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News Bureau of Labor Statistics United States Department of Labor Washington, D.C. 20212 FOR DATA ONLY: (202) 691-5200 FOR TECHNICAL INFORMATION: (202) 691-7705 MEDIA CONTACT: (202) 691-5902 http://www.bls.gov/ppi USDL 07-1786 TRANSMISSION OF MATERIAL IN THIS RELEASE IS EMBARGOED UNTIL 8:30 A.M. (EST), WEDNESDAY, NOVEMBER 14, 2007 Producer Price Indexes – October 2007 The Producer Price Index for Finished Goods rose 0.1 percent in October, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This increase followed a 1.1percent advance in September and a 1.4-percent decline in August. At the earlier stages of processing, prices received by manufacturers of intermediate goods inched up 0.1 percent in October after rising 0.4 percent in September, and the crude goods index increased 2.4 percent following a 0.1-percent gain in the previous month. (See table A.) Table A. Monthly and annual percent changes in selected stage-of-processing price indexes, seasonally adjusted Finished goods Month 2006 Oct. Nov. Dec. Total Foods Energy -1.5 1.6 .7 -0.4 .1 1.1 -5.8 5.4 2.4 Change in InterExcept finished goods foods and from 12 months mediate goods energy ago (unadj.) -0.4 .9 .1 -1.2 .9 1.1 -1.2 .6 .9 Crude goods -9.2 11.7 2.6 2007 Jan. -.6 1.0 -4.3 .2 .1 -.7 -5.5 Feb. 1.2 1.7 3.0 .4 2.4 .8 9.0 Mar. 1.0 1.6 3.8 -.1 3.1 1.2 2.6 Apr. .9 .5 3.3 .1 3.2 1.0 1.1 May .7 -.6 3.5 .2 3.9 1.2 1.3 June r .1 r -.4 r -.2 .2 3.3 .4 r 1.1 July r .5 r -.2 r 2.1 r .2 4.0 r .7 r .7 Aug. -1.4 -.2 -6.6 .2 2.2 -1.2 -3.0 Sept. 1.1 1.5 4.1 .1 4.4 .4 .1 Oct. .1 1.0 -.8 0 6.1 .1 2.4 r=revised. Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for June 2007 have been revised to reflect the availability of late reports and corrections by respondents. -2Among finished goods, prices for consumer foods moved up 1.0 percent in October following a 1.5percent increase in the prior month. The index for energy goods decreased 0.8 percent after rising 4.1 percent a month earlier. The index for goods other than foods and energy was unchanged after edging up 0.1 percent in September. Before seasonal adjustment, the Producer Price Index for Finished Goods moved up 0.7 percent in October to 168.6 (1982 = 100). From October 2006 to October 2007, finished goods prices advanced 6.1 percent. Over the same period, the index for finished energy goods climbed 16.6 percent, prices for finished consumer foods rose 7.1 percent, and the index for finished goods other than foods and energy increased 2.5 percent. At the earlier stages of processing, prices received by intermediate goods producers advanced 5.6 percent, while the crude goods index jumped 25.7 percent for the 12 months ended in October. Finished goods The index for finished consumer foods rose 1.0 percent in October after climbing 1.5 percent in September. Higher prices for fresh and dry vegetables, soft drinks, fresh fruits and melons, processed fruits and vegetables, and bakery products outweighed lower prices for beef and veal, pork, eggs for fresh use, dairy products, and processed young chickens. (See table 2.) Table B. Monthly and annual percent changes in selected price indexes for intermediate goods and crude goods, seasonally adjusted Intermediate goods Month Foods 2006 Oct. 0.4 Nov. 2.4 Dec. 1.2 Crude goods Change in intermediate Except goods from foods and 12 months Energy energy ago (unadj.) -5.9 4.3 3.9 -0.1 -.4 .1 0.2 2.1 2.8 Foods 2.7 2.5 -.1 Change in crude goods Except from 12 foods and months ago Energy energy (unadj.) -20.1 26.5 4.8 -2.7 -.6 1.7 -21.1 -10.5 -4.7 2007 Jan. 1.8 -3.7 0 1.1 2.4 -15.3 1.8 -9.5 Feb. 3.0 3.5 0 2.2 7.4 14.3 2.9 7.7 Mar. 1.8 4.2 .4 3.3 2.4 .3 7.4 13.3 Apr. .9 1.4 .8 3.7 1.5 .7 1.3 11.6 May 0 3.8 .6 3.8 1.0 3.0 -1.3 11.3 June 1.8 r .3 r .2 r 3.6 r .5 r 2.3 0 r 15.5 July .8 r 1.8 r .4 4.1 r 1.9 r0 0 13.1 Aug. .3 -3.7 -.5 2.4 -1.5 -5.6 1.3 6.9 Sept. 1.4 1.1 .1 4.2 2.4 -2.0 1.6 11.4 Oct. 1.0 -.1 .1 5.6 -1.8 5.9 1.4 25.7 r=revised. Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for June 2007 have been revised to reflect the availability of late reports and corrections by respondents. -3The index for finished energy goods declined 0.8 percent in October following a 4.1-percent advance in September. Gasoline prices decreased 3.1 percent after rising 8.4 percent a month earlier. The indexes for residential natural gas, home heating oil, and diesel fuel also declined in October following increases in the prior month. Prices for liquefied petroleum gas and kerosene rose less than in September. By contrast, partially offsetting the downturn in finished energy goods prices, the index for residential electric power moved up 0.2 percent following no change in September. Prices for lubricating and similar oils increased in October after falling a month earlier. The index for finished goods other than foods and energy was unchanged in October after rising 0.1 percent in September. Price increases for passenger cars, cigarettes, civilian aircraft, household furniture, book publishing, and sanitary papers and health products were offset by price decreases for light motor trucks, electronic computers, newspaper circulation, alcoholic beverages, and communication and related equipment. In accordance with usual practice, most new-model-year passenger cars and light motor trucks were introduced into the PPI in October. (See Report on Quality Changes for 2008 Model Vehicles, USDL 07-1787.) In October, the index for passenger cars moved up 1.0 percent, and light motor truck prices fell 2.7 percent. For the 12 months ended October 2007, the passenger cars index rose 0.4 percent, and prices for light motor trucks advanced 5.1 percent. Intermediate goods The Producer Price Index for Intermediate Materials, Supplies, and Components increased 0.1 percent in October after rising 0.4 percent in September. The index for intermediate foods and feeds advanced less in October than a month earlier, and prices for intermediate energy goods turned down after moving up in September. By contrast, partially offsetting the deceleration in the intermediate goods index, prices for materials for nondurable manufacturing rose more than in September. The index for materials for durable manufacturing decreased less in October than in the previous month, and prices for materials and components for construction turned up after declining in September. The advance in the index for intermediate foods and feeds slowed to 1.0 percent in October from 1.4 percent in the prior month. The index for flour moved up 5.9 percent after jumping 13.2 percent in the preceding month. Prices for natural, processed, and imitation cheese; beef and veal; processed young chickens; and refined sugar and byproducts turned down after increasing in September. The index for pork fell more than a month earlier. Conversely, the increase in the index for prepared animal feeds accelerated to 3.1 percent in October from 0.4 percent in the prior month. Prices for shortening and cooking oils also rose more than in September. (See table 2.) The index for intermediate energy goods turned down 0.1 percent after advancing 1.1 percent in September. The diesel fuel index decreased 4.0 percent following a 3.1-percent rise in the prior month. Prices for gasoline, residual fuel, and both commercial electric power and natural gas also turned down in October. Conversely, the index for jet fuels advanced 3.2 percent after decreasing 6.4 percent in September. Prices for natural gas to electric utilities and industrial natural gas also turned up after falling a month earlier. The rise in the index for materials for nondurable manufacturing accelerated to 1.1 percent in October from 0.5 percent in the previous month. The index for plastic resins and materials turned up 0.6 percent after moving down 0.6 percent in September. Prices for paperboard and basic inorganic chemicals rose more than a month earlier. The index for nitrogenates declined less than in the preceding month. Conversely, the increase in the index for primary basic organic chemicals slowed to 0.7 percent in October from 4.9 percent a month earlier. Prices for phosphates, paint materials, synthetic rubber, and gray fabrics turned down after rising in September. -4The decrease in the index for materials for durable manufacturing slowed to 0.4 percent in October from 1.3 percent in the preceding month. The index for hot rolled steel bars, plates, and structural shapes moved down 0.6 percent after falling 1.6 percent in September. Prices for semifinished steel mill products also declined less than a month earlier. The indexes for primary nonferrous metals, hot rolled steel sheet and strip, copper and brass mill shapes, and titanium mill shapes turned up after decreasing in the previous month. Conversely, the index for cold rolled steel sheet and strip fell 7.7 percent in October following a 1.0-percent advance in the prior month. Prices for softwood lumber decreased more than in September. The index for materials and components for construction inched up 0.1 percent in October after falling 0.2 percent a month earlier. The index for nonferrous wire and cable rose 4.3 percent following a 1.9-percent September decrease. Prices for asphalt felts and coatings and for treated wood also turned up. The index for millwork increased after remaining unchanged a month earlier. By contrast, the index for softwood lumber declined 4.4 percent in October after moving down 1.0 percent in the prior month. Prices for gypsum products and plywood also decreased more than in September. The indexes for switchgear and switchboard equipment and for air conditioning and refrigeration equipment turned down after rising in the preceding month. Prices for concrete products were unchanged following advances in September. Crude goods The Producer Price Index for Crude Materials for Further Processing climbed 2.4 percent in October after inching up 0.1 percent in September. This acceleration is attributable to prices for crude energy materials, which rose in October following declines a month earlier. By contrast, the index for crude foodstuffs and feedstuffs moved down after increasing in September, and prices for basic industrial materials advanced less than they had in the prior month. (See table B.) The index for crude energy materials jumped 5.9 percent in October following a 2.0-percent decrease in September. This upturn can be traced to natural gas prices, which climbed 9.7 percent in October after dropping 11.1 percent in the previous month. By contrast, slightly counteracting the upturn in crude energy goods prices, the crude petroleum index advanced 3.7 percent following a 7.1-percent increase in September. Coal prices fell 0.5 percent in October compared with a 0.2-percent decline a month earlier. (See table 2.) The index for crude foodstuffs and feedstuffs decreased 1.8 percent in October after climbing 2.4 percent in September. Prices for slaughter broilers and fryers moved down 11.0 percent following a 4.2-percent rise in the preceding month. The slaughter cattle index also turned down in October. Prices for wheat, soybeans, and fresh fruits and melons increased less than they had in September. The indexes for slaughter hogs and fluid