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                    U.S. IMPORT AND EXPORT PRICE INDEXES
                               - AUGUST 2007 -


     The U.S. Import Price Index decreased 0.3 percent in August, the 
Bureau of Labor Statistics of the U.S. Department of Labor reported today, 
following a 1.3 percent advance in July.  The August decline was led by a 1.3 
percent downturn in petroleum prices.  In contrast, export prices rose 0.2 
percent in August after edging down 0.1 percent the previous month.   
        
               Percent changes in import and export price indexes
                               by End Use category
                            -not seasonally adjusted-

                            IMPORTS                      EXPORTS

   Month                               Non-                Agri-     Nonagri-
                    All    Petroleum petroleum    All     cultural   cultural
                  Imports   Imports   Imports   Exports   Exports    Exports

2006
August              0.5       1.0       0.5       0.4       0.9        0.5
September          -2.2     -11.0       0.1      -0.4      -0.5       -0.4
October            -2.5     -10.4      -0.6      -0.3       1.0       -0.5
November            0.4      -1.6       1.0       0.4       4.4        0.1
December            1.1       4.0       0.5       0.6       2.4        0.5

2007
January            -1.2      -6.6      -0.1       0.4       0.6        0.5
February            0.4       1.7       0.0       0.8       2.8        0.6
March               1.6       8.5       0.3       0.7       2.1        0.6
April               1.4       6.8       0.3       0.4      -1.4        0.5
May                 0.9       2.7 r     0.6       0.3 r    -0.1 r      0.4 r
June                1.1 r     4.7 r     0.3 r     0.4 r     2.7        0.2
July                1.3 r     6.4 r     0.1 r    -0.1 r     1.4 r     -0.2 r
August             -0.3      -1.3      -0.1       0.2       1.0        0.1

August 2005-06      6.0      20.9       2.7       5.2       3.7        5.3
August 2006-07      1.9       1.5       2.3       3.6      17.6        2.4

r = revised to reflect late reports and corrections by respondents.


Import Goods
        
     The decline in import prices in August was the first since a 1.2 percent 
drop in January.  A comparatively modest 1.3 percent decrease in petroleum 
prices followed six months of higher prices during which the index rose 34.9 
percent.  Nonpetroleum prices also decreased in August, falling 0.1 percent.  
The modest decline was the first downturn for this index since a 0.1 percent 
drop in January.  Excluding a 12.9 percent drop in natural gas prices, however, 
nonfuel import prices rose 0.2 percent in August.  Nonpetroleum prices rose 
2.3 percent for the year ended in August, while overall import prices increased 
1.9 percent for the same period. 
         
     The August downturn in nonpetroleum prices was driven by a 1.0 
percent decline in nonpetroleum industrial supplies and materials prices.  The 
drop in natural gas prices more than offset higher metals prices.  Despite the 
August drop, the price index for nonpetroleum industrial supplies and materials 
prices rose 6.0 percent over the past 12 months.  
        
     Each of the major finished goods areas rose 0.2 percent in August.  The 
increase in consumer goods prices followed a similar 0.2 percent advance in 
July and was led by modest price increases for medicinal, dental, and 
pharmaceutical materials and home entertainment equipment.  The price index 
for capital goods rose 0.2 percent for the fourth consecutive month, and in 
August an upturn in computer prices contributed to the advance.  Automotive 
vehicle prices also rose 0.2 percent in August after 0.1 percent increases in 
each of the prior four months.    
        
     Higher foods, feeds, and beverages prices also helped to offset lower 
fuel prices in August, increasing 0.7 percent for the month.
        
        
Export Goods 

     Prices for overall exports resumed an upward trend in August, rising 
0.2 percent after a modest 0.1 percent downturn in July.  The price indexes 
for both agricultural goods and nonagricultural goods contributed to the August 
advance, increasing 1.0 percent and 0.1 percent, respectively.  The rise in 
agricultural prices followed increases of 1.4 percent in July and 2.7 percent 
in June.  Higher prices for wheat, meat, and fish all factored into the August 
increase.  Agricultural prices rose 17.6 percent over the past year.  
Nonagricultural prices ticked up 0.1 percent in August after a 0.2 percent 
decline the previous month and advanced 2.4 percent for the year ended in 
August.  Overall exports rose 3.6 percent for the same period.
        
     The price indexes for capital goods, consumer goods, and automotive 
vehicles all increased 0.1 percent in August.   Each of those indexes has 
trended up for the past 12 months, rising 1.5 percent, 2.2 percent, and 1.1 
percent, respectively over that period.  
         
     Prices for nonagricultural industrial supplies and materials also 
contributed to the increase in nonagricultural goods prices, rising 0.1 percent.  
That increase followed a 1.0 percent decline in July and was largely led by 
rising prices for chemicals and some metals which mostly offset declining 
prices for fuel and steelmaking materials.  
        
        
Imports by Locality of Origin 
   
     Import prices from China rose 0.3 percent in August, the fourth 
consecutive month that the index has risen by at least that magnitude.  Prior 
to May, the index had not risen by more than 0.2 percent since publication 
began in December 2003.  Prices of imports from China increased 1.1 percent 
for the year ended in August.  

     The price indexes for imports from Mexico and the European Union 
also advanced in August, rising 0.7 percent and 0.1 percent, respectively.  
Import prices from Mexico increased 3.6 percent over the past year, while 
prices of imports from the European Union rose 2.1 percent for the same 
period.  
        
     In contrast, import prices from Canada fell 0.5 percent in August 
because of lower fuel prices, while prices of imports from Japan were 
unchanged.  Despite the August downturn, the price index for imports from 
Canada advanced 2.1 percent over the past 12 months.  Prices for imports from 
Japan fell 0.7 percent for the August 2006-2007 period. 

         
Import and Export Services

     The price index for export travel and tourism, which is lagged one 
month, declined 1.3 percent in July after a 0.2 percent drop in June.   

     Import air passenger fares increased for the sixth consecutive month, 
ticking up 0.1 percent in August.  Higher European and Latin American/Caribbean 
fares more than offset a 2.0 percent decline in Asian fares.  The price index 
for import air passenger fares rose 8.2 percent for the year ended in August.  
Export air passenger fares also increased in August, advancing 3.4 percent after 
a 5.1 percent gain in July.  The index rose 3.9 percent over the past 12 months.  

     The price indexes for import air freight and export air freight each 
increased in August, rising 1.4 percent and 0.3 percent, respectively.  Higher 
air freight prices to and from Europe led the increases.  Import air freight 
prices advanced 1.3 percent over the past year, while over the same period, export 
air freight prices rose 1.5 percent.


