FOR DATA ONLY:  (202) 691-5200        USDL 03-81
FOR TECHNICAL INFORMATION:            TRANSMISSION OF MATERIAL IN
(202) 691-7705                        THIS RELEASE IS EMBARGOED
MEDIA CONTACT:  (202) 691-5902        UNTIL 8:30 A.M. (EST), THURSDAY,
http://www.bls.gov/ppi                FEBRUARY 20, 2003
                                     
                  Producer Price Indexes -- January 2003

     The Producer Price Index for Finished Goods rose 1.6 percent in
January, seasonally adjusted, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today.  This increase followed a 0.1-percent
decrease in December and a 0.3-percent decline in November.  At the earlier
stages of processing, prices received by intermediate goods manufacturers
rose 1.3 percent in January, following a 0.2-percent decline in the prior
month.  The crude goods index increased 6.9 percent, compared with a 2.2-
percent gain in December.  (See table A.)

 Table A.  Monthly and annual percent changes in selected stage-of-processing price
 indexes, seasonally adjusted
 ______________________________________________________________________________________
|        |                                                         |         |         |
|        |                   Finished  goods                       |         |         |
|        |                                                         |         |         |
|        |---------------------------------------------------------|         |         |
|        |          |          |          |         |  Change in   |         |         |
|        |          |          |          | Except  |finished goods| Inter-  |         |
|        |          |          |          |foods and|from 12 months| mediate |  Crude  |
| Month  |  Total   |  Foods   |  Energy  | energy  |  ago(unadj.) | goods   |  goods  |
|--------------------------------------------------------------------------------------|
 2002                                                    
   Jan.      0.0        0.5        -0.2      -0.1         -2.7        -0.2       4.5
   Feb.       .3        1.1          .6         0         -2.6         -.1      -1.0
   Mar.       .8         .6         4.6       -.1         -1.6          .7       5.2
   Apr.      -.1       -2.9         3.1        .1         -2.1          .9       4.3
   May       -.4        -.3        -2.3         0         -2.9         -.3        .7
   June       .1         .2          .1        .1         -2.3          .2      -3.8
   July        0        -.1         1.1       -.3         -1.2          .2        .8
   Aug.        0        -.4         1.4       -.1         -1.5          .4       1.8
   Sept.      .3        -.4         1.2        .3         -1.8          .5       2.2
   Oct.       .7         .4         3.3        .3           .6          .7       1.2
   Nov.      -.3         .4        -1.8       -.1           .9           0       5.7
   Dec.      -.1         .4          .2       -.5          1.2         -.2       2.2
                                                                          
 2003                                                                    
   Jan.      1.6        1.6         4.8        .9          2.8         1.3       6.9

NOTE:  Some of the percent changes shown here and elsewhere in this release may differ 
from those previously reported because seasonal adjustment factors have been 
recalculated to reflect developments during 2002.  In addition, indexes for September 
2002 have been recalculated to incorporate late reports and corrections by respondents.  
All indexes are subject to revision 4 months after original publication.

                                    -2-
                                     
     Among finished goods, the index for finished energy goods advanced 4.8
percent, following a 0.2-percent increase in December.  Excluding prices
for energy goods, the finished goods index rose 1.1 percent in January.
The index for finished goods other than foods and energy advanced 0.9
percent, after posting a 0.5-percent decline in December.  Excluding prices
for passenger cars and light motor trucks, the index for finished goods
other than foods and energy increased 0.3 percent in January.  The finished
consumer foods index increased 1.6 percent in January, after posting a 0.4-
percent gain in the prior month.

     Before seasonal adjustment, the Producer Price Index for Finished
Goods increased 1.5 percent to 141.2 (1982=100).  From January 2002 to
January 2003, prices for finished goods rose 2.8 percent.  Much of this
increase was due to a 17.0-percent jump in the index for finished energy
goods.  During the same period, prices for finished goods other than foods
and energy rose 0.5 percent, and the index for finished consumer foods
moved up 0.4 percent.  At the earlier stages of processing, prices received
by producers of intermediate goods increased 4.5 percent and the index for
crude goods advanced 29.3 percent.

Finished goods

     Prices for finished energy goods jumped 4.8 percent in January,
following a 0.2-percent increase in December.  Although prices for most
finished energy goods added to this acceleration, the largest contributor
was the gasoline index, which advanced 13.7 percent after registering a 1.2-
percent decrease in December.  Prices for residential natural gas also
turned up in January.  The indexes for home heating oil and liquefied
petroleum gas rose at a faster pace in January than they did a month
earlier.  By contrast, the residential electric power index rose 0.1
percent in January, following a 0.3-percent gain in the prior month.

Table B.  Monthly and annual percent changes in selected price indexes for 
intermediate goods and crude goods, seasonally adjusted
 __________________________________________________________________________________
|      |                                     |                                     |
|      |       Intermediate goods            |       Crude goods                   |
|      |                                     |                                     |
|      |---------------------------------------------------------------------------|
|      |       |        |         |Change in |       |         |         | Change  |
|      |       |        |         | interme- |       |         |         |in crude |
|      |       |        |         |  diate   |       |         |         | goods   |
|      |       |        |         |goods from|       |         |         | from 12 |
|      |       |        | Except  |12 months |       |         | Except  | months  |
|      |       |        |foods and|   ago    |       | Energy  |foods and|  ago    |
|Month | Foods | Energy | energy  | (unadj.) | Foods | (unadj.)| energy  |(unadj.) |
|----------------------------------------------------------------------------------|
 2002                                                            
   Jan.   -0.1    -1.4     -0.1        -4.7     4.1      7.8       0.6      -40.0
   Feb.      0     -.4        0        -4.6     2.4     -7.1       1.3      -30.6
   Mar.     .4     3.6       .2        -3.5     -.5     16.9        .5      -21.6
   Apr.    -.7     4.5       .2        -2.7    -6.1     19.4       1.9      -18.6
   May     -.9    -2.0        0        -3.2     -.1       .9       1.9      -16.3
   June    1.1      .3       .2        -2.8    -1.2     -9.7       2.8      -12.4
   July    1.3       0       .2        -1.5      .6       .3       1.7       -6.2
   Aug.     .7     1.5       .2        -1.0     1.7      3.2       -.4       -3.8
   Sept.   1.1     2.2       .1         -.6     1.3      4.6       -.2        3.1
   Oct.    -.3     3.4       .2         1.6       0      2.8        .4       14.3
   Nov.     .6    -1.2       .2         2.5     1.1     13.1        .9       14.7
   Dec.    1.2    -1.0      -.1         3.2     1.5      3.6        .5       26.1
                                                                        
 2003                                                                   
   Jan.    1.3     6.1       .3         4.5     5.4     11.0       1.0       29.3

NOTE:  Some of the percent changes shown here and elsewhere in this release may 
differ from those previously reported because seasonal adjustment factors have 
been recalculated to reflect developments during 2002.  In addition, indexes for 
September 2002 have been recalculated to incorporate late reports and corrections 
by respondents.  All indexes are subject to revision 4 months after original 
publication.

                                    -3-

     The index for finished consumer goods other than foods and energy
advanced 0.9 percent in January, following a 0.4-percent decline in
December.  Prices charged by manufacturers for passenger cars moved up 3.5
percent, after falling 2.1 percent in the previous month.  For the 12
months ended in January 2003, passenger car prices declined 1.4 percent.
Prices charged by manufacturers for light motor trucks increased 4.1
percent, compared with a 2.2-percent decrease in the prior month.  From
January 2002 to January 2003, prices for light motor trucks rose 0.7
percent.  Prices for floor coverings and household appliances turned up in
January.  The indexes for pharmaceutical preparations and periodical
circulation rose, after showing no change in December.  On the other hand,
prices for sporting and athletic goods fell 0.2 percent, compared with a
3.1-percent increase in the prior month.  The rate of decline in prices for
cigarettes and for soaps and synthetic detergents increased from December
to January.

     January prices for capital equipment increased 0.7 percent, following
a 0.4-percent decline in December.  The indexes for light motor trucks and
passenger cars rose in January, after falling in the preceding month.
Prices for commercial furniture and for communication and related equipment
also turned up in January.  The electronic computers index fell at a slower
rate in January than it did in December.  Alternatively, the x-ray and
electromedical equipment index posted a 0.6-percent decline, after inching
up 0.1 percent in December.  Prices for both heavy motor trucks and
industrial material handling equipment remained unchanged in January,
following an increase in the prior month.

     Prices for finished consumer foods rose 1.6 percent in January, after
posting a 0.4-percent gain in December.  The fresh and dry vegetables index
increased 18.2 percent in January, after moving down 5.0 percent in the
prior month.  Prices for finfish and shellfish, fresh fruits and melons,
and pork also increased, after falling in December.  By contrast, the dairy
products index rose 0.4 percent in January, following a 1.4-percent gain in
the previous month.  Prices for beef and veal also rose at a slower rate
than they did in the prior month.  The indexes for soft drinks and for
shortening and cooking oils turned down in January.

Intermediate goods

     The Producer Price Index for Intermediate Materials, Supplies, and
Components advanced 1.3 percent in January, following a 0.2-percent decline
in December.  Most of this upturn can be traced to prices for intermediate
energy goods and materials for nondurable manufacturing, which also posted
gains after falling in the previous month.  The indexes for materials and
components for construction and materials for durable manufacturing
increased, after showing no change in December.  Prices for intermediate
foods and feeds rose at a slightly quicker pace in January than they did in
December.  The index for intermediate goods other than foods and energy
moved up at a 0.3-percent rate in January, following a 0.1-percent decrease
in the prior month.  (See table B.)

     Subsequent to a 1.0-percent drop in December, prices for intermediate
energy goods advanced 6.1 percent in January.  The gasoline index jumped
13.7 percent, after registering a 1.2-percent decline in the previous
month.  Prices for industrial natural gas, residual fuels, and natural gas
to electric utilities also turned up in January.  The indexes for diesel
fuel and liquefied petroleum gas rose at a faster pace than they did in the
preceding month.  Prices for commercial natural gas increased in January,
after showing no change a month earlier.

                                    -4-

     The index for materials for nondurable manufacturing moved up 1.4
percent in January, compared with a 1.3-percent decrease in December.  A
significant portion of this upturn was due to the basic organic chemicals
index, which advanced 5.2 percent in January following a 2.3-percent
decline in the prior month.  The indexes for finished fabrics, synthetic
rubber, medicinal and botanical chemicals, and phosphates also rose in
January, after falling a month earlier.  Nitrogenate prices increased at a
faster rate than they did in the preceding month, while the index for
paperboard decreased more slowly than it did in December.  Conversely,
paper prices declined 0.4 percent in January, after edging down 0.1 percent
in December.  The index for gray fabrics also fell more quickly than it did
in December.  Prices for basic inorganic chemicals and for processed yarns
and threads turned down in January, following December increases.