milk fell more in October than a month earlier. By contrast, corn prices moved up 0.5 percent compared with a 1.4-percent decrease in September. The alfalfa hay and unprocessed finfish indexes also turned up in October. The index for fresh and dry vegetables rose more than in the prior month. The index for crude nonfood materials less energy advanced 1.4 percent in October after moving up 1.6 percent in September. Raw cotton prices increased 1.8 percent following a 16.3-percent jump in the previous month. The index for construction sand, gravel, and crushed stone also rose less in October than it had a month earlier. Prices for iron and steel scrap and for phosphates moved down following advances in September. The index for logs, bolts, timber, and pulpwood fell more in October than in the prior month, while prices for hides and skins declined after no change in September. By contrast, the nonferrous scrap index rose 4.8 percent in October after decreasing 0.5 percent in the preceding month. Prices for wastepaper and gold ores increased more than they had in September. -5Net output price indexes Mining, Utilities, and Manufacturing Industries. The Producer Price Index for the Net Output of Total Mining, Utilities, and Manufacturing Industries edged up 0.1 percent in October subsequent to a 0.5-percent rise in September. (Net output price indexes are not seasonally adjusted.) In October, higher prices received by the industry groups for transportation equipment, oil and gas extraction, chemical manufacturing, beverage and tobacco manufacturing, and paper manufacturing outweighed lower prices received by the industry group for electric power generation, distribution, and transmission, as well as, by manufacturers of food products and of computer and electronic products. Trade Industries. The Producer Price Index for the Net Output of Total Trade Industries increased 1.4 percent in October after falling 2.2 percent in September. (Trade indexes measure changes in margins received by wholesalers and retailers.) Margins received by gasoline stations rose 11.7 percent compared with a 15.6percent decline in the prior month. The margin indexes for merchant wholesalers of nondurable goods, department stores, grocery stores, fuel dealers, and recreational vehicle dealers also turned up in October. Margins received by merchant wholesalers of durable goods decreased less than they had a month earlier. By contrast, partially counteracting the upturn in the total trade industries index, margins received by electronic shopping and mail order houses fell 0.5 percent following a 3.3-percent increase in September. The margin indexes for furniture stores and clothing stores also turned down in October. Transportation and Warehousing Industries. The Producer Price Index for the Net Output of Total Transportation and Warehousing Industries advanced 1.0 percent in October compared with a 0.9-percent decline a month earlier. Leading this upturn, prices received by the industry for scheduled passenger air transportation rose 4.7 percent following a 6.4-percent decrease in the preceding month. The local general freight trucking index also turned up in October. Prices received by the industry for freight transportation arrangement fell less than in September, while the line–haul railroads index advanced more than it had a month earlier. By contrast, prices received by the industry for inland water freight transportation moved down 5.5 percent after rising 5.4 percent in the prior month. The indexes for couriers and for long distance general freight trucking (truckload) also turned down in October. Prices for pipeline transportation of crude oil were unchanged after rising in September. Traditional Service Industries. The Producer Price Index for the Net Output of Total Traditional Service Industries was unchanged after edging down 0.2 percent in September. Prices received by the general medical and surgical hospitals industry advanced 1.6 percent in October subsequent to inching up 0.1 percent a month earlier. The index for offices of physicians (excluding mental health) also increased more than it had in the preceding month. Prices received by the non-casino hotels and motels industry decreased less than they had in the previous month. The passenger car rental index turned up in October, and the index for direct health and medical insurance carriers rose after no change in September. By contrast, prices received by the commercial banking industry moved down 3.0 percent in October following a 1.9-percent decrease in the previous month. The index for savings institutions also declined more than it had a month earlier. Prices received by the industries for management consulting services and for cellular and other wireless carriers turned down in October. ***** Producer Price Index data for November 2007 are scheduled to be released on Thursday, December 13, 2007 at 8:30 a.m. (EST). Technical Note Brief Explanation of Producer Prices Indexes The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI). CPIs measure price change from the purchaser’s perspective. Sellers’ and purchasers’ prices can differ due to government subsidies, sales and excise taxes, and distribution costs. More than 8,000 PPIs for individual products and groups of products are released each month. PPIs are available for the products of virtually every industry in the mining and manufacturing sectors of the U.S. economy. New PPIs are gradually being introduced for the products of industries in the construction, trade, finance, and services sectors of the economy. More than 100,000 price quotations per month are organized into three sets of PPIs: (1) Stage-of-processing indexes, (2) commodity indexes, and (3) indexes for the net output of industries and their products. The stage-of-processing structure organizes products by class of buyer and degree of fabrication. The commodity structure organizes products by similarity of end use or material composition. The entire output of various industries is sampled to derive price indexes for the net output of industries and their products. Stage-of-Processing Indexes Within the stage-of-processing system, finished goods are commodities that will not undergo further processing and are ready for sale to the final-demand user, either an individual consumer or business firm. Consumer foods include unprocessed foods such as eggs and fresh vegetables, as well as processed foods such as bakery products and meats. Other finished consumer goods include durable goods such as automobiles, household furniture, and appliances, as well as nondurable goods such as apparel and home heating oil. Capital equipment includes durable goods such as heavy motor trucks, tractors, and machine tools. The stage-of-processing category for intermediate materials, supplies, and components consists partly of commodities that have been processed but require further processing. Examples of such semifinished goods include flour, cotton yarn, steel mill products, and lumber. The intermediate goods category also encompasses nondurable, physically complete items purchased by business firms as inputs for their operations. Examples include diesel fuel, belts and belting, paper boxes, and fertilizers. Crude materials for further processing are products entering the market for the first time that have not been manufactured or fabricated and that are not sold directly to consumers. Crude foodstuffs and feedstuffs include items such as grains and livestock. Examples of crude nonfood materials include raw cotton, crude petroleum, coal, hides and skins, and iron and steel scrap. Commodity Indexes The commodity classification structure of the PPI organizes products by similarity of end use or material composition, disregarding industry of origin. Fifteen major commodity groupings (two-digit commodity codes) make up the All Commodities Index. Each major commodity grouping includes (in descending order of aggregation) subgroups (three-digit codes), product classes (four-digit codes), subproduct classes (six-digit codes), and individual items (eight-digit codes). Nearly all eight-digit commodities under the traditional commodity coding system are now derived from corresponding industry-classified product indexes. In such instances, movements in the traditional commodity price indexes and corresponding percent changes will be virtually identical to their industry-based counterparts, even if their index levels differ. Industry Net-Output Price Indexes PPIs for the net output of industries and their products are grouped according to the North American Industry Classification System (NAICS). Prior to the release of January 2004, industry-based PPIs were published according to the Standard Industrial Classification (SIC) system. Industry price indexes are compatible with other economic time series organized by industry, such as data on employment, wages, and productivity. Table 5 of the PPI Detailed Report includes data for NAICS industries and industry groups (3-, 4-, 5-, and 6-digit codes); Census product classes (7- and 8-digit codes), products (9-digit codes), and more detailed subproducts (11-digit codes); and, for some industries, indexes for other sources of revenue. Indexes may represent one of three kinds of product categories. Every industry has primary product indexes to show changes in prices received by establishments classified in the industry for products made primarily, but not necessarily exclusively, by that industry. The industry classification of an establishment is determined by which products make up a plurality of its total shipment value. In addition, most industries have secondary product indexes that show changes in prices received by establishments classified in the industry for products chiefly made in some other industry. Finally, some industries have miscellaneous receipts indexes to show price changes in other sources of revenue received by establishments within the industry that are not derived from sales of their products—for example, resales of purchased materials, or revenues from parking lots owned by a manufacturing plant. Data Collection PPIs are based on selling prices reported by establishments of all sizes selected by probability sampling, with the probability of selection proportionate to size. Individual items and transaction terms from these firms also are chosen by probability proportionate to size. BLS strongly encourages cooperating companies to supply actual transaction prices at the time of shipment to minimize the use of list prices. Prices submitted by survey respondents are effective on the Tuesday of the week containing the 13th day of the month. This survey is conducted primarily through the mail. Price data are provided on a voluntary and confidential basis; only sworn BLS employees are allowed access to individual company price reports. BLS publishes price indexes instead of actual prices. All PPIs are subject to revision 4 months after original publication to reflect the availability of late reports and corrections by respondents. BLS periodically updates the PPI sample of survey respondents to better reflect current conditions when the structure, membership, technology, or product mix of an industry