                  CONTENTS OF RELEASE

This news release includes the following tables:

Table 1    U.S. Import Price Indexes, by End Use
Table 2    U.S. Export Price Indexes, by End Use
Table 3    U.S. Import Price Indexes, by NAICS
Table 4    U.S. Export Price Indexes, by NAICS
Table 5    U.S. Import Price Indexes, by Harmonized System
Table 6    U.S. Export Price Indexes, by Harmonized System
Table 7    U.S. Import Price Indexes, by Locality of Origin
Table 8    U.S. International Price Indexes for Selected Transportation Services
Table 9    U.S. Export Price Indexes for Travel and Tourism Services
Table 10   U.S. Export Price Indexes for Postsecondary Education Services       
-------------------------------------------------------------------
Import and Export Price Index data for September 2007 are scheduled for release on 
October 11 at 8:30 A.M. (E.D.T.).  


Table  1     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  August 2006-August 2007     2000=100, unless otherwise noted
                                                                                    Index                     Percent Change
                                                                   Relative
                                                                    Import-                      Annual         Monthly
                                                                     ance                         Aug.   April    May     June    July
 END                            Description                                                       2006    2007    2007    2007    2007
 USE                                                                 July      July     August     to      to      to      to      to
                                                                     2007      2007      2007     Aug.    May     June    July    Aug.
                                                                      1/                          2007    2007    2007    2007    2007

         ALL COMMODITIES.......................................... 100.000    121.5      121.1     1.9     0.9     1.1     1.3    -0.3
         ALL IMPORTS EXCLUDING PETROLEUM..........................  79.802    107.2      107.1     2.3     0.6     0.3     0.1    -0.1
         ALL IMPORTS EXCLUDING FUELS
                (Dec. 2001=100)...................................  77.381    109.7      109.9     2.2     0.5     0.2     0.3     0.2

0          FOODS, FEEDS, & BEVERAGES..............................   4.339    129.4      130.3     8.0     0.9     0.3     1.3     0.7

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages.............   3.308    141.3      142.1     9.4     1.1     0.3     1.3     0.6

01               Nonagricultural foods (fish, distilled beverages)   1.031    102.9      103.9     4.1     0.3     0.3     1.4     1.0

1          INDUSTRIAL SUPPLIES & MATERIALS........................  37.845    191.2      188.9     3.3     2.3     2.7     3.2    -1.2
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING PETROLEUM...........................  17.647    143.9      142.4     6.0     1.9     0.7    -0.4    -1.0
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING FUELS (Dec. 2001=100)...............  15.226    151.5      151.9     6.1     1.7     0.7     0.0     0.3
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE.......................................   9.987    147.9      148.4     7.7     2.4     1.0    -0.3     0.3
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE EXCLUDING PETROLEUM................   7.659    138.2      134.2     3.7     1.3     0.4    -0.5    -2.9

10               Fuels & lubricants...............................  22.619    250.6      245.2     1.8     2.7     4.3     5.3    -2.2
100                  Petroleum & petroleum products...............  20.198    261.0      257.5     1.5     2.7     4.7     6.4    -1.3
10000                        Crude................................  14.244    263.5      264.0     3.8     3.0     5.6     7.2     0.2

101                  Fuels, n.e.s.-coals & gas....................   1.860    166.0      146.4   -11.3     1.9    -0.4    -7.1   -11.8

10110                        Gas-natural..........................   1.692    160.9      140.1   -13.2     1.9    -0.6    -7.9   -12.9

11               Paper & paper base stocks........................   0.810    110.2      110.7    -1.9     0.0     0.2    -0.5     0.5

12               Materials associated with nondurable
                        supplies & materials......................   4.508    126.3      126.4     4.1     0.5     0.0     1.0     0.1

13               Selected building materials......................   1.922    116.4      115.7     0.4    -0.2     1.7     2.9    -0.6

14               Unfinished metals related to durable goods.......   4.702    215.2      216.0    14.5     3.7     1.2    -2.0     0.4

15               Finished metals related to durable goods.........   1.720    133.7      135.7     5.3     4.1     0.4     0.1     1.5

16               Nonmetals related to durable goods...............   1.564    102.1      102.1     0.6     0.1    -0.1     0.5     0.0

2          CAPITAL GOODS..........................................  21.199     91.5       91.7     0.4     0.2     0.2     0.2     0.2

20               Electric generating equipment....................   2.603    105.9      106.3     4.1     0.3     0.5     0.2     0.4

21               Nonelectrical machinery..........................  16.943     87.3       87.5    -0.5     0.1     0.2     0.1     0.2

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)............   1.653    113.4      113.5     4.9     0.2     0.1     2.2     0.1

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES...................  13.539    104.8      105.0     0.9     0.1     0.1     0.1     0.2

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES.....................................  23.078    101.6      101.8     1.4     0.0     0.1     0.2     0.2

40               Nondurables, manufactured........................  10.687    104.7      104.8     1.7     0.2     0.0     0.4     0.1

41               Durables, manufactured...........................  11.239     98.2       98.4     0.7    -0.1     0.1     0.0     0.2

42               Nonmanufactured consumer goods...................   1.152    103.4      104.0     3.9     0.1     0.3     0.7     0.6


     1   Relative importance figures are based on 2005 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available


Table  2     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  August 2006-August 2007     2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
                                                                        ance                         Aug.   April    May     June    July
 END                             Description                                                         2006    2007    2007    2007    2007
 USE                                                                    July      July     August     to      to      to      to      to
                                                                        2007      2007      2007     Aug.    May     June    July    Aug.
                                                                         1/                          2007    2007    2007    2007    2007

         ALL COMMODITIES............................................. 100.000    115.9      116.1     3.6     0.3     0.4    -0.1     0.2
         AGRICULTURAL COMMODITIES....................................   8.541    148.7      150.2    17.6    -0.1     2.7     1.4     1.0
         NONAGRICULTURAL COMMODITIES.................................  91.460    113.6      113.7     2.4     0.4     0.2    -0.2     0.1

0          FOODS, FEEDS, & BEVERAGES.................................   7.734    148.9      151.0    16.6    -0.1     2.3     0.3     1.4

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages................   7.042    151.1      153.3    18.1     0.1     2.7     0.1     1.5

01               Nonagricultural foods (fish, distilled beverages)...   0.692    130.1      132.1     4.1    -3.1    -1.1     1.3     1.5

1          INDUSTRIAL SUPPLIES & MATERIALS...........................  30.031    148.2      148.2     5.0     0.7     0.5    -0.5     0.0
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE..........................................  11.560    155.6      156.0     6.3    -0.1     0.1    -3.3     0.3
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE.......................................  18.472    144.5      144.4     4.4     1.2     0.8     1.3    -0.1

