Technical information: USDL-07-1548 (202) 691-7101 Transmission of this Media contact: material is embargoed (202) 691-5902 until 8:30 A.M. E.D.T. Internet address: http://www.bls.gov/mxp Thursday, October 11, 2007 U.S. IMPORT AND EXPORT PRICE INDEXES - SEPTEMBER 2007 - The U.S. Import Price Index increased 1.0 percent in September, the Bureau of Labor Statistics of the U.S. Department of Labor reported today, following a 0.3 percent drop in August. The September rise was led by a 5.4 percent increase in petroleum prices. Export prices also advanced in September, rising 0.3 percent after a 0.2 percent increase in August. Percent changes in import and export price indexes by End Use category -not seasonally adjusted- IMPORTS EXPORTS Month Non- Agri- Nonagri- All Petroleum petroleum All cultural cultural Imports Imports Imports Exports Exports Exports 2006 September -2.2 -11.0 0.1 -0.4 -0.5 -0.4 October -2.5 -10.4 -0.6 -0.3 1.0 -0.5 November 0.4 -1.6 1.0 0.4 4.4 0.1 December 1.1 4.0 0.5 0.6 2.4 0.5 2007 January -1.2 -6.6 -0.1 0.4 0.6 0.5 February 0.4 1.7 0.0 0.8 2.8 0.6 March 1.6 8.5 0.3 0.7 2.1 0.6 April 1.4 6.8 0.3 0.4 -1.4 0.5 May 0.9 2.7 0.6 0.3 -0.1 0.4 June 1.2 r 4.8 r 0.3 0.4 2.7 0.2 July 1.2 r 6.0 r 0.1 0.1 r 1.6 r -0.1 r August -0.3 -1.1 r -0.1 0.2 1.1 r 0.1 September 1.0 5.4 -0.2 0.3 4.1 0.0 September 2005-06 1.6 0.7 1.9 3.9 4.6 3.8 September 2006-07 5.2 20.1 2.0 4.5 23.3 2.9 r = revised to reflect late reports and corrections by respondents. Import Goods Import prices resumed an upward trend in September, rising 1.0 percent for the month and 5.2 percent over the past 12 months. Higher prices for import petroleum accounted for the increase, rising 5.4 percent in September after dipping 1.1 percent in August. Since January, petroleum prices have jumped 40.3 percent. In contrast, nonpetroleum import prices edged down 0.2 percent in September, following a 0.1 percent drop in August. For the year ended in September, nonpetroleum import prices rose 2.0 percent. The September downturn in nonpetroleum prices was driven by a 1.4 percent decline in nonpetroleum industrial supplies and materials prices. Lower prices for metals and natural gas were the primary contributors to the decrease. Despite the September drop, the price index for nonpetroleum industrial supplies and materials prices rose 3.6 percent over the past 12 months. The price index for foods, feeds, and beverages rose 1.2 percent in September. The increase continued an upward trend over the past 15 months and was led by higher fruit prices. Foods, feeds, and beverages prices were up 8.9 percent for the year ended in September. The price indexes for automotive vehicles and consumer goods each rose 0.2 percent in September. The increase in automotive vehicle prices followed a 0.2 percent advance in August and was led by an increase in prices for passenger cars. Consumer goods prices rose 0.2 percent for the third consecutive month. In September, higher prices for cotton apparel and household goods contributed to the advance. Import prices for capital goods were unchanged in September, following a 0.2 percent increase in August. Export Goods Prices for overall exports continued an upward trend in September, rising 0.3 percent after a 0.2 percent advance in August. The increase was driven by a 4.1 percent rise in agricultural prices as nonagricultural prices were unchanged. The rise in agricultural prices was the largest one-month increase this year and followed advances of 1.1 percent in August and 1.6 percent in July. Higher prices for wheat, soybeans, and corn accounted for most of the September increase. Agricultural prices rose 23.3 percent over the past year. Nonagricultural prices continued to register little movement, recording no change in September after a 0.1 percent rise in August and a 0.1 percent decline in July. The price index for nonagricultural goods advanced 2.9 percent for the year ended in September, while overall export prices rose 4.5 percent for the same period. The price indexes for capital goods and automotive vehicles each increased 0.1 percent in September. Capital goods prices and prices for automotive vehicles advanced 1.4 percent and 1.0 percent, respectively, for the year ended in September. Consumer goods prices were unchanged in September and up 2.1 percent over the past year. In contrast, prices for nonagricultural industrial supplies and materials declined in September, falling 0.2 percent. That decrease followed a 0.2 percent advance in August and was largely led by lower prices for chemicals and some metals, which more than offset higher prices for fuel and steelmaking materials. Imports by Locality of Origin Import prices from China continued a recent upward pattern, rising 0.2 percent in September after a 0.4 percent increase in August. Prices for imports from China advanced 1.6 percent for the year ended in September, with the increase occurring over the past five months as the index was unchanged over the September 2006 to April 2007 period. Rising fuel prices contributed to the September increases for Mexico, Canada, and the European Union. The price index for imports from Mexico rose 2.8 percent in September and 9.8 percent over the past year, while import prices from Canada and the European Union increased 0.4 percent and 0.2 percent, respectively, in September. Over the past year, the price indexes for imports from Canada and the European Union rose 5.3 percent and 1.4 percent, respectively. Import prices from Japan also advanced in September, ticking up 0.1 percent. Prices for imports from Japan decreased 0.5 percent over the past 12 months. Import and Export Services The price index for export travel and tourism, which is lagged one month, advanced 0.4 percent in August after a 1.3 percent drop in July. Import air passenger fares