FOR DATA ONLY:  (202) 691-5200     USDL 01-404
FOR TECHNICAL INFORMATION:         TRANSMISSION OF MATERIAL IN
(202) 691-7705                     THIS RELEASE IS EMBARGOED
MEDIA CONTACT:  (202) 691-5902     UNTIL 8:30 A.M. (E.S.T.), FRIDAY,
http://www.bls.gov/ppi             NOVEMBER 9, 2001
                                     
                  Producer Price Indexes -- October 2001
     
     The Producer Price Index (PPI) for Finished Goods decreased 1.6
percent in October, seasonally adjusted, the Bureau of Labor Statistics of
the U.S. Department of Labor reported today.  This decline followed two
consecutive monthly increases of 0.4 percent.  Price decreases for energy
goods, passenger cars, light trucks, and consumer foods led the decline in
the finished goods index in October.  At the earlier stages of processing,
prices received by intermediate goods producers fell 1.5 percent, compared
with a 0.1-percent increase in September.  The crude goods index dropped
9.1 percent in October, after declining 4.1 percent a month earlier.  (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  |
|--------------------------------------------------------------------------------------|
  2000                                                           
    Oct.      0.4        0.7         1.5      0.0          3.7         0.2        3.8
    Nov.       .1         .2          .5       .1          3.8         -.2       -1.3
    Dec.       .1        -.3          .8       .1          3.6          .4        9.3
                                                                                     
  2001                                                                               
    Jan.      1.1         .9         4.4       .5          4.8          .8       17.5
    Feb.       .1         .8          .4      -.3          4.0         -.2      -14.5
    Mar.      -.1         .9        -2.4       .1          3.0         -.3       -6.7
    Apr.       .5         .6         1.1       .3          3.7         -.1         .5
    May        .1        -.2          .4       .2          3.9          .1       -2.2
    June     r-.4        -.2       r-2.5      r.1         r2.6         -.2      r-8.1
    July    r-1.1        -.6       r-6.2      r.1          1.5        -1.0      r-3.5
    Aug.       .4         .9         1.1      -.1          2.1         -.4       -2.3
    Sept.      .4         .2          .9       .3          1.6          .1       -4.1
    Oct.     -1.6        -.4        -7.7      -.5          -.4        -1.5       -9.1
r=revised.  Some of the figures shown above and elsewhere in this release may differ 
from those previously reported because data for June 2001 have been revised to reflect 
the availability of late reports and corrections by respondents.

                                    -2-
                                     
     Because of the recent disruptions to mail service in the Washington
D.C. metropolitan area, the response rate for the October PPI was reduced
to approximately 80 percent of its normal level.  A review was undertaken
to evaluate the impact of lower response rates on survey estimates.  No
unusual effects were found.  In particular, response rates for passenger
cars, light trucks, and gasoline were about normal in October.
     
     Among finished goods, prices for finished energy goods decreased 7.7
percent, following a 0.9-percent gain in September.  The index for finished
consumer foods fell 0.4 percent, after rising 0.2 percent in September.
The index for finished goods other than foods and energy turned down 0.5
percent, after posting a 0.3-percent gain in September.  Excluding
passenger cars and light trucks, prices for finished goods other than foods
and energy would have shown no change in October.
     
     For the first 10 months of 2001, the Producer Price Index for Finished
Goods decreased at a 0.8-percent seasonally adjusted annual rate (SAAR),
after rising 3.6 percent for the 2000 calendar year.  Prices for finished
goods other than foods and energy rose at a 0.8-percent SAAR for the first
10 months of 2001, after posting a 1.3-percent gain in 2000.  The index for
intermediate goods fell at a 3.2-percent SAAR from December 2000 to October
2001, following a 4.1-percent increase for the 12 months ended December
2000.  Prices for crude goods dropped at a 35.2-percent SAAR during the
first 10 months of 2001, after a 35.5-percent rise during all of 2000.
     
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 |
|      |       |        |Excluding|12 months |       |         |Excluding| months  |
|      |       |        |foods and|months ago|       | Energy  |foods and|  ago    |
|Month | Foods | Energy | energy  | (unadj.) | Foods | (unadj.)| energy  |(unadj.) |
|----------------------------------------------------------------------------------|
 2000                                                                    
   Oct.    0.6      1.1      0.0        4.6      3.1      5.9      -0.8      25.3
   Nov.     .2      -.2      -.1        4.2      1.2     -2.7      -2.1      17.6
   Dec.    1.8      1.4        0        4.1      3.6     15.8        .4      35.5
                                                                               
 2001                                                                          
   Jan.    1.4      4.1       .1        4.6      1.6     31.7         0      55.7
   Feb.   -1.1     -1.7       .1        3.5     -1.3    -23.0      -1.8      28.0
   Mar.     .4     -2.4       .1        2.3      3.4    -14.0      -1.0      17.1
   Apr.    -.1      -.1      -.1        2.1      -.5      2.1      -2.4      19.6
   May      .4       .6        0        2.3     -1.3     -3.2       -.6      13.3
   June    1.0     r-.6      -.1        1.2       r0   r-15.8     r-1.1     r-4.0
   July     .6    r-4.1      -.4          0      r.5    r-7.9      r-.5      -5.4
   Aug.    1.8     -1.0      -.4        -.1      -.6     -4.4       -.8      -4.1
   Sept.   -.4      1.0      -.1        -.8      1.1    -10.7        .2     -14.3
   Oct.    -.8     -7.6      -.4       -2.4     -2.6    -19.2      -1.7     -25.0
r=revised.  Some of the figures shown above and elsewhere in this release may 
differ from those previously reported because data for June 2001 have been 
revised to reflect the availability of late reports and corrections by 
respondents.

                                    -3-
     
     Before seasonal adjustment the Producer Price Index for Finished Goods
decreased 1.5 percent, to stand at 139.6 (1982=100).  From October 2000 to
October 2001, prices for finished goods fell 0.4 percent.  During the same
period, the index for finished energy goods declined 9.5 percent.  On the
other hand, prices for finished consumer foods rose 2.8 percent for the 12
months ended October 2001 and the index for finished goods other than foods
and energy gained 0.8 percent over the same period.  At the earlier stages
of processing, prices for both intermediate goods and crude goods declined
during the past 12 months -- down 2.4 percent and 25.0 percent,
respectively.
     
Finished Goods

     The index for finished energy goods turned down 7.7 percent in
October, after increasing 0.9 percent in September.  October's 21.2-percent
decrease in gasoline prices (the largest monthly decline since a 22.1-
percent decrease in March 1986) followed a 6.3-percent increase in
September.  The indexes for home heating oil, liquefied petroleum gas, and
diesel fuel also turned down in October.  Prices for residential natural
gas decreased at a faster rate than they did in September.  By contrast,
the residential electric power index turned up 0.5 percent in October,
following a 0.4-percent fall in the prior month.
     
      The index for finished consumer goods other than foods and energy
decreased 0.4 percent, following a 0.4-percent gain in September.
Passenger car prices declined 4.7 percent in October, after increasing 1.3
percent in the previous month.  In accordance with usual practice, most new
model year passenger cars and light trucks were introduced into the PPI in
October.  (See Report on Quality Changes for 2002 Model Vehicles.)
October's falling prices for passenger cars were largely due to increased
incentives, such as low- or no-cost financing.  The indexes for light motor
trucks and book publishing also turned down, after advancing a month ago.
Prices for sanitary paper and health products, alcoholic beverages, and for
sporting and athletic goods rose less than they did in September.  The
pharmaceutical preparations index showed no change, after increasing last
month.  Prices for men's and boys' apparel showed no change in October,
following a 0.5-percent decline in September.  The indexes for cosmetics
and other toilet preparations, footwear, textile housefurnishings, and
floor coverings turned up, after falling last month.  Prices for newspaper
circulation and mobile homes advanced at a faster rate than they did in
September.
     
     Prices for capital equipment declined 0.7 percent in October, after
edging up 0.1 percent in September.  The index for passenger cars dropped
4.7 percent, following a 1.3-percent gain in the previous month.  Prices
for light motor trucks, communication and related equipment, pumps and
compressors, and industrial material handling equipment also turned down in
October.  The heavy motor truck index showed no change, after rising in the
prior month.  On the other hand, the index for electronic computers rose
0.2 percent in October, following a 6.2-percent decrease in September.
Prices for civilian aircraft fell less than they did in the prior month.
The index for commercial furniture advanced, after registering no change in
September.  Prices for agricultural machinery and equipment, printing
trades machinery, and truck trailers turned up in October, compared with
decreases in the previous month.
     
     The finished consumer foods index fell 0.4 percent in October, after
posting a 0.2-percent gain in the prior month.  Prices for fresh and dry
vegetables turned down 11.4 percent, after rising 2.4 percent in September.
The index for finfish and shellfish also decreased, after rising a month
ago.  Prices for dairy products, pork, and soft drinks fell more than they
did in the previous month.  The fresh fruits and melons index advanced less
than it did in September.  On the other hand, prices for eggs for fresh use
rose 4.4 percent in October, following a 0.4-percent increase last month.
The indexes for processed young chickens and confectionery end products
rose at a faster rate in October than they did in September.  Prices for
beef and veal and for shortening and cooking oils declined less than they
did in the prior month.  The bakery products index increased, after showing
no change a month ago.

