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                    U.S. IMPORT AND EXPORT PRICE INDEXES
                             - NOVEMBER 2007 -

     The U.S. Import Price Index increased 2.7 percent in November, the 
Bureau of Labor Statistics of the U.S. Department of Labor reported today.  
The increase was the largest monthly advance since October 1990 and was led 
by a 9.8 percent rise in petroleum prices.  Prices for U.S. exports rose 0.9 
percent in November after a 0.8 percent increase the previous month.
         

                Percent changes in import and export price indexes
                               by End Use category
                            -not seasonally adjusted-

                            IMPORTS                       EXPORTS

 Month                                  Non-               Agri-     Nonagri-
                    All    Petroleum petroleum    All     cultural   cultural
                  Imports   Imports   Imports   Exports   Exports    Exports

2006
November            0.4      -1.6       1.0       0.4       4.4        0.1
December            1.1       4.0       0.5       0.6       2.4        0.5

2007
January            -1.2      -6.6      -0.1       0.4       0.6        0.5
February            0.4       1.7       0.0       0.8       2.8        0.6
March               1.6       8.5       0.3       0.7       2.1        0.6
April               1.4       6.8       0.3       0.4      -1.4        0.5
May                 0.9       2.7       0.6       0.3      -0.1        0.4
June                1.2       4.8       0.3       0.4       2.7        0.2
July                1.2       6.0       0.1       0.1       1.6       -0.1
August             -0.3 r    -1.5 r     0.0       0.2       1.0        0.1 r
September           0.6 r     2.9 r    -0.1 r     0.3       4.2 r      0.0 r
October             1.4 r     5.1 r     0.5       0.8 r     3.8 r      0.5
November            2.7       9.8       0.7       0.9       1.4        0.8

November 2005-06    1.3       1.1       1.4       3.9      10.3        3.4
November 2006-07   11.4      53.0       3.0       6.1      23.0        4.6

r = revised to reflect late reports and corrections by respondents.


Import Goods
        
     The 2.7 percent advance in import prices in November followed 
increases of 1.4 percent and 0.6 percent the two previous months.  Over the 
past 12 months, the price index for petroleum imports was up 53.0 percent, 
while overall import prices increased 11.4 percent, the largest annual advance 
since the index was first published in September 1982.  While the rise in 
petroleum prices was the largest contributor to the November increase, 
nonpetroleum prices also advanced, rising 0.7 percent.  The increase in 
nonpetroleum prices in November followed a 0.5 percent rise in October.  
Nonpetroleum prices advanced 3.0 percent over the past year.
         
     A 2.7 percent increase in the price index for nonpetroleum industrial 
supplies and materials was the largest contributor to the overall rise in 
nonpetroleum prices in November.  The advance followed a 1.4 percent 
increase in October.  The increase was largely attributable to a sharp rise in 
natural gas prices.  Excluding prices for petroleum and natural gas, prices for 
industrial supplies and materials rose 1.2 percent.  Prices for chemicals, gold, 
and other precious metals contributed to the advance.
        
     Capital goods prices rose 0.2 percent in November, continuing an 
upward trend over the past seven months.  The increase was led by higher 
prices for industrial and service machinery as well as computers.  Prices for 
automotive vehicles and for consumer goods also increased in November.  
Automotive vehicle prices rose 0.3 percent for the second consecutive month, 
while prices for consumer goods ticked up 0.2 percent after rising 0.1 percent 
in each of the previous two months.
        
     In contrast, the price index for foods, feeds, and beverages fell 0.2 
percent in November.  Lower prices for meat and fruit both contributed to the 
decrease.
        
        
Export Goods 

     The 0.9 percent increase in export prices was the largest one-month 
gain in the index since a 1.0 percent increase in April 1995.  Higher prices for 
both agricultural and nonagricultural exports contributed to the advance.  
Agricultural prices increased 1.4 percent in November after a 3.8 percent rise 
the previous month and advanced 23.0 percent over the past year.  In 
November, higher prices for corn and soybeans more than offset lower prices 
for wheat.  Nonagricultural prices increased 0.8 percent in November after 
recording a 0.5 percent rise the previous month.  For the year ended in 
November, nonagricultural prices rose 4.6 percent while overall export prices 
advanced 6.1 percent, the largest annual advance since July 1995. 
        
     The November increase in nonagricultural prices was led by a 2.3 
percent rise in the price index for nonagricultural industrial supplies and 
materials.  The advance followed a 1.1 percent increase in October.  Rising 
prices for fuel, metals, and chemicals drove the index upward.   
         
     Each of the major finished goods indexes also recorded advances in 
November.  The price indexes for consumer goods and capital goods rose 0.3 
percent and 0.1 percent, respectively.  Automotive vehicle prices ticked up 0.1 
percent in November, following a 0.2 percent advance in October.
         
        
Imports by Locality of Origin 
   
     Prices for imports from China rose for the seventh consecutive month 
in November, increasing 0.2 percent.  The index had also advanced 0.2 percent 
in October and September.  Over the past 12 months, the index rose 2.3 percent 
after declining 1.3 percent for the November 2005-2006 period.  

     Import prices from Canada and from the European Union advanced 4.7 
percent and 0.7 percent, respectively, in November.  Higher fuel prices and a 
decline in the value of the dollar contributed to the increases.  For the year 
ended in November, prices for imports from Canada rose 12.9 percent while 
import prices from the European Union were up 3.3 percent.
        
     The price index for imports from Mexico also increased, rising 1.9 
percent in November and 14.2 percent over the past year.  
        
     In contrast, the price index for imports from Japan edged down 0.1 
percent in November.  Prices for imports from Japan fell 0.2 percent for the 
year ended in November.

        
Import and Export Services

     The price index for export travel and tourism, which is lagged one month, 
increased 1.1 percent in October after a 2.1 percent advance in September.   

     Import air passenger fares decreased for the third consecutive month in 
November, falling 3.0 percent following a 5.6 percent drop in October.  The 
decline in November was driven by lower seasonal European fares, which decreased 
7.7 percent.  Despite the recent drops, the index rose 5.8 percent over the past 
12 months.  Export air passenger fares fell 1.2 percent in November, but advanced 
11.5 percent over the past year.  

     The price indexes for import air freight and export air freight each rose in 
November, advancing 2.1 percent and 0.3 percent, respectively.  For the year ended 
in November, import air freight prices increased 6.4 percent and prices for export 
air freight rose 3.9 percent.


                     CONTENTS OF RELEASE

This news release includes the following tables:

Table 1    U.S. Import Price Indexes, by End Use
Table 2    U.S. Export Price Indexes, by End Use
Table 3    U.S. Import Price Indexes, by NAICS
Table 4    U.S. Export Price Indexes, by NAICS
Table 5    U.S. Import Price Indexes, by Harmonized System
Table 6    U.S. Export Price Indexes, by Harmonized System
Table 7    U.S. Import Price Indexes, by Locality of Origin
Table 8    U.S. International Price Indexes for Selected Transportation Services
Table 9    U.S. Export Price Indexes for Travel and Tourism Services
Table 10   U.S. Export Price Indexes for Postsecondary Education Services       
-------------------------------------------------------------------
Import and Export Price Index data for December 2007 are scheduled for release on January 11, 
2008 at 8:30 A.M. (E.S.T.).  