decreased 6.4 percent in September after increasing for six consecutive months. The downturn was driven primarily by lower Asian fares. Despite the September drop, the price index for import air passenger fares rose 7.0 percent for the year ended in September. Export air passenger fares also fell in September, decreasing 3.4 percent after a 3.4 percent gain in August. The index rose 8.6 percent over the past 12 months. The price indexes for import air freight and export air freight each increased in September, rising 0.1 percent and 1.1 percent, respectively. For the year ended in September, import air freight prices advanced 0.8 percent, while export air freight prices rose 1.4 percent. CONTENTS OF RELEASE This news release includes the following tables: Table 1 U.S. Import Price Indexes, by End Use Table 2 U.S. Export Price Indexes, by End Use Table 3 U.S. Import Price Indexes, by NAICS Table 4 U.S. Export Price Indexes, by NAICS Table 5 U.S. Import Price Indexes, by Harmonized System Table 6 U.S. Export Price Indexes, by Harmonized System Table 7 U.S. Import Price Indexes, by Locality of Origin Table 8 U.S. International Price Indexes for Selected Transportation Services Table 9 U.S. Export Price Indexes for Travel and Tourism Services Table 10 U.S. Export Price Indexes for Postsecondary Education Services ------------------------------------------------------------------- Import and Export Price Index data for October 2007 are scheduled for release on November 9 at 8:30 A.M. (E.S.T.). Table 1 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods September 2006-September 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. END Description 2006 2007 2007 2007 2007 USE August August September to to to to to 2007 2007 2007 Sept. June July Aug. Sept. 1/ 2007 2007 2007 2007 2007 ALL COMMODITIES.......................................... 100.000 121.1 122.3 5.2 1.2 1.2 -0.3 1.0 ALL IMPORTS EXCLUDING PETROLEUM.......................... 80.004 107.1 106.9 2.0 0.3 0.1 -0.1 -0.2 ALL IMPORTS EXCLUDING FUELS (Dec. 2001=100)................................... 77.833 110.0 109.9 1.9 0.3 0.2 0.3 -0.1 0 FOODS, FEEDS, & BEVERAGES.............................. 4.376 130.1 131.7 8.9 0.3 1.3 0.5 1.2 00 Agricultural foods, feeds & beverages, excluding distilled beverages............. 3.338 142.1 144.1 10.5 0.3 1.4 0.5 1.4 01 Nonagricultural foods (fish, distilled beverages) 1.038 103.3 103.7 3.9 0.3 1.2 0.6 0.4 1 INDUSTRIAL SUPPLIES & MATERIALS........................ 37.481 188.7 192.9 12.0 2.8 2.8 -1.1 2.2 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING PETROLEUM........................... 17.486 142.0 140.0 3.6 0.8 -0.6 -1.3 -1.4 INDUSTRIAL SUPPLIES & MATERIALS EXCLUDING FUELS (Dec. 2001=100)............... 15.315 151.9 150.3 3.9 0.7 0.0 0.2 -1.1 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE....................................... 10.052 148.3 145.9 4.4 1.0 -0.3 0.3 -1.6 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE EXCLUDING PETROLEUM................ 7.434 133.5 132.0 2.7 0.6 -0.9 -3.2 -1.1 10 Fuels & lubricants............................... 22.166 244.7 255.7 18.2 4.4 4.9 -2.0 4.5 100 Petroleum & petroleum products............... 19.995 257.5 271.4 20.1 4.8 6.0 -1.1 5.4 10000 Crude................................ 14.344 264.5 282.0 24.4 5.7 6.7 0.8 6.6 101 Fuels, n.e.s.-coals & gas.................... 1.649 146.7 141.4 -10.7 -0.4 -7.2 -11.5 -3.6 10110 Gas-natural.......................... 1.481 140.3 134.4 -12.0 -0.6 -8.1 -12.6 -4.2 11 Paper & paper base stocks........................ 0.817 110.7 110.8 -2.0 0.2 -0.5 0.5 0.1 12 Materials associated with nondurable supplies & materials...................... 4.526 126.4 126.5 3.9 0.2 0.8 0.0 0.1 13 Selected building materials...................... 1.924 116.1 116.2 0.3 1.7 3.3 -0.6 0.1 14 Unfinished metals related to durable goods....... 4.722 215.3 208.8 7.4 1.2 -2.1 0.1 -3.0 15 Finished metals related to durable goods......... 1.756 136.1 133.7 4.1 0.5 0.1 1.7 -1.8 16 Nonmetals related to durable goods............... 1.570 102.1 102.5 1.2 -0.1 0.5 0.0 0.4 2 CAPITAL GOODS.......................................... 21.346 91.8 91.8 0.5 0.2 0.3 0.2 0.0 20 Electric generating equipment.................... 2.624 106.4 106.3 3.5 0.5 0.1 0.6 -0.1 21 Nonelectrical machinery.......................... 17.062 87.6 87.6 -0.2 0.2 0.2 0.2 0.0 22 Transportation equipment excluding motor vehicles (Dec. 2001=100)............ 1.661 113.5 113.5 4.8 0.1 2.2 0.1 0.0 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES................... 13.607 105.0 105.2 1.1 0.1 0.1 0.2 0.2 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES..................................... 23.189 101.8 102.0 1.5 0.1 0.2 0.2 0.2 40 Nondurables, manufactured........................ 10.738 104.9 105.1 2.0 0.0 0.5 0.1 0.2 41 Durables, manufactured........................... 11.295 98.4 98.5 0.7 0.1 0.1 0.1 0.1 42 Nonmanufactured consumer goods................... 1.157 103.4 103.5 3.0 0.2 0.5 0.3 0.1 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 2 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods September 2006-September 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. END Description 2006 2007 2007 2007 2007 USE August August September to to to to to 2007 2007 2007 Sept. June July Aug. Sept. 1/ 2007 2007 2007 2007 2007 ALL COMMODITIES............................................. 100.000 116.3 116.7 4.5 0.4 0.1 0.2 0.3 AGRICULTURAL COMMODITIES.................................... 8.622 150.6 156.7 23.3 2.7 1.6 1.1 4.1 NONAGRICULTURAL COMMODITIES................................. 91.379 113.8 113.8 2.9 0.2 -0.1 0.1 0.0 0 FOODS, FEEDS, & BEVERAGES................................. 7.842 151.4 157.9 22.6 2.4 0.4 1.5 4.3 00 Agricultural foods, feeds & beverages, excluding distilled beverages................ 