                                    -4-
                                     
Intermediate goods

     The Producer Price Index for Intermediate Materials, Supplies, and
Components fell 1.5 percent in October, after inching up 0.1 percent in
September.  Prices for intermediate energy goods also turned down in
October.  The indexes for nondurable manufacturing materials, durable
manufacturing materials, materials and components for construction, and
intermediate foods and feeds decreased at a faster pace in October than
they did in the prior month.  Excluding foods and energy, the intermediate
materials index decreased 0.4 percent, following a 0.1-percent dip in
September.  (See table B.)

     Intermediate energy goods prices dropped 7.6 percent in October, after
posting a 1.0-percent gain in September.  The gasoline index plummeted 21.2
percent, following a 6.3-percent increase in the prior month.  Prices for
diesel fuel, commercial electric power, residual fuel, and liquefied
petroleum gas also turned down, after rising a month ago.  The indexes for
jet fuels and industrial natural gas fell more than they did in the
preceding month.  By contrast, industrial electric power prices turned up
0.7 percent in October, following a 0.6-percent decline in September.  The
indexes for natural gas to electric utilities and commercial natural gas
fell less than they did in the previous month.

     Prices for materials for nondurable manufacturing decreased 0.9
percent in October, following a 0.1-percent decline in September.  The
index for industrial chemicals turned down 2.7 percent, after registering a
1.8-percent advance a month earlier.  Price increases slowed from September
to October for paint materials and phosphates.  The indexes for inedible
fats and oils and paperboard fell more in October than they did in the
previous month.  On the other hand, prices for plastic resins and materials
turned up 1.3 percent, following a 2.7-percent drop a month ago.  The
indexes for nitrogenates, fertilizer materials, and leather declined at a
slower rate than they did in the prior month.

     Prices for materials for durable manufacturing decreased 0.6 percent
in October, following a 0.2-percent decline in September.  The index for
primary aluminum (except extrusion billet) fell 4.0 percent, after rising
0.7 percent in the preceding month.  Similarly, prices for hot rolled bars,
plates, and structural shapes and for copper and brass mill shapes also
turned down, following gains in the prior month.  The plywood index
declined more rapidly in October than it did in September.  Prices for hot
rolled sheet and strip fell, after showing no change a month ago.
Partially counteracting these price movements, the index for aluminum mill
shapes turned up 0.3 percent, following a 2.9-percent decline in the
previous month.  The rate of increase in prices for semi-finished steel
mill products and cement accelerated from September to October.  The
prepared paint index edged up, after falling a month ago.  In October,
hardwood lumber prices decreased less rapidly than they did in the prior
month.

     The construction materials index declined 0.3 percent in October,
after edging down 0.1 percent in September.  Softwood lumber prices dropped
4.4 percent, following a 0.3-percent decrease a month earlier.  The indexes
for plywood and fabricated structural metal products also fell at a faster
rate than they did in the previous month.  Prices for asphalt felts and
coatings, gypsum products, and millwork rose less in October than in
September.  The index for switchgear turned down, after rising a month ago.
Conversely, prices for plastic construction products advanced 2.7 percent
in October, following a 2.0-percent decline in September.  The index for
plumbing fixtures and brass fittings also turned up, after a decrease in
the prior month.  Prices for nonferrous wire and cable and for hardwood
lumber fell less than they did in the preceding month.

                                    -5-
                                     
     The index for intermediate foods and feeds declined 0.8 percent in
October, after falling 0.4 percent in September.  Prices for dairy products
decreased 1.9 percent, following a 0.7-percent drop in the prior month.
The indexes for natural, processed, and imitation cheese and for refined
sugar turned down, after posting gains a month ago.  Prices for prepared
animal feeds, crude vegetable oils, pork, and fluid milk products fell more
rapidly than they did in September.  By contrast, the beef and veal index
decreased 0.6 percent in October, following a 1.1-percent decline in the
previous month.  Prices for confectionery materials and for mayonnaise,
salad dressings, and sandwich spreads turned up, after falling a month
earlier.  In October, the flour index rose more than it did in September.

Crude goods

     The Producer Price Index for Crude Materials for Further Processing
dropped 9.1 percent in October, after registering a 4.1-percent decline in
September.  Accounting for a majority of this accelerating rate of
decrease, October prices for crude energy materials fell more than they did
a month earlier.  Also contributing to this faster rate of decline, the
indexes for crude foodsuffs and feedstuffs and for basic industrial
materials turned down, after rising in September.  (See table B.)

     Prices for crude energy materials dropped 19.2 percent in October,
following a 10.7-percent decrease in September.  The crude petroleum index
turned down 19.6 percent, after a 0.1-percent gain in the prior month.
Posting its sixth consecutive monthly decline, natural gas prices fell 27.5
percent, following a 22.8-percent decline in September.  The coal index
exhibited a slowing rate of increase, edging up 0.5 percent in October,
after rising 2.5 percent in the previous month.

     After a 1.1-percent advance in September, prices for crude foodstuffs
and feedstuffs turned down 2.6 percent in October.  The index for slaughter
cattle fell 3.2 percent, following a 0.5-percent gain in the prior month.
Prices for corn, unprocessed shellfish, unprocessed finfish, and fresh
vegetables (except potatoes) also decreased in October, after increasing in
September.  The indexes for fluid milk and slaughter hogs declined more
than they did in the previous month, while prices for slaughter broilers
and fryers rose less in October than they did a month earlier.  By
contrast, the index for soybeans fell at a 6.0-percent rate in October,
compared with a 9.4-percent rate of decrease in September.  Alfalfa hay
prices advanced more than they did in the prior month.  The index for raw
cane sugar was unchanged in October, following a 0.3-percent decline a
month earlier.

     Prices for crude nonfood materials less energy turned down 1.7 percent
in October, after inching up 0.2 percent in September.  The raw cotton
index dropped at a 15.2-percent rate, following a 4.8-percent rate of
decrease in the previous month.  Prices for iron and steel scrap and for
pulpwood also fell more in October than they did a month earlier.  The
indexes for hides and skins, nonferrous metal ores, wastepaper, and
softwood logs, bolts, and timber turned down in October.  Leaf tobacco
prices increased at a slower rate than they did in the prior month.  On the
other hand, the index for aluminum base scrap advanced 0.5 percent,
following a 1.7-percent decline in September.  October prices for
construction sand, gravel, and crushed stone rose slightly more than they
did a month earlier.

                                    -6-
                                     
Net output price indexes for mining, manufacturing, and services industries

Mining.  The Producer Price Index for the Net Output of Total Mining
Industries fell 14.9 percent in October, following a 7.8-percent decline in
September.  (Net output price indexes are not seasonally adjusted.)  The
majority of October's faster rate of decrease was due to a 21.6-percent
drop in prices received by the crude petroleum, natural gas, and natural
gas liquids industry, compared with an 11.5-percent fall in the previous
month.  The indexes for the bituminous coal and lignite and gold ores
industries rose less than they did a month ago.  Prices received by the oil
and gas well drilling industry and the oil and gas field exploration
services industry turned down, after increasing in the prior month.  On the
other hand, the index for the potash, soda, and borate minerals industry
advanced 0.8 percent in October, following a 0.7-percent decline in
September.  Prices received by the industrial sand industry turned up,
after falling in the prior month.  The index for the coal mining services
industry increased at a faster rate than it did in September.  Prices
received by the non-metallic minerals services (except fuels) industry
showed no change, after decreasing last month.  In October, the Producer
Price Index for the Net Output of Total Domestic Mining Industries stood at
78.8 (December 1984 = 100), 40.2 percent below its year-ago level.

Manufacturing.  The Producer Price Index for the Net Output of Total
Manufacturing Industries dropped 1.5 percent in October, following a 0.6-
percent increase in September.  Accounting for most of this deceleration,
prices received by the petroleum refining and related products industry
group fell 18.7 percent, after jumping 8.1 percent a month ago.  The
industry group index for food and kindred products decreased, after showing
no change last month.  Prices received by the chemicals and allied
products, measuring and controlling instruments, and paper and allied
products industry groups turned down, after showing increases in September.
The industry group index for lumber and wood products (except furniture)
fell more than it did in the prior month.  By contrast, prices received by
the transportation equipment industry group rose 0.9 percent in October,
after showing no change in September.  The industry group indexes for
rubber and miscellaneous plastic products and printing, publishing, and
allied industries turned up, after declining last month.  Prices received
by the machinery (except electrical) industry group decreased at a slower
rate than they did a month ago. The industry group index for electrical and
electronic machinery, equipment, and supplies advanced, after showing no
change in the previous month.  In October, the Producer Price Index for the
Net Output of Total Domestic Manufacturing Industries stood at 133.6
(December 1984 = 100), 1.0 percent below its year-ago level.