Table  1     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  November 2006-November 2007          2000=100, unless otherwise noted
                                                                                    Index                     Percent Change
                                                                   Relative
                                                                    Import-                      Annual         Monthly
                                                                     ance                         Nov.    July    Aug.    Sept.   Oct.
 END                            Description                                                       2006    2007    2007    2007    2007
 USE                                                               October   October   November    to      to      to      to      to
                                                                     2007      2007      2007     Nov.    Aug.    Sept.   Oct.    Nov.
                                                                      1/                          2007    2007    2007    2007    2007

         ALL COMMODITIES.......................................... 100.000    123.5      126.8    11.4    -0.3     0.6     1.4     2.7
         ALL IMPORTS EXCLUDING PETROLEUM..........................  78.868    107.6      108.4     3.0     0.0    -0.1     0.5     0.7
         ALL IMPORTS EXCLUDING FUELS
                (Dec. 2001=100)...................................  76.728    110.5      111.0     3.0     0.3     0.0     0.4     0.5

0          FOODS, FEEDS, & BEVERAGES..............................   4.394    133.2      133.0     9.4     0.5     1.3     1.1    -0.2

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages.............   3.376    146.5      146.5    10.8     0.5     1.5     1.5     0.0

01               Nonagricultural foods (fish, distilled beverages)   1.018    103.3      102.7     4.7     0.5     0.3    -0.2    -0.6

1          INDUSTRIAL SUPPLIES & MATERIALS........................  38.403    197.1      210.1    29.5    -1.3     1.1     3.4     6.6
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING PETROLEUM...........................  17.273    143.0      146.8     7.9    -1.0    -1.1     1.4     2.7
              INDUSTRIAL SUPPLIES & MATERIALS
                    EXCLUDING FUELS (Dec. 2001=100)...............  15.133    153.0      154.9     7.6     0.4    -0.7     1.2     1.2
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE.......................................   9.776    147.1      148.7     7.6     0.3    -1.4     0.5     1.1
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE EXCLUDING PETROLEUM................   5.357    137.2      143.6     8.1    -2.7    -0.6     2.7     4.7

10               Fuels & lubricants...............................  23.270    261.9      288.2    47.4    -2.3     2.3     4.9    10.0
100                  Petroleum & petroleum products...............  21.130    277.4      304.7    53.0    -1.5     2.9     5.1     9.8
10000                        Crude................................  15.115    284.1      305.3    53.0     0.3     2.6     5.2     7.5

101                  Fuels, n.e.s.-coals & gas....................   1.728    156.7      179.5     4.1   -11.5    -2.1     9.0    14.6

10110                        Gas-natural..........................   1.551    149.8      174.1     3.3   -12.6    -2.8     9.7    16.2

11               Paper & paper base stocks........................   0.809    111.8      114.1     0.8     0.4     0.5     0.5     2.1

12               Materials associated with nondurable
                        supplies & materials......................   4.627    131.7      133.7     8.7     0.6     0.7     2.7     1.5

13               Selected building materials......................   1.880    115.7      116.2     4.9    -0.3     0.3    -1.0     0.4

14               Unfinished metals related to durable goods.......   4.538    211.0      214.7    10.8     0.1    -2.9     1.0     1.8

15               Finished metals related to durable goods.........   1.727    136.4      137.4     8.1     1.7    -1.0     1.2     0.7

16               Nonmetals related to durable goods...............   1.552    102.9      103.3     1.7     0.1     0.3     0.4     0.4

2          CAPITAL GOODS..........................................  20.954     91.9       92.1     0.8     0.2     0.1     0.0     0.2

20               Electric generating equipment....................   2.578    106.6      107.0     4.0     0.6     0.1     0.1     0.4

21               Nonelectrical machinery..........................  16.740     87.6       87.8     0.0     0.2     0.0     0.0     0.2

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)............   1.636    114.0      114.0     4.4     0.1     0.0     0.5     0.0

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES...................  13.415    105.5      105.8     1.4     0.2     0.2     0.3     0.3

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES.....................................  22.832    102.2      102.4     1.7     0.3     0.1     0.1     0.2

40               Nondurables, manufactured........................  10.562    105.2      105.2     2.0     0.1     0.2     0.1     0.0

41               Durables, manufactured...........................  11.138     98.9       99.3     1.2     0.5     0.0     0.1     0.4

42               Nonmanufactured consumer goods...................   1.132    103.2      103.3     1.6     0.3     0.0    -0.2     0.1


     1   Relative importance figures are based on 2005 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available


Table  2     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  November 2006-November 2007          2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
                                                                        ance                         Nov.    July    Aug.    Sept.   Oct.
 END                             Description                                                         2006    2007    2007    2007    2007
 USE                                                                  October   October   November    to      to      to      to      to
                                                                        2007      2007      2007     Nov.    Aug.    Sept.   Oct.    Nov.
                                                                         1/                          2007    2007    2007    2007    2007

         ALL COMMODITIES............................................. 100.000    117.6      118.6     6.1     0.2     0.3     0.8     0.9
         AGRICULTURAL COMMODITIES....................................   9.221    162.8      165.0    23.0     1.0     4.2     3.8     1.4
         NONAGRICULTURAL COMMODITIES.................................  90.779    114.4      115.3     4.6     0.1     0.0     0.5     0.8

0          FOODS, FEEDS, & BEVERAGES.................................   8.404    164.1      166.0    22.2     1.5     4.2     4.0     1.2

00               Agricultural foods, feeds & beverages,
                        excluding distilled beverages................   7.702    167.6      169.9    23.7     1.5     4.6     4.2     1.4

01               Nonagricultural foods (fish, distilled beverages)...   0.702    134.0      132.8     8.5     1.5     0.6     0.8    -0.9

1          INDUSTRIAL SUPPLIES & MATERIALS...........................  30.049    150.4      153.8    11.6     0.1     0.0     1.1     2.3
              INDUSTRIAL SUPPLIES & MATERIALS,
                    DURABLE..........................................  11.558    157.8      159.7     8.9     0.4    -0.6     1.5     1.2
              INDUSTRIAL SUPPLIES & MATERIALS,
                    NONDURABLE.......................................  18.491    146.8      151.0    13.4    -0.1     0.4     0.9     2.9

10               Agricultural industrial supplies & materials........   1.519    142.6      144.5    20.2    -0.9     1.9     1.9     1.3

           NONAGRICULTURAL INDUSTRIAL SUPPLIES
                        & MATERIALS..................................  28.531    151.1      154.5    11.2     0.1    -0.1     1.1     2.3

11               Fuels & lubricants..................................   4.494    204.3      222.4    23.2    -2.7     1.8     1.7     8.9

12               Nonagricultural supplies & materials
                        excluding fuels & building materials.........  22.933    146.4      148.1     9.3     0.8    -0.5     1.0     1.2

13               Selected building materials.........................   1.104    114.5      113.9     3.1    -0.1     0.4     0.1    -0.5

2          CAPITAL GOODS.............................................  38.844    100.1      100.2     1.4     0.1     0.1     0.2     0.1

