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18-480-DAL
Wednesday, April 11, 2018

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Consumer Price Index, Dallas-Fort Worth-Arlington — March 2018

Area prices rise 0.5 percent in February and March, and up 2.9 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for Dallas-Fort Worth-Arlington rose 0.5 percent in February and March, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Stanley W. Suchman noted that a 0.6-percent increase in the index for all items less food and energy was the biggest factor in the two-month rise, though a 0.7-percent increase in energy costs also contributed. In contrast, food prices fell 0.5 percent in February and March. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)

During the year ended in March 2018, the all items CPI-U rose 2.9 percent. (See chart 1 and table 1.) The index for all items less food and energy increased 3.2 percent during the latest 12-month period.

Food

Food prices fell 0.5 percent in February and March, after edging up 0.1 percent in December and January. During the latest period, prices for food at home fell at a faster pace, down 1.0 percent, as prices for food away from home were unchanged.

From March 2017 to March 2018, total food prices declined 0.4 percent. This movement reflected the combined effects of a 2.9-percent decrease in prices for food at home and a 2.2-percent increase in prices for food away from home.

Energy

The energy index rose 0.7 percent in February and March, following two consecutive bimonthly declines. The current increase was entirely the result of a 2.5-percent rise in motor fuel costs. Partially offsetting the motor fuel advance were lower household energy costs, as prices for electricity and natural gas fell 1.8 percent and 0.6 percent, respectively.

During the year ended in March 2018, the energy index rose 5.2 percent. Higher motor fuel prices, up 9.4 percent, were the largest factor in the energy index rise, but a 13.0-percent increase in natural gas prices also played a role. In contrast, electricity prices fell 2.6 percent over the year.

All items less food and energy

The index for all items less food and energy rose 0.6 percent in February and March, after slipping 0.1 percent in December and January. The current advance was broad-based, but led by higher prices for recreation and shelter, up 3.8 percent and 0.6 percent, respectively. Two categories which had recorded two consecutive bimonthly price declines registered increases in February and March; apparel prices rose 3.6 percent and medical care costs increased 0.6 percent.

From March 2017 to March 2018, the index for all items less food and energy rose 3.2 percent. Higher shelter costs, up 5.4 percent, were responsible for the largest share of the annual increase. Another large contributor to the annual increase was recreation prices, which rose 5.3 percent. Countering a portion of these advances, education and communication costs were down 1.3 percent during the previous 12 months.

The May 2018 Consumer Price Index for All Items for Dallas-Fort Worth-Arlington is scheduled to be released Tuesday, June 12, 2018.


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 -
Jan.
2018
Feb.
2018
Mar.
2018
Mar.
2017
Jan.
2018
Feb.
2018

All items

229.132 - 230.272 2.9 0.5 -

All items (1967 = 100)

718.773 - 722.349      

Food and beverages

252.753 - 251.166 -0.3 -0.6 -

Food

246.691 - 245.461 -0.4 -0.5 -

Food at home

213.150 213.075 210.963 -2.9 -1.0 -1.0

Cereals and bakery products

254.351 - 263.028 - 3.4 -

Meats, poultry, fish, and eggs

242.470 - 240.950 - -0.6 -

Dairy and related products

196.465 - 193.708 - -1.4 -

Fruits and vegetables

200.879 - 191.863 - -4.5 -

Nonalcoholic beverages and beverage materials(1)

183.590 - 176.671 - -3.8 -

Other food at home

198.712 - 199.424 - 0.4 -

Food away from home

297.506 - 297.648 2.2 0.0 -

Alcoholic beverages

335.313 - 324.083 0.1 -3.3 -

Housing

220.283 - 220.437 4.3 0.1 -

Shelter

244.428 244.772 245.915 5.4 0.6 0.5

Rent of primary residence(2)

260.571 260.202 262.322 6.6 0.7 0.8

Owners' equivalent rent of residences(2)(3)

263.016 263.308 264.447 6.1 0.5 0.4

Owners' equivalent rent of primary residence(2)(3)

263.016 263.308 264.447 6.1 0.5 0.4

Fuels and utilities

227.096 - 224.645 2.5 -1.1 -

Household energy

201.925 202.531 198.694 0.3 -1.6 -1.9

Energy services(2)

198.374 199.026 195.244 0.2 -1.6 -1.9

Electricity(2)

182.932 182.932 179.671 -2.6 -1.8 -1.8

Utility (piped) gas service(2)

229.267 233.685 227.933 13.0 -0.6 -2.5

Household furnishings and operations

123.827 - 120.659 -2.8 -2.6 -

Apparel

109.788 - 113.790 2.1 3.6 -

Transportation

204.554 - 206.655 4.7 1.0 -

Private transportation

208.607 - 209.699 5.3 0.5 -

New and used motor vehicles(4)

106.787 - 106.975 - 0.2 -

New vehicles(1)

206.170 - 199.219 - -3.4 -

Used cars and trucks(1)

319.433 - 328.209 - 2.7 -

Motor fuel

216.559 212.540 221.874 9.4 2.5 4.4

Gasoline (all types)

215.067 210.917 220.429 9.3 2.5 4.5

Gasoline, unleaded regular(5)

206.333 202.207 211.596 9.1 2.6 4.6

Gasoline, unleaded midgrade(5)(6)

229.309 225.479 234.378 9.1 2.2 3.9

Gasoline, unleaded premium(5)

234.897 231.715 239.697 10.5 2.0 3.4

Motor vehicle insurance(1)

823.655 - 811.445 - -1.5 -

Medical care

431.091 - 433.810 0.4 0.6 -

Recreation(4)

112.932 - 117.248 5.3 3.8 -

Education and communication(4)

134.259 - 134.581 -1.3 0.2 -

Tuition, other school fees, and childcare(1)

1,239.830 - 1,238.524 - -0.1 -

Other goods and services

396.871 - 393.744 0.5 -0.8 -

Commodity and service group

Commodities

173.684 - 173.494 0.9 -0.1 -

Commodities less food and beverages

138.241 - 138.477 1.5 0.2 -

Nondurables less food and beverages

172.004 - 174.002 3.2 1.2 -

Durables

109.462 - 108.348 -0.5 -1.0 -

Services

283.258 - 285.673 4.1 0.9 -

Special aggregate indexes

All items less shelter

222.633 - 223.613 1.6 0.4 -

All items less medical care

219.319 - 220.383 3.1 0.5 -

Commodities less food

143.176 - 143.299 1.5 0.1 -

Nondurables

208.888 - 209.454 1.4 0.3 -

Nondurables less food

179.462 - 181.198 3.1 1.0 -

Services less rent of shelter(3)

336.295 - 340.088 2.5 1.1 -

Services less medical care services

268.229 - 270.555 4.5 0.9 -

Energy

210.986 209.064 212.416 5.2 0.7 1.6

All items less energy

234.774 - 235.907 2.7 0.5 -

All items less food and energy

232.672 - 234.147 3.2 0.6 -

Footnotes
(1) Indexes on a February 1978=100 base.
(2) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(3) Indexes on a December 1982=100 base.
(4) Indexes on a December 1997=100 base.
(5) Special index based on a substantially smaller sample.
(6) Index on a December 1993=100.

- Data not available. Note: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Wednesday, April 11, 2018