Related BLS programs | Related articles
Addressing misconceptions about the Consumer Price Index
John S. Greenlees
Research Economist, Division of Price and Index Number Research, Bureau of Labor Statistics.
Robert McClelland
Research Economist and Chief, Division of Price and Index Number Research, Bureau of Labor Statistics.
A number of longstanding myths regarding the Consumer Price Index and its methods of construction continue to circulate; this article attempts to address some of the misconceptions, with an eye toward increasing public understanding of this key economic indicator.
Read
excerpt Download
full article in PDF (259K)
Item replacement and quality change in apparel price indexes.—Dec. 2006.
Price measurement in the United States: A decade after the Boskin Report.—May 2006.
CPI research series using current methods, 1978-98.—June 1999.
Incorporating a geometric mean formula into the CPI.—Oct. 1998.
Basic components of the CPI: estimation of price changes.—Dec. 1993.
Changing the treatment of shelter
costs for homeowners in the CPI.—Jun. 1982.
Within Monthly Labor Review Online:
Welcome | Current Issue | Index | Subscribe | Archives
Exit Monthly Labor Review Online:
BLS Home | Publications & Research Papers
