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Transmission of material in this release is embargoed until USDL-24-2141 8:30 a.m. (ET) Wednesday, October 16, 2024 Technical information: (202) 691-7101 * MXPinfo@bls.gov * www.bls.gov/mxp Media contact: (202) 691-5902 * PressOffice@bls.gov U.S. IMPORT AND EXPORT PRICE INDEXES - SEPTEMBER 2024 Prices for U.S. imports declined 0.4 percent in September following a 0.2-percent decrease the previous month, the U.S. Bureau of Labor Statistics reported today. Lower fuel prices in September more than offset higher nonfuel prices. U.S. export prices fell 0.7 percent in September, after declining 0.9 percent in August. Imports The price index for U.S. imports decreased 0.4 percent in September, the largest 1-month drop since a 0.7- percent decline in December 2023. The September decrease followed a 0.2-percent decline in August and 0.1-percent advances in July and June. U.S. import prices edged down 0.1 percent over the past year, the first 12-month drop since February 2024. (See table 1.) Fuel Imports: Prices for import fuel fell 7.0 percent in September, after declining 2.9 percent in August. The September decline was the largest monthly decrease since an 8.0-percent drop in December 2023. Lower prices in September for petroleum and natural gas contributed to the overall decrease. Import fuel prices declined 17.3 percent over the past year, the largest 12-month drop since August 2023. Import petroleum prices decreased 7.1 percent in September, the largest 1-month decline since December 2023. The price index for import petroleum fell 16.7 percent for the year ended in September, the largest 12- month drop since July 2023. Prices for import natural gas decreased 14.5 percent in September, the largest monthly decline since a 29.7-percent drop in March 2024. Import natural gas prices fell 57.4 percent over the past 12 months, the largest over-the-year drop since January 2024. All Imports Excluding Fuel: Nonfuel import prices ticked up 0.1 percent for the third consecutive month in September. Higher prices in September for nonfuel industrial supplies and materials, consumer goods, and automotive vehicles more than offset lower foods, feeds, and beverages prices. Prices for nonfuel imports have not recorded a monthly decline since May 2024. The price index for nonfuel imports rose 1.8 percent over the past 12 months, the largest over-the-year advance since December 2022. Foods, Feeds, and Beverages: Prices for import foods, feeds, and beverages decreased 1.5 percent in September, the first 1-month decline since May 2024. In September, a 12.2-percent drop in vegetables prices drove the decrease in foods, feeds, and beverages prices. Nonfuel Industrial Supplies and Materials: The price index for nonfuel industrial supplies and materials rose 1.1 percent in September, the largest monthly advance since a 2.8-percent increase in April 2024. The September rise was led by higher prices for metals and chemicals. Finished Goods: Prices for the major finished goods import categories were mostly up in September. Consumer goods prices rose 0.2 percent, after edging down 0.1 percent in August and July. Higher prices for coins, gems, jewelry, and collectibles led the September advance. Prices for automotive vehicles increased 0.2 percent for the second consecutive month in September. Higher prices for non-engine parts and accessories in September drove the advance. The price index for capital goods was unchanged in September following a 0.2-percent increase in August. Table A. Percent change in Import and Export Price Indexes, selected categories
Month | IMPORTS | EXPORTS | ||||
---|---|---|---|---|---|---|
All imports |
Fuel imports |
Nonfuel imports |
All exports |
Agri- cultural exports |
Non- agricultural exports |
|
2023 |
||||||
September |
0.5 | 6.4 | -0.2 | 0.5 | -1.1 | 0.7 |
October |
-0.6 | -3.9 | -0.2 | -0.9 | -1.0 | -0.9 |
November |
-0.5 | -6.3 | 0.1 | -0.7 | 0.0 | -0.8 |
December |
-0.7 | -8.0 | 0.1 | -0.7 | -0.3 | -0.7 |
2024 |
||||||
January |
0.7 | 1.7 | 0.6 | 0.7 | -1.4 | 0.9 |
February |
0.2 | 1.1 | 0.1 | 0.7 | 0.8 | 0.7 |
March |
0.6 | 5.0 | 0.2 | 0.1 | -1.0 | 0.3 |
April |
0.9 | 3.9 | 0.6 | 0.7 | -0.4 | 0.8 |
May |
-0.1 | 0.2 | -0.2 | -0.7 | 0.3 | -0.8 |
June |
0.1 | -1.7 | 0.2 | -0.3 | 1.1 | (r)-0.4 |
July |
0.1 | (r)0.0 | 0.1 | 0.5 | -2.0 | 0.8 |
August |
(r)-0.2 | (r)-2.9 | (r)0.1 | (r)-0.9 | (r)-2.1 | (r)-0.7 |
September |
-0.4 | -7.0 | 0.1 | -0.7 | 0.6 | -0.9 |
Sep. 2022 to 2023 |
-1.5 | -7.1 | -0.8 | -4.3 | -7.7 | -4.1 |
Sep. 2023 to 2024 |
-0.1 | -17.3 | 1.8 | -2.1 | -5.3 | -1.8 |
Footnotes |
Exports Prices for U.S. exports fell 0.7 percent in September following a decline of 0.9 percent the previous month. U.S. export prices decreased 1.1 percent for the third quarter of 2024, the largest 3-month drop since December 2023. Lower prices for nonagricultural exports in September more than offset higher agricultural export prices. The price index for U.S. exports declined 2.1 percent over the past year, the largest 12-month decrease since January 2024. (See table 2.) Agricultural Exports: Agricultural export prices advanced 0.6 percent in September, after declining 2.1 percent in August. Higher prices for nuts, other food preparations, meat, wheat, and corn in September more than offset lower soybeans prices. In spite of the September rise, prices for agricultural exports declined 5.3 percent from September 2023 to September 2024. All Exports Excluding Agriculture: The price index for nonagricultural exports decreased 0.9 percent in September, the largest monthly drop since the index fell 0.9 percent in October 2023. Lower prices for nonagricultural industrial supplies and materials and automotive vehicles in September more than offset higher prices for capital