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19-1351-DAL
Tuesday, August 13, 2019

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Consumer Price Index, Dallas-Fort Worth-Arlington — July 2019

Area prices rise 0.6 percent in June and July; up 2.3 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for Dallas-Fort Worth-Arlington rose 0.6 percent in June and July, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Stanley W. Suchman noted that a 0.8-percent increase in the index for all items less food and energy was the biggest contributor in the two-month rise, led primarily by a rise in the shelter index. The energy index declined by 0.8 percent, somewhat countering these increases, while food remained unchanged in June and July. (Data in this report are not seasonally adjusted. Accordingly, short-term changes may reflect the impact of seasonal influences.)

During the year ending in July 2019, the all items CPI-U rose 2.3 percent, driven primarily by increases in all items less food and energy (+2.7 percent), but also by the food index (+2.4 percent). Declines in the index for energy continued for the second straight reporting period. (See chart 1 and table 1.)

Food

The food index remained unchanged in June and July after increasing 0.8 percent in April and May. The two sub-components balanced countering trends to the bimonthly food index as the index for food away from home increased 0.2 percent, while the index for food at home decreased 0.3 percent.

During the 12 months ending in July 2019, the food index was up 2.4 percent, the third consecutive reported increase over 2.0 percent. The gain reflected differing rates of increase among the sub-components. The index for food away from home climbed 4.7 percent over the year, while food at home (grocery prices) edged up slightly over the year (+0.2 percent).

Energy

The index for energy declined 0.8 percent in June and July, after climbing 6.1 percent in April and May. While motor fuel losses were the main contributor (-2.4 percent), increases in the index for natural gas (+11.9 percent) partially offset this decline.

The energy index fell 2.1 percent during the year ending in July 2019. This third consecutive annual decline was the result of lower prices for motor fuel and natural gas, down 2.9 and 8.9 percent, respectively. Partially countering this decrease, the electricity index edged up 0.2 percent during the previous 12 months.

All items less food and energy

The index for all items less food and energy rose 0.8 percent in June and July, after falling 0.2 percent in April and May. Advances in the index were led almost entirely by the rising costs of shelter, with owners’ equivalent rent of primary residence and rent of primary residence both experiencing gains, up 2.1 and 0.5 percent, respectively. Other contributors to the increase in the all items less food and energy index included medical care (+0.5 percent), education and communication (+0.7 percent), and other goods and services (+0.8 percent). Falling costs in recreation and transportation, with the exception of a 2.2-percent increase in the index for used cars and trucks, slightly offset these increases.

From July 2018 to July 2019, the index for all items less food and energy rose 2.7 percent. Similar to the bimonthly trend, the index for shelter was up 4.1 percent, and was responsible for a majority of the annual rise. Increases in the index for medical care (+3.2 percent) also contributed, while apparel’s 6.7-percent increase, although relatively small in contribution, was its largest since September 2006.

The September 2019 Consumer Price Index for All Items for Dallas-Fort Worth-Arlington is scheduled to be released Thursday, October 10, 2019.


Technical Note

The Consumer Price Index for Dallas-Fort Worth-Arlington is published bi-monthly. The Consumer Price Index (CPI) is a measure of the average change in prices over time in a fixed market basket of goods and services. The Bureau of Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI-U) which covers approximately 93 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total population. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, and retirees and others not in the labor force.

The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. Each month, prices are collected in 75 urban areas across the country from about 5,000 housing units and approximately 22,000 retail establishments--department stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments. All taxes directly associated with the purchase and use of items are included in the index.

The index measures price changes from a designated reference date (1982-84) that equals 100.0. An increase of 16.5 percent, for example, is shown as 116.5. This change can also be expressed in dollars as follows: the price of a base period "market basket" of goods and services in the CPI has risen from $10 in 1982-84 to $11.65. For further details, see the CPI home page on the Internet at www.bls.gov/cpi and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at www.bls.gov/opub/hom/pdf/homch17.pdf.

In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the spending of the appropriate population group. Local data are then combined to obtain a U.S. city average. Because the sample size of a local area is smaller, the local area index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national index, although their long-term trends are quite similar. NOTE: Area indexes do not measure differences in the level of prices between cities; they only measure the average change in prices for each area since the base period.