Services.  Among service industries in October, advancing prices were
registered by the industries for general medical and surgical hospitals,
scheduled air transportation, railroads (line-haul operating), property and
casualty insurance, specialty hospitals (except psychiatric), local
trucking without storage, cable and other pay television services, hotels
and motels, and home health care services.  On the other hand, the
industries for telephone communications (except radiotelephone), deep sea
foreign transportation of freight, operators and lessors of nonresidential
buildings, passenger car rental, real estate agents and managers, trucking
(except local), and freight transportation arrangement experienced falling
prices in October.

                                   *****
            Producer Price Index data for November 2001 will be
       released on Thursday, December 13, 2001 at 8:30 a.m. (E.S.T.)

                                    -7-
                                     
                         PPI Weights to be Updated

     The Bureau of Labor Statistics will soon update the value weights used
to calculate Producer Price Indexes to more accurately reflect recent
production and marketing patterns.  The new weights, which will be
introduced in February 2002 with the release of January 2002 index data,
will be based on shipment values from the year 1997.  These value weights
come from the Census of Manufactures, the Census of Mining, the Census of
Services, and the Census of Agriculture.  PPI weights have been based upon
1992 census shipment values since January 1996.

     All indexes will be affected by this weight update, including all the
industry net output indexes, as well as those calculated from traditional
commodity groupings.  In addition, weights will be updated from the 1992 to
the 1997 census for all stage-of-processing indexes, net output of industry
by stage of process indexes, durability of product indexes, and special
commodity-grouping indexes.  This weight revision will not change the
arithmetic reference base, in most cases 1982=100, of the PPI index system.

     Also with the publication of January data on February 13, 2002, SIC-
classified indexes will reflect updated input/output (I/O) ratios based on
the 1992 Input-Output Account of the Bureau of Economic Analysis (BEA).
These I/O ratios, which represent the proportion of each industry's output
consumed outside the industry, will be updated from those reflected in
BEA's 1987 Input-Output Account.  The commodity grouping indexes will not
be affected.

     It is important to note that the PPI classification system and
aggregation structure will not change as a result of the weight revisions
discussed above.  The weight update, however, will result in significant
shifts in the relative importance of various industries and products, and
these shifts will impact future aggregate indexes in a manner commensurate
with the relative gains and losses in value weights from 1992 to 1997.

     Relative importances as of December 2001 on the 1992 and 1997
weighting schemes will be available on February 13, 2002.  To request this
information call the Division of Industrial Prices and Price Indexes,
Section of Index Analysis 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|                       |Oct. 2001 from:|                                
                                                 |          |_______________________|_______________|__________________________ 
                                                 |   Dec.   |       |       |       |       |       |       |         |              
                                                 |          |June   |Sept.  |Oct.   |  Oct. | Sept. |July to|Aug.  to |Sept. to      
                                                 |   2000 1/|2001 2/|2001 2/|2001 2/|  2000 | 2001  |  Aug. |   Sept. |  Oct.        
_________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|________ 
                                                 |                                                                                   
Finished goods...................................|  100.000   142.2   141.7   139.6    -0.4   -1.5      0.4      0.4    -1.6         
  Finished consumer goods........................|   76.120   143.6   142.9   139.9     -.6   -2.1       .5       .4    -1.9         
    Finished consumer foods......................|   22.507   142.0   142.9   141.8     2.8    -.8       .9       .2     -.4         
      Crude......................................|    1.549   123.5   126.1   122.3    -8.3   -3.0      6.5      3.3    -3.0         
      Processed..................................|   20.958   143.4   144.2   143.3     3.6    -.6       .5      0       -.3         
    Finished consumer goods, excluding foods.....|   53.624   144.1   142.7   139.0    -1.8   -2.6       .3       .6    -2.5         
      Nondurable goods less foods................|   38.191   146.9   145.1   139.2    -2.4   -4.1       .4       .6    -3.0         
      Durable goods..............................|   15.434   133.3   133.2   134.4     -.7     .9       .1       .5    -1.3         
  Capital equipment..............................|   23.868   139.4   139.4   139.8     0       .3      -.1       .1     -.7         
    Manufacturing industries.....................|    6.278   140.4   140.4   140.2      .3    -.1       .1      -.1     -.4         
    Nonmanufacturing industries..................|   17.590   139.0   139.0   139.6     -.1     .4      -.1       .2     -.9         
                                                 |                                                                                   
Intermediate materials, supplies, and components.|  100.000   131.4   130.1   127.6    -2.4   -1.9      -.4       .1    -1.5         
  Materials and components for manufacturing.....|   45.385   128.2   126.6   125.9    -1.9    -.6      -.5      -.2     -.5         
    Materials for food manufacturing.............|    3.224   125.7   127.5   126.1     5.9   -1.1      1.4      -.2     -.7         
    Materials for nondurable manufacturing.......|   15.685   133.1   129.9   128.7    -3.7    -.9     -1.3      -.1     -.9         
    Materials for durable manufacturing..........|    9.861   126.4   124.2   123.4    -4.2    -.6      -.6      -.2     -.6         
    Components for manufacturing.................|   16.616   126.5   125.9   125.9     -.4    0        -.1      -.2      .1         
  Materials and components for construction......|   13.216   151.7   150.8   150.4      .1    -.3      0        -.1     -.3         
  Processed fuels and lubricants.................|   15.634   110.6   108.4    97.4   -10.8  -10.1     -1.0      1.0    -7.7         
    Manufacturing industries ....................|    5.555   111.3   108.4   101.2    -5.3   -6.6     -1.5       .6    -4.1         
    Nonmanufacturing industries..................|   10.080   109.9   108.0    94.9   -13.8  -12.1      -.7      1.3    -9.7         
  Containers.....................................|    3.966   154.0   153.0   152.4     -.7    -.4      -.3      -.1     -.4         
  Supplies.......................................|   21.799   138.8   138.6   138.3      .4    -.2      -.1      -.1     -.2         
    Manufacturing industries.....................|    5.024   145.7   145.0   144.9      .3    -.1      -.3      -.1     -.1         
    Nonmanufacturing industries..................|   16.775   135.9   135.8   135.5      .5    -.2       .1      -.1     -.2         
      Feeds......................................|    1.229    95.1    98.8    97.5     3.3   -1.3      3.1     -1.0    -1.3         
      Other supplies.............................|   15.546   140.8   140.3   140.1      .4    -.1      -.2       .1     -.2         
                                                 |                                                                                   
Crude materials for further processing...........|  100.000   120.6   108.0    97.7   -25.0   -9.5     -2.3     -4.1    -9.1         
  Foodstuffs and feedstuffs......................|   30.898   109.8   108.5   104.7     5.2   -3.5      -.6      1.1    -2.6         
  Nonfood materials..............................|   69.102   123.6   103.8    89.4   -39.1  -13.9     -3.4     -7.6   -13.8         
    Nonfood materials except fuel 3/.............|   28.621   106.4   103.7    93.1   -23.3  -10.2      -.8       .2   -10.0         
      Manufacturing 3/...........................|   27.686    97.7    95.2    85.2   -24.0  -10.5      -.7       .1   -10.3         
      Construction...............................|    0.935   184.8   182.6   180.1    -2.4   -1.4      -.5       .1    -1.4         
    Crude fuel 4/................................|   40.481   137.5    95.8    77.2   -54.5  -19.4     -6.5    -17.1   -19.4         
      Manufacturing industries...................|    3.470   136.2    93.9    74.4   -56.5  -20.8     -6.2    -17.4   -20.8         
      Nonmanufacturing industries................|   37.011   140.0    97.6    78.8   -54.3  -19.3     -6.6    -17.1   -19.3         
                                                 |                                                                                   
               Special groupings                 |                                                                                   
                                                 |                                                                                   
Finished goods, excluding foods..................|5/ 77.493   142.2   141.3   138.8    -1.3   -1.8       .2       .4    -1.9         
Intermediate materials less foods and feeds......|6/ 95.547   132.3   130.7   128.2    -2.8   -1.9      -.5       .1    -1.5         
Intermediate foods and feeds.....................|6/  4.453   116.3   118.7   117.3     5.2   -1.2      1.8      -.4     -.8         
Crude materials less agricultural products 3/ 7/.|8/ 67.222   125.7   104.8    89.9   -39.5  -14.2     -3.8     -7.8   -14.0         
                                                 |                                                                                   
Finished energy goods............................|5/ 15.512   103.1   100.1    90.1    -9.5  -10.0      1.1       .9    -7.7         
Finished goods less energy.......................|5/ 84.488   147.7   147.9   147.9     1.3    0         .2       .3     -.5         
Finished consumer goods less energy..............|5/ 60.620   151.1   151.4   151.3     1.8    -.1       .3       .3     -.5         
                                                 |                                                                                   
Finished goods less foods and energy.............|5/ 61.981   149.9   149.8   150.4      .8     .4      -.1       .3     -.5         
Finished consumer goods less foods and energy....|5/ 38.113   156.9   156.8   157.5     1.3     .4      -.1       .4     -.4         
Consumer nondurable goods less foods and energy..|5/ 22.679   175.8   175.6   175.8     2.6     .1      -.1       .2      .1         
                                                 |                                                                                   
Intermediate energy goods........................|6/ 15.755   110.1   107.9    97.1   -10.8  -10.0     -1.0      1.0    -7.6         
Intermediate materials less energy...............|6/ 84.245   135.9   134.7   134.2     -.9    -.4      -.3      -.1     -.4         
Intermediate materials less foods and energy.....|6/ 79.792   137.1   135.8   135.3    -1.2    -.4      -.4      -.1     -.4         
                                                 |                                                                                   
Crude energy materials 3/........................|8/ 54.136   118.3    93.1    75.2   -48.1  -19.2     -4.4    -10.7   -19.2         
Crude materials less energy......................|8/ 45.864   114.7   113.3   109.8     -.3   -3.1      -.7       .9    -2.3         
Crude nonfood materials less energy 4/...........|8/ 14.966   130.1   128.5   125.8   -10.8   -2.1      -.8       .2    -1.7         
                                                 |                                                                                   
_______________________________________________________________________________________________________________________________ 
                                                                                                                                     
