First rise in consumer durables prices since 1996
May 03, 2005
Durable commodities prices paid by consumers increased 0.4 percent in 2004, after decreasing 4.3 percent in 2003. The 2004 advance was the first increase in durables prices since 1996.
Durables include items such as vehicles, furniture and bedding, and computers.
Used car and truck prices rose 4.8 percent in 2004, after decreasing 11.8 percent in 2003. Prices of leased cars and trucks decreased 4.2 percent in 2004, following an 11.8-percent decrease in the prior year. New vehicle prices increased 0.6 percent in 2004, the first increase since 1996.
Furniture and bedding prices declined 0.2 percent in 2004. Prices for personal computers and peripheral equipment dropped by 14.2 percent.
These data are from the BLS Consumer Price Index program. Annual percent changes are December-to-December changes. For additional information on consumer price changes in 2004, see "Consumer price index, 2004," by Todd Wilson, Monthly Labor Review, April 2005.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, First rise in consumer durables prices since 1996 on the Internet at https://www.bls.gov/opub/ted/2005/may/wk1/art02.htm (visited May 24, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.