     The index for materials and components for construction advanced 0.3
percent in January, after showing no change in December.  Prices for
plastic construction products jumped 2.6 percent, following a 0.3-percent
increase in the prior month.  The index for heating equipment also rose
more quickly in January than in December.  Prices for fabricated structural
metal products and for air conditioning and refrigeration equipment moved
up, after showing no change in December.  The January indexes for wiring
devices, mineral wool for structural insulation, and paving mixtures and
blocks turned up, after falling a month earlier.  On the other hand, the
softwood lumber index declined 1.9 percent in January, compared with a 0.5-
percent decrease in December.  Prices for gypsum products and nonferrous
wire and cable also fell more quickly in January than they did in the
preceding month.  The indexes for treated wood, plumbing fixtures and brass
fittings, and architectural coatings moved down, after rising in the
previous month.

     The index for materials for durable manufacturing, which was unchanged
for December, edged up 0.1 percent in January.  Price increases for cold
rolled steel sheet and strip; hot rolled steel bars, plates, and structural
shapes; precious metals; copper cathode and refined copper; copper and
brass mill shapes; adhesives and sealants; and hardwood lumber slightly
outweighed price decreases for hot rolled steel sheet and strip, aluminum
mill shapes, semifinished steel mill products, primary aluminum (except
extrusion billet), and prepared paint.

     The index for intermediate foods and feeds advanced at about the same
rate in January as in the prior month -- 1.3 percent and 1.2 percent,
respectively.  In January, rising prices for beef and veal, prepared animal
feeds, pork, processed young chickens, crude vegetable oils, and flour more
than offset falling prices for dry milk products; shortening and cooking
oils; natural, processed, and imitation cheese; and fluid milk products.

Crude goods

     The Producer Price Index for Crude Materials for Further Processing
advanced 6.9 percent in January, following a 2.2-percent gain in December.
Prices for crude energy materials, crude foodstuffs and feedstuffs, and
basic industrial materials also increased at a faster rate in January than
in the prior month.  (See table B.)

     The index for crude energy materials rose 11.0 percent in January,
after increasing 3.6 percent in the previous month.  Leading this
acceleration, prices for crude petroleum jumped 20.4 percent, following a
6.6-percent gain in December.  The natural gas index moved up 8.2 percent,
after rising 3.3 percent in the prior month.  Prices for coal turned up 1.9
percent in January, following a 1.6-percent decline a month earlier.

                                    -5-

     The index for crude foodstuffs and feedstuffs moved up 5.4 percent in
January, after rising 1.5 percent in the previous month.  Slaughter cattle
prices advanced 9.1 percent, following a 3.4-percent increase in December.
The indexes for slaughter broilers and fryers and fluid milk also rose more
in January than they did a month earlier.  Prices for fresh vegetables
(except potatoes), unprocessed finfish, and fresh fruits and melons turned
up, after decreasing in the previous month.  By contrast, the wheat index
fell 8.3 percent in January, following a 4.3-percent decline in the prior
month.  Soybean prices also decreased at a faster pace than they did in
December.  The indexes for slaughter hogs and slaughter turkeys rose less
than they did in the previous month.  Prices for alfalfa hay and Irish
potatoes for processing turned down in January, after increasing a month
earlier.

     The index for crude nonfood materials less energy rose 1.0 percent in
January, following a 0.5-percent increase in the prior month.  Iron and
steel scrap prices turned up 0.9 percent, after falling 1.2 percent in
December.  The phosphate index also advanced, following a decline in the
previous month.  Prices for gold ores increased at a faster rate in January
than they did a month earlier.  The iron ore index moved up, after showing
no change in December.  Partially counteracting these accelerating prices,
the wastepaper index dropped 3.4 percent in January, after declining 0.7
percent a month earlier.  Prices for construction sand, gravel, and crushed
stone and for leaf tobacco turned down, following gains in December.  The
indexes for copper base scrap and raw cotton rose less than they did in the
previous month.

Net output price indexes for mining, manufacturing, and services industries

Mining.  The Producer Price Index for the Net Output of Total Mining
Industries rose 9.2 percent in January, following a 2.9-percent advance in
December.  (Net output price indexes are not seasonally adjusted.)  The
acceleration in mining sector prices can be traced to the index for the
crude petroleum and natural gas industry, which moved up 18.8 percent in
January, after advancing 0.8 percent in December.  Prices received by the
bituminous coal and lignite surface mining industry, the bituminous coal
underground mining industry, and the oil and gas well drilling industry
turned up in January.  The industry index for gold ores rose at a quicker
pace in January than it did a month earlier.  Alternatively, the industry
index for natural gas liquids and natural gas residue increased 3.2
percent, following a 9.7-percent jump in December.  Prices received by the
potash, soda, and borate minerals industry turned down in January.  The
industry index for crushed and broken limestone rose at a slower rate in
January than it did in December.  In January, the Producer Price Index for
the Net Output of Total Mining Industries was 126.2 (December 1984=100),
54.1 percent above its year-ago level.

Manufacturing.  The Producer Price Index for the Net Output of Total
Manufacturing Industries advanced 1.3 percent in January, following a 0.4-
percent decline in December.  Prices received by the petroleum refining and
related products industry group increased 13.6 percent, after a 4.4-percent
drop in the prior month.  The industry group indexes for transportation
equipment and for chemicals and allied products turned up in January.
Prices for the printing, publishing, and allied industries group and the
industry index for surgical, medical, and dental instruments and supplies
rose at a faster pace in January than they did a month ago.  On the other
hand, prices received by the tobacco manufactures industry group edged down
in January, after showing no change in December.  The industry group index
for leather and leather products turned down in January.  In January, the
Producer Price Index for the Net Output of Total Manufacturing Industries
was 135.9 (December 1984=100), 3.2 percent above its year-ago level.

Services.  Among service industries, prices received by the industries for
operators and lessors of nonresidential buildings; engineering design,
analysis, and consulting services; courier services (except by air); legal
services; and general medical and surgical hospitals increased in January.
By contrast, the industry indexes for radio broadcasting, local trucking
without storage, passenger car rental, telephone communications (except
radiotelephone), and wireless telecommunications decreased in January.

                                    -6-
                                     
                                   *****
            Producer Price Index data for February 2003 will be
          released on Friday, March 14, 2003, at 8:30 a.m. (EST).
                                     

               Recalculation of Seasonal Adjustment Factors

     Effective with this release, seasonal adjustment factors have been
recalculated to reflect price-movement patterns during 2002 for stage-of-
processing (SOP) and commodity-grouping indexes.  This routine annual
recalculation may affect previously published seasonally adjusted indexes
and percent changes for January 1998 through December 2002.  Revised
seasonally adjusted data for this period, as well as seasonal factors for
commodity indexes to be used through December 2003, were released February
18, 2003.  To request this information, contact the Division of Industrial
Prices and Price Indexes, Section of Index Analysis and Public Information
at ppi-info@bls.gov or (202) 691-7705.

     The table below provides monthly seasonally adjusted percent changes
for the three major SOP categories during 2002, based on former and
recalculated seasonal factors.

Over-the-month percent changes in major stage-of-processing indexes,
seasonally adjusted, using former and recalculated seasonal factors for
2002

               Finished Goods       Intermediate Goods       Crude Goods
Month       Former  Recalculated   Former  Recalculated  Former  Recalculated
January      0.0        0.0        -0.2       -0.2          4.6        4.5
February      .2         .3         -.2        -.1         -1.2       -1.0
March         .9         .8         1.0         .7          5.0        5.2
April        -.1        -.1          .8         .9          4.2        4.3
May          -.4        -.4         -.2        -.3           .8         .7
June          .1         .1          .2         .2         -3.7       -3.8
July         -.2          0          .3         .2          1.3         .8
August        .1          0          .3         .4          1.9        1.8
September     .1         .3          .5         .5           .3        2.2
October      1.1         .7          .7         .7          3.4        1.2
November     -.4        -.3         -.1          0          5.1        5.7
December       0        -.1         -.1        -.2          1.9        2.2


                             NAICS Conversion

     The net output price indexes will be converted from the 1987 Standard
Industrial Classification (SIC) basis to the 2002 North American Industry
Classification System (NAICS) basis with the February 2004 release of
January 2004 indexes. The NAICS conversion involves major definitional
changes to many of the currently published SIC-based indexes.  After the
conversion to NAICS, SIC-based indexes will no longer be produced or
published.  NAICS history will be available depending on the scope of the
definitional changes between SIC and NAICS.

     For more information contact the Division of Industrial Prices and
Price Indexes, Section of Index Analysis and Public Information at ppi-
info@bls.gov or (202) 691-7705.

                                    -7-
                                     
                         Resampling of Industries
                                     
     Effective with this release, the Producer Price Index (PPI) includes
data for 51 resampled industries.  In addition, the sample for the computer
manufacturing industry was expanded to include data for personal digital
assistants.  The Bureau of Labor Statistics periodically updates the sample
of producers providing data for the PPI to reflect current conditions more
accurately when the structure, membership, technology, or product mix of an
industry shifts.  The first results of this systematic process were
published in July 1986.  Subsequent efforts have been completed at 6-month
intervals.

     Also with this release, PPIs for two service industries are introduced:
Standard Industrial Classification (SIC) 6282, Investment Advice, and SIC
6412*, Insurance Agencies and Brokerages.  The index data for SIC 6282 have
a start date of June 2002, while the index data for SIC 6412 have a start
date of December 2002.  The introduction of these industries is part of an
ongoing effort to expand PPI coverage to sectors of the economy other than
mining and manufacturing.

     For information on specific index additions, deletions, and recodes
that are effective with this semiannual update, see the January 2003 issue
of the PPI Detailed Report or contact the Division of Industrial Prices and
Price Indexes, Section of Index Analysis and Public Information at ppi-
info@BLS.gov or (202) 691-7705.

Standard
Industrial
Classification
(SIC) Code               Industry

1041             Gold ores
1044             Silver ores
2033             Canned fruits, vegetables, preserves, jams, and jellies
2062             Cane sugar refining
2063             Beet sugar processing
2082             Malt beverages
2083             Malt
2096             Potato chips, corn chips, and similar snacks
2098             Macaroni, spaghetti, vermicelli, and noodles
2241             Narrow fabric mills
2251             Women's hosiery, except socks
2297             Nonwoven fabrics and related products
2325             Men's and boys' separate trousers and slacks
2326             Men's and boys' work clothing
2353             Hats, caps, and millinery
2387             Apparel belts
2393             Textile bags
2395             Pleating and stitching
2396             Automotive trimmings, apparel findings, and related products
2399             Fabricated textile products, not elsewhere classified
2493             Reconstituted wood products
2517             Wood television, radio, phonograph, and sewing machine cabinets
2519             Household furniture, not elsewhere classified
2655             Fiber cans, drums, and similar products

                                    -8-
                                     
2676             Sanitary paper products
2731             Book publishing
2761             Manifold business forms
2791             Typesetting
2833             Medicinal chemicals and botanical products (in bulk)
2999             Products of petroleum and coal, not elsewhere classified
3085             Plastic bottles
3142             House slippers
3143             Men's footwear
3144             Women's footwear
3149             Footwear, except rubber, not elsewhere classified
3498             Fabricated pipe and fabricated pipe fittings
3523             Farm machinery and equipment
3541             Machine tools, metal cutting types
3542             Metal forming machine tools
3544             Special tools, dies, jigs, fixtures, and industrial molds
3571             Electronic computers
3631             Household cooking equipment and parts
3632             Household refrigerators and home and farm freezers
3633             Household laundry equipment
3672             Printed circuit boards
3675             Capacitors for electronic circuitry
3845             Electromedical equipment
3942             Dolls and stuffed toys
3955             Carbon paper and inked ribbons
6282             Investment advice**
6412             Insurance agencies and brokerages **
6512             Operators and lessors of nonresidential buildings
7311             Advertising agencies
8721             Accounting, auditing, and bookkeeping

*  This industry code is PPI constructed and corresponds to SIC 6411.
**   For further discussion of these industries, see "New Producer Price
Index for the Investment Advice Industry -- SIC 6282" and "New Producer
Price Index for the Insurance Agencies and Brokerages Industry -- SIC 6412"
in the January 2003 issue of the PPI Detailed Report or call the Section of
Index Analysis and Public Information at (202) 691-7705.




