Difference between revisions of "Consumer Price Index, Urban Wage Earners and Clerical Workers (CPIW)"

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[[File:CPI-Philadelphia.png]]<ref>United States Department of Labor, Bureau of Labor Statistics; http://data.bls.gov/cgi-bin/surveymost</ref>
 
[[File:CPI-Philadelphia.png]]<ref>United States Department of Labor, Bureau of Labor Statistics; http://data.bls.gov/cgi-bin/surveymost</ref>
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==Employment Cost Index (ECI)==
 
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The Employment Cost Index (ECI) is based upon a quarterly survey and is available only for the months of March, June, September, and December each year. Because the ECI has relatively little industry detail at present, data users may have to use a higher level of aggregation than they do with PPI data. However, the Employment Cost Index is a highly useful measure of labor costs because it covers all workers (not just production and nonsupervisory workers) and because it includes not only wages and salaries but also employer costs for employee benefits. Like the PPI, the ECI is a fixed-weight index and this is not influenced by employment shifts among industries and occupations with different wage and benefit levels. <ref>Bureau of Labor Statistics </ref>
 
  
  
 
==Related Pages==
 
==Related Pages==
 
[[Escalation and Economic Indexes]]
 
[[Escalation and Economic Indexes]]
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[[Employment Cost Index (ECI)]]
 
[[Employment Cost Index (ECI)]]
  
 
== References and Notes ==
 
== References and Notes ==
 
<References/>
 
<References/>

Revision as of 14:05, 22 October 2013

Contents

Bureau of Labor Statistics - Produceer Price Index (PPI)

Escalation Guide to Contracting Parties

http://www.bls.gov/ppi/ppiescalation.htm This site provides a guide in establishing future contract prices based on predictable price adjustments (escalations) either in contract pricing, or escalation clauses incorporated into contracts. The site cites a conservative estimate that contracts with a lifetime worth of $200 billion are currently escalated using the Producer Price Index (PPI)family of indexes, either alone or in conjuction with other sources of economic data.[1]

Bureau of Labor Statistics - Consumer Price Index (CPI)

The information below, was taken from the DOL website. The information at the Department of Labor as you can see groups labor into geographic location and types of workers. Specialtity workers or circumstances such as a shortage of a particular vocation are not separately taken into consideration.



Bureau of Labor Statistics.png[2]

CPI-Philadelphia.png[3]


Related Pages

Escalation and Economic Indexes

Employment Cost Index (ECI)

References and Notes

  1. ↑ The BLS Industrial Price Program: A Survey of Users, Report 509 (Bureau of Labor Statistics, 1977)
  2. ↑ United States Department of Labor, Bureau of Labor Statistics; http://data.bls.gov/cgi-bin/surveymost?cw
  3. ↑ United States Department of Labor, Bureau of Labor Statistics; http://data.bls.gov/cgi-bin/surveymost
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