10               Agricultural industrial supplies & materials........   1.499    138.8      137.3    15.6    -1.4     2.9     7.8    -1.1

           NONAGRICULTURAL INDUSTRIAL SUPPLIES
                        & MATERIALS..................................  28.532    148.9      149.1     4.5     0.8     0.4    -1.0     0.1

11               Fuels & lubricants..................................   4.523    202.7      196.0    -5.4     0.3     0.9     0.9    -3.3

12               Nonagricultural supplies & materials
                        excluding fuels & building materials.........  22.893    144.1      145.2     6.8     1.0     0.3    -1.4     0.8

13               Selected building materials.........................   1.116    114.1      114.1     3.6     0.4     0.5     0.2     0.0

2          CAPITAL GOODS.............................................  39.270     99.7       99.8     1.5     0.2     0.1     0.1     0.1

20               Electrical generating equipment.....................   3.680    106.6      106.7     1.7    -0.1     0.1     0.1     0.1

21               Nonelectrical machinery.............................  28.450     93.1       93.1     0.8     0.2     0.0     0.2     0.0

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)...............   7.139    122.7      123.0     4.7     0.1     0.3     0.3     0.2

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES......................  10.482    106.2      106.3     1.1     0.0     0.1     0.1     0.1

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES........................................  12.484    106.1      106.2     2.2     0.3     0.1     0.3     0.1

40               Nondurables, manufactured...........................   5.952    107.1      107.3     3.5     0.7     0.3     0.4     0.2

41               Durables, manufactured..............................   5.455    104.0      103.9     1.0     0.1    -0.3     0.3    -0.1


     1   Relative importance figures are based on 2005 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available


Table  3     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  August 2006-August 2007     December  2005=100, unless otherwise noted
                                                                                        Index                     Percent Change
                                                                        Relative
                                                                         Import-                      Annual         Monthly
                                                                          ance                         Aug.   April    May     June    July
NAICS                             Description                                                          2006    2007    2007    2007    2007
                                                                          July      July     August     to      to      to      to      to
                                                                          2007      2007      2007     Aug.    May     June    July    Aug.
                                                                           1/                          2007    2007    2007    2007    2007

         Nonmanufactured Articles......................................  18.528    121.1      119.9     2.7     2.6     4.0     5.6    -1.0

11               AGRICULTURE AND LIVESTOCK PRODUCTS....................   1.521    115.8      116.2     9.8     0.5    -1.4     2.9     0.3
111                  Agricultural products.............................   1.064    116.7      117.3    15.9    -0.1    -1.9     5.4     0.5

21               OIL, GAS, MINERALS AND ORES...........................  17.007    121.6      120.3     2.1     2.8     4.5     5.8    -1.1
212                  Minerals and ores (Dec. 2006=100).................   0.394    102.8      102.7    n.a.     0.3     0.4     0.3    -0.1

         Manufactured Articles.........................................  80.880    106.2      106.0     2.2     0.7     0.5     0.5    -0.2

31               MANUFACTURED GOODS, PART 1............................  10.174    104.2      104.5     3.3     0.5     0.4     0.5     0.3
311                  Food and kindred products.........................   2.439    112.4      113.3    10.0     1.7     1.4     1.3     0.8
312                  Beverages and tobacco products....................   0.791    103.0      103.2     1.5     0.1     0.0     0.3     0.2
313                  Textiles and fabrics..............................   0.493    106.9      107.4     3.7     0.2     0.8     0.3     0.5
314                  Textile mill products.............................   0.762    100.8      100.9     0.1     0.1     0.1     0.2     0.1
315                  Apparel and accessories...........................   4.234    101.2      101.2     1.2     0.2     0.1     0.2     0.0
316                  Leather and allied products.......................   1.454    101.9      102.0     1.2     0.1    -0.1     0.4     0.1

32               MANUFACTURED GOODS, PART 2............................  18.086    111.5      109.9     2.2     0.8     1.4     1.8    -1.4
321                  Wood products.....................................   1.238     95.3       94.5    -0.7    -0.4     2.8     3.3    -0.8
322                  Paper.............................................   1.324    103.6      103.8    -1.2     0.0     0.2    -0.1     0.2
324                  Petroleum and coal products.......................   4.743    121.9      114.5    -7.4     1.7     3.1     2.5    -6.1
325                  Chemicals.........................................   7.917    112.6      112.9     9.3     0.9     0.7     1.9     0.3
326                  Plastics and rubber products......................   1.658    103.9      104.1     1.4     0.1    -0.1     0.7     0.2
327                  Nonmetallic mineral products......................   1.100    107.2      107.4     3.8     0.5     0.1     1.6     0.2

33               MANUFACTURED GOODS, PART 3............................  52.620    104.8      105.0     1.9     0.5     0.3    -0.1     0.2
331                  Primary metals....................................   5.528    148.2      149.0    13.5     4.5     1.0    -2.1     0.5
332                  Fabricated metal products, nesoi..................   2.516    109.0      109.5     4.9     0.8     0.3     0.7     0.5
333                  Machinery, except electrical......................   6.586    105.7      106.1     3.7     0.2     0.6     0.1     0.4
334                  Computer and electronic products..................  13.842     94.6       94.8    -3.1    -0.1    -0.1    -0.2     0.2
335                  Electrical equipment, appliances, and components..   3.611    106.7      107.1     4.3     0.4     0.4     0.4     0.4
336                  Transportation equipment..........................  14.295    101.6      101.7     1.2     0.1     0.2     0.3     0.1
337                  Furniture and fixtures............................   1.444    101.6      101.6     1.2     0.1     0.2     0.3     0.0
339                  Miscellaneous manufactured commodities............   4.797    106.2      106.3     2.1     0.0     0.2     0.1     0.1


     1   Relative importance figures are based on 2005 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available


Table  4     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  August 2006-August 2007     December  2005=100, unless otherwise noted
                                                                                         Index                     Percent Change
                                                                        Relative
                                                                         Import-                      Annual         Monthly
                                                                          ance                         Aug.   April    May     June    July
NAICS                             Description                                                          2006    2007    2007    2007    2007
                                                                          July      July     August     to      to      to      to      to
                                                                          2007      2007      2007     Aug.    May     June    July    Aug.
                                                                           1/                          2007    2007    2007    2007    2007

         Nonmanufactured Articles......................................   6.224    117.6      118.4    12.2    -1.0     1.5     1.6     0.7