Table 1.  Producer price indexes and percent changes by stage of processing                                                          
(1982=100)                                                                                                                           
_______________________________________________________________________________________________________________________________
                                                 |          |                       |Unadjusted     |                          
                                                 |          |                       |  percent      |Seasonally adjusted       
                                                 | Relative |    Unadjusted index   |change to      |percent change from:      
                    Grouping                     |importance|                       |Jan. 2003 from:|                          
                                                 |          |_______________________|_______________|__________________________
                                                 |   Dec.   |       |       |       |       |       |       |         |        
                                                 |          |Sept.  |Dec.   |Jan.   |  Jan. | Dec.  |Oct. to|Nov.  to |Dec.  to
                                                 |   2002 1/|2002 2/|2002 2/|2003 2/|  2002 | 2002  |  Nov. |   Dec.  |  Jan.  
_________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|________
                                                 |                                                                             
Finished goods...................................|  100.000   139.1   139.1   141.2     2.8    1.5     -0.3     -0.1     1.6   
  Finished consumer goods........................|   73.437   140.0   139.8   142.5     3.9    1.9      -.4      -.1     1.9   
    Finished consumer foods......................|   20.682   138.7   139.6   141.7      .4    1.5       .4       .4     1.6   
      Crude......................................|    1.329   119.0   112.4   122.8   -11.9    9.3     -1.3     -7.2     7.9   
      Processed..................................|   19.352   140.3   141.9   143.3     1.6    1.0       .6      1.0     1.1   
    Finished consumer goods, excluding foods.....|   52.755   140.2   139.6   142.4     5.2    2.0      -.6      -.2     2.0   
      Nondurable goods less foods................|   36.542   142.8   141.3   144.7     7.7    2.4      -.8       .1     2.2   
      Durable goods..............................|   16.213   131.1   132.1   133.8     -.1    1.3      -.5      -.9     1.6   
  Capital equipment..............................|   26.563   138.3   138.6   139.6     -.1     .7      -.1      -.4      .7   
    Manufacturing industries.....................|    7.829   139.7   139.8   140.1     -.1     .2       .1      -.1      .1   
    Nonmanufacturing industries..................|   18.733   137.7   138.1   139.3     -.1     .9      -.1      -.6     1.0   
                                                 |                                                                             
Intermediate materials, supplies, and components.|  100.000   129.3   129.4   131.2     4.5    1.4      0        -.2     1.3   
  Materials and components for manufacturing.....|   46.943   126.9   127.3   127.9     2.7     .5       .4      -.4      .5   
    Materials for food manufacturing.............|    2.928   123.9   127.2   128.9     5.6    1.3      1.4      1.5     1.6   
    Materials for nondurable manufacturing.......|   14.716   131.5   131.5   133.5     6.5    1.5       .4     -1.3     1.4   
    Materials for durable manufacturing..........|    9.143   125.9   126.3   126.3     3.1    0         .6      0        .1   
    Components for manufacturing.................|   20.156   125.9   126.0   125.8     -.4    -.2       .2      -.1     -.2   
  Materials and components for construction......|   12.773   152.1   151.1   151.5      .9     .3      -.3      0        .3   
  Processed fuels and lubricants.................|   16.040   100.6   100.4   107.0    18.9    6.6     -1.1      -.2     6.3   
    Manufacturing industries ....................|    6.410   101.5   103.3   108.7    14.9    5.2       .8     -1.3     4.9   
    Nonmanufacturing industries..................|    9.630   100.1    98.6   105.9    21.6    7.4     -2.3       .5     7.1   
  Containers.....................................|    3.252   152.5   153.4   153.6      .7     .1       .2      -.3      .1   
  Supplies.......................................|   20.992   139.6   139.7   140.0     1.3     .2      0        0        .2   
    Manufacturing industries.....................|    4.595   144.8   145.1   145.1      .3    0        0        -.1      .1   
    Nonmanufacturing industries..................|   16.397   137.1   137.1   137.6     1.6     .4       .1      -.1      .3   
      Feeds......................................|    1.097   104.2   100.5   101.0     6.8     .5     -1.1      0        .5   
      Other supplies.............................|   15.300   141.3   141.6   142.1     1.2     .4       .1      -.1      .4   
                                                 |                                                                             
Crude materials for further processing...........|  100.000   110.9   119.4   127.9    29.3    7.1      5.7      2.2     6.9   
  Foodstuffs and feedstuffs......................|   38.228   100.7   100.4   105.7     6.1    5.3      1.1      1.5     5.4   
  Nonfood materials..............................|   61.772   115.4   130.6   141.3    48.7    8.2      8.9      2.6     7.9   
    Nonfood materials except fuel 3/.............|   32.486   108.3   104.8   114.1    32.7    8.9     -5.0      2.7     8.2   
      Manufacturing 3/...........................|   31.651    99.4    96.1   104.9    33.8    9.2     -5.1      2.9     8.5   
      Construction...............................|    0.835   182.3   180.8   179.7      .6    -.6      -.4      -.3     -.9   
    Crude fuel 4/................................|   29.286   115.4   160.9   172.8    71.9    7.4     30.0      2.4     7.4   
      Manufacturing industries...................|    2.635   111.5   153.4   164.6    68.0    7.3     28.6      2.3     7.3   
      Nonmanufacturing industries................|   26.651   117.9   164.5   176.7    72.4    7.4     30.1      2.4     7.4   
                                                 |                                                                             
               Special groupings                 |                                                                             
                                                 |                                                                             
Finished goods, excluding foods..................|5/ 79.318   139.0   138.7   140.9     3.4    1.6      -.4      -.4     1.7   
Intermediate materials less foods and feeds......|6/ 95.975   130.0   130.0   131.8     4.5    1.4      0        -.3     1.3   
Intermediate foods and feeds.....................|6/  4.025   118.0   119.1   120.3     5.9    1.0       .6      1.2     1.3   
Crude materials less agricultural products 3/ 7/.|8/ 59.797   116.6   132.2   143.3    49.9    8.4      8.9      2.6     8.1   
                                                 |                                                                             
Finished energy goods............................|5/ 14.889    93.0    90.4    95.1    17.0    5.2     -1.8       .2     4.8   
Finished goods less energy.......................|5/ 85.111   146.4   147.1   148.5      .5    1.0      0        -.2     1.1   
Finished consumer goods less energy..............|5/ 58.548   149.9   150.7   152.3      .8    1.1       .1      -.1     1.1   
                                                 |                                                                             
Finished goods less foods and energy.............|5/ 64.429   149.5   150.1   151.2      .5     .7      -.1      -.5      .9   
Finished consumer goods less foods and energy....|5/ 37.866   157.1   157.8   159.1     1.0     .8      -.1      -.4      .9   
Consumer nondurable goods less foods and energy..|5/ 21.653   178.3   178.8   179.6     1.8     .4       .1      0        .4   
                                                 |                                                                             
Intermediate energy goods........................|6/ 16.398   100.4    99.5   105.9    18.2    6.4     -1.2     -1.0     6.1   
Intermediate materials less energy...............|6/ 83.601   135.3   135.6   136.1     2.1     .4       .2      -.1      .4   
Intermediate materials less foods and energy.....|6/ 79.577   136.5   136.7   137.2     1.9     .4       .2      -.1      .3   
                                                 |                                                                             
Crude energy materials 3/........................|8/ 42.616   105.9   127.6   141.6    71.0   11.0     13.1      3.6    11.0   
Crude materials less energy......................|8/ 57.384   110.6   110.4   115.0     8.3    4.2      1.0      1.2     3.9   
Crude nonfood materials less energy 4/...........|8/ 19.156   140.0   139.7   142.5    13.0    2.0       .9       .5     1.0   
                                                 |                                                                             
_______________________________________________________________________________________________________________________________
                                                                                                                               
