FOR DATA ONLY:  (202) 691-5200     USDL 01-44
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://stats.bls.gov/ppihome.htm   FEBRUARY 16, 2001
                                     
                  Producer Price Indexes -- January 2001
                                     
     The Producer Price Index for Finished Goods advanced 1.1 percent in
January, seasonally adjusted, the Bureau of Labor Statistics of the U.S.
Department of Labor reported today.  January's rise followed a 0.2-percent
increase in December 2000 and a 0.1-percent gain in November 2000.  At the
earlier stages of process, prices received by producers of intermediate
goods increased 0.7 percent, following a 0.4-percent rise in the prior
month, and the crude goods index advanced 13.9 percent, after posting an
8.5-percent increase 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                                                         
    Jan.     -0.1        0.0        0.2      -0.2          2.5         0.4       2.5
    Feb.       .9         .4        4.2        .4          4.0          .8       3.7
    Mar.       .9         .1        5.3        .1          4.3         1.0       1.8
    Apr.      -.3        1.1       -3.5         0          3.6         -.1      -1.5
     May        0         .1        -.8        .2          3.7           0       3.1
    June       .9        -.4        6.1        .1          4.4          .9       8.5
    July      -.1        -.1        -.6        .1          4.3          .2      -2.0
    Aug.      -.1        -.4       -1.2        .2          3.4         -.3      -3.6
   Sept.       .7         .2        3.4        .3          3.5          .8       7.1
    Oct.       .4         .7        1.6       -.1          3.6          .2       2.3
    Nov.       .1         .3         .8         0          3.7         -.2      -2.0
    Dec.       .2        -.4         .8        .1          3.6          .4       8.5
                                                                                 
  2001                                                                          
    Jan.      1.1         .8        3.8        .7          4.8          .7      13.9

NOTE:  Some of the percent changes shown here and elsewhere in this release may differ 
from those previously reported because seasonal adjustment factors have been recalculated 
to reflect developments during 2000.  In addition, indexes for September 2000 have been 
recalculated to incorporate late reports and corrections by respondents.  All indexes are 
subject to revision 4 months after original publication.

                                    -2-

     Among finished goods in January, prices for finished energy goods rose
3.8 percent, following a 0.8-percent gain in December.  The index for
finished consumer foods turned up 0.8 percent, after falling 0.4 percent a
month ago.  Prices for finished goods other than foods and energy rose 0.7
percent, after edging up 0.1 percent in December.  Price increases for
cigarettes and passenger cars accounted for a large part of this
acceleration.  Excluding cigarettes and passenger cars, the index for
finished goods other than foods and energy would have risen 0.3 percent.

     Before seasonal adjustment, the Producer Price Index for Finished
Goods advanced 1.1 percent to stand at 141.2 (1982=100).  From January 2000
to January 2001, prices for finished goods increased 4.8 percent.  Over the
same period, the finished energy goods index rose 21.6 percent, prices for
finished goods other than foods and energy gained 2.0 percent, and the
finished consumer foods index advanced 2.5 percent.  Prices received by
domestic producers of intermediate goods moved up 4.4 percent for the 12
months ended January 2001, and the index for crude goods registered a 46.5-
percent gain for the same period.
     
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                                                                    
   Jan.   -0.1     1.3       0.4        4.1      0.4      4.7       2.2     17.4
   Feb.     .5     3.8        .3        5.4       .3      8.9        .4     25.1
   Mar.    1.0     4.0        .4        5.9      2.6      2.3       -.5     26.9
   Apr.     .8    -2.5        .4        5.3      1.4     -4.5       -.7     22.2
    May     .9    -1.1        .1        5.0      -.9      8.8       -.7     19.0
   June      0     4.9        .1        5.5     -2.3     22.6      -1.8     29.0
   July    -.6     1.0        .2        5.2     -1.9     -2.3      -1.5     25.3
   Aug.   -2.0     -.5       -.1        4.3     -3.9     -4.1      -1.6     14.7
  Sept.     .6     4.3         0        4.6      3.8     11.7        .8     17.4
   Oct.     .6      .8         0        4.6      3.1      2.8       -.6     23.4
   Nov.     .1      .3       -.1        4.2      1.3     -4.1      -2.3     14.9
   Dec.    1.7     1.5         0        4.1      3.4     14.8        .3     31.6
                                                                              
 2001                                                                         
   Jan.    1.7     3.1        .2        4.4      2.2     25.0        .5     46.5

NOTE:  Some of the percent changes shown here and elsewhere in this release may 
differ from those previously reported because seasonal adjustment factors have 
been recalculated to reflect developments during 2000.  In addition, indexes for 
September 2000 have been recalculated to incorporate late reports and corrections 
by respondents.  All indexes are subject to revision 4 months after original 
publication.

                                    -3-
                                     
Finished goods
     
     The index for finished energy goods advanced 3.8 percent in January,
after posting a 0.8-percent rise in December.  Liquefied petroleum gas
prices jumped 15.3 percent, after inching up 0.1 percent in the prior
month.  The gasoline index turned up, following a decline a month earlier.
Prices for residential natural gas and residential electric power rose more
than in the previous month.  Conversely, the index for home heating oil
declined 3.6 percent in January, after falling 0.3 percent a month ago.
Diesel fuel prices turned down, after rising last month.
     
