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News Release Information

24-2112-DAL
Thursday, October 10, 2024

Contacts Technical information: Media contact:
  • (972) 850-4800

Consumer Price Index, Dallas-Fort Worth-Arlington area – September 2024

Area prices were down 0.4 percent in August and September, up 2.6 percent over the year

Prices in the Dallas-Fort Worth-Arlington area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), declined 0.4 percent for the two months ending in September 2024, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Michael Hirniak noted that the energy index decreased 7.4 percent, with the index for gasoline contributing most to the decline. The all items less food and energy index remained unchanged, while the food index rose 1.1 percent in August and September. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U increased 2.6 percent. The index for all items less food and energy advanced 3.1 percent over the year, and food prices rose 2.8 percent. Energy prices declined 3.1 percent, entirely the result of a decrease in the price of gasoline. (See chart 1 and table 1.)

Food

Food prices advanced 1.1 percent for the two months ending in September. The index for food away from home (restaurant, cafeteria, and vending purchases) rose 1.7 percent and the index for food at home (grocery store prices) increased 0.7 percent for the same period. Within the food at home category, the index for meats, poultry, fish, and eggs (+3.2 percent) led the rise. A decline in the index for other food at home (-1.4 percent) partially offset the increase.

Over the year, food prices advanced 2.8 percent. Prices for food away from home increased 3.9 percent since a year ago, and prices for food at home rose 2.0 percent. Over-the-year increases in the indexes for meats, poultry, fish, and eggs (+6.5 percent) and dairy and related products (+5.2 percent) contributed most to the rise in the food at home index.

Energy

The energy index fell 7.4 percent for the two months ending in September. The decrease was mainly due to lower prices for gasoline (-11.8 percent) but a decline in prices paid for electricity (-3.7 percent) also contributed. A 1.5-percent rise in the index for natural gas service partially offset the fall in the energy index over the two-month period.

From September 2023 to September 2024, energy prices decreased 3.1, entirely due to lower prices for gasoline (-16.2 percent). Prices paid for electricity rose 9.3 percent, and prices paid for natural gas service increased 14.8 percent during the past year.

All items less food and energy

The index for all items less food and energy was unchanged in the latest two-month period. Higher prices for apparel (+8.7 percent), public transportation, and household furnishings and operations (+1.6 percent) led advances. Index increases were entirely offset by lower prices for recreation (-1.4 percent), education and communication (-1.5 percent), and new and used motor vehicles (-0.7 percent).

Over the year, the index for all items less food and energy increased 3.1 percent. Components contributing most to the increase included owners’ equivalent rent of residence (+5.2 percent), rent of primary residence (+5.1 percent), and medical care services. Partly offsetting the increases were price decreases in new and used motor vehicles (-4.7 percent) and medical care commodities.

The November 2024 Consumer Price Index for the Dallas-Fort Worth-Arlington area is scheduled to be released on Wednesday, December 11, 2024.


Technical Note

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 Consumer Price Index for Dallas is published bi-monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. 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, TX, Core Based Statistical Area includes the counties of Collin, Dallas, Denton, Ellis, Hood, Hunt, Johnson, Kaufman, Parker, Rockwall, Somervell, Tarrant, and Wise in Texas.

Refer to the national CPI news release technical note or the Handbook of Methods for more information.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods,
Dallas-Fort Worth-Arlington, TX, September 2024 (1982-84=100 unless otherwise noted)
Item and Group Indexes Percent change from -
Jul.
2024
Aug.
2024
Sep.
2024
Sep.
2023
Jul.
2024
Aug.
2024

All items

299.767 - 298.653 2.6 -0.4 -

All items (1967 = 100)

940.351 - 936.856      

Food and beverages

333.761 - 337.195 2.6 1.0 -

Food

329.476 - 333.179 2.8 1.1 -

Food at home

271.992 271.452 273.869 2.0 0.7 0.9

Cereals and bakery products

312.397 319.578 319.425 -1.0 2.2 0.0

Meats, poultry, fish, and eggs

325.418 323.506 335.928 6.5 3.2 3.8

Dairy and related products

245.465 242.984 244.512 5.2 -0.4 0.6

Fruits and vegetables

227.758 229.181 228.137 -0.4 0.2 -0.5

Nonalcoholic beverages and beverage materials(1)