  1/  Comprehensive relative importance figures are initially computed          3/  Includes crude petroleum.                  
      after the publication of December indexes and are recalculated            4/  Excludes crude petroleum.                  
      after final December indexes are available.  The first-published          5/  Percent of total finished goods.           
      and final December relative importances initially appear,                 6/  Percent of total intermediate materials.   
      respectively, in the release tables containing January and May data.      7/  Formerly titled "Crude materials for       
  2/  The indexes for September 2002 have been recalculated to incorporate          further processing, excluding crude        
      late reports and corrections by respondents.  All indexes                     foodstuffs and feedstuffs, plant and       
      are subject to revision 4 months after original publication.                  animal fibers, oilseeds, and leaf tobacco."
                                                                                8/  Percent of total crude materials.          
Table 2.  Producer price indexes and percent changes for selected commodity groupings by stage of processing                         
(1982=100 unless otherwise indicated)                                                                                                
____________________________________________________________________________________________________________________________________ 
           |                                                       |                       |Unadjusted     |                         
           |                                                       |                       | percent       |Seasonally adjusted      
           |                                                       |   Unadjusted index    |change to      |percent change from:     
 Commodity |                                                       |                       |Jan. 2003 from:|                         
   code    |                      Grouping                         |_______________________|_______________|________________________ 
           |                                                       |       |       |       |       |       |       |       |         
           |                                                       |Sept.  |Dec.   |Jan.   | Jan.  | Dec.  |Oct. to|Nov. to|Dec. to  
           |                                                       |2002 1/|2002 1/|2003 1/| 2002  | 2002  |  Nov. |  Dec. |  Jan.   
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 
           |                                                       |                                                                 
           |FINISHED GOODS.........................................| 139.1   139.1   141.2     2.8    1.5     -0.3    -0.1     1.6   
           | FINISHED CONSUMER GOODS...............................| 140.0   139.8   142.5     3.9    1.9      -.4     -.1     1.9   
           |  FINISHED CONSUMER FOODS..............................| 138.7   139.6   141.7      .4    1.5       .4      .4     1.6   
           |                                                       |                                                                 
01-11      |   Fresh fruits and melons 2/..........................|  91.3    75.5    77.1   -28.9    2.1    -12.0    -8.5     2.1   
01-13      |   Fresh and dry vegetables 2/.........................| 115.2   113.7   134.4    -7.1   18.2      -.2    -5.0    18.2   
01-71-07   |   Eggs for fresh use (Dec. 1991=100)..................|  77.9    97.1    95.2     6.5   -2.0     16.0    -3.5     1.4   
02-11      |   Bakery products 2/..................................| 190.2   191.6   194.2     2.9    1.4       .2      .4     1.4   
02-13      |   Milled rice 2/......................................|  83.6    85.4    85.9     2.4     .6     -3.0     2.9      .6   
02-14-02   |   Pasta products (June 1985=100) 2/...................| 121.5   121.5   123.9     1.4    2.0      0       0       2.0   
02-21-01   |   Beef and veal 2/....................................| 112.3   117.8   124.0    10.8    5.3      2.0     5.7     5.3   
02-21-04   |   Pork................................................| 102.0   105.8   108.7    -3.5    2.7      3.2     -.5     4.6   
02-22-03   |   Processed young chickens............................| 109.9   105.8   106.9    -7.7    1.0       .1     1.4     3.9   
02-22-06   |   Processed turkeys...................................|  95.6    92.9    90.1    -6.9   -3.0     -4.5     3.1     4.4   
02-23      |   Finfish and shellfish...............................| 192.0   181.1   189.6     2.9    4.7     -2.2    -9.6     4.3   
02-3       |   Dairy products......................................| 133.8   135.3   134.8    -3.7    -.4       .1     1.4      .4   
02-4       |   Processed fruits and vegetables 2/..................| 133.0   133.2   133.5      .8     .2       .5      .2      .2   
02-55      |   Confectionery end products 2/.......................| 174.5   177.4   179.7     3.0    1.3       .1     1.5     1.3   
02-62      |   Soft drinks.........................................| 151.5   152.2   153.3     2.0     .7      1.1      .5     -.5   
02-63-01   |   Roasted coffee 2/...................................| 121.5   120.7   121.4     -.4     .6       .3     -.6      .6   
02-78      |   Shortening and cooking oils 2/......................| 146.4   155.2   153.8    15.6    -.9      3.4     1.4     -.9   
           |                                                       |                                                                 
           |  FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 140.2   139.6   142.4     5.2    2.0      -.6     -.2     2.0   
           |                                                       |                                                                 
02-61      |   Alcoholic beverages.................................| 147.0   148.3   148.5     1.3     .1      -.6      .1      .1   
03-81-01   |   Women's apparel 2/..................................| 123.0   121.8   121.6    -1.5    -.2      0       0       -.2   
03-81-02   |   Men's and boys' apparel 2/..........................| 128.0   129.1   129.0    -1.5    -.1      -.2     -.3     -.1   
03-81-03   |   Girls', children's, and infants' apparel 2/.........| 119.4   119.9   120.2     2.9     .3      0       0        .3   
03-82      |   Textile housefurnishings 2/.........................| 122.2   121.9   121.9     -.3    0        -.1     0       0     
04-3       |   Footwear 2/.........................................| 145.9   146.5   146.5      .3    0        0        .2     0     
05-41      |   Residential electric power (Dec. 1990=100)..........| 119.6   112.7   112.8     -.3     .1       .1      .3      .1   
05-51      |   Residential gas (Dec. 1990=100).....................| 131.4   142.5   148.1    12.9    3.9      2.1     -.3     2.4   
05-71      |   Gasoline............................................|  90.3    82.1    95.0    52.5   15.7     -8.4    -1.2    13.7   
05-73-02-01|   Fuel oil No. 2......................................|  86.4    82.3    94.7    62.4   15.1     -8.0     4.2    19.7   
06-38      |   Pharmaceutical preparations (June 2001=100) 2/......| 103.3   104.4   105.7     4.4    1.2       .3     0       1.2   
06-71      |   Soaps and synthetic detergents 2/...................| 130.2   130.8   129.9      .2    -.7       .2     -.1     -.7   
06-75      |   Cosmetics and other toilet preparations 2/..........| 139.6   139.6   140.0     1.1     .3       .2     0        .3   
07-12      |   Tires, tubes, tread, etc 2/.........................|  95.3    95.3    97.1     3.4    1.9      0       0       1.9   
09-15-01   |   Sanitary papers and health products 2/..............| 149.7   150.9   151.2     1.7     .2      1.2      .2      .2   
09-31-01   |   Newspaper circulation 2/............................| 225.9   226.0   225.7     1.1    -.1      0       0       -.1   
09-32-01   |   Periodical circulation..............................| 211.6   212.7   220.4     6.9    3.6       .2     0       3.0   
09-33      |   Book publishing.....................................| 236.6   238.3   240.2     4.1     .8       .1      .2     1.2   
12-1       |   Household furniture.................................| 157.4   157.7   157.9     1.2     .1      0       0        .2   
12-3       |   Floor coverings 2/..................................| 131.2   129.5   131.0      .4    1.2       .8    -2.2     1.2   
12-4       |   Household appliances 2/.............................| 104.4   103.6   104.6     -.9    1.0      -.4     -.1     1.0   
12-5       |   Home electronic equipment 2/........................|  68.8    68.4    68.4    -1.7    0        0       -.3     0     
12-62      |   Household glassware.................................| 169.8   169.9   164.7    -3.1   -3.1      -.2      .1    -3.2   
12-64      |   Household flatware 2/...............................| 145.2   145.2   145.2     1.1    0        0       0       0     
12-66      |   Lawn and garden equip., ex. tractors 2/.............| 133.9   133.2   133.1     -.7    -.1       .1     -.5     -.1   
14-11-01   |   Passenger cars......................................| 125.2   126.4   130.4    -1.4    3.2     -2.7    -2.1     3.5   
15-11      |   Toys, games, and children's vehicles 2/.............| 124.9   124.6   125.2      .6     .5      0       0        .5   
15-12      |   Sporting and athletic goods 2/......................| 125.4   124.9   124.7     -.6    -.2     -3.1     3.1     -.2   
15-2       |   Tobacco products 2/.................................| 466.8   467.5   466.6     4.2    -.2       .1     0       -.2   
15-5       |   Mobile homes 2/.....................................| 167.0   166.5   166.5      .5    0         .1     -.2     0     
15-94-02   |   Jewelry, platinum, & karat gold 2/..................| 130.1   130.2   131.7     1.5    1.2       .2     -.1     1.2   
15-94-04   |   Costume jewelry and novelties 2/....................| 144.4   144.4   144.4      .3    0        0       -.1     0     
           |                                                       |                                                                 
           | CAPITAL EQUIPMENT.....................................| 138.3   138.6   139.6     -.1     .7      -.1     -.4      .7   
           |                                                       |                                                                 
11-1       |   Agricultural machinery and equipment 2/.............| 158.9   158.1   158.3      .4     .1       .1     0        .1   
11-2       |   Construction machinery and equipment................| 151.5   151.8   152.9     2.5     .7       .2      .3      .5   
11-37      |   Metal cutting machine tools 2/......................| 153.7   150.5   150.1    -2.3    -.3     -2.0     -.2     -.3   
11-38      |   Metal forming machine tools 2/......................| 167.3   167.3   167.3     1.0    0        0       0       0     
11-39      |   Tools, dies, jigs, fixtures, and ind. molds 2/......| 140.6   140.5   140.0     -.7    -.4      0       0       -.4   
11-41      |   Pumps, compressors, and equipment...................| 161.5   161.9   162.2     1.3     .2      -.2      .3     -.2   
11-44      |   Industrial material handling equipment 2/...........| 136.9   137.5   137.5      .2    0         .1      .4     0     
11-51      |   Electronic computers (Dec. 1998=100) 2/.............|  40.5    38.4    38.1   -20.6    -.8     -2.0    -2.0     -.8   
11-62      |   Textile machinery 2/................................| 156.8   157.0   157.3      .1     .2      -.1     -.1      .2   
11-64      |   Paper industries machinery (June 1982=100)..........| 169.5   169.7   169.7     1.2    0         .1      .1     -.2   
11-65      |   Printing trades machinery 2/........................| 144.1   144.3   144.3     1.0    0        0        .1     0     
11-74      |   Transformers and power regulators 2/................| 131.4   132.2   132.0     0      -.2      -.7      .9     -.2   
11-76      |   Communication & related equip. (Dec. 1985=100) 2/...| 107.4   106.0   106.2    -2.8     .2      -.5     -.5      .2   
11-79-05   |   X-ray and electromedical equipment 2/...............| 101.0   100.8   100.2     -.5    -.6      -.2      .1     -.6   
11-91      |   Oil field and gas field machinery ..................| 136.0   136.0   136.8     1.0     .6      0       0        .2   
11-92      |   Mining machinery and equipment 2/...................| 152.1   154.4   154.6     3.0     .1      0       1.5      .1   
11-93      |   Office and store machines and equipment 2/..........| 112.2   112.6   112.0      .1    -.5       .3     0       -.5   
12-2       |   Commercial furniture 2/.............................| 161.6   160.8   161.4      .6     .4       .3     -.2      .4   
14-11-05   |   Light motor trucks..................................| 144.1   149.4   153.8      .7    2.9       .8    -2.2     4.1   
14-11-06   |   Heavy motor trucks 2/...............................| 153.2   156.5   156.5     4.5    0        1.5      .3     0     
14-14      |   Truck trailers 2/...................................| 138.2   138.3   138.3      .2    0        0        .2     0     
14-21-02   |   Civilian aircraft (Dec. 1985=100)...................| 172.5   174.0   174.2     2.6     .1       .3      .1      .2   
14-31      |   Ships (Dec. 1985=100) 2/............................| 150.7   151.3   150.9     1.1    -.3       .1     -.1     -.3   
14-4       |   Railroad equipment 2/...............................| 134.6   134.7   134.8     -.1     .1       .4     0        .1   
           |                                                       |                                                                 
           |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 129.3   129.4   131.2     4.5    1.4      0       -.2     1.3   
           |                                                       |                                                                 
           | INTERMEDIATE FOODS AND FEEDS..........................| 118.0   119.1   120.3     5.9    1.0       .6     1.2     1.3   
           |                                                       |                                                                 
02-12-03   |   Flour 2/............................................| 123.8   120.7   122.8     9.3    1.7     -2.5    -2.0     1.7   
02-53      |   Refined sugar and byproducts 2/.....................| 118.9   120.6   120.9     5.7     .2       .3     1.0      .2   
02-54      |   Confectionery materials 2/..........................| 123.3   124.6   124.1    11.8    -.4     -2.0     1.6     -.4   
02-72      |   Crude vegetable oils 2/.............................| 101.3   114.1   117.8    56.9    3.2     12.7     3.4     3.2   
02-9       |   Prepared animal feeds 2/............................| 110.7   107.4   108.1     5.2     .7     -1.0     0        .7   
           |                                                       |                                                                 
           | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 130.0   130.0   131.8     4.5    1.4      0       -.3     1.3   
           |                                                       |                                                                 
03-1       |   Synthetic fibers 2/.................................| 106.6   106.3   106.1     -.8    -.2       .4     -.5     -.2   
03-2       |   Processed yarns and threads 2/......................| 102.4   102.6   101.9     -.6    -.7       .1      .1     -.7   
03-3       |   Gray fabrics 2/.....................................| 112.5   111.9   111.0    -1.6    -.8       .2     -.6     -.8   
03-4       |   Finished fabrics....................................| 120.9   121.0   121.4      .7     .3       .7     -.4      .7   
03-83-03   |   Industrial textile products 2/......................| 131.0   132.6   131.6    -1.6    -.8      -.3     -.7     -.8   
04-2       |   Leather 2/..........................................| 207.7   208.4   209.1     7.0     .3      2.2     -.7      .3   
05-32      |   Liquefied petroleum gas 2/..........................| 120.9   129.9   147.9    97.2   13.9     -2.2     7.0    13.9   
____________________________________________________________________________________________________________________________________ 
See footnotes at end of table.                                                                                                       