shifts significantly and to spread reporting burden among smaller firms. Results of these resampling efforts are incorporated into the PPI with the release of data for January and July. As part of an ongoing effort to expand coverage to sectors of the economy other than mining and manufacturing, an increasing number of service sector industries have been introduced into the PPI. The following list of recently introduced industries includes the month and year in which an article describing the industry’s content appeared in the PPI Detailed Report. Title Wireless telecommunications Telephone communications, except radio telephone Television broadcasting Grocery stores Meat and fish (seafood) markets Fruit and vegetable markets Candy, nut, and confectionery stores Retail bakeries Miscellaneous food stores New car dealers Gasoline service stations Boat dealers Recreational vehicle dealers Miscellaneous retail Security brokers, dealers, and investment bankers Investment advice Life insurance carriers Property and casualty insurance Insurance agencies and brokerages Operators and lessors of nonresidential buildings Real estate agents and managers Prepackaged software Data processing services Home health care services Legal services Engineering design, analysis, and consulting services Architectural design, analysis, and consulting services Premiums for property and casualty insurance New warehouse building construction New school construction New office construction Merchant wholesalers, durable goods Merchant wholesalers, nondurable goods Wholesale trade agents and brokers Code PPI Detailed Report Issue SIC 4812 4813 4833 5411 5421 5431 5441 5461 5499 5511 5541 5551 5561 59 6211 6282 6311 6331 6412 6512 6531 7372 7374 8082 8111 8711 8712 9331 July 1999 July 1995 July 2002 July 2000 July 2000 July 2000 July 2000 July 2000 July 2000 July 2000 January 2002 January 2002 January 2002 January 2001 January 2001 January 2003 January 1999 July 1998 January 2003 January 1996 January 1996 January 1998 January 2002 January 1997 January 1997 January 1997 January 1997 July 1998 NAICS 236221 236222 236223 423 424 425120 July 2005 July 2006 January 2007 July 2005 July 2005 July 2005 Title Code Furniture and home furnishings stores Electronics and appliance stores Building material and garden equipment and supplies dealers Clothing and clothing accessories stores Sporting goods, hobby, book, and music stores General merchandise stores Miscellaneous store retailers Internet service providers Web search portals Commercial banking Savings institutions Direct health and medical insurance carriers Construction, mining, and forestry machinery and equipment rental and leasing Management consulting services Security guards and patrol services Computer training Blood and organ banks Amusement and theme parks Golf courses and country clubs Fitness and recreational sports centers Commercial machinery repair and maintenance PPI Detailed Report Issue NAICS 442 443 444 448 451 452 453 518111 518112 522110 522120 524114 January 2004 January 2004 January 2004 January 2004 January 2004 January 2004 January 2004 July 2005 July 2005 January 2005 January 2005 July 2004 532412 541610 561612 611420 621991 713110 713910 713940 811310 January 2005 January 2007 July 2005 July 2007 January 2007 July 2006 July 2006 July 2005 July 2007 Weights Weights for most traditional commodity groupings of the PPI, as well as weights for commodity-based aggregate indexes calculated using traditional commodity groupings, such as stage-of-processing indexes, currently reflect 2002 values of shipments as reported in the Census of Manufactures and other sources. From January 2002 through December 2006, PPI weights were derived from 1997 shipment values. Industry indexes now are calculated with 2002 weights and 1997 net output ratios. This periodic update of the value weights used to calculate the PPI is done to more accurately reflect changes in production and marketing patterns in the economy. Net output values of shipments are used as weights for industry indexes. Net output values refer to the value of shipments from establishments within the industry to buyers outside the industry. However, weights for commodity price indexes are based on gross shipment values, including values of shipments between establishments within the same industry. As a result, broad commodity grouping indexes, such as the PPI for All Commodities, are affected by the multiple counting of price change at successive stages of processing, which can lead to exaggerated or misleading signals about inflation. Stage-of-processing indexes partially correct for this defect, but industry indexes consistently correct for this at all levels of aggregation. Therefore, industry and stage-of-processing indexes are more appropriate than broad commodity groupings for economic analysis of general price trends. Price Index Reference Base Effective with publication of January 1988 data, many important PPI series (including stage-of-processing groupings and most commodity groups and individual items) were placed on a new reference base, 1982 = 100. From 1971 through 1987, the standard reference base for most PPI series was 1967 = 100. Except for rounding differences, the shift to the new reference base did not alter any previously published percent changes for affected PPI series. (See “Calculating Index Changes,” below.) The 1982 reference base is not used for commodity indexes with a base later than December 1981 or for industry net output indexes and their products. For further information on the underlying concepts and methodology of the Producer Price Index, see chapter 14, “Producer Prices,” in BLS Handbook of Methods (April 1997), Bulletin 2490. This document can be downloaded from the BLS Web site at www.bls.gov/opub/hom/homch14_itc.htm. Reprints are available on request. Calculating Index Changes Each PPI measures price changes from a reference period that equals 100.0. An increase of 5.5 percent from the reference period in the Finished Goods Price Index, for example, is shown as 105.5. This change also can be expressed in dollars, as follows: prices received by domestic producers of a sample of finished goods have risen from $100 in 1982 to $105.50. Likewise, a current index of 90.0 would indicate that prices received by producers of finished goods are 10 percent lower than they were in 1982. Movements of price indexes from one month to another are usually expressed as percent changes, rather than as changes in index points. Index point changes are affected by the level of the index in relation to its base period, whereas percent changes are not. The following example shows the computation of index point and percent changes. Index point change Finished Goods Price Index Less previous index Equals index point change 107.5 104.0 3.5 Index percent change Index point change 3.5 Divided by the previous index 104.0 Equals 0.034 Result multiplied by 100 0.034 x 100 Equals percent change 3.4 Seasonally Adjusted and Unadjusted Data Because price data are used for different purposes by different groups, BLS publishes seasonally adjusted and unadjusted changes each month. Seasonally adjusted data are preferred for analyzing general price trends in the economy because these data eliminate the effect of changes that normally occur at about the same time, and in about the same magnitude, every year—such as price movements resulting from normal weather patterns, regular production and marketing cycles, model changeovers, seasonal discounts, and holidays. For these reasons, seasonally adjusted data more clearly reveal underlying cyclical trends. Unadjusted data are of primary interest to users who need information that can be related to actual dollar values of transactions. Individuals requiring this information include marketing specialists, purchasing agents, budget and cost analysts, contract specialists, and commodity traders. It is the unadjusted data that are generally cited when escalating long-term contracts such as purchasing agreements or real estate leases. For more information, see Escalation and Producer Price Indexes: A Guide for Contracting Parties, BLS Report 807, September 1991, on the Web at www.bls.gov/ppi/ppiescalation.htm. Reprints are available on request. In 1998, the PPI implemented the X-12-ARIMA Seasonal Adjustment Method; prior to that year, the PPI employed the X-11 method. Each year, the seasonal status of most commodity indexes is reevaluated to reflect more recent price behavior. Industry net output indexes are not seasonally adjusted. For time series that exhibit seasonal pricing patterns, new seasonal factors are estimated and applied to the unadjusted data for the previous 5 years. These updated seasonally adjusted indexes replace the most recent 5 years of seasonal data. Seasonal factors may be applied to series using either a direct or an aggregative method. Generally, commodity indexes are seasonally adjusted using direct seasonal adjustment, which produces a more complete elimination of seasonal movements than does the aggregative method. However, the direct seasonal adjustment process may not yield figures that possess additive consistency. Thus, a seasonally adjusted index for a broad category that is directly adjusted may not be logically consistent with all seasonally adjusted indexes for its components. Seasonal movements for stage-of-processing indexes are derived indirectly through an aggregative method that combines movements of a wide variety of subproduct class (six-digit) series. Seasonally adjusted indexes can become problematic when previously stable and predictable price patterns abruptly change. If the new pattern persists, the seasonal adjustment method will eventually reflect it adequately; if the pattern keeps shifting, however, seasonally adjusted data will become chronically troublesome. This problem occurs relatively infrequently for farm and food-related products, but has more often affected manufactured products such as automobiles and steel. Since January 1988, the PPI has used Intervention Analysis Seasonal Adjustment methods to enhance the calculation of seasonal factors. With this technique, outlier values that may distort the seasonal pattern are removed from the data prior to applying the standard seasonal factor estimation procedure. For example, a possible economic cause for large price movements for petroleumbased products might have been the Persian Gulf War. In this case, intervention techniques allowed for better estimates of seasonally adjusted data. On the whole, very few series have required intervention. Out of nearly 900 seasonally adjusted series, only 16 were subject to intervention in 1997. For more information relating to seasonal adjustment methods, see (1) “Appendix A: Seasonal Adjustment Methodology at BLS,” in the BLS Handbook of Methods (April 1997), Bulletin 2490 and (2) “Summary of Changes to the PPI’s Seasonal Adjustment Methodology” in the January 1995 issue of Producer Price Indexes. Producer Price Index Data on the Internet In 1995, the BLS began posting PPI series, news releases, and technical information to both a World Wide Web (WWW) site and a file transfer protocol (FTP) site. During the years