     The index for finished consumer foods rose 0.8 percent in January,
after falling 0.4 percent in December.  Much of this acceleration can be
traced to the index for fresh and dry vegetables, which advanced 16.2
percent, following a 26.0-percent decline a month ago.  Prices for soft
drinks increased, after showing no change last month.  The index for fresh
fruits and melons rose more than a month earlier.  Prices for bakery
products, processed fruits and vegetables, and confectionery end products
turned up, after decreasing in the previous month.  By contrast, pork
prices fell 2.6 percent in January, following a 0.4-percent gain in
December.  The index for eggs for fresh use also turned down, after
increasing in the prior month.  Prices for dairy products and for finfish
and shellfish rose less than a month ago, and the index for processed young
chickens fell more than in December.
     
     Prices for finished consumer goods other than foods and energy
advanced 0.8 percent in January, following a 0.2-percent gain in December.
The cigarette index increased 6.3 percent, after showing no change last
month.  Passenger car prices advanced more than a month earlier.  The index
for sanitary papers and health products turned up, following a decline in
the previous month.  Prices for pet food and for cosmetics and other toilet
preparations increased, after showing no change in the prior month.  By
contrast, the index for alcoholic beverages edged down 0.1 percent,
following a 1.1-percent rise in December.  Prices for floor coverings also
turned down, after advancing a month ago.  In January, price increases
slowed for light motor trucks and book publishing.
     
     The capital equipment index increased 0.3 percent in January,
following a 0.1-percent gain in December.  Passenger car prices rose 1.2
percent, after advancing 0.2 percent in the previous month.  The indexes
for x-ray and electromedical equipment, heavy motor trucks, and for tools,
dies, jigs, fixtures, and industrial molds turned up, following declines in
December.  Prices for commercial furniture and civilian aircraft increased
more than in the prior month.  Conversely, the electronic computer index
fell 5.4 percent in January, following a 2.0-percent decrease in December.
Light motor truck prices rose less than a month ago.  The indexes for
communication and related equipment and for construction machinery and
equipment declined, after showing no change in December.
     
Intermediate goods

     The Producer Price Index for Intermediate Materials, Supplies, and
Components advanced 0.7 percent, seasonally adjusted, after registering a
0.4-percent gain in December.  In January, prices for intermediate energy
goods increased more than a month earlier, and the index for nondurable
manufacturing materials turned up, following a decline in the previous
month.  By contrast, prices for durable manufacturing materials and
materials and components for construction moved down, after rising in the
prior month.  The index for intermediate foods and feeds advanced 1.7-
percent for the second consecutive month.  Excluding foods and energy,
prices for intermediate materials increased 0.2 percent, after showing no
change a month ago.  (See table B.)

                                    -4-

     The index for intermediate energy goods jumped 3.1 percent in January,
following a 1.5-percent gain in December.  Posting its largest increase
since a 4.3-percent rise in February 1980, prices for commercial electric
power moved up 3.9 percent, after advancing 0.5 percent in the previous
month.  Record increases for the commercial natural gas index (21.1
percent) and the natural gas to electric utilities index (64.4 percent)
were recorded in January, following smaller gains in December.  The indexes
for liquefied petroleum gas and industrial electric power also rose more
than a month ago.  Gasoline prices turned up, after falling in the prior
month.  On the other hand, the jet fuel index dropped 12.9 percent in
January, following a 3.0-percent rise in December.  Diesel fuel prices also
declined, after advancing a month ago.  The industrial natural gas index
increased less than last month.

     Prices for nondurable manufacturing materials rose 1.1 percent in
January, after edging down 0.1 percent in December.  The plastic resins and
materials index advanced 2.3 percent, following a 2.8-percent drop in the
previous month.  Prices for basic organic chemicals (other than primary and
intermediate basic organics), paper, and processed yarns and threads also
turned up, after falling a month earlier.  The indexes for nitrogenates and
inedible fats and oils increased more than in the prior month.  By
contrast, prices for primary basic organic chemicals rose 1.3 percent,
following a 3.2-percent gain in December.  The indexes for finished fabrics
and phosphates turned down, after advancing a month ago.  Synthetic fiber
prices declined, after showing no change a month earlier.

     The durable manufacturing materials index decreased 0.7 percent in
January, following a 0.2-percent gain in December.  Prices for steel mill
products dropped 1.7 percent (the largest decline since a 4.6-percent
decline in January 1986), after showing no change in the previous month.
The indexes for aluminum mill shapes, copper cathode and refined copper,
and copper and brass mill shapes fell, following increases a month earlier.
Prices for softwood plywood decreased more than in the prior month.  On the
other hand, the hardwood lumber index turned up 0.4 percent, after
declining 0.6 percent in December.  Prepared paint prices also rose,
following a decrease a month ago.  The index for primary aluminum (except
extrusion billet) advanced more than in the previous month.

