 112.7 106.4 146.9 99.8 110.5 118.9 113.1 147.9 108.4 110.5 122.1 119.9 151.0 130.9 119.4 129.1 124.0 152.5 125.1 114.9 132.1 133.8 150.0 120.3 116.9 149.5 146.4 148.3 125.5 125.1 142.2 150.5 184.2 120.4 133.6 149.5 142.4 189.1 127.7 138.9 149.1 143.5 212.8 122.4 156.1 149.6 152.4 218.4 119.4 113.3 163.7 158.5 Medical instruments and supplies............................ Ophthalmic goods........................................................ Photographic equipment & supplies......................... Jewelry, silverware, and plated ware....................... Musical Instruments.................................................... 384 385 386 391 393 116.9 121.2 107.8 99.3 97.1 118.7 125.1 110.2 95.8 96.9 123.5 144.5 116.4 96.7 96.0 127.3 157.8 126.9 96.7 95.6 126.7 160.6 132.7 99.5 88.7 131.5 167.2 129.5 100.2 86.9 139.8 188.2 128.7 102.6 78.8 147.4 196.3 121.5 114.2 82.9 158.6 199.0 128.0 113.1 81.4 160.4 235.2 160.6 134.3 97.1 167.0 250.2 169.4 144.9 105.3 Concrete, gypsum, and plaster products................. See footnotes at end of table. Monthly Labor Review 20 Digitized for 1FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 1990 1991 1992 1993 1994 105.7 1995 1996 1997 1998 1999 2000 46. Continued - Annual indexes of output per hour for selected 3-digit SIC industries [1987=100] Industry Toys and sporting goods........................................... Pens, pencils, office, and art supplies..................... Costume jewelry and notions.................................... Miscellaneous manufactures.................................... SIC 394 395 396 399 1990 108.1 118.2 105 3 106.5 1991 109.7 116.8 106.7 109.2 1992 104.9 111.3 110 8 109.5 1993 114.2 111.6 115 8 107.7 1994 1995 1996 1997 1998 1999 2000 109.7 129.9 12Q n 113.6 135.2 148 7 119.9 144.1 14? ? 125.7 127.5 131.6 132.5 126.6 123.4 140.4 124.9 106.1 108.1 112.8 109.4 108.5 114.9 115.9 Transportation Railroad transportation............................................... 4011 118.5 127.8 139.6 145.4 150.3 156.2 167.0 169.8 173.3 182.5 195.8 111.1 104.0 92.9 116.9 103.7 92.5 123.4 104.5 96.9 126.6 107.1 100.2 129.5 106.6 105.7 125.4 106.5 108.6 130.9 104.7 111.1 132.4 108.3 111.6 129.9 109.8 108.4 131.6 110.9 109.1 131.2 113.6 110.7 481 483 484 491,3(pts.) 492,3(pts.) 113 3 104.9 92 6 110.1 105.8 119 8 106.1 87 6 113.4 109.6 127 7 185 5 142 2 108.3 88 5 106.7 85 8 110.1 88 4 109.6 105.8 101.7 104.5 108.4 109.9 115.2 111.1 24.1 121.8 50.5 125.6 80.8 137.1 116.8 145.9 150.0 158.6 159.6 144.4 162.0 147.2 169.6 160.6 Lumber and other building materials dealers......... Paint, glass, and wallpaper stores............................ Hardware stores........................................................... Retail nurseries, lawn and garden supply stores... Department stores....................................................... 521 523 525 526 531 104.3 106.8 115.3 84.7 96.8 102.3 100.4 108.7 89.3 102.0 106.4 107.6 115.2 101.2 105.4 111.4 114.2 113.9 107.1 110.4 118.9 127.8 121.2 117.0 113.5 117.8 130.9 115.6 117.4 116.1 121.6 133.5 119.5 136.4 123.8 121.8 134.8 119.0 127.5 129.1 134.2 163.5 137.9 133.7 135.8 143.0 165.1 147.6 150.4 146.0 144.2 170.1 145.7 154.5 160.4 Variety stores............................................................... Miscellaneous general merchandise stores............ Grocery stores............................................................. Meat and fish (seafood) markets.............................. Retail bakeries............................................................. 533 539 541 542 546 154.6 118.6 96.6 98.9 91.2 159.0 124.8 96.3 90.8 96.7 173.9 140.4 96.5 99.2 96.5 191.9 164.3 96.0 97.7 86.5 197.9 164.8 95.4 95.7 85.3 212.4 167.4 93.9 94.4 83.0 240.4 167.7 92.1 86.4 75.9 260.1 170.4 91.7 90.8 67.6 271.2 185.9 92.2 95.7 68.1 315.0 199.6 95.3 97.4 83.1 330.9 224.3 96.1 110.0 88.4 New and used car dealers......................................... Auto and home supply stores.................................... Gasoline service stations........................................... Men's and boy's wear stores..................................... Women's clothing stores............................................ 551 553 554 561 562 106.7 103.7 103.0 115.6 106.6 104.9 100.2 104.8 121.9 111.2 107.4 101.6 110.2 122.3 123.6 108.6 100.8 115.9 119.5 130.0 109.7 105.3 121.1 121.7 130.4 108.1 109.1 127.2 121.4 139.9 109.1 108.2 126.1 129.8 154.2 108.8 108.1 126.1 136.3 157.3 108.7 113.1 133.9 145.2 176.0 111.6 115.5 141.7 154.5 190.2 112.5 119.3 139.0 165.0 205.7 Family clothing stores................................................. Shoe stores................................................................... Furniture and homefurnlshings stores..................... Household appliance stores....................................... Radio, television, computer, and music stores....... 565 566 571 572 573 107.8 107.9 104.6 104.6 120.8 111.5 107.8 105.4 107.2 129.3 118.6 115.5 113.9 116.1 139.3 121.5 117.3 113.3 118.7 153.8 127.7 130.7 114.7 122.4 178.2 141.8 139.2 117.4 139.6 198.1 146.9 151.9 123.6 142.2 206.6 150.2 148.4 124.2 155.2 216.8 153.1 145.0 127.3 184.2 258.3 155.9 152.9 134.5 186.4 309.1 160.4 160.2 141.1 209.3 359.4 Eating and drinking places......................................... Drug and proprietary stores....................................... Liquor stores................................................................. Used merchandise stores........................................... Miscellaneous shopping goods stores..................... 581 591 592 593 594 104.5 106.3 105.9 103.0 107.4 103.8 108.0 106.9 102.3 109.3 103.4 107.6 109.6 115.7 107.9 103.8 109.6 101.8 116.7 111.7 102.1 109.9 100.1 119.5 117.3 102.0 111.1 104.7 120.6 123.2 100.6 113.9 113.8 132.6 125.3 101.6 119.8 109.9 140.3 129.4 102.0 125.7 116.5 163.6 138.7 104.0 129.8 114.5 183.2 143.7 107.3 136.9 127.7 216.7 150.6 Nonstore retailers........................................................ Fuel dealers................................................................. Retail stores, n.e.c....................................................... 596 598 599 111.1 84.6 114.5 112.5 85.3 104.0 126.5 84.3 112.5 132.2 91.9 118.1 149.0 99.0 125.8 152.5 111.4 127.0 173.5 112.5 140.2 186.8 109.1 147.8 208.3 105.8 157.4 220.6 115.2 162.5 263.2 117.3 168.1 Commercial banks....................................................... Hotels and motels........................................................ Laundry, cleaning, and garment services................ Photographic studios, portrait.................................... Beauty shops................................................................ 602 701 721 722 723 107.7 96.2 102.3 98.2 97.5 110.1 99.3 99.9 92.1 95.8 111.0 108.0 99.3 95.8 100.9 118.5 106.5 99.9 101.8 97.0 121.7 109.9 105.0 108.3 101.1 126.4 110.5 106.6 116.2 104.8 129.7 110.0 109.8 110.7 107.6 133.0 108.2 109.0 114.1 108.5 132.6 108.2 116.0 121.6 110.5 135.9 109.9 120.8 107.7 113.4 143.2 114.1 123.6 112.0 114.5 Barber shops................................................................ Funeral services and crematories............................. Automotive repair shops............................................. Motion picture theaters............................................... 724 726 753 783 100.7 91.2 107.9 118.1 94.9 89.9 100.1 118.2 113.2 103.8 105.1 114.8 121.9 98.7 105.7 113.8 118.8 104.3 114.3 110.4 115.7 100.2 121.6 105.0 128.8 97.6 116.1 104.1 150.4 101.9 117.2 103.4 157.4 104.2 124.9 106.1 132.8 100.2 126.4 108.7 129.9 93.9 128.5 112.3 July 2002 121 Trucking, except local1............................................. unitea states postal service ■.................................... 4213 431 Air transportation......................................................... 4512,13,22(pts.) utilities Telephone communications....................................... Radio and television broadcasting........................... Cable and other pay TV services............................. Electric utilities............................................................. Gas utilities................................................................... Trade Finance and services Herers to output per employee. " Heters to output per tun-time equivalent employee year on tiscai Dasis. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis n.e.c. = not elsewhere classified Monthly Labor Review Current Labor Statistics: 47. International Comparison Unemployment rates, approximating U.S. concepts, in nine countries, quarterly data seasonally adjusted 2000 2001 2001 2000 Annual average Country I III II IV I III II IV United States........ 4.0 4.8 4.0 4.0 4.1 4.0 4.2 4.5 4.8 5.6 Canada.................. 6.4 6.7 5.1 8.7 6.1 6.5 4.8 9.9 6.1 6.4 4.7 9.5 6.1 6.1 4.7 9.3 6.1 6.2 4.8 9.0 6.2 6.5 4.8 8.6 6.3 6.9 4.9 8.5 6.4 6.8 5.2 8.7 6.8 6.8 5.5 8.9 France1.................. 6.1 6.3 4.8 9.4 Germany1............. 12 Italy ' .................... 8.1 8.0 8.3 8.1 8.0 7.8 7.9 8.0 8.0 8.1 10.7 9.6 11.2 10.9 10.5 10.1 10.0 9.7 9.5 9.3 Sweden1................ United Kinndom1... 5.8 5.5 5.0 - 6.6 5.8 6.0 5.5 5.6 5.4 5.2 5.3 5.1 5.1 5.0 5.0 5.0 5.1 5.1 - 1 Preliminary for 2001 for Japan, France, Germany, Italy, Sweden, and the United Kingdom. See "Notes on the data" for information on breaks in series. For further qualifications and historical data, see Comparative Civilian 2 Quarterly rates are for the first month of the quarter. NOTE: Quarterly figures for France and Germany are calculated Labor Force Statistics, Ten Countries, 1959-2001 (Bureau of Labor Statistics, Mar. 25, 2002), on the Internet at by applying annual adjustment factors to current published data, h ttp ://w w w .b ls .g o v /fls /h o m e .h tm and therefore should be viewed as less precise indicators of Monthly and quarterly unemployment rates, updated monthly, are unemployment under U.S. concepts than the annual figures. Monthly Labor Review 122 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 also on ttlis si,e- Dash indicates data not available. 48. Annual data: Employment status of the working-age population, approximating U.S. concepts, 10 countries [Numbers in thousands] Employment status and country 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 128,105 14,177 8,557 129,200 14,308 8,613 131,056 14,400 8,771 132,304 14,517 8,995 133,943 14,669 9,115 136,297 14,958 9,204 137,673 15,237 9,339 139,368 15,536 9,466 140,863 15,789 9,678 141,815 16,027 9,817 66,870 C iv ilia n la b o r fo rc e United States..................................................................... Canada............................................................................... Australia.............................................................................. Japan.................................................................................. 65,040 65,470 65,780 65,990 66,450 67,200 67,240 67,090 66,990 France................................................................................ Germany............................................................................ 24,570 39,010 24,640 39,100 24,780 39,070 25,520 39,750 25,830 39,800 25,980 39,750 22,910 22,570 22,450 25,090 39,140 22,570 25,210 39,420 Italy...................................................................................... 24,830 38,980 22,460 22,680 22,960 23,130 23,340 23,540 Netherlands........................................................................ Sweden............................................................................... United Kingdom................................................................. 6,950 4,520 28,410 7,100 4,443 28,430 7,190 4,418 28,440 7,260 4,460 28,560 7,370 4,459 28,720 7,530 4,418 28,910 7,690 4,402 29,040 7,900 4,430 29,300 8,050 4,489 29,450 4.537 United States..................................................................... Canada............................................................................... Australia.............................................................................. Japan.................................................................................. France................................................................................ Germany............................................................................ 66.4 65.9 63.9 63.4 55.9 58.2 66.3 65.5 63.5 63.3 55.8 57.7 66.6 65.2 63.9 63.1 55.8 57.4 66.6 64.9 64.6 62.9 55.6 57.1 66.8 64.7 64.6 63.0 55.8 57.1 67.1 65.0 64.3 63.2 55.7 57.3 67.1 65.4 64.3 62.8 56.1 57.7 67.1 65.8 64.2 62.4 56.4 57.6 67.2 65.9 64.7 62.0 56.4 57.5 66.9 66.0 64.7 61.6 - Italy..................................................................................... 47.5 47.9 47.3 47.1 47.1 47.2 47.6 47.8 48.1 - Netherlands........................................................................ Sweden............................................................................... United Kinqdom................................................................. 57.8 65.7 63.1 58.6 64.5 62.8 59.0 63.7 62.7 59.2 64.1 62.7 59.8 64.0 62.8 60.8 63.3 62.9 61.7 62.8 62.9 62.8 62.8 63.2 63.5 63.8 63.3 64.2 - - - - P a rtic ip a tio n ra te 1 - E m p lo y e d United States..................................................................... Canada............................................................................... Australia.............................................................................. Japan.................................................................................. 118,492 12,672 7,660 63,620 120,259 12,770 7,699 63,810 123,060 13,027 7,942 63,860 124,900 13,271 8,256 63,890 126,708 13,380 8,364 64,200 129,558 13,705 8,444 64,900 131,463 14,068 8,618 64,450 133,488 14,456 8,808 63,920 135,208 14,827 9,068 63,790 135,073 14,997 9,157 63,470 France................................................................................ Germany............................................................................ 22,020 36,390 21,740 35,990 21,720 35,760 21,910 35,780 21,230 20,270 19,940 19,820 22,090 35,510 19,990 22,510 36,060 20,210 22,940 36,360 20,460 23,530 36,540 20,840 - Italy...................................................................................... 21,960 35,640 19,920 Netherlands....................................................................... Sweden............................................................................... United Kingdom................................................................. 6,560 4,265 25,530 6,630 4,028 25,450 6,670 3,992 25,720 6,760 4,056 26,070 6,900 4,019 26,380 7,130 3,973 26,880 7,380 4,034 27,210 7,640 4,117 27,530 7,810 4,229 27,830 21,280 4,309 - E m p lo y m e n t-p o p u la tio n ra tio 2 62.9 59.4 59.2 60.9 49.0 52.4 63.2 59.1 59.3 60.9 48.8 52.0 63.8 59.7 59.0 61.0 48.8 51.6 64.1 60.4 59.3 60.2 49.5 52.3 42.0 41.5 41.6 41.6 41.9 42.3 42.9 54.7 57.6 56.7 55.1 58.3 57.2 56.0 57.7 57.6 57.5 56.9 58.5 59.2 57.6 58.9 60.8 58.4 59.4 61.6 60.1 59.4 61.7 58.5 56.8 61.7 49.2 53.2 62.5 59.0 57.8 61.3 48.9 52.6 44.0 43.0 54.5 62.0 56.7 54.7 58.5 56.2 United States...................................................................... Canada............................................................................... Australia.............................................................................. Japan.................................................................................. 61.5 58.9 57.2 62.0 50.1 54.2 Italy..................................................................................... Sweden............................................................................... United Kinqdom................................................................. 64.3 61.3 59.8 59.4 50.1 52.6 64.5 62.1 60.6 59.0 51.1 52.8 63.8 61.9 60.3 58.4 _ - _ 61.0 - U n e m p lo y e d United States...................................................................... Canada............................................................................... Australia.............................................................................. Japan.................................................................................. 9,613 1,505 897 1,420 8,940 1,539 914 1,660 7,996 1,373 829 1,920 7,404 1,246 739 2,100 7,236 1,289 751 2,250 6,739 1,252 760 2,300 6,210 1,169 721 2,790 5,880 1,080 658 3,170 5,655 962 611 3,200 6,742 1,031 661 3,400 Germany............................................................................ 2,550 2,620 3,060 3,320 2,920 3,200 3,130 3,510 1,680 2,510 2,640 2,650 3,120 3,910 2,690 3,020 3,690 2,750 2,890 3,440 Italy...................................................................................... 2,900 3,110 2,300 2,670 2,450 3,210 2,500 2,270 Sweden.............................................................................. United Kingdom................................................................. 390 255 2,880 470 415 2,980 520 426 2,720 500 404 2,490 470 440 2,340 400 445 2,030 310 368 1,830 270 313 1,770 240 260 1,620 - 228 - U n e m p lo y m e n t ra te 4.9 8.4 8.3 3.4 12.4 9.9 4.5 7.7 7.7 4.1 11.8 9.3 4.2 7.0 7.0 4.7 11.2 8.6 4.0 6.1 6.3 4.8 9.4 8.1 4.8 6.4 6.7 5.1 8.7 8.0 11.8 5.4 8.8 8.2 3.4 12.5 9.0 11.7 11.9 12.0 11.5 10.7 9.6 6.9 9.1 8.7 6.4 9.9 8.1 5.3 10.1 7.0 4.0 8.4 6.3 3.4 7.1 6.0 7.5 10.6 10.5 2.2 10.4 6.7 6.9 10.8 10.6 2.5 11.8 8.0 6.1 9.5 9.4 2.9 12.3 8.5 5.6 8.6 8.2 3.2 11.8 8.2 Italy..................................................................................... 7.3 10.2 11.2 Sweden.............................................................................. United Kingdom................................................................. 5.6 5.6 10.1 6.6 9.3 10.5 7.2 9.6 9.6 United States...................................................................... Canada............................................................................... Australia............................................................................. Japan.................................................................................. Germany............................................................................ 1 Labor force as a percent of the working-age population. 2 Employment as a percent of the working-age population. NOTE: See notes on the data for information on breaks in series. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3.0 5.8 5.5 - _ 5.0 For further qualifications and historical data, see Comparative Civilian Labor Force Statistics, Ten Countries, 1959-2001 (Bureau of Labor Statistics, Mar. 25,2002), on the Internet at http://www.bls.gov/fls/home.htm Dash indicates data are not available. Monthly Labor Review July 2002 123 Current Labor Statistics: International Comparison 49. Annual indexes of m anufacturing productivity an d related measures, 12 countries [1992 = 100] It e m a n d c o u n t r y 1960 1980 1970 1989 1990 1991 1993 1994 1995 1997 1996 1998 1999 2000 Output per hour United States......................................................... Canada.................................................................. Japan..................................................................... Belgium................................................................. Denmark................................................................ France................................................................... Germany................................................................ Italy........................................................................ Netherlands........................................................... Norway.................................................................. Sweden................................................................. United Kingdom.................................................... 38.5 13.8 18.0 29.9 21.9 29.2 22.5 18.5 37,0 27.3 30.0 - 56.0 37.5 32.9 52.7 43.0 52.0 42.2 37.9 58.3 52.2 43.2 70.5 74.4 63.2 65.4 90.3 66.2 77.2 70.8 68.8 76.7 73.1 54.3 95.7 93.2 88.5 96.9 99.6 91.9 94.6 91.3 96.9 94.6 93.2 86.2 96.9 94.7 94.4 96.8 99.1 93.6 99.0 93.9 98.5 96.6 94.6 89.1 97.8 95.5 99.0 99.1 99.6 96.9 98.3 95.9 99.6 97.5 95.5 93.8 102.1 104.9 101.7 102.5 104.5 100.6 101.8 101.8 101.6 100.6 107.3 103.9 107.3 109.7 103.3 108.4 108.6 109.6 106.1 113.2 101.4 119.4 107.1 114.7 112.3 111.2 118.2 102.0 121.9 104.9 115.3 114.0 110.8 120.2 102.0 124.5 103.8 - 113.8 111.3 111.0 113.2 - 117.0 110.1 116.1 117.0 - 121.2 113.2 121.0 127.0 123.8 119.5 113.7 122.3 103.0 132.3 105.2 126.5 113.1 121.2 129.2 129.5 120.4 113.1 125.0 103.6 139.5 106.9 135.3 114.9 126.9 129.5 132.9 120.5 113.5 128.5 103.1 143.5 111.6 142.8 116.3 134.1 133.4 141.1 128.0 117.8 133.8 104.2 150.4 117.6 - Output United States......................................................... Canada................................................................. Japan..................................................................... Belgium.................................................................. Denmark................................................................ France.................................................................. Germany............................................................... Italy........................................................................ Netherlands.......................................................... Norway.................................................................. Sweden................................................................ United Kingdom.................................................... 34.0 10.7 30.7 40.8 31.0 41.5 23.0 31.5 57.0 45.9 67.3 60.0 39.2 57.6 68.0 64.1 70.9 48.1 59.1 89.9 80.7 90.2 75.8 85.2 60.4 78.2 91.3 88.7 85.3 84.4 76.8 103.6 90.7 87.2 102.4 112.1 90.9 99.1 104.3 97.2 94.0 98.3 96.6 101.3 110.9 105.5 101.6 107.5 97.1 101.0 102.7 99.1 99.1 99.4 99.9 100.2 110.1 105.3 98.3 99.2 102.0 100.7 101.7 99.8 102.3 99.3 100.4 98.3 104.1 100.0 103.5 105.0 96.3 97.0 99.0 95.7 92.5 96.5 98.4 102.7 101.9 101.4 111.1 113.0 94.9 101.4 109.3 100.3 95.2 102.4 104.6 106.7 117.1 106.1 118.4 118.5 98.9 104.2 114.7 104.9 95.3 107.2 108.1 109.0 128.4 107.8 121.3 120.0 103.0 106.6 109.7 104.6 92.6 105.4 108.7 110.1 131.1 108.5 127.9 127.3 106.5 113.8 118.5 109.7 95.7 108.8 111.5 115.7 138.0 109.9 133.1 132.5 100.2 116.4 120.8 115.0 97.2 110.5 114.8 117.7 147.6 110.8 141.2 140.8 101.9 118.0 119.8 117.3 95.9 110.2 118.1 114.0 153.6 111.1 147.0 148.8 107.6 122.2 125.8 121.2 101.7 113.9 123.7 110.9 163.4 113.3 92.1 88.3 77.8 170.7 136.5 141.2 142.3 102.3 170.5 154.1 168.3 224.6 104.4 107.1 104.4 174.7 129.0 148.9 136.3 113.8 156.1 154.3 154.7 208.8 107.5 114.6 95.6 119.7 101.1 133.2 110.5 119.3 111.7 135.0 124.0 160.5 107.1 120.2 102.7 102.3 104.7 105.8 99.3 107.6 99.7 107.1 119.0 122.4 104.8 113.5 102.9 104.3 103.7 105.9 100.1 105.9 101.4 103.7 116.4 118.1 100.4 103.9 103.1 101.5 102.1 103.1 104.1 103.6 100.9 100.8 109.0 106.6 101.4 100.1 94.7 94.7 94.8 95.1 90.8 94.9 96.8 102.1 94.9 97.6 103.6 103.0 91.9 93.6 92.4 86.8 96.5 92.4 105.2 98.1 99.1 104.0 106.4 89.1 92.0 91.5 84.9 96.4 91.5 106.8 105.3 102.7 103.6 109.0 88.7 91.1 90.7 81.2 95.1 90.4 107.9 105.3 104.5 105.5 112.4 88.0 89.6 88.6 80.1 95.7 91.1 112.3 104.3 104.5 105.2 117.1 82.7 90.1 88.8 80.7 97.7 91.8 113.6 105.8 103.6 104.3 122.6 80.3 91.1 88.3 79.6 97.1 92.0 110.6 107.1 99.5 102.9 128.0 80.2 91.7 85.9 79.5 96.7 92.5 106.4 108.6 96.3 14.9 10.0 4.3 5.4 4.6 4.3 8.1 1.7 6.4 4.7 4.1 3.0 23.7 17.1 16.4 13.7 13.3 10.3 20.7 5.0 20.2 11.8 10.7 6.1 55.6 47.6 58.5 52.5 49.6 40.8 53.6 29.0 64.4 39.0 37.3 32.1 86.6 82.6 84.0 85.9 87.7 86.0 83.2 77.4 88.6 87.2 79.4 73.8 90.8 88.3 90.5 90.1 92.7 90.6 89.4 85.8 90.9 92.3 87.8 82.9 95.6 95.0 96.4 97.3 95.9 96.2 91.5 94.2 95.3 97.5 95.5 93.8 102.7 102.0 102.8 104.8 104.6 103.1 106.4 106.1 103.8 101.5 97.4 104.7 105.6 103.7 104.9 106.1 105.6 111.7 108.1 108.2 104.4 100.0 106.8 107.9 106.0 108.3 109.2 108.5 117.6 114.6 110.7 109.2 106.5 107.9 109.4 107.0 109.2 110.9 110.3 122.4 122.0 113.0 113.6 114.4 109.5 111.4 109.3 112.9 114.9 113.1 124.7 127.2 115.8 118.7 119.4 113.8 117.4 111.6 115.8 116.6 115.7 126.5 125.6 120.6 126.1 124.4 120.5 122.1 113.1 115.2 118.3 118.7 129.3 129.4 124.0 133.4 127.5 129.6 130.7 117.0 114.5 121.1 125.7 133.5 133.6 131.0 140.1 130.7 134.7 25.9 31.3 30.1 15.4 19.4 27.8 7.5 34.6 12.8 15.0 9.8 30.5 43.8 41.7 25.2 24.0 39.8 11.9 53.3 20.3 20.6 14.1 78.8 63.9 92.5 80.3 55.0 61.3 69.4 41.0 93.7 50.8 51.0 59.0 90.5 88.6 94.9 88.7 88.1 93.5 87.9 84.8 91.4 92.2 85.1 85.6 93.7 93.3 95.9 93.0 93.6 96.8 90.3 91.5 92.3 95.6 92.8 93.0 97.6 99.5 97.4 98.1 96.3 99.3 93.1 98.2 95.6 100.0 100.0 100.1 100.6 97.2 101.1 102.3 100.1 102.4 104.5 104.3 102.1 100.9 90.8 100.8 98.5 94.5 101.5 97.9 93.0 97.3 101.9 101.9 95.6 102.9 83.8 99.7 94.8 95.2 97.6 96.4 93.8 94.6 104.7 103.0 93.7 107.0 87.4 102.9 93.5 97.2 94.0 94.7 100.9 95.7 107.4 110.0 94.0 111.4 91.9 105.5 91.9 96.5 93.3 90.5 96.9 91.4 104.3 111.9 94.7 115.2 90.2 108.2 92.8 98.6 95.5 90.2 98.7 89.4 105.1 111.1 96.5 121.7 89.2 112.7 90.2 98.4 90.8 91.4 101.9 89.3 107.4 1114.0 96.6 129.5 88.8 116.1 91.5 100.6 85.4 90.8 100.2 89.1 104.3 113.4 97.9 134.5 86.9 114.5 32.2 11.0 19.4 13.5 20.9 10.4 15.0 16.1 11.2 16.9 15.6 35.3 15.5 27.0 20.3 23.1 17.1 23.3 25.9 17.6 23.1 19.1 78.8 66.1 51.8 88.3 58.9 76.7 59.6 59.0 82.9 63.9 70.2 77.7 90.5 90.4 87.1 72.3 72.6 77.6 73.0 76.1 75.8 82.9 76.8 79.4 93.7 95.6 83.8 89.5 91.3 94.0 87.3 94.1 89.1 95.0 91.3 93.9 97.6 104.9 91.7 92.3 90.8 93.1 87.5 97.5 89.9 95.7 96.3 100.1 100.6 91.0 115.4 95.1 93.2 95.7 98.6 81.6 96.6 88.3 67.8 85.7 98.5 83.6 125.9 94.2 88.3 92.8 98.2 77.9 92.4 90.7 63.2 86.5 94.8 83.8 131.7 105.2 101.1 100.5 114.2 77.9 102.7 105.0 71.3 92.0 93.5 86.1 109.6 98.4 105.0 99.0 111.4 87.9 98.1 107.1 79.8 93.2 91.9 84.2 97.7 81.2 88.6 82.8 93.9 80.9 85.3 101.0 68.8 100.3 92.8 80.4 92.4 79.9 88.9 80.2 93.3 78.8 85.5 100.2 65.3 105.8 90.2 80.0 101.2 77.6 88.0 76.8 91.3 77.3 82.1 103.1 62.5 106.3 91.5 81.8 100.4 66.8 74.8 66.4 76.9 66.6 72.1 94.8 55.2 98.3 - - Total hours United States........................................................ Canada................................................................. Japan.................................................................... Belgium................................................................ Denmark............................................................... France.................................................................. Germany............................................................... Italy........................................................................ Netherlands.......................................................... Norway.................................................................. Sweden................................................................ United Kingdom.................................................... Compensation per hour Canada.................................................................. Japan..................................................................... Belgium................................................................ Denmark............................................................... France.................................................................. Germany.............................................................. Italy........................................................................ Netherlands.......................................................... Norway................................................................. United Kingdom.................................................... Unit labor costs: National currency basis Canada................................................................. Japan................................................................... Belgium................................................................ Denmark............................................................... France................................................................... Germany.............................................................. Italy........................................................................ Sweden................................................................ United Kingdom.................................................... Unit labor costs: U.S. dollar basis United States........................................................ Canada................................................................. Japan................................................................... Denmark.............................................................. France.................................................................. Germany.............................................................. Italy....................................................................... Netherlands.......................................................... United Kingdom................................................... - NOTE: Data tor Germany for years before 1991 are for the former West Germany. Data for 1991 onward are for unified Germany. Dash indicates data not available. 124 Monthly Labor Review https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 50. Occupational injury and illness rates by industry,1United States Industry and type of case 1989 1 1990 1992 1991 1993 4 1994 4 1995 4 1996 4 1997 4 1998 4 1999 4 2000 4 P R IV A T E S E C T O R 5 8.6 4.0 78.7 8.8 4.1 84.0 8.4 3.9 86.5 8.9 3.9 93.8 8.5 3.8 8.4 3.8 8.1 3.6 7.4 3.4 7.1 3.3 6.7 3.1 6.3 3.0 6.1 3.0 - - - - - - - - 10.9 5.7 100.9 11.6 5.9 112.2 10.8 5.4 108.3 11.6 5.4 126.9 11.2 5.0 10.0 4.7 9.7 4.3 8.7 3.9 8.4 4.1 7.9 3.9 7.3 3.4 7.1 3.6 - - - - - - - - 8.5 4.8 137.2 8.3 5.0 119.5 7.4 4.5 129.6 7.3 4.1 204.7 6.8 3.9 6.3 3.9 6.2 3.9 5.4 3.2 5.9 3.7 4.9 2.9 4.4 2.7 4.7 3.0 - - - - - - - - 14.3 6.8 143.3 14.2 6.7 147.9 13.0 6.1 148.1 13.1 5.8 161.9 12.2 5.5 - 11.8 5.5 - 10.6 4.9 - 9.9 4.5 - 9.5 4.4 - 8.8 4.0 - 8.6 4.2 - 8.3 4.1 - 13.9 6.5 137.3 13.4 6.4 137.6 12.0 5.5 132.0 12.2 5.4 142.7 11.5 5.1 - 10.9 5.1 - 9.8 4.4 - 9.0 4.0 - 8.5 3.7 - 8.4 3.9 - 8.0 3.7 - 7.8 3.9 - 13.8 6.5 147.1 13.8 6.3 144.6 12.8 6.0 160.1 12.1 5.4 165.8 11.1 5.1 - 10.2 5.0 - 9.9 4.8 - 9.0 4.3 - 8.7 4.3 - 8.2 4.1 - 7.8 3.8 - 7.6 3.7 - 14.6 6.9 144.9 14.7 6.9 153.1 13.5 6.3 151.3 13.8 6.1 168.3 12.8 5.8 - 12.5 5.8 - 11.1 5.0 - 10.4 4.8 - 10.0 4.7 - 9.1 4.1 - 8.9 4.4 - 8.6 4.3 - 13.1 5.8 113.0 13.2 5.8 120.7 12.7 5.6 121.5 12.5 5.4 124.6 12.1 5.3 - 12.2 5.5 - 11.6 5.3 - 10.6 4.9 - 10.3 4.8 - 9.7 4.7 - 9.2 4.6 - 9.0 4.5 - 14.1 6.0 116.5 14.2 6.0 123.3 13.6 5.7 122.9 13.4 5.5 126.7 13.1 5.4 13.5 5.7 - 11.6 5.1 - 11.3 5.1 - 10.7 5.0 - 10.1 4.8 - - - 12.8 5.6 - Total cases..................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................ 18.4 9.4 177.5 18.1 8.8 172.5 16.8 8.3 172.0 16.3 7.6 165.8 15.9 7.6 - 15.7 7.7 - 14.9 7.0 - 14.2 6.8 - 13.5 6.5 - 13.2 6.8 - 13.0 6.7 - 12.1 6.1 - Furniture and fixtures: Total cases.................................................................................... Lost workday cases....................................................................... Lost workdays................................................................................. 