goods, consumer goods, and nonagricultural foods. Prices for nonagricultural exports declined 1.8 percent over the past year, the largest 12-month decrease since December 2023. Nonagricultural Industrial Supplies and Materials: Prices for nonagricultural industrial supplies and materials fell 2.4 percent in September, the largest 1-month decline since the index decreased 5.0 percent in May 2023. A 6.7-percent drop in export fuel prices in September led the overall decline in nonagricultural industrial supplies and materials prices. Finished Goods: Prices for the major finished goods export categories were mixed in September. Capital goods prices rose 0.2 percent following a 0.2-percent decline in August. Higher prices for telecommunications equipment led the increase in September. Consumer goods prices advanced 0.3 percent in September, the largest 1-month increase since March 2024. Higher jewelry prices drove the September rise in consumer goods prices. In contrast, prices for automotive vehicles edged down 0.1 percent, the first 1-month decline since April 2023. More information for the major import and export price indexes can be found at www.bls.gov/web/ximpim/largest.htm. Measures of Import and Export Prices by Locality Imports by Locality of Origin: Import prices from China were unchanged in September following a revised 0.1-percent advance in August. The August increase was the first monthly advance since the index last rose on a monthly basis in October 2022. Prices for imports from China declined 1.0 percent for the year ended in September. In contrast, the price index for imports from Japan advanced 0.2 percent in September, after being unchanged the previous month. Import prices from Japan edged down 0.1 percent over the past 12 months. Prices for imports from Canada fell 1.6 percent in September, following a 1.7- percent drop in August. The price index for imports from Canada declined 6.3 percent over the past year. Import prices from Mexico fell 1.1 percent in September and prices for imports from the European Union edged down 0.1 percent over the same period. (See table 7.) Exports by Locality of Destination: Prices for exports to China decreased 0.4 percent in September, after declining 1.8 percent in August. Export prices to China fell 4.7 percent for the year ended in September, the largest 12-month decrease since February 2024. The price index for exports to Japan fell 0.2 percent in September, after decreasing 1.3 percent the previous month. Despite the recent declines, prices for exports to Japan increased 0.5 percent from September 2023 to September 2024. Export prices to Canada declined 0.5 percent in September, the largest monthly drop since the index fell 0.5 percent in November 2023. The price index for exports to Mexico decreased 1.3 percent in September, the largest 1-month drop in the index since December 2023. Prices for exports to the European Union fell 1.6 percent for the second consecutive month in September. (See table 8.) Terms of Trade Indexes: Terms of trade indexes are based on country, region, or grouping and measure the change in the purchasing power of exports relative to imports. U.S. terms of trade with China decreased 0.4 percent in September, after declining 1.9 percent the previous month. The index for U.S. terms of trade with China fell 3.7 percent over the past 12 months, the largest over-the-year drop since August 2023. U.S. terms of trade with Japan fell 0.4 percent in September following a 1.3-percent decline in August. Despite the recent decreases, U.S. terms of trade with Japan advanced 0.7 percent over the past year. In contrast, U.S. terms of trade with Canada rose 1.1 percent in September, after rising 1.3 percent the previous month. U.S. terms of trade with Mexico and the European Union decreased 0.2 percent and 1.7 percent, respectively, in September. (See table 9.) Import and Export Services Imports: The index for import air passenger fares rose 13.9 percent in September, the largest 1-month advance since the index increased 18.3 percent in June 2008. The September rise followed declines of 12.4 percent in August and 11.3 percent in July. The advance in September was primarily driven by higher European fares. Import air passenger fares increased 0.7 percent for the year ended in September, the first 12-month advance since April 2024. Import air freight prices rose 4.8 percent in September, after advancing 2.3 percent the previous month. Prices for import air freight advanced 21.0 percent over the past 12 months, the largest over-the-year rise since a 27.0-percent increase for the year ended January 2022. (See table 10.) Exports: Export air passenger fares declined 1.4 percent in September following an 8.1-percent drop in August. Lower Asian and Latin American/Caribbean fares in September more than offset higher European fares. Export air passenger fares fell 0.9 percent from September 2023 to September 2024. The price index for export air freight decreased 0.7 percent in September, after declining 1.8 percent the previous month. Lower Asian air freight prices in September drove the overall drop. Prices for export air freight fell 4.3 percent over the past year. U.S. Import and Export Price Index data for October 2024 are scheduled for release on Friday, November 15, 2024, at 8:30 a.m. (ET).
Description | End Use |
Relative import- ance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | ||||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
|||||
All commodities |
100.000 | 141.4 | 140.8 | -0.1 | 0.1 | 0.1 | -0.2 | -0.4 | |
All imports excluding food and fuels (Dec. 2010=100) |
84.364 | 109.0 | 109.3 | 1.7 | 0.2 | 0.0 | 0.0 | 0.3 | |
All imports excluding petroleum |
92.109 | 124.9 | 125.1 | 1.6 | 0.2 | 0.1 | 0.0 | 0.2 | |