  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 June 2001 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 |                                                       |                       |Oct. 2001 from:|                         
   code    |                      Grouping                         |_______________________|_______________|________________________ 
           |                                                       |       |       |       |       |       |       |       |         
           |                                                       |June   |Sept.  |Oct.   | Oct.  | Sept. |July to|Aug. to|Sept.to  
           |                                                       |2001 1/|2001 1/|2001 1/| 2000  | 2001  |  Aug. |  Sept.|  Oct.   
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 
           |                                                       |                                                                 
           |FINISHED GOODS.........................................| 142.2   141.7   139.6    -0.4   -1.5      0.4     0.4    -1.6   
           | FINISHED CONSUMER GOODS...............................| 143.6   142.9   139.9     -.6   -2.1       .5      .4    -1.9   
           |  FINISHED CONSUMER FOODS..............................| 142.0   142.9   141.8     2.8    -.8       .9      .2     -.4   
           |                                                       |                                                                 
01-11      |   Fresh fruits and melons 2/..........................| 100.6    94.9   100.3     4.9    5.7      1.5    10.1     5.7   
01-13      |   Fresh and dry vegetables 2/.........................| 120.5   125.1   110.8   -23.0  -11.4     15.9     2.4   -11.4   
01-71-07   |   Eggs for fresh use (Dec. 1991=100)..................|  71.8    71.7    77.0   -15.1    7.4     -5.5      .4     4.4   
02-11      |   Bakery products 2/..................................| 188.1   188.7   189.3     2.8     .3      0       0        .3   
02-13      |   Milled rice 2/......................................|  86.2    87.3    86.7   -10.0    -.7     -2.1     4.3     -.7   
02-14-02   |   Pasta products (June 1985=100) 2/...................| 122.2   122.2   122.2      .6    0        0       0       0     
02-21-01   |   Beef and veal.......................................| 122.5   117.6   116.2     3.5   -1.2      -.5    -1.1     -.6   
02-21-04   |   Pork................................................| 124.7   125.7   119.5     9.5   -4.9      -.1     -.3    -1.1   
02-22-03   |   Processed young chickens............................| 118.8   125.0   123.3     7.5   -1.4      2.4      .7     2.0   
02-22-06   |   Processed turkeys...................................|  98.7   100.3   102.5    -3.1    2.2       .3     -.2      .4   
02-23      |   Finfish and shellfish...............................| 182.2   191.9   182.9    -5.9   -4.7      -.2     3.4    -4.7   
02-3       |   Dairy products......................................| 150.4   153.5   150.6    12.1   -1.9     -1.2     -.7    -1.9   
02-4       |   Processed fruits and vegetables 2/..................| 128.8   129.7   130.1     1.5     .3       .3      .4      .3   
02-55      |   Confectionery end products 2/.......................| 170.5   171.2   172.5     1.1     .8       .2      .1      .8   
02-62      |   Soft drinks.........................................| 147.4   149.3   148.6     3.0    -.5      1.8     -.1     -.3   
02-63-01   |   Roasted coffee 2/...................................| 123.7   123.7   123.4    -5.3    -.2      -.1     0       -.2   
02-78      |   Shortening and cooking oils 2/......................| 131.1   136.7   134.4     1.1   -1.7      8.2    -4.6    -1.7   
           |                                                       |                                                                 
           |  FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 144.1   142.7   139.0    -1.8   -2.6       .3      .6    -2.5   
           |                                                       |                                                                 
02-61      |   Alcoholic beverages.................................| 145.5   145.3   145.9     2.2     .4       .1      .3      .1   
03-81-01   |   Women's apparel 2/..................................| 123.3   123.0   122.5    -1.8    -.4       .7     -.2     -.4   
03-81-02   |   Men's and boys' apparel.............................| 132.6   131.9   131.9    -1.0    0        -.1     -.5     0     
03-81-03   |   Girls', children's, and infants' apparel 2/.........| 116.3   117.0   117.0      .8    0        0        .3     0     
03-82      |   Textile housefurnishings 2/.........................| 122.4   122.4   122.5     1.0     .1       .2     -.2      .1   
04-3       |   Footwear 2/.........................................| 145.7   145.6   145.7      .4     .1      0       -.7      .1   
05-41      |   Residential electric power (Dec. 1990=100)..........| 120.9   121.0   118.5     5.0   -2.1      -.3     -.4      .5   
05-51      |   Residential gas (Dec. 1990=100).....................| 162.1   140.3   133.0   -13.1   -5.2     -5.7    -5.0    -6.0   
05-71      |   Gasoline............................................| 104.4   103.7    77.3   -21.3  -25.5      8.7     6.3   -21.2   
05-73-02-01|   Fuel oil No. 2......................................|  90.4    94.5    75.2   -30.2  -20.4       .8     4.5   -20.9   
06-38      |   Pharmaceutical preparations (June 2001=100) 2/......| 100.0    99.6    99.6     (3)    0        -.9      .4     0     
06-71      |   Soaps and synthetic detergents 2/...................| 130.6   131.0   131.0      .6    0         .1      .3     0     
06-75      |   Cosmetics and other toilet preparations 2/..........| 138.7   138.2   138.7      .1     .4       .1     -.1      .4   
07-12      |   Tires, tubes, tread, etc 2/.........................|  93.8    94.3    94.4     1.5     .1      -.1     -.2      .1   
09-15-01   |   Sanitary papers and health products 2/..............| 147.8   148.3   148.5     -.1     .1      -.9     3.0      .1   
09-31-01   |   Newspaper circulation 2/............................| 219.0   219.8   222.4     3.5    1.2      0        .4     1.2   
09-32-01   |   Periodical circulation..............................| 200.5   202.8   202.3     1.9    -.2      1.5      .2      .2   
09-33      |   Book publishing.....................................| 224.5   226.8   227.4     1.9     .3       .8      .3     -.4   
12-1       |   Household furniture 2/..............................| 155.1   155.1   155.3     1.2     .1       .1      .1      .1   
12-3       |   Floor coverings 2/..................................| 129.8   128.1   128.2    -2.2     .1     -1.0     -.3      .1   
12-4       |   Household appliances ...............................| 105.3   104.6   104.9    -1.7     .3       .4      .2      .3   
12-5       |   Home electronic equipment 2/........................|  70.1    70.0    69.8    -2.0    -.3      0        .4     -.3   
12-62      |   Household glassware.................................| 170.5   169.7   169.8     1.4     .1      -.1     0        .1   
12-64      |   Household flatware 2/...............................| 143.2   143.2   143.2    -1.1    0        0       0       0     
12-66      |   Lawn and garden equip., ex. tractors 2/.............| 132.6   133.2   132.7      .2    -.4       .1      .8     -.4   
14-11-01   |   Passenger cars......................................| 131.2   130.6   131.8    -2.4     .9       .7     1.3    -4.7   
15-11      |   Toys, games, and children's vehicles 2/.............| 123.7   123.4   123.7     1.4     .2       .3     0        .2   
15-12      |   Sporting and athletic goods 2/......................| 126.2   125.9   126.0      .2     .1     -1.0     1.0      .1   
15-2       |   Tobacco products 2/.................................| 447.8   447.6   447.6    10.8    0        0       0       0     
15-5       |   Mobile homes 2/.....................................| 164.2   164.9   166.3     2.6     .8      0        .1      .8   
15-94-02   |   Jewelry, platinum, & karat gold 2/..................| 128.6   129.5   129.7     2.0     .2      -.1      .2      .2   
15-94-04   |   Costume jewelry and novelties 2/....................| 143.8   143.8   144.1     1.3     .2      -.2     0        .2   
           |                                                       |                                                                 
           | CAPITAL EQUIPMENT.....................................| 139.4   139.4   139.8     0       .3      -.1      .1     -.7   
           |                                                       |                                                                 
11-1       |   Agricultural machinery and equipment 2/.............| 156.0   155.2   155.6     1.0     .3       .4     -.2      .3   
11-2       |   Construction machinery and equipment................| 149.1   149.2   149.1      .1    -.1       .1      .1     -.1   
11-37      |   Metal cutting machine tools 2/......................| 163.6   154.4   154.4    -4.8    0         .8     -.1     0     
11-38      |   Metal forming machine tools 2/......................| 165.1   165.4   165.3     1.4    -.1      0       0       -.1   
11-39      |   Tools, dies, jigs, fixtures, and ind. molds 2/......| 141.7   141.2   140.9     0      -.2      -.2     -.2     -.2   
11-41      |   Pumps, compressors, and equipment...................| 156.6   158.7   158.6     2.6    -.1      1.2      .4     -.1   
11-44      |   Industrial material handling equipment 2/...........| 136.9   137.7   137.6     1.7    -.1       .2      .2     -.1   
