Beyond the Numbers

GLOBAL ECONOMY   •  Nov 2014  •  Volume 3 / Number 27

Analyzing alternatives to export price indexes

Analyzing alternatives to export price indexes

The International Price Program (IPP) at the U.S. Bureau of Labor Statistics (BLS) has produced a full set of export price indexes for merchandise goods since September 1983. Along with the import price indexes, which began a year earlier, the Office of Management and Budget designated the indexes as Principal Federal Economic Indicators. The export price indexes have a myriad of uses, but primary among them is to deflate the various trade statistics for the United States.

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