7.144 153.8 160.9 24.6 2.7 0.3 1.5 4.6 01 Nonagricultural foods (fish, distilled beverages)... 0.698 131.7 132.4 5.1 -1.0 1.2 1.2 0.5 1 INDUSTRIAL SUPPLIES & MATERIALS........................... 30.055 148.8 148.7 6.6 0.5 -0.3 0.1 -0.1 INDUSTRIAL SUPPLIES & MATERIALS, DURABLE.......................................... 11.583 156.4 155.7 6.0 0.1 -3.2 0.4 -0.4 INDUSTRIAL SUPPLIES & MATERIALS, NONDURABLE....................................... 18.473 145.0 145.3 7.1 0.8 1.6 -0.1 0.2 10 Agricultural industrial supplies & materials........ 1.478 137.2 139.0 17.7 2.9 7.8 -1.2 1.3 NONAGRICULTURAL INDUSTRIAL SUPPLIES & MATERIALS.................................. 28.577 149.7 149.4 6.0 0.4 -0.7 0.2 -0.2 11 Fuels & lubricants.................................. 4.400 197.8 202.9 6.2 1.0 0.9 -2.5 2.6 12 Nonagricultural supplies & materials excluding fuels & building materials......... 23.065 145.7 144.7 6.2 0.3 -1.0 0.8 -0.7 13 Selected building materials......................... 1.112 114.1 114.3 3.9 0.5 0.2 0.0 0.2 2 CAPITAL GOODS............................................. 39.194 99.8 99.9 1.4 0.1 0.1 0.1 0.1 20 Electrical generating equipment..................... 3.671 106.7 106.8 1.6 0.1 0.1 0.1 0.1 21 Nonelectrical machinery............................. 28.389 93.1 93.2 0.6 0.0 0.2 0.0 0.1 22 Transportation equipment excluding motor vehicles (Dec. 2001=100)............... 7.134 123.0 123.2 4.7 0.3 0.3 0.2 0.2 3 AUTOMOTIVE VEHICLES, PARTS & ENGINES...................... 10.449 106.2 106.3 1.0 0.1 0.1 0.0 0.1 4 CONSUMER GOODS, EXCLUDING AUTOMOTIVES........................................ 12.461 106.2 106.2 2.1 0.1 0.3 0.1 0.0 40 Nondurables, manufactured........................... 5.942 107.2 107.1 3.2 0.3 0.3 0.2 -0.1 41 Durables, manufactured.............................. 5.446 104.1 104.2 1.1 -0.3 0.3 0.1 0.1 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 3 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods September 2006-September 2007 December 2005=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. NAICS Description 2006 2007 2007 2007 2007 August August September to to to to to 2007 2007 2007 Sept. June July Aug. Sept. 1/ 2007 2007 2007 2007 2007 Nonmanufactured articles...................................... 18.384 119.7 125.7 18.1 4.1 5.1 -0.8 5.0 11 AGRICULTURE AND LIVESTOCK PRODUCTS.................... 1.527 115.9 117.0 10.4 -1.5 2.9 0.2 0.9 111 Agricultural products............................. 1.072 117.3 119.4 16.8 -2.0 5.3 0.7 1.8 21 OIL, GAS, MINERALS AND ORES........................... 16.857 120.1 126.6 19.0 4.5 5.4 -0.9 5.4 212 Minerals and ores (Dec. 2006=100)................. 0.396 102.9 103.4 n.a. 0.4 0.3 0.1 0.5 Manufactured articles......................................... 81.036 106.0 106.0 2.7 0.5 0.5 -0.2 0.0 31 MANUFACTURED GOODS, PART 1............................ 10.241 104.5 105.2 4.0 0.4 0.5 0.3 0.7 311 Food and kindred products......................... 2.466 113.2 114.4 11.0 1.3 1.3 0.8 1.1 312 Beverages and tobacco products.................... 0.795 103.2 103.2 1.4 0.0 0.3 0.2 0.0 313 Textiles and fabrics.............................. 0.497 107.3 107.3 3.9 0.8 0.3 0.4 0.0 314 Textile mill products............................. 0.767 101.1 99.9 -0.8 0.1 0.3 0.2 -1.2 315 Apparel and accessories........................... 4.255 101.3 102.2 2.2 0.1 0.2 0.1 0.9 316 Leather and allied products....................... 1.460 102.0 102.9 2.0 -0.1 0.4 0.1 0.9 32 MANUFACTURED GOODS, PART 2............................ 17.854 109.7 110.1 6.0 1.5 1.7 -1.6 0.4 321 Wood products..................................... 1.237 94.9 94.7 -1.4 2.8 3.7 -0.8 -0.2 322 Paper............................................. 1.332 103.9 103.9 -1.4 0.2 -0.1 0.3 0.0 324 Petroleum and coal products....................... 4.499 115.2 117.6 10.0 3.5 2.3 -5.6 2.1 325 Chemicals......................................... 7.904 112.0 111.6 7.7 0.7 1.6 -0.3 -0.4 326 Plastics and rubber products...................... 1.668 104.1 104.3 1.1 0.0 0.6 0.2 0.2 327 Nonmetallic mineral products...................... 1.106 107.4 107.4 3.7 0.1 1.6 0.2 0.0 33 MANUFACTURED GOODS, PART 3............................ 52.941 105.1 104.8 1.5 0.3 -0.1 0.3 -0.3 331 Primary metals.................................... 5.562 148.6 144.0 6.6 1.0 -2.1 0.3 -3.1 332 Fabricated metal products, nesoi.................. 2.541 109.6 109.1 4.1 0.4 0.6 0.6 -0.5 333 Machinery, except electrical...................... 6.635 106.2 106.3 3.8 0.6 0.2 0.4 0.1 334 Computer and electronic products.................. 13.936 94.9 94.9 -2.8 -0.1 -0.1 0.2 0.0 335 Electrical equipment, appliances, and components.. 3.643 107.3 107.3 4.0 0.4 0.4 0.6 0.0 336 Transportation equipment.......................... 14.361 101.7 101.9 1.4 0.2 0.3 0.1 0.2 337 Furniture and fixtures............................ 1.451 101.7 101.8 1.2 0.2 0.3 0.1 0.1 339 Miscellaneous manufactured commodities............ 4.813 106.2 106.3 2.1 0.3 0.0 0.0 0.1 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 4 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods September 2006-September 2007 December 2005=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. NAICS Description 2006 2007 2007 2007 2007 August August September to to to to to 2007 2007 2007 Sept. June July Aug. Sept. 1/ 2007 2007 2007 2007 2007 Nonmanufactured articles...................................... 6.241 118.3 124.7 22.7 1.5 1.6 0.6 5.4 11 AGRICULTURE AND LIVESTOCK PRODUCTS.................... 4.710 129.5 139.2 32.3 2.8 3.8 1.1 7.5 111 Agricultural products............................. 4.294 131.8 142.4 35.4 3.3 4.1 1.2 8.0 21 OIL, GAS, MINERALS AND ORES........................... 1.531 93.5 92.4 -1.4 -2.0 -4.2 -1.1 -1.2 211 Oil and gas....................................... 0.472 82.9 84.6 1.4 -6.3 -10.4 -3.5 2.1 212 Minerals and ores................................. 1.059 99.3 96.7 -1.6 0.4 -1.0 0.1 -2.6 Manufactured articles......................................... 