     Prices for materials and components for construction turned down 0.3
percent in January, after edging up 0.1 percent in December.  The softwood
lumber index fell 2.9 percent, following a 0.1-percent gain a month
earlier.  Prices for fabricated structural metal products, asphalt felts
and coatings, steel wire, and switchgear also decreased, after increasing
in the prior month.  The indexes for softwood plywood and gypsum products
declined more than a month ago.  By contrast, millwork prices advanced 0.3
percent, following no change in December.  The heating equipment index rose
more than in the previous month, while prices for fabricated ferrous wire
products turned up, after falling a month earlier.

     For the second consecutive month, the intermediate foods and feeds
index increased 1.7 percent.  In January, rising prices were observed for
prepared animal feeds, fluid milk products, beef and veal, frozen ground
meat patties, confectionery materials, refined sugar, and flour.  Partly
offsetting these advances were falling prices for pork; crude vegetable
oils; natural, processed, and imitation cheese; and butter.
     
Crude Goods

     Registering the largest one-month increase in crude goods prices since
a 22.1-percent advance registered in August 1973, the Producer Price Index
for Crude Materials for Further Processing increased 13.9 percent in
January, seasonally adjusted, following an 8.5-percent gain in December.
The indexes for crude energy materials and basic industrial materials rose
more in January than in the previous month.  By contrast, prices for crude
foodstuffs and feedstuffs advanced at a slower rate than in December.  (See
table B.)

                                    -5-
     
     The index for crude energy materials advanced 25.0 percent in January,
following a 14.8-percent increase in December.  Natural gas prices jumped
46.0 percent (the largest increase on record), after rising 35.3 percent in
the previous month.  The crude petroleum index fell 10.6 percent, following
an 11.1-percent decrease a month ago.  On the other hand, coal prices
declined 3.0 percent, after a 3.0-percent gain in the prior month.
     
     The index for crude nonfood material less energy increased 0.5 percent
in January, after registering a 0.3-percent gain in December.  Prices for
iron and steel scrap advanced 8.3 percent, after rising 0.2 percent a month
earlier.  The indexes for aluminum base scrap and construction sand,
gravel, and crushed stone turned up, after falling last month.  Prices for
wastepaper decreased less than in the prior month.  The indexes for
hardwood logs and pulpwood rose more than a month ago.  By contrast, raw
cotton prices declined 8.8 percent in January, after increasing 2.5 percent
in December.  The leaf tobacco index advanced at a slower rate than in the
previous month.  Prices for gold ores and phosphates turned down, after
showing gains a month earlier.
     
     The index for crude foodstuffs and feedstuffs increased 2.2 percent in
January, after registering a 3.4-percent gain in December.  Slaughter
cattle prices moved up 2.5 percent, following a 5.5-percent rise in the
previous month.  The indexes for slaughter hogs, soybeans, and unprocessed
shellfish turned down, after advancing a month ago.  Prices for slaughter
broilers and fryers increased less than a month earlier.  By contrast, corn
prices rose 7.0 percent, after falling 0.1 percent in December.  The
indexes for fresh and dry vegetables and wheat also advanced, after
decreasing in the prior month.  Fluid milk prices increased at a faster
rate than a month earlier.

Net output price indexes for mining, manufacturing, and services industries

Mining.  The Producer Price Index for the Net Output of Total Domestic
Mining Industries rose 22.3 percent in January, following a 12.0-percent
increase in December.  (Net output price indexes are not seasonally
adjusted.)  Most of this acceleration can be traced to prices received by
the crude petroleum, natural gas, and natural gas liquids industry, which
jumped 27.9 percent, after posting a 14.9-percent gain in the prior month.
In January, the index for the oil and gas field services industry group
also rose at a faster pace than a month earlier.  Prices received by the
construction sand and gravel industry and the coal mining services industry
increased, following declines in the previous month.  The index for the
crushed and broken limestone industry advanced, after showing no change
last month.  By contrast, prices received by the bituminous coal and
lignite industry turned down 1.6 percent, following a 2.1-percent rise in
December.  The index for the gold ores industry also fell, after increasing
a month ago.  Prices paid to kaolin and ball clay producers rose less than
a month earlier.  In January, the Producer Price Index for the Net Output
of Total Domestic Mining Industries stood at 170.8 (December 1984=100),
90.8 percent above its year-ago level.

Manufacturing.  The Producer Price Index for the Net Output of Total
Domestic Manufacturing Industries increased 0.2 percent in January, after
declining 0.4 percent in December.  Rising prices paid to the tobacco
manufactures, chemical and allied products, food and kindred products, and
printing and publishing industry groups outweighed falling prices paid to
the petroleum refining, lumber and wood products, primary metals, and
apparel industry groups.  In January, the Producer Price Index for the Net
Output of Total Domestic Manufacturing Industries stood at 134.7 (December
1984=100), 3.0 percent above its year-ago level.

Services.  Among service industries in January, price increases were
registered for offices of physicians, real estate agents and managers,
legal services, hotels and motels, and the Unites States Postal Service.
On the other hand, falling prices were observed for operators and lessors
of nonresidential buildings; telephone communications, except
radiotelephone; wireless telecommunications; and truck rental and leasing.

