Clothing prices fall again in 2002
April 25, 2003
For the fifth consecutive year, apparel prices declined in 2002, down 1.8 percent, after decreasing 3.2 percent in 2001. The declines occurred among all major apparel categories except for footwear.
Volumes of apparel sales and consumer confidence have declined during the past 3 years. Demand for apparel was especially low at department stores and specialty clothing stores. Discount clothing stores continued to show better sales results than full-price clothing stores.
These data are produced by the BLS Consumer Price Index program. For additional information on consumer price changes in 2002, see "Consumer prices up slightly more in 2002, led by energy and hospital services," by Todd Wilson, Monthly Labor Review, March 2003. Annual percent changes are December-to-December changes.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Clothing prices fall again in 2002 on the Internet at http://www.bls.gov/opub/ted/2003/apr/wk3/art05.htm (visited August 27, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.