90.910 106.3 106.3 3.1 0.4 0.4 0.2 0.0 31 MANUFACTURED GOODS, PART 1............................ 6.849 111.5 111.8 9.6 1.2 0.5 0.9 0.3 311 Food and kindred products......................... 4.292 119.6 120.4 15.4 1.9 1.0 1.3 0.7 312 Beverages and tobacco products.................... 0.484 102.2 102.2 2.0 0.1 -0.3 0.1 0.0 313 Textiles and fabrics.............................. 0.960 98.5 98.4 1.5 0.0 0.0 0.1 -0.1 315 Apparel and accessories........................... 0.553 100.5 100.5 0.4 0.1 0.0 0.0 0.0 32 MANUFACTURED GOODS, PART 2............................ 23.051 111.7 111.8 5.2 0.7 1.1 0.3 0.1 321 Wood products..................................... 0.565 111.1 111.2 6.9 1.2 0.5 -0.1 0.1 322 Paper............................................. 2.120 110.8 111.0 3.5 0.2 0.9 0.4 0.2 324 Petroleum and coal products....................... 2.541 122.7 128.0 11.6 2.8 2.9 -4.7 4.3 325 Chemicals......................................... 14.556 111.7 110.8 4.8 0.5 1.0 1.3 -0.8 326 Plastics and rubber products...................... 2.317 105.2 105.6 2.3 0.6 0.5 0.5 0.4 327 Nonmetallic mineral products...................... 0.846 106.3 106.2 3.5 -0.4 0.7 -1.0 -0.1 33 MANUFACTURED GOODS, PART 3............................ 61.010 103.8 103.8 1.7 0.1 0.1 0.1 0.0 331 Primary metals.................................... 4.208 125.1 123.5 2.8 0.4 -1.7 0.0 -1.3 332 Fabricated metal products, nesoi.................. 2.804 112.6 112.8 5.7 0.0 0.2 -0.2 0.2 333 Machinery, except electrical...................... 12.184 106.0 106.0 3.5 0.1 0.6 0.4 0.0 334 Computer and electronic products.................. 16.991 96.2 96.3 -1.7 0.0 -0.2 -0.1 0.1 335 Electrical equipment, appliances, and components.. 3.589 104.6 105.1 3.5 0.2 0.4 0.1 0.5 336 Transportation equipment.......................... 16.444 104.3 104.5 2.4 0.2 0.1 0.1 0.2 339 Miscellaneous manufactured commodities............ 4.448 104.3 104.4 2.1 0.2 0.5 0.1 0.1 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 5 U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods September 2006-September 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Sept. May June July Aug. nized Description 2006 2007 2007 2007 2007 System August August September to to to to to 2007 2007 2007 Sept. June July Aug. Sept. 1/ 2007 2007 2007 2007 2007 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.193 129.2 128.6 6.2 0.8 0.7 0.7 -0.5 02 Meat and edible meat offal.......................... 0.311 149.0 148.0 5.4 0.6 0.7 0.7 -0.7 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.590 101.5 101.8 2.8 -0.4 1.2 0.1 0.3 II VEGETABLE PRODUCTS........................................ 1.182 134.5 140.0 17.2 -0.2 3.4 0.6 4.1 07 Edible vegetables, roots, and tubers................ 0.340 203.2 198.6 22.8 -7.4 15.7 0.1 -2.3 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.334 89.4 100.9 15.1 2.5 -3.3 1.7 12.9 09 Coffee, tea, mate and spices........................ 0.244 144.4 146.8 15.2 5.3 0.3 1.2 1.7 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.041 125.3 126.0 5.8 0.6 0.6 0.2 0.6 20 Preparations of vegetables, fruit, nuts, or other parts of plants............... 0.260 121.9 128.1 8.9 0.8 -0.6 -0.4 5.1 22 Beverages, spirits, and vinegar..................... 0.767 111.4 111.3 0.6 0.3 -0.6 0.2 -0.1 V MINERAL PRODUCTS.......................................... 21.792 240.5 251.8 17.1 4.3 4.7 -1.8 4.7 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 21.401 240.2 251.7 17.2 4.3 4.7 -1.8 4.8 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 7.145 124.8 124.3 7.6 0.3 1.3 -0.5 -0.4 28 Inorganic chemicals................................. 0.995 227.0 220.7 38.0 2.4 5.8 -3.2 -2.8 29 Organic chemicals................................... 2.470 119.0 118.2 0.2 -1.6 -0.7 -0.5 -0.7 30 Pharmaceutical products............................. 1.974 109.1 109.2 3.1 0.3 0.9 0.5 0.1 32 Tanning & dyeing extracts; dye & pigments; varnish & paints; putty............ 0.175 103.1 103.3 1.9 0.1 0.6 0.9 0.2 33 Essential oils and resinoids (Dec. 2001=100)........ 0.407 114.1 114.3 4.6 0.1 0.3 0.0 0.2 38 Miscellaneous chemical products..................... 0.423 98.2 97.9 3.4 0.7 0.8 0.2 -0.3 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 2.894 122.7 122.9 0.7 0.1 0.7 0.2 0.2 39 Plastics and articles thereof....................... 1.878 120.0 120.3 0.5 0.3 1.1 -0.1 0.2 40 Rubber and articles thereof......................... 1.016 128.0 128.1 0.9 -0.2 -0.1 0.5 0.1 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.591 108.0 110.3 4.4 0.3 0.8 0.1 2.1 42 Articles of leather; travel goods, bags, etc. of various materials.................... 0.514 108.2 110.9 4.8 0.3 0.8 0.2 2.5 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 1.303 116.6 116.3 -1.8 2.4 3.6 -0.9 -0.3 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 1.520 108.4 108.5 -1.0 0.2 0.0 0.4 0.1 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.032 103.8 103.7 -3.0 -0.1 -0.1 0.1 -0.1 49 Printed matter...................................... 0.272 116.3 117.1 2.1 0.3 0.6 0.0 0.7 XI TEXTILE AND TEXTILE ARTICLES.............................. 5.333 102.4 102.8 1.8 0.1 0.1 0.2 0.4 61 Articles of apparel and clothing accessories, knitted or crocheted............ 1.898 100.6 100.5 0.4 0.0 0.1 0.1 -0.1 62 Articles of apparel and clothing accessories, not knitted or crocheted........ 2.155 101.5 103.1 3.5 0.1 0.1 0.2 1.6 63 Made-up or worn textile articles.................... 0.517 94.1 92.0 -2.6 0.0 0.2 0.0 -2.2 XII HEADGEAR, UMBRELLAS, ARTIFICIAL FLOWERS, ETC............................. 1.218 102.0 101.9 1.2 -0.2 0.5 0.0 -0.1 64 Footwear and parts of such articles................ 