ART - USDOL - Bureau of Labor Statistics - Price Indexes for 2009 2009

The document provides information about the Producer Price Index (PPI) data for various industries in the United States. It mentions that in June 2009, the PPI for the Net Output of Total Trade Industries increased at a 0.4-percent annualized rate, while the PPI for the Net Output of Transportation and Warehousing Industries decreased at a 5.9-percent annualized rate. The document also states that the PPI for the Net Output of Total Traditional Service Industries increased at a 0.6-percent annualized rate during the first half of 2009. The document further announces that starting from July 2009, the PPI program will introduce Wherever Provided (WEP) Services indexes, which will measure price changes for specific services, regardless of the type of companies providing the services. These indexes will be included in Table 6 of the PPI Detailed Report. Additionally, the document mentions that the PPI program will expand commodity code detail, allowing for greater level of detail in commodity indexes. The July 2009 data release will include newly introduced commodity indexes associated with 9-digit or 10-digit commodity codes. Furthermore, the document states that the PPI program will update the net output ratios used to calculate industry indexes based on the North American Industry Classification System (NAICS). The update will be based on 2002 Input-Output Account data from the Bureau of Economic Analysis (BEA). Lastly, the document mentions upcoming changes to the presentation of the text section of the PPI News Release, which will be implemented in the August 2009 release. The changes will not affect the format and content of the tables.