                                    -6-
                                     
                                   *****
            Producer Price Index data for February 2001 will be
         released on Friday, March 16, 2001 at 8:30 a.m. (E.S.T.)
                                     

               Recalculation of Seasonal Adjustment Factors

     Effective with this release, seasonal adjustment factors have been
recalculated to reflect 2000 price-movement patterns for stage-of-
processing (SOP) and commodity groupings.  This routine annual
recalculation may affect seasonally adjusted indexes and percent changes
from January 1996 to the present.  Revised seasonally adjusted data for
this period, as well as seasonal factors for commodity indexes to be used
through December 2001, are available on request from BLS.  The table below
shows 2000 monthly seasonally adjusted percent changes for the three major
SOP categories calculated with the old seasonal factors, compared with the
percent changes for recalculated indexes.  The latter incorporate new
seasonal factors that reflect 2000 price movement patterns.
     
Over-the-month percent changes in major stage-of-processing indexes,
seasonally adjusted, using former and recalculated seasonal factors for
2000

            Finished Goods       Intermediate Goods         Crude Goods
  Month  Former  Recalculated   Former  Recalculated    Former
Recalculated
January    0.1       -0.1         0.5       0.4           2.6         2.5
February   1.1         .9          .9        .8           3.9         3.7
March       .7         .9          .9       1.0           2.2         1.8
April      -.4        -.3         -.1       -.1          -1.5        -1.5
May         .1          0         -.1         0           3.0         3.1
June        .9         .9          .9        .9           8.4         8.5
July        .1        -.1          .4        .2          -2.4        -2.0
August     -.4        -.1         -.4       -.3          -3.7        -3.6
September   .8         .7          .7        .8           6.1         7.1
October     .4         .4          .2        .2           3.4         2.3
November    .1         .1         -.2       -.2          -2.0        -2.0
December     0         .2          .2        .4           8.7         8.5



              Improved Quality Adjustment for Microprocessors

     Effective with this release, the Bureau of Labor Statistics
implemented a new quality valuation methodology for microprocessors
designed and sold for computer applications.  This new quality adjustment
methodology views changes in the processing power of microprocessors as
changes in quality and permits the explicit estimation of their value.  The
new approach replaced old procedures which were generally limited to
considering price differences between a new microprocessor and its
predecessor as a measure of the value of the quality difference between the
two.

For additional information, see the October 2000 issue of the PPI Detailed
Report, or contact the Section of Index Analysis and Public Information at
(ppi-info@BLS.gov) or (202) 691-7705.











                                    -7-

                         Resampling of Industries

     Effective with this release, the Producer Price Index (PPI) includes
data for 41 resampled industries.  The Bureau of Labor Statistics
periodically updates the sample of producers providing data for the PPI to
reflect current conditions more accurately when the structure, membership,
technology, or product mix of an industry shifts significantly.  The first
results of this systematic process were published in July 1986.  Subsequent
efforts have been completed at 6-month intervals.  For information on
specific additions, deletions, and recodes of indexes that are effective
this month, see the January 2001 issue of the PPI Detailed Report or
contact the Section of Index Analysis and Public Information at (202) 691-
7705.

     Also with the January data release, 17 retail trade industries and 1
financial services industry were introduced into the PPI for the first
time.  The introduction of these industries is part of an ongoing effort to
expand PPI coverage to sectors of the economy other than mining and
manufacturing.  Indexes for these industries appear in table 5 of the PPI
Detailed Report.
     
Standard
Industrial
Classification
(SIC) Code               Industry
1099      Metal ores, not elsewhere classified
1429      Crushed and broken stone, not elsewhere classified
2015      Poultry and egg processing
2032      Canned specialties
2035      Pickled fruits and vegetables, vegetable sauces and seasonings,
             and salad dressings
2043      Cereal breakfast foods
2068      Salted and roasted nuts and seeds
2086      Bottled and canned soft drinks and carbonated waters
2087      Flavoring extracts and flavoring syrups, not elsewhere classified
2095      Coffee
2281      Spun yarn
2282      Texturing, throwing, and winding mill products:  cotton, manmade
             fibers, silk, and wool
2284      Thread mills
2842      Specialty cleaning, polishing, and sanitation preparations
3291      Abrasive products
3299      Nonmetallic mineral products, not elsewhere classified
3421      Cutlery
3441      Fabricated structural metal
3449      Miscellaneous structural metal work
3519      Internal combustion engines, not elsewhere classified
3545      Machine tool accessories
3548      Gas and electric welding and soldering equipment
3569      General industrial machinery, not elsewhere classified
3599      Machinery, except electrical, not elsewhere classified
3635      Household vacuum cleaners
3639      Household appliances, not elsewhere classified
3661      Telephone and telegraph apparatus
3699      Electronic and electrical equipment and supplies, not elsewhere
             classified
3713      Truck and bus bodies
3799      Transportation equipment, not elsewhere classified
3825      Electrical measuring and integrating instruments
3914      Silverware, plated ware, and stainless steel ware
3991      Brooms and brushes
4215      Courier services, except by air
4225      General warehousing and storage
4311      Unites States Postal Service
4522      Air transportation, nonscheduled
5912*     Drug stores and proprietary stores
5921*     Liquor stores