11               AGRICULTURE AND LIVESTOCK PRODUCTS....................   4.674    128.1      129.6    20.8    -1.2     2.8     3.8     1.2
111                  Agricultural products.............................   4.258    130.3      131.9    23.0    -0.5     3.3     4.1     1.2

21               OIL, GAS, MINERALS AND ORES...........................   1.550     94.3       93.4    -8.0    -0.3    -2.0    -4.4    -1.0
211                  Oil and gas.......................................   0.491     85.9       82.9   -13.4    -1.7    -6.3   -10.4    -3.5
212                  Minerals and ores.................................   1.059     98.9       99.1    -4.9     0.5     0.4    -1.3     0.2

         Manufactured Articles.........................................  90.970    106.0      106.2     2.8     0.6     0.4     0.3     0.2

31               MANUFACTURED GOODS, PART 1............................   6.799    110.3      111.2     9.3     0.6     1.2     0.4     0.8
311                  Food and kindred products.........................   4.237    117.7      119.3    15.2     1.0     1.8     0.8     1.4
312                  Beverages and tobacco products....................   0.485    102.1      102.2     1.2     0.2     0.1    -0.3     0.1
313                  Textiles and fabrics..............................   0.962     98.4       98.5     1.9     0.0     0.0     0.0     0.1
315                  Apparel and accessories...........................   0.555    100.5      100.5     0.4     0.0     0.1     0.0     0.0

32               MANUFACTURED GOODS, PART 2............................  23.013    111.2      111.5     3.7     1.3     0.7     0.9     0.3
321                  Wood products.....................................   0.568    111.2      111.0     6.7     0.1     1.2     0.5    -0.2
322                  Paper.............................................   2.115    110.2      110.6     3.5     0.4     0.2     0.7     0.4
324                  Petroleum and coal products.......................   2.681    129.0      122.4    -5.6     0.1     2.8     3.1    -5.1
325                  Chemicals.........................................  14.373    109.9      111.3     5.8     2.1     0.5     0.6     1.3
326                  Plastics and rubber products......................   2.312    104.7      105.3     2.1    -0.3     0.6     0.5     0.6
327                  Nonmetallic mineral products......................   0.857    107.4      106.9     4.5     0.9    -0.4     0.7    -0.5

33               MANUFACTURED GOODS, PART 3............................  61.159    103.7      103.7     1.8     0.4     0.1     0.1     0.0
331                  Primary metals....................................   4.225    125.1      125.1     4.3     2.8     0.4    -1.7     0.0
332                  Fabricated metal products, nesoi..................   2.817    112.7      112.6     5.4     1.9     0.0     0.1    -0.1
333                  Machinery, except electrical......................  12.182    105.6      106.0     3.7     0.3     0.1     0.6     0.4
334                  Computer and electronic products..................  17.051     96.3       96.2    -1.6     0.1     0.0    -0.2    -0.1
335                  Electrical equipment, appliances, and components..   3.599    104.6      104.6     3.0     0.0     0.2     0.5     0.0
336                  Transportation equipment..........................  16.490    104.3      104.3     2.4     0.1     0.2     0.2     0.0
339                  Miscellaneous manufactured commodities............   4.452    104.1      104.2     2.1    -0.1     0.1     0.5     0.1


     1   Relative importance figures are based on 2005 trade values.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  5     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  August 2006-August 2007     2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         Aug.   April    May     June    July
nized                            Description                                                         2006    2007    2007    2007    2007
System                                                                  July      July     August     to      to      to      to      to
                                                                        2007      2007      2007     Aug.    May     June    July    Aug.
                                                                         1/                          2007    2007    2007    2007    2007

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.180    128.3      130.1     7.9     2.4     0.8     0.7     1.4
02               Meat and edible meat offal..........................   0.308    148.0      149.4     6.3     1.7     0.6     0.8     0.9
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.587    101.4      102.3     3.8     0.2    -0.4     1.2     0.9

II         VEGETABLE PRODUCTS........................................   1.170    133.5      134.1    12.3    -1.1    -0.2     3.2     0.4
07               Edible vegetables, roots, and tubers................   0.339    202.9      203.2    25.1    -7.7    -7.4    15.7     0.1
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.326     87.5       88.9     1.0     4.1     2.5    -3.7     1.6
09               Coffee, tea, mate and spices........................   0.240    142.6      143.7    14.7    -0.1     5.1     0.4     0.8

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.031    125.2      125.4     5.4     0.6     0.6     0.7     0.2
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.259    122.0      121.9     3.9     0.3     0.8    -1.0    -0.1
22               Beverages, spirits, and vinegar.....................   0.763    111.2      111.4     0.8     0.4     0.3    -0.6     0.2

V          MINERAL PRODUCTS..........................................  22.175    245.6      240.4     0.5     2.5     4.1     5.1    -2.1
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........  21.785    245.4      240.1     0.4     2.5     4.2     5.1    -2.2

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................   7.165    125.6      125.5     8.8     1.0     0.2     1.6    -0.1
28               Inorganic chemicals.................................   1.043    238.7      237.1    52.7     3.9     2.2     7.9    -0.7
29               Organic chemicals...................................   2.470    119.4      118.9     0.1     0.4    -2.0    -0.4    -0.4
30               Pharmaceutical products.............................   1.960    108.7      109.1     2.8     0.1     0.3     1.0     0.4
32               Tanning & dyeing extracts; dye &
                        pigments; varnish & paints; putty............   0.173    102.2      103.1     4.6    -0.3     0.1     0.6     0.9
33               Essential oils and resinoids (Dec. 2001=100)........   0.406    114.1      114.1     4.2     1.3     0.1     0.3     0.0
38               Miscellaneous chemical products.....................   0.421     98.0       98.2     4.6     2.3     0.7     0.8     0.2

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   2.878    122.5      122.8     0.3     0.3     0.1     0.7     0.2
39               Plastics and articles thereof.......................   1.871    120.0      120.1     0.7     0.5     0.3     1.0     0.1
40               Rubber and articles thereof.........................   1.007    127.3      128.0    -0.3     0.2    -0.1    -0.2     0.5

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.588    107.9      108.0     2.3     0.2     0.3     0.8     0.1
42               Articles of leather; travel goods, bags,
                        etc. of various materials....................   0.511    108.0      108.2     2.4     0.2     0.3     0.8     0.2

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   1.306    117.3      116.2    -1.1    -0.4     2.4     3.3    -0.9

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   1.510    108.0      108.3    -0.9     0.1     0.2     0.0     0.3
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.027    103.7      103.8    -2.9    -0.1    -0.1    -0.1     0.1
49               Printed matter......................................   0.271    116.3      116.4     1.7     0.2     0.3     0.6     0.1