16.1 7.2 15.9 7.2 14.6 6.5 - 15.0 7.0 - 13.9 6.4 12.2 5.4 11.4 5.7 - 11.5 5.9 - 11.2 5.9 - Lost workday cases........................................................................... Lost workdays................................................................................... A g r ic u ltu r e , fo r e s tr y , a n d fis h in g 5 Lost workday cases........................................................................... Lost workdays................................................................................... M in in g Lost workday cases........................................................................... Lost workdays................................................................................... C o n s tru c tio n Lost workday cases........................................................................... Lost workdays.................................................................................... General building contractors: Lost workday cases........................................................................... Lost workdays.................................................................................... Heavy construction, except buildinq: Lost workday cases........................................................................... Lost workdays.................................................................................... Special trades contractors: Lost workday cases........................................................................... Lost workdays................................................................................... M a n u fa c tu rin g Lost workday cases........................................................................... Lost workdays................................................................................... Durable goods: Total cases....................................................................................... Lost workday cases........................................................................... Lost workdays................................................................................... - Lumber and wood products: - 16.9 7.8 - - 14.8 6.6 128.4 - - 12.0 5.8 - Stone, clay, and qlass products: Total cases.................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................ 15.5 7.4 149.8 15.4 7.3 160.5 14.8 6.8 156.0 13.6 6.1 152.2 13.8 6.3 - 13.2 6.5 - 12.3 5.7 - 12.4 6.0 - 11.8 5.7 - 11.8 6.0 - 10.7 5.4 - 10.4 5.5 - Primary metal industries: Total cases.................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................ 18.7 8.1 168.3 19.0 8.1 180.2 17.7 7.4 169.1 17.5 7.1 175.5 17.0 7.3 - 16.8 7.2 - 16.5 7.2 - 15.0 6.8 - 15.0 7.2 - 14.0 7.0 - 12.9 6.3 - 12.6 6.3 - Fabricated metal products: Total cases.................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................ 18.5 7.9 147.6 18.7 7.9 155.7 17.4 7.1 146.6 16.8 6.6 144.0 16.2 6.7 - 16.4 6.7 - 15.8 6.9 - 14.4 6.2 - 14.2 6.4 - 13.9 6.5 - 12.6 6.0 - 11.9 5.5 - Total cases.................................................................................... Lost workday cases....................................................................... Lost workdays................................................................................ 12.1 4.8 86.8 12.0 4.7 88.9 11.2 4.4 86.6 11.1 4.2 87.7 11.1 4.2 - 11.6 4.4 - 11.2 4.4 - 9.9 4.0 - 10.0 4.1 - 9.5 4.0 - 8.5 3.7 - 8.2 3.6 - Electronic and other electrical equipment: Total cases.................................................................................... Lost workday cases....................................................................... Lost workdays................................................................................ 9.1 3.9 77.5 9.1 3.8 79.4 8.6 3.7 83.0 8.4 3.6 81.2 8.3 3.5 - 8.3 3.6 - 7.6 3.3 - 6.8 3.1 - 6.6 3.1 - 5.9 2.8 - 5.7 2.8 - 5.7 2.9 - Transportation equipment: Total cases..................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................. 17.7 6.8 138.6 17.8 6.9 153.7 18.3 7.0 166.1 18.7 7.1 186.6 18.5 7.1 - 19.6 7.8 - 18.6 7.9 - 16.3 7.0 - 15.4 6.6 - 14.6 6.6 - 13.7 6.4 - 13.7 6.3 - Instruments and related products: Total cases.................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................ 5.6 2.5 55.4 5.9 2.7 57.8 6.0 2.7 64.4 5.9 2.7 65.3 5.6 2.5 - 5.9 2.7 - 5.3 2.4 - 5.1 2.3 - 4.8 2.3 - 4.0 1.9 - 4.0 1.8 - 4.5 2.2 - Miscellaneous manufacturinq industries: Total cases..................................................................................... Lost workday cases........................................................................ Lost workdays................................................................................ 11.1 5.1 97.6 11.3 5.1 113.1 11.3 5.1 104.0 10.7 5.0 108.2 10.0 4.6 - 9.9 4.5 - 9.1 4.3 - 9.5 4.4 - 8.9 4.2 - 8.1 3.9 - 8.4 4.0 - 7.2 3.6 - Industrial machinery and equipment: See footnotes at end of table. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Monthly Labor Review July 2002 125 Current Labor Sta tistic s: Injury and Illness 50. Continued—Occupational injury and illness rates by industry,1 United States In d u s tr y a n d ty p e o f c a s e 1989 1 Nondurable goods: Total cases..................................................................................... Lost workday cases.......................................................................... Lost workdays................................................................................... 1990 1992 1 99 1 1993 4 1994 4 19954 1996 4 1997 4 1998 4 1999 4 2000 4 9.9 4.9 9.2 4.6 8.8 4.4 8.2 4.3 7.8 4.2 - - - - 16.3 8.7 15.0 8.0 14.5 8.0 11.6 5.5 107.8 11.7 5.6 116.9 11.5 5.5 119.7 11.3 5.3 121.8 10.7 5.0 - 10.5 5.1 - Total cases................................................................................... Lost workday cases....................................................................... Lost workdays................................................................................ 18.5 9.3 174.7 20.0 9.9 202.6 19.5 9.9 207.2 18.8 9.5 211.9 17.6 8.9 17.1 9.2 - - - - - Tobacco products: Total cases................................................................................... Lost workday cases...................................................................... Lost workdays................................................................................ 8.7 3.4 64.2 7.7 3.2 62.3 6.4 2.8 52.0 6.0 2.4 42.9 5.8 2.3 5.3 2.4 5.6 2.6 6.7 2.8 5.9 2.7 - - - 7.8 3.6 - Food and kindred products: Textile mill products: Total cases................................................................................... Lost workday cases...................................................................... Lost workdays................................................................................ 10.3 4.2 81.4 9.6 4.0 85.1 10.1 4.4 88.3 9.9 4.2 87.1 9.7 4.1 Apparel and other textile products: Total cases................................................................................... Lost workday cases...................................................................... Lost workdays............................................................................... 