                                    -8-

5941*     Sporting goods stores
5942*     Book stores
5943*     Stationery stores
5944*     Jewelry stores
5945*     Hobby, toy, and game shops
5946*     Camera and photographic supply stores
5947*     Gift, novelty, and souvenir shops
5948*     Luggage and leather goods stores
5949*     Sewing, needlework, and piece goods stores
5961*     Catalog and mail-order houses
5962*     Automatic merchandising machine operators
598*      Fuel dealers
5992*     Florists
5995*     Optical goods stores
5999*     Miscellaneous retail stores, not elsewhere classified
6211*     Security brokers, dealers, and investment banking companies
8062      General medical and surgical hospitals
8063      Psychiatric hospitals
8069      Specialty hospitals, except psychiatric
8082      Home health care services

*  For further discussion of the new retail trade and financial services
indexes, see "New Retail Trade Industries in the PPI-SIC 59" and "New
Producer Price Index for Security Brokers, Dealers, and Investment Banking
Companies-SIC 6211" in the January 2001 issue of the PPI Detailed Report or
call the Section of Index Analysis and Public Information at (202) 691-
7705.

                                     
Table 1.  Producer price indexes and percent changes by stage of processing                                                          
(1982=100)                                                                                                                           
_______________________________________________________________________________________________________________________________ 
                                                 |          |                       |Unadjusted     |                                
                                                 |          |                       |  percent      |Seasonally adjusted             
                                                 | Relative |    Unadjusted index   |change to      |percent change from:            
                    Grouping                     |importance|                       |Jan. 2001 from:|                                
                                                 |          |_______________________|_______________|__________________________ 
                                                 |   Dec.   |       |       |       |       |       |       |         |             
                                                 |           Sept.  |Dec.   |Jan.   |  Jan. | Dec.  |Oct. to|Nov.  to |Dec.  to      
                                                 |   2000 1/|2000 2/|2000 2/|2001 2/|  2000 | 2000  |  Nov. |   Dec.  |  Jan.        
_________________________________________________|__________|_______|_______|_______|_______|_______|_______|_________|________  
                                                 |                                                                                   
Finished goods...................................|  100.000   139.4   139.7   141.2     4.8    1.1      0.1      0.2     1.1         
  Finished consumer goods........................|   76.120   140.1   140.1   141.9     6.0    1.3       .2       .2     1.4         
    Finished consumer foods......................|   22.499   137.4   137.9   138.4     2.5     .4       .3      -.4      .8         
      Crude......................................|    1.542   125.3   124.7   130.5    10.7    4.7       .9     -8.7     7.3         
      Processed..................................|   20.957   138.3   138.9   139.0     1.9     .1       .2       .4      .3         
    Finished consumer goods, excluding foods.....|   53.620   141.1   140.8   143.3     7.5    1.8       .2       .4     1.8         
      Nondurable goods less foods................|   38.181   143.0   141.5   144.9    10.3    2.4       .3       .4     2.3         
      Durable goods..............................|   15.440   132.5   135.3   135.2      .8    -.1       .1       .3      .2         
  Capital equipment..............................|   23.880   138.6   139.9   140.2     1.3     .2      0         .1      .3         
    Manufacturing industries.....................|    6.280   139.6   139.9   140.3      .9     .3       .1      0        .2         
    Nonmanufacturing industries..................|   17.600   138.1   139.8   140.1     1.4     .2      0         .1      .4         
                                                 |                                                                                   
Intermediate materials, supplies, and components.|  100.000   131.1   130.6   131.5     4.4     .7      -.2       .4      .7         
  Materials and components for manufacturing.....|   45.394   128.5   128.1   128.6     1.7     .4      -.2      0        .4         
    Materials for food manufacturing.............|    3.220   119.0   119.8   120.4     2.4     .5      -.2       .8      .8         
    Materials for nondurable manufacturing.......|   15.694   133.6   133.5   135.0     5.0    1.1      0        -.1     1.1         
    Materials for durable manufacturing..........|    9.899   129.3   128.0   127.2    -1.1    -.6     -1.1       .2     -.7         
    Components for manufacturing.................|   16.581   126.4   126.1   126.4      .4     .2      0        -.1      .1         
  Materials and components for construction......|   13.213   150.3   149.9   149.6     -.5    -.2      -.2       .1     -.3         
  Processed fuels and lubricants.................|   15.680   110.5   108.3   111.4    21.7    2.9       .4      1.5     3.2         
    Manufacturing industries ....................|    5.584   107.1   107.7   111.0    20.3    3.1      -.3      2.7     3.1         
