Prices and Cost of Living Data

To provide, analyze, and publish statistical data for assisting in the evaluation of consumer, producer, export and import prices and price changes, and consumer expenditures.



Agency - Department of Labor

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.

Office - See Regional Agency Offices.

Contact the nearest regional office of the Bureau of Labor Statistics listed in Appendix IV of the Catalog.
Website Address

https://www.bls.gov




Program Accomplishments

Not Applicable.

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.

Eligibility Requirements

Applicant Eligibility

Request for information may be made by the general public.

Beneficiary Eligibility

General public.

Credentials/Documentation

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

Preapplication coordination is not applicable.

Environmental impact information is not required for this program.

This program is excluded from coverage under E.O.

12372.

Application Procedures

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.

Award Procedures

Not applicable.

Deadlines

Not Applicable.

Authorization

Public Laws 62-426, 71-537, and 94-206, 29 U.S.C. 1-2.

Range of Approval/Disapproval Time

Not Applicable.

Appeals

Not Applicable.

Renewals

Not Applicable.

Assistance Considerations

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

Reports

Not Applicable.

Audits

Not Applicable.

Records

Not applicable.

Financial Information

Account Identification

16-0200-0-1-505.

Obigations

(Salaries) FY 16 $213,317,666; FY 17 est $210,357,000; and FY 18 Estimate Not Available

Range and Average of Financial Assistance

Not applicable.

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.'

Information Contacts

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.

Headquarters Office

David M. Friedman 2 Massachusetts Avenue, N.E., Washington, District of Columbia 20212 Phone: (202) 691-6960

Criteria for Selecting Proposals

Not Applicable.



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