20               Electrical generating equipment.....................   3.647    107.1      107.1     1.0     0.1     0.0     0.4     0.0

21               Nonelectrical machinery.............................  28.082     93.2       93.3     0.8     0.0     0.0     0.1     0.1

22               Transportation equipment excluding
                        motor vehicles (Dec. 2001=100)...............   7.115    124.0      124.5     4.9     0.3     0.2     0.5     0.4

3          AUTOMOTIVE VEHICLES, PARTS & ENGINES......................  10.352    106.4      106.5     1.1     0.0     0.0     0.2     0.1

4          CONSUMER GOODS, EXCLUDING
                  AUTOMOTIVES........................................  12.350    106.5      106.8     2.8     0.2    -0.1     0.3     0.3

40               Nondurables, manufactured...........................   5.890    107.5      108.2     4.3     0.2    -0.2     0.5     0.7

41               Durables, manufactured..............................   5.394    104.3      104.3     1.4     0.2     0.0     0.1     0.0


     1   Relative importance figures are based on 2005 trade values.

     NOTES:  Data may be revised in each of the three months after original publication.
             n.a.  Not available


Table  3     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  November 2006-November 2007          December  2005=100, unless otherwise noted
                                                                                         Index                     Percent Change
                                                                        Relative
                                                                         Import-                      Annual         Monthly
                                                                          ance                         Nov.    July    Aug.    Sept.   Oct.
NAICS                             Description                                                          2006    2007    2007    2007    2007
                                                                        October   October   November    to      to      to      to      to
                                                                          2007      2007      2007     Nov.    Aug.    Sept.   Oct.    Nov.
                                                                           1/                          2007    2007    2007    2007    2007

         Nonmanufactured articles......................................  19.294    128.0      138.0    42.6    -1.2     2.1     5.2     7.8

11               AGRICULTURE AND LIVESTOCK PRODUCTS....................   1.535    118.7      118.8    12.8     0.1     1.0     1.5     0.1
111                  Agricultural products.............................   1.092    121.8      123.1    18.6     0.7     2.0     1.8     1.1

21               OIL, GAS, MINERALS AND ORES...........................  17.759    128.9      139.8    45.6    -1.3     2.2     5.5     8.5
212                  Minerals and ores (Dec. 2006=100).................   0.393    104.2      105.1    n.a.     0.0     0.9     0.7     0.9

         Manufactured articles.........................................  80.125    106.8      108.3     5.5    -0.1     0.1     0.6     1.4

31               MANUFACTURED GOODS, PART 1............................  10.151    105.6      105.7     4.2     0.2     0.6     0.5     0.1
311                  Food and kindred products.........................   2.476    115.8      116.0    11.9     0.8     1.0     1.3     0.2
312                  Beverages and tobacco products....................   0.782    103.4      103.8     1.7     0.2     0.0     0.2     0.4
313                  Textiles and fabrics..............................   0.492    108.3      108.2     4.3     0.5    -0.2     1.0    -0.1
314                  Textile mill products.............................   0.747    100.3      100.4    -0.1     0.2    -0.8     0.1     0.1
315                  Apparel and accessories...........................   4.208    102.1      102.1     2.2     0.1     0.7     0.0     0.0
316                  Leather and allied products.......................   1.446    102.9      103.1     2.1     0.0     0.6     0.3     0.2

32               MANUFACTURED GOODS, PART 2............................  17.967    112.5      118.2    16.6    -1.4     1.0     1.4     5.1
321                  Wood products.....................................   1.194     93.3       93.6     4.0    -0.4     0.0    -2.1     0.3
322                  Paper.............................................   1.319    104.8      106.3     0.9     0.3     0.2     0.7     1.4
324                  Petroleum and coal products.......................   4.788    125.0      145.1    51.3    -5.9     3.9     4.8    16.1
325                  Chemicals.........................................   7.811    112.8      114.3     9.0     0.4    -0.3     0.3     1.3
326                  Plastics and rubber products......................   1.652    105.1      105.3     1.8     0.3     0.2     0.7     0.2
327                  Nonmetallic mineral products......................   1.097    108.5      109.0     5.5     0.3     0.0     1.0     0.5

33               MANUFACTURED GOODS, PART 3............................  52.007    105.2      105.6     2.1     0.4    -0.3     0.3     0.4
331                  Primary metals....................................   5.358    145.8      148.9    11.3     0.3    -2.9     1.0     2.1
332                  Fabricated metal products, nesoi..................   2.507    110.3      110.8     5.3     0.6    -0.1     0.7     0.5
333                  Machinery, except electrical......................   6.545    106.7      107.0     4.3     0.4     0.1     0.4     0.3
334                  Computer and electronic products..................  13.631     94.6       94.7    -2.9     0.2     0.0    -0.3     0.1
335                  Electrical equipment, appliances, and components..   3.590    107.7      108.1     4.4     0.6     0.1     0.3     0.4
336                  Transportation equipment..........................  14.172    102.3      102.6     1.9     0.1     0.3     0.3     0.3
337                  Furniture and fixtures............................   1.429    102.1      102.3     1.6     0.0     0.2     0.3     0.2
339                  Miscellaneous manufactured commodities............   4.775    107.4      108.0     2.8     0.9     0.0     0.2     0.6


     1   Relative importance figures are based on 2005 trade values.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  4     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  November 2006-November 2007          December  2005=100, unless otherwise noted
                                                                                         Index                     Percent Change
                                                                        Relative
                                                                         Import-                      Annual         Monthly
                                                                          ance                         Nov.    July    Aug.    Sept.   Oct.
NAICS                             Description                                                          2006    2007    2007    2007    2007
                                                                        October   October   November    to      to      to      to      to
                                                                          2007      2007      2007     Nov.    Aug.    Sept.   Oct.    Nov.
                                                                           1/                          2007    2007    2007    2007    2007

         Nonmanufactured articles......................................   6.973    133.7      134.7    21.5     0.6     5.5     7.1     0.7

11               AGRICULTURE AND LIVESTOCK PRODUCTS....................   5.369    149.3      150.5    30.4     1.1     7.5     7.3     0.8
111                  Agricultural products.............................   4.955    153.8      155.7    33.5     1.2     8.1     7.9     1.2

21               OIL, GAS, MINERALS AND ORES...........................   1.604     99.1       99.6    -1.6    -1.1    -0.7     6.8     0.5
211                  Oil and gas.......................................   0.542     96.3       98.5    -4.4    -3.5     1.6    14.4     2.3
212                  Minerals and ores.................................   1.062    100.6      100.2    -0.2     0.0    -1.7     3.2    -0.4

         Manufactured articles.........................................  90.119    106.5      107.4     4.7     0.1     0.0     0.3     0.8

31               MANUFACTURED GOODS, PART 1............................   6.829    112.4      113.6    10.7     0.9     0.4     0.4     1.1
311                  Food and kindred products.........................   4.293    121.0      123.1    17.3     1.3     0.7     0.5     1.7
312                  Beverages and tobacco products....................   0.488    104.2      104.7     5.0     0.5     0.3     1.3     0.5
313                  Textiles and fabrics..............................   0.951     98.7       98.7     0.6     0.1    -0.1     0.3     0.0
315                  Apparel and accessories...........................   0.547    100.5      100.5     0.4     0.0     0.0     0.0     0.0