    Nonmanufacturing industries..................|   10.096   111.9   108.2   111.2    22.6    2.8       .6       .8     3.3         
  Containers.....................................|    3.971   153.3   153.0   153.0     3.9    0        -.1      -.1     0           
  Supplies.......................................|   21.742   137.4   138.1   138.9     2.7     .6      0         .4      .6         
    Manufacturing industries.....................|    5.000   144.4   144.7   145.0     2.3     .2       .1       .1      .3         
    Nonmanufacturing industries..................|   16.742   134.5   135.3   136.2     2.9     .7      0         .4      .6         
      Feeds......................................|    1.226    93.4    99.3   102.9    13.7    3.6       .7      4.3     3.6         
      Other supplies.............................|   15.517   139.5   139.7   140.3     2.1     .4      -.1       .1      .4         
                                                 |                                                                                   
Crude materials for further processing...........|  100.000   126.0   136.2   155.0    46.5   13.8     -2.0      8.5    13.9         
  Foodstuffs and feedstuffs......................|   31.781    97.6   103.9   105.3     9.1    1.3      1.3      3.4     2.2         
  Nonfood materials..............................|   68.219   141.0   153.5   183.5    69.4   19.5     -3.6     11.1    19.4         
    Nonfood materials except fuel 3/.............|   30.839   125.0   116.0   110.4    -1.0   -4.8      2.3     -5.6    -5.0         
      Manufacturing 3/...........................|   29.876   115.4   106.9   101.6     -.6   -5.0      2.4     -5.8    -5.1         
      Construction...............................|    0.963   185.3   182.7   183.4   -10.0     .4      -.6      -.3      .3         
    Crude fuel 4/................................|   37.380   151.7   192.6   269.0   181.7   39.7     -9.7     30.2    39.7         
      Manufacturing industries...................|    3.190   152.4   193.7   273.3   188.9   41.1     -9.7     30.2    41.1         
      Nonmanufacturing industries................|   34.190   154.4   195.9   273.3   181.2   39.5     -9.7     30.3    39.5         
                                                 |                                                                                   
               Special groupings                 |                                                                                   
                                                 |                                                                                   
Finished goods, excluding foods..................|5/ 77.501   139.9   140.1   141.9     5.5    1.3       .2       .3     1.3         
Intermediate materials less foods and feeds......|6/ 95.554   132.2   131.5   132.4     4.4     .7      -.1       .2      .8         
Intermediate foods and feeds.....................|6/  4.446   111.1   113.5   115.1     5.3    1.4       .1      1.7     1.7         
Crude materials less agricultural products 3/ 7/.|8/ 66.283   142.7   155.5   186.9    71.6   20.2     -3.8     11.3    20.1         
                                                 |                                                                                   
Finished energy goods............................|5/ 15.572   100.6    97.9   101.9    21.6    4.1       .8       .8     3.8         
Finished goods less energy.......................|5/ 84.428   144.8   145.9   146.7     2.2     .5       .1      0        .7         
Finished consumer goods less energy..............|5/ 60.548   147.5   148.5   149.4     2.5     .6       .1      0        .8         
                                                 |                                                                                   
Finished goods less foods and energy.............|5/ 61.929   147.8   149.1   150.0     2.0     .6      0         .1      .7         
Finished consumer goods less foods and energy....|5/ 38.049   154.0   155.3   156.5     2.4     .8      0         .2      .8         
Consumer nondurable goods less foods and energy..|5/ 22.609   170.9   171.0   173.2     3.5    1.3      -.1       .1     1.2         
                                                 |                                                                                   
Intermediate energy goods........................|6/ 15.800   110.1   107.9   110.9    21.6    2.8       .3      1.5     3.1         
Intermediate materials less energy...............|6/ 84.200   135.4   135.3   135.8     1.7     .4      -.2       .1      .3         
Intermediate materials less foods and energy.....|6/ 79.754   137.0   136.8   137.1     1.5     .2      -.1      0        .2         
                                                 |                                                                                   
Crude energy materials 3/........................|8/ 52.860   136.7   154.7   193.4   110.2   25.0     -4.1     14.8    25.0         
Crude materials less energy......................|8/ 47.141   109.2   112.4   113.7     3.2    1.2       .1      2.3     1.7         
Crude nonfood materials less energy 4/...........|8/ 15.359   142.9   137.5   138.7    -7.4     .9     -2.3       .3      .5         
                                                 |                                                                                   
_______________________________________________________________________________________________________________________________ 
                                                                                                                                     
