Export prices in January 2008
February 20, 2008
U.S. export prices advanced 1.2 percent in January following a 0.4-percent rise in December.
The 1.2-percent increase in export prices was the largest one-month gain in the index since a 1.2-percent increase in January 1989. Higher prices for both agricultural exports and nonagricultural exports contributed to the advance.
Agricultural prices rose 5.0 percent in January after a 2.8-percent increase in December. Higher prices for corn and soybeans drove the increase in agricultural prices. Over the past 12 months, the price index for agricultural exports rose 28.9 percent.
Nonagricultural prices also increased in January, rising 0.8 percent following a 0.3-percent advance in December. The index rose 4.8 percent over the past year.
These data are from the BLS International Price program. Export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes -- January 2008" (PDF) (HTML), news release USDL 08-0205.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Export prices in January 2008 on the Internet at http://www.bls.gov/opub/ted/2008/feb/wk3/art02.htm (visited March 31, 2015).
Three recent editions of Spotlight on Statistics
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.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.