32               MANUFACTURED GOODS, PART 2............................  22.854    112.0      114.6    10.1     0.3     0.0     0.3     2.3
321                  Wood products.....................................   0.560    111.3      110.6     5.6     0.0     0.4     0.1    -0.6
322                  Paper.............................................   2.101    111.1      111.8     3.8     0.4     0.3     0.0     0.6
324                  Petroleum and coal products.......................   2.618    127.8      144.9    38.3    -4.6     3.3     0.7    13.4
325                  Chemicals.........................................  14.328    111.1      112.2     8.2     1.1    -0.5     0.2     1.0
326                  Plastics and rubber products......................   2.302    105.8      106.4     2.9     0.6     0.2     0.3     0.6
327                  Nonmetallic mineral products......................   0.840    106.8      107.6     4.8    -0.6    -0.1     0.2     0.7

33               MANUFACTURED GOODS, PART 3............................  60.436    103.9      104.2     2.1     0.0    -0.1     0.3     0.3
331                  Primary metals....................................   4.181    125.7      128.7     9.2     0.0    -1.4     1.9     2.4
332                  Fabricated metal products, nesoi..................   2.772    112.6      112.7     5.0    -0.3     0.0     0.2     0.1
333                  Machinery, except electrical......................  12.060    106.1      106.2     3.3     0.2     0.0     0.3     0.1
334                  Computer and electronic products..................  16.760     96.0       96.1    -1.4    -0.2     0.0    -0.1     0.1
335                  Electrical equipment, appliances, and components..   3.566    105.1      105.1     2.7     0.1     0.1     0.3     0.0
336                  Transportation equipment..........................  16.334    104.8      105.0     2.4     0.2     0.1     0.3     0.2
339                  Miscellaneous manufactured commodities............   4.424    104.9      104.9     2.5     0.1     0.1     0.5     0.0


     1   Relative importance figures are based on 2005 trade values.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  5     U.S. Import Price Indexes and Percent Changes for Selected Categories of Goods
                  November 2006-November 2007          2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         Nov.    July    Aug.    Sept.   Oct.
nized                            Description                                                         2006    2007    2007    2007    2007
System                                                                October   October   November    to      to      to      to      to
                                                                        2007      2007      2007     Nov.    Aug.    Sept.   Oct.    Nov.
                                                                         1/                          2007    2007    2007    2007    2007

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.141    126.0      122.9     2.6     0.5    -0.6    -1.6    -2.5
02               Meat and edible meat offal..........................   0.305    148.7      145.5     1.6     0.3    -0.4     0.6    -2.2
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.569     99.8       98.7     2.6     0.0     0.0    -1.6    -1.1

II         VEGETABLE PRODUCTS........................................   1.247    144.5      143.0    16.1     0.6     4.2     3.1    -1.0
07               Edible vegetables, roots, and tubers................   0.315    191.5      195.5    19.0     0.1    -2.3    -3.6     2.1
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.399    108.6      102.8    17.4     1.7    13.0     7.5    -5.3
09               Coffee, tea, mate and spices........................   0.251    151.4      149.6    10.2     1.2     1.6     3.2    -1.2

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.023    126.6      127.4     6.6     0.3     0.5     0.5     0.6
20               Preparations of vegetables, fruit,
                        nuts, or other parts of plants...............   0.272    129.8      132.5    11.6     0.1     4.6     1.3     2.1
22               Beverages, spirits, and vinegar.....................   0.751    111.1      111.2     0.8     0.2    -0.1    -0.2     0.1

V          MINERAL PRODUCTS..........................................  22.996    258.5      283.5    45.9    -2.2     2.5     5.3     9.7
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........  22.607    258.5      283.8    46.7    -2.3     2.6     5.4     9.8

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................   7.070    125.9      127.1     8.2     0.2    -0.3     0.5     1.0
28               Inorganic chemicals.................................   0.879    204.2      207.1    20.4    -1.4    -4.5    -7.5     1.4
29               Organic chemicals...................................   2.532    124.2      126.1     4.3     0.4     0.4     2.6     1.5
30               Pharmaceutical products.............................   1.940    109.2      109.3     3.7     0.3     0.3     0.0     0.1
32               Tanning & dyeing extracts; dye &
                        pigments; varnish & paints; putty............   0.171    102.4      102.6     1.0     0.0     0.2     0.0     0.2
33               Essential oils and resinoids (Dec. 2001=100)........   0.400    114.2      114.3     3.5    -0.1     0.2     0.2     0.1
38               Miscellaneous chemical products.....................   0.419     99.0       99.8     5.7     0.5     0.2     0.3     0.8

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   2.870    124.0      124.9     3.1     0.2     0.3     0.7     0.7
39               Plastics and articles thereof.......................   1.860    121.1      121.8     2.4     0.0     0.3     0.5     0.6
40               Rubber and articles thereof.........................   1.010    129.6      130.9     4.5     0.2     0.3     1.2     1.0

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.591    110.0      110.1     4.2     0.1     1.1     0.7     0.1
42               Articles of leather; travel goods, bags,
                        etc. of various materials....................   0.515    110.5      110.6     4.6     0.1     1.4     0.8     0.1

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   1.254    114.3      114.8     3.5    -0.6     0.0    -2.3     0.4

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   1.505    109.3      110.6     1.3     0.3     0.4     0.6     1.2
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.018    104.3      105.9    -0.3     0.1     0.3     0.2     1.5
49               Printed matter......................................   0.269    117.3      117.6     2.5     0.0     0.7     0.2     0.3

XI         TEXTILE AND TEXTILE ARTICLES..............................   5.260    102.9      102.9     1.8     0.1     0.4     0.1     0.0
61               Articles of apparel and clothing
                        accessories, knitted or crocheted............   1.864    100.6      100.6     0.4     0.0     0.1     0.0     0.0
62               Articles of apparel and clothing
                        accessories, not knitted or crocheted........   2.144    102.8      102.7     3.3     0.1     1.2     0.0    -0.1
63               Made-up or worn textile articles....................   0.499     92.5       92.5    -2.0     0.0    -1.7     0.0     0.0

XII        HEADGEAR, UMBRELLAS,
                 ARTIFICIAL FLOWERS, ETC.............................   1.198    102.2      102.3     1.4     0.0     0.0     0.2     0.1
64               Footwear and  parts of such articles................   1.012    102.0      102.2     1.0     0.1    -0.1     0.2     0.2

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.949    112.7      113.1     4.0     0.3     0.0     0.8     0.4
68               Articles of stone, plaster, cement,
                        asbestos, or mica (Dec. 2001=100)............   0.330    104.7      104.7     1.6     0.1    -0.5     1.2     0.0
69               Ceramic products....................................   0.304    120.5      121.1     7.1     0.0     0.7     0.8     0.5
70               Glass and glassware.................................   0.316    112.2      112.9     3.8     0.6     0.0     0.3     0.6

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   2.831    136.8      140.3    12.3     1.7    -0.5     2.2     2.6