following the introduction of PPI Internet services, use of these sites eclipsed more traditional methods of data dissemination, such as subscriptions to the PPI Detailed Report. There were more than 1.6 million instances of PPI series being downloaded from the Internet during the 12 months ended December 31, 2003. Retrieving PPI data from the PPI Web site PPI data can be obtained from the WWW address (www.bls.gov/ppi). Scrolling down the page to the “Get Detailed PPI Statistics” header reveals the following methods of data retrieval: • Most Requested Series is a form-based application that allows the user to quickly obtain PPI time series data by selecting from two separate lists (commodity and industry) of the most commonly requested time series, including the All Commodities Index and the stage-of-processing indexes (for example, Finished Goods). Within each list, any one—or all—of the time series shown can be selected. A user can modify the date range and output options after executing the query, using the reformat button above the data output table. • Create Customized Tables is a form-based query application designed for users unfamiliar with the PPI coding structure. The application guides a user through the PPI classification system by listing index titles and does not require knowledge of commodity or industry codes. Data retrieved are based on a query formulated by selecting data characteristics from lists provided. Two options are available to create customized tables, depending on a user’s browser capability. The one-screen option is a JavaScript application that uses a single screen to guide a user through the available time series data. The second option is a multiplescreen, non-Java-based application. Both methods allow a user to browse the PPI coding structure and select multiple series codes. Using the one-screen option, users can modify the date range and output options after executing the query using the reformat button above the data output table. • Series Report is a form-based application that uses formatted PPI time series identifiers (commodity or industry codes) as input in extracting data according to a specified set of date ranges and output options. This application provides the most efficient path for users who are familiar with the format of PPI time series identifiers. Up to 300 indexes can be extracted at a time. There are five alphabetic prefixes used to create unique PPI time series identifiers: WP, WD, PC, PD, and ND. Each provides the user access to a different PPI database. Adding either a “u” (not seasonally adjusted) or an “s” (seasonally adjusted) to the end of these prefixes further specifies the type of data needed. For commodity and stage-of-processing indexes, series identifiers combine a “wpu” prefix (not seasonally adjusted) or a “wps” prefix (seasonally adjusted) with a commodity code. Commodity code wps141101 wpu141101 wpusop3000 Provides data for: Passenger cars, seasonally adjusted Passenger cars, not seasonally adjusted Finished goods, not seasonally adjusted For discontinued commodity indexes, series identifiers combine a “wdu” prefix (not seasonally adjusted) or a “wds” prefix (seasonally adjusted) with a commodity code. Commodity code wds019 wdu0635 wdusi138011 Provides data for: Other farm products, seasonally adjusted Preparations, ethical (prescription), not seasonally adjusted Stainless steel mill products, not seasonally adjusted Current price indexes grouped by industry according to NAICS have series identifiers that begin with the prefix “pcu.” After the prefix, there are 12 digits (the 6-digit industry code is listed twice) followed by up to 7 alphanumeric characters identifying product detail. Dashes are used as placeholders for higher-level industry group codes. Industry-product code, current NAICS series pcu325---325--pcu336110336110 pcu621111621111411 pcu325412325412A Provides data for: Chemical manufacturing, not seasonally adjusted Automobile and light duty motor vehicle manufacturing Offices of physicians, one- and two-physician practices and single-specialty group practices, general/family practice Pharmaceutical preparation manufacturing, pharmaceuticals acting on the respiratory system Discontinued industry-product codes based on SIC combine a “pdu” prefix and “#” between the fourth and fifth characters of the product code. Series identifiers for the discontinued dataset use underscores as placeholders to complete a reference to an SIC industry group code of fewer than four digits. (All PPI industry-based indexes organized by SIC were discontinued with the introduction of NAICS.) Industry-product code, discontinued SIC series pdu28_ _# pdu331_# pdu3711#111 Provides data for: Chemicals and allied products, not seasonally adjusted Blast furnaces, steel works, and rolling and finishing mills, not seasonally adjusted Passenger cars Price indexes for discontinued series grouped by industry according to NAICS have identifiers that begin with the prefix “ndu.” After the prefix, there are 12 numeric digits (the 6-digit industry code is listed twice), and up to 7 additional alphanumeric characters that identify product detail. Dashes are used as placeholders for higher-level industry group codes. Industry-product code, discontinued NAICS series ndu212231212231 ndu2122312122312 ndu212231212231214 Provides data for: Lead ore and zinc ore mining Lead and zinc concentrates Lead concentrates • Flat Files and the FTP server are best suited for users requiring access to either a large volume of time series data or other PPI-related documentation (such as seasonal factor and relative importance tables). The FTP site can be accessed at ftp://ftp.bls.gov or directly from the links on the “Get Detailed Statistics” page or the PPI homepage. Data and documentation available for download include the following: NAICS series, current NAICS series, discontinued SIC series, discontinued Commodity series, current Commodity series, discontinued Special requests Latest news release Directory: /pub/time.series/pc /pub/time.series/nd /pub/time.series/pd /pub/time.series/wp /pub/time.series/wd /pub/special.requests/ppi /pub/news.release/ppi.txt The FTP site maintains files to help with searches and downloads. These files are centrally located in the /pub/doc directory. Within this directory, the overview.txt file contains an overview relating to all BLS data available through the FTP site. For current commodity-based PPI data, the program help file is wp.txt; for discontinued commodity series, wd.txt; for current industry-based PPI data based on NAICS, pc.txt; for industry-based SIC time series that have been discontinued, pd.txt; and for industry-based NAICS series that have been discontinued, nd.txt. Users who prefer downloading PPI datasets as individual ZIP files should go to the directory labeled /pub/time.series/compressed/tape.format/ on the FTP site. This directory includes six PPI-specific ZIP files, one for each of the PPI databases—WP, WD, PC, ND, and PD—and a ZIP file for the annual 5-year revision to historical seasonal PPIs. Other Sources of PPI Data PPI data can also be accessed via the BLS homepage (www.bls.gov). Clicking on the “Get Detailed Statistics” link at the top of the homepage calls up a chart listing all available BLS programs. The following methods are available for retrieving PPI data: Most requested statistics, create customized tables (one screen or multiple screens), and flat files. Additional sources of BLS data also are accessible from this page, including economic news releases, series report, and economy at a glance. Additional information The PPI homepage (www.bls.gov/ppi) contains additional information regarding PPI data and methodology. The top section of the homepage provides PPI news releases, both current and archived, as well as general PPI information. The “Tables Created by BLS” section found beneath the statistics section provides relative importance and seasonal factor tables. The remaining sections offer special notices and publications pertaining to PPI methodology and applications. For questions or comments regarding PPI data classification, methodology, or data availability on the Internet, call or e-mail the Section of Index Analysis and Public Information at (202) 691-7705 or ppi-info@bls.gov. Table 1. Producer price indexes and percent changes by stage of processing (1982=100) _______________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | Relative | Unadjusted index |change to |percent change from: Grouping |importance| |Oct. 2007 from:| | |_______________________|_______________|__________________________ | Dec. | | | | | | | | | |June |Sept. |Oct. | Oct. | Sept. |July to|Aug. to |Sept. to | 2006 1/|2007 2/|2007 2/|2007 2/| 2006 | 2007 | Aug. | Sept. | Oct. _________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|________ | Finished goods...................................| 100.000 167.2 167.4 168.6 6.1 0.7 -1.4 1.1 0.1 Finished consumer goods........................| 75.962 174.4 174.8 175.9 7.4 .6 -1.8 1.5 .1 Finished consumer foods......................| 21.547 166.3 168.3 169.6 7.1 .8 -.2 1.5 1.0 Crude......................................| 2.145 147.5 160.5 180.0 11.7 12.1 -5.2 10.4 11.9 Processed..................................| 19.402 168.3 169.2 168.7 6.7 -.3 .2 .7 -.1 Finished consumer goods, excluding foods.....| 54.416 177.2 176.9 177.9 7.5 .6 -2.4 1.6 -.3 Nondurable goods less foods................| 38.512 194.5 194.4 194.6 9.9 .1 -3.1 2.2 -.3 Durable goods..............................| 15.903 137.7 136.9 139.5 1.9 1.9 0 -.4 -.2 Capital equipment..............................| 24.038 149.0 149.0 150.5 2.0 1.0 .1 -.1 -.1 Manufacturing industries.....................| 6.035 152.3 152.7 153.3 1.9 .4 -.1 .1 0 Nonmanufacturing industries..................| 18.002 147.8 147.7 149.4 2.0 1.2 .1 -.1 -.1 | Intermediate materials, supplies, and components.| 100.000 172.0 172.3 172.1 5.6 -.1 -1.2 .4 .1 Materials and components for manufacturing.....| 44.450 163.6 163.4 163.9 3.7 .3 -.7 .1 .3 Materials for food manufacturing.............| 2.797 163.0 167.4 166.9 13.0 -.3 .4 1.7 0 Materials for nondurable manufacturing.......| 14.930 184.9 186.3 188.4 7.6 1.1 -1.1 .5 1.1 Materials for durable manufacturing..........| 10.041 194.8 188.7 187.9 .3 -.4 -1.5 -1.3 -.4 Components for manufacturing.................| 16.683 136.2 136.5 136.5 .4 0 .1 .1 0 Materials and components for construction......| 13.964 193.1 193.3 193.2 1.5 -.1 -.1 -.2 .1 Processed fuels and lubricants.................| 18.661 178.1 178.8 176.2 17.5 -1.5 -4.2 1.5 -.5 Manufacturing industries ....................| 5.032 177.8 178.7 175.3 21.5 -1.9 -2.9 2.2 -.5 Nonmanufacturing industries..................| 13.629 178.8 179.5 177.1 15.4 -1.3 -4.6 1.3 -.6 Containers.....................................| 2.757 179.7 180.7 182.2 2.6 .8 .3 0 .8 Supplies.......................................| 20.168 161.4 162.1 162.8 2.9 .4 .1 .2 .4 Manufacturing industries.....................| 4.108 162.6 163.5 163.8 .9 .2 .3 .1 .2 Nonmanufacturing industries..................| 16.060 159.7 160.5 161.2 3.5 .4 .1 .2 .4 Feeds......................................| 1.273 135.2 138.5 143.9 31.4 3.9 -.1 .4 3.9 Other supplies.............................