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14-1563-CHI August 19, 2014

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Consumer Price Index, Milwaukee-Racine – First Half 2014

The Consumer Price Index for All Urban Consumers (CPI-U) in the Milwaukee-Racine area rose 1.1 percent from the first half of 2013 to the first half of 2014, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Charlene Peiffer stated that the energy index was 3.6 percent higher compared to its first half 2013 level, primarily due to increases in costs for utility (piped) gas service. Food prices were up 1.2 percent compared to their first half 2013 levels while the index for all items less food and energy increased 0.6 percent. Among the categories within the all items less food and energy index, prices for shelter, medical care, and education and communication were higher over the year.

Food

Food prices rose 1.2 percent over the year compared to their 2.7 percent increase in the previous annual period (first half of 2012 to first half of 2013). Prices for food at home (groceries) were 0.7 percent higher compared to their first half 2013 averages and food away from home costs (restaurant, cafeteria, and vending purchases) rose 2.2 percent over the year.

Energy

The energy index advanced 3.6 percent from the first half of 2013 to the first half of 2014. Within the energy category, the index for utility (piped) gas service rose 33.2 percent and was responsible for most of this increase. Electricity costs were up 1.3 percent over the year while prices for gasoline in the first half of 2014 were 2.5 percent below their first half 2013 averages.

All items less food and energy

Over the year, the index for all items less food and energy increased 0.6 percent. Among the index’s components, higher costs were recorded for shelter (1.2 percent), medical care (2.2 percent), and education and communication (0.8 percent).

The second half 2014 Consumer Price Index for Milwaukee-Racine is scheduled to be released in February 2015.


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 Bureau of Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI-U) which covers approximately 88 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 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 87 urban areas across the country from about 4,000 housing units and approximately 26,000 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/homch17_a.htm.

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 Milwaukee-Racine, Wis., consolidated area covered in this release is comprised of Milwaukee, Ozaukee, Racine, Washington, and Waukesha Counties in Wisconsin

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 for annual averages and percent changes for selected periods

Milwaukee-Racine, WI (1982-84=100 unless otherwise noted)
Item and Group

 
Annual average indexes
 
Percent change
2012 to 2013
2012 2013

Expenditure category

 
 

All Items

221.143 225.061 1.8

All items (1967=100)

683.024 695.125 -

Food and beverages

236.138 241.396 2.2

Food

239.563 245.376 2.4

Food at home

236.634 241.069 1.9

Food away from home

244.409 251.875 3.1

Alcoholic beverages

205.537 204.062 -0.7

Housing

204.662 207.468 1.4

Shelter

244.666 249.496 2.0

Rent of primary residence (1)

226.706 231.690 2.2

Owners' equiv. rent of residences (1) (2)

260.421 265.361 1.9

Owners' equiv. rent of primary residence (1) (2)

260.421 265.361 1.9

Fuels and utilities

202.701 208.597 2.9

Household energy

170.348 173.590 1.9

Energy services (1)

174.543 177.974 2.0

Electricity (1)

200.152 210.530 5.2

Utility (piped) gas service (1)

125.474 119.383 -4.9

Household furnishings and operations

106.579 102.395 -3.9

Apparel

133.215 139.807 4.9

Transportation

207.468 207.285 -0.1

Private transportation

199.917 198.458 -0.7

Motor fuel

319.715 311.313 -2.6

Gasoline (all types)

316.568 307.864 -2.7

Gasoline, unleaded regular (3)

322.319 311.239 -3.4

Gasoline, unleaded midgrade (3) (4)

330.901 325.903 -1.5

Gasoline, unleaded premium (3)

274.039 274.845 0.3

Medical care

444.698 468.166 5.3

Recreation (5)

113.646 114.849 1.1

Education and communication (5)

145.670 150.041 3.0

Other goods and services

377.845 377.308 -0.1
 

Commodity and service group

 
 

All Items

221.143 225.061 1.8

Commodities

182.541 183.965 0.8

Commodities less food & beverages

157.031 156.965 0.0

Nondurables less food & beverages

215.794 217.063 0.6

Durables

104.327 103.013 -1.3

Services

257.907 264.203 2.4
 

Special aggregate indexes

 
 

All items less medical care

211.299 214.376 1.5

All items less shelter

214.494 218.186 1.7

Commodities less food

158.994 158.888 -0.1

Nondurables

228.366 231.436 1.3

Nondurables less food

214.865 215.981 0.5

Services less rent of shelter (2)

284.956 293.173 2.9

Services less medical care services

242.922 247.974 2.1

Energy

237.427 235.688 -0.7

All items less energy

221.724 226.266 2.0

All items less food and energy

219.601 223.950 2.0

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

- Data not available.
 