XV         BASE METALS AND ARTICLES OF BASE METAL....................   6.406    170.6      171.8     5.9     0.1    -2.3     0.2     0.7
72               Iron and steel......................................   1.539    206.5      206.3    11.3     0.1    -1.8     0.3    -0.1
73               Articles of iron or steel...........................   1.448    132.1      132.6     5.4     0.7    -0.1     1.1     0.4
74               Copper and articles thereof.........................   0.897    306.4      314.5     9.0     4.8    -4.3     1.1     2.6
76               Aluminum and articles thereof.......................   1.023    138.8      139.1    -2.2     1.3    -2.4    -2.2     0.2
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.346    109.2      110.8     3.3     0.4     0.6     0.2     1.5
83               Miscellaneous articles of base metal................   0.464    126.1      126.2     2.7     0.4     0.2     0.2     0.1

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE & SOUND RECORDERS, PARTS, ETC.................  23.538     88.3       88.4     0.3     0.3     0.0     0.0     0.1
84               Machinery and mechanical appliances; parts thereof..  12.197     89.0       89.1     0.8     0.3     0.0     0.1     0.1
85               Electrical machinery and equip, sound
                        and TV recorders & reproducers, parts........  11.341     87.5       87.8     0.0     0.2     0.0    -0.2     0.3

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  12.310    106.8      107.1     1.6     0.1     0.2     0.4     0.3
87               Motor vehicles and their parts......................  11.358    106.0      106.3     1.6     0.1     0.2     0.4     0.3
88               Aircraft, spacecraft, and parts
                        thereof (Dec. 2002=100)......................   0.841    110.3      110.4     2.5     0.1     0.0     0.8     0.1

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   2.878     99.5       99.6     0.0     0.3     0.1     0.1     0.1
90               Optical, photographic, measuring and
                        medical instruments..........................   2.554     97.7       97.8    -0.3     0.2     0.1     0.1     0.1
91               Clocks and watches and parts thereof................   0.238    117.1      117.3     3.6     0.3     0.2     0.3     0.2

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   3.706    101.8      101.8     1.5     0.1     0.2     0.2     0.0
94               Furniture & stuffed furnishings; lamps &
                        lighting fittings, nesoi; prefab bldg........   2.109    105.4      105.5     1.4     0.1     0.1     0.4     0.1
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   1.394     96.8       96.8     1.3     0.1     0.2     0.0     0.0
96               Miscellaneous manufactured articles.................   0.202    106.7      106.7     4.7     0.0     0.1    -0.4     0.0


     1   Relative importance figures are based on 2005 trade values.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  6     U.S. Export Price Indexes and Percent Changes for Selected Categories of Goods
                  November 2006-November 2007          2000=100, unless otherwise noted
                                                                                       Index                     Percent Change
                                                                      Relative
                                                                       Import-                      Annual         Monthly
Harmo-                                                                  ance                         Nov.    July    Aug.    Sept.   Oct.
nized                            Description                                                         2006    2007    2007    2007    2007
System                                                                October   October   November    to      to      to      to      to
                                                                        2007      2007      2007     Nov.    Aug.    Sept.   Oct.    Nov.
                                                                         1/                          2007    2007    2007    2007    2007

I          LIVE ANIMALS; ANIMAL PRODUCTS.............................   1.596    155.7      153.8    16.9     1.8     0.4    -3.0    -1.2
02               Meat & edible meat offal (Dec. 2006=100)............   0.852    127.4      124.5    n.a.     2.3     1.4    -3.3    -2.3
03               Fish and crustaceans, molluscs and
                        other aquatic invertebrates..................   0.437    131.9      131.2    11.0     2.1     0.9     1.2    -0.5

II         VEGETABLE PRODUCTS........................................   4.933    191.8      194.7    31.3     1.2     7.9     7.5     1.5
08               Edible fruit and nuts; peel of citrus
                        fruit or melons..............................   0.697    126.3      128.7    21.1     3.9     2.7     2.9     1.9
10               Cereals.............................................   2.262    221.3      219.7    28.5     2.9    12.0    10.0    -0.7
12               Oilseeds and misc. grains, seeds,
                        fruits, plants, straw and fodder.............   1.309    185.7      194.8    44.3    -0.8     5.2     6.4     4.9

IV         PREPARED FOODSTUFFS, BEVERAGES, AND
                     TOBACCO.........................................   2.348    125.4      127.8    11.0     1.1     1.2     1.9     1.9
21               Miscellaneous edible preparations...................   0.429    115.4      115.6     5.4     3.3    -0.1     0.2     0.2
23               Residues and waste from the food
                        industries; prepared animal feed.............   0.542    162.4      173.3    29.6     1.3     5.3     5.8     6.7

V          MINERAL PRODUCTS..........................................   4.428    247.1      265.9    19.2    -2.9     1.5     2.4     7.6
27               Mineral fuels, oils and residuals,
                        bituminous substances and mineral wax........   3.712    235.2      256.7    25.0    -3.4     2.2     2.7     9.1

VI         PRODUCTS OF THE CHEMICAL OR ALLIED
                     INDUSTRIES......................................  11.815    131.8      133.4     7.5     1.1    -1.0     0.2     1.2
28               Inorganic chemicals.................................   1.199    165.3      167.2     7.4     2.1     1.3    -0.7     1.1
29               Organic chemicals...................................   3.741    145.9      149.2     7.4     2.1    -3.3     1.0     2.3
30               Pharmaceutical products.............................   2.497    115.4      116.1     5.2     0.2    -0.1     0.6     0.6
32               Tanning or dyeing extracts, dyes,
                        paints, varnish, putty, & inks...............   0.592    115.3      115.1     3.5    -1.6    -0.1     0.9    -0.2
33               Essential oils and resinoids;
                        perfumery, cosmetic or toilet................   0.671    117.1      118.9     3.7     0.8    -1.4     0.5     1.5
34               Soap; lubricants; waxes, polishing or
                        scouring products; candles, pastes...........   0.399    110.9      112.0     1.4     3.5     0.1    -4.3     1.0
38               Miscellaneous chemical products.....................   1.646    119.4      120.8     6.8     0.1     0.2    -0.5     1.2

VII        PLASTICS AND ARTICLES THEREOF; RUBBER
                     AND ARTICLES THEREOF............................   5.481    133.9      134.6     6.1     0.7     0.3     0.4     0.5
39               Plastics and articles thereof.......................   4.398    129.9      130.5     5.9     0.8     0.5     0.3     0.5
40               Rubber and articles thereof.........................   1.083    150.5      151.9     6.7     0.3    -0.3     0.5     0.9

VIII       RAW HIDES, SKINS, LEATHER, FURSKINS,
                     TRAVEL GOODS, ETC...............................   0.452    118.2      117.6    -2.6     0.0     0.0    -0.8    -0.5

IX         WOOD, WOOD CHARCOAL, CORK, STRAW,
                     BASKETWARE AND WICKERWORK.......................   0.717    112.9      110.8     1.0    -0.7     0.4     0.1    -1.9