  1/  Comprehensive relative importance figures are initially computed          3/  Includes crude petroleum.                        
      after the publication of December indexes and are recalculated            4/  Excludes crude petroleum.                        
      after final December indexes are available.  The first-published          5/  Percent of total finished goods.                 
      and final December relative importances initially appear,                 6/  Percent of total intermediate materials.         
      respectively, in the release tables containing January and May data.      7/  Formerly titled "Crude materials for             
  2/  The indexes for September 2000 have been recalculated to incorporate          further processing, excluding crude              
      late reports and corrections by respondents.  All indexes                     foodstuffs and feedstuffs, plant and             
      are subject to revision 4 months after original publication.                  animal fibers, oilseeds, and leaf tobacco."      
                                                                                8/  Percent of total crude materials.                
Table 2.  Producer price indexes and percent changes for selected commodity groupings by stage of processing                         
(1982=100 unless otherwise indicated)                                                                                                
____________________________________________________________________________________________________________________________________ 
           |                                                       |                       |Unadjusted     |                         
           |                                                       |                       | percent       |Seasonally adjusted      
           |                                                       |   Unadjusted index    |change to      |percent change from:     
 Commodity |                                                       |                       |Jan. 2001 from:|                         
   code    |                      Grouping                         |_______________________|_______________|________________________ 
           |                                                       |       |       |       |       |       |       |       |         
           |                                                       |Sept.  |Dec.   |Jan.   | Jan.  | Dec.  |Oct. to|Nov. to|Dec. to  
           |                                                       |2000 1/|2000 1/|2001 1/| 2000  | 2000  |  Nov. |  Dec. |  Jan.   
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 
           |                                                       |                                                                 
           |FINISHED GOODS.........................................| 139.4   139.7   141.2     4.8    1.1      0.1     0.2     1.1   
           | FINISHED CONSUMER GOODS...............................| 140.1   140.1   141.9     6.0    1.3       .2      .2     1.4   
           |  FINISHED CONSUMER FOODS..............................| 137.4   137.9   138.4     2.5     .4       .3     -.4      .8   
           |                                                       |                                                                 
01-11      |   Fresh fruits and melons 2/..........................|  92.3    92.5    96.5     3.2    4.3     -3.3     2.0     4.3   
01-13      |   Fresh and dry vegetables 2/.........................| 138.0   110.8   128.8    11.7   16.2      4.0   -26.0    16.2   
01-71-07   |   Eggs for fresh use (Dec. 1991=100)..................|  77.7   109.3    95.7    18.0  -12.4     -3.1     6.6    -3.2   
02-11      |   Bakery products 2/..................................| 183.2   184.6   185.0     2.8     .2       .5     -.2      .2   
02-13      |   Milled rice 2/......................................| 101.2    95.0    94.5   -10.3    -.5      1.2     -.1     -.5   
02-14-02   |   Pasta products (June 1985=100) 2/...................| 121.5   121.5   121.7     -.1     .2      0       0        .2   
02-21-01   |   Beef and veal.......................................| 110.0   118.9   121.9    13.6    2.5       .8     3.5     3.4   
02-21-04   |   Pork................................................| 110.1   109.1   104.9    -1.0   -3.8      1.7      .4    -2.6   
02-22-03   |   Processed young chickens............................| 116.1   110.5   106.3    -1.8   -3.8       .2    -1.2    -2.4   
02-22-06   |   Processed turkeys...................................| 102.2   102.6    92.8    -2.9   -9.6      -.4     -.9    -2.9   
02-23      |   Finfish and shellfish...............................| 190.3   192.5   193.1    -1.5     .3     -2.3     1.3      .2   
02-3       |   Dairy products......................................| 135.6   136.8   136.8     4.1    0        1.3     2.0     1.6   
02-4       |   Processed fruits and vegetables 2/..................| 128.1   127.4   127.6    -1.2     .2      -.4     -.2      .2   
02-55      |   Confectionery end products 2/.......................| 170.6   170.5   170.6      .2     .1      -.2     -.3      .1   
02-62      |   Soft drinks.........................................| 144.2   144.3   146.6     3.5    1.6       .5     0        .6   
02-63-01   |   Roasted coffee 2/...................................| 130.3   126.3   126.2    -9.4    -.1     -3.2     0       -.1   
02-78      |   Shortening and cooking oils 2/......................| 131.8   132.4   129.6    -2.5   -2.1      1.8     -.5    -2.1   
           |                                                       |                                                                 
           |  FINISHED CONSUMER GOODS EXCLUDING FOODS..............| 141.1   140.8   143.3     7.5    1.8       .2      .4     1.8   
           |                                                       |                                                                 
02-61      |   Alcoholic beverages.................................| 142.1   143.5   143.4     4.4    -.1      -.6     1.1     -.1   
03-81-01   |   Women's apparel 2/..................................| 124.8   123.4   123.3    -1.0    -.1      -.4      .1     -.1   
03-81-02   |   Men's and boys' apparel.............................| 133.2   133.2   133.2      .2    0         .2     -.1     -.2   
03-81-03   |   Girls', children's, and infants' apparel 2/.........| 116.8   118.4   116.6     -.5   -1.5      1.5     0      -1.5   