| 14.787 163.1 163.7 164.0 1.5 .2 .1 .2 .2 | Crude materials for further processing...........| 100.000 209.7 204.7 209.9 25.7 2.5 -3.0 .1 2.4 Foodstuffs and feedstuffs......................| 34.523 148.4 151.9 149.8 20.0 -1.4 -1.5 2.4 -1.8 Nonfood materials..............................| 65.477 249.6 237.5 248.7 27.7 4.7 -3.8 -1.0 4.6 Nonfood materials except fuel 3/.............| 38.277 227.6 253.6 260.5 30.0 2.7 1.4 4.4 2.6 Manufacturing 3/...........................| 37.730 211.1 235.5 242.1 30.4 2.8 1.4 4.5 2.7 Construction...............................| 0.547 203.6 200.9 198.0 -.7 -1.4 -1.4 -.3 -1.2 Crude fuel 4/................................| 27.200 260.4 195.4 211.8 29.1 8.4 -10.9 -9.7 8.4 Manufacturing industries...................| 2.426 246.7 186.6 201.8 27.9 8.1 -10.6 -9.4 8.1 Nonmanufacturing industries................| 24.774 266.3 199.8 216.6 29.2 8.4 -11.0 -9.7 8.3 | Special groupings | | Finished goods, excluding foods..................|5/ 78.453 167.1 166.9 168.0 5.8 .7 -1.7 1.2 -.2 Intermediate materials less foods and feeds......|6/ 95.931 172.9 173.0 172.8 5.2 -.1 -1.2 .4 .1 Intermediate foods and feeds.....................|6/ 4.069 154.5 158.5 159.7 17.7 .8 .3 1.4 1.0 Crude materials less agricultural products 3/ 7/.|8/ 64.511 256.5 243.9 255.4 27.8 4.7 -3.8 -1.2 4.7 | Finished energy goods............................|5/ 18.857 160.9 159.6 159.5 16.6 -.1 -6.6 4.1 -.8 Finished goods less energy.......................|5/ 81.143 162.3 163.0 164.5 3.7 .9 .1 .4 .3 Finished consumer goods less energy..............|5/ 57.105 168.2 169.1 170.7 4.4 .9 .1 .6 .4 | Finished goods less foods and energy.............|5/ 59.596 161.3 161.5 163.0 2.5 .9 .2 .1 0 Finished consumer goods less foods and energy....|5/ 35.559 169.6 169.9 171.6 2.8 1.0 .2 .2 .1 Consumer nondurable goods less foods and energy..|5/ 19.655 196.7 198.1 198.7 3.5 .3 .4 .5 .3 | Intermediate energy goods........................|6/ 19.208 179.2 179.9 178.0 18.9 -1.1 -3.7 1.1 -.1 Intermediate materials less energy...............|6/ 80.792 168.1 168.3 168.5 2.6 .1 -.4 .2 .2 Intermediate materials less foods and energy.....|6/ 76.723 169.0 168.9 169.2 1.9 .2 -.5 .1 .1 | Crude energy materials 3/........................|8/ 43.694 238.0 219.9 232.9 33.6 5.9 -5.6 -2.0 5.9 Crude materials less energy......................|8/ 56.202 183.6 188.2 187.5 19.3 -.4 -.5 2.1 -.6 Crude nonfood materials less energy 4/...........|8/ 21.783 281.5 289.2 294.0 18.6 1.7 1.3 1.6 1.4 | _______________________________________________________________________________________________________________________________ 1/ 2/ 3/ 4/ Comprehensive relative importance figures are initially computed after the publication of December indexes and are recalculated after final December indexes are available. The indexes for June 2007 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision 4 months after original publication. Includes crude petroleum. Excludes crude petroleum. 5/ 6/ 7/ 8/ Percent of total finished goods. Percent of total intermediate materials. Formerly titled "Crude materials for further processing, excluding crude foodstuffs and feedstuffs, plant and animal fibers, oilseeds, and leaf tobacco." Percent of total crude materials. Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing (1982=100 unless otherwise indicated) ____________________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | | Unadjusted index |change to |percent change from: Commodity | | |Oct. 2007 from:| code | Grouping |_______________________|_______________|________________________ | | | | | | | | | | |June |Sept. |Oct. | Oct. | Sept. |July to|Aug. to|Sept.to | |2007 1/|2007 1/|2007 1/| 2006 | 2007 | Aug. | Sept.| Oct. ___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ | | |FINISHED GOODS.........................................| 167.2 167.4 168.6 6.1 0.7 -1.4 1.1 0.1 | FINISHED CONSUMER GOODS...............................| 174.4 174.8 175.9 7.4 .6 -1.8 1.5 .1 | FINISHED CONSUMER FOODS..............................| 166.3 168.3 169.6 7.1 .8 -.2 1.5 1.0 | | 01-11 | Fresh fruits and melons 2/..........................| 118.6 107.6 112.6 -16.7 4.6 -2.1 5.9 4.6 01-13 | Fresh and dry vegetables 2/.........................| 137.7 150.9 194.8 27.0 29.1 -6.0 15.2 29.1 01-71-07 | Eggs for fresh use (Dec. 1991=100)..................| 94.5 154.2 138.4 62.6 -10.2 -12.0 30.0 -8.7 02-11 | Bakery products 2/..................................| 215.1 218.6 219.6 4.7 .5 .2 1.4 .5 02-13 | Milled rice 2/......................................| 152.3 154.2 156.8 7.5 1.7 .3 .9 1.7 02-14-02 | Pasta products (June 1985=100) 2/...................| 134.7 134.8 138.3 7.5 2.6 0 .1 2.6 02-21-01 | Beef and veal 2/....................................| 153.8 145.5 142.5 1.5 -2.1 2.3 1.6 -2.1 02-21-04 | Pork................................................| 144.3 131.6 126.6 -1.5 -3.8 -2.3 -1.7 -3.3 02-22-03 | Processed young chickens............................| 143.4 145.8 137.2 14.2 -5.9 -1.7 1.9 -1.5 02-22-06 | Processed turkeys...................................| 111.3 112.6 114.3 4.6 1.5 -.6 0 -2.7 02-23 | Finfish and shellfish...............................| 231.5 233.6 235.7 4.9 .9 -2.0 -1.0 1.1 02-3 | Dairy products 2/...................................| 179.4 189.5 187.8 26.0 -.9 -.2 1.6 -.9 02-4 | Processed fruits and vegetables.....................| 157.7 157.2 159.0 4.5 1.1 .2 0 1.1 02-55 | Confectionery end products 2/.......................| 207.6 206.0 207.4 3.1 .7 .7 -.8 .7 02-62 | Soft drinks.........................................| 165.7 166.4 169.4 4.2 1.8 .7 -.7 2.2 02-63-01 | Roasted coffee 2/...................................| 162.5 163.5 163.5 4.4 0 1.5 -1.2 0 02-78 | Shortening and cooking oils 2/......................| 205.8 222.9 228.4 25.5 2.5 2.1 1.8 2.5 | | | FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 177.2 176.9 177.9 7.5 .6 -2.4 1.6 -.3 | | 02-61 | Alcoholic beverages.................................| 160.0 160.9 161.0 2.0 .1 .9 .6 -.3 03-81-06 | Women's, girls', & infants' apparel (12/03=100) 2/..| 100.8 101.2 101.1 .8 -.1 .1 0 -.1 03-81-07 | Men's and boys' apparel (Dec. 2003=100) 2/..........| 98.5 98.8 98.9 .4 .1 .2 0 .1 03-82 | Textile housefurnishings 2/.........................| 124.9 125.2 126.2 1.7 .8 0 0 .8 04-3 | Footwear 2/.........................................| 151.7 151.7 152.1 1.5 .3 -.1 0 .3 05-41 | Residential electric power (Dec. 1990=100)..........| 142.1 143.3 140.9 4.1 -1.7 -.2 0 .2 05-51 | Residential gas (Dec. 1990=100).....................| 227.9 224.5 223.3 7.7 -.5 -8.5 3.2 -2.4 05-71 | Gasoline............................................| 239.3 225.6 223.9 32.4 -.8 -13.8 8.4 -3.1 05-73-02-01| Home heating oil and distillates....................| 214.8 226.1 233.3 16.2 3.2 -6.0 2.0 -2.5 06-38 | Pharmaceutical preparations (June 2001=100) 2/......| 128.7 131.0 131.0 5.2 0 1.3 .5 0 06-71 | Soaps and synthetic detergents 2/...................| 144.6 145.4 145.3 .4 -.1 .1 .4 -.1 06-75 | Cosmetics and other toilet preparations 2/..........| 147.7 148.1 148.1 1.2 0 -.1 .1 0 07-12 | Tires, tubes, tread, etc 2/.........................| 118.1 118.8 119.7 1.7 .8 .1 0 .8 09-15-01 | Sanitary paper products 2/..........................| 162.4 162.1 162.7 1.6 .4 .1 -.4 .4 09-31-01 | Newspaper circulation...............................| 243.0 249.5 247.4 2.3 -.8 .9 1.2 -1.1 09-32-04 | Periodical circulation (June 2007=100) 2/...........| 100.0 99.6 99.9 (3) .3 0 -.1 .3 09-33 | Book publishing 2/..................................| 284.5 287.0 288.3 3.7 .5 .4 .5 .5 12-1 | Household furniture 2/..............................| 175.0 175.3 175.8 1.5 .3 -.2 .5 .3 12-3 | Floor coverings 2/..................................| 156.4 157.0 157.4 .7 .3 -1.0 .9 .3 12-4 | Household appliances 2/.............................| 105.2 105.2 105.6 1.2 .4 -.2 -.2 .4 12-5 | Home electronic equipment 2/........................| 59.3 56.7 56.7 -4.7 0 0 -4.5 0 12-62 | Household glassware 2/..............................| 176.6 176.6 176.6 2.0 0 .1 0 0 12-64 | Household flatware 2/...............................| 186.7 (3) 187.1 21.4 (3) (3) (3) (3) 12-66 | Lawn and garden equip., ex. tractors 2/.............| 136.4 136.4 136.9 .7 .4 .1 0 .4 14-11-01 | Passenger cars......................................| 125.4 122.1 129.1 .4 5.7 .5 -1.8 1.0 15-11 | Toys, games, and children's vehicles 2/.............| 131.3 131.2 131.2 2.2 0 0 0 0 15-12 | Sporting and athletic goods 2/......................| 129.3 130.1 129.7 2.4 -.3 .4 .3 -.3 15-2 | Tobacco products 2/.................................| 487.6 495.4 500.0 8.6 .9 0 1.4 .9 15-5 | Mobile homes 2/.....................................| 211.3 211.9 211.8 0 0 -.2 0 0 15-94-02 | Jewelry, platinum, & karat gold 2/..................| 151.9 155.2 156.5 7.0 .8 .8 .9 .8 15-94-04 | Costume jewelry and novelties 2/....................| 156.6 156.4 156.5 1.8 .1 -.1 0 .1 | | | CAPITAL EQUIPMENT.....................................| 149.0 149.0 150.5 2.0 1.0 .1 -.1 -.1 | | 11-1 | Agricultural machinery and equipment 2/.............| 184.1 184.0 185.3 3.1 .7 -.3 -.1 .7 11-2 | Construction machinery and equipment 2/.............| 179.5 179.8 180.5 2.4 .4 .1 -.1 .4 11-37 | Metal cutting machine tools 2/......................| 165.5 165.6 166.2 1.1 .4 -.1 0 .4 11-38 | Metal forming machine tools 2/......................| 183.6 184.2 184.5 .2 .2 .3 0 .2 11-39 | Tools, dies, jigs, fixtures, and ind. molds 2/......| 143.9 144.0 144.2 0 .1 0 0 .1 11-41 | Pumps, compressors, and equipment 2/................| 195.3 196.1 197.0 4.7 .5 .2 .2 .5 11-44 | Industrial material handling equipment 2/...........| 161.2 162.8 163.5 3.1 .4 .2 .6 .4 11-51 | Electronic computers (Dec. 2004=100) 2/.............| 51.9 47.4 46.8 -22.5 -1.3 -3.2 -2.1 -1.3 11-62 | Textile machinery 2/................................| 162.5 161.9 162.4 .6 .3 -.2 .1 .3 11-64 | Paper industries machinery (June 1982=100) 2/.......| 182.9 186.0 185.1 2.4 -.5 0 1.3 -.5 11-65 | Printing trades machinery 2/........................| 150.4 150.8 150.8 1.5 0 .1 0 0 11-74 | Transformers and power regulators 2/................| 194.8 195.4 197.1 7.9 .9 1.0 -1.3 .9 11-76 | Communication & related equip. (Dec. 1985=100) 2/...| 103.2 103.1 103.0 .5 -.1 0 -.1 -.1 11-79-05 | X-ray and electromedical equipment 2/...............| 93.0 92.8 92.6 -2.2 -.2 -.1 .1 -.2 11-91 | Oil field and gas field machinery ..................| 184.4 185.9 186.3 5.7 .2 .4 .3 .3 11-92 | Mining machinery and equipment 2/...................| 190.7 192.8 192.4 3.6 -.2 .9 0 -.2 11-93 | Office and store machines and equipment 2/..........| 115.1 116.2 116.5 1.0 .3 0 -.1 .3 12-2 | Commercial furniture 2/.............................| 181.5 180.7 180.8 1.1 .1 -.2 .2 .1 14-11-05 | Light motor trucks..................................| 143.6 140.7 147.1 5.1 4.5 -.9 -.5 -2.7 14-11-06 | Heavy motor trucks 2/...............................| 178.4 178.3 178.3 4.5 0 -.9 -.1 0 14-14 | Truck trailers 2/...................................| 169.6 171.2 171.2 2.3 0 .6 .3 0 14-21-02 | Civilian aircraft (Dec. 1985=100)...................| 218.2 221.3 222.3 3.4 .5 .9 .3 .5 14-31 | Ships (Dec. 1985=100) 2/............................| 191.4 193.0 196.1 4.3 1.6 .5 -.7 1.6 14-4 | Railroad equipment 2/...............................