Table 2.  Producer price indexes and percent changes for selected commodity groupings by stage of processing - Continued             
(1982=100 unless otherwise indicated)                                                                                                
____________________________________________________________________________________________________________________________________ 
           |                                                       |                       |Unadjusted     |                         
           |                                                       |                       | percent       |Seasonally adjusted      
           |                                                       |   Unadjusted index    |change to      |percent change from:     
 Commodity |                                                       |                       |Jan. 2003 from:|                         
   code    |                      Grouping                         |_______________________|_______________|________________________ 
           |                                                       |       |       |       |       |       |       |       |         
           |                                                       |Sept.  |Dec.   |Jan.   | Jan.  | Dec.  |Oct. to|Nov. to|Dec. to  
           |                                                       |2002 1/|2002 1/|2003 1/| 2002  | 2002  |  Nov. |  Dec. |  Jan.   
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 
           |                                                       |                                                                 
           | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS           |                                                                 
           |   -Continued..........................................|                                                                 
05-42      |   Commercial electric power...........................| 144.0   134.7   135.0    -0.1    0.2      0.7     0.3     0.8   
05-43      |   Industrial electric power...........................| 145.8   139.6   139.7     2.5     .1      3.3     -.3      .1   
05-52      |   Commercial natural gas (Dec. 1990=100)..............| 131.5   148.3   157.9    16.4    6.5       .2     0       4.3   
05-53      |   Industrial natural gas (Dec. 1990=100)..............| 132.7   153.1   165.4    19.0    8.0       .3    -1.0     7.3   
05-54      |   Natural gas to electric utilities (Dec. 1990=100)...|  99.8   128.4   145.2    41.1   13.1      -.9     -.1     4.3   
05-72-03   |   Jet fuels...........................................|  81.7    78.9    97.0    59.3   22.9     -5.2      .6    25.9   
05-73-03   |   No. 2 Diesel fuel...................................|  92.3    86.9    98.8    67.7   13.7    -10.6     7.5    17.6   
05-74      |   Residual fuel 2/....................................|  85.9    73.6    86.0    48.5   16.8      1.6   -21.7    16.8   
06-1       |   Industrial chemicals 2/.............................| 130.3   132.4   138.0    15.4    4.2      1.4    -1.8     4.2   
06-21      |   Prepared paint......................................| 167.5   167.5   167.1      .7    -.2      -.1      .1     -.8   
06-22      |   Paint materials 2/..................................| 171.6   172.7   172.4    18.2    -.2       .6      .1     -.2   
06-31      |   Medicinal and botanical chemicals 2/................| 133.5   132.4   132.9      .8     .4      0       -.5      .4   
06-4       |   Fats and oils, inedible.............................|  99.8   117.4   125.3    65.5    6.7      6.2     8.5    11.4   
06-51      |   Mixed fertilizers...................................| 114.3   113.8   114.2      .4     .4       .1     -.1     -.3   
06-52-01   |   Nitrogenates........................................| 104.9   113.9   121.5    15.6    6.7      2.1      .4     2.3   
06-52-02   |   Phosphates 2/.......................................| 101.1   101.2   101.9     5.7     .7      -.5     -.1      .7   
06-53      |   Other agricultural chemicals 2/.....................| 148.7   150.3   150.6     1.1     .2      0       2.0      .2   
06-6       |   Plastic resins and materials........................| 136.7   135.7   138.1    13.2    1.8      1.3      .5     2.1   
07-11-02   |   Synthetic rubber 2/.................................| 121.4   121.4   123.9     4.4    2.1       .7    -1.6     2.1   
07-21      |   Plastic construction products ......................| 140.5   133.4   136.0     4.6    1.9     -3.4      .3     2.6   
07-22      |   Unsupported plastic film, sheet, & other shapes 2/..| 137.2   136.8   137.4     1.5     .4      -.9     -.1      .4   
07-26      |   Plastic parts and components for manufacturing 2/...| 116.2   116.6   116.1     -.5    -.4       .1     0       -.4   
08-11      |   Softwood lumber.....................................| 169.5   165.6   165.3    -1.5    -.2       .7     -.5    -1.9   
08-12      |   Hardwood lumber ....................................| 178.8   180.8   181.9     2.7     .6       .1      .6      .5   
08-2       |   Millwork............................................| 180.4   179.5   179.5      .3    0        -.1      .1      .1   
08-3       |   Plywood 2/..........................................| 149.7   146.3   145.9    -1.6    -.3     -1.6     -.5     -.3   
09-11      |   Woodpulp 2/.........................................| 119.1   118.3   116.2     1.5   -1.8       .5    -1.4    -1.8   
09-13      |   Paper 2/............................................| 144.5   146.2   145.6     -.2    -.4       .3     -.1     -.4   
09-14      |   Paperboard 2/.......................................| 166.7   166.8   166.7     1.0    -.1      -.1     -.4     -.1   
09-15-03   |   Paper boxes and containers 2/.......................| 173.3   174.4   174.1      .2    -.2       .2     -.2     -.2   
09-2       |   Building paper and board 2/.........................| 130.2   128.6   129.1     3.3     .4     -1.4     -.7      .4   
09-37      |   Commercial printing (June 1982=100) 2/..............| 157.2   157.6   157.4      .3    -.1      -.1      .1     -.1   
10-15      |   Foundry and forge shop products.....................| 136.9   137.0   136.8     0      -.1      -.1     0       -.2   
10-17      |   Steel mill products.................................| 109.7   109.5   109.1    11.0    -.4       .9     -.1      .3   
10-22      |   Primary nonferrous metals 2/........................|  97.4   102.8   103.0     2.3     .2      4.7     1.0      .2   
10-25-01   |   Aluminum mill shapes 2/.............................| 142.5   143.5   142.8    -1.6    -.5       .1      .1     -.5   
10-25-02   |   Copper and brass mill shapes 2/.....................| 146.1   147.1   148.3     -.5     .8      -.1      .3      .8   
10-26      |   Nonferrous wire and cable 2/........................| 133.3   133.1   132.3    -3.8    -.6       .5     -.3     -.6   
10-3       |   Metal containers 2/.................................| 107.7   108.4   109.5     1.3    1.0       .3     -.1     1.0   
10-4       |   Hardware 2/.........................................| 156.0   155.7   156.2      .1     .3      -.1      .1      .3   
10-5       |   Plumbing fixtures and brass fittings................| 182.7   182.0   182.0      .6    0        -.4      .3     -.1   
10-6       |   Heating equipment 2/................................| 158.4   158.2   161.7     2.9    2.2      0        .2     2.2   
10-7       |   Fabricated structural metal products 2/.............| 145.9   145.4   145.7     1.2     .2      -.1     0        .2   
10-88      |   Fabricated ferrous wire products (June 1982=100) 2/.| 129.9   129.6   129.5      .2    -.1       .3     -.5     -.1   
10-89      |   Other misc. metal products 2/.......................| 126.8   127.7   127.1      .2    -.5       .7     -.1     -.5   
11-45      |   Mechanical power transmission equipment.............| 169.4   169.9   171.8     1.6    1.1      -.1     -.1      .6   
11-48      |   Air conditioning and refrigeration equipment 2/.....| 137.3   137.1   137.4     1.0     .2      0       0        .2   
11-49-02   |   Metal valves, ex.fluid power (Dec. 1982=100)........| 167.3   168.1   168.4     1.4     .2      0       0        .1   
11-49-05   |   Ball and roller bearings............................| 170.4   170.6   171.5      .9     .5      0       0        .5   
11-71      |   Wiring devices 2/...................................| 155.4   152.6   153.1      .6     .3      -.3     -.5      .3   
11-73      |   Motors, generators, motor generator sets............| 146.8   147.6   147.7      .8     .1      1.0     -.2     -.1   
11-75      |   Switchgear, switchboard, etc., equipment 2/.........| 157.4   158.9   158.2     -.2    -.4      -.2      .1     -.4   
11-78      |   Electronic components and accessories 2/............|  92.3    92.1    92.1     -.8    0         .1     -.3     0     
11-94      |   Internal combustion engines.........................| 144.7   145.8   143.8     -.3   -1.4       .1      .3    -1.5   
11-95      |   Machine shop products 2/............................| 139.9   140.2   140.4      .4     .1       .1     0        .1   
13-11      |   Flat glass 2/.......................................| 111.1   111.8   111.5      .3    -.3      -.5      .8     -.3   
13-22      |   Cement..............................................| 154.1   153.1   152.8     1.7    -.2      -.1      .6     -.1   
13-3       |   Concrete products...................................| 152.9   152.6   153.4     -.1     .5      -.1      .3      .3   
13-6       |   Asphalt felts and coatings..........................| 112.0   110.3   109.5     -.8    -.7      -.3     -.3     -.4   
13-7       |   Gypsum products 2/..................................| 170.9   170.4   168.7     2.9   -1.0     -1.0     -.2    -1.0   
13-8       |   Glass containers 2/.................................| 136.2   136.9   138.5     3.0    1.2      -.1     0       1.2   
14-12      |   Motor vehicle parts 2/..............................| 112.2   112.3   111.3    -1.7    -.9       .5     -.1     -.9   
14-23      |   Aircraft engines & engine parts (Dec. 1985=100).....| 145.4   145.6   146.5      .9     .6      0        .1     -.1   
14-25      |   Aircraft parts & aux.equip.,nec (June 1985=100).....| 151.0   149.9   149.1    -1.5    -.5       .1      .2    -1.1   
15-42      |   Photographic supplies 2/............................| 119.1   119.1   120.2    -7.7     .9      0       0        .9   
15-6       |   Medical/surgical/personal aid devices 2/............| 151.3   151.7   153.9     2.7    1.5      0        .2     1.5   
           |                                                       |                                                                 
           | CRUDE MATERIALS FOR FURTHER PROCESSING................| 110.9   119.4   127.9    29.3    7.1      5.7     2.2     6.9   
           |                                                       |                                                                 
           |  CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 100.7   100.4   105.7     6.1    5.3      1.1     1.5     5.4   
           |                                                       |                                                                 
01-21      |   Wheat 2/............................................| 126.3   106.3    97.5    12.5   -8.3    -10.8    -4.3    -8.3   
01-22-02-05|   Corn................................................| 111.9    91.8    91.5    14.1    -.3     -6.2    -3.0    -2.4   
01-31      |   Slaughter cattle 2/.................................|  96.5   104.6   114.1    15.4    9.1      4.3     3.4     9.1   
01-32      |   Slaughter hogs......................................|  44.5    50.2    53.4   -15.4    6.4      2.6     3.0     1.7   
01-41-02   |   Slaughter broilers/fryers...........................| 128.9   119.7   147.9    11.3   23.6      -.4     5.7    21.8   
01-42      |   Slaughter turkeys...................................| 108.2   110.7    99.5     -.9  -10.1      6.4     8.1     6.9   
01-6       |   Fluid milk..........................................|  86.7    88.9    88.9   -11.3    0        2.8     1.7     3.7   
01-83-01-31|   Soybeans 2/.........................................|  99.5    95.4    93.3    25.2   -2.2      3.6     -.5    -2.2   
02-52-01-01|   Cane sugar,raw 2/...................................| 115.1   117.4   114.7     2.4   -2.3      2.4    -1.2    -2.3   
                                                                                                                                     
