The Department of Labor fosters and promotes the welfare of job seekers, wage earners and retirees by improving their working conditions, advancing their opportunities, protecting their retirement and health benefits and generally protecting worker rights and monitoring national economic measures.
Uses and Use Restrictions
Provides for Consumer Price Indexes (CPI) which measure the average change in prices of goods and services consumed by all urban households as well as urban wage earners and clerical workers.
As the basis for most estimates of changes in the purchasing power of the consumer's dollar, the CPI is a Principal Federal Economic Indicator and has widespread use in escalation adjustments in both the private and public sectors.
Provides for Producer Price Indexes (PPI) which measure the average change in selling prices that domestic producers of goods, services, and construction receive for their output and which are widely cited within price escalation clauses of long term sales contracts to protect both parties against inflation.
Provides for Export and Import Price Indexes which measure the average change in import and export prices, which are used to adjust international trade data and to measure the effect these price changes have on the competitiveness of the U. S. economy.
Provides for Consumer Expenditure Surveys (CE), which supply periodic updates to the market basket and the weights used to calculate the CPI.
In addition, the CE supplies information on consumers' spending and income by characteristics such as income, age, race, family size, and region.
Request for information may be made by the general public.
No Credentials or documentation are required. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.
Aplication and Award Process
Preapplication coordination is not applicable.
Environmental impact information is not required for this program.
This program is excluded from coverage under E.O.
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Requests for information and assistance may be made to the nearest regional office of the Bureau of Labor Statistics listed in Appendix IV of the Catalog.
Public Laws 62-426, 71-537, and 94-206, 29 U.S.C. 1-2.
Range of Approval/Disapproval Time
Formula and Matching Requirements
Statutory formulas are not applicable to this program. Matching requirements are not applicable to this program. MOE requirements are not applicable to this program.
Length and Time Phasing of Assistance
Not applicable. See the following for information on how assistance is awarded/released: Not applicable.
Post Assistance Requirements
(Salaries) FY 16 $213,317,666; FY 17 est $210,357,000; and FY 18 Estimate Not Available
Range and Average of Financial Assistance
Regulations, Guidelines, and Literature
'Consumer Price Index'; 'Producer Price Index'; 'Export Price Index'; 'Import Price Index'; 'Consumer Expenditure Survey,' 'Monthly Labor Review'; 'BLS Handbook of Methods,' BLS Bulletin 2490; 'Major Programs of the Bureau of Labor Statistics'; 'Publications of the Bureau of Labor Statistics.'
Regional or Local Office
See Regional Agency Offices. Contact the nearest regional office of the Bureau of Labor Statistics listed in Appendix IV of the Catalog.
David M. Friedman 2 Massachusetts Avenue, N.E., Washington, District of Columbia 20212 Phone: (202) 691-6960
Criteria for Selecting Proposals
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