1.028 101.8 101.7 0.5 -0.2 0.5 0.0 -0.1 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.959 111.8 111.7 2.4 0.0 1.0 0.3 -0.1 68 Articles of stone, plaster, cement, asbestos, or mica (Dec. 2001=100)............ 0.333 103.9 103.3 0.0 0.0 1.2 0.0 -0.6 69 Ceramic products.................................... 0.305 118.8 119.6 5.5 -0.1 2.0 0.0 0.7 70 Glass and glassware................................. 0.320 111.8 111.8 2.0 0.3 -0.1 0.5 0.0 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 2.794 132.5 132.0 5.1 -0.4 -0.3 0.1 -0.4 XV BASE METALS AND ARTICLES OF BASE METAL.................... 6.668 174.3 169.9 4.8 1.3 -1.4 0.1 -2.5 72 Iron and steel...................................... 1.590 209.5 205.9 9.6 3.2 1.6 0.0 -1.7 73 Articles of iron or steel........................... 1.459 130.6 129.4 2.9 0.8 0.6 0.6 -0.9 74 Copper and articles thereof......................... 0.944 316.5 302.0 -1.5 0.5 -1.8 4.8 -4.6 76 Aluminum and articles thereof....................... 1.092 145.4 141.9 1.7 -0.7 -2.2 1.3 -2.4 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.349 108.2 108.3 1.1 -0.1 0.0 0.3 0.1 83 Miscellaneous articles of base metal................ 0.471 125.6 125.9 3.1 0.1 0.2 0.4 0.2 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE & SOUND RECORDERS, PARTS, ETC................. 23.990 88.3 88.3 0.2 0.1 0.2 0.3 0.0 84 Machinery and mechanical appliances; parts thereof.. 12.413 88.9 88.9 0.6 0.1 0.5 0.3 0.0 85 Electrical machinery and equip, sound and TV recorders & reproducers, parts........ 11.577 87.7 87.7 -0.1 0.2 0.0 0.2 0.0 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 12.462 106.2 106.4 1.3 0.2 0.2 0.1 0.2 87 Motor vehicles and their parts...................... 11.504 105.4 105.6 1.1 0.2 0.2 0.1 0.2 88 Aircraft, spacecraft, and parts thereof (Dec. 2002=100)...................... 0.848 109.2 109.3 2.3 0.1 0.1 0.1 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 2.927 99.4 99.5 0.0 0.2 -0.4 0.4 0.1 90 Optical, photographic, measuring and medical instruments.......................... 2.598 97.6 97.8 -0.3 0.3 -0.4 0.3 0.2 91 Clocks and watches and parts thereof................ 0.241 116.5 116.5 4.2 0.2 0.2 0.2 0.0 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 3.764 101.5 101.6 1.8 0.1 0.3 0.1 0.1 94 Furniture & stuffed furnishings; lamps & lighting fittings, nesoi; prefab bldg........ 2.138 104.9 105.0 1.3 0.1 0.2 0.1 0.1 95 Toys, games and sports equipment; parts and accessories thereof...................... 1.417 96.6 96.7 1.9 0.2 0.2 0.1 0.1 96 Miscellaneous manufactured articles................. 0.208 107.6 107.7 5.9 0.1 0.4 0.3 0.1 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 6 U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods September 2006-September 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly Harmo- ance Sept. May June July Aug. nized Description 2006 2007 2007 2007 2007 System August August September to to to to to 2007 2007 2007 Sept. June July Aug. Sept. 1/ 2007 2007 2007 2007 2007 I LIVE ANIMALS; ANIMAL PRODUCTS............................. 1.653 159.5 161.1 19.4 1.9 2.4 1.7 1.0 02 Meat & edible meat offal (Dec. 2006=100)............ 0.877 129.9 131.3 n.a. 4.6 1.8 2.3 1.1 03 Fish and crustaceans, molluscs and other aquatic invertebrates.................. 0.430 128.6 129.7 4.6 -1.3 1.8 1.7 0.9 II VEGETABLE PRODUCTS........................................ 4.297 165.3 178.3 33.2 3.0 2.5 1.2 7.9 08 Edible fruit and nuts; peel of citrus fruit or melons.............................. 0.666 119.5 122.1 3.0 -2.3 -2.1 3.9 2.2 10 Cereals............................................. 1.856 179.7 201.2 42.8 2.8 -2.5 2.9 12.0 12 Oilseeds and misc. grains, seeds, fruits, plants, straw and fodder............. 1.182 166.0 174.6 47.2 9.5 6.3 -0.8 5.2 IV PREPARED FOODSTUFFS, BEVERAGES, AND TOBACCO......................................... 2.297 121.4 122.4 7.6 0.0 -0.2 1.0 0.8 21 Miscellaneous edible preparations................... 0.436 115.9 115.8 6.5 -0.6 0.7 3.9 -0.1 23 Residues and waste from the food industries; prepared animal feed............. 0.487 144.5 150.4 18.9 0.8 0.8 0.2 4.1 V MINERAL PRODUCTS.......................................... 4.305 237.7 242.5 8.5 0.7 0.5 -2.9 2.0 27 Mineral fuels, oils and residuals, bituminous substances and mineral wax........ 3.573 224.1 231.3 9.9 0.9 0.7 -3.4 3.2 VI PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES...................................... 12.055 133.1 131.6 5.2 0.6 1.1 1.2 -1.1 28 Inorganic chemicals................................. 1.216 165.9 170.6 7.4 2.4 3.6 3.2 2.8 29 Organic chemicals................................... 3.879 149.7 143.6 0.6 0.5 -0.3 2.3 -4.1 30 Pharmaceutical products............................. 2.509 114.8 114.7 4.3 0.4 0.4 0.2 -0.1 32 Tanning or dyeing extracts, dyes, paints, varnish, putty, & inks............... 0.594 114.4 114.2 4.0 1.2 1.0 -1.6 -0.2 33 Essential oils and resinoids; perfumery, cosmetic or toilet................ 0.684 117.9 117.8 3.1 0.2 0.4 0.4 -0.1 34 Soap; lubricants; waxes, polishing or scouring products; candles, pastes........... 0.424 116.6 115.9 7.0 0.5 0.4 4.2 -0.6 38 Miscellaneous chemical products..................... 1.667 119.6 119.8 6.7 0.3 0.0 -0.1 0.2 VII PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF............................ 5.496 132.8 133.1 1.9 0.4 0.5 0.6 0.2 39 Plastics and articles thereof....................... 4.403 128.7 129.1 1.1 0.3 0.6 0.7 0.3 40 Rubber and articles thereof......................... 1.093 150.3 149.7 5.3 0.6 0.5 0.3 -0.4 VIII RAW HIDES, SKINS, LEATHER, FURSKINS, TRAVEL GOODS, ETC............................... 0.460 119.1 119.1 1.0 -1.0 -2.9 0.0 0.0 IX WOOD, WOOD CHARCOAL, CORK, STRAW, BASKETWARE AND WICKERWORK....................... 0.720 112.2 112.9 4.2 0.5 -0.4 -0.8 0.6 X WOODPULP, RECOVERED PAPER, AND PAPER PRODUCTS...................................... 