XI         TEXTILE AND TEXTILE ARTICLES..............................   5.302    102.2      102.3     1.3     0.2     0.1     0.1     0.1
61               Articles of apparel and clothing
                        accessories, knitted or crocheted............   1.889    100.4      100.4     0.2     0.0    -0.1     0.1     0.0
62               Articles of apparel and clothing
                        accessories, not knitted or crocheted........   2.145    101.3      101.4     1.8     0.3     0.1     0.1     0.1
63               Made-up or worn textile articles....................   0.515     94.1       94.1    -0.4     0.0     0.0     0.2     0.0

XII        HEADGEAR, UMBRELLAS,
                 ARTIFICIAL FLOWERS, ETC.............................   1.214    102.0      102.0     1.4     0.0    -0.2     0.5     0.0
64               Footwear and  parts of such articles................   1.025    101.8      101.8     0.7     0.0    -0.2     0.5     0.0

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.954    111.5      111.8     2.6     0.6     0.0     1.0     0.3
68               Articles of stone, plaster, cement,
                        asbestos, or mica (Dec. 2001=100)............   0.332    103.9      103.9     0.5     0.0     0.0     1.2     0.0
69               Ceramic products....................................   0.304    118.8      118.8     5.0     1.7    -0.1     2.0     0.0
70               Glass and glassware.................................   0.318    111.2      111.8     2.1     0.3     0.3    -0.1     0.5

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.784    132.5      132.8     6.4     1.1    -0.4    -0.2     0.2

XV         BASE METALS AND ARTICLES OF BASE METAL....................   6.641    174.2      174.5     9.6     3.3     1.3    -1.4     0.2
72               Iron and steel......................................   1.586    209.7      211.2    17.8     0.4     3.0     1.8     0.7
73               Articles of iron or steel...........................   1.444    129.7      130.3     3.3     0.5     0.7     0.6     0.5
74               Copper and articles thereof.........................   0.898    302.1      316.3     4.3    15.3     0.5    -1.8     4.7
76               Aluminum and articles thereof.......................   1.074    143.6      145.4     2.9     1.4    -0.7    -2.2     1.3
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.346    107.7      107.6     0.7     0.0    -0.1    -0.2    -0.1
83               Miscellaneous articles of base metal................   0.467    124.9      125.6     4.0     0.3     0.1     0.1     0.6

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE & SOUND RECORDERS, PARTS, ETC.................  23.822     88.0       88.2     0.1     0.1     0.1     0.2     0.2
84               Machinery and mechanical appliances; parts thereof..  12.330     88.6       88.8     0.3     0.0     0.1     0.5     0.2
85               Electrical machinery and equip, sound
                        and TV recorders & reproducers, parts........  11.492     87.4       87.6    -0.2     0.1     0.1     0.0     0.2

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  12.406    106.1      106.2     1.1     0.1     0.2     0.2     0.1
87               Motor vehicles and their parts......................  11.452    105.3      105.4     1.0     0.2     0.2     0.2     0.1
88               Aircraft, spacecraft, and parts
                        thereof (Dec. 2002=100)......................   0.845    109.1      109.2     2.3     0.2     0.1     0.1     0.1

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   2.907     99.0       99.3    -0.1    -0.1     0.2    -0.4     0.3
90               Optical, photographic, measuring and
                        medical instruments..........................   2.580     97.3       97.6    -0.4    -0.2     0.3    -0.4     0.3
91               Clocks and watches and parts thereof................   0.240    116.3      116.5     4.2     0.1     0.2     0.2     0.2

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   3.746    101.3      101.4     1.7     0.0     0.1     0.2     0.1
94               Furniture & stuffed furnishings; lamps &
                        lighting fittings, nesoi; prefab bldg........   2.129    104.8      104.9     1.4    -0.1     0.1     0.2     0.1
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   1.410     96.4       96.4     1.7     0.0     0.1     0.2     0.0
96               Miscellaneous manufactured articles.................   0.206    107.2      107.2     5.3     0.2     0.1     0.3     0.0


     1   Relative importance figures are based on 2005 trade values.
     2   Product categories included in this group have been modified due to concordance or coverage limitations.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  6     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  August 2006-August 2007     2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         Aug.   April    May     June    July
nized                            Description                                                         2006    2007    2007    2007    2007
System                                                                  July      July     August     to      to      to      to      to
                                                                        2007      2007      2007     Aug.    May     June    July    Aug.
                                                                         1/                          2007    2007    2007    2007    2007

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.621    156.0      158.7    17.6     0.5     1.9     1.8     1.7
02               Meat & edible meat offal (Dec. 2006=100)............   0.862    127.2      130.1    n.a.     3.7     4.6     1.9     2.3
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.424    126.4      128.8     2.9    -4.2    -1.4     1.8     1.9

II         VEGETABLE PRODUCTS........................................   4.258    163.3      165.3    22.4    -0.8     3.0     2.5     1.2
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.643    115.0      119.5    -2.1    -4.3    -2.3    -2.1     3.9
10               Cereals.............................................   1.811    174.8      179.7    29.7     5.4     2.8    -2.5     2.8
12               Oilseeds and misc. grains, seeds,
                        fruits, plants, straw and fodder.............   1.195    167.3      166.0    36.0    -3.2     9.5     6.3    -0.8

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.285    120.3      121.4     6.9    -0.1     0.0    -0.2     0.9
21               Miscellaneous edible preparations...................   0.421    111.6      115.9     6.8    -0.2    -0.6     0.7     3.9
23               Residues and waste from the food
                        industries; prepared animal feed.............   0.488    144.2      144.1    14.5    -0.6     0.8     0.8    -0.1

V          MINERAL PRODUCTS..........................................   4.441    244.5      237.1    -2.5     0.4     0.7     0.5    -3.0
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........   3.710    231.9      223.3    -3.5    -0.6     0.9     0.6    -3.7

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................  11.893    130.9      132.5     6.4     2.1     0.5     0.7     1.2
28               Inorganic chemicals.................................   1.171    159.2      159.5     1.7     0.0     1.6     3.3     0.2
29               Organic chemicals...................................   3.814    146.7      150.7     6.7     3.0     0.5    -0.1     2.7
30               Pharmaceutical products.............................   2.514    114.7      114.9     4.8     0.9     0.4     0.5     0.2
32               Tanning or dyeing extracts, dyes,
                        paints, varnish, putty, & inks...............   0.606    116.3      114.4     4.3     0.1     1.2     1.0    -1.6
33               Essential oils and resinoids;
                        perfumery, cosmetic or toilet................   0.683    117.5      118.1     3.4     0.6     0.2     0.5     0.5
34               Soap; lubricants; waxes, polishing or
                        scouring products; candles, pastes...........   0.408    111.9      118.7     9.0     0.8     0.5     0.4     6.1
38               Miscellaneous chemical products.....................   1.674    119.7      119.8     6.9    -0.2     0.3     0.0     0.1

