Producer prices fell in November 2008
December 15, 2008
The Producer Price Index for Finished Goods fell 2.2 percent in November, seasonally adjusted. The index for energy goods fell 11.2 percent in November following a 12.8-percent drop in the preceding month.
Prices for consumer foods were unchanged after declining 0.2 percent in October.
Prices for goods other than foods and energy advanced 0.1 percent in November compared with a 0.4-percent rise a month earlier.
From November 2007 to November 2008, prices for finished goods rose 0.4 percent, as shown in the chart.
These data are from the BLS Producer Price Index program. To learn more, see "Producer Price Indexes — November 2008," (PDF) (HTML) news release USDL 08-1805. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer prices fell in November 2008 on the Internet at http://www.bls.gov/opub/ted/2008/dec/wk3/art01.htm (visited May 06, 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.