| 176.4 177.1 178.3 4.8 .7 -.3 -.2 .7 | | |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 172.0 172.3 172.1 5.6 -.1 -1.2 .4 .1 | | | INTERMEDIATE FOODS AND FEEDS..........................| 154.5 158.5 159.7 17.7 .8 .3 1.4 1.0 | | 02-12-03 | Flour 2/............................................| 165.8 206.4 218.6 40.5 5.9 3.7 13.2 5.9 02-53 | Refined sugar and byproducts 2/.....................| 130.7 126.8 125.2 -15.4 -1.3 -2.7 .6 -1.3 02-54 | Confectionery materials.............................| 153.4 152.8 153.2 13.1 .3 0 .3 .7 02-64-01-11| Soft drink beverage bases (Dec. 1985=100) 2/........| 196.9 196.4 196.5 4.0 .1 0 -.6 .1 02-9 | Prepared animal feeds 2/............................| 140.3 143.2 147.6 25.5 3.1 0 .4 3.1 | | | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 172.9 173.0 172.8 5.2 -.1 -1.2 .4 .1 | | 03-1 | Synthetic fibers 2/.................................| 114.8 114.5 114.3 .2 -.2 .8 .1 -.2 03-2 | Processed yarns and threads 2/......................| 116.3 118.0 117.6 2.1 -.3 .3 .3 -.3 03-3 | Gray fabrics 2/.....................................| 120.1 121.6 121.5 1.1 -.1 .3 .7 -.1 03-4 | Finished fabrics 2/.................................| 128.0 128.6 128.6 .7 0 .6 -.2 0 03-83-03 | Industrial textile products 2/......................| 138.9 139.8 139.8 1.2 0 .4 -.1 0 04-2 | Leather 2/..........................................| 228.5 230.7 231.7 2.8 .4 .2 .8 .4 05-32 | Liquefied petroleum gas 2/..........................| 297.8 333.3 364.3 45.3 9.3 .2 9.8 9.3 ____________________________________________________________________________________________________________________________________ See footnotes at end of table. Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing - Continued (1982=100 unless otherwise indicated) ____________________________________________________________________________________________________________________________________ | | |Unadjusted | | | | percent |Seasonally adjusted | | Unadjusted index |change to |percent change from: Commodity | | |Oct. 2007 from:| code | Grouping |_______________________|_______________|________________________ | | | | | | | | | | |June |Sept. |Oct. | Oct. | Sept. |July to|Aug. to|Sept.to | |2007 1/|2007 1/|2007 1/| 2006 | 2007 | Aug. | Sept.| Oct. ___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ | | | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS | | -Continued..........................................| 05-42 | Commercial electric power...........................| 172.2 172.7 165.6 3.1 -4.1 0.4 0.7 -0.1 05-43 | Industrial electric power...........................| 186.7 188.5 182.0 6.3 -3.4 1.6 .5 .9 05-52 | Commercial natural gas (Dec. 1990=100)..............| 241.1 232.5 231.1 7.0 -.6 -4.6 1.8 -1.2 05-53 | Industrial natural gas (Dec. 1990=100)..............| 253.7 224.8 229.4 10.3 2.0 -7.1 -6.1 3.9 05-54 | Natural gas to electric utilities (Dec. 1990=100)...| 200.5 174.7 180.7 22.3 3.4 -3.7 -5.0 1.3 05-72-03 | Jet fuels...........................................| 201.8 220.7 210.4 13.7 -4.7 -2.3 -6.4 3.2 05-73-03 | No. 2 Diesel fuel...................................| 227.6 246.2 249.6 26.4 1.4 -7.2 3.1 -4.0 05-74 | Residual fuels 2/...................................| 178.0 193.6 178.8 29.5 -7.6 .1 7.0 -7.6 06-1 | Industrial chemicals 2/.............................| 227.2 227.7 229.8 7.6 .9 -4.5 2.2 .9 06-21 | Prepared paint......................................| 209.6 209.8 210.1 3.3 .1 .1 .4 0 06-22 | Paint materials 2/..................................| 208.9 218.1 216.2 8.2 -.9 2.8 .8 -.9 06-31 | Medicinal and botanical chemicals 2/................| 141.6 141.6 141.6 3.1 0 0 0 0 06-4 | Fats and oils, inedible 2/..........................| 192.2 198.4 210.8 46.2 6.3 -4.6 5.3 6.3 06-51 | Mixed fertilizers...................................| 163.6 165.0 166.9 16.9 1.2 1.5 .1 1.0 06-52-01 | Nitrogenates........................................| 235.8 234.2 234.2 24.0 0 3.5 -4.4 -2.7 06-52-02 | Phosphates 2/.......................................| 188.1 212.7 197.7 46.0 -7.1 3.4 2.5 -7.1 06-53 | Other agricultural chemicals 2/.....................| 157.1 157.8 159.4 2.4 1.0 .6 -.3 1.0 06-6 | Plastic resins and materials 2/.....................| 196.9 197.6 198.8 -.6 .6 0 -.6 .6 07-11-02 | Synthetic rubber 2/.................................| 169.7 172.0 170.0 3.7 -1.2 0 .1 -1.2 07-21 | Plastic construction products 2/....................| 179.4 178.9 178.4 -1.5 -.3 -.2 -.3 -.3 07-22 | Unsupported plastic film, sheet, & other shapes 2/..| 173.4 176.1 180.3 2.1 2.4 1.0 .1 2.4 07-26 | Plastic parts and components for manufacturing 2/...| 129.2 130.0 130.0 -1.7 0 .4 .4 0 08-11 | Softwood lumber 2/..................................| 174.4 172.7 165.1 -2.2 -4.4 -2.5 -1.0 -4.4 08-12 | Hardwood lumber 2/..................................| 192.9 191.2 191.1 -2.2 -.1 -.2 -.8 -.1 08-2 | Millwork............................................| 201.5 201.1 201.4 -.1 .1 0 0 .2 08-3 | Plywood 2/..........................................| 179.9 180.6 177.0 9.5 -2.0 -1.3 -.3 -2.0 09-11 | Woodpulp 2/.........................................| 161.1 164.3 165.3 12.9 .6 1.3 -.4 .6 09-13 | Paper 2/............................................| 167.3 169.1 169.5 -.6 .2 .2 .4 .2 09-14 | Paperboard 2/.......................................| 198.7 203.1 210.0 6.2 3.4 0 2.1 3.4 09-15-03 | Paper boxes and containers 2/.......................| 196.9 197.3 199.7 1.7 1.2 .1 -.1 1.2 09-2 | Building paper and board 2/.........................| 155.6 155.8 150.2 -6.8 -3.6 -2.2 -1.6 -3.6 09-37 | Commercial printing (June 1982=100) 2/..............| 166.0 166.3 166.3 .3 0 .1 .1 0 10-15 | Foundry and forge shop products 2/..................| 170.9 172.3 172.4 4.5 .1 -1.0 0 .1 10-17 | Steel mill products 2/..............................| 190.5 178.4 175.2 -6.5 -1.8 -2.7 -1.2 -1.8 10-22 | Primary nonferrous metals 2/........................| 280.1 267.7 275.3 11.4 2.8 -3.2 -3.2 2.8 10-25-01 | Aluminum mill shapes 2/.............................| 192.2 184.8 181.9 -.2 -1.6 -.2 -2.2 -1.6 10-25-02 | Copper and brass mill shapes 2/.....................| 438.3 422.9 425.1 2.2 .5 -1.2 -3.9 .5 10-26 | Nonferrous wire and cable 2/........................| 242.7 247.1 257.7 6.6 4.3 -1.6 -1.9 4.3 10-3 | Metal containers 2/.................................| 134.0 134.1 134.1 5.1 0 0 0 0 10-4 | Hardware 2/.........................................| 179.8 180.7 180.6 2.4 -.1 .1 .3 -.1 10-5 | Plumbing fixtures and brass fittings................| 222.4 222.8 221.6 4.8 -.5 .3 .3 -.8 10-6 | Heating equipment 2/................................| 194.8 196.2 196.8 3.9 .3 .5 -.1 .3 10-7 | Fabricated structural metal products 2/.............| 187.9 188.6 188.6 1.7 0 .2 0 0 10-88 | Fabricated ferrous wire products (June 1982=100) 2/.| 166.2 167.2 167.0 1.6 -.1 .9 -.4 -.1 10-89 | Other misc. metal products 2/.......................| 143.1 144.0 143.8 1.4 -.1 .1 .2 -.1 11-45 | Mechanical power transmission equipment.............| 203.3 204.9 206.6 4.0 .8 .2 -.1 1.0 11-48 | Air conditioning and refrigeration equipment 2/.....| 157.7 158.1 157.6 3.7 -.3 -.3 .4 -.3 11-49-02 | Metal valves, ex.fluid power (Dec. 1982=100) 2/.....| 227.0 229.6 230.9 7.2 .6 1.0 -.3 .6 11-49-05 | Ball and roller bearings 2/.........................| 197.3 202.7 203.0 4.3 .1 2.8 -.1 .1 11-71 | Wiring devices 2/...................................| 195.4 196.3 196.3 3.3 0 .6 -.3 0 11-73 | Motors, generators, motor generator sets 2/.........| 172.9 173.9 174.1 3.3 .1 .1 -.3 .1 11-75 | Switchgear, switchboard, etc., equipment 2/.........| 187.6 192.3 190.4 4.1 -1.0 -.9 2.3 -1.0 11-78 | Electronic components and accessories 2/............| 83.1 80.8 80.8 -10.1 0 -1.6 -.6 0 11-94 | Internal combustion engines 2/......................| 154.5 155.6 155.1 1.4 -.3 .6 0 -.3 11-95 | Machine shop products 2/............................| 159.3 159.6 159.5 1.7 -.1 0 .1 -.1 13-11 | Flat glass 2/.......................................| 114.4 114.8 113.2 -.4 -1.4 -.3 -.1 -1.4 13-22 | Cement..............................................| 209.6 210.0 208.7 3.4 -.6 -.2 1.0 -.1 13-3 | Concrete products...................................| 203.5 204.1 203.6 3.3 -.2 .2 .2 0 13-6 | Asphalt felts and coatings..........................| 144.0 144.2 144.5 -3.2 .2 2.3 -2.1 .6 13-7 | Gypsum products 2/..................................| 240.3 221.9 211.4 -24.5 -4.7 -2.6 -1.5 -4.7 13-8 | Glass containers....................................| 162.8 164.5 165.1 8.3 .4 2.1 -.5 .3 14-12 | Motor vehicle parts 2/..............................| 118.1 118.4 118.3 1.0 -.1 .3 0 -.1 14-23 | Aircraft engines & engine parts (Dec. 1985=100).....| 178.7 178.8 180.3 4.2 .8 .4 .7 .8 14-25 | Aircraft parts & aux.equip.,nec (June 1985=100) 2/..| 158.0 158.2 158.1 .4 -.1 .2 -.1 -.1 15-42 | Photographic supplies 2/............................| 122.6 123.5 122.0 .3 -1.2 1.0 -.2 -1.2 15-6 | Medical/surgical/personal aid devices...............| 163.2 163.4 163.0 1.5 -.2 -.2 .4 -.1 | | | CRUDE MATERIALS FOR FURTHER PROCESSING................| 209.7 204.7 209.9 25.7 2.5 -3.0 .1 2.4 | | | CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 148.4 151.9 149.8 20.0 -1.4 -1.5 2.4 -1.8 | | 01-21 | Wheat 2/............................................| 150.4 214.1 230.0 79.4 7.4 9.0 23.8 7.4 01-22-02 | Corn 2/.............................................| 153.1 124.2 124.8 15.3 .5 -5.5 -1.4 .5 01-31 | Slaughter cattle 2/.................................| 133.0 136.6 134.7 4.8 -1.4 -.1 1.8 -1.4 01-32 | Slaughter hogs......................................| 86.4 76.1 67.5 -18.3 -11.3 0 -4.4 -11.9 01-41-02 | Slaughter broilers/fryers 2/........................| 210.5 212.1 188.7 17.5 -11.0 -5.2 4.2 -11.0 01-42 | Slaughter turkeys...................................| 151.3 179.0 183.2 -.2 2.3 1.1 -1.2 -.9 01-6 | Fluid milk..........................................| 151.4 163.2 158.6 57.0 -2.8 -1.0 -2.4 -5.1 01-83-01-31| Soybeans 2/.........................................| 131.9 145.3 151.3 64.8 4.1 -8.6 13.1 4.1 02-52-01-03| Cane sugar, raw (Dec. 2003=100) 2/..................| 120.9 121.6 120.2 -.7 -1.2 -.6 -.2 -1.2 | | | CRUDE NONFOOD MATERIALS..............................| 249.6 237.5 248.7 27.7 4.7 -3.8 -1.0 4.6 | | 01-51 | Raw cotton 2/.......................................| 77.3 87.0 88.6 15.4 1.8 -4.1 16.3 1.8 04-1 | Hides and skins 2/..................................| 218.3 201.2 198.7 -1.0 -1.2 .1 0 -1.2 05-1 | Coal................................................| 130.6 130.8 130.4 3.2 -.3 1.2 -.2 -.5 05-31 | Natural gas 2/......................................| 304.7 219.8 241.2 36.6 9.7 -12.4 -11.1 9.7 05-61 | Crude petroleum 2/..................................| 177.4 212.2 220.0 41.1 3.7 1.3 7.1 3.7 08-5 | Logs, timber, etc 2/................................| 220.4 213.4 209.7 3.6 -1.7 -2.0 -.6 -1.7 09-12 | Wastepaper..........................................| 346.4 395.8 414.1 64.8 4.6 .2 4.3 4.9 10-11 | Iron ore 2/.........................................| 128.9 129.6 129.5 -2.3 -.1 0 0 -.1 10-12 | Iron and steel scrap................................| 394.2 413.5 419.4 29.8 1.4 1.3 5.8 -.7 10-21 | Nonferrous metal ores (Dec. 1983=100) 2/............