November 18, 2003 (The Editor’s Desk is updated each business day.) Value of quality changes averages $82.96 in 2004 model-year carsThe retail equivalent value of quality changes for a 15-unit sample of 2004 model-year domestic passenger cars averaged $82.96. The $82.96 estimated retail value of quality changes break down as follows:
The average retail equivalent value of these quality changes—$82.96—is 17.8 percent of the average $467.28 over-the-year increase in manufacturers’ suggested list prices. These data are produced by the BLS Producer Price Index program. Additional information is available in "Report on Quality Changes for 2004 Model Vehicles," news release USDL 03-721 (PDF 109K). Happy 10th Birthday, TED!The very first issue of The Editor's Desk (TED) was posted on September 28, 1998. TED was the first online-only publication of the Bureau of Labor Statistics. For 10 years, BLS has been committed to posting a new TED article each business day, for a total of over 2,400 articles so far. |
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