All imports excluding fuels (Dec. 2001=100) |
91.743 | 129.1 | 129.2 | 1.8 | 0.2 | 0.1 | 0.1 | 0.1 | |
Foods, feeds, & beverages |
0 |
7.379 | 225.5 | 222.1 | 3.8 | 1.1 | 1.4 | 0.2 | -1.5 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
6.045 | 255.0 | 249.8 | 4.8 | 1.3 | 1.8 | 0.1 | -2.0 |
Nonagricultural foods (fish, distilled beverages) |
01 |
1.334 | 154.0 | 155.3 | -0.4 | 0.2 | -0.1 | 0.7 | 0.8 |
Industrial supplies & materials |
1 |
23.210 | 245.7 | 241.3 | -4.3 | -0.2 | -0.1 | -1.3 | -1.8 |
Industrial supplies & materials excluding petroleum |
15.331 | 202.0 | 203.9 | 3.3 | 0.7 | -0.2 | -0.4 | 0.9 | |
Industrial supplies & materials excluding fuels (Dec. 2001=100) |
14.941 | 228.3 | 230.7 | 4.4 | 0.6 | -0.2 | -0.4 | 1.1 | |
Industrial supplies & materials, durable |
9.576 | 223.1 | 226.4 | 5.2 | 1.1 | -0.1 | -0.2 | 1.5 | |
Industrial supplies & materials nondurable excluding petroleum |
5.744 | 177.2 | 177.3 | 0.3 | 0.1 | -0.3 | -0.8 | 0.1 | |
Fuels & lubricants |
10 |
8.257 | 283.9 | 264.1 | -17.3 | -1.7 | 0.0 | -2.9 | -7.0 |
Petroleum & petroleum products |
100 |
7.891 | 310.5 | 288.3 | -16.7 | -2.0 | 0.0 | -2.9 | -7.1 |
Crude petroleum |
10000 |
5.328 | 315.3 | 294.5 | -18.3 | -1.3 | 1.3 | -4.8 | -6.6 |
Fuels, n.e.s.-coals & gas |
101 |
0.214 | 103.1 | 97.1 | -39.1 | 7.6 | -0.7 | -2.6 | -5.8 |
Natural gas |
10110 |
0.115 | 67.0 | 57.3 | -57.4 | -3.3 | 2.1 | -7.5 | -14.5 |
Paper & paper base stocks |
11 |
0.549 | 144.1 | 142.2 | 4.4 | 1.1 | 2.1 | -0.3 | -1.3 |
Materials associated with nondurable supplies & materials |
12 |
4.828 | 197.4 | 198.4 | 3.0 | -0.3 | -0.6 | -0.8 | 0.5 |
Unfinished metals related to durable goods |
14 |
3.508 | 327.3 | 331.4 | 6.7 | 1.5 | -0.1 | -2.0 | 1.3 |
Finished metals related to durable goods |
15 |
2.760 | 233.3 | 239.8 | 11.0 | 1.5 | 0.1 | 1.6 | 2.8 |
Capital goods |
2 |
28.502 | 93.8 | 93.8 | 0.4 | 0.1 | 0.0 | 0.2 | 0.0 |
Nonelectrical machinery |
21 |
22.563 | 84.5 | 84.5 | 0.2 | 0.2 | 0.0 | 0.2 | 0.0 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
1.636 | 157.4 | 157.7 | 3.1 | -0.5 | -0.9 | 0.1 | 0.2 |
Automotive vehicles, parts & engines |
3 |
13.648 | 121.7 | 121.9 | 2.7 | 0.1 | 0.5 | 0.2 | 0.2 |
Automotive vehicles, parts and engines, 2 digit (Dec. 2023=100) |
30 |
13.648 | 102.2 | 102.3 | - | 0.2 | 0.4 | 0.2 | 0.1 |
Consumer goods, excluding automotives |
4 |
27.260 | 110.5 | 110.7 | 0.8 | -0.2 | -0.1 | -0.1 | 0.2 |
Nondurables, manufactured |
40 |
13.733 | 128.2 | 128.2 | 2.6 | 0.1 | -0.1 | 0.0 | 0.0 |
Durables, manufactured |
41 |
12.622 | 94.6 | 94.7 | -0.5 | 0.0 | -0.1 | 0.1 | 0.1 |
Nonmanufactured consumer goods |
42 |
0.905 | 115.6 | 117.7 | -4.5 | -5.3 | -0.9 | -2.0 | 1.8 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | End Use |
Relative import- ance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | ||||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
|||||
All commodities |
100.000 | 147.9 | 146.8 | -2.1 | -0.3 | 0.5 | -0.9 | -0.7 | |
Agricultural commodities |
9.179 | 219.9 | 221.3 | -5.3 | 1.1 | -2.0 | -2.1 | 0.6 | |
All exports excluding food and fuels (Dec. 2010=100) |
76.062 | 116.2 | 116.5 | 2.3 | 0.0 | 0.2 | -0.1 | 0.3 | |
All exports excluding fuels (June 2022=100) |
84.536 | 100.3 | 100.6 | 1.8 | 0.1 | 0.0 | -0.2 | 0.3 | |
Nonagricultural commodities |
90.821 | 142.2 | 140.9 | -1.8 | -0.4 | 0.8 | -0.7 | -0.9 | |
Foods, feeds, & beverages |
0 |
8.475 | 223.8 | 225.9 | -3.7 | 1.1 | -1.7 | -2.0 | 0.9 |
Agricultural foods, feeds & beverages, excluding distilled beverages |
00 |
8.087 | 225.4 | 227.5 | -4.0 | 1.2 | -1.8 | -2.1 | 0.9 |
Nonagricultural foods (fish, distilled beverages) |
01 |
0.387 | 191.9 | 194.6 | 3.6 | 0.6 | 1.1 | 0.6 | 1.4 |
Industrial supplies & materials |
1 |
38.007 | 197.2 | 192.5 | -6.3 | -1.0 | 1.7 | -1.6 | -2.4 |
Industrial supplies & materials excluding fuels (Dec. 2020=100) |
22.569 | 119.3 | 120.0 | 5.2 | 0.3 | 0.4 | 0.0 | 0.6 | |
Industrial supplies & materials, durable |
11.419 | 221.9 | 223.9 | 7.4 | 0.6 | -0.1 | 0.2 | 0.9 | |
Industrial supplies & materials, nondurable |
26.589 | 185.4 | 178.4 | -11.4 | -1.6 | 2.4 | -2.3 | -3.8 | |
Agricultural industrial supplies & materials |
10 |
1.065 | 191.8 | 189.1 | -14.3 | 0.3 | -3.7 | -2.4 | -1.4 |
Nonagricultural industrial supplies & materials |
36.942 | 197.4 | 192.7 | -6.0 | -1.0 | 1.8 | -1.6 | -2.4 | |
Fuels & lubricants |
11 |
15.464 | 226.2 | 211.1 | -19.9 | -2.6 | 3.5 | -3.9 | -6.7 |
Nonagricultural supplies & materials excluding fuels & building materials |
12 |
20.709 | 200.4 | 201.8 | 6.5 | 0.3 | 0.7 | 0.1 | 0.7 |
Selected building materials |
13 |
0.769 | 152.3 | 152.2 | 2.8 | 0.0 | 1.0 | 0.6 | -0.1 |
Capital goods |
2 |
31.924 | 123.3 | 123.5 | 1.6 | 0.1 | 0.1 | -0.2 | 0.2 |
Nonelectrical machinery |
21 |
22.679 | 102.6 | 102.8 | 1.1 | 0.1 | -0.1 | -0.4 | 0.2 |
Transportation equipment excluding motor vehicles (Dec. 2001=100) |
22 |
5.682 | 219.9 | 220.1 | 4.0 | 0.1 | 0.2 | 0.1 | 0.1 |
Automotive vehicles, parts & engines |
3 |
8.770 | 129.5 | 129.4 | 2.9 | 0.0 | 0.3 | 0.1 | -0.1 |
Vehicles-passenger (Dec. 2023=100) |
30 |
8.770 | 101.8 | 101.8 | - | 0.0 | 0.3 | 0.0 | 0.0 |
Consumer goods, excluding automotives |
4 |
12.824 | 117.7 | 118.0 | -0.9 | -0.3 | -0.1 | 0.1 | 0.3 |
Nondurables, manufactured |
40 |
6.819 | 107.9 | 108.1 | -2.0 | 0.2 | 0.5 | -0.1 | 0.2 |
Durables, manufactured |
41 |
4.893 | 121.2 | 121.6 | 1.3 | 0.0 | -0.7 | 0.1 | 0.3 |
Nonmanufactured consumer goods (Dec. 2018=100) |
42 |
1.112 | 121.6 | 122.1 | -4.0 | -3.8 | -0.2 | 0.6 | 0.4 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | ||||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
|||||
Nonmanufacturing |
8.119 | 151.8 | 143.1 | -12.9 | -0.6 | 2.2 | -3.1 | -5.7 | |
Agriculture, forestry, fishing and hunting |
11 |
2.279 | 244.3 | 234.6 | 4.0 | 1.0 | 4.2 | 0.4 | -4.0 |