2.706 112.1 112.6 5.0 0.6 1.1 0.3 0.4 47 Woodpulp and recovered paper........................ 0.677 115.8 117.5 15.6 2.2 2.7 0.1 1.5 48 Paper and paperboard; articles of paper pulp, paper or paperboard.................... 1.447 109.2 109.5 2.6 -0.3 0.6 0.3 0.3 49 Printed material.................................... 0.582 118.5 118.3 0.3 1.0 0.5 0.3 -0.2 XI TEXTILE AND TEXTILE ARTICLES.............................. 2.450 103.9 104.6 3.0 1.1 2.2 -0.2 0.7 52 Cotton, including yarns and woven fabrics thereof... 0.682 98.1 101.0 9.3 2.6 7.7 -1.4 3.0 XIII STONE, PLASTER, CEMENT, ASBESTOS, CERAMICS, GLASS ETC................................. 0.810 110.3 110.3 6.0 0.8 0.1 0.1 0.0 70 Glass and glassware................................. 0.438 99.2 99.1 3.8 0.8 0.6 0.1 -0.1 XIV PEARLS, STONES, PRECIOUS METALS, IMITATION JEWELRY, AND COINS........................ 3.408 156.8 156.9 13.6 -0.2 -6.0 2.5 0.1 XV BASE METALS AND ARTICLES OF BASE METALS................... 5.932 164.6 162.9 3.3 0.4 -1.9 -0.8 -1.0 72 Iron and steel...................................... 1.495 194.4 197.3 7.6 1.7 -4.6 -2.6 1.5 73 Articles of iron or steel........................... 1.440 147.6 147.9 7.1 0.0 -0.2 -0.4 0.2 74 Copper and articles thereof......................... 0.694 248.5 240.2 -4.0 0.6 0.4 1.5 -3.3 76 Aluminum and articles thereof....................... 1.032 147.5 141.0 0.9 -0.8 -1.9 0.6 -4.4 82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof.......... 0.405 115.1 115.1 3.4 0.0 0.4 0.0 0.0 83 Miscellaneous articles of base metal................ 0.405 128.0 128.1 2.9 0.2 0.2 0.1 0.1 XVI MACHINERY, ELECTRICAL EQUIPMENT, TV IMAGE AND SOUND RECORDERS, PARTS, ETC............... 31.657 94.4 94.5 0.9 0.0 0.1 0.0 0.1 84 Machinery and mechanical appliances; parts thereof.. 18.161 102.9 102.9 0.8 0.1 0.1 0.1 0.0 85 Electrical machinery and equipment and parts and accessories thereof............ 13.496 85.1 85.3 0.8 -0.1 0.0 -0.1 0.2 XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT...................... 13.713 114.1 114.3 2.1 0.3 0.2 0.1 0.2 87 Motor vehicles and their parts...................... 8.808 105.7 105.8 1.0 0.0 0.1 0.0 0.1 XVIII OPTICAL, PHOTO, MEASURING, MEDICAL & MUSICAL INSTRUMENTS; & TIMEPIECES................... 6.171 103.9 103.9 1.5 0.0 0.2 0.4 0.0 XX MISCELLANEOUS MANUFACTURED ARTICLES....................... 1.450 105.4 105.4 3.6 0.1 0.4 0.3 0.0 94 Furniture; stuffed furnishings; lamps and lighting fittings nesoi;........... 0.794 113.6 113.2 5.3 -0.1 0.4 0.2 -0.4 95 Toys, games and sports equipment; parts and accessories thereof...................... 0.491 91.1 91.5 -3.9 0.6 0.6 0.6 0.4 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 7 U.S. Import Price Indexes and Percent Changes by Locality of Origin September 2006-September 2007 2000=100, unless otherwise noted Index Percent Change Annual Monthly Percentage Sept. May June July Aug. Description of 2006 2007 2007 2007 2007 U.S. August September to to to to to Imports 2007 2007 Sept. June July Aug. Sept. 1/ 2007 2007 2007 2007 2007 2/ Industrialized Countries............................ 44.813 120.7 121.1 3.5 0.8 0.6 0.2 0.3 Nonmanufactured articles....................... 4.582 200.3 207.1 12.7 2.2 0.8 0.5 3.4 Manufactured articles.......................... 39.766 114.5 114.4 2.3 0.6 0.6 0.3 -0.1 3/ Other Countries..................................... 55.187 120.3 121.7 6.8 1.5 1.8 0.2 1.2 Nonmanufactured articles....................... 11.023 236.8 249.7 22.0 4.7 7.1 0.2 5.4 Manufactured articles.......................... 43.965 103.8 103.6 2.4 0.5 0.1 0.1 -0.2 Canada.............................................. 17.052 136.1 136.6 5.3 1.1 0.4 0.4 0.4 Nonmanufactured articles....................... 3.871 193.7 197.4 7.8 1.0 -0.4 -0.7 1.9 Manufactured articles.......................... 12.851 125.4 125.4 4.6 1.1 0.6 0.7 0.0 4/ European Union...................................... 17.908 122.0 122.2 1.4 0.4 0.4 -0.1 0.2 Nonmanufactured articles....................... 0.389 252.9 269.9 22.7 6.0 7.9 -0.1 6.7 Manufactured articles.......................... 17.406 119.6 119.7 1.1 0.2 0.3 0.1 0.1 France (Dec. 2003=100).............................. 1.888 109.6 109.7 5.4 -1.5 1.8 0.3 0.1 Germany (Dec. 2003=100)............................. 5.008 108.5 108.5 3.4 0.2 0.3 0.6 0.0 United Kingdom (Dec. 2003=100)...................... 2.845 121.7 122.9 3.3 0.8 1.6 -0.6 1.0 5/ Latin America....................................... 17.619 150.0 152.1 8.5 1.5 2.5 0.1 1.4 Nonmanufactured articles....................... 4.822 244.8 256.8 24.8 4.2 8.6 0.2 4.9 Manufactured articles.......................... 12.721 131.0 130.6 1.7 0.4 -0.2 -0.1 -0.3 Mexico (Dec. 2003=100).............................. 10.163 129.2 132.8 9.8 1.9 1.6 0.8 2.8 6/ Pacific Rim (Dec. 2003=100)......................... 33.452 99.1 99.4 0.6 0.3 0.3 0.2 0.3 China (Dec. 2003=100)............................... 14.941 98.8 99.0 1.6 0.4 0.3 0.4 0.2 Japan............................................... 8.308 93.8 93.9 -0.5 0.1 -0.2 0.0 0.1 7/ Asian NICs.......................................... 6.124 88.8 88.9 -0.4 0.3 0.2 0.1 0.1 8/ ASEAN (Dec. 2003=100)............................... 5.993 97.1 97.3 -1.7 0.2 0.9 0.1 0.2 9/ Asia Near East (Dec. 2003=100)...................... 3.765 201.8 211.4 19.4 3.3 5.3 0.6 4.8 1 Percentage of trade figures are based on 2005 trade values. 2 Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa. 3 Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere. 4 Includes European Union countries. 5 Includes Mexico, Central America, South America and the Caribbean. 6 Includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and Asian Newly Industrialized Countries. 7 Asian Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan. 8 Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. 