Table 2. Consumer Price Index for All Urban Consumers (CPI-U): Indexes for semiannual averages and percent changes for selected periods

Milwaukee-Racine, WI (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
1st half 2014 from-
1st half
2013
2nd half
2013
1st half
2014
1st half
2013
2nd half
2013

Expenditure category

 
 

All Items

225.417 224.705 228.005 1.1 1.5

All items (1967=100)

696.224 694.026 704.218 - -

Food and beverages

240.873 241.920 243.557 1.1 0.7

Food

244.753 245.998 247.781 1.2 0.7

Food at home

240.905 241.233 242.601 0.7 0.6

Food away from home

250.529 253.221 256.070 2.2 1.1

Alcoholic beverages

204.762 203.361 203.568 -0.6 0.1

Housing

207.797 207.139 212.466 2.2 2.6

Shelter

249.176 249.815 252.134 1.2 0.9

Rent of primary residence (1)

230.755 232.625 235.507 2.1 1.2

Owners' equiv. rent of residences (1) (2)

264.614 266.109 268.077 1.3 0.7

Owners' equiv. rent of primary residence (1) (2)

264.614 266.109 268.077 1.3 0.7

Fuels and utilities

209.403 207.792 236.477 12.9 13.8

Household energy

175.120 172.060 195.061 11.4 13.4

Energy services (1)

179.580 176.369 200.253 11.5 13.5

Electricity (1)

208.715 212.345 211.408 1.3 -0.4

Utility (piped) gas service (1)

125.394 113.373 167.068 33.2 47.4

Household furnishings and operations

104.779 100.011 100.983 -3.6 1.0

Apparel

138.533 141.081 139.733 0.9 -1.0

Transportation

210.045 204.525 207.165 -1.4 1.3

Private transportation

200.717 196.199 200.282 -0.2 2.1

Motor fuel

324.039 298.586 317.331 -2.1 6.3

Gasoline (all types)

320.787 294.940 312.626 -2.5 6.0

Gasoline, unleaded regular (3)

324.844 297.635 315.723 -2.8 6.1

Gasoline, unleaded midgrade (3) (4)

338.617 313.191 331.910 -2.0 6.0

Gasoline, unleaded premium (3)

284.329 265.361 279.858 -1.6 5.5

Medical care

465.723 470.608 476.116 2.2 1.2

Recreation (5)

114.817 114.881 115.546 0.6 0.6

Education and communication (5)

149.910 150.173 151.100 0.8 0.6

Other goods and services

377.758 376.858 379.767 0.5 0.8
 

Commodity and service group

 
 

All Items

225.417 224.705 228.005 1.1 1.5

Commodities

184.843 183.087 184.846 0.0 1.0

Commodities less food & beverages

158.346 155.583 157.340 -0.6 1.1

Nondurables less food & beverages

218.680 215.446 219.409 0.3 1.8

Durables

104.192 101.834 101.878 -2.2 0.0

Services

264.060 264.347 269.102 1.9 1.8
 

Special aggregate indexes

 
 

All items less medical care

214.851 213.900 217.111 1.1 1.5

All items less shelter

218.847 217.525 221.223 1.1 1.7

Commodities less food

160.258 157.517 159.199 -0.7 1.1

Nondurables

232.124 230.748 233.603 0.6 1.2

Nondurables less food

217.549 214.413 218.022 0.2 1.7

Services less rent of shelter (2)

293.456 292.890 300.740 2.5 2.7

Services less medical care services

248.004 247.943 252.675 1.9 1.9

Energy

242.077 229.299 250.869 3.6 9.4

All items less energy

226.141 226.391 227.687 0.7 0.6

All items less food and energy

223.907 223.994 225.214 0.6 0.5

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

- Data not available.
 