Crop production |
111 |
1.903 | 257.2 | 243.7 | 3.5 | 1.5 | 4.9 | 0.1 | -5.2 |
Animal production (Dec. 2022=100) |
112 |
0.253 | 124.6 | 126.9 | 9.5 | -3.9 | 4.0 | 2.3 | 1.8 |
Mining |
21 |
5.841 | 142.0 | 132.9 | -18.3 | -1.2 | 1.5 | -4.5 | -6.4 |
Oil and gas extraction |
211 |
5.574 | 139.7 | 130.3 | -19.4 | -1.4 | 1.5 | -4.9 | -6.7 |
Mining (except oil and gas) (Dec. 2022=100) |
212 |
0.267 | 121.5 | 121.5 | 8.9 | 5.0 | 0.3 | 4.5 | 0.0 |
Manufacturing |
91.568 | 123.0 | 123.0 | 0.8 | 0.1 | -0.2 | 0.1 | 0.0 | |
Manufacturing, part 1 |
31 |
11.978 | 140.7 | 140.8 | 2.2 | 0.2 | -0.6 | 0.0 | 0.1 |
Food manufacturing |
311 |
4.447 | 195.8 | 196.4 | 6.6 | 0.5 | -0.6 | -0.3 | 0.3 |
Beverage and tobacco product manufacturing |
312 |
1.172 | 142.6 | 143.2 | 1.3 | -0.1 | 0.2 | 0.1 | 0.4 |
Textile mills (Dec. 2023=100) |
313 |
0.326 | 103.0 | 102.7 | - | 0.2 | 0.5 | 0.1 | -0.3 |
Textile product mills (Dec. 2023=100) |
314 |
0.887 | 99.7 | 100.1 | - | 0.0 | 0.0 | -0.4 | 0.4 |
Apparel manufacturing |
315 |
3.498 | 118.9 | 118.9 | 0.3 | -0.1 | -0.2 | 0.3 | 0.0 |
Manufacturing, part 2 |
32 |
19.025 | 143.0 | 141.7 | -1.7 | -0.2 | -0.7 | 0.2 | -0.9 |
Paper manufacturing |
322 |
1.020 | 124.3 | 121.9 | 1.2 | 0.6 | 1.2 | -0.2 | -1.9 |
Printing and related support activities (Dec. 2023=100) |
323 |
0.147 | 100.7 | 100.7 | - | 0.7 | 0.0 | 0.0 | 0.0 |
Petroleum and coal products manufacturing |
324 |
2.353 | 143.0 | 130.3 | -15.4 | -3.1 | -3.4 | 1.6 | -8.9 |
Chemical manufacturing |
325 |
11.045 | 151.1 | 151.4 | 1.7 | 0.2 | -0.4 | 0.0 | 0.2 |
Plastics and rubber products manufacturing |
326 |
2.542 | 131.9 | 132.3 | -0.8 | 0.1 | 0.1 | 0.2 | 0.3 |
Nonmetallic mineral product manufacturing |
327 |
1.091 | 144.4 | 144.8 | -0.2 | -0.3 | 0.0 | 0.1 | 0.3 |
Manufacturing, part 3 |
33 |
60.565 | 113.5 | 113.9 | 1.4 | 0.2 | 0.2 | 0.0 | 0.4 |
Primary metal manufacturing |
331 |
4.905 | 234.8 | 239.4 | 11.0 | 1.4 | -0.2 | -0.8 | 2.0 |
Fabricated metal product manufacturing |
332 |
3.167 | 145.1 | 146.2 | -0.7 | 0.4 | -0.2 | -0.1 | 0.8 |
Machinery manufacturing |
333 |
7.965 | 132.3 | 132.4 | 0.3 | 0.0 | 0.1 | 0.2 | 0.1 |
Computer and electronic product manufacturing |
334 |
16.452 | 72.3 | 72.4 | -0.1 | 0.0 | 0.0 | 0.3 | 0.1 |
Electrical equipment, appliance, and component manufacturing |
335 |
6.248 | 125.5 | 125.5 | -1.6 | -0.2 | 0.2 | 0.1 | 0.0 |
Transportation equipment manufacturing |
336 |
14.056 | 120.6 | 120.8 | 2.6 | 0.1 | 0.4 | 0.1 | 0.2 |
Furniture and related product manufacturing |
337 |
1.855 | 128.1 | 128.3 | -0.7 | 0.2 | -0.1 | 0.1 | 0.2 |
Miscellaneous manufacturing |
339 |
5.918 | 130.5 | 130.7 | 2.3 | 0.5 | 0.2 | -0.2 | 0.2 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | NAICS | Relative import- ance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | ||||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
|||||
Nonmanufacturing |
13.629 | 161.6 | 155.7 | -14.0 | -0.2 | -0.9 | -3.5 | -3.7 | |
Agriculture, forestry, fishing and hunting |
11 |
4.163 | 169.7 | 170.9 | -11.5 | 0.2 | -3.8 | -4.6 | 0.7 |
Crop production |
111 |
3.869 | 177.5 | 179.3 | -11.8 | 0.4 | -4.1 | -5.0 | 1.0 |
Mining |
21 |
9.466 | 103.3 | 97.5 | -15.4 | -0.4 | 0.4 | -2.9 | -5.6 |
Oil and gas extraction (Dec. 2021=100) |
211 |
8.181 | 91.4 | 85.8 | -17.3 | -0.3 | 0.7 | -3.1 | -6.1 |
Mining (except oil and gas) |
212 |
1.285 | 130.4 | 127.6 | -2.9 | -1.2 | -1.8 | -2.0 | -2.1 |
Manufacturing |
84.721 | 134.8 | 134.4 | -0.4 | -0.2 | 0.7 | -0.5 | -0.3 | |
Manufacturing, part 1 |
31 |
6.450 | 170.3 | 171.1 | -1.1 | 1.3 | -0.5 | -0.2 | 0.5 |
Food manufacturing |
311 |
4.697 | 202.9 | 204.5 | -0.2 | 2.0 | -0.2 | 0.0 | 0.8 |
Beverage and tobacco product manufacturing |
312 |
0.495 | 131.2 | 131.5 | -6.7 | -1.5 | -0.5 | -0.3 | 0.2 |
Manufacturing, part 2 |
32 |
25.682 | 133.7 | 131.4 | -6.2 | -1.4 | 2.6 | -1.4 | -1.7 |
Wood product manufacturing (Dec. 2017=100) |
321 |
0.452 | 125.0 | 124.8 | 7.8 | 0.7 | 1.6 | 0.6 | -0.2 |
Petroleum and coal products manufacturing |
324 |
5.694 | 138.4 | 126.7 | -26.3 | -6.3 | 8.9 | -6.2 | -8.5 |
Chemical manufacturing |
325 |
14.781 | 132.5 | 132.7 | 0.7 | 0.0 | 0.8 | 0.1 | 0.2 |
Plastics and rubber products manufacturing |
326 |
2.264 | 135.1 | 135.3 | 0.6 | 0.0 | 0.0 | 0.3 | 0.1 |
Nonmetallic mineral product manufacturing |
327 |
0.734 | 131.1 | 131.3 | -1.0 | -0.3 | -0.1 | -0.2 | 0.2 |
Manufacturing, part 3 |
33 |
52.588 | 131.8 | 132.3 | 2.7 | 0.1 | 0.0 | -0.1 | 0.4 |
Primary metal manufacturing |
331 |
4.819 | 218.4 | 222.8 | 12.5 | 1.7 | -0.1 | 0.6 | 2.0 |
Machinery manufacturing |
333 |
9.673 | 153.2 | 153.4 | 2.0 | 0.2 | 0.1 | 0.0 | 0.1 |
Computer and electronic product manufacturing |
334 |
12.544 | 82.5 | 82.7 | -0.5 | -0.2 | -0.2 | -0.7 | 0.2 |
Transportation equipment manufacturing |
336 |
13.524 | 150.4 | 150.4 | 3.5 | 0.1 | 0.2 | 0.1 | 0.0 |
Furniture and related product manufacturing (Dec. 2023=100) |
337 |
0.357 | 102.3 | 102.3 | - | 0.0 | 0.0 | 0.0 | 0.0 |
Miscellaneous manufacturing |
339 |
5.121 | 142.3 | 142.8 | 3.4 | -0.4 | 0.0 | 0.1 | 0.4 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative importance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | ||||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
|||||
Live animals; animal products |
I |
1.510 | 244.3 | 245.8 | 5.0 | -0.3 | 0.3 | 1.1 | 0.6 |
Meat and edible meat offal |
02 |
0.452 | 363.0 | 362.2 | 11.6 | -1.5 | -0.4 | 3.4 | -0.2 |
Fish and crustaceans, molluscs and other aquatic invertebrates |
03 |
0.700 | 149.3 | 150.3 | 1.6 | 0.1 | -0.8 | 1.0 | 0.7 |
Vegetable products |
II |
2.179 | 263.9 | 249.1 | -2.1 | 0.1 | 4.4 | 0.7 | -5.6 |
Edible vegetables, roots, and tubers |
07 |
0.734 | 704.9 | 574.1 | 6.7 | 26.5 | 17.4 | 0.0 | -18.6 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.673 | 109.1 | 107.5 | -13.7 | -15.6 | -0.5 | 4.1 | -1.5 |