X          WOODPULP, RECOVERED PAPER, AND
                 PAPER PRODUCTS......................................   2.712    113.5      114.6     7.1     0.3     0.5     0.7     1.0
47               Woodpulp and recovered paper........................   0.698    120.8      122.6    19.4     0.1     1.6     2.7     1.5
48               Paper and paperboard; articles of paper
                        pulp, paper or paperboard....................   1.433    109.2      109.7     2.6     0.3     0.4    -0.4     0.5
49               Printed material....................................   0.581    119.6      121.4     5.7     0.3    -0.2     1.1     1.5

XI         TEXTILE AND TEXTILE ARTICLES..............................   2.455    105.2      105.4     3.8    -0.2     0.6     0.7     0.2
52               Cotton, including yarns and woven fabrics thereof...   0.713    103.7      103.6    12.4    -1.5     3.0     2.8    -0.1

XIII       STONE, PLASTER, CEMENT, ASBESTOS,
                 CERAMICS, GLASS ETC.................................   0.802    110.4      110.5     6.0     0.0    -0.1     0.4     0.1
70               Glass and glassware.................................   0.432     99.1       99.2     3.9     0.0    -0.2     0.5     0.1

XIV        PEARLS, STONES, PRECIOUS METALS,
                 IMITATION JEWELRY, AND COINS........................   3.540    164.6      169.9    24.6     2.5     0.8     4.1     3.2

XV         BASE METALS AND ARTICLES OF BASE METALS...................   5.768    161.8      162.1     2.6    -0.8    -1.8     0.1     0.2
72               Iron and steel......................................   1.463    192.2      194.2     8.3    -2.6    -1.3     0.3     1.0
73               Articles of iron or steel...........................   1.426    147.7      147.5     6.6    -0.5     0.0     0.2    -0.1
74               Copper and articles thereof.........................   0.687    248.4      238.8    -6.3     1.5    -3.3     3.4    -3.9
76               Aluminum and articles thereof.......................   0.954    137.9      139.4    -2.6     0.6    -4.4    -2.2     1.1
82               Tools, implements, cutlery, spoons and
                        forks, of base metal; parts thereof..........   0.403    115.8      115.8     3.0     0.1     0.1     0.3     0.0
83               Miscellaneous articles of base metal................   0.401    128.3      128.3     3.3     0.1     0.1     0.2     0.0

XVI        MACHINERY, ELECTRICAL EQUIPMENT, TV
                 IMAGE AND SOUND RECORDERS, PARTS, ETC...............  31.306     94.3       94.4     0.5    -0.1     0.0     0.0     0.1
84               Machinery and mechanical appliances; parts thereof..  17.977    102.9      102.9     0.6     0.0     0.0     0.1     0.0
85               Electrical machinery and equipment
                        and parts and accessories thereof............  13.329     84.9       85.1     0.5    -0.1     0.0    -0.2     0.2

XVII       VEHICLES, AIRCRAFT, VESSELS AND
                 ASSOCIATED TRANSPORT EQUIPMENT......................  13.634    114.6      114.7     2.1     0.2     0.1     0.3     0.1
87               Motor vehicles and their parts......................   8.743    106.1      106.1     1.0     0.0     0.1     0.3     0.0

XVIII      OPTICAL, PHOTO, MEASURING, MEDICAL &
                 MUSICAL INSTRUMENTS; & TIMEPIECES...................   6.147    104.6      104.9     2.2     0.4     0.0     0.7     0.3

XX         MISCELLANEOUS MANUFACTURED ARTICLES.......................   1.440    105.8      106.0     4.3     0.3    -0.1     0.5     0.2
94               Furniture; stuffed furnishings;
                        lamps and lighting fittings nesoi;...........   0.786    113.5      113.9     3.4     0.2    -0.4     0.3     0.4
95               Toys, games and sports equipment; parts
                        and accessories thereof......................   0.492     92.1       92.3     1.1     0.6     0.3     0.9     0.2


     1   Relative importance figures are based on 2005 trade values.

     NOTES:   Data may be revised in each of the three months after original publication.
              n.a.  Not available


Table  7     U.S. Import Price Indexes and Percent Changes by Locality of Origin
                  November 2006-November 2007          2000=100, unless otherwise noted
                                                                        Index                           Percent Change

                                                                                        Annual            Monthly
                                                       Percentage                        Nov.      July     Aug.     Sept.    Oct.
                        Description                        of                            2006      2007     2007     2007     2007
                                                          U.S.    October   November      to        to       to       to       to
                                                        Imports    2007       2007       Nov.      Aug.     Sept.    Oct.     Nov.
                                                           1/                            2007      2007     2007     2007     2007

 2/ Industrialized Countries............................ 44.813   121.7      124.6        7.5      -0.2      0.2      1.1      2.4
         Nonmanufactured articles.......................  4.582   209.0      229.1       33.0      -3.2      1.9      6.3      9.6
         Manufactured articles.......................... 39.766   115.0      116.6        4.6       0.3      0.0      0.4      1.4

 3/ Other Countries..................................... 55.187   122.9      126.1       13.8       0.3      0.4      1.6      2.6
         Nonmanufactured articles....................... 11.023   251.4      269.5       46.2      -0.2      2.0      4.4      7.2
         Manufactured articles.......................... 43.965   104.7      105.8        5.2       0.5     -0.1      0.6      1.1

    Canada.............................................. 17.052   137.1      143.6       12.9      -0.2     -0.1      1.6      4.7
         Nonmanufactured articles.......................  3.871   200.8      221.4       27.1      -3.6     -0.2      7.0     10.3
         Manufactured articles.......................... 12.851   125.4      129.3        8.9       0.7     -0.1      0.1      3.1

 4/ European Union...................................... 17.908   122.7      123.5        3.3      -0.2      0.4      0.3      0.7
         Nonmanufactured articles.......................  0.389   273.2      290.6       48.2      -4.3     13.4     -0.6      6.4
         Manufactured articles.......................... 17.406   120.1      120.7        2.3       0.1      0.1      0.3      0.5

    France (Dec. 2003=100)..............................  1.888   110.1      110.4        5.1       0.3      0.1      0.4      0.3

    Germany (Dec. 2003=100).............................  5.008   108.3      108.8        3.5       0.6      0.0     -0.2      0.5

    United Kingdom (Dec. 2003=100)......................  2.845   123.6      125.5        8.8      -1.3      2.1      0.2      1.5

 5/ Latin America....................................... 17.619   153.5      158.9       17.1       0.3      0.9      1.2      3.5
         Nonmanufactured articles.......................  4.822   256.5      273.3       44.1      -0.6      2.7      2.7      6.5
         Manufactured articles.......................... 12.721   132.7      135.3        6.6       0.6      0.1      0.5      2.0

    Mexico (Dec. 2003=100).............................. 10.163   132.8      135.3       14.2       0.4      2.1      1.0      1.9

 6/ Pacific Rim (Dec. 2003=100)......................... 33.452    99.5       99.6        1.2       0.2      0.3      0.1      0.1

    China (Dec. 2003=100)............................... 14.941    99.3       99.5        2.3       0.4      0.2      0.2      0.2

    Japan...............................................  8.308    94.0       93.9       -0.2       0.0      0.1      0.1     -0.1

 7/ Asian NICs..........................................  6.124    88.5       88.4       -0.7       0.0      0.1     -0.3     -0.1

 8/ ASEAN (Dec. 2003=100)...............................  5.993    97.3       98.1        0.1       0.9     -0.3     -0.3      0.8

 9/ Asia Near East (Dec. 2003=100)......................  3.765   217.4      228.9       39.7       1.0      2.1      5.1      5.3


1   Percentage of trade figures are based on 2005 trade values.
2   Includes Western Europe, Canada, Japan, Australia, New Zealand and South Africa.
3   Includes Eastern Europe, Latin America, OPEC countries, and other countries in Asia, Africa and the Western Hemisphere.
4   Includes European Union countries.
5   Includes Mexico, Central America, South America and the Caribbean.
6   Includes China, Japan, Australia, Brunei, Indonesia, Macao, Malaysia, New Zealand, Papua New Guinea, Philippines, and Asian Newly Industrialized Countries.
7   Asian Newly Industrialized Countries. Includes Hong Kong, Singapore, South Korea and Taiwan.
8   Association of Southeast Asian Nations. Includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
9   Includes Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, United Arab Emirates and Yemen.