           |                                                       |                                                                 
           |  CRUDE NONFOOD MATERIALS..............................| 115.4   130.6   141.3    48.7    8.2      8.9     2.6     7.9   
           |                                                       |                                                                 
01-51-01-01|   Raw cotton 2/.......................................|  63.7    77.5    80.6    48.2    4.0     13.1     5.3     4.0   
01-92-01-01|   Leaf tobacco 2/.....................................| 106.7   116.4   115.8     2.3    -.5      4.6     2.3     -.5   
04-19      |   Hides and skins (June 2001=100) 2/..................|  87.8    85.0    84.3    18.6    -.8     -2.3     -.5     -.8   
05-1       |   Coal 2/.............................................|  97.6    97.9    99.8    -1.6    1.9       .6    -1.6     1.9   
05-31      |   Natural gas 2/......................................| 120.9   181.9   196.9    98.3    8.2     37.9     3.3     8.2   
05-61      |   Crude petroleum 2/..................................|  77.5    71.4    86.0    77.0   20.4    -13.5     6.6    20.4   
08-5       |   Logs, timber, etc...................................| 180.1   180.6   179.1      .6    -.8       .3     -.6    -1.3   
09-12      |   Wastepaper 2/.......................................| 192.8   188.7   182.2    31.2   -3.4      -.1     -.7    -3.4   
10-11      |   Iron ore 2/.........................................|  95.0    95.0    95.6      .2     .6      0       0        .6   
10-12      |   Iron and steel scrap................................| 153.7   141.7   152.8    32.3    7.8      -.4    -1.2      .9   
10-21      |   Nonferrous metal ores (Dec. 1983=100) 2/............|  69.3    68.8    72.4    13.1    5.2      -.4     1.9     5.2   
10-23-01   |   Copper base scrap 2/................................| 109.8   116.8   117.5     9.8     .6      4.5     2.3      .6   
10-23-02   |   Aluminum base scrap.................................| 156.4   159.8   161.8     8.8    1.3      2.1     -.1     -.2   
13-21      |   Construction sand, gravel, and crushed stone........| 173.7   174.2   174.8     2.2     .3       .1      .7     -.3   
____________________________________________________________________________________________________________________________________ 
                                                                                                                                     
1/  The indexes for September 2002 have been recalculated to incorporate                       2/  Not seasonally adjusted.                    
    late reports and corrections by respondents.  All indexes are subject                      3/  Not available.                              
    to revision 4 months after original publication.                                                                                                                                                                                                                                                                                                                            
    
Table 3.  Producer price indexes for selected commodity groupings                                                                    
(1982=100 unless otherwise indicated)                                                                                      
_______________________________________________________________________________________________                                      
         |                                                |                                   |                                      
         |                                                |         Unadjusted index 1/       |                                      
Commodity|                                                |___________________________________|                                      
  code   |                    Grouping                    |Sept. 2002 | Dec. 2002 | Jan. 2003 |                                      
_________|________________________________________________|___________|___________|___________|                                      
         |                                                |           |           |           |                                      
         | Finished Goods (1967=100)......................|   390.5   |   390.3   |   396.4   |                                      
         | All commodities................................|   132.3   |   133.0   |   135.5   |                                      
         |                                                |           |           |           |                                      
         |                                                |           |           |           |                                      
         |            MAJOR COMMODITY GROUPS              |           |           |           |                                      
         |                                                |           |           |           |                                      
         | Farm products and processed foods and feeds....|   124.2   |   124.9   |   127.5   |                                      
01       |   Farm products................................|    99.8   |    99.0   |   104.1   |                                      
02       |   Processed foods and feeds....................|   136.3   |   137.6   |   139.0   |                                      
         |                                                |           |           |           |                                      
         | Industrial commodities.........................|   133.7   |   134.5   |   136.9   |                                      
03       |   Textile products and apparel.................|   119.8   |   119.7   |   119.6   |                                      
04       |   Hides, skins, leather, and related products..|   161.0   |   160.6   |   160.5   |                                      
05       |   Fuels and related products and power.........|    97.5   |    99.6   |   106.7   |                                      
06       |   Chemicals and allied products 2/.............|   154.1   |   155.3   |   158.2   |                                      
07       |   Rubber and plastic products..................|   127.8   |   127.0   |   127.9   |                                      
08       |   Lumber and wood products.....................|   173.0   |   171.8   |   171.9   |                                      
09       |   Pulp, paper, and allied products.............|   186.8   |   187.6   |   188.2   |                                      
10       |   Metals and metal products....................|   127.1   |   127.2   |   127.6   |                                      
11       |   Machinery and equipment......................|   122.7   |   122.4   |   122.5   |                                      
12       |   Furniture and household durables.............|   133.8   |   133.2   |   133.8   |                                      
13       |   Nonmetallic mineral products.................|   146.7   |   146.5   |   146.8   |                                      
14       |   Transportation equipment.....................|   142.5   |   143.9   |   145.3   |                                      
15       |   Miscellaneous products.......................|   183.2   |   183.4   |   184.0   |                                      
         |                                                |           |           |           |                                      
         | Industrial commodities less fuels and related  |           |           |           |                                      
         |   products and power...........................|   143.2   |   143.5   |   144.3   |                                      
         |                                                |           |           |           |                                      
         |                                                |           |           |           |                                      
         |             OTHER COMMODITY GROUPINGS          |           |           |           |                                      
         |                                                |           |           |           |                                      
01-1     | Fruits and melons, fresh and dry vegetables,   |           |           |           |                                      
         |   and tree nuts................................|   106.7   |    98.8   |   108.4   |                                      
01-2     | Grains.........................................|   114.1   |    96.3   |    93.8   |                                      
01-3     | Slaughter livestock............................|    83.1   |    90.6   |    98.4   |                                      
01-4     | Slaughter poultry..............................|   123.1   |   116.3   |   136.3   |                                      
01-5     | Plant and animal fibers........................|    64.7   |    78.6   |    81.6   |                                      
01-7     | Chicken eggs...................................|    89.0   |   112.7   |   106.0   |                                      
01-8     | Hay, hayseeds, and oilseeds....................|   125.4   |   120.9   |   118.6   |                                      
01-83    | Oilseeds.......................................|   110.4   |   106.0   |   104.1   |                                      
01-9     | Other farm products............................|   159.1   |   173.6   |   172.7   |                                      
02-1     | Cereal and bakery products.....................|   166.1   |   167.1   |   168.9   |                                      
02-2     | Meats, poultry, and fish.......................|   116.9   |   118.4   |   121.6   |                                      
02-22    | Processed poultry..............................|   111.1   |   109.0   |   108.9   |                                      
02-5     | Sugar and confectionery........................|   143.3   |   145.4   |   146.4   |                                      
02-6     | Beverages and beverage materials...............|   148.1   |   148.8   |   149.5   |                                      
02-63    | Packaged beverage materials....................|   123.8   |   123.1   |   123.7   |                                      
02-7     | Fats and oils..................................|   126.0   |   146.0   |   150.2   |                                      
03-81    | Apparel........................................|   125.4   |   125.2   |   125.2   |                                      
04-4     | Other leather and related products.............|   147.9   |   148.0   |   147.8   |                                      
05-3     | Gas fuels......................................|   118.8   |   166.9   |   182.4   |                                      
05-4     | Electric power.................................|   142.4   |   134.5   |   134.6   |                                      
05-7     | Refined petroleum products.....................|    88.2   |    81.1   |    92.9   |                                      
06-3     | Drugs and pharmaceuticals......................|   266.8   |   268.8   |   271.5   |                                      
06-5     | Agricultural chemicals and products............|   124.1   |   126.5   |   128.3   |                                      
06-7     | Other chemicals and allied products............|   139.9   |   140.1   |   140.2   |                                      
07-1     | Rubber and rubber products.....................|   117.4   |   117.4   |   118.7   |                                      
07-11    | Rubber, except natural rubber..................|   120.8   |   120.8   |   123.2   |                                      
07-13    | Miscellaneous rubber products..................|   140.9   |   140.8   |   141.1   |                                      
07-2     | Plastic products...............................|   135.8   |   134.7   |   135.5   |                                      
08-1     | Lumber.........................................|   169.9   |   168.2   |   168.4   |                                      
09-1     | Pulp, paper, and products, excluding building  |           |           |           |                                      
         |   paper and board..............................|   156.4   |   157.2   |   156.8   |                                      
09-15    | Converted paper and paperboard products........|   164.0   |   165.2   |   165.2   |                                      
10-1     | Iron and steel.................................|   118.6   |   117.4   |   118.2   |                                      
10-2     | Nonferrous metals..............................|   119.4   |   120.8   |   121.3   |                                      
10-25    | Nonferrous mill shapes.........................|   136.2   |   136.3   |   136.5   |                                      
11-3     | Metalworking machinery and equipment...........|   150.4   |   150.1   |   150.1   |                                      
11-4     | General purpose machinery and equipment........|   154.5   |   154.8   |   155.2   |                                      
11-6     | Special industry machinery.....................|   165.3   |   165.6   |   165.8   |                                      
11-7     | Electrical machinery and equipment.............|   116.1   |   115.6   |   115.6   |                                      
11-9     | Miscellaneous machinery and equipment..........|   136.5   |   137.1   |   136.6   |                                      
12-6     | Other household durable goods..................|   158.5   |   158.3   |   157.8   |                                      
13-2     | Concrete ingredients...........................|   163.5   |   163.5   |   163.7   |                                      
14-1     | Motor vehicles and equipment...................|   127.0   |   128.8   |   130.6   |                                      
15-1     | Toys, sporting goods, small arms, etc..........|   133.3   |   133.0   |   133.2   |                                      
15-4     | Photographic equipment and supplies............|   105.5   |   105.5   |   106.5   |                                      
15-9     | Other miscellaneous products...................|   139.8   |   140.8   |   141.2   |                                      
__________________________________________________________|___________|___________|___________|                                      
                                                                                                                                     