Coffee, tea, mate and spices |
09 |
0.421 | 318.2 | 324.9 | 10.4 | 5.7 | 0.8 | -1.2 | 2.1 |
Animal or vegetable fats and oils (Dec. 2009=100) |
III |
0.440 | 146.4 | 148.2 | 1.6 | -0.4 | -1.1 | -2.0 | 1.2 |
Animal or vegetable fats and oils and their cleavage products; prepared (Dec. 2023=100) |
15 |
0.440 | 98.5 | 99.8 | - | -0.4 | -1.2 | -2.0 | 1.3 |
Prepared foodstuffs, beverages, and tobacco |
IV |
3.580 | 207.6 | 207.9 | 5.9 | 0.2 | -0.5 | -0.2 | 0.1 |
Sugars and sugar confectionary (Dec. 2021=100) |
17 |
0.234 | 122.7 | 120.4 | 2.9 | 0.6 | -5.8 | 1.2 | -1.9 |
Cocoa and cocoa preparations (Dec. 2009=100) |
18 |
0.437 | 227.6 | 224.3 | 77.7 | -1.1 | -2.8 | -1.7 | -1.4 |
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100) |
19 |
0.489 | 99.8 | 100.1 | - | 0.2 | -0.4 | 0.1 | 0.3 |
Miscellaneous edible preparations (Dec. 2022=100) |
21 |
0.388 | 92.4 | 92.5 | -5.2 | 0.1 | 0.2 | 0.3 | 0.1 |
Beverages, spirits, and vinegar |
22 |
1.111 | 155.6 | 156.2 | 0.8 | -0.1 | 0.2 | 0.2 | 0.4 |
Mineral products |
V |
8.309 | 291.0 | 270.6 | -17.4 | -1.7 | 0.1 | -2.8 | -7.0 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
7.995 | 283.9 | 263.1 | -18.1 | -1.8 | 0.1 | -3.1 | -7.3 |
Products of the chemical or allied industries |
VI |
10.690 | 172.7 | 172.6 | 1.2 | 0.2 | -0.5 | 0.0 | -0.1 |
Organic chemicals |
29 |
2.200 | 136.9 | 136.2 | -4.8 | 0.2 | -0.2 | 0.2 | -0.5 |
Pharmaceutical products |
30 |
5.599 | 156.0 | 156.0 | 5.9 | 0.2 | -0.5 | 0.0 | 0.0 |
Fertilizers (Dec. 2022=100) |
31 |
0.197 | 56.9 | 57.3 | -8.5 | -1.8 | -2.7 | -3.1 | 0.7 |
Tanning extracts; dye, pigments, varnish, paints & putty (Dec. 2022=100) |
32 |
0.194 | 101.0 | 100.9 | -2.0 | -0.6 | -0.1 | 0.4 | -0.1 |
Miscellaneous chemical products |
38 |
0.877 | 112.3 | 113.0 | -4.2 | 0.7 | -0.5 | 0.4 | 0.6 |
Plastics and articles thereof; rubber and articles thereof |
VII |
3.761 | 154.7 | 155.9 | 0.5 | 0.3 | -0.1 | 0.4 | 0.8 |
Plastics and articles thereof |
39 |
2.493 | 150.8 | 152.3 | -0.7 | 0.1 | -0.6 | 0.4 | 1.0 |
Rubber and articles thereof |
40 |
1.269 | 165.6 | 166.1 | 2.7 | 0.6 | 0.9 | 0.4 | 0.3 |
Printed matter (Dec. 2023=100) |
49 |
0.168 | 100.1 | 100.1 | - | 0.3 | 0.0 | 0.0 | 0.0 |
Textile and textile articles |
XI |
4.519 | 120.7 | 120.8 | 0.3 | 0.0 | -0.1 | -0.1 | 0.1 |
Articles of apparel and clothing accessories, knitted or crocheted (Dec. 2023=100) |
61 |
1.931 | 99.4 | 99.3 | - | -0.1 | -0.2 | 0.0 | -0.1 |
Articles of apparel and clothing accessories, not knitted or crocheted |
62 |
1.428 | 127.8 | 127.7 | 0.9 | 0.0 | 0.2 | 0.0 | -0.1 |
Made-up or worn textile articles (Dec. 2023=100) |
63 |
0.616 | 98.8 | 99.4 | - | 0.0 | -0.1 | -0.6 | 0.6 |
Headgear, umbrellas, artificial flowers, etc. |
XII |
1.451 | 127.3 | 126.9 | 0.1 | 0.1 | 0.3 | 0.4 | -0.3 |
Footwear and parts of such articles |
64 |
1.185 | 124.1 | 123.7 | 0.0 | 0.2 | 0.4 | -0.1 | -0.3 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.938 | 137.6 | 138.0 | 0.4 | -0.4 | 0.0 | 0.0 | 0.3 |
Articles of stone, plaster, cement, asbestos, or mica (Dec. 2020=100) |
68 |
0.324 | 100.7 | 101.3 | -0.6 | 0.0 | 0.0 | 0.0 | 0.6 |
Glass and glassware (Dec. 2021=100) |
70 |
0.342 | 110.5 | 111.0 | 2.8 | -1.5 | 0.0 | 0.0 | 0.5 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
3.295 | 245.8 | 252.2 | 13.2 | 1.3 | 1.2 | 0.4 | 2.6 |
Pearls, precious stones, precious metals jewelry, coin (Dec. 2023=100) |
71 |
3.295 | 109.2 | 112.1 | - | 1.2 | 1.2 | 0.4 | 2.7 |
Base metals and articles of base metals |
XV |
5.843 | 229.0 | 230.1 | 0.8 | 0.5 | -0.6 | -1.3 | 0.5 |
Articles of iron or steel |
73 |
1.715 | 190.1 | 189.9 | -3.7 | -0.4 | -0.3 | -0.1 | -0.1 |
Copper and articles thereof |
74 |
0.532 | 408.4 | 411.4 | 11.7 | 0.4 | -3.0 | -7.2 | 0.7 |
Aluminum and articles thereof |
76 |
1.135 | 200.1 | 203.6 | 9.1 | 4.3 | -0.9 | -0.6 | 1.7 |
Tools, implements, cutlery, spoons and forks, of base metal; parts thereof |
82 |
0.405 | 130.6 | 131.6 | -0.6 | -0.7 | 0.0 | 0.0 | 0.8 |
Miscellaneous articles of base metal |
83 |
0.510 | 142.3 | 142.6 | -2.7 | 0.1 | 0.1 | 0.1 | 0.2 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
30.354 | 82.3 | 82.4 | -0.1 | 0.0 | 0.0 | 0.1 | 0.1 |
Machinery and mechanical appliances; parts thereof |
84 |
15.209 | 89.6 | 89.7 | 0.0 | 0.0 | -0.2 | 0.1 | 0.1 |
Electrical machinery and equip, sound and TV recorders & reproducers, parts |
85 |
15.145 | 75.5 | 75.6 | -0.3 | 0.0 | 0.3 | 0.3 | 0.1 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
11.851 | 124.8 | 125.0 | 2.3 | 0.1 | 0.5 | 0.0 | 0.2 |
Motor vehicles and their parts |
87 |
11.074 | 123.9 | 124.0 | 2.1 | 0.1 | 0.6 | 0.0 | 0.1 |
Aircraft, spacecraft, and parts thereof (Dec. 2020=100) |
88 |
0.637 | 110.9 | 111.1 | 3.6 | 0.8 | 0.1 | 0.1 | 0.2 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
4.230 | 112.4 | 112.7 | 3.9 | 1.2 | 0.2 | 0.1 | 0.3 |
Optical, photographic, measuring and medical instruments |
90 |
3.928 | 107.9 | 108.1 | 3.9 | 1.2 | 0.1 | 0.0 | 0.2 |
Miscellaneous manufactured articles |
XX |
4.540 | 120.1 | 120.2 | -0.1 | 0.0 | -0.2 | -0.1 | 0.1 |
Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldgs |
94 |
2.529 | 127.1 | 127.4 | 0.0 | 0.2 | -0.2 | 0.0 | 0.2 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
1.699 | 106.2 | 106.3 | -0.5 | 0.0 | -0.5 | -0.4 | 0.1 |
Miscellaneous manufactured articles |
96 |
0.312 | 152.6 | 152.6 | 3.2 | 0.0 | 0.0 | 0.0 | 0.0 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Harmo- nized system |
Relative import- ance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | ||||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
|||||
Live animals; animal products |
I |
2.049 | 276.1 | 277.9 | 6.9 | 1.4 | -0.4 | 0.3 | 0.7 |
Meat & edible meat offal (Dec. 2006=100) |
02 |
1.333 | 240.9 | 242.3 | 9.9 | 2.3 | -0.8 | 0.0 | 0.6 |