The Dallas-Fort Worth-Arlington, Texas, Core Based Statistical Area includes Collin, Dallas, Denton, Ellis, Hood, Hunt, Johnson, Kaufman, Parker, Rockwall, Somervell, Tarrant, and Wise Counties.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods,
Dallas-Fort Worth-Arlington, TX (1982-84=100 unless otherwise noted)
Item and Group Indexes Percent change from -
May
2019
Jun.
2019
Jul.
2019
Jul.
2018
May
2019
Jun.
2019

All items

237.485 - 238.891 2.3 0.6 -

All items (1967 = 100)

744.978 - 749.389      

Food and beverages

257.955 - 258.538 2.6 0.2 -

Food

252.480 - 252.391 2.4 0.0 -

Food at home

212.370 211.021 211.830 0.2 -0.3 0.4

Cereals and bakery products

263.247 - 259.782 3.6 -1.3 -

Meats, poultry, fish, and eggs

243.236 - 236.796 -3.1 -2.6 -

Dairy and related products

191.188 - 189.667 3.7 -0.8 -

Fruits and vegetables

192.069 - 193.401 -4.9 0.7 -

Nonalcoholic beverages and beverage materials(1)

182.188 - 184.898 3.8 1.5 -

Other food at home

200.702 - 202.821 2.0 1.1 -

Food away from home

312.850 - 313.411 4.7 0.2 -

Alcoholic beverages

321.877 - 341.438 8.5 6.1 -

Housing

228.109 - 231.993 3.1 1.7 -

Shelter

254.749 257.774 260.098 4.1 2.1 0.9

Rent of primary residence

273.876 274.742 275.319 2.8 0.5 0.2

Owners' equivalent rent of residences(2)

274.250 276.922 279.916 4.8 2.1 1.1

Owners' equivalent rent of primary residence(2)

274.250 276.922 279.916 4.8 2.1 1.1

Fuels and utilities

242.316 - 244.746 1.3 1.0 -

Household energy

214.057 214.515 217.260 -1.1 1.5 1.3

Energy services

210.442 210.986 213.667 -1.0 1.5 1.3

Electricity

206.343 206.635 206.634 0.2 0.1 0.0

Utility (piped) gas service

168.327 170.226 188.408 -8.9 11.9 10.7

Household furnishings and operations

118.406 - 117.747 -2.0 -0.6 -

Apparel

109.881 - 109.784 6.7 -0.1 -

Transportation

215.174 - 213.689 0.2 -0.7 -

Private transportation

218.007 - 217.458 -0.3 -0.3 -

New and used motor vehicles(3)

108.645 - 109.512 0.5 0.8 -

New vehicles(1)

208.836 - 205.751 1.0 -1.5 -

Used cars and trucks(1)

326.043 - 333.369 0.9 2.2 -

Motor fuel

248.740 229.529 242.815 -2.9 -2.4 5.8

Gasoline (all types)

247.453 228.164 241.660 -2.8 -2.3 5.9

Gasoline, unleaded regular(4)

237.949 218.968 232.180 -2.9 -2.4 6.0

Gasoline, unleaded midgrade(4)(5)

260.639 243.377 257.887 -2.2 -1.1 6.0

Gasoline, unleaded premium(4)

265.511 248.448 260.430 -1.9 -1.9 4.8

Motor vehicle insurance(1)

783.304 - 782.720 -2.2 -0.1 -

Medical care

451.533 - 453.839 3.2 0.5 -

Recreation(3)

123.646 - 120.154 1.2 -2.8 -

Education and communication(3)

131.659 - 132.533 -1.6 0.7 -

Tuition, other school fees, and childcare(1)

1,264.443 - 1,275.729 2.4 0.9 -

Other goods and services

414.747 - 417.921 3.6 0.8 -

Commodity and service group

Commodities

178.699 - 178.318 1.7 -0.2 -

Commodities less food and beverages

142.850 - 142.212 1.2 -0.4 -

Nondurables less food and beverages

180.944 - 179.171 0.9 -1.0 -

Durables

110.667 - 110.908 1.5 0.2 -

Services

294.842 - 297.962 2.6 1.1 -

Special aggregate indexes

All items less shelter

230.085 - 229.638 1.3 -0.2 -

All items less medical care

227.097 - 228.458 2.2 0.6 -

Commodities less food

147.698 - 147.252 1.3 -0.3 -

Nondurables

216.483 - 215.640 1.8 -0.4 -

Nondurables less food

188.079 - 186.759 1.2 -0.7 -

Services less rent of shelter(2)

349.421 - 348.870 0.9 -0.2 -

Services less medical care services

278.688 - 281.819 2.4 1.1 -

Energy

234.155 223.850 232.378 -2.1 -0.8 3.8

All items less energy

241.921 - 243.642 2.7 0.7 -

All items less food and energy

240.006 - 241.988 2.7 0.8 -

Footnotes
(1) Indexes on a February 1978=100 base.
(2) Indexes on a December 1982=100 base.
(3) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Index on a December 1993=100.

- Data not available.

 

Last Modified Date: Tuesday, August 13, 2019