| 250.6 253.9 266.2 18.0 4.8 2.9 -1.6 4.8 10-23-01 | Copper base scrap 2/................................| 498.9 500.5 524.7 11.4 4.8 -3.8 -1.3 4.8 10-23-02 | Aluminum base scrap.................................| 279.7 263.0 262.0 -1.2 -.4 0 -.9 .7 13-21 | Construction sand, gravel, and crushed stone........| 230.6 235.6 235.0 7.8 -.3 1.0 .6 .3 13-99-01 | Industrial sand.....................................| 190.1 191.1 191.2 4.3 .1 .4 .7 .3 ____________________________________________________________________________________________________________________________________ 1/ The indexes for June 2007 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision 4 months after original publication. 2/ 3/ Not seasonally adjusted. Not available. Table 3. Producer price indexes for selected commodity groupings (1982=100 unless otherwise indicated) _______________________________________________________________________________________________ | | | | | Unadjusted index 1/ | Commodity| |___________________________________| code | Grouping | June 2007 |Sept. 2007 | Oct. 2007 | _________|________________________________________________|___________|___________|___________| | | | | | | Finished Goods (1967=100)......................| 469.2 | 469.9 | 473.2 | | All commodities................................| 173.8 | 173.5 | 174.4 | | | | | | | | | | | | MAJOR COMMODITY GROUPS | | | | | | | | | | Farm products and processed foods and feeds....| 158.0 | 160.5 | 160.8 | 01 | Farm products................................| 141.8 | 146.4 | 147.8 | 02 | Processed foods and feeds....................| 166.2 | 167.6 | 167.5 | | | | | | | Industrial commodities.........................| 176.4 | 175.7 | 176.7 | 03 | Textile products and apparel.................| 125.7 | 126.3 | 126.3 | 04 | Hides, skins, leather, and related products..| 174.7 | 172.3 | 172.1 | 05 | Fuels and related products and power.........| 182.4 | 179.1 | 180.5 | 06 | Chemicals and allied products 2/.............| 215.0 | 217.0 | 217.9 | 07 | Rubber and plastic products..................| 154.4 | 155.5 | 156.1 | 08 | Lumber and wood products.....................| 193.7 | 192.5 | 190.9 | 09 | Pulp, paper, and allied products.............| 216.1 | 217.5 | 218.9 | 10 | Metals and metal products....................| 195.9 | 193.9 | 194.5 | 11 | Machinery and equipment......................| 127.2 | 127.3 | 127.2 | 12 | Furniture and household durables.............| 144.9 | 144.8 | 144.9 | 13 | Nonmetallic mineral products.................| 186.3 | 186.5 | 185.9 | 14 | Transportation equipment.....................| 154.4 | 153.9 | 156.7 | 15 | Miscellaneous products.......................| 210.0 | 211.1 | 212.0 | | | | | | | Industrial commodities less fuels and related | | | | | products and power...........................| 171.0 | 171.2 | 172.0 | | | | | | | | | | | | OTHER COMMODITY GROUPINGS | | | | | | | | | 01-1 | Fruits and melons, fresh and dry vegetables, | | | | | and tree nuts................................| 138.6 | 140.0 | 160.8 | 01-2 | Grains.........................................| 151.0 | 146.0 | 151.2 | 01-3 | Slaughter livestock............................| 121.5 | 122.1 | 118.7 | 01-4 | Slaughter poultry..............................| 196.0 | 202.5 | 184.7 | 01-5 | Plant and animal fibers........................| 78.3 | 87.8 | 89.4 | 01-7 | Chicken eggs...................................| 113.4 | 189.6 | 173.2 | 01-8 | Hay, hayseeds, and oilseeds....................| 164.9 | 176.2 | 182.9 | 01-83 | Oilseeds.......................................| 144.3 | 158.7 | 165.9 | 02-1 | Cereal and bakery products.....................| 194.6 | 201.4 | 204.1 | 02-2 | Meats, poultry, and fish.......................| 150.5 | 145.9 | 142.4 | 02-22 | Processed poultry..............................| 136.1 | 138.0 | 132.2 | 02-5 | Sugar and confectionery........................| 169.3 | 167.7 | 168.2 | 02-6 | Beverages and beverage materials...............| 164.4 | 165.1 | 166.4 | 02-63 | Packaged beverage materials....................| 161.6 | 162.4 | 162.5 | 02-7 | Fats and oils..................................| 198.3 | 214.8 | 221.6 | 03-81 | Apparel........................................| 126.9 | 127.2 | 127.2 | 04-4 | Other leather and related products.............| 156.9 | 157.0 | 156.7 | 05-3 | Gas fuels......................................| 297.8 | 243.5 | 266.9 | 05-4 | Electric power.................................| 172.6 | 173.9 | 168.9 | 05-7 | Refined petroleum products.....................| 221.3 | 220.6 | 220.1 | 06-3 | Drugs and pharmaceuticals......................| 321.7 | 326.3 | 326.6 | 06-5 | Agricultural chemicals and products............| 183.1 | 189.9 | 186.9 | 06-7 | Other chemicals and allied products............| 161.4 | 162.1 | 162.7 | 07-1 | Rubber and rubber products.....................| 140.4 | 141.3 | 141.4 | 07-11 | Rubber, except natural rubber..................| 168.9 | 171.1 | 169.1 | 07-13 | Miscellaneous rubber products..................| 154.7 | 155.3 | 155.3 | 07-2 | Plastic products...............................| 164.9 | 166.0 | 166.9 | 08-1 | Lumber.........................................| 177.2 | 175.6 | 171.1 | 09-1 | Pulp, paper, and products, excluding building | | | | | paper and board..............................| 184.8 | 187.8 | 190.5 | 09-15 | Converted paper and paperboard products........| 187.2 | 187.9 | 190.1 | 10-1 | Iron and steel.................................| 205.3 | 198.6 | 196.9 | 10-2 | Nonferrous metals..............................| 247.8 | 244.1 | 248.8 | 10-25 | Nonferrous mill shapes.........................| 227.4 | 218.4 | 217.2 | 11-3 | Metalworking machinery and equipment...........| 164.2 | 164.6 | 164.7 | 11-4 | General purpose machinery and equipment........| 183.7 | 185.5 | 185.4 | 11-6 | Special industry machinery.....................| 182.3 | 183.2 | 183.5 | 11-7 | Electrical machinery and equipment.............| 114.0 | 113.3 | 113.3 | 11-9 | Miscellaneous machinery and equipment..........| 154.6 | 155.2 | 155.2 | 12-6 | Other household durable goods..................| 169.1 | 170.8 | 170.0 | 13-2 | Concrete ingredients...........................| 219.0 | 222.3 | 221.5 | 14-1 | Motor vehicles and equipment...................| 131.6 | 130.3 | 133.5 | 15-1 | Toys, sporting goods, small arms, etc..........| 140.4 | 141.7 | 141.3 | 15-4 | Photographic equipment and supplies............| 108.9 | 109.8 | 108.6 | 15-9 | Other miscellaneous products...................| 155.0 | 156.2 | 156.7 | __________________________________________________________|___________|___________|___________| 1/ 2/ Data for June 2007 have been revised to reflect the availability of late reports and corrections by respondents. All data are subject to revision 4 months after original publication. Prices of some items in this grouping are lagged 1 month. Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally adjusted __________________________________________________________________________________________________________________ | | | Index | Percent change Industry | Industry 1/ |Index|_______________________|to_Oct._2007_from: code | |base | | | | | | | |June |Sep. |Oct. | Oct. | Sep. | | |2007 2/|2007 2/|2007 2/| 2006 | 2007 __________________|______________________________________________|_____|_______|_______|_______|________|_________ | | | |Total mining, utilities, and manufacturing | | | industries.................................. |12/06| 104.5 104.7 104.8 (3) 0.1 | | | |Total mining industries...................... |12/84| 222.6 212.9 225.4 28.0 5.9 211 | Oil and gas extraction...................... |12/85| 270.9 254.5 273.8 42.8 7.6 212 | Mining (except oil & gas)................... |12/03| 159.3 161.2 163.4 8.4 1.4 213 | Mining support activities................... |12/03| 171.2 168.9 171.2 -1.6 1.4 | | | 221 | Utilities................................... |12/03| 129.9 130.8 128.2 10.2 -2.0 | | | |Total manufacturing industries............... |12/84| 163.7 163.9 164.4 5.5 .3 311 | Food mfg.................................... |12/84| 160.3 161.1 160.7 8.9 -.2 312 | Beverage & tobacco mfg...................... |12/03| 109.3 110.2 111.2 5.0 .9 313 | Textile mills............................... |12/03| 107.8 108.9 108.9 1.7 0 314 | Textile product mills....................... |12/03| 109.5 109.7 110.0 .7 .3 315 | Apparel manufacturing....................... |12/03| 101.4 101.7 101.7 .8 0 316 | Leather and allied product manufacturing.... |12/84| 149.4 149.9 150.2 2.0 .2 321 | Wood product manufacturing.................. |12/03| 107.5 107.3 106.3 .4 -.9 322 | Paper manufacturing......................... |12/03| 115.2 116.0 117.4 2.7 1.2 323 | Printing and related support activities..... |12/03| 106.5 107.2 107.3 .9 .1 324 | Petroleum and coal products manufacturing... |12/84| 268.2 267.8 267.4 25.5 -.1 325 | Chemical mfg................................ |12/84| 202.8 205.3 205.9 4.4 .3 326 | Plastics and rubber products mfg............ |12/84| 149.9 151.1 151.6 .3 .3 327 | Nonmetallic mineral product manufacturing... |12/84| 167.1 166.9 166.2 1.0 -.4 331 | Primary metal mfg........................... |12/84| 196.4 188.0 187.3 -1.0 -.4 332 | Fabricated metal product mfg................ |12/84| 162.2 162.6 162.5 2.7 -.1 333 | Machinery manufacturing..................... |12/03| 112.0 112.5 112.6 2.5 .1 334 | Computer & electronic product mfg........... |12/03| 94.6 93.5 93.2 -3.3 -.3 335 | Electrical equipment and appliance mfg..... |12/03| 122.1 124.0 124.4 3.9 .3 336 | Transportation equipment manufacturing...... |12/03| 104.4 103.9 106.0 2.7 2.0 337 | Furniture & related product mfg............. |12/84| 165.9 165.9 166.2 1.7 .2 339 | Miscellaneous mfg........................... |12/03| 107.0 107.2 107.4 2.5 .2 | | | |Total trade industries....................... |12/06| 104.4 103.6 105.0 (3) 1.4 | | | |Total wholesale trade industries............. |12/06| 101.3 102.5 103.9 (3) 1.4 423 | Merchant wholesalers, durable goods......... |06/04| 109.1 110.7 110.4 1.3 -.3 424 | Merchant wholesalers, nondurable goods...... |06/05| 110.1 110.9 114.9 7.5 3.6 425 | Wholesale trade agents and brokers.......... |06/05| 106.6 107.6 107.6 4.9 0 | | | |Total retail trade industries................ |12/06| 106.6 104.5 105.7 (3) 1.1 441 | Motor vehicle and parts dealers............. |12/03| 116.2 115.6 115.3 1.8 -.3 442 | Furniture and home furnishings stores....... |12/03| 116.2 118.8 118.6 .2 -.2 443 | Electronics and appliance stores............ |12/03| 112.4 108.8 106.5 10.1 -2.1 444 | Bldg material and garden equip and supp | | | dealers.................................... |12/03| 122.7 119.9 119.4 -.6 -.4 445 | Food and beverage stores.................... |12/99| 139.6 138.3 140.5 3.2 1.6 446 | Health and personal care stores............. |12/03| 123.1 124.1 123.6 3.2 -.4 447 | Gasoline stations........................... |06/01| 86.5 71.6 80.0 44.4 11.7 448 | Clothing and clothing accessories stores.... |12/03| 107.8 109.4 108.3 1.0 -1.0 451 | Sporting goods, hobby, book and music stores |12/03| 106.0 105.6 105.9 6.6 .3 452 | General merchandise stores.................. |12/03| 113.5 109.5 111.9 8.0 2.2 454 | Nonstore retailers.......................... |12/03| 127.7 128.3 130.6 7.6 1.8 | | | |Transportation and warehousing industries.... |12/06| 104.7 104.6 105.6 (3) 1.0 | | | |Transportation industries.................... |12/06| 103.7 103.5 104.8 (3) 1.3 481 | Air transportation.......................... |12/92| 185.9 180.9 187.9 6.2 3.9 482 | Rail transportation......................... |12/96| 141.0 141.7 143.4 2.9 1.2 483 | Water transportation........................ |12/03| 111.7 117.1 115.6 2.8 -1.3 484 | Truck transportation........................ |12/03| 115.5 115.8 116.1 2.0 .3 486110 | Pipeline transportation of crude oil........ |06/86| 137.6 141.4 141.4 3.2 0 486910 | Refined petroleum product pipeline | | | transport.................................. |06/86| 129.9 133.8 134.2 6.8 .3 488 | Transportation support activities........... |12/03| 108.9 108.9 108.6 2.0 -.3 | | | |Delivery and warehouse industries............ |12/06| 107.5 107.7 107.6 (3) -.1 491 | Postal service.............................. |06/89| 175.4 175.5 175.5 6.6 0 492 | Couriers and messengers..................... |12/03| 132.0 132.6 132.4 7.3 -.2 493 | Warehousing and storage..................... |12/06| 101.8 101.9 101.8 (3) -.1 __________________________________________________________________________________________________________________ See footnotes at end of table. Table 4. Producer price indexes for the net output of selected industries and industry groups, not seasonally adjusted -- Continued __________________________________________________________________________________________________________________ | | | Index | Percent change Industry | Industry 1/ |Index|_______________________|to_Oct._2007_from: code | |base | | | | | | | |June |Sep. |Oct. | Oct. | Sep. | | |2007 2/|2007 2/|2007 2/| 2006 | 2007 __________________|______________________________________________|_____|_______|_______|_______|________|_________ | | | | | | |Total traditional service industries......... |12/06| 101.4 101.8 101.8 (3) 0.0 | | | |Information.................................. |12/06| 101.0 101.4 101.5 (3) .1 511 | Publishing industries, except Internet...... |12/03| 108.1 108.5 108.5 1.5 0 515 | Broadcasting, except Internet............... |12/03| 101.8 99.4 101.1 -5.3 1.7 517 | Telecommunications.......................... |12/03| 101.0 102.0 102.0 2.7 0 5181 | ISPs and Web search portals................. |06/04| 72.9 72.9 71.9 -3.2 -1.4 5182 | Data processing and related services........ |12/03| 100.3 100.4 100.5 .4 .1 | | | |Selected health care industries.............. |12/06| 101.9 102.2 103.3 (3) 1.1 6211 | Offices of physicians....................... |12/96| 122.1 122.2 123.0 4.6 .7 6215 | Medical and diagnostic laboratories......... |12/03| 107.2 108.3 107.6 3.0 -.6 6216 | Home health care services................... |12/96| 123.6 123.9 124.5 1.8 .5 621991 | Blood and organ banks....................... |06/06| 103.0 104.0 104.2 3.3 .2 622 | Hospitals................................... |12/92| 157.6 158.1 160.4 3.0 1.5 6231 | Nursing care facilities..................... |12/03| 113.9 114.5 115.1 3.9 .5 62321 | Residential mental retardation facilities... |12/03| 112.5 113.0 113.5 3.8 .4 | | | |Other selected traditional service | | | industries.................................. |12/06| 101.3 101.8 101.3 (3) -.5 5221 | Depository credit intermediation............ |12/03| 114.4 114.7 111.3 -1.8 -3.0 523 | Security, commodity contracts and like | | | activity................................... |12/03| 118.6 121.0 121.0 4.5 0 524 | Insurance carriers and related activities... |12/03| 107.5 107.7 107.7 .8 0 53112 | Lessors of nonres bldg (exc miniwarehouse).. |12/03| 106.8 106.8 107.4 -1.4 .6 53113 | Lessors of miniwarehouse and self storage | | | units...................................... |12/03| 112.6 112.2 111.6 2.0 -.5 5312 | Offices of real estate agents and brokers... |12/03| 110.8 110.7 111.4 .6 .6 5321 | Automotive equipment rental and leasing..... |06/01| 114.4 116.1 119.8 2.0 3.2 532412 | Other heavy machinery rental and leasing.... |12/03| 117.9 118.0 118.3 2.2 .3 5411 | Legal services.............................. |12/96| 153.4 153.9 154.3 5.5 .3 5413 | Architectural, engineering and related | | | services................................... |12/96| 140.1 140.6 140.7 3.4 0.1 5416 | Management and technical consulting services |06/06| 102.4 104.3 103.0 2.4 -1.2 54181 | Advertising agencies........................ |12/03| 105.1 105.1 105.1 .4 0 5613 | Employment services......................... |12/96| 121.6 122.1 122.4 1.9 .2 56151 | Travel agencies............................. |12/03| 101.4 101.2 101.3 -1.2 .1 56172 | Janitorial services......................... |12/03| 105.4 105.8 106.0 1.3 .2 5621 | Waste collection............................ |12/03| 107.2 109.3 108.7 3.8 -.5 61142 | Computer training........................... |06/06| 101.5 104.7 104.4 3.7 -.3 71311 | Amusement and theme parks................... |06/06| 104.0 106.0 107.5 5.5 1.4 71391 | Golf courses and country clubs.............. |12/05| 104.8 104.6 104.2 2.3 -.4 71394 | Fitness and recreational sports centers..... |12/04| 99.2 100.3 101.3 3.1 1.0 721 | Accommodation............................... |12/96| 143.1 144.5 143.1 3.2 -1.0 8113 | Commercial machinery repair and maintenance. |06/06| 102.0 102.1 102.3 2.2 .2 __________________________________________________________________________________________________________________ 1/ Indexes in this table are derived from the net-output-weighted industry price indexes. Because of differences in coverage and aggregation methodology, they will generally not match the movements of similarly titled indexes which are derived from traditional commodity groupings. 2/ The indexes for June 2007 have been recalculated to incorporate late reports and corrections by respondents. All indexes are subject to revision 4 months after original publication. 3/ Not available. Note: NAICS replaced the SIC system beginning with the release of PPI data for January 2004. Table 5. Producer price indexes by stage of processing, seasonally adjusted (1982=100) _____________________________________________________________________________________________________________ | | Index 1/ |_____________________________________________________ Grouping | | | | | | | May | June | July | Aug. | Sep. | Oct. | 2007 | 2007 | 2007 | 2007 | 2007 | 2007 _______________________________________________________|________|________|________|________|________|________ | Finished goods...................................| 166.7 166.8 167.6 165.3 167.2 167.3 Finished consumer goods........................| 173.8 173.7 174.7 171.6 174.2 174.4 Finished consumer foods......................| 166.7 166.1 165.8 165.4 167.8 169.4 Crude......................................| 163.7 149.1 152.9 145.0 160.1 179.2 Processed..................................| 167.1 167.9 167.2 167.5 168.7 168.5 Finished consumer goods, excluding foods.....| 176.2 176.4 177.8 173.6 176.4 175.9 Nondurable goods less foods................| 192.9 192.8 194.7 188.7 192.9 192.4 Durable goods..............................| 137.7 138.3 138.9 138.9 138.4 138.1 Capital equipment..............................| 149.2 149.4 149.8 149.9 149.8 149.7 Manufacturing industries.....................| 152.4 152.4 152.9 152.8 153.0 153.0 Nonmanufacturing industries..................| 147.9 148.3 148.6 148.8 148.6 148.4 | Intermediate materials, supplies, and components.| 170.8 171.4 172.6 170.5 171.2 171.4 Materials and components for manufacturing.....| 162.7 163.6 164.5 163.3 163.4 163.9 Materials for food manufacturing.............| 160.4 162.5 163.4 164.1 166.9 166.9 Materials for nondurable manufacturing.......| 182.8 184.9 187.6 185.5 186.4 188.4 Materials for durable manufacturing..........| 194.9 194.7 194.2 191.2 188.8 188.0 Components for manufacturing.................| 136.0 136.2 136.3 136.4 136.6 136.6 Materials and components for construction......| 192.5 192.9 193.6 193.5 193.2 193.3 Processed fuels and lubricants.................| 175.1 175.0 178.2 170.8 173.4 172.5 Manufacturing industries.....................| 174.4 174.0 175.1 170.0 173.8 172.9 Nonmanufacturing industries..................| 176.0 176.0 180.0 171.7 173.9 172.9 Containers.....................................| 179.5 179.7 180.2 180.8 180.8 182.3 Supplies.......................................| 160.7 161.4 161.7 161.9 162.2 162.8 Manufacturing industries.....................| 162.1 162.6 162.8 163.3 163.5 163.8 Nonmanufacturing industries..................| 159.1 159.7 160.1 160.2 160.5 161.2 Feeds......................................| 131.4 135.2 138.0 137.9 138.5 143.9 Other supplies.............................| 162.8 163.1 163.3 163.4 163.7 164.1 | Crude materials for further processing...........| 207.1 209.4 210.9 204.5 204.8 209.7 Foodstuffs and feedstuffs......................| 146.7 147.4 150.2 147.9 151.4 148.7 Nonfood materials..............................| 246.4 250.0 250.1 240.7 238.2 249.2 Nonfood materials except fuel 2/.............| 224.3 228.2 240.4 243.7 254.4 261.1 Manufacturing 2/...........................| 208.0 211.7 223.1 226.2 236.3 242.7 Construction...............................| 205.5 203.3 204.3 201.5 200.9 198.5 Crude fuel 3/................................| 257.6 260.3 243.3 216.8 195.7 212.1 Manufacturing industries...................| 244.1 246.7 231.0 206.4 187.0 202.1 Nonmanufacturing industries................| 263.6 266.3 248.9 221.6 200.1 216.8 | Special groupings | | Finished goods, excluding foods..................| 166.5 166.6 167.8 164.9 166.8 166.4 Intermediate materials less foods and feeds......| 171.8 172.3 173.4 171.3 171.9 172.0 Intermediate foods and feeds.....................| 151.4 154.2 155.4 155.9 158.1 159.7 Crude materials less agricultural products 2/....| 253.3 257.0 257.1 247.4 244.5 256.0 | Finished energy goods............................| 158.6 158.3 161.6 150.9 157.1 155.8 Finished goods less energy.......................| 162.4 162.5 162.6 162.7 163.4 163.9 Finished consumer goods less energy..............| 168.3 168.3 168.3 168.4 169.4 170.1 | Finished goods less foods and energy.............| 161.3 161.6 161.9 162.2 162.3 162.3 Finished consumer goods less foods and energy....| 169.5 169.9 170.1 170.5 170.8 170.9 Consumer nondurable goods less foods and energy..| 196.4 196.7 196.4 197.2 198.2 198.8 | Intermediate energy goods........................| 175.7 176.2 179.4 172.7 174.6 174.4 Intermediate materials less energy...............| 167.5 168.1 168.7 168.0 168.3 168.6 Intermediate materials less foods and energy.....| 168.6 169.0 169.6 168.8 169.0 169.2 | Crude energy materials 2/........................| 232.7 238.0 237.9 224.6 220.1 233.0 Crude materials less energy......................| 182.6 183.2 185.4 184.4 188.2 187.0 Crude nonfood materials less energy 3/...........| 282.9 283.0 283.1 286.9 291.4 295.6 _____________________________________________________________________________________________________________ 1/ 2/ 3/ All seasonally adjusted indexes are subject to change up to 5 years after original publication due to the recalculation of seasonal factors each January. The indexes for June 2007 have been recalculated to incorporate late reports and corrections by respondents. Includes crude petroleum. Excludes crude petroleum.
@FedFRASER