Vegetable products |
II |
3.792 | 221.0 | 223.3 | -12.0 | 0.1 | -3.4 | -4.4 | 1.0 |
Edible fruit and nuts; peel of citrus fruit or melons |
08 |
0.890 | 155.1 | 160.4 | 22.0 | 3.5 | -2.4 | 1.4 | 3.4 |
Cereals |
10 |
1.029 | 208.8 | 212.8 | -16.7 | -0.5 | -8.0 | -4.3 | 1.9 |
Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder |
12 |
1.484 | 217.6 | 216.0 | -23.3 | -0.7 | -1.3 | -8.7 | -0.7 |
Prepared foodstuffs, beverages, and tobacco |
IV |
2.900 | 181.9 | 183.2 | -1.8 | 1.9 | -0.3 | -0.2 | 0.7 |
Preparations of cereals, flour, starch or milk; bakers' wares (Dec. 2023=100) |
19 |
0.299 | 101.0 | 101.0 | - | 0.7 | 0.0 | 0.0 | 0.0 |
Miscellaneous edible preparations (Dec. 2017=100) |
21 |
0.647 | 121.9 | 124.2 | 4.4 | 3.2 | -2.7 | 1.0 | 1.9 |
Residues and waste from the food industries; prepared animal feed |
23 |
0.587 | 244.1 | 245.7 | -15.5 | -1.2 | 1.3 | -1.7 | 0.7 |
Mineral products |
V |
15.207 | 271.6 | 253.6 | -19.8 | -2.6 | 3.5 | -4.2 | -6.6 |
Ores, slag and ash (Dec. 2012=100) |
26 |
0.432 | 128.3 | 131.5 | 6.1 | 0.7 | -0.8 | -4.7 | 2.5 |
Mineral fuels, oils and residuals, bituminous substances and mineral waxes |
27 |
14.579 | 259.6 | 241.4 | -20.7 | -2.7 | 3.7 | -4.2 | -7.0 |
Products of the chemical or allied industries |
VI |
12.628 | 159.3 | 159.0 | -1.0 | -0.1 | 0.8 | 0.3 | -0.2 |
Pharmaceutical products |
30 |
4.503 | 104.7 | 105.1 | -2.8 | 0.2 | 0.8 | 0.0 | 0.4 |
Essential oils and resinoids; perfumery cosmetic or toilet preparations |
33 |
0.816 | 145.1 | 143.3 | -3.4 | -0.1 | -0.8 | -0.1 | -1.2 |
Miscellaneous chemical products |
38 |
2.359 | 194.2 | 194.2 | 0.8 | 0.1 | 0.0 | 0.1 | 0.0 |
Rubber and articles thereof |
40 |
0.931 | 193.5 | 193.9 | 14.0 | 0.0 | 0.2 | 0.1 | 0.2 |
Wood, wood charcoal, cork, straw, baskets and wickerwork (Dec. 2014=100) |
IX |
0.488 | 112.9 | 112.7 | 5.3 | 0.1 | 1.8 | 1.0 | -0.2 |
Wood and articles of wood; wood charcoal (Dec. 2023=100) |
44 |
0.488 | 105.3 | 105.1 | - | 0.1 | 1.8 | 1.1 | -0.2 |
Woodpulp and recovered paper (Dec. 2019=100) |
47 |
0.585 | 175.3 | 175.9 | 31.4 | 0.3 | 0.0 | 1.2 | 0.3 |
Cotton, including yarns and woven fabrics thereof |
52 |
0.529 | 139.3 | 139.9 | -15.2 | 4.0 | -7.8 | -6.1 | 0.4 |
Stone, plaster, cement, asbestos, ceramics, glass etc. |
XIII |
0.751 | 153.9 | 154.2 | 3.6 | -0.3 | 0.4 | 0.2 | 0.2 |
Glass and glassware (Dec. 2019=100) |
70 |
0.356 | 115.0 | 115.5 | 1.0 | -0.2 | 0.4 | -0.4 | 0.4 |
Pearls, stones, precious metals, imitation jewelry, and coins |
XIV |
5.281 | 343.2 | 351.5 | 15.1 | -0.3 | 0.0 | 1.7 | 2.4 |
Pearls, precious stones, precious metals; jewelry, coin (Dec. 2023=100) |
71 |
5.281 | 109.9 | 112.6 | - | -0.3 | 0.0 | 1.7 | 2.5 |
Base metals and articles of base metals |
XV |
4.493 | 211.0 | 209.6 | -0.1 | 0.8 | -0.5 | -1.2 | -0.7 |
Copper and articles thereof |
74 |
0.618 | 278.4 | 278.8 | 6.3 | 1.0 | -3.4 | -7.3 | 0.1 |
Aluminum and articles thereof |
76 |
0.811 | 156.4 | 152.4 | 9.1 | 2.4 | -0.5 | -0.8 | -2.6 |
Miscellaneous articles of base metal (Dec. 2022=100) |
83 |
0.363 | 106.4 | 106.3 | 3.2 | 0.0 | 0.8 | -0.1 | -0.1 |
Machinery, electrical equipment, TV image and sound recorders, parts, etc. |
XVI |
26.616 | 108.3 | 108.5 | 1.7 | 0.0 | 0.1 | -0.4 | 0.2 |
Machinery and mechanical appliances; parts thereof |
84 |
15.837 | 134.0 | 134.1 | 2.5 | 0.1 | 0.1 | 0.1 | 0.1 |
Electrical machinery and equipment and parts and accessories thereof |
85 |
10.779 | 81.7 | 81.9 | 0.4 | -0.2 | 0.0 | -1.1 | 0.2 |
Vehicles, aircraft, vessels and associated transport equipment |
XVII |
9.861 | 155.9 | 155.9 | 2.4 | 0.1 | 0.1 | 0.1 | 0.0 |
Motor vehicles and their parts |
87 |
7.345 | 130.0 | 129.9 | 2.3 | 0.0 | 0.0 | 0.1 | -0.1 |
Optical, photo, measuring, medical & musical instruments; & timepieces |
XVIII |
5.885 | 121.2 | 121.4 | 2.6 | 0.5 | 0.2 | 0.0 | 0.2 |
Optical, photographic, measuring and medical instruments (Dec. 2023=100) |
90 |
5.828 | 101.9 | 102.1 | - | 0.4 | 0.2 | -0.1 | 0.2 |
Miscellaneous manufactured articles |
XX |
1.170 | 136.0 | 135.4 | 0.4 | 0.1 | -0.5 | 0.2 | -0.4 |
Furniture; stuffed furnishings; lamps and lighting fittings nesoi |
94 |
0.583 | 151.0 | 151.0 | 2.2 | 0.0 | 0.0 | 0.0 | 0.0 |
Toys, games and sports equipment; parts and accessories thereof |
95 |
0.443 | 116.6 | 115.2 | -2.3 | -0.7 | -1.3 | 0.2 | -1.2 |
Footnotes |
|||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | |||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
||||
Industrialized Countries(2) |
100.000 | 146.9 | 146.5 | -0.3 | -0.1 | -0.1 | -0.3 | -0.3 |
Nonmanufacturing |
10.593 | 249.5 | 235.7 | -16.4 | -1.0 | 1.5 | -3.5 | -5.5 |
Manufacturing |
89.067 | 138.7 | 139.2 | 2.1 | 0.1 | -0.3 | 0.1 | 0.4 |
Canada |
100.000 | 171.5 | 168.8 | -6.3 | -0.2 | 0.6 | -1.7 | -1.6 |
Nonmanufacturing |
31.433 | 242.4 | 228.3 | -18.0 | -0.9 | 1.3 | -3.9 | -5.8 |
Manufacturing |
67.808 | 156.3 | 156.9 | 0.0 | 0.1 | 0.4 | -0.6 | 0.4 |
European Union |
100.000 | 158.7 | 158.6 | 1.8 | 0.1 | -0.4 | 0.2 | -0.1 |
Manufacturing |
99.341 | 154.4 | 154.2 | 1.8 | 0.1 | -0.4 | 0.2 | -0.1 |
France (Dec. 2003=100) |
100.000 | 158.2 | 158.2 | 4.5 | 0.0 | -0.3 | 0.1 | 0.0 |
Germany (Dec. 2003=100) |
100.000 | 125.4 | 125.4 | 1.1 | 0.2 | 0.1 | 0.4 | 0.0 |
United Kingdom (Dec. 2003=100) |
100.000 | 139.1 | 138.1 | 0.4 | 0.4 | -0.5 | 0.0 | -0.7 |
Latin America(3) |
100.000 | 175.2 | 173.5 | 1.0 | 0.3 | 0.6 | -0.3 | -1.0 |
Nonmanufacturing |
13.590 | 339.7 | 320.4 | -8.4 | 0.7 | 3.6 | -1.6 | -5.7 |
Manufacturing |
86.183 | 141.4 | 141.1 | 2.7 | 0.3 | 0.1 | -0.1 | -0.2 |
Mexico (Dec. 2003=100) |
100.000 | 149.2 | 147.6 | 0.6 | 0.2 | 0.9 | -0.1 | -1.1 |
Nonmanufacturing (Dec. 2008=100) |
9.167 | 191.9 | 169.6 | -9.5 | 0.8 | 8.8 | -1.5 | -11.6 |
Manufacturing (Dec. 2008=100) |
90.611 | 101.2 | 101.2 | 1.8 | 0.1 | 0.2 | 0.1 | 0.0 |
Pacific Rim (Dec. 2003=100)(4) |
