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Wednesday, December 11, 2024
Prices in the Dallas-Fort Worth-Arlington area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.1 percent for the two months ending in November 2024, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Michael Hirniak noted that the all items less food and energy index rose 0.3 percent. The energy index advanced 1.1 percent, largely due to a rise in the price of electricity. The food index declined 0.9 percent in October and November. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)
The CPI-U increased 1.9 percent for the 12 months ending November, after rising 2.6 percent in the 12 months ending September. The index for all items less food and energy rose 2.0 percent over the year, and food prices advanced 1.1 percent. Energy prices were up 2.0 percent, mainly the result of an increase in the price of electricity. (See chart 1 and table 1.)
FoodFood prices declined 0.9 percent for the two months ending in November. Prices for food at home (grocery store prices) fell 2.1 percent, while prices for food away from home (restaurant, cafeteria, and vending purchases) rose 0.5 percent for the same period. Within the food at home category, the index for meats, poultry, fish, and eggs (-4.4 percent) and fruits and vegetables (-5.2 percent) were the largest contributors to the decline in the index.
Over the year, food prices advanced 1.1 percent. Prices for food away from home rose 3.9 percent since a year ago, while prices for food at home declined 1.1 percent. An over-the-year decrease in prices paid for fruits and vegetables (-8.6 percent) led the decline in the food at home index.
EnergyThe energy index rose 1.1 percent for the two months ending in November. The increase was mainly due to higher prices for electricity (+6.2 percent), but a rise in the index for natural gas service (+8.4 percent) also contributed. Prices paid for gasoline fell 4.6 percent for the same period.
From November 2023 to November 2024, energy prices advanced 2.0 percent, largely due to higher prices for electricity (+7.5 percent). Prices paid for natural gas service increased 10.4 percent, while prices for gasoline declined 4.2 percent during the past year.
All items less food and energyThe index for all items less food and energy rose 0.3 percent in the latest two-month period. Higher prices for owners’ equivalent rent of residence (+0.4 percent), public transportation, and recreation (+1.2 percent) led the advances. Declining prices for apparel (-9.0 percent) and education and communication (-2.7 percent) largely offset increases to the index.
Over the year, the index for all items less food and energy rose 2.0 percent. Components contributing to the increase included shelter (+3.8 percent) and medical care services. Partly offsetting the increases were price decreases in new and used motor vehicles (-4.4 percent) and medical care commodities.
The January 2025 Consumer Price Index for the Dallas-Fort Worth-Arlington area is scheduled to be released on Wednesday, February 12, 2025.
With the publication of January 2025 data in February 2025, several indexes and average price series will be discontinued, and one index title will change.
The following CPI indexes will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:
The following CPI average price series will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:
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.
Item and Group | Indexes | Percent change from - | ||||
---|---|---|---|---|---|---|
Sep. 2024 |
Oct. 2024 |
Nov. 2024 |
Nov. 2023 |
Sep. 2024 |
Oct. 2024 |
|
All items |
298.653 | - | 299.096 | 1.9 | 0.1 | - |
All items (1967 = 100) |
936.856 | - | 938.248 | |||
Food and beverages |
337.195 | - | 334.416 | 1.1 | -0.8 | - |