9 Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen. NOTES: Data may be revised in each of the three months after original publication. Regions are not mutually exclusive. n.a. Not available Table 8 U.S. International Price Indexes and Percent Changes for Selected Transportation Services September 2006-September 2007 2000=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Sept. May June July Aug. Description 2006 2007 2007 2007 2007 August August September to to to to to 2007 2007 2007 Sept. June July Aug. Sept. 1/ 2007 2007 2007 2007 2007 AIR FREIGHT Import Air Freight................................ 100.000 134.0 134.2 0.8 -0.2 0.0 1.3 0.1 Europe (Dec. 2003=100)....................... 28.479 135.2 134.5 2.0 -0.1 0.0 2.4 -0.5 Asia......................................... 60.629 115.6 116.3 0.7 -0.3 0.0 0.9 0.6 Export Air Freight................................ 100.000 118.2 119.5 1.4 -0.4 0.6 0.4 1.1 Europe (Dec. 2006=100)....................... 39.171 101.8 102.1 n.a. -0.5 0.6 0.8 0.3 Inbound Air Freight............................... 100.000 129.2 129.4 0.4 -0.2 0.0 1.5 0.2 Europe (Dec. 2003=100)....................... 30.309 130.1 129.3 1.9 -0.1 -0.2 2.4 -0.6 Asia......................................... 56.771 110.1 110.8 -0.1 -0.4 -0.1 1.2 0.6 Outbound Air Freight.............................. 100.000 116.2 116.9 0.0 0.0 0.5 1.1 0.6 Europe (Dec. 2003=100)....................... 41.941 131.4 131.3 -1.0 0.4 0.6 0.8 -0.1 Asia......................................... 40.478 105.9 105.7 -1.6 -0.2 0.2 1.2 -0.2 AIR PASSENGER FARES Import Air Passenger Fares........................ 100.000 149.6 140.1 7.0 13.4 3.3 0.1 -6.4 Europe....................................... 45.404 155.6 152.0 18.8 17.9 0.3 0.8 -2.3 Asia......................................... 25.546 140.4 118.7 5.1 16.7 5.8 -2.0 -15.5 Latin America/Caribbean...................... 11.421 123.4 120.9 1.8 0.4 5.6 0.7 -2.0 Export Air Passenger Fares........................ 100.000 160.1 154.6 8.6 -1.5 5.1 3.4 -3.4 Europe....................................... 32.416 202.5 187.6 7.3 -0.4 9.3 2.9 -7.4 Asia......................................... 32.357 132.3 126.7 10.8 -4.3 2.7 10.4 -4.2 Latin America/Caribbean...................... 18.933 164.2 168.6 10.0 -0.1 3.5 -3.2 2.7 Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000 142.0 134.1 8.2 -0.9 7.7 3.6 -5.6 Europe (Dec. 2003=100)....................... 40.932 151.3 135.1 6.7 0.2 12.1 3.1 -10.7 Asia (Dec. 2003=100)......................... 29.802 128.8 123.9 9.7 -3.9 3.2 10.8 -3.8 Latin America/Caribbean (Dec. 2003=100)...... 11.826 126.3 128.9 6.6 0.2 4.9 -3.2 2.1 Canada (Dec. 2003=100)....................... 7.511 178.4 180.7 11.0 3.6 1.9 1.8 1.3 Outbound Air Passenger Fares (Dec. 2003=100)...... 100.000 141.0 134.2 6.2 10.1 2.5 0.5 -4.8 Europe (Dec. 2003=100)....................... 42.128 159.5 154.6 14.5 16.7 0.6 0.8 -3.1 Asia (Dec. 2003=100)......................... 23.210 130.9 116.4 3.7 11.2 4.7 -0.3 -11.1 Latin America/Caribbean (Dec. 2003=100)...... 19.771 114.2 113.6 1.1 -0.2 1.8 0.5 -0.5 Canada (Dec. 2003=100)....................... 6.117 177.4 173.3 5.7 2.6 0.6 5.3 -2.3 CRUDE OIL TANKER FREIGHT 2/ Inbound Crude Oil Tanker Freight.................. 100.000 n.a. n.a. n.a. -3.2 4.0 n.a. n.a. OCEAN LINER FREIGHT Inbound Ocean Liner Freight....................... 100.000 112.3 112.3 -1.7 -0.5 0.0 -0.2 0.0 U.S. East Coast.............................. 56.516 117.1 117.1 -1.7 0.1 -0.3 0.1 0.0 From Atlantic.......................... 24.509 114.9 114.9 -4.6 0.0 -0.1 0.0 0.0 From Pacific........................... 23.355 122.4 122.5 1.1 0.1 -0.4 0.2 0.1 U.S. West Coast.............................. 43.484 109.7 109.7 -1.7 -1.3 0.3 -0.5 0.0 1 Relative importance figures are based on 2005 trade values. 2 Publication of the Crude Oil Tanker Freight Indexes is lagged two months, as are the relative importance figures. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 9 U.S. Export Price Indexes and Percent Changes for Travel and Tourism Services August 2006-August 2007 December 2006=100, unless otherwise noted Index Percent Change Relative Import- Annual Monthly ance Aug. April May June July Description 2006 2007 2007 2007 2007 July July August to to to to to 2007 2007 2007 Aug. May June July Aug. 1/ 2007 2007 2007 2007 2007 Export Travel and Tourism............. 100.000 103.7 104.1 n.a. 0.0 -0.2 -1.3 0.4 From Europe...................... 39.554 104.1 104.6 n.a. -0.3 -0.6 -1.3 0.5 From Asia........................ 31.950 102.9 103.1 n.a. 0.7 0.8 -1.8 0.2 From Latin America/Caribbean..... 15.357 103.7 103.9 n.a. -0.5 -0.2 -1.1 0.2 From Canada...................... 8.763 104.8 104.9 n.a. -1.8 -0.9 -0.1 0.1 1 Relative importance figures are based on 2005 trade values. NOTES: Data may be revised in each of the three months after original publication. n.a. Not available Table 10 U.S. Export Price Indexes and Percent Changes for Postsecondary Education Services Academic Year 2001/02 to 2006/07 Academic Year 2001/02 = 100, unless otherwise noted Relative Index Annual Percent Change Import- ance Academic Year Academic Years Description Academic 2001/02 2002/03 2003/04 2004/05 2005/06 Year 2005/06 2006/07 to to to to to 2005/06 2002/03 2003/04 2004/05 2005/06 2006/07 1/ EXPORT POSTSECONDARY EDUCATION Tuition & Fees and Room & Board......... 100.000 128.8 135.1 6.5 7.5 7.0 5.1 4.9 Graduate............................. 53.006 128.5 134.6 6.4 7.4 7.0 5.1 4.7 Undergraduate........................ 46.994 129.0 135.7 6.6 7.7 6.8 5.2 5.2 Private.............................. 47.874 123.0 129.4 5.2 5.7 5.1 5.2 5.2 Public............................... 52.126 134.2 140.5 7.8 9.2 8.6 5.0 4.7 Tuition & Fees....................... 73.181 131.6 138.2 7.1 8.4 7.8 5.2 5.0 Graduate Tuition & Fees......... 38.417 131.4 137.7 7.0 8.3 7.8 5.2 4.8 Undergraduate Tuition & Fees.... 34.764 131.7 138.8 7.2 8.6 7.6 5.2 5.4 Private Tuition & Fees.......... 35.497 124.3 131.2 5.6 6.1 5.3 5.4 5.6 Public Tuition & Fees........... 37.686 138.7 145.1 8.7 10.7 9.8 5.0 4.6 Room & Board......................... 