Last Modified Date: Tuesday, August 19, 2014

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News Release Information

14-1563-CHI August 19, 2014

Contacts

Technical information:
Media contact:
  • (312) 353-1138

Consumer Price Index, Milwaukee-Racine – First Half 2014

The Consumer Price Index for All Urban Consumers (CPI-U) in the Milwaukee-Racine area rose 1.1 percent from the first half of 2013 to the first half of 2014, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Charlene Peiffer stated that the energy index was 3.6 percent higher compared to its first half 2013 level, primarily due to increases in costs for utility (piped) gas service. Food prices were up 1.2 percent compared to their first half 2013 levels while the index for all items less food and energy increased 0.6 percent. Among the categories within the all items less food and energy index, prices for shelter, medical care, and education and communication were higher over the year.

Food

Food prices rose 1.2 percent over the year compared to their 2.7 percent increase in the previous annual period (first half of 2012 to first half of 2013). Prices for food at home (groceries) were 0.7 percent higher compared to their first half 2013 averages and food away from home costs (restaurant, cafeteria, and vending purchases) rose 2.2 percent over the year.

Energy

The energy index advanced 3.6 percent from the first half of 2013 to the first half of 2014. Within the energy category, the index for utility (piped) gas service rose 33.2 percent and was responsible for most of this increase. Electricity costs were up 1.3 percent over the year while prices for gasoline in the first half of 2014 were 2.5 percent below their first half 2013 averages.

All items less food and energy

Over the year, the index for all items less food and energy increased 0.6 percent. Among the index’s components, higher costs were recorded for shelter (1.2 percent), medical care (2.2 percent), and education and communication (0.8 percent).

The second half 2014 Consumer Price Index for Milwaukee-Racine is scheduled to be released in February 2015.


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 Bureau of Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI-U) which covers approximately 88 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 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 87 urban areas across the country from about 4,000 housing units and approximately 26,000 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/homch17_a.htm.

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 Milwaukee-Racine, Wis., consolidated area covered in this release is comprised of Milwaukee, Ozaukee, Racine, Washington, and Waukesha Counties in Wisconsin

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 for annual averages and percent changes for selected periods

Milwaukee-Racine, WI (1982-84=100 unless otherwise noted)
Item and Group

 
Annual average indexes
 
Percent change
2012 to 2013
2012 2013

Expenditure category

 
 

All Items

221.143 225.061 1.8

All items (1967=100)

683.024 695.125 -

Food and beverages

236.138 241.396 2.2

Food

239.563 245.376 2.4

Food at home

236.634 241.069 1.9

Food away from home

244.409 251.875 3.1

Alcoholic beverages

205.537 204.062 -0.7

Housing

204.662 207.468 1.4

Shelter

244.666 249.496 2.0

Rent of primary residence (1)

226.706 231.690 2.2

Owners' equiv. rent of residences (1) (2)

260.421 265.361 1.9

Owners' equiv. rent of primary residence (1) (2)

260.421 265.361 1.9

Fuels and utilities

202.701 208.597 2.9

Household energy

170.348 173.590 1.9

Energy services (1)

174.543 177.974 2.0

Electricity (1)

200.152 210.530 5.2

Utility (piped) gas service (1)

125.474 119.383 -4.9

Household furnishings and operations

106.579 102.395 -3.9

Apparel

133.215 139.807 4.9

Transportation

207.468 207.285 -0.1

Private transportation

199.917 198.458 -0.7

Motor fuel

319.715 311.313 -2.6

Gasoline (all types)

316.568 307.864 -2.7

Gasoline, unleaded regular (3)

322.319 311.239 -3.4

Gasoline, unleaded midgrade (3) (4)

330.901 325.903 -1.5

Gasoline, unleaded premium (3)

274.039 274.845 0.3

Medical care

444.698 468.166 5.3

Recreation (5)

113.646 114.849 1.1

Education and communication (5)

145.670 150.041 3.0

Other goods and services

377.845 377.308 -0.1
 

Commodity and service group

 
 

All Items

221.143 225.061 1.8

Commodities

182.541 183.965 0.8

Commodities less food & beverages

157.031 156.965 0.0

Nondurables less food & beverages

215.794 217.063 0.6

Durables

104.327 103.013 -1.3

Services

257.907 264.203 2.4
 

Special aggregate indexes

 
 

All items less medical care

211.299 214.376 1.5

All items less shelter

214.494 218.186 1.7

Commodities less food

158.994 158.888 -0.1

Nondurables

228.366 231.436 1.3

Nondurables less food

214.865 215.981 0.5

Services less rent of shelter (2)

284.956 293.173 2.9

Services less medical care services

242.922 247.974 2.1

Energy

237.427 235.688 -0.7

All items less energy

221.724 226.266 2.0

All items less food and energy

219.601 223.950 2.0

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

- Data not available.
 

