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Producer Price Indexes
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PPI Industry Net Output Ratios to be Updated with 2017 Input-Output Data
Effective with the release of June 2024 Producer Price Index (PPI) data on July 12, 2024, the Bureau of Labor Statistics will update the net output ratios used to calculate PPI industry indexes based on the North American Industry Classification System (NAICS). With this update, net output ratios will be based on 2017 Input-Output Account data from the Bureau of Economic Analysis (BEA) of the U.S. Department of Commerce. Net output ratios represent the proportion of an industry's or industry grouping’s output consumed outside its respective area. Previously, net output ratios for calculating NAICS-based PPIs reflected values from BEA's 2012 Input-Output Accounts. This update does not affect Final Demand-Intermediate Demand or Commodity indexes from the PPI.
Further information on this update is available from the PPI Section of Index Analysis and Public Information, at ppi-info@bls.gov or (202) 691-7705.
Last Modified Date: April 11, 2024