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   5.478    132.0      133.1     2.1     0.8     0.4     0.5     0.8
39               Plastics and articles thereof.......................   4.385    127.8      129.1     1.3     1.0     0.3     0.6     1.0
40               Rubber and articles thereof.........................   1.093    149.8      150.0     5.3     0.3     0.6     0.4     0.1

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.462    119.1      118.5     1.1    -0.9    -1.0    -2.9    -0.5

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   0.729    113.2      112.1     3.1    -0.1     0.5    -0.3    -1.0

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   2.704    111.6      111.9     4.9     0.0     0.6     0.9     0.3
47               Woodpulp and recovered paper........................   0.678    115.7      115.8    15.9    -1.5     2.2     2.7     0.1
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.444    108.6      108.8     2.2     0.3    -0.3     0.4     0.2
49               Printed material....................................   0.582    118.1      118.5     0.3     0.9     1.0     0.5     0.3

XI         TEXTILE AND TEXTILE ARTICLES..............................   2.463    104.1      104.0     1.9    -1.5     1.1     2.2    -0.1
52               Cotton, including yarns and woven fabrics thereof...   0.694     99.5       98.5     3.8    -3.8     2.6     7.7    -1.0

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.812    110.2      110.3     6.3     0.6     0.8     0.1     0.1
70               Glass and glassware.................................   0.439     99.1       99.2     4.4     0.8     0.8     0.6     0.1

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   3.336    153.0      156.8    14.0    -5.0    -0.2    -6.0     2.5

XV         BASE METALS AND ARTICLES OF BASE METALS...................   6.000    166.0      164.4     4.7     2.1     0.4    -1.9    -1.0
72               Iron and steel......................................   1.543    200.0      194.0     7.5     3.1     1.8    -4.5    -3.0
73               Articles of iron or steel...........................   1.449    148.0      147.2     6.6     2.8    -0.1    -0.3    -0.5
74               Copper and articles thereof.........................   0.686    244.8      248.5    -0.9     1.0     0.6     0.4     1.5
76               Aluminum and articles thereof.......................   1.028    146.6      147.5     3.9     1.4    -0.8    -1.9     0.6
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.406    115.1      115.1     3.4     0.0     0.0     0.4     0.0
83               Miscellaneous articles of base metal................   0.405    127.9      127.9     2.1     0.2     0.2     0.2     0.0

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE AND SOUND RECORDERS, PARTS, ETC...............  31.758     94.4       94.4     0.9     0.1     0.0     0.1     0.0
84               Machinery and mechanical appliances; parts thereof..  18.217    102.9      103.0     1.1     0.2     0.1     0.2     0.1
85               Electrical machinery and equipment
                        and parts and accessories thereof............  13.541     85.1       85.0     0.5     0.1    -0.2     0.0    -0.1

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  13.743    114.0      114.0     2.0     0.2     0.3     0.2     0.0
87               Motor vehicles and their parts......................   8.836    105.7      105.7     0.9     0.1     0.1     0.0     0.0

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   6.169    103.5      103.9     1.6     0.0     0.0     0.2     0.4

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   1.446    104.8      104.9     3.2     0.0    -0.1     0.3     0.1
94               Furniture; stuffed furnishings;
                        lamps and lighting fittings nesoi;...........   0.796    113.4      113.6     5.6     0.0    -0.1     0.4     0.2
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   0.485     89.6       89.7    -5.4     0.0     0.0     0.0     0.1


     1   Relative importance figures are based on 2005 trade values.
     2   Product categories included in this group have been modified due to concordance or coverage limitations.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  7     U.S. Import Price Indexes and Percent Changes by Locality of Origin
                  August 2006-August 2007     2000=100, unless otherwise noted
                                                                        Index                           Percent Change

                                                                                        Annual            Monthly
                                                        Percentage                       Aug.     April     May      June     July
                        Description                        of                            2006      2007     2007     2007     2007
                                                          U.S.     July      August       to        to       to       to       to
                                                        Imports    2007       2007       Aug.      May      June     July     Aug.
                                                           1/                            2007      2007     2007     2007     2007

 2/ Industrialized Countries............................ 44.813   120.7      120.7        2.5       0.7      0.8      0.8      0.0
         Nonmanufactured Articles.......................  4.582   204.2      196.2       -2.9       2.5      2.2      3.2     -3.9
         Manufactured Articles.......................... 39.766   114.2      114.8        3.2       0.5      0.6      0.6      0.5

 3/ Other Countries..................................... 55.187   119.9      120.2        2.6       1.2      1.4      1.7      0.3
         Nonmanufactured Articles....................... 11.023   234.9      235.8        4.4       2.6      4.6      6.6      0.4
         Manufactured Articles.......................... 43.965   103.7      103.9        2.4       0.8      0.4      0.2      0.2

    Canada.............................................. 17.052   136.2      135.5        2.1       1.0      1.0      1.0     -0.5
         Nonmanufactured Articles.......................  3.871   200.6      191.1       -5.7       2.5      1.1      2.3     -4.7
         Manufactured Articles.......................... 12.851   124.3      125.2        4.4       0.7      1.0      0.6      0.7

 4/ European Union...................................... 17.908   121.3      121.4        2.1      -0.1      0.4     -0.2      0.1
         Nonmanufactured Articles.......................  0.389   245.4      245.5        3.9       3.3      6.0      4.6      0.0
         Manufactured Articles.......................... 17.406   118.7      119.1        2.1      -0.3      0.2     -0.4      0.3

    France (Dec. 2003=100)..............................  1.888   109.3      109.6        5.5       1.4     -1.5      1.8      0.3

    Germany (Dec. 2003=100).............................  5.008   107.9      108.5        3.8       0.4      0.2      0.3      0.6

    United Kingdom (Dec. 2003=100)......................  2.845   121.8      121.8        3.7       0.9      0.8      1.1      0.0

 5/ Latin America....................................... 17.619   149.1      149.1        2.8       2.1      1.3      2.1      0.0
         Nonmanufactured Articles.......................  4.822   240.8      240.9        5.2       1.9      3.9      7.3      0.0
         Manufactured Articles.......................... 12.721   131.0      130.9        1.7       2.3      0.2     -0.2     -0.1

