Import prices down again in November
December 13, 2001
The U.S. Import Price Index decreased 1.6 percent in November. The decline followed a 2.4-percent decrease in October and reflected continuing drops in both petroleum and nonpetroleum prices.
The sharp declines for overall imports in the past two months were led by falling prices for petroleum and petroleum products. This index fell 10.8 percent in November, after falling 15.9 percent in October. The index for nonpetroleum import prices also fell in October and November, down 0.6 percent in each month.
The decline for imported goods for the 12 months ended in November was 8.9 percent. Over the past 12 months, petroleum prices fell 40.8 percent. The nonpetroleum index has decreased in 10 consecutive months and was down 3.6 percent for the year.
These data are a product of the BLS International Price program. Learn more in "U.S. Import and Export Price Indexes - November 2001," news release USDL 01-465. Note: import price data are subject to revision in each of the three months after original publication.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import prices down again in November on the Internet at http://www.bls.gov/opub/ted/2001/dec/wk2/art04.htm (visited June 28, 2016).
Recent editions of Spotlight on Statistics
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.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.