8.6 3.8 80.5 8.8 3.9 92.1 9.2 4.2 99.9 9.5 4.0 104.6 - - - - 11.0 5.0 125.9 9.9 4.6 9.6 4.5 8.5 4.2 - 6.7 3.0 13.6 7.5 " 12.7 7.3 - 12.4 7.3 - 5.5 2.2 6.2 3.1 - 6.4 3.4 - - - 6.7 3.1 7.4 3.4 6.0 3.2 8.2 4.1 - 8.7 4.0 - - - - - 6.4 3.2 - 9.0 3.8 8.9 3.9 8.2 3.6 7.4 3.3 7.0 3.1 - 6.2 2.6 “ 5.8 2.8 - 6.1 3.0 7.3 3.7 6.5 3.4 - 7.1 3.7 - 7.0 3.7 - 7.9 3.8 - - - 6.4 3.0 6.0 2.8 5.7 2.7 5.4 2.8 5.0 2.6 5.1 2.6 - - - Paper and allied products: Total cases................................................................................... Lost workday cases...................................................................... Lost workdays............................................................................... 12.7 5.8 132.9 12.1 5.5 124.8 11.2 5.0 122.7 Printinq and publishinq: Total cases................................................................................... Lost workday cases...................................................................... Lost workdays............................................................................... 6.9 3.3 63.8 6.9 3.3 69.8 6.7 3.2 74.5 7.3 3.2 74.8 6.9 3.1 - - - - - - - Chemicals and allied products: Total cases................................................................................... Lost workday cases...................................................................... Lost workdays............................................................................... 7.0 3.2 63.4 6.5 3.1 61.6 6.4 3.1 62.4 6.0 2.8 64.2 5.9 2.7 5.7 2.8 5.5 2.7 4.8 2.4 4.2 2.1 - - - - 4.4 2.3 - 4.2 2.2 - 4.8 2.3 - Petroleum and coal products: Total cases................................................................................... Lost workday cases...................................................................... Lost workdays................................................................................ 6.6 3.3 68.1 6.6 3.1 77.3 6.2 2.9 68.2 5.9 2.8 71.2 5.2 2.5 4.7 2.3 4.8 2.4 4.6 2.5 4.3 2.2 3.9 1.8 4.1 1.8 - - - - - - - 3.7 1.9 - Rubber and miscellaneous plastics products: Total cases................................................................................... Lost workday cases....................................................................... Lost workdays............................................................................... 16.2 8.0 147.2 16.2 7.8 151.3 15.1 7.2 150.9 14.5 6.8 153.3 13.9 6.5 - 14.0 6.7 12.9 6.5 12.3 6.3 11.9 5.8 11.2 5.8 - - - - - 10.1 5.5 - 10.7 5.8 - Leather and leather products: Total cases................................................................................... Lost workday cases...................................................................... Lost workdays.............................................................................. 13.6 6.5 130.4 12.1 5.9 152.3 12.5 5.9 140.8 12.1 5.4 128.5 12.1 5.5 12.0 5.3 11.4 4.8 10.7 4.5 10.6 4.3 9.8 4.5 9.0 4.3 - - - - - - 10.3 5.0 - Transportation and public utilities Total cases..................................................................................... Lost workday cases........................................................................ Lost workdays.................................................................................. 9.2 5.3 121.5 9.6 5.5 134.1 9.3 5.4 140.0 9.1 5.1 144.0 9.5 5.4 9.3 5.5 9.1 5.2 8.7 5.1 8.2 4.8 7.3 4.3 4.3 - - - - - - 7.3 4.4 - 8.0 3.6 63.5 7.9 3.5 65.6 7.6 3.4 72.0 8.4 3.5 80.1 8.1 3.4 7.5 3.2 6.8 2.9 6.7 3.0 6.5 2.8 - 7.9 3.4 - - - - - 6.1 2.7 - 7.7 3.8 7.5 3.6 6.6 3.4 6.5 3.2 6.5 3.3 6.3 3.3 Wholesale and retail trade Lost workday cases........................................................................ Lost workdays.................................................................................. Wholesale trade: Lost workday cases........................................................................ Lost workdays.................................................................................. - 5.8 - 7.7 4.0 71.9 7.4 3.7 71.5 7.2 3.7 79.2 7.6 3.6 82.4 7.8 3.7 - - - - - - - 8.1 3.4 60.0 8.1 3.4 63.2 7.7 3.3 69.1 8.7 3.4 79.2 8.2 3.3 7.9 3.3 7.5 3.0 6.9 2.8 6.5 2.7 - - - - 6.8 2.9 - 6.1 2.5 “ - 2.0 .9 17.6 2.4 1.1 27.3 2.4 1.1 24.1 2.9 1.2 32.9 2.9 1.2 2.7 1.1 2.4 .9 2.2 .9 .7 .5 - - 2.6 1.0 - - - - 1.8 .8 - 1.9 .8 - 5.5 2.7 51.2 6.0 2.8 56.4 6.2 2.8 60.0 7.1 3.0 68.6 6.7 2.8 6.5 2.8 6.4 2.8 6.0 2.6 5.6 2.5 5.2 2.4 4.9 2.2 4.9 2.2 - - - - - - - - Retail trade: Lost workday cases........................................................................ Lost workdays.................................................................................. - - — Finance, insurance, and real estate Lost workday cases........................................................................ Lost workdays................................................................................. Services Lost workday cases......................................................................... Lost workdays.................................................................................. I 1 Data for 1989 and subsequent years are based on the Standard Industrial Class ification Manual, 1987 Edition. For this reason, they are not strictly comparable with data for the years 1985-88, which were based on the Standard Industrial Classification Manual, 1972 Edition, 1977 Supplement. N = number of injuries and illnesses or lost workdays; EH = total hours worked by all employees during the calendar year; and 200,000 = base for 100 full-time equivalent workers {working 40 hours per week, 50 weeks per year). 2 Beginning with the 1992 survey, the annual survey measures only nonfatal injuries and illnesses, while past surveys covered both fatal and nonfatal incidents. To better address fatalities, a basic element of workplace safety, BLS implemented the Census of Fatal 4 Beginning with the 1993 survey, lost workday estimates will not be generated. As of 1992, BLS began generating percent distributions and the median number of days away from work by industry and for groups of workers sustaining similar work disabilities. Occupational Injuries. 6 Excludes farms with fewer than 11 employees since 1976. Dash indicates data not available. 