    Mexico (Dec. 2003=100).............................. 10.163   128.1      129.0        3.6       0.7      1.9      1.5      0.7

 6/ Pacific Rim (Dec. 2003=100)......................... 33.452    98.9       99.1        0.2       0.1      0.3      0.3      0.2

    China (Dec. 2003=100)............................... 14.941    98.4       98.7        1.1       0.3      0.4      0.3      0.3

    Japan...............................................  8.308    93.8       93.8       -0.7       0.0      0.1     -0.2      0.0

 7/ Asian NICs..........................................  6.124    88.7       88.8       -0.9      -0.1      0.3      0.2      0.1

 8/ ASEAN (Dec. 2003=100)...............................  5.993    96.8       96.9       -2.7       0.2      0.2      0.7      0.1

 9/ Asia Near East (Dec. 2003=100)......................  3.765   200.2      200.0        3.8       3.7      3.3      5.1     -0.1


1   Percentage of trade figures are based on 2005 trade values.
2   Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
3   Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
4   Includes European Union countries.
5   Includes Mexico, Central America, South America and the Caribbean.
6   Includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and Asian Newly Industrialized Countries.
7   Asian Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.
8   Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
9   Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.

    NOTES:  Data may be revised in each of the three months after original publication.
            Regions are not mutually exclusive.
            n.a.  Not available


Table  8     U.S. International Price Indexes and Percent Changes for Selected Transportation Services
                  August 2006-August 2007     2000=100, unless otherwise noted
                                                                         Index                         Percent Change
                                                        Relative
                                                         Import-                        Annual            Monthly
                                                          ance                           Aug.     April     May      June     July
                        Description                                                      2006      2007     2007     2007     2007
                                                          July      July     August       to        to       to       to       to
                                                          2007      2007      2007       Aug.      May      June     July     Aug.
                                                           1/                            2007      2007     2007     2007     2007

    AIR FREIGHT
      Import Air Freight................................ 100.000    132.3     134.1       1.3      1.1     -0.2      0.0      1.4
           Europe (Dec. 2003=100).......................  28.170    132.0     135.9       4.5      3.1      0.0     -0.1      3.0
           Asia.........................................  60.856    114.6     115.4      -0.3      0.2     -0.3      0.0      0.7

      Export Air Freight................................ 100.000    117.7     118.0       1.5      0.2     -0.4      0.6      0.3
           Europe (Dec. 2006=100).......................  39.020    101.0     101.8      n.a.      0.2     -0.5      0.6      0.8

      Inbound Air Freight............................... 100.000    127.3     129.3       0.8      0.6     -0.2      0.0      1.6
           Europe (Dec. 2003=100).......................  30.064    127.1     130.4       3.6      2.3     -0.1     -0.2      2.6
           Asia.........................................  56.960    108.8     110.0      -0.7     -0.5     -0.4     -0.1      1.1

      Outbound Air Freight.............................. 100.000    114.9     116.2       0.1      1.0      0.0      0.5      1.1
           Europe (Dec. 2003=100).......................  42.073    130.3     131.4      -0.8      0.9      0.4      0.6      0.8
           Asia.........................................  40.436    104.6     105.9      -1.9      1.1     -0.2      0.2      1.2

    AIR PASSENGER FARES
      Import Air Passenger Fares........................ 100.000    149.4     149.6       8.2      0.2     13.4      3.3      0.1
           Europe.......................................  45.100    154.3     155.6      17.0      1.2     17.9      0.3      0.8
           Asia.........................................  26.121    143.3     140.4       5.4      0.6     16.7      5.8     -2.0
           Latin America/Caribbean......................  11.351    122.5     123.4       0.2      1.2      0.4      5.6      0.7

      Export Air Passenger Fares........................ 100.000    154.8     160.1       3.9      3.9     -1.5      5.1      3.4
           Europe.......................................  32.591    196.8     202.5       6.7      1.3     -0.4      9.3      2.9
           Asia.........................................  30.319    119.8     132.3      -1.9     11.2     -4.3      2.7     10.4
           Latin America/Caribbean......................  20.238    169.7     164.2       8.7     -1.8     -0.1      3.5     -3.2

      Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000    137.0     142.0       6.0      3.9     -0.9      7.7      3.6
           Europe (Dec. 2003=100).......................  41.192    146.8     151.3       8.1      1.2      0.2     12.1      3.1
           Asia (Dec. 2003=100).........................  27.866    116.2     128.8      -0.1     11.0     -3.9      3.2     10.8
           Latin America/Caribbean (Dec. 2003=100)......  12.662    130.5     126.3       5.9     -1.8      0.2      4.9     -3.2
           Canada (Dec. 2003=100).......................   7.652    175.3     178.4      12.8      4.1      3.6      1.9      1.8

      Outbound Air Passenger Fares (Dec. 2003=100)...... 100.000    140.3     141.0       7.4      0.6     10.1      2.5      0.5
           Europe (Dec. 2003=100).......................  41.980    158.2     159.5      14.5      1.1     16.7      0.6      0.8
           Asia (Dec. 2003=100).........................  23.391    131.3     130.9       2.9      2.9     11.2      4.7     -0.3
           Latin America/Caribbean (Dec. 2003=100)......  19.771    113.6     114.2       0.8      0.0     -0.2      1.8      0.5
           Canada (Dec. 2003=100).......................   5.836    168.4     177.4       8.2     -1.2      2.6      0.6      5.3

    CRUDE OIL TANKER FREIGHT
 2/   Inbound Crude Oil Tanker Freight.................. 100.000     n.a.      n.a.      n.a.      4.2     -3.2     n.a.     n.a.

    OCEAN LINER FREIGHT
      Inbound Ocean Liner Freight....................... 100.000    112.5     112.6      -1.1      0.3     -0.5      0.0      0.1
           U.S. East Coast..............................  56.368    117.0     117.0      -1.6      0.6      0.1     -0.3      0.0
                 From Atlantic..........................  24.465    114.9     114.9      -4.6      0.0      0.0     -0.1      0.0
                 From Pacific...........................  23.266    122.2     122.3       1.2      1.4      0.1     -0.4      0.1
           U.S. West Coast..............................  43.632    110.2     110.3      -1.0      0.0     -1.3      0.3      0.1


    1   Relative importance figures are based on 2005 trade values.
    2   Publication of the Crude Oil Tanker Freight Indexes is lagged two months, as are the relative importance figures.