    NOTES:  Data may be revised in each of the three months after original publication.
            Regions are not mutually exclusive.
            n.a.  Not available


Table  8     U.S. International Price Indexes and Percent Changes for Selected Transportation Services
                  November 2006-November 2007          2000=100, unless otherwise noted
                                                                         Index                         Percent Change
                                                        Relative
                                                         Import-                        Annual            Monthly
                                                          ance                           Nov.     July     Aug.     Sept.    Oct.
                        Description                                                      2006     2007     2007     2007     2007
                                                         October   October  November      to       to       to       to       to
                                                          2007      2007      2007       Nov.     Aug.     Sept.    Oct.     Nov.
                                                           1/                            2007     2007     2007     2007     2007

    AIR FREIGHT
      Import Air Freight................................ 100.000    135.3     138.2       6.4      1.3      0.1      0.8      2.1
           Europe (Dec. 2003=100).......................  28.687    137.4     142.8      13.9      2.4     -0.5      2.2      3.9
           Asia.........................................  60.582    116.6     118.5       3.5      0.9      0.6      0.3      1.6

      Export Air Freight................................ 100.000    120.7     121.1       3.9      0.5      1.3      0.8      0.3
           Europe (Dec. 2006=100).......................  39.483    104.8     105.2      n.a.      0.8      0.5      2.4      0.4

      Inbound Air Freight............................... 100.000    130.9     133.8       5.9      1.6      0.2      1.0      2.2
           Europe (Dec. 2003=100).......................  30.524    132.7     138.2      13.2      2.7     -0.5      2.2      4.1
           Asia.........................................  56.705    111.3     112.9       2.4      1.2      0.6      0.4      1.4

      Outbound Air Freight.............................. 100.000    118.1     119.9       5.0      1.1      0.7      0.9      1.5
           Europe (Dec. 2003=100).......................  41.544    132.3     135.4       5.0      0.8      0.2      0.5      2.3
           Asia.........................................  40.081    106.6     107.9       2.9      1.2     -0.2      0.9      1.2

    AIR PASSENGER FARES
      Import Air Passenger Fares........................ 100.000    132.4     128.4       5.8      0.1     -6.3     -5.6     -3.0
           Europe.......................................  43.772    132.7     122.5       7.6      0.8     -2.3    -12.7     -7.7
           Asia.........................................  23.901    116.2     115.1       5.0     -2.0    -15.5     -2.1     -0.9
           Latin America/Caribbean......................  12.965    124.0     127.3       5.9      0.7     -2.0      2.6      2.7

      Export Air Passenger Fares........................ 100.000    153.7     151.8      11.5      3.4     -3.4     -0.6     -1.2
           Europe.......................................  31.127    186.7     176.4       9.6      2.9     -7.4     -0.5     -5.5
           Asia.........................................  31.056    121.9     118.9       9.9     10.4     -4.2     -3.8     -2.5
           Latin America/Caribbean......................  20.254    168.6     171.3      10.6     -3.2      2.7      0.0      1.6

      Inbound Air Passenger Fares (Dec. 2003=100)....... 100.000    133.2     131.6      12.9      3.6     -5.6     -0.7     -1.2
           Europe (Dec. 2003=100).......................  38.815    134.5     128.8      12.1      3.1    -10.7     -0.4     -4.2
           Asia (Dec. 2003=100).........................  29.061    117.8     115.3       9.8     10.8     -3.8     -4.9     -2.1
           Latin America/Caribbean (Dec. 2003=100)......  13.121    131.4     135.4      11.2     -3.2      2.1      1.9      3.0
           Canada (Dec. 2003=100).......................   8.612    191.8     204.8      26.5      1.8      1.3      6.1      6.8

      Outbound Air Passenger Fares (Dec. 2003=100)...... 100.000    128.8     124.9       6.1      0.5     -4.8     -4.1     -3.0
           Europe (Dec. 2003=100).......................  39.606    137.0     126.1       6.2      0.8     -3.1    -11.4     -8.0
           Asia (Dec. 2003=100).........................  22.396    115.4     113.6       6.0     -0.3    -11.1     -0.9     -1.6
           Latin America/Caribbean (Dec. 2003=100)......  21.907    115.6     116.4       3.0      0.5     -0.5      1.8      0.7
           Canada (Dec. 2003=100).......................   6.922    183.4     198.3      20.9      5.3     -2.3      5.8      8.1

    CRUDE OIL TANKER FREIGHT
 2/   Inbound Crude Oil Tanker Freight.................. 100.000     n.a.      n.a.      n.a.    -11.9    -13.3     n.a.     n.a.

    OCEAN LINER FREIGHT
      Inbound Ocean Liner Freight....................... 100.000    112.4     112.4      -1.5     -0.2      0.0      0.1      0.0
           U.S. East Coast..............................  56.527    117.2     117.3      -1.2      0.1      0.0      0.1      0.1
                 From Atlantic..........................  24.433    114.6     115.0      -2.5      0.0      0.0     -0.3      0.3
                 From Pacific...........................  23.240    122.0     121.8      -0.7      0.2      0.1     -0.4     -0.2
           U.S. West Coast..............................  43.473    109.8     109.7      -1.8     -0.5      0.0      0.1     -0.1


    1   Relative importance figures are based on 2005 trade values.
    2   Publication of the Crude Oil Tanker Freight Indexes is lagged two months, as are the relative importance figures.