3 The incidence rates represent the number of injuries and illnesses or lost workdays per 100 full-time workers and were calculated as (N/EH) X 200,000, where: Monthly Labor Review Digitized for 126 FRASER https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis July 2002 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 51. Fatal occupational injuries by event or exposure, 1994-2000 Fatalities Event or exposure1 1994-98 19992 Average Number 2000 Number Percent Total.............................................................................................. 6,280 6 054 5 915 100 Transportation incidents..................................................................... Highway incident.................................................................................. Collision between vehicles, mobile equipment............................ 2,618 1,496 714 129 270 161 334 390 322 352 206 228 377 102 56 2,571 1,363 694 136 243 153 279 356 304 399 213 280 370 84 71 43 23 12 2 Overturned......................................................................................... Aircraft................................................................................................... Worker struck by a vehicle................................................................. Water vehicle incident.......................................................................... Railway.................................................................................................. 2,640 1,374 662 113 240 136 272 368 280 387 215 304 382 104 78 Assaults and violent acts.................................................................... Homicides.............................................................................................. Shooting............................................................................................. Stabbing............................................................................................. Other, including bombing................................................................ Self-inflicted injuries.............................................................................. 1,168 923 748 68 107 215 909 651 509 62 80 218 929 677 533 66 78 220 16 11 C o n t a c t w ith o b je c ts a n d e q u ip m e n t ......................................................... 984 564 364 60 281 148 124 1,030 585 358 55 302 163 129 1,005 570 357 61 294 157 123 17 10 6 1 5 3 2 686 609 101 146 89 53 721 634 96 153 92 70 734 659 110 150 85 56 12 11 2 3 2 1 Contact with electric current................................................................ Contact with overhead power lines................................................ Contact with temperature extremes.................................................. Exposure to caustic, noxious, or allergenic substances................ Inhalation of substances.................................................................. Oxygen deficiency................................................................................ Drowning, submersion..................................................................... 583 322 136 45 118 66 96 77 533 280 125 51 108 55 92 75 480 256 128 29 100 48 93 74 8 4 2 F ir e s a n d e x p l o s i o n s .......................................................................................... 199 216 177 3 O th e r e v e n ts o r e x p o s u r e s 3............................................................................. 21 27 19 - Moving in opposite directions, oncoming................................... Jackknifed or overturned— no collision...................................... Struck by object.................................................................................... Struck by falling object..................................................................... Struck by flying object....................................................................... Caught in or compressed by equipment or objects........................ Caught in running equipment or machinery.................................. Caught in or crushed in collapsing materials................................... F a lls ................................................................................................................................. Fall to lower level................................................................................. Fall from ladder................................................................................. Fall from roof..................................................................................... Fall from scaffold, staging................................................................ Fall on same level................................................................................ E x p o s u r e t o h a r m fu l s u b s t a n c e s o r e n v ir o n m e n t s ..................... 1 Based on the 1992 bls Occupational injury and Illness 3 4 3 5 6 5 7 4 5 6 1 1 9 1 1 4 - 2 1 2 1 Includes the category "Bodily reaction and exertion." Classification Structures. 2 The BLS news release issued August 17, 2000, reported a NOTE: Totals for major categories may include sub total of 6,023 fatal work injuries for calendar year 1999. Since categories not shown separately. Percentages may not add to then, an additional 31 job-related fatalities were identified, totals because of rounding. bringing the total job-related fatality count for 1999 to 6,054. percent. Dash indicates less than 0.5 Monthly Labor Review July 2002 127 Monthly Labor Review is the principal journal of current data and analysis from the Bureau of Labor Statistics. Economists, statisticians, and other experts from the Bureau join with professionals in the private sector to provide you with a trustworthy source of solid economic research on these crucial topics: Employer costs Labor-management relations Employment and unemployment Consumer prices Producer prices Labor market projections Productivity Compensation Workplace injuries and illnesses International data and developments Also, whether it’s a number or a trend that you need, the Current Labor Statistics department provides the statistical series you can use. Subscribe to Monthly Labor Review today, and turn your tough decisions into informed decisions! U nited States G o vernm ent INFORMATION Credit card orders are welcome! 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