    NOTES:  Data may be revised in each of the three months after original publication.
            n.a.  Not available


Table  9     U.S. Export Price Indexes and Percent Changes for Travel and Tourism Services                                                                                                 
                  July 2006-July 2007     December 2006=100, unless otherwise noted
                                                         Index                           Percent Change
                                         Relative
                                          Import-                        Annual              Monthly
                                           ance                           July     March     April      May      June
                Description                                               2006      2007      2007      2007     2007
                                           June     June       July        to        to        to        to       to
                                           2007     2007       2007       July     April      May       June     July
                                            1/                            2007      2007      2007      2007     2007

   Export Travel and Tourism............. 100.000   105.1      103.7       n.a.      0.2       0.0      -0.2     -1.3
        From Europe......................  39.535   105.5      104.1       n.a.      0.6      -0.3      -0.6     -1.3
        From Asia........................  32.120   104.8      102.9       n.a.      0.0       0.7       0.8     -1.8
        From Latin America/Caribbean.....  15.334   104.9      103.7       n.a.     -0.5      -0.5      -0.2     -1.1
        From Canada......................   8.661   104.9      104.8       n.a.      0.7      -1.8      -0.9     -0.1


   1   Relative importance figures are based on 2005 trade values.

   NOTES:  Data may be revised in each of the three months after original publication.
           n.a.  Not available


Table  10     U.S. Export Price Indexes and Percent Changes for Postsecondary Education Services                                                                                                   
                   Academic Year 2001/02 to 2006/07     Academic Year 2001/02 = 100, unless otherwise noted

                                                 Relative          Index                     Annual Percent Change
                                                 Import-
                                                   ance        Academic Year                    Academic Years

                    Description                  Academic                         2001/02  2002/03    2003/04    2004/05  2005/06
                                                   Year    2005/06     2006/07       to       to         to         to       to
                                                 2005/06                          2002/03  2003/04    2004/05    2005/06  2006/07
                                                    1/

   EXPORT POSTSECONDARY EDUCATION
        Tuition & Fees and Room & Board......... 100.000    128.8       135.1        6.5      7.5        7.0        5.1      4.9
           Graduate.............................  53.006    128.5       134.6        6.4      7.4        7.0        5.1      4.7
           Undergraduate........................  46.994    129.0       135.7        6.6      7.7        6.8        5.2      5.2

           Private..............................  47.874    123.0       129.4        5.2      5.7        5.1        5.2      5.2
           Public...............................  52.126    134.2       140.5        7.8      9.2        8.6        5.0      4.7

           Tuition & Fees.......................  73.181    131.6       138.2        7.1      8.4        7.8        5.2      5.0
                Graduate Tuition & Fees.........  38.417    131.4       137.7        7.0      8.3        7.8        5.2      4.8
                Undergraduate Tuition & Fees....  34.764    131.7       138.8        7.2      8.6        7.6        5.2      5.4

                Private Tuition & Fees..........  35.497    124.3       131.2        5.6      6.1        5.3        5.4      5.6
                Public Tuition & Fees...........  37.686    138.7       145.1        8.7     10.7        9.8        5.0      4.6

           Room & Board.........................  26.819    121.5       127.1        5.0      5.1        4.9        4.9      4.6
                Graduate Room & Board...........  14.589    121.3       127.1        5.0      5.1        5.0        4.7      4.8
                Undergraduate Room & Board......  12.230    121.7       127.2        5.0      5.1        4.9        5.1      4.5

                Private Room & Board............  12.377    119.1       124.3        4.2      4.8        4.5        4.4      4.4
                Public  Room & Board............  14.440    123.6       129.5        5.7      5.5        5.2        5.4      4.8


   1   Relative importance figures are based on 2005/06 academic year trade values.
	
                                        
						TECHNICAL NOTE


Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and 
are not seasonally adjusted.  Price indexes for merchandise goods are reweighted annually, with a two-year lag 
in the weights.  Published series use a base year of 2000=100 where possible.  More detailed index series and 
additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101.

Merchandise Goods Classification Systems -- The merchandise price indexes are published using three 
classification systems.  Items are classified, respectively, by end use for the Bureau of Economic Analysis 
System, industry for the North American Industry Classification System (NAICS), and product category for the 
Harmonized System (HS).  While classification by end use and product category are self-explanatory, a couple 
of notes are in order for classifying items by industry.  In the NAICS tables, for both imports and exports, 
items are classified by output industry, not input industry.  As an example, NAICS import index 326 (plastics 
and rubber products) would include outputs such as manufactured plastic rather than inputs such as petroleum.  
The NAICS classification structure also matches the classification system used by the PPI to produce the NAICS 
primary products indexes.

Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United States 
Annotated (TSUSA).  Import prices are based on U.S. dollar prices paid by the U.S. importer.  The prices are 
generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port 
transaction prices, depending on the practices of the individual industry.  The index for crude petroleum is 
calculated from data collected by the U.S. Department of Energy.  

Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification system of 
the U.S. Bureau of the Census.  The prices used are generally either "free alongside ship" (f.a.s.) factory or 
"free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry.  Prices 
used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture.

Services Price Indexes -- Price indexes for internationally traded services are presented using two 
definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and 
International (which represent transactions inbound to and outbound from the U.S.).  The Air Passenger Fares 
Indexes are calculated from data collected from a commercial airline reservation system.  These data exclude 
frequent flyer tickets and those sold by consolidators.  The Crude Oil Tanker Freight Indexes are calculated 
from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two 
months.  The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from 
companies.  The Export Travel and Tourism Indexes are calculated from a subset of BLS Consumer Price Index 
data, and the publication of these indexes is lagged one month.  The indexes are published by the country of
residence of those traveling to the United States.  Post-secondary Education Indexes are calculated from
preliminary data collected by the U.S. Department of Education, and are calculated annually.  Export post-
secondary education refers to receipts from foreign students studying at U.S. institutions, including colleges,
universities, and technical/professional schools.  Fact sheets specifying detailed information for each 
services industry are available at http://www.bls.gov/mxp under "Publications and Other Documentation."   

Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for 
the Import Price Indexes.  Beginning with January 2002, the indexes are defined by locality of origin using a 
nomenclature based upon the North American Industry Classification System (NAICS).  Nonmanufactured goods are 
defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33.  

Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the three months after original publication.  After three months, no further data 
revisions take place.  So, for example, data released in the January release will be subject to revision in the 
releases for February, March, and April.

Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts constructed by the Department of Commerce.  Other published 
indexes are useful for general market analysis.  For trade in international services, Balance of Payments indexes 
are used for deflating National Income and Product Accounts, while International indexes are more appropriate for 
market analysis.  Merchandise and services indexes also can be used to study U.S. competitiveness and price 
elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade 
analysis.

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