100.000 | 102.1 | 102.4 | -0.4 | 0.0 | 0.0 | 0.0 | 0.3 |
China (Dec. 2003=100) |
100.000 | 100.5 | 100.5 | -1.0 | 0.0 | -0.1 | 0.1 | 0.0 |
Japan |
100.000 | 101.1 | 101.3 | -0.1 | -0.1 | 0.1 | 0.0 | 0.2 |
Taiwan (Dec. 2018=100) |
100.000 | 109.4 | 109.3 | -0.2 | -0.4 | 0.8 | 0.6 | -0.1 |
Asian NICs(5) |
100.000 | 94.7 | 95.3 | -0.6 | -0.1 | 0.5 | -0.1 | 0.6 |
ASEAN (Dec. 2003=100)(6) |
100.000 | 100.0 | 100.4 | -0.8 | -0.7 | 0.3 | 0.1 | 0.4 |
Asia Near East (Dec. 2003=100)(7) |
100.000 | 216.6 | 203.5 | -9.9 | -3.5 | 2.4 | -0.4 | -6.0 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | |||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
||||
Industrialized Countries(2) |
100.000 | 122.6 | 122.6 | 1.2 | 0.7 | 0.4 | -0.7 | 0.0 |
Nonmanufacturing |
14.406 | 138.7 | 135.3 | -8.6 | 2.1 | 1.7 | -4.3 | -2.5 |
Manufacturing |
84.048 | 120.8 | 121.2 | 2.5 | 0.5 | 0.2 | 0.0 | 0.3 |
Canada |
100.000 | 128.6 | 128.0 | -0.7 | 0.2 | -0.1 | -0.3 | -0.5 |
Nonmanufacturing (Dec. 2020=100) |
6.966 | 128.7 | 125.5 | -10.0 | 0.4 | -2.5 | -3.4 | -2.5 |
Manufacturing (Dec. 2020=100) |
91.287 | 120.3 | 119.9 | -0.4 | 0.2 | 0.1 | -0.2 | -0.3 |
European Union |
100.000 | 121.4 | 119.4 | -0.1 | 0.0 | 1.0 | -1.6 | -1.6 |
Nonmanufacturing |
22.059 | 138.7 | 128.7 | -17.0 | -0.6 | 1.8 | -5.5 | -7.2 |
Manufacturing |
76.339 | 118.2 | 118.2 | 4.0 | 0.2 | 0.9 | -0.3 | 0.0 |
Germany |
100.000 | 124.6 | 124.7 | 5.8 | 0.1 | 0.4 | -0.3 | 0.1 |
Latin America(3) |
100.000 | 122.6 | 120.3 | -4.9 | -1.0 | 1.7 | -1.5 | -1.9 |
Nonmanufacturing |
6.852 | 129.1 | 127.5 | -8.7 | 3.5 | -2.8 | -5.7 | -1.2 |
Manufacturing |
92.566 | 122.1 | 119.8 | -4.8 | -1.3 | 2.1 | -1.3 | -1.9 |
Mexico |
100.000 | 123.4 | 121.8 | -3.3 | -0.2 | 0.7 | -1.0 | -1.3 |
Nonmanufacturing |
5.469 | 104.7 | 106.2 | -10.9 | 8.5 | -5.6 | -6.2 | 1.4 |
Manufacturing |
93.645 | 125.6 | 123.6 | -3.1 | -0.7 | 1.2 | -0.8 | -1.6 |
Pacific Rim(4) |
100.000 | 112.8 | 111.8 | -1.8 | 0.4 | -0.5 | -1.5 | -0.9 |
Nonmanufacturing |
19.477 | 112.0 | 107.3 | -13.8 | 0.6 | -0.3 | -6.2 | -4.2 |
Manufacturing |
79.302 | 114.6 | 114.5 | 1.4 | 0.4 | -0.5 | -0.2 | -0.1 |
China |
100.000 | 104.4 | 104.0 | -4.7 | -0.2 | -0.8 | -1.8 | -0.4 |
Nonmanufacturing |
22.868 | 94.9 | 92.6 | -17.5 | -0.6 | -1.0 | -6.8 | -2.4 |
Manufacturing |
75.541 | 109.9 | 110.1 | -0.1 | 0.0 | -0.7 | 0.0 | 0.2 |
Japan |
100.000 | 111.0 | 110.8 | 0.5 | 1.5 | -0.4 | -1.3 | -0.2 |
Nonmanufacturing |
20.409 | 116.9 | 114.7 | -2.9 | 2.9 | -0.1 | -5.8 | -1.9 |
Manufacturing |
78.366 | 109.5 | 109.8 | 1.3 | 1.2 | -0.5 | -0.1 | 0.3 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Index | Percent change | |||||
---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | ||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
|||
Industrialized Countries(2) |
102.2 | 102.4 | 1.5 | 0.8 | 0.5 | -0.4 | 0.2 |
Canada |
98.5 | 99.6 | 6.0 | 0.5 | -0.7 | 1.3 | 1.1 |
European Union |
103.0 | 101.3 | -1.8 | -0.1 | 1.5 | -1.8 | -1.7 |
Germany |
114.4 | 114.5 | 4.7 | -0.1 | 0.3 | -0.7 | 0.1 |
Latin America(3) |
104.2 | 103.2 | -5.8 | -1.2 | 1.1 | -1.1 | -1.0 |
Mexico |
106.7 | 106.5 | -3.8 | -0.4 | -0.2 | -0.9 | -0.2 |
Pacific Rim(4) |
108.7 | 107.4 | -1.5 | 0.5 | -0.5 | -1.5 | -1.2 |
China |
104.0 | 103.6 | -3.7 | -0.2 | -0.7 | -1.9 | -0.4 |
Japan |
104.9 | 104.5 | 0.7 | 1.6 | -0.5 | -1.3 | -0.4 |
Footnotes |
|||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
Description | Relative import- ance Aug. 2024(1) |
Index | Percent change | |||||
---|---|---|---|---|---|---|---|---|
Aug. 2024 |
Sep. 2024 |
Annual | Monthly | |||||
Sep. 2023 to Sep. 2024 |
May 2024 to Jun. 2024 |
Jun. 2024 to Jul. 2024 |
Jul. 2024 to Aug. 2024 |
Aug. 2024 to Sep. 2024 |
||||
Air Freight |
||||||||
Import Air Freight |
100.000 | 266.9 | 279.7 | 21.0 | 0.7 | 12.2 | 2.3 | 4.8 |
Europe (Dec. 2003=100) |
18.671 | 153.5 | 150.1 | -19.2 | -6.2 | 6.2 | -2.5 | -2.2 |
Asia |
80.451 | 296.6 | 314.4 | 35.6 | 2.7 | 14.4 | 3.8 | 6.0 |
Export Air Freight |
100.000 | 173.2 | 172.0 | -4.3 | 0.7 | 3.8 | -1.8 | -0.7 |
Europe (Dec. 2006=100) |
27.104 | 128.2 | 128.2 | -11.2 | 1.5 | 14.0 | -10.3 | 0.0 |
Asia (Dec. 2011=100) |
49.952 | 139.6 | 137.4 | -3.8 | 0.1 | -2.0 | 3.3 | -1.6 |
Inbound Air Freight |
100.000 | 179.1 | 186.1 | 11.5 | 1.9 | 5.4 | -0.5 | 3.9 |
Europe (Dec. 2003=100) |
23.789 | 131.1 | 127.2 | -14.6 | -6.6 | 5.7 | -4.3 | -3.0 |
Asia |
65.196 | 186.3 | 197.6 | 25.8 | 3.3 | 6.2 | 3.3 | 6.1 |
Outbound Air Freight |
100.000 | 170.1 | 167.3 | -7.2 | 2.4 | 0.1 | 0.2 | -1.6 |
Europe (Dec. 2003=100) |
34.591 | 162.6 | 161.9 | -6.7 | 1.1 | 9.4 | -7.4 | -0.4 |
Asia |
44.820 | 186.7 | 181.1 | -8.6 | 4.5 | -7.7 | 8.0 | -3.0 |
Air Passenger Fares |
||||||||
Import Air Passenger Fares |
100.000 | 153.8 | 175.2 | 0.7 | 9.0 | -11.3 | -12.4 | 13.9 |
Europe |
46.248 | 165.2 | 204.6 | -1.1 | 7.7 | -12.3 | -15.9 | 23.8 |
Asia |
12.634 | 151.0 | 154.0 | -9.9 | 9.5 | -11.8 | -9.1 | 2.0 |
Latin America/Caribbean |
10.437 | 135.6 | 132.7 | -4.3 | 8.8 | -1.0 | -8.6 | -2.1 |
Export Air Passenger Fares |
100.000 | 180.6 | 178.0 | -0.9 | 10.6 | 0.6 | -8.1 | -1.4 |
Europe |
36.951 | 216.7 | 221.5 | -6.8 | 15.5 | -1.0 | -13.4 | 2.2 |
Asia |
12.797 | 198.8 | 173.0 | -13.2 | 5.1 | 1.0 | -0.9 | -13.0 |
Latin America/Caribbean |
31.181 | 174.4 | 171.7 | -1.5 | 12.7 | 3.9 | -6.1 | -1.5 |
Footnotes |
||||||||
NOTES: Data may be revised in each of the 3 months after original publication. |