11-51      |   Electronic computers (Dec. 1998=100) 2/.............|  58.4    50.1    50.2   -28.7     .2     -9.3    -6.2      .2   
11-62      |   Textile machinery 2/................................| 157.9   158.1   158.1     1.0    0        -.1     0       0     
11-64      |   Paper industries machinery (June 1982=100)..........| 167.1   168.8   167.6     1.7    -.7      1.3     -.1     -.7   
11-65      |   Printing trades machinery 2/........................| 143.7   143.1   143.3      .4     .1      0       -.6      .1   
11-74      |   Transformers and power regulators 2/................| 134.4   134.0   134.0    -1.5    0        -.3      .1     0     
11-76      |   Communication & related equip. (Dec. 1985=100) 2/...| 109.5   109.0   108.4    -1.8    -.6     -1.1      .2     -.6   
11-79-05   |   X-ray and electromedical equipment 2/...............| 100.2   100.7   100.1     -.8    -.6      2.2     -.5     -.6   
11-91      |   Oil field and gas field machinery ..................| 134.6   135.9   136.9     5.8     .7       .2      .7      .6   
11-92      |   Mining machinery and equipment 2/...................| 148.6   148.9   149.1     1.8     .1       .1     0        .1   
11-93      |   Office and store machines and equipment 2/..........| 112.5   112.7   112.7     -.8    0        -.2     0       0     
12-2       |   Commercial furniture 2/.............................| 160.4   160.4   160.9     1.4     .3      -.2     0        .3   
14-11-05   |   Light motor trucks..................................| 151.3   152.1   158.8    -1.6    4.4      -.2      .7    -1.3   
14-11-06   |   Heavy motor trucks 2/...............................| 147.1   149.2   149.2      .7    0        0        .5     0     
14-14      |   Truck trailers 2/...................................| 138.8   138.6   138.9    -1.1     .2      -.1     -.1      .2   
14-21-02   |   Civilian aircraft (Dec. 1985=100)...................| 168.5   170.2   170.2     4.5    0         .5     -.3     -.1   
14-31      |   Ships (Dec. 1985=100) 2/............................| 149.0   148.9   148.9      .3    0       -1.8      .1     0     
14-4       |   Railroad equipment 2/...............................| 135.7   135.6   135.8     0       .1       .1     -.1      .1   
           |                                                       |                                                                 
           |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 131.4   130.1   127.6    -2.4   -1.9      -.4      .1    -1.5   
           |                                                       |                                                                 
           | INTERMEDIATE FOODS AND FEEDS..........................| 116.3   118.7   117.3     5.2   -1.2      1.8     -.4     -.8   
           |                                                       |                                                                 
02-12-03   |   Flour 2/............................................| 110.9   109.6   111.0     3.0    1.3     -1.3      .6     1.3   
02-53      |   Refined sugar 2/....................................| 109.2   111.5   111.3     4.8    -.2      1.2     1.5     -.2   
02-54      |   Confectionery materials.............................| 105.1   106.0   107.2    14.3    1.1      1.5     -.2     1.3   
02-72      |   Crude vegetable oils 2/.............................|  71.0    78.4    70.8     4.1   -9.7     14.8    -6.4    -9.7   
02-9       |   Prepared animal feeds 2/............................| 104.0   106.4   105.3     2.3   -1.0      2.4     -.7    -1.0   
           |                                                       |                                                                 
           | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 132.3   130.7   128.2    -2.8   -1.9      -.5      .1    -1.5   
           |                                                       |                                                                 
03-1       |   Synthetic fibers 2/.................................| 107.7   107.8   107.7     -.7    -.1     -1.0      .7     -.1   
03-2       |   Processed yarns and threads 2/......................| 106.5   104.2   103.4    -4.0    -.8      -.4     -.4     -.8   
03-3       |   Gray fabrics 2/.....................................| 114.5   114.7   113.7      .4    -.9      1.9     -.7     -.9   
03-4       |   Finished fabrics....................................| 123.4   122.5   122.5     -.2    0        -.8      .1      .1   
03-83-03   |   Industrial textile products 2/......................| 132.4   133.6   133.5     1.7    -.1      -.1      .3     -.1   
04-2       |   Leather 2/..........................................| 206.1   199.4   197.3     6.6   -1.1      -.1    -1.3    -1.1   
05-32      |   Liquefied petroleum gas 2/..........................| 129.7   113.3   101.8   -30.0  -10.2      6.5     1.5   -10.2   
____________________________________________________________________________________________________________________________________ 
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 |                                                       |                       |Oct. 2001 from:|                         
   code    |                      Grouping                         |_______________________|_______________|________________________ 
           |                                                       |       |       |       |       |       |       |       |         
           |                                                       |June   |Sept.  |Oct.   | Oct.  | Sept. |July to|Aug. to|Sept.to  
           |                                                       |2001 1/|2001 1/|2001 1/| 2000  | 2001  |  Aug. |  Sept.|  Oct.   
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 
           |                                                       |                                                                 
           | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS           |                                                                 
           |   -Continued..........................................|                                                                 
05-42      |   Commercial electric power...........................| 146.8   148.1   138.3     3.4   -6.6     -0.6     0.5    -1.8   
05-43      |   Industrial electric power...........................| 148.4   148.3   144.0     7.4   -2.9      -.5     -.6      .7   
05-52      |   Commercial natural gas (Dec. 1990=100)..............| 165.1   139.2   134.0   -12.7   -3.7     -7.0    -6.6    -6.1   
05-53      |   Industrial natural gas (Dec. 1990=100)..............| 173.3   139.0   127.4   -22.5   -8.3    -11.6    -5.5    -9.9   
05-54      |   Natural gas to electric utilities (Dec. 1990=100)...| 124.3    85.0    75.0   -46.7  -11.8    -18.1   -19.3   -14.4   
05-72-03   |   Jet fuels...........................................|  82.8    82.4    67.2   -35.8  -18.4     -1.6     -.2   -21.8   
05-73-03   |   No. 2 Diesel fuel...................................|  90.2    91.2    75.4   -31.5  -17.3     -7.2     6.7   -18.3   
05-74      |   Residual fuel 2/....................................|  78.0    73.8    68.6   -30.6   -7.0     -9.5     9.5    -7.0   
06-1       |   Industrial chemicals 2/.............................| 131.0   126.8   123.4    -5.4   -2.7     -2.3     1.8    -2.7   
06-21      |   Prepared paint......................................| 164.8   164.7   164.7     2.4    0         .7     -.2      .1   
06-22      |   Paint materials 2/..................................| 151.9   152.8   154.1     2.9     .9      -.9     3.0      .9   
06-31      |   Medicinal and botanical chemicals 2/................| 141.1   140.1   140.1    -3.7    0        -.6     -.1     0     
06-4       |   Fats and oils, inedible 2/..........................|  71.9    95.6    80.4    22.7  -15.9     23.7    -5.0   -15.9   
06-51      |   Mixed fertilizers...................................| 118.2   114.6   114.8     2.0     .2     -1.8    -1.7      .5   
06-52-01   |   Nitrogenates........................................| 142.6   118.0   112.7   -13.4   -4.5     -4.5    -7.9    -5.6   
06-52-02   |   Phosphates 2/.......................................|  94.3    93.4    93.9    -3.1     .5     -4.7     3.1      .5   
06-53      |   Other agricultural chemicals 2/.....................| 148.0   147.8   148.1     1.0     .2      -.1      .1      .2   
06-6       |   Plastic resins and materials 2/.....................| 137.6   129.1   130.8    -7.0    1.3     -3.4    -2.7     1.3   
07-11-02   |   Synthetic rubber 2/.................................| 124.3   122.5   120.2     -.9   -1.9     -1.0     -.6    -1.9   
07-21      |   Plastic construction products ......................| 134.6   129.7   132.6    -2.2    2.2      -.9    -2.0     2.7   
07-22      |   Unsupported plastic film, sheet, & other shapes 2/..| 138.9   136.5   135.9     2.7    -.4      -.7     -.3     -.4   
07-26      |   Plastic parts and components for manufacturing 2/...| 117.2   116.1   116.4    -1.0     .3      -.1     -.9      .3   
08-11      |   Softwood lumber 2/..................................| 187.3   172.2   164.6    -1.7   -4.4     -1.7     -.3    -4.4   
08-12      |   Hardwood lumber ....................................| 180.7   178.6   178.0    -5.1    -.3      -.2     -.6     -.3   
08-2       |   Millwork 2/.........................................| 180.6   179.9   180.1     2.2     .1       .2      .2      .1   
08-3       |   Plywood 2/..........................................| 166.5   160.7   150.5    -3.0   -6.3      4.5    -1.8    -6.3   
09-11      |   Woodpulp 2/.........................................| 124.7   115.9   112.7   -25.4   -2.8     -2.9    -2.5    -2.8   