    NOTES:  Data may be revised in each of the three months after original publication.
            n.a.  Not available


Table  9     U.S. Export Price Indexes and Percent Changes for Travel and Tourism Services                                                                                                 
                  October 2006-October 2007          December 2006=100, unless otherwise noted
                                                           Index                           Percent Change
                                         Relative
                                          Import-                        Annual             Monthly
                                           ance                           Oct.      June      July      Aug.     Sept.
                Description                                               2006      2007      2007      2007     2007
                                         September  September October      to        to        to        to       to
                                           2007       2007      2007      Oct.      July      Aug.      Sept.    Oct.
                                            1/                            2007      2007      2007      2007     2007

   Export Travel and Tourism............. 100.000    106.3     107.5       n.a.     -1.3       0.4       2.1      1.1
        From Europe......................  39.567    106.7     108.3       n.a.     -1.3       0.5       2.0      1.5
        From Asia........................  32.125    106.0     106.6       n.a.     -1.8       0.2       2.8      0.6
        From Latin America/Caribbean.....  15.275    105.7     107.3       n.a.     -1.1       0.2       1.7      1.5
        From Canada......................   8.676    106.3     107.6       n.a.     -0.1       0.1       1.3      1.2


   1   Relative importance figures are based on 2005 trade values.

   NOTES:  Data may be revised in each of the three months after original publication.
           n.a.  Not available


Table 10     U.S. Export Price Indexes and Percent Changes for Postsecondary Education Services                                                                                                   
                  Academic Year 2001/02 to 2006/07          Academic Year 2001/02 = 100, unless otherwise noted

                                                 Relative         Index                       Annual Percent Change
                                                 Import-
                                                   ance       Academic Year                       Academic Years

                    Description                  Academic                         2001/02  2002/03    2003/04    2004/05  2005/06
                                                   Year    2005/06     2006/07       to       to         to         to       to
                                                 2005/06                          2002/03  2003/04    2004/05    2005/06  2006/07
                                                    1/

   EXPORT POSTSECONDARY EDUCATION
        Tuition & Fees and Room & Board......... 100.000    128.8       135.1        6.5      7.5        7.0        5.1      4.9
           Graduate.............................  53.006    128.5       134.6        6.4      7.4        7.0        5.1      4.7
           Undergraduate........................  46.994    129.0       135.7        6.6      7.7        6.8        5.2      5.2

           Private..............................  47.874    123.0       129.4        5.2      5.7        5.1        5.2      5.2
           Public...............................  52.126    134.2       140.5        7.8      9.2        8.6        5.0      4.7

           Tuition & Fees.......................  73.181    131.6       138.2        7.1      8.4        7.8        5.2      5.0
                Graduate Tuition & Fees.........  38.417    131.4       137.7        7.0      8.3        7.8        5.2      4.8
                Undergraduate Tuition & Fees....  34.764    131.7       138.8        7.2      8.6        7.6        5.2      5.4

                Private Tuition & Fees..........  35.497    124.3       131.2        5.6      6.1        5.3        5.4      5.6
                Public Tuition & Fees...........  37.686    138.7       145.1        8.7     10.7        9.8        5.0      4.6

           Room & Board.........................  26.819    121.5       127.1        5.0      5.1        4.9        4.9      4.6
                Graduate Room & Board...........  14.589    121.3       127.1        5.0      5.1        5.0        4.7      4.8
                Undergraduate Room & Board......  12.230    121.7       127.2        5.0      5.1        4.9        5.1      4.5

                Private Room & Board............  12.377    119.1       124.3        4.2      4.8        4.5        4.4      4.4
                Public  Room & Board............  14.440    123.6       129.5        5.7      5.5        5.2        5.4      4.8


   1   Relative importance figures are based on 2005/06 academic year trade values.
	
                                        
						TECHNICAL NOTE


Import and Export Merchandise and Services Price Indexes -- All indexes use a modified Laspeyres formula and 
are not seasonally adjusted.  Price indexes for merchandise goods are reweighted annually, with a two-year lag 
in the weights.  Published series use a base year of 2000=100 where possible.  More detailed index series and 
additional information may be obtained at http://www.bls.gov/mxp, or by calling (202) 691-7101.

Merchandise Goods Classification Systems -- The merchandise price indexes are published using three 
classification systems.  Items are classified, respectively, by end use for the Bureau of Economic Analysis 
System, industry for the North American Industry Classification System (NAICS), and product category for the 
Harmonized System (HS).  While classification by end use and product category are self-explanatory, a couple 
of notes are in order for classifying items by industry.  In the NAICS tables, for both imports and exports, 
items are classified by output industry, not input industry.  As an example, NAICS import index 326 (plastics 
and rubber products) would include outputs such as manufactured plastic rather than inputs such as petroleum.  
The NAICS classification structure also matches the classification system used by the PPI to produce the NAICS 
primary products indexes.

Import Price Indexes -- Products have been classified by the Harmonized Tariff Schedule of the United States 
Annotated (TSUSA).  Import prices are based on U.S. dollar prices paid by the U.S. importer.  The prices are 
generally either "free on board" (f.o.b.) foreign port or "cost, insurance, and freight" (c.i.f.) U.S. port 
transaction prices, depending on the practices of the individual industry.  The index for crude petroleum is 
calculated from data collected by the U.S. Department of Energy.  

Export Price Indexes -- Products have been classified by the Harmonized Schedule B classification system of 
the U.S. Bureau of the Census.  The prices used are generally either "free alongside ship" (f.a.s.) factory or 
"free on board" (f.o.b.) transaction prices, depending on the practices of the individual industry.  Prices 
used in the grain index, excluding rice, are obtained from the U.S. Department of Agriculture.

Services Price Indexes -- Price indexes for internationally traded services are presented using two 
definitions: Balance of Payments (which represent transactions between U.S. and foreign residents) and 
International (which represent transactions inbound to and outbound from the U.S.).  The Air Passenger Fares 
Indexes are calculated from data collected from a commercial airline reservation system.  These data exclude 
frequent flyer tickets and those sold by consolidators.  The Crude Oil Tanker Freight Indexes are calculated 
from data collected by the U. S. Department of Energy, and the publication of these indexes is lagged two 
months.  The Air Freight and Ocean Liner Freight Indexes are calculated from data collected directly from 
companies.  The Export Travel and Tourism Indexes are calculated from a subset of BLS Consumer Price Index 
data, and the publication of these indexes is lagged one month.  The indexes are published by the country of
residence of those traveling to the United States.  Post-secondary Education Indexes are calculated from
preliminary data collected by the U.S. Department of Education, and are calculated annually.  Export post-
secondary education refers to receipts from foreign students studying at U.S. institutions, including colleges,
universities, and technical/professional schools.  Fact sheets specifying detailed information for each 
services industry are available at http://www.bls.gov/mxp under "Publications and Other Documentation."   

Import Indexes by Locality of Origin -- Prices used in these indexes are a subset of the data collected for 
the Import Price Indexes.  Beginning with January 2002, the indexes are defined by locality of origin using a 
nomenclature based upon the North American Industry Classification System (NAICS).  Nonmanufactured goods are 
defined as NAICS 11 and 21, and manufactured goods are defined as NAICS 31-33.  

Revision Policy -- To reflect the availability of late reports and corrections by respondents, monthly data 
may be revised in each of the three months after original publication.  After three months, no further data 
revisions take place.  So, for example, data released in the January release will be subject to revision in the 
releases for February, March, and April.

Uses of the Data -- The primary use of the indexes is to deflate trade statistics, notably the foreign trade 
sector of the National Income and Product Accounts constructed by the Department of Commerce.  Other published 
indexes are useful for general market analysis.  For trade in international services, Balance of Payments indexes 
are used for deflating National Income and Product Accounts, while International indexes are more appropriate for 
market analysis.  Merchandise and services indexes also can be used to study U.S. competitiveness and price 
elasticities, and the merchandise import indexes by country or region of origin are useful for terms of trade 
analysis.

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