Table 2. Consumer Price Index for All Urban Consumers (CPI-U): Indexes for semiannual averages and percent changes for selected periods

Milwaukee-Racine, WI (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
1st half 2014 from-
1st half
2013
2nd half
2013
1st half
2014
1st half
2013
2nd half
2013

Expenditure category

 
 

All Items

225.417 224.705 228.005 1.1 1.5

All items (1967=100)

696.224 694.026 704.218 - -

Food and beverages

240.873 241.920 243.557 1.1 0.7

Food

244.753 245.998 247.781 1.2 0.7

Food at home

240.905 241.233 242.601 0.7 0.6

Food away from home

250.529 253.221 256.070 2.2 1.1

Alcoholic beverages

204.762 203.361 203.568 -0.6 0.1

Housing

207.797 207.139 212.466 2.2 2.6

Shelter

249.176 249.815 252.134 1.2 0.9

Rent of primary residence (1)

230.755 232.625 235.507 2.1 1.2

Owners' equiv. rent of residences (1) (2)

264.614 266.109 268.077 1.3 0.7

Owners' equiv. rent of primary residence (1) (2)

264.614 266.109 268.077 1.3 0.7

Fuels and utilities

209.403 207.792 236.477 12.9 13.8

Household energy

175.120 172.060 195.061 11.4 13.4

Energy services (1)

179.580 176.369 200.253 11.5 13.5

Electricity (1)

208.715 212.345 211.408 1.3 -0.4

Utility (piped) gas service (1)

125.394 113.373 167.068 33.2 47.4

Household furnishings and operations

104.779 100.011 100.983 -3.6 1.0

Apparel

138.533 141.081 139.733 0.9 -1.0

Transportation

210.045 204.525 207.165 -1.4 1.3

Private transportation

200.717 196.199 200.282 -0.2 2.1

Motor fuel

324.039 298.586 317.331 -2.1 6.3

Gasoline (all types)

320.787 294.940 312.626 -2.5 6.0

Gasoline, unleaded regular (3)

324.844 297.635 315.723 -2.8 6.1

Gasoline, unleaded midgrade (3) (4)

338.617 313.191 331.910 -2.0 6.0

Gasoline, unleaded premium (3)

284.329 265.361 279.858 -1.6 5.5

Medical care

465.723 470.608 476.116 2.2 1.2

Recreation (5)

114.817 114.881 115.546 0.6 0.6

Education and communication (5)

149.910 150.173 151.100 0.8 0.6

Other goods and services

377.758 376.858 379.767 0.5 0.8
 

Commodity and service group

 
 

All Items

225.417 224.705 228.005 1.1 1.5

Commodities

184.843 183.087 184.846 0.0 1.0

Commodities less food & beverages

158.346 155.583 157.340 -0.6 1.1

Nondurables less food & beverages

218.680 215.446 219.409 0.3 1.8

Durables

104.192 101.834 101.878 -2.2 0.0

Services

264.060 264.347 269.102 1.9 1.8
 

Special aggregate indexes

 
 

All items less medical care

214.851 213.900 217.111 1.1 1.5

All items less shelter

218.847 217.525 221.223 1.1 1.7

Commodities less food

160.258 157.517 159.199 -0.7 1.1

Nondurables

232.124 230.748 233.603 0.6 1.2

Nondurables less food

217.549 214.413 218.022 0.2 1.7

Services less rent of shelter (2)

293.456 292.890 300.740 2.5 2.7

Services less medical care services

248.004 247.943 252.675 1.9 1.9

Energy

242.077 229.299 250.869 3.6 9.4

All items less energy

226.141 226.391 227.687 0.7 0.6

All items less food and energy

223.907 223.994 225.214 0.6 0.5

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

- Data not available.
 

Last Modified Date: Tuesday, August 19, 2014