09-13      |   Paper 2/............................................| 152.0   149.3   148.9    -1.7    -.3     -1.5     -.3     -.3   
09-14      |   Paperboard 2/.......................................| 172.4   168.5   166.3    -7.8   -1.3     -1.3    -1.0    -1.3   
09-15-03   |   Paper boxes and containers 2/.......................| 176.2   175.0   174.4     -.7    -.3      -.1     -.2     -.3   
09-2       |   Building paper and board 2/.........................| 136.6   129.4   125.5    -4.6   -3.0     -2.5    -1.4    -3.0   
09-37      |   Commercial printing (June 1982=100) 2/..............| 158.0   157.2   157.2      .3    0        -.5     -.1     0     
10-15      |   Foundry and forge shop products.....................| 137.0   137.0   136.8      .1    -.1       .1     0       0     
10-17      |   Steel mill products 2/..............................| 101.3   100.9   100.0    -7.1    -.9      -.1      .1     -.9   
10-22      |   Primary nonferrous metals 2/........................| 107.7   100.1    99.1   -14.4   -1.0     -3.5     0      -1.0   
10-25-01   |   Aluminum mill shapes 2/.............................| 149.9   145.2   145.7    -3.3     .3      -.1    -2.9      .3   
10-25-02   |   Copper and brass mill shapes 2/.....................| 155.6   152.3   149.6   -11.1   -1.8     -2.7      .6    -1.8   
10-26      |   Nonferrous wire and cable 2/........................| 140.6   139.4   138.7    -4.7    -.5       .2     -.8     -.5   
10-3       |   Metal containers 2/.................................| 106.6   106.6   106.1    -1.2    -.5      -.2     0       -.5   
10-4       |   Hardware............................................| 154.9   155.5   155.4     2.4    -.1       .1     1.0      .1   
10-5       |   Plumbing fixtures and brass fittings................| 180.7   180.2   180.7     0       .3       .4     -.3      .6   
10-6       |   Heating equipment...................................| 157.1   157.0   157.0      .4    0         .1      .1     0     
10-7       |   Fabricated structural metal products................| 144.5   144.6   144.2     -.6    -.3      0       -.1     -.3   
10-88      |   Fabricated ferrous wire products (June 1982=100) 2/.| 129.5   129.8   129.5     -.6    -.2       .5     -.1     -.2   
10-89      |   Other misc. metal products 2/.......................| 127.1   127.1   127.0      .8    -.1      -.1     0       -.1   
11-45      |   Mechanical power transmission equipment.............| 166.9   167.2   167.2     1.8    0         .2      .1      .1   
11-48      |   Air conditioning and refrigeration equipment 2/.....| 136.1   136.3   136.0      .7    -.2       .2     -.1     -.2   
11-49-02   |   Metal valves, ex.fluid power (Dec. 1982=100) 2/.....| 164.8   164.8   165.5     1.7     .4      -.2     0        .4   
11-49-05   |   Ball and roller bearings............................| 169.2   169.2   169.3     -.4     .1       .1      .1     -.1   
11-71      |   Wiring devices 2/...................................| 154.4   154.3   154.2     1.1    -.1      -.1     0       -.1   
11-73      |   Motors, generators, motor generator sets............| 146.9   147.2   147.2      .6    0        -.1      .1      .1   
11-75      |   Switchgear, switchboard, etc., equipment............| 157.5   157.6   157.5     2.7    -.1      -.2      .8     -.4   
11-78      |   Electronic components and accessories 2/............|  94.0    92.0    92.5    -4.8     .5       .1    -1.6      .5   
11-94      |   Internal combustion engines.........................| 143.7   144.0   144.0     -.1    0         .1      .3      .1   
11-95      |   Machine shop products 2/............................| 140.4   140.5   140.4     1.5    -.1      0       0       -.1   
13-11      |   Flat glass 2/.......................................| 112.2   111.9   111.9      .4    0        -.2     -.2     0     
13-22      |   Cement..............................................| 150.0   150.5   150.9      .7     .3       .3      .2      .4   
13-3       |   Concrete products 2/................................| 150.7   152.7   152.7     2.2    0         .1      .3     0     
13-6       |   Asphalt felts and coatings..........................| 107.1   109.6   109.6     3.8    0        -.3     2.5      .2   
13-7       |   Gypsum products 2/..................................| 145.5   153.1   157.7   -11.3    3.0       .3     5.3     3.0   
13-8       |   Glass containers 2/.................................| 133.9   133.8   132.7     4.0    -.8      -.2      .6     -.8   
14-12      |   Motor vehicle parts 2/..............................| 113.4   112.7   112.7     -.5    0         .2     -.3     0     
14-23      |   Aircraft engines & engine parts (Dec. 1985=100).....| 145.5   145.6   145.8     2.8     .1       .6      .4     -.2   
14-25      |   Aircraft parts & aux.equip.,nec (June 1985=100).....| 148.2   147.1   147.2      .5     .1       .2     -.1     0     
15-42      |   Photographic supplies 2/............................| 129.3   129.3   129.2     2.2    -.1      0       0       -.1   
15-6       |   Medical/surgical/personal aid devices 2/............| 148.0   149.0   148.8     1.6    -.1       .1      .5     -.1   
           |                                                       |                                                                 
           | CRUDE MATERIALS FOR FURTHER PROCESSING................| 120.6   108.0    97.7   -25.0   -9.5     -2.3    -4.1    -9.1   
           |                                                       |                                                                 
           |  CRUDE FOODSTUFFS AND FEEDSTUFFS......................| 109.8   108.5   104.7     5.2   -3.5      -.6     1.1    -2.6   
           |                                                       |                                                                 
01-21      |   Wheat 2/............................................|  87.1    82.7    82.8    -2.8     .1     -1.1     1.0      .1   
01-22-02-05|   Corn................................................|  72.4    80.8    75.8     5.4   -6.2      8.5      .1    -7.8   
01-31      |   Slaughter cattle 2/.................................| 111.7   105.2   101.8     1.6   -3.2     -2.8      .5    -3.2   
01-32      |   Slaughter hogs......................................|  87.2    75.1    69.4    -2.1   -7.6     -3.9    -1.4    -2.1   
01-41-02   |   Slaughter broilers/fryers...........................| 140.4   148.2   143.8     9.8   -3.0     -2.3     6.3     4.8   
01-42      |   Slaughter turkeys...................................| 108.7   116.7   121.8   -11.3    4.4     -2.5     2.5      .1   
01-6       |   Fluid milk..........................................| 121.2   125.7   121.2    29.2   -3.6     -3.1    -2.6    -5.8   
01-83-01-31|   Soybeans 2/.........................................|  80.8    80.1    75.3    -5.2   -6.0      1.6    -9.4    -6.0   
02-52-01-01|   Cane sugar,raw 2/...................................| 109.8   110.6   110.6      .1    0        0       -.3     0     
           |                                                                                                                          
           |                                                       |                                                                 
           |  CRUDE NONFOOD MATERIALS..............................| 123.6   103.8    89.4   -39.1  -13.9     -3.4    -7.6   -13.8   
           |                                                       |                                                                 
01-51-01-01|   Raw cotton..........................................|  63.3    56.2    47.5   -53.9  -15.5     -6.4    -4.8   -15.2   
01-92-01-01|   Leaf tobacco 2/.....................................|   (3)   110.2   112.0     5.3    1.6      (3)     4.8     1.6   
04-19      |   Hides and skins (June 2001=100) 2/..................| 100.0    77.5    71.8     (3)   -7.4    -18.9     4.7    -7.4   
05-1       |   Coal 2/.............................................|  94.1    96.6    97.1    12.5     .5     -1.9     2.5      .5   
05-31      |   Natural gas 2/......................................| 153.4    95.0    68.9   -65.8  -27.5     -7.7   -22.8   -27.5   
05-61      |   Crude petroleum 2/..................................|  77.0    73.9    59.4   -36.2  -19.6      -.7      .1   -19.6   
08-5       |   Logs, timber, etc...................................| 185.7   182.8   179.2    -4.1   -2.0      -.6     -.2    -1.9   
09-12      |   Wastepaper 2/.......................................| 135.5   140.6   140.2   -38.5    -.3       .4     3.2     -.3   
10-11      |   Iron ore 2/.........................................|  96.3    96.4    96.3     1.5    -.1      0        .1     -.1   
10-12      |   Iron and steel scrap 2/.............................| 119.4   124.6   118.6    -6.8   -4.8      1.2     -.6    -4.8   
10-21      |   Nonferrous metal ores (Dec. 1983=100) 2/............|  64.0    63.2    62.8   -10.0    -.6     -1.4     1.8     -.6   
10-23-01   |   Copper base scrap 2/................................| 118.3   107.8   106.7   -16.1   -1.0     -5.5     0      -1.0   
10-23-02   |   Aluminum base scrap.................................| 163.4   146.9   144.9   -15.2   -1.4     -5.0    -1.7      .5   
13-21      |   Construction sand, gravel, and crushed stone........| 169.2   169.7   169.6     3.2    -.1       .3      .1      .2   
____________________________________________________________________________________________________________________________________ 
                                                                                                                                     