1/  Data for September 2002 have been revised to reflect the availability of late reports and                                                                            
    corrections by respondents.  All data are subject to revision 4 months after original                                                                                                                                                                 
    publication.                                                                                               
                                                                                                                                     
2/  Prices of some items in this grouping are lagged 1 month.                                                                        
                                                                                                                                     
                                                                                                                                     
Table 4.  Producer price indexes for the net output of major industry groups, not seasonally adjusted                           
____________________________________________________________________________________________________________________                 
                  |                                              |     |         Index         |  Percent change                     
  Industry        |                Industry 1/                   |Index|_______________________|to_Jan._2003_from:__                 
    code          |                                              |base |       |       |       |        |                            
                  |                                              |     |Sep.   |Dec.   |Jan.   |  Jan.  |  Dec.                      
                  |                                              |     |2002 2/|2002 2/|2003 2/|  2002  |  2002                      
__________________|______________________________________________|_____|_______|_______|_______|________|___________                 
                  |                                              |     |                                                             
                  |Total mining industries...................... |12/84| 100.1   115.6   126.2     54.1      9.2                     
       10         | Metal mining................................ |12/84|  73.6    73.7    76.7      8.0      4.1                     
       12         | Coal mining................................. |12/85|  92.8    93.0    93.5     -1.9       .5                     
       13         | Oil and gas extraction...................... |12/85| 112.8   136.8   153.0     82.1     11.8                     
       14         | Mining and quarrying of non-metallic         |     |                                                             
                  |  minerals, except fuels..................... |12/84| 143.5   144.4   145.0      1.8       .4                     
                  |                                              |     |                                                             
                  |Total manufacturing industries............... |12/84| 135.0   134.1   135.9      3.2      1.3                     
       20         | Food and kindred products................... |12/84| 136.1   132.8   133.8      1.7       .8                     
       21         | Tobacco manufactures........................ |12/84| 408.5   409.0   408.5      4.3      -.1                     
       22         | Textile mill products....................... |12/84| 115.6   115.4   115.9      -.3       .4                     
       23         | Apparel and other finished products made     |     |                                                             
                  |  from fabrics and similar materials......... |12/84| 125.1   125.3   125.2    0          -.1                     
       24         | Lumber and wood products, except furniture.. |12/84| 155.3   154.2   154.4       .3       .1                     
       25         | Furniture and fixtures...................... |12/84| 147.0   146.5   146.9       .9       .3                     
       26         | Paper and allied products................... |12/84| 144.1   145.0   145.0       .6    0                         
       27         | Printing, publishing, and allied industries. |12/84| 193.4   194.2   195.7      1.9       .8                     
       28         | Chemicals and allied products............... |12/84| 158.7   159.6   160.8      4.4       .8                     
       29         | Petroleum refining and related products..... |12/84| 109.6   102.4   116.3     49.7     13.6                     
       30         | Rubber and miscellaneous plastic products... |12/84| 126.3   125.6   126.4      1.0       .6                     
       31         | Leather and leather products................ |12/84| 141.9   142.4   142.3      1.5      -.1                     
       32         | Stone, clay, glass, and concrete products... |12/84| 137.6   137.2   137.6       .5       .3                     
       33         | Primary metal industries.................... |12/84| 117.9   117.9   117.5      3.3      -.3                     
       34         | Fabricated metal products, except machinery  |     |                                                             
                  |  and transportation equipment............... |12/84| 132.1   132.3   132.4       .9       .1                     
       35         | Machinery, except electrical................ |12/84| 116.8   116.6   116.6      -.9    0                         
       36         | Electrical and electronic machinery,         |     |                                                             
                  |  equipment, and supplies.................... |12/84| 105.4   104.5   104.3     -2.2      -.2                     
       37         | Transportation equipment.................... |12/84| 135.1   136.8   138.5       .4      1.2                     
       38         | Measuring and controlling instruments;       |     |                                                             
                  |  photographic, medical, optical goods;       |     |                                                             
                  |  watches, clocks............................ |12/84| 128.7   128.9   129.8      1.2       .7                     
       39         | Miscellaneous manufacturing industries...... |12/85| 133.5   133.7   133.9       .9       .1                     
                  |                                              |     |
                  |Services industries                           |     |                                                             
       40         | Railroad transportation..................... |12/96| 106.7   107.4   107.2      0.9     -0.2                     
       42         | Motor freight transportation and warehousing |06/93| 125.1   125.9   126.5      2.7       .5                     
       43         | United States Postal Service................ |06/89| 155.0   155.0   155.0      6.6    0                         
       44         | Water transportation........................ |12/92| 139.0   142.3   142.4     10.1       .1                     
       45         | Transportation by air....................... |12/92| 158.6   160.7   160.6      2.2      -.1                     
       46         | Pipelines, except natural gas............... |12/86| 112.5   112.3   111.2       .1     -1.0                     
       48         | Communications.............................. |06/01|  97.9    97.7    97.1       .1      -.6                     
       54         | Food stores................................. |12/99| 114.9   113.9   116.0      1.3      1.8                     
       55         | Automotive dealers and gasoline service      |     |                                                             
                  |  stations................................... |12/01|  84.3    85.6    85.8    -10.5       .2                     
       59         | Miscellaneous retail........................ |06/00| 102.7   104.1   105.7       .7      1.5                     
       80         | Health services............................. |12/94| 120.0   120.5   121.1      2.6       .5                     
       81         | Legal services.............................. |12/96| 122.5   122.9   124.6      3.5      1.4                     
____________________________________________________________________________________________________________________                 
1/ Indexes in this table are derived from the net-output-weighted industry price indexes.  Because of differences 
   in coverage and aggregation methodology, they will generally not match the movements of similarly-titled                      
   indexes which are derived from traditional commodity groupings.                              
2/ The indexes for September 2002 have been recalculated to incorporate late reports and corrections by respondents.                      
   All indexes are subject to revision 4 months after original publication.                                                       
3/ Not available.       

NOTE: NAICS 2002 replaces the SIC classification system beginning with the release of PPI data for January 2004.
See http://www.bls.gov/ppi/ppinaics.htm for details.                 
Table 5.  Producer price indexes by stage of processing, seasonally adjusted
(1982=100)
_____________________________________________________________________________________________________________
                                                       |
                                                       |                      Index 1/   
                                                       |_____________________________________________________
               Grouping                                |        |        |        |        |        |        
                                                       |  Aug.  |  Sep.  |  Oct.  |  Nov.  |  Dec.  |  Jan.
                                                       |  2002  |  2002  |  2002  |  2002  |  2002  |  2003  
_______________________________________________________|________|________|________|________|________|________
                                                       |                                                     
      Finished goods...................................|  138.6    139.0    140.0    139.6    139.4    141.6
        Finished consumer goods........................|  139.2    139.6    140.9    140.4    140.3    143.0
          Finished consumer foods......................|  138.8    138.2    138.7    139.3    139.9    142.1
            Crude......................................|  127.0    118.7    121.8    120.2    111.5    120.3
            Processed..................................|  139.8    139.8    140.1    140.9    142.3    143.9
          Finished consumer goods, excluding foods.....|  139.0    139.8    141.4    140.5    140.2    143.0 
            Nondurable goods less foods................|  140.6    141.5    143.6    142.5    142.6    145.8
            Durable goods..............................|  132.1    132.6    133.2    132.6    131.4    133.5 
        Capital equipment..............................|  138.6    139.0    139.1    138.9    138.4    139.4
          Manufacturing industries.....................|  139.7    139.9    139.8    139.9    139.8    140.0
          Nonmanufacturing industries..................|  138.2    138.6    138.7    138.5    137.7    139.1
                                                       |
      Intermediate materials, supplies, and components.|  128.2    128.9    129.8    129.8    129.5    131.2
        Materials and components for manufacturing.....|  126.4    126.9    127.4    127.9    127.4    128.0
          Materials for food manufacturing.............|  122.4    123.3    123.9    125.6    127.5    129.5
          Materials for nondurable manufacturing.......|  130.3    131.5    133.0    133.5    131.7    133.6
          Materials for durable manufacturing..........|  125.1    125.7    125.8    126.5    126.5    126.6
          Components for manufacturing.................|  126.0    125.9    125.8    126.1    126.0    125.7
        Materials and components for construction......|  151.8    152.0    151.9    151.5    151.5    151.9
        Processed fuels and lubricants.................|   97.2     98.8    102.0    100.9    100.7    107.0
          Manufacturing industries ....................|   99.5    101.4    102.9    103.7    102.4    107.4
          Nonmanufacturing industries..................|   95.7     97.2    101.5     99.2     99.7    106.8
        Containers.....................................|  151.5    152.5    153.5    153.8    153.4    153.6
        Supplies.......................................|  139.3    139.6    139.7    139.7    139.7    140.0
          Manufacturing industries.....................|  144.7    144.7    145.1    145.1    145.0    145.1
          Nonmanufacturing industries..................|  136.8    137.1    137.1    137.2    137.1    137.5
            Feeds......................................|  102.2    104.2    101.6    100.5    100.5    101.0
            Other supplies.............................|  141.1    141.3    141.5    141.7    141.6    142.1
                                                       |
      Crude materials for further processing...........|  107.8    110.2    111.5    117.9    120.5    128.8
        Foodstuffs and feedstuffs......................|   98.1     99.4     99.4    100.5    102.2    107.5
        Nonfood materials..............................|  111.9    115.2    117.5    127.9    131.2    141.5    
          Nonfood materials except fuel 2/.............|  105.4    107.9    108.2    102.8    105.6    114.3
            Manufacturing 2/...........................|   96.7     99.0     99.3     94.2     96.9    105.1
            Construction...............................|  182.2    182.3    183.1    182.4    181.8    180.2         
          Crude fuel 3/................................|  111.1    115.4    120.8    157.1    160.9    172.8
            Manufacturing industries...................|  107.6    111.5    116.6    150.0    153.4    164.6
            Nonmanufacturing industries................|  113.4    117.9    123.4    160.6    164.5    176.7
                                                       |
                     Special groupings                 |
                                                       |
      Finished goods, excluding foods..................|  138.4    139.0    140.1    139.5    139.0    141.3
      Intermediate materials less foods and feeds......|  128.9    129.6    130.5    130.5    130.1    131.8  
      Intermediate foods and feeds.....................|  116.3    117.6    117.2    117.9    119.3    120.8
      Crude materials less agricultural products 2/....|  112.9    116.4    118.8    129.4    132.7    143.5 
                                                       |
      Finished energy goods............................|   89.8     90.9     93.9     92.2     92.4     96.8  
      Finished goods less energy.......................|  146.7    146.9    147.2    147.2    146.9    148.5      
      Finished consumer goods less energy..............|  150.1    150.2    150.7    150.8    150.6    152.3
                                                       |
      Finished goods less foods and energy.............|  149.8    150.2    150.6    150.4    149.7    151.0      
      Finished consumer goods less foods and energy....|  157.4    157.8    158.3    158.1    157.5    158.9
      Consumer nondurable goods less foods and energy..|  177.9    178.3    178.7    178.8    178.8    179.5
                                                       |
      Intermediate energy goods........................|   96.5     98.6    102.0    100.8     99.8    105.9
      Intermediate materials less energy...............|  135.0    135.3    135.5    135.8    135.7    136.2
      Intermediate materials less foods and energy.....|  136.2    136.4    136.7    137.0    136.8    137.2
                                                       |
      Crude energy materials 2/........................|  101.2    105.9    108.9    123.2    127.6    141.6
      Crude materials less energy......................|  108.6    109.5    109.6    110.7    112.0    116.4
      Crude nonfood materials less energy 3/...........|  139.5    139.2    139.7    140.9    141.6    143.0
_____________________________________________________________________________________________________________

  1/  All seasonally adjusted indexes are subject to change up to 5 years after original publication due to
      the recalculation of seasonal factors each January.  The indexes for September 2002 have been recalculated
      to incorporate late reports and corrections by respondents.
  2/  Includes crude petroleum.
  3/  Excludes crude petroleum.

