Prices of goods from Canada fall in February
March 16, 2001
Import prices for goods from Canada fell 0.9 percent in February, after having risen 6.9 percent over December and January. The decline was only the third monthly decrease in this index in the past two years.
The price index of imports from the Asian Newly Industrialized Countries also decreased in February, falling 0.5 percent. Import prices for goods from Japan declined 0.4 percent in February, paralleling the increase in the value of the U.S. dollar versus the yen.
The price index for imports from Latin America was unchanged in February. Import prices from the European Union were up 0.7 percent in February, reflecting the strengthening of the euro versus the U.S. dollar. This was the first increase in this index since July.
These data are produced by the BLS International Price program. Learn more in "U.S. Import and Export Price Indexes - February 2001," news release USDL 01-63. The Asian Newly Industrialized Countries include Hong Kong, Singapore, South Korea, and Taiwan. Latin America includes Mexico, Central America, South America, and the Caribbean. Note: import price data are subject to revision in each of the three months after original publication.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Prices of goods from Canada fall in February on the Internet at https://www.bls.gov/opub/ted/2001/mar/wk2/art05.htm (visited September 27, 2020).
Recent editions of Spotlight on Statistics
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.