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ABSTRACT

January, 1987, Vol. 110, No. 1

New basket of goods and services
being priced in revised CPI

Charles Mason
Chief, Cost Weights Revision, Division of Consumer Prices and Price Indexes, Office of Prices and Living Conditions, Bureau of Labor Statistics

Clifford Butler
Economist, Cost Weights Revision, Bureau of Labor Statistics


Beginning with January 1987 estimates, the Consumer Price Index reflects changes in Americans' spending patterns since 1972-73; the new index permits more accurate tracking of price changes throughout the 1980s.

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Related BLS programs

Consumer Expenditure Survey

Consumer Price Index

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