26.819 121.5 127.1 5.0 5.1 4.9 4.9 4.6 Graduate Room & Board........... 14.589 121.3 127.1 5.0 5.1 5.0 4.7 4.8 Undergraduate Room & Board...... 12.230 121.7 127.2 5.0 5.1 4.9 5.1 4.5 Private Room & Board............ 12.377 119.1 124.3 4.2 4.8 4.5 4.4 4.4 Public Room & Board............ 14.440 123.6 129.5 5.7 5.5 5.2 5.4 4.8 1 Relative importance figures are based on 2005/06 academic year trade values. TECHNICAL NOTE Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and are not seasonally adjusted. Price indexes for merchandise goods are reweighted annually, with a two-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 http://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, respectively, by end use for the Bureau of Economic Analysis System, industry for the North American Industry Classification System (NAICS), and product category for the Harmonized System (HS). While classification by end use and product category are self-explanatory, a couple of notes are in order for classifying items by industry. In the NAICS tables, for both imports and exports, items are classified by output industry, not input industry. As an example, NAICS import index 326 (plastics and rubber products) would include outputs such as manufactured plastic rather than inputs such as petroleum. The NAICS classification structure also matches the classification system used by the PPI to produce the NAICS primary products indexes. Import Price Indexes -- Products have been 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 Indexes -- Products have been 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 -- Price indexes for internationally traded services are presented using two definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and International (which represent transactions inbound to and outbound from the U.S.). The Air Passenger Fares Indexes are calculated from data collected from a commercial airline reservation system. These data exclude frequent flyer tickets and those sold by consolidators. The Crude Oil Tanker Freight Indexes are calculated from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two months. The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from companies. The Export Travel and Tourism Indexes are calculated from a subset of BLS Consumer Price Index data, and the publication of these indexes is lagged one month. The indexes are published by the country of residence of those traveling to the United States. Post-secondary Education Indexes are calculated from preliminary data collected by the U.S. Department of Education, and are calculated annually. Export post- secondary education refers to receipts from foreign students studying at U.S. institutions, including colleges, universities, and technical/professional schools. Fact sheets specifying detailed information for each services industry are available at http://www.bls.gov/mxp under "Publications and Other Documentation." Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for the Import Price Indexes. Beginning with January 2002, the indexes are defined by locality of origin using a nomenclature based upon the North American Industry Classification System (NAICS). Nonmanufactured goods are defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33. Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data may be revised in each of the three months after original publication. After three months, no further data revisions take place. So, for example, data released in the January release will be subject to revision in the releases for February, March, and April. 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 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 National Income and Product Accounts, while International indexes are more appropriate for market analysis. Merchandise and services indexes also can be used to study U.S. competitiveness and price elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade analysis. Mailing List -- If you wish to be added to the mailing list to receive a copy of the U.S. Import and Export Price Index News Release, please either call the IPP information line at (202) 691-7101 or send e-mail to (mxpinfo@bls.gov) to provide your name and mailing address. You may also contact the IPP at the following address: Division of International Prices Bureau of Labor Statistics PSB Building, Rm. 3955 2 Massachusetts Avenue, N.E. Washington, DC 20212-0001 The information you provide will be used to register you for delivery of selected publications. The Bureau of Labor Statistics (BLS) is authorized to request this information under 5 United States Code (USC) Section 301. Furnishing such information is voluntary; however, BLS may not be able to register you for the subscription service if you fail to do so. As part of helping us assess the quality of our customer service, BLS may contact subscribers with a customer service survey. In addition, the IPP news release is now available through an e-mail subscription service at (http://www.bls.gov/mxp) or (http://www.bls.gov/bls/newsrels.htm). Additional Information -- More detailed IPP data are available on the IPP home page at (http://www.bls.gov/mxp). Flat Files and the FTP server are available for users requiring access to either a large volume of time series data or other IPP-related documentation. The FTP site can be accessed at ftp://ftp.bls.gov. For technical assistance in using the BLS Internet site, send e-mail to (labstat.helpdesk@bls.gov). For IPP data requests, send e-mail to (mxpinfo@bls.gov). Information from this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.