The PPI is a family of indexes covering the output of all industries in the goods-producing sector of the U.S. economy and most of the service sector, as well as construction, natural gas and electric utilities, and goods competitive with those made in producing sectors (such as scrap materials).
All PPIs are organized into an Industry Classification System and a Commodity Classification System, each of which draws from the same survey of price samples. In other words, both contain data for all goods and services that PPI covers. Choose which data is right for you from the lists on the following tabs, by first understanding their differences.
Organizes prices by the North American Industry Classification System (NAICS) and measures the average change in prices received by establishments in the industry for individual products and services, as well as total output sold outside of the industry (that is, its net output). Every industry has primary product indexes to show changes in prices received for products made primarily, though not necessarily exclusively, by that industry. (Primary products are essentially the products for which the industry is titled.) In addition, most industries have secondary product indexes that show changes in prices received by establishments classified in the industry for products chiefly made in some other industry. Finally, some industries have miscellaneous receipts indexes to show price changes in other sources of revenue that are not derived from sales of their products—for example, resale of purchased materials or revenues from parking lots owned.
Organizes prices received by sampled establishments for individual and groupings of products or services by similarity, regardless of the producing establishment's industry classification. This system uses the original PPI (formerly "Wholesale Price Index") publication structure and does not match any other standard coding structure, such as the NAICS. The contents of a commodity index may be determined by its title and its place in the PPI commodity hierarchy (see PPI Relative Importance Tables). For further clarification, contact PPI at firstname.lastname@example.org or (202) 691-7705.
The FD-ID Aggregation system takes advantage of PPIs expansion of coverage over the last twenty years to more than double Stage-of-Processing (SOP) system coverage of the United States economy by supplementing goods coverage with services, government purchases, exports, and construction. With the release of data for January 2014, the PPI for final demand from the FD-ID structure became the "headline" PPI. More information, including components and weights are available on the FD-ID Aggregation Webpage.
These indexes regroup commodity data according to durability. Durable goods are considered to have a life expectancy of three years or more, while nondurables are either consumed in a single usage or have a life expectancy less than three years.
These indexes regroup commodity data into special aggregations. Components are listed in the monthly PPI Detailed Report (PDF) following Table 13. Weights of the components are those used for the PPI for all commodities (see PPI Relative Importance Tables: Commodities, all levels).
In contrast to PPI net output indexes, which measure the average change in prices domestic industries receive for their output, the new industry net input indexes measure the average change in prices for domestic inputs consumed by industries, excluding inputs of capital investment, labor, and imports. The industry input indexes may be useful for data users as tools for industry level analysis, contract escalation, or to examine price transmission between input and output prices. More information...
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For further assistance, contact the PPI Section of Index Analysis & Public Information at email@example.com or (202) 691-7705.
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Last Modified Date: February 18, 2015