1/  The indexes for June 2001 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                    | June 2001 |Sept. 2001 | Oct. 2001 |
_________|________________________________________________|___________|___________|___________|
         |                                                |           |           |           |
         | Finished Goods (1967=100)......................|   399.1   |   397.8   |   391.6   |
         | All commodities................................|   135.5   |   133.4   |   130.2   |
         |                                                |           |           |           |
         |                                                |           |           |           |
         |            MAJOR COMMODITY GROUPS              |           |           |           |
         |                                                |           |           |           |
         | Farm products and processed foods and feeds....|   127.4   |   128.0   |   126.0   |
01       |   Farm products................................|   105.9   |   105.0   |   101.6   |
02       |   Processed foods and feeds....................|   138.0   |   139.4   |   138.2   |
         |                                                |           |           |           |
         | Industrial commodities.........................|   137.1   |   134.4   |   131.0   |
03       |   Textile products and apparel.................|   121.5   |   121.1   |   120.8   |
04       |   Hides, skins, leather, and related products..|   163.4   |   155.6   |   153.4   |
05       |   Fuels and related products and power.........|   109.2   |   101.5   |    89.1   |
06       |   Chemicals and allied products 2/.............|   153.2   |   150.3   |   149.3   |
07       |   Rubber and plastic products..................|   127.7   |   126.7   |   126.9   |
08       |   Lumber and wood products.....................|   180.7   |   175.6   |   172.0   |
09       |   Pulp, paper, and allied products.............|   185.0   |   184.2   |   183.8   |
10       |   Metals and metal products....................|   125.8   |   124.8   |   124.2   |
11       |   Machinery and equipment......................|   123.8   |   123.2   |   123.1   |
12       |   Furniture and household durables.............|   133.1   |   132.8   |   133.0   |
13       |   Nonmetallic mineral products.................|   143.8   |   144.8   |   145.1   |
14       |   Transportation equipment.....................|   144.5   |   144.6   |   145.7   |
15       |   Miscellaneous products.......................|   182.8   |   183.2   |   182.8   |
         |                                                |           |           |           |
         | Industrial commodities less fuels and related  |           |           |           |
         |   products and power...........................|   143.6   |   142.7   |   142.5   |
         |                                                |           |           |           |
         |                                                |           |           |           |
         |             OTHER COMMODITY GROUPINGS          |           |           |           |
         |                                                |           |           |           |
01-1     | Fruits and melons, fresh and dry vegetables,   |           |           |           |
         |   and tree nuts................................|   114.6   |   113.1   |   110.6   |
01-2     | Grains.........................................|    77.6   |    81.7   |    78.5   |
01-3     | Slaughter livestock............................|   106.0   |    97.6   |    93.5   |
01-4     | Slaughter poultry..............................|   131.9   |   139.5   |   137.2   |
01-5     | Plant and animal fibers........................|    63.5   |    56.6   |    48.3   |
01-7     | Chicken eggs...................................|    79.1   |    81.8   |    86.5   |
01-8     | Hay, hayseeds, and oilseeds....................|   108.4   |   108.7   |   106.0   |
01-83    | Oilseeds.......................................|    91.3   |    90.6   |    86.7   |
01-9     | Other farm products............................|     (3)   |   164.4   |   167.0   |
02-1     | Cereal and bakery products.....................|   162.1   |   162.8   |   163.2   |
02-2     | Meats, poultry, and fish.......................|   126.8   |   127.3   |   124.7   |
02-22    | Processed poultry..............................|   117.6   |   121.6   |   121.3   |
02-5     | Sugar and confectionery........................|   135.2   |   136.3   |   137.1   |
02-6     | Beverages and beverage materials...............|   145.7   |   146.4   |   146.3   |
02-63    | Packaged beverage materials....................|   124.5   |   124.5   |   124.2   |
02-7     | Fats and oils..................................|   104.9   |   114.5   |   108.4   |
03-81    | Apparel........................................|   126.7   |   126.4   |   126.2   |
04-4     | Other leather and related products.............|   147.4   |   148.0   |   148.1   |
05-3     | Gas fuels......................................|   145.3   |    98.4   |    76.4   |
05-4     | Electric power.................................|   144.7   |   145.2   |   139.8   |
05-7     | Refined petroleum products.....................|    95.1   |    95.1   |    74.9   |
06-3     | Drugs and pharmaceuticals......................|   262.5   |   260.8   |   260.7   |
06-5     | Agricultural chemicals and products............|   130.5   |   124.3   |   123.4   |
06-7     | Other chemicals and allied products............|   139.7   |   139.9   |   139.9   |
07-1     | Rubber and rubber products.....................|   116.9   |   116.9   |   116.6   |
07-11    | Rubber, except natural rubber..................|   123.6   |   121.9   |   119.6   |
07-13    | Miscellaneous rubber products..................|   140.1   |   140.2   |   140.1   |
07-2     | Plastic products...............................|   136.0   |   134.5   |   135.0   |
08-1     | Lumber.........................................|   183.2   |   172.2   |   166.8   |
09-1     | Pulp, paper, and products, excluding building  |           |           |           |
         |   paper and board..............................|   158.1   |   156.3   |   155.5   |
09-15    | Converted paper and paperboard products........|   165.3   |   164.7   |   164.3   |
10-1     | Iron and steel.................................|   109.7   |   109.9   |   108.6   |
10-2     | Nonferrous metals..............................|   125.0   |   120.8   |   120.0   |
10-25    | Nonferrous mill shapes.........................|   142.6   |   138.8   |   138.7   |
11-3     | Metalworking machinery and equipment...........|   151.6   |   150.6   |   150.4   |
11-4     | General purpose machinery and equipment........|   152.8   |   153.2   |   153.1   |
11-6     | Special industry machinery.....................|   165.2   |   165.0   |   164.2   |
11-7     | Electrical machinery and equipment.............|   117.4   |   116.5   |   116.5   |
11-9     | Miscellaneous machinery and equipment..........|   135.7   |   136.3   |   136.3   |
12-6     | Other household durable goods..................|   157.3   |   157.6   |   157.5   |
13-2     | Concrete ingredients...........................|   159.3   |   159.8   |   159.8   |
14-1     | Motor vehicles and equipment...................|   130.5   |   130.3   |   132.0   |
15-1     | Toys, sporting goods, small arms, etc..........|   133.4   |   133.1   |   133.2   |
15-4     | Photographic equipment and supplies............|   111.8   |   111.8   |   111.8   |
15-9     | Other miscellaneous products...................|   139.1   |   139.4   |   139.1   |
__________________________________________________________|___________|___________|___________|
                                                                                               
