An official website of the United States government
The item Women’s Bras is part of the index for Women’s Apparel. It is nested inside the Entry Level Item (ELI) and Item Stratum for Women’s Undergarments, Nightwear, Shapewear, and Swimwear. Here, we examine the hedonic regression model used in the quality adjustment of price data for women’s bras.
The sample used for this hedonic model included 943 observations from an extract of CPI data from August and September 2023 as well as webscraped data from a large national retailer. The CPI data was collected using a larger than usual amount of web-based information due to restrictions on data collection during the COVID-19 pandemic. Basic bras make up about 77 percent of the sample, and national brands comprise 63 percent.
Table 1 presents the details of the estimation of the current model used to quality adjust women’s bras.
Variable Name | DF | Parameter Estimate | Standard Error | T Statistic | Pr > |t| | Tolerance Statistic |
---|---|---|---|---|---|---|
Intercept |
1 | 3.91796 | 0.01993 | 196.59 | <.0001 | |
Type: Basic, longline, sports bras |
Base | |||||
Type: Nursing bras |
1 | -0.15164 | 0.07489 | -2.02 | 0.0432 | 0.92759 |
Brand: Boutique |
1 | 0.57323 | 0.04309 | 13.3 | <.0001 | 0.68912 |
Brand: High/premium national |
1 | 0.29465 | 0.02554 | 11.54 | <.0001 | 0.85792 |
Brand: National |
Base | |||||
Brand: Private |
1 | -0.09167 | 0.03656 | -2.51 | 0.0123 | 0.73734 |
Brand: Miscellaneous |
1 | -0.53681 | 0.16823 | -3.19 | 0.0015 | 0.96682 |
Closure: Opens partly or completely with front or back fastener |
Base | |||||
Closure: Pullover with no fastener |
1 | -0.13874 | 0.02258 | -6.15 | <.0001 | 0.9705 |
Fiber: Spandex |
1 | 0.00363 | 0.000963 | 3.76 | 0.0002 | 0.89707 |
Fiber: Nylon, polyester, rayon |
Base | |||||
Fiber: Cotton |
1 | -0.00228 | 0.00044 | -5.2 | <.0001 | 0.93626 |
Note: This model contains control variables for type of business and country of origin, but they are not used in adjustments. |
This is the second-ever CPI quality adjustment model for women’s bras, but the first to be used in practice. It was made possible by the use of webscraped data to supplement the CPI sample. This means that fewer women’s bras substitutions will be deemed non-comparable and imputed so long as a model is in use.
This is the second hedonic model created for CPI-Apparel that utilizes alternative data.
The most important specifications in evaluating substitutions for women’s bras are type, brand type, and fiber content. All of these were included in the model.
Multipacks are rare for women’s bras and were not included in the quality adjustment model.
Other characteristics like underwire and lining were found to not be statistically significant.
Access data for Women's Apparel in our online database.
Additional information may be obtained from the Consumer Price Index Information Office by email or calling 202-691-7000. Information on the CPI's overall methodology can be found in the BLS Handbook of Methods.
Last Modified Date: February 23, 2024