Recent Consumer Price Indexes
The Consumer Price Index is updated monthly to reflect changes in prices paid by urban consumers for goods, which is also generally regarded as the rate of inflation which rose .3% in October, 2007. At the Consumer Price Index web site www.bls.gov you can get a host of information about changes in the economy both nationally, regionally, as well as major cities and states. For overviews of the United States economy at a glance visit http://www.bls.gov/eag/eag.us.htm On the web site you can also gain accessibility to some of the most widely utilized statistics are employment, productivity, price indexes, and compensation http://data.bls.gov/cgi-bin/surveymost?bls both nationally and by state.
This information can be used to help business’s in their business planning, location assistance as one would be able to discover the unemployment rate in an specific area or nationally which is at present 4.7%. Salaries and changes are available both by occupation and by region. There is also and Inflation Calculator where you can key what an item cost in 1980 and then to determine what you would need to have in 2007 dollars to have the same buying power. Price changes include breakouts between soft and durable goods and other segments as well.
This web site is one you will want to refer to often to get up to date information about the U.S. economy as well as specific indexes for the areas near you as you make decisions about where to live, work, play, and even locate your business.
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