Food |
333.179 | - | 330.205 | 1.1 | -0.9 | - |
Food at home |
273.869 | 272.671 | 268.190 | -1.1 | -2.1 | -1.6 |
Cereals and bakery products |
319.425 | 315.268 | 315.070 | -1.5 | -1.4 | -0.1 |
Meats, poultry, fish, and eggs |
335.928 | 330.895 | 321.028 | 1.7 | -4.4 | -3.0 |
Dairy and related products |
244.512 | 241.191 | 243.007 | 4.2 | -0.6 | 0.8 |
Fruits and vegetables |
228.137 | 225.461 | 216.163 | -8.6 | -5.2 | -4.1 |
Nonalcoholic beverages and beverage materials(1) |
234.881 | 233.760 | 234.792 | -0.1 | 0.0 | 0.4 |
Other food at home |
263.008 | 267.232 | 262.777 | -1.3 | -0.1 | -1.7 |
Food away from home |
424.896 | - | 427.159 | 3.9 | 0.5 | - |
Alcoholic beverages |
381.625 | - | 381.949 | 0.6 | 0.1 | - |
Housing |
306.750 | - | 309.299 | 3.9 | 0.8 | - |
Shelter |
346.626 | 347.634 | 347.924 | 3.8 | 0.4 | 0.1 |
Rent of primary residence |
371.323 | 371.673 | 370.951 | 3.7 | -0.1 | -0.2 |
Owners' equivalent rent of residences(2) |
371.257 | 372.485 | 372.700 | 3.7 | 0.4 | 0.1 |
Owners' equivalent rent of primary residence(2) |
371.257 | 372.485 | 372.700 | 3.7 | 0.4 | 0.1 |
Fuels and utilities |
333.934 | - | 351.917 | 6.9 | 5.4 | - |
Household energy |
311.502 | 330.745 | 331.491 | 7.6 | 6.4 | 0.2 |
Energy services |
308.425 | 328.066 | 328.670 | 8.0 | 6.6 | 0.2 |
Electricity |
287.695 | 306.523 | 305.528 | 7.5 | 6.2 | -0.3 |
Utility (piped) gas service |
334.391 | 352.751 | 362.422 | 10.4 | 8.4 | 2.7 |
Household furnishings and operations |
138.970 | - | 139.015 | 1.0 | 0.0 | - |
Apparel |
128.414 | - | 116.840 | 0.9 | -9.0 | - |
Transportation |
263.001 | - | 265.956 | -0.7 | 1.1 | - |
Private transportation |
269.819 | - | 271.758 | -1.0 | 0.7 | - |
New and used motor vehicles(3) |
125.784 | - | 125.329 | -4.4 | -0.4 | - |
New vehicles(1) |
221.316 | - | 221.620 | -1.7 | 0.1 | - |
Used cars and trucks(1) |
416.087 | - | 419.078 | -5.0 | 0.7 | - |
Motor fuel |
264.993 | 259.419 | 252.965 | -4.4 | -4.5 | -2.5 |
Gasoline (all types) |
263.046 | 257.387 | 250.968 | -4.2 | -4.6 | -2.5 |
Gasoline, unleaded regular(4) |
252.042 | 246.451 | 240.070 | -4.4 | -4.8 | -2.6 |
285.495 | 280.212 | 274.002 | -3.2 | -4.0 | -2.2 | |
Gasoline, unleaded premium(4) |
289.520 | 284.416 | 278.939 | -2.9 | -3.7 | -1.9 |
Medical care |
506.568 | - | 509.564 | 0.9 | 0.6 | - |
Recreation(3) |
130.886 | - | 132.492 | 1.1 | 1.2 | - |
Education and communication(3) |
137.524 | - | 133.832 | -2.0 | -2.7 | - |
Tuition, other school fees, and childcare(1) |
- | - | - | - | - | - |
Other goods and services |
522.384 | - | 520.068 | 0.6 | -0.4 | - |
Commodity and service group |
||||||
Commodities |
207.601 | - | 203.897 | -1.2 | -1.8 | - |
Commodities less food and beverages |
155.416 | - | 151.515 | -2.7 | -2.5 | - |
Nondurables less food and beverages |
198.527 | - | 190.646 | -2.8 | -4.0 | - |
Durables |
120.444 | - | 119.432 | -2.8 | -0.8 | - |
Services |
386.261 | - | 390.980 | 3.6 | 1.2 | - |
Special aggregate indexes |
||||||
All items less shelter |
276.399 | - | 276.437 | 0.7 | 0.0 | - |
All items less medical care |
288.362 | - | 288.692 | 2.0 | 0.1 | - |
Commodities less food |
160.809 | - | 156.983 | -2.6 | -2.4 | - |
Nondurables |
260.060 | - | 254.531 | -0.6 | -2.1 | - |
Nondurables less food |
206.540 | - | 199.098 | -2.5 | -3.6 | - |
Services less rent of shelter(2) |
435.528 | - | 445.757 | 3.1 | 2.3 | - |
Services less medical care services |
369.839 | - | 374.505 | 3.5 | 1.3 | - |
Energy |
290.588 | 296.942 | 293.891 | 2.0 | 1.1 | -1.0 |
All items less energy |
304.911 | - | 305.160 | 1.9 | 0.1 | - |
All items less food and energy |
300.589 | - | 301.361 | 2.0 | 0.3 | - |
(1) Indexes on a February 1978=100 base. |
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- Data not available. |
Last Modified Date: Wednesday, December 11, 2024