233.474 237.198 234.881 0.5 0.6 -1.0

Other food at home

266.823 261.475 263.008 0.5 -1.4 0.6

Food away from home

417.989 - 424.896 3.9 1.7 -

Alcoholic beverages

382.441 - 381.625 -0.6 -0.2 -

Housing

306.792 - 306.750 4.8 0.0 -

Shelter

346.478 347.550 346.626 5.0 0.0 -0.3

Rent of primary residence

370.481 371.316 371.323 5.1 0.2 0.0

Owners' equivalent rent of residences(2)

371.017 371.590 371.257 5.2 0.1 -0.1

Owners' equivalent rent of primary residence(2)

371.017 371.590 371.257 5.2 0.1 -0.1

Fuels and utilities

340.944 - 333.934 8.2 -2.1 -

Household energy

320.496 320.318 311.502 9.9 -2.8 -2.8

Energy services

317.486 317.308 308.425 10.3 -2.9 -2.8

Electricity

298.700 298.406 287.695 9.3 -3.7 -3.6

Utility (piped) gas service

329.451 329.993 334.391 14.8 1.5 1.3

Household furnishings and operations

136.827 - 138.970 -0.4 1.6 -

Apparel

118.153 - 128.414 5.1 8.7 -

Transportation

273.715 - 263.001 -2.3 -3.9 -

Private transportation

283.267 - 269.819 -2.4 -4.7 -

New and used motor vehicles(3)

126.679 - 125.784 -4.7 -0.7 -

New vehicles(1)

222.507 - 221.316 -2.8 -0.5 -

Used cars and trucks(1)

418.813 - 416.087 -6.2 -0.7 -

Motor fuel

300.432 286.112 264.993 -16.3 -11.8 -7.4

Gasoline (all types)

298.289 283.919 263.046 -16.2 -11.8 -7.4

Gasoline, unleaded regular(4)

286.936 272.650 252.042 -16.7 -12.2 -7.6

Gasoline, unleaded midgrade(4)(5)

320.124 306.294 285.495 -14.0 -10.8 -6.8

Gasoline, unleaded premium(4)

320.721 308.354 289.520 -12.7 -9.7 -6.1

Medical care

504.599 - 506.568 2.1 0.4 -

Recreation(3)

132.743 - 130.886 -0.4 -1.4 -

Education and communication(3)

139.630 - 137.524 1.0 -1.5 -

Tuition, other school fees, and childcare(1)

- - - - - -

Other goods and services

523.198 - 522.384 2.3 -0.2 -

Commodity and service group

Commodities

208.067 - 207.601 -1.6 -0.2 -

Commodities less food and beverages

157.225 - 155.416 -4.0 -1.2 -

Nondurables less food and beverages

202.829 - 198.527 -5.7 -2.1 -

Durables

120.463 - 120.444 -3.2 0.0 -

Services

388.020 - 386.261 4.9 -0.5 -

Special aggregate indexes

All items less shelter

278.117 - 276.399 1.2 -0.6 -

All items less medical care

289.606 - 288.362 2.7 -0.4 -

Commodities less food

162.604 - 160.809 -3.9 -1.1 -

Nondurables

260.841 - 260.060 -1.2 -0.3 -

Nondurables less food

210.651 - 206.540 -5.3 -2.0 -

Services less rent of shelter(2)

440.423 - 435.528 4.8 -1.1 -

Services less medical care services

372.110 - 369.839 4.9 -0.6 -

Energy

313.664 306.010 290.588 -3.1 -7.4 -5.0

All items less energy

304.484 - 304.911 3.1 0.1 -

All items less food and energy

300.693 - 300.589 3.1 0.0 -

(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: Thursday, October 10, 2024