November 24, 2006
The estimated retail equivalent value of quality changes for 2007 model year domestically produced passenger cars averaged $150.91.
The estimated retail value of quality changes for passenger cars includes:
The analysis of quality improvements in passenger cars and light trucks is a product of the Producer Price Index (PPI) program. Estimates of the value of quality changes are based on a review by the BLS of data supplied by producers for similarly equipped 2006 and 2007 domestically produced models priced for the PPI. For more information, see "Report On Quality Changes For 2007 Model Vehicles," (PDF) news release UDSL 06-1973.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Quality changes in 2007 passenger cars and light trucks on the Internet at http://www.bls.gov/opub/ted/2006/nov/wk3/art04.htm (visited November 26, 2015).
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.