Search 5,000,000+ questions and answers.

Frequently Asked Questions

How are CPI prices collected and reviewed?

Frequently Asked Questions
Each month, BLS data collectors called economic assistants visit or call thousands of retail stores, service establishments, rental units, and doctors' offices, all over the United States to obtain information on the prices of the thousands of items used to track and measure price changes in the CPI. These economic assistants record the prices of about 80,000 items each month representing a scientifically selected sample of the prices paid by consumers for the goods and services purchased.
Related Questions

Division of Labor Statistics & Research - Frequently ask...
A7. Each month, BLS data collectors called economic assistants (formerly known as field representatives) visit or call thousands of retail stores, service establishments, rental units, and doctors' offices, all over the United States, to obtain price information on the thousands of items used to track and measure price change in the CPI. These economic assistants record the prices of about 80,000 items each month.
Related Questions

What is the CPI?

Frequently Asked Questions
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
Related Questions

How is the CPI calculated?

Frequently Asked Questions
The CPI is a product of a series of interrelated samples. First, using data from the 1990 Census of Population, BLS selected the urban areas from which data on prices were collected and chose the housing units within each area that were eligible for use in the shelter component of the CPI. The Census of Population also provided data on the number of consumers represented by each area selected as a CPI price collection area.
Related Questions

What are some limitations of the CPI?

Frequently Asked Questions
The CPI may not be applicable to all population groups. For example, the CPI-U is designed to measure the experience with price change of the U.S. urban population and thus may not accurately reflect the experience of people living in rural areas. Also, the CPI does not produce official estimates for the rate of inflation experienced by subgroups of the population, such as the elderly or the poor.
Related Questions

How can I get information on the CPI?

Frequently Asked Questions
Information on the CPI is available from BLS electronically, through subscriptions to publications, and via telephone and fax, through automated recordings. Information specialists are also available in the national and regional offices to provide assistance. BLS on the Internet. Through the Internet, BLS provides free, easy, and continuous access to almost all published CPI data and press releases. The most recent month's CPI is made available immediately at the time of its release.
Related Questions

What area CPI should I use if there is no CPI for the area I live in?

Frequently Asked Questions
noted in the answers to Questions 14 and 16, BLS strongly urges the use of the national or regional CPIs for use in escalator clauses. These indexes are more stable and subject to less sampling and other measurement error than are area indexes and, therefore, are more statistically reliable.
Related Questions

When will my application be reviewed?

Type 1 Diabetes Pathfinder Award : NIDDK
Peer review will take place in June-July over a period of several weeks. The review period is the same for all scientific areas. We cannot accept any additional information after an application has been submitted. Only the information contained in the original application will be reviewed.
Related Questions

STAR and GRO Graduate Fellowships FAQs | Guidance & Frequent...
The pre-applications and letters of recommendation will be reviewed by non-EPA experts from the appropriate field of study. Reviewers are recruited based on specialty fields represented by the pre-applications. Pre-applications that receive scores of excellent from the peer reviewers (excellent or very good for GRO applicants) are subject to a programmatic review by EPA scientists.
Related Questions

How are applications reviewed?

NIH Summer Internship Program FAQ
Investigators in the NIH intramural program have access to the database containing the electronic applications to this program. They can search for applicants with particular interests or specific GPAs or who are enrolled at selected universities. Each investigator decides to whom he/she will offer summer positions. The OITE is not involved in the selection process.
Related Questions

How often must my plan be reviewed?

Recertification Q and A - Massachusetts Department of Educat...
Supervisors are required to review each individual plan at least every two years. A supervisor may require an educator to amend the plan or may withdraw approval for a plan that had been previously approved; however, any PDPs that were earned consistent with an approved plan will be counted toward recertification. Yes, educators may initiate a review of their plan anytime during their recertification cycle to reflect new professional development opportunities.
Related Questions

How is the CPI market basket determined?

Frequently Asked Questions
The CPI market basket is developed from detailed expenditure information provided by families and individuals on what they actually bought. For the current CPI, this information was collected from the Consumer Expenditure Survey over the two years 2001 and 2002. In each of those years, about 10,000 families from around the country provided information on their spending habits in a series of quarterly interviews.
Related Questions

How are taxes treated in the CPI?

Frequently Asked Questions
Certain taxes are included in the CPI, namely, taxes that are directly associated with the purchase of specific goods and services (such as sales and excise taxes). Government user fees are also included in the CPI. For example, toll charges and parking fees are included in the transportation category and an entry fee to a national park would be included as part of the admissions index.
Related Questions

Is the CPI the best measure of inflation?

Frequently Asked Questions
Inflation has been defined as a process of continuously rising prices or equivalently, of a continuously falling value of money. Various indexes have been devised to measure different aspects of inflation.
Related Questions

Will the CPI be updated or revised in the future?

Frequently Asked Questions
Yes. The CPI will need revisions, as long as there are significant changes in consumer buying habits or shifts in population distribution or demographics. By developing annual Consumer Expenditure Surveys and Point-of-Purchase Surveys, the Bureau has the flexibility to monitor changing buying habits in a timely and cost-efficient manner.
Related Questions

Where can I find the Prices?

Album Tips frequently asked questions, mats, albums, inserts...
Each page of The Album Shop has the prices for that product. Prices do not include personalization, taxes, shipping or handling.
Related Questions

What information is collected?

Frequently Asked Questions (FAQ) ~ Dogskin Lake Lodge and Ou...
We will limit the collection and use of your information to the minimum we require to provide quality service, which includes advising you about our services and opportunities. The kinds of information we collect from you will vary, depending on how you use our web site.
Related Questions

How is the money collected?

FAQ/Contact Us
For donations made online, the Arthritis Foundation receive these funds instantly. All other donations (check or cash) should be turned in to your Team Captain. Team captains are responsible for turning in their team's funds to the Arthritis Foundation.
Related Questions

The Leukemia & Lymphoma Society : About Light The Night - Qu...
Each team member is responsible for collecting funds from supporters and turning them in to the team captain, who will then forward them to The Leukemia & Lymphoma Society.
Related Questions

What do you do with the collected books?

Better World Books - Frequently Asked Questions
Better World Books finds the best possible use for each book collected in support of our mission to promote literacy. Books are either sold to raise money for non-profit literacy programs, sent to one of our non-profit partners for use in their programs, or recycled if unsuitable for sale or partner use.
Related Questions

I have been reviewed, now what?

Wellsphere - Frequently Asked Questions
For more information on how you can make the most of your Wellsphere membership and develop your businesses’ reputation, please contact partners@wellsphere.com.
Related Questions

What goods and services does the CPI cover?

Frequently Asked Questions
The CPI represents all goods and services purchased for consumption by the reference population (U or W) BLS has classified all expenditure items into more than 200 categories, arranged into eight major groups.
Related Questions

Which index is the "Official CPI" reported in the media?

Frequently Asked Questions
Each month, BLS releases thousands of detailed CPI numbers to the media. However the media usually focus on the broadest, most comprehensive CPI: the Consumer Price Index for All Urban Consumers (CPI-U) for the U.S. City Average for All Items, 1982-84=100. These data are reported on either a seasonally adjusted or an unadjusted basis. Often, the media will report some, or all, of the following: month percent change on a seasonally adjusted basis. (for example, from April 2001 to May 2001 = 0.
Related Questions

Got A Question? Ask Our Community!


More Questions >>

© Copyright 2007-2008 QueryCAT
About • Webmasters • Contact