Consumer Price Index, Urban Wage Earners and Clerical Workers (CPIW)

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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