Technical Note



                Brief Explanation of Producer Price Indexes

     The term Producer Price Index (PPI) refers to a family of indexes that
measure the average change over time in the selling prices received by
domestic producers of goods and services.  PPIs measure price change from
the perspective of the seller.  This contrasts with other measures, such as
the Consumer Price Index (CPI); CPIs measure price change from the
purchaser's perspective.  Sellers' and purchasers' prices may differ due to
government subsidies, sales and excise taxes, and distribution costs.

     More than 10,000 PPIs for individual products and groups of products
are released each month.  PPIs are available for the products of virtually
every industry in the mining and manufacturing sectors of the U.S. economy.
New PPIs are gradually being introduced for the products of industries in
the transportation, utilities, trade, finance, and services sectors of the
economy.

     More than 100,000 price quotations per month are organized into three
sets of producer price indexes: (1) stage-of-processing indexes; (2)
commodity indexes; and (3) indexes for the net output of industries and
their products.  The stage-of-processing structure (tables 1, 2, and 5)
organizes products by class of buyer and degree of fabrication.  The
commodity structure (tables 2 and 3) organizes products by similarity of
end-use or material composition.  The entire output of various industries
is sampled to derive price indexes for the net output of industries and
their products (table 4).

     Within the stage-of-processing system, finished goods are commodities
that will not undergo further processing and are ready for sale to the
final demand user, either an individual consumer or business firm.
Consumer foods include unprocessed foods such as eggs and fresh vegetables,
as well as processed foods such as bakery products and meats.  Other
finished consumer goods include durable goods such as automobiles,
household furniture, and appliances; and nondurable goods such as apparel
and home heating oil.  Capital equipment includes producer durable goods
such as heavy motor trucks, tractors, and machine tools.

     The stage-of-processing category for intermediate materials, supplies,
and components consists partly of commodities that have been processed but
require further processing.  Examples of such semifinished goods include
flour, cotton yarn, steel mill products, and lumber.  The intermediate
goods category also encompasses nondurable physically complete items
purchased by business firms as inputs for their operations.  Examples
include diesel fuel, belts and belting, paper boxes, and fertilizers.

     Crude materials for further processing are products entering the
market for the first time that have not been manufactured or fabricated and
that are not sold directly to consumers.  Crude foodstuffs and feedstuffs
include items such as grains and livestock.  Examples of crude nonfood
materials include raw cotton, crude petroleum, coal, hides and skins, and
iron and steel scrap.

     Producer price indexes for the net output of industries and their
products are grouped according to the Standard Industrial Classification
(SIC).  Industry price indexes are compatible with other economic time
series organized by SIC codes, such as data on employment, wages, and
productivity.  Table 4 lists indexes for the net output of major mining and
manufacturing industry groups at the 2-digit level.

     Producer price indexes are based on selling prices reported by
establishments of all sizes selected by probability sampling, with the
probability of selection proportionate to size.  Individual items and
transaction terms from these firms are also chosen by probability
proportionate to size.  BLS strongly encourages cooperating companies to
supply actual transaction prices at the time of shipment to minimize the
use of list prices.  Prices are normally reported by mail questionnaire for
the Tuesday of the week containing the 13th.

    Price data are provided on a voluntary and confidential basis; no one
but sworn BLS employees are allowed access to individual company price
reports.  The Bureau publishes price indexes instead of unit dollar prices.
All producer price indexes are routinely subject to revision once, 4 months
after original publication, to reflect the availability of late reports and
corrections by respondents.

    The BLS periodically updates the PPI sample of survey respondents to
better reflect current conditions when the structure, membership,
technology, or product mix of an industry shifts significantly and to
spread reporting burden among smaller firms.  Results of these resampling
efforts are incorporated into the PPI every January and July.

    As part of an ongoing effort to expand coverage to sectors of the
economy other than mining and manufacturing, an increasing number of
service sector industries have been introduced into the PPI.  The following
list of recently introduced service industries includes the month in which
an article describing the industry's content appeared in the PPI Detailed
Report:

		                                 PPI Detailed	
        Industry                     SIC     Report Issue	
			
Wireless Telecommunications          4812     July 1999	
Telephone Communications, Except 
   Radio Telephone                   4813     July 1995
Television Broadcasting              4833     July 2002
Grocery Stores                       5411     July 2000	
Meat and Fish (Seafood) Markets,     5421     July 2000	
Fruit and Vegetable Markets          5431     July 2000	
Candy, Nut, and Confectionery Stores 5441     July 2000	
Retail Bakeries                      5461     July 2000	
Miscellaneous Food Stores            5499     July 2000	
New Car Dealers                      5511     July 2000
Gasoline Service Stations            5541     January 2002	
Boat Dealers                         5551     January 2002	
Recreational Vehicle Dealers         5561     January 2002	
Miscellaneous Retail                 59       January 2001
Security Brokers, Dealers, and 
   Investment Bankers	             6211     January 2001
Life Insurance Carriers              6311     January 1999	
Property and Casualty Insurance      6331     July 1998	
Operators and Lessors of 			
   Nonresidential Buildings          6512     January 1996	
Real Estate Agents and Managers      6531     January 1996	
Prepackaged Software                 7372     January 1998	
Data Processing Services             7374     January 2002	
Home Health Care Services            8082     January 1997	
Legal Services                       8111     January 1997	
Engineering, Design, Analysis,			
   and Consulting Services           8711     January 1997	
Architectural, Design, Analysis, 			
   and Consulting Services           8712     January 1997	
Premiums for Property and Casualty 			
   Insurance                         9331     July 1998	


     Weights for most traditional commodity groupings of the PPI, as well
as all indexes (such as stage-of-processing indexes) calculated from
traditional commodity groupings, currently reflect 1992 values of shipments
as reported in the Census of Manufactures and other sources.  From January
1992 through December 1995, PPI weights were derived from 1987 shipment
values.  Industry indexes shown in table 4 are also now calculated with
1992 net output weights.  This periodic update of the value weights used to
calculate the PPI is done to more accurately reflect changes in production
and marketing patterns in the economy.

     Net output values of shipments are used as weights for industry
indexes. Net output values refer to the value of shipments from
establishments in one industry to establishments classified in another
industry.  However, weights for commodity price indexes are based on gross
shipment values, including shipment values between establishments within
the same industry. As a result, broad commodity grouping indexes such as
the all commodities index are affected by the multiple counting of price
change at successive stages of processing, which can lead to exaggerated or
misleading signals about inflation.  Stage-of-processing indexes partially
correct this defect, but industry indexes consistently correct for this at
all levels of aggregation.  Therefore, industry and stage-of-processing
indexes are more appropriate than broad commodity groupings for economic
analysis of general price trends.

     Effective with publication of January 1988 data, many important PPI
series (including stage-of-processing groupings and most commodity groups
and individual items) were placed on a new reference base, 1982=100.  From
1971 through 1987, the standard reference base for most PPI series was
1967=100. Except for rounding differences, the shift to the new reference
base did not alter any changes to previously published percent changes for
affected PPI series. (See "Calculating Index Changes," below.) The new
reference base is not used for indexes with a base later than December
1981, nor for indexes for the net output of industries and their products.

     For further information on the underlying concepts and methodology of
the Producer Price Index, see chapter 14, "Producer Prices," in BLS
Handbook of Methods (April 1997), Bulletin 2490. Reprints are available
from the Bureau of Labor Statistics on request.

                         Calculating Index Changes

     Each index measures price changes from a reference period which equals
100.0 (1982 or some later month). An increase of 5.5 percent from the
reference period in the Finished Goods Price Index, for example, is shown
as 105.5.  This change can also be expressed in dollars as follows:
"Prices received by domestic producers of a systematic sample of finished
goods have risen from $100 in 1982 to $105.50 today." Likewise, a current
index of 90.0 would indicate that prices received by producers of finished
goods today are 10 percent lower than they were in 1982.

    Movements of price indexes from one month to another are usually
expressed as percent changes rather than as changes in index points because
index point changes are affected by the level of the index in relation to
its base period, whereas percent changes are not.  The example below shows
the computation of index point and percent changes.

     Index point change

     Finished Goods Price Index          107.5
     Less previous index                 104.0
     Equals index point change             3.5

     Index percent change

     Index point change                    3.5
     Divided by the previous index       104.0
     Equals                                0.034
     Result multiplied by 100              0.034 x 100
     Equals percent change                 3.4
                  

                  Seasonally Adjusted and Unadjusted Data

     Because price data are used for different purposes by different
groups, the Bureau of Labor Statistics publishes seasonally adjusted and
unadjusted changes each month.  Seasonally adjusted data are preferred for
analyzing general price trends in the economy because they eliminate the
effect of changes that normally occur at about the same time and in about
the same magnitude every year--such as price movements resulting from
normal weather patterns, regular production and marketing cycles, model
changeovers, seasonal discounts, and holidays.  For these reasons,
seasonally adjusted data more clearly reveal underlying cyclical trends.

     Unadjusted data are of primary interest to users who need information
that can be related to actual dollar values of transactions.  Individuals
requiring this information include marketing specialists, purchasing
agents, budget and cost analysts, contract specialists, and commodity
traders.  It is the unadjusted data that are generally cited in escalating
long-term contracts such as purchasing agreements or real estate leases.
(See Escalation and Producer Price Indexes:  A Guide for Contracting
Parties, BLS Report 807, September 1991, available on request from BLS.)

     For more information, see (1) "Appendix A: Seasonal Adjustment
Methodology at BLS," in the BLS Handbook of Methods (April 1997), Bulletin
2490 and (2) "Summary of  Changes to the PPI's  Seasonal Adjustment
Methodology" in the January 1995 issue of Producer Price Indexes.