TECHNICAL NOTE Import and Export Goods and Services Price Indexes - All indexes use a modified Laspeyres formula and are not seasonally adjusted. Price indexes are reweighted annually, with a 2-year lag in the weights. Published series use a base year of 2000=100 where possible. More detailed index series and additional information may be obtained at www.bls.gov/mxp or by calling (202) 691-7101. Merchandise Goods Classification Systems - The merchandise price indexes are published using three classification systems. Items are classified by end use according to the Bureau of Economic Analysis Classification System, by industry according to the North American Industry Classification System (NAICS), and by product category according to the Harmonized System (HS). While classification by end use and product category are self-explanatory, some notes are in order for classifying items by industry. In the NAICS imports and exports tables, items are classified by output industry, not input industry. As an example, NAICS import index 326 (plastics and rubber products manufacturing) includes outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS classification structure also matches the classification system used by the Producer Price Index (PPI) to produce the NAICS primary products indexes. Import Price Goods Indexes - Items are classified by the Harmonized Tariff Schedule of the United States Annotated (TSUSA). Import prices are based on U.S. dollar prices paid by the U.S. importer. The prices are generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port transaction prices, depending on the practices of the individual industry. The index for crude petroleum is calculated from data collected by the U.S. Department of Energy. Export Price Goods Indexes - Items are classified by the Harmonized Schedule B classification system of the U.S. Bureau of the Census. The prices used are generally either "free alongside ship" (f.a.s.) factory or "free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry. Prices used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture. Services Price Indexes - Indexes for import and export air passenger fares calculate changes in the average revenue received per passenger by foreign carriers from U.S. residents and by U.S. carriers from foreign residents, respectively. Data are obtained from an airline consulting service and report on tickets sold by travel agencies, travel websites, and directly by the airlines. Taxes and fees are included in both the import and export air passenger fares indexes. Import air passenger fares data have used the airline consulting service source since September 2008. Before April 2018, the export air passenger fares data were collected directly by BLS from U.S. airlines. The air freight indexes are calculated from data collected directly from airlines. These data exclude mail and passenger baggage. The scope of the service being priced is the movement of freight from airport to airport only, and does not include any ground transportation or port service. The air freight indexes are presented using two definitions: balance of payments (which represents transactions between U.S. and foreign residents) and international (which represents transactions inbound to and outbound from the United States.) Fact sheets specifying detailed information for each services industry are available at www.bls.gov/mxp under "MXP Publications." Import Price Indexes by Locality of Origin - Prices used in these indexes are a subset of the data collected for the import price indexes. The indexes are specific to a country, region, or grouping and, beginning with January 2002, are based on the North American Industry Classification System (NAICS) covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Export Price Indexes by Locality of Destination - Prices used in these indexes are a subset of the data collected for the export price indexes. The indexes are specific to a country, region, or grouping and are based on the North American Industry Classification System (NAICS) covering goods-producing industries. Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Terms of Trade Indexes - Terms of trade indexes measure the relative price of exports in terms of import prices for a specific country, region, or grouping. The indexes are calculated as one country, region, or grouping's all-export goods price index divided by the corresponding all-import goods price index on a scale of 100. Relative Importance - A relative importance is a specific index's price-updated value share (expressed as a percentage) of overall imports or exports at a specific point in time. Relative importance values are affected by the trade weights at the point indexes are reweighted and index changes relative to other indexes since the reweight point. If an index is rising in value relative to other indexes over time, the relative importance will increase as well. Revision Policy - To reflect the availability of late reports and corrections by respondents, monthly data may be revised in each of the 3 months after original publication. After 3 months, no further data revisions take place. For example, data first published in the January release will be subject to revision in the releases for February, March, and April. Rounding Policy - Index values are rounded to the tenth decimal place after being calculated. All percent changes are then derived from the rounded index values and subsequently rounded to the tenth decimal place. Uses of the Data - The primary use of the indexes is to deflate trade statistics, notably the foreign trade sector of the National Income and Product Accounts (NIPA) constructed by the Department of Commerce. Other published indexes are useful for general market analysis. For trade in international services, balance of payments indexes are used for deflating NIPA, while international indexes are more appropriate for market analysis. Additional Information - More detailed data are available on the Import/Export Price Indexes home page at www.bls.gov/mxp. For import and export price indexes data requests, send an email to mxpinfo@bls.gov. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.