1/  Data for June 2001 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.
3/  Not available.


                                  

Table 4.  Producer price indexes for the net output of major industry groups, not seasonally adjusted             
__________________________________________________________________________________________________________________
                  |                                              |     |         Index         |  Percent change  
  Industry        |                Industry 1/                   |Index|_______________________|to_Oct._2001_from:
    code          |                                              |base |       |       |       |        |         
                  |                                              |     |June   |Sep.   |Oct.   |  Oct.  |  Sep.   
                  |                                              |     |2001 2/|2001 2/|2001 2/|  2000  |  2001   
__________________|______________________________________________|_____|_______|_______|_______|________|_________
                  |                                              |     |                                          
                  |Total mining industries...................... |12/84| 112.2    92.6    78.8    -40.2    -14.9  
       10         | Metal mining................................ |12/84|  71.2    70.6    70.4     -6.3      -.3  
       12         | Coal mining................................. |12/85|  89.6    92.5    92.7     10.9       .2  
       13         | Oil and gas extraction...................... |12/85| 125.1    98.3    79.7    -47.4    -18.9  
       14         | Mining and quarrying of non-metallic         |     |                                          
                  |  minerals, except fuels..................... |12/84| 141.3   141.4   141.9      2.8       .4  
                  |                                              |     |                                          
                  |Total manufacturing industries............... |12/84| 135.8   135.6   133.6     -1.0     -1.5  
       20         | Food and kindred products................... |12/84| 133.7   134.7   133.9      4.0      -.6  
       21         | Tobacco manufactures........................ |12/84| 391.7   391.1   391.1     11.2    0      
       22         | Textile mill products....................... |12/84| 117.2   116.5   116.2      -.5      -.3  
       23         | Apparel and other finished products made     |     |                                          
                  |  from fabrics and similar materials......... |12/84| 125.8   125.9   125.9      -.1    0      
       24         | Lumber and wood products, except furniture.. |12/84| 161.6   156.9   154.3      -.5     -1.7  
       25         | Furniture and fixtures...................... |12/84| 145.3   145.3   145.8      1.5       .3  
       26         | Paper and allied products................... |12/84| 147.0   145.5   145.1     -1.7      -.3  
       27         | Printing, publishing, and allied industries. |12/84| 188.5   188.8   189.2      2.3       .2  
       28         | Chemicals and allied products............... |12/84| 159.7   156.4   156.0     -1.6      -.3  
       29         | Petroleum refining and related products..... |12/84| 115.9   115.4    93.8    -23.0    -18.7  
       30         | Rubber and miscellaneous plastic products... |12/84| 126.4   125.2   125.6       .2       .3  
       31         | Leather and leather products................ |12/84| 141.9   141.3   141.0      1.9      -.2  
       32         | Stone, clay, glass, and concrete products... |12/84| 135.7   136.4   136.7      1.6       .2  
       33         | Primary metal industries.................... |12/84| 116.4   115.2   114.7     -4.6      -.4  
       34         | Fabricated metal products, except machinery  |     |                                          
                  |  and transportation equipment............... |12/84| 131.1   131.1   131.0       .3      -.1  
       35         | Machinery, except electrical................ |12/84| 118.1   117.8   117.7       .1      -.1  
       36         | Electrical and electronic machinery,         |     |                                          
                  |  equipment, and supplies.................... |12/84| 107.0   106.4   106.5     -1.4       .1  
       37         | Transportation equipment.................... |12/84| 137.1   137.2   138.5       .1       .9  
       38         | Measuring and controlling instruments;       |     |                                          
                  |  photographic, medical, optical goods;       |     |                                          
                  |  watches, clocks............................ |12/84| 127.2   127.5   127.1       .6      -.3  
       39         | Miscellaneous manufacturing industries...... |12/85| 132.5   132.6   132.6      1.2    0      
                  |                                              |     |                                          
                  |Services industries                           |     |                                          
       40         | Railroad transportation..................... |12/96| 104.0   104.3   108.2      4.8      3.7  
       42         | Motor freight transportation and warehousing |06/93| 123.1   123.6   123.8      2.0       .2  
       43         | United States Postal Service................ |06/89| 141.3   145.4   145.4      7.5    0      
       44         | Water transportation........................ |12/92| 129.2   140.9   134.0      5.9     -4.9  
       45         | Transportation by air....................... |12/92| 157.6   158.6   159.8      4.8       .8  
       46         | Pipe lines, except natural gas.............. |12/86| 109.0   111.3   111.5      8.6       .2  
       54         | Food stores................................. |12/99| 109.0   109.5   117.0     13.8      6.8  
       59         | Miscellaneous retail........................ |06/00| 101.0    99.8   100.7      3.6       .9  
       80         | Health services............................. |12/94| 116.2   116.7   117.0      2.7       .3  
       81         | Legal services.............................. |12/96| 117.8   118.3   118.5      3.9       .2  
__________________________________________________________________________________________________________________
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 June 2001 have been recalculated to incorporate late reports and corrections by respondents.   
   All indexes are subject to revision 4 months after original publication. 


                                     

Table 5.  Producer price indexes by stage of processing, seasonally adjusted
(1982=100)
_____________________________________________________________________________________________________________
                                                       |
                                                       |                      Index 1/   
                                                       |_____________________________________________________
               Grouping                                |        |        |        |        |        |        
                                                       |  May   |  June  |  July  |  Aug.  |  Sep.  |  Oct.  
                                                       |  2001  |  2001  |  2001  |  2001  |  2001  |  2001  
_______________________________________________________|________|________|________|________|________|________
                                                       |                                                     
      Finished goods...................................|  142.4    141.9    140.4    140.9    141.4    139.1   
        Finished consumer goods........................|  143.8    143.0    140.9    141.6    142.2    139.5   
          Finished consumer foods......................|  142.0    141.7    140.9    142.1    142.4    141.8
            Crude......................................|  131.1    124.7    113.5    120.9    124.9    121.1
            Processed..................................|  142.8    143.1    143.1    143.8    143.8    143.4
          Finished consumer goods, excluding foods.....|  144.4    143.4    140.7    141.1    141.9    138.3
            Nondurable goods less foods................|  147.1    145.7    141.8    142.3    143.1    138.8
            Durable goods..............................|  133.9    133.9    134.1    134.3    135.0    133.2
        Capital equipment..............................|  139.5    139.7    140.2    140.1    140.3    139.3
          Manufacturing industries.....................|  140.3    140.4    140.6    140.7    140.6    140.1
          Nonmanufacturing industries..................|  139.2    139.4    140.0    139.8    140.1    138.9
                                                       |                                  
      Intermediate materials, supplies, and components.|  131.3    131.1    129.8    129.3    129.4    127.4
        Materials and components for manufacturing.....|  128.5    128.2    127.5    126.9    126.6    126.0
          Materials for food manufacturing.............|  124.7    125.5    125.7    127.4    127.1    126.2
          Materials for nondurable manufacturing.......|  133.9    132.9    131.8    130.1    130.0    128.8
          Materials for durable manufacturing..........|  126.6    126.3    125.3    124.6    124.3    123.5
          Components for manufacturing.................|  126.5    126.5    126.3    126.2    125.9    126.0
        Materials and components for construction......|  151.4    151.6    150.9    150.9    150.8    150.4
        Processed fuels and lubricants.................|  109.7    109.0    104.4    103.4    104.4     96.4
          Manufacturing industries ....................|  108.1    109.3    106.2    104.6    105.2    100.9
          Nonmanufacturing industries..................|  110.1    108.4    103.1    102.4    103.7     93.6
        Containers.....................................|  153.8    154.0    153.6    153.2    153.0    152.4
        Supplies.......................................|  138.6    138.8    138.8    138.7    138.6    138.3
          Manufacturing industries.....................|  145.9    145.8    145.7    145.2    145.0    144.9
          Nonmanufacturing industries..................|  135.6    135.9    135.8    135.9    135.8    135.5
            Feeds......................................|   93.1     95.1     96.8     99.8     98.8     97.5
            Other supplies.............................|  140.7    140.8    140.6    140.3    140.4    140.1
                                                       |                                  
      Crude materials for further processing...........|  130.1    119.6    115.4    112.7    108.1     98.3
        Foodstuffs and feedstuffs......................|  107.6    107.6    108.1    107.5    108.7    105.9
        Nonfood materials..............................|  141.0    123.6    116.3    112.3    103.8     89.5
          Nonfood materials except fuel 2/.............|  107.3    106.2    104.2    103.4    103.6     93.2
            Manufacturing 2/...........................|   98.7     97.6     95.7     95.0     95.1     85.3
            Construction...............................|  182.9    184.7    183.4    182.5    182.6    180.1
          Crude fuel 3/................................|  175.9    137.5    123.5    115.5     95.8     77.2
            Manufacturing industries...................|  173.7    136.2    121.2    113.7     93.9     74.4
            Nonmanufacturing industries................|  179.2    140.0    126.0    117.7     97.6     78.8
                                                       |
                     Special groupings                 |
                                                       |
      Finished goods, excluding foods..................|  142.5    141.8    140.1    140.4    140.9    138.2
      Intermediate materials less foods and feeds......|  132.2    131.9    130.5    129.9    130.0    128.0
      Intermediate foods and feeds.....................|  114.9    116.1    116.8    118.9    118.4    117.4
      Crude materials less agricultural products 2/....|  143.7    125.7    118.1    113.6    104.7     90.0
                                                       |
      Finished energy goods............................|  103.7    101.1     94.8     95.8     96.7     89.3
      Finished goods less energy.......................|  147.8    147.8    147.7    148.0    148.4    147.6
      Finished consumer goods less energy..............|  151.2    151.2    150.8    151.3    151.7    151.0
                                                       |
      Finished goods less foods and energy.............|  150.1    150.2    150.4    150.3    150.7    149.9
      Finished consumer goods less foods and energy....|  157.1    157.2    157.2    157.1    157.7    157.0
      Consumer nondurable goods less foods and energy..|  175.5    175.8    175.5    175.3    175.7    175.9
                                                       |
      Intermediate energy goods........................|  109.2    108.5    104.0    103.0    104.0     96.1
      Intermediate materials less energy...............|  135.9    135.8    135.3    134.9    134.7    134.2
      Intermediate materials less foods and energy.....|  137.3    137.1    136.5    136.0    135.8    135.3
                                                       |
      Crude energy materials 2/........................|  140.5    118.3    109.0    104.2     93.1     75.2
      Crude materials less energy......................|  113.4    113.0    113.2    112.4    113.4    110.8
      Crude nonfood materials less energy 3/...........|  131.2    129.8    129.1    128.1    128.3    126.1
____________________________________________________________________________________________________________

  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 June 2001 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
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
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	
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.