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 June 25, 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.