Price of fun falls
July 07, 2000
In recent years, fun has become cheaper as the prices paid by consumers for toys and sporting goods have dropped.
Sporting goods prices have fallen for five years in a row, from 1995 to 1999. The latest drop was the largest of the five at 3.0 percent. Prices for sporting goods were 4.5 percent lower in 1999 than five years earlier.
Toy prices have declined for three years in a row—by 1.6 percent in 1997, 6.1 percent in 1998, and 8.0 percent in 1999. Toy prices in 1999 were 15 percent below their level of three years earlier.
These data are produced by the BLS Consumer Price Index program. More information on consumer price changes can be found in "Core consumer prices in 1999: low by historical standards," by Todd Wilson, Monthly Labor Review, April 2000. Annual percent changes are December-to-December changes.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Price of fun falls on the Internet at http://www.bls.gov/opub/ted/2000/jul/wk1/art04.htm (visited July 29, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.