03-82      |   Textile housefurnishings 2/.........................| 121.8   121.3   121.5     -.2     .2       .2     0        .2   
04-3       |   Footwear 2/.........................................| 145.1   145.5   144.9      .1    -.4      0        .3     -.4   
05-41      |   Residential electric power (Dec. 1990=100)..........| 115.6   110.7   112.1     4.8    1.3      -.6     1.3     1.4   
05-51      |   Residential gas (Dec. 1990=100).....................| 143.9   167.0   185.7    57.0   11.2       .7     6.5    11.3   
05-71      |   Gasoline............................................| 104.2    89.6    92.9    21.8    3.7      3.2    -2.6     1.6   
05-73-02-01|   Fuel oil No. 2......................................| 110.8   102.9    96.6    28.5   -6.1     -3.0     -.3    -3.6   
06-35      |   Pharmaceutical preps, ethical (Prescription) 2/.....| 346.6   348.7   350.5     2.8     .5     -1.6      .6      .5   
06-36      |   Pharmaceutical preps,proprietary (Over-counter) 2/..| 188.3   187.0   186.6     -.2    -.2      0       -.1     -.2   
06-71      |   Soaps and synthetic detergents 2/...................| 129.3   130.2   130.6     2.7     .3      -.3      .2      .3   
06-75      |   Cosmetics and other toilet preparations 2/..........| 138.4   138.5   138.9     1.8     .3       .9     0        .3   
07-12      |   Tires, tubes, tread, etc 2/.........................|  92.9    93.3    93.1     -.1    -.2       .4     -.1     -.2   
09-15-01   |   Sanitary papers and health products 2/..............| 147.9   145.4   148.0     2.9    1.8     -1.2     -.7     1.8   
09-31-01   |   Newspaper circulation 2/............................| 209.3   215.1   214.5     3.5    -.3      2.9      .1     -.3   
09-32-01   |   Periodical circulation..............................| 198.4   199.4   199.3      .8    -.1      -.1      .3     -.5   
09-33      |   Book publishing.....................................| 217.6   222.6   223.0     3.9     .2       .1     1.2      .6   
12-1       |   Household furniture 2/..............................| 153.1   153.8   154.0     1.7     .1       .1      .1      .1   
12-3       |   Floor coverings 2/..................................| 129.4   132.7   131.6     3.5    -.8       .5     1.8     -.8   
12-4       |   Household appliances ...............................| 106.3   106.7   106.4    -1.6    -.3      -.3     0       -.3   
12-5       |   Home electronic equipment 2/........................|  71.2    71.3    71.1    -2.2    -.3       .1     0       -.3   
12-62      |   Household glassware.................................| 165.8   167.8   168.8     2.7     .6       .3      .2      .6   
12-64      |   Household flatware 2/...............................| 144.8   148.8   148.8     6.3    0        2.2      .5     0     
12-66      |   Lawn and garden equip., ex. tractors 2/.............| 132.4   131.6   132.5      .2     .7      -.5     -.1      .7   
14-11-01   |   Passenger cars......................................| 128.9   134.9   135.4      .4     .4      0        .2     1.2   
15-11      |   Toys, games, and children's vehicles 2/.............| 122.0   122.1   122.2      .6     .1      -.1     0        .1   
15-12      |   Sporting and athletic goods 2/......................| 125.9   125.2   125.3     -.6     .1      -.4     -.2      .1   
15-2       |   Tobacco products 2/.................................| 402.9   404.2   426.7    12.7    5.6      0        .1     5.6   
15-5       |   Mobile homes 2/.....................................| 162.0   162.1   162.2     1.2     .1       .1     -.1      .1   
15-94-02   |   Jewelry, platinum, & karat gold 2/..................| 127.2   127.5   127.2      .4    -.2       .1      .2     -.2   
15-94-04   |   Costume jewelry and novelties 2/....................| 142.3   142.3   142.3     1.4    0         .2     0       0     
           |                                                       |                                                                 
           | CAPITAL EQUIPMENT.....................................| 138.6   139.9   140.2     1.3     .2      0        .1      .3   
           |                                                       |                                                                 
11-1       |   Agricultural machinery and equipment 2/.............| 154.0   153.4   153.3      .3    -.1       .1      .2     -.1   
11-2       |   Construction machinery and equipment................| 148.9   148.9   149.1      .6     .1       .1     0       -.4   
11-37      |   Metal cutting machine tools 2/......................| 162.1   162.3   162.4      .6     .1      -.1     0        .1   
11-38      |   Metal forming machine tools 2/......................| 163.0   162.7   162.2     1.3    -.3      0       -.2     -.3   
11-39      |   Tools, dies, jigs, fixtures, and ind. molds 2/......| 140.9   141.2   141.9      .9     .5       .1     -.1      .5   
11-41      |   Pumps, compressors, and equipment...................| 154.8   154.9   155.9     2.0     .6       .1      .1      .3   
11-44      |   Industrial material handling equipment 2/...........| 135.3   135.5   136.2     2.1     .5       .1      .1      .5   
11-51      |   Electronic computers (Dec. 1998=100) 2/.............|  70.6    68.7    65.0   -16.2   -5.4      -.3    -2.0    -5.4   
11-62      |   Textile machinery 2/................................| 156.5   157.2   157.0     1.4    -.1       .1      .4     -.1   
11-64      |   Paper industries machinery (June 1982=100)..........| 164.8   164.8   164.9      .9     .1      -.1     0       -.1   
11-65      |   Printing trades machinery 2/........................| 142.8   143.8   143.6     1.6    -.1      0        .4     -.1   
11-74      |   Transformers and power regulators 2/................| 135.9   134.6   135.4      .5     .6     -1.2      .1      .6   
11-76      |   Communication & related equip. (Dec. 1985=100) 2/...| 110.5   110.5   110.4     -.9    -.1      -.1     0       -.1   
11-79-05   |   X-ray and electromedical equipment 2/...............| 101.0   100.0   100.3    -2.5     .3      -.9    -1.4      .3   
11-91      |   Oil field and gas field machinery ..................| 128.1   129.8   129.7     2.2    -.1      -.1      .2     -.4   
11-92      |   Mining machinery and equipment 2/...................| 146.5   146.7   147.4     1.5     .5      0        .1      .5   
11-93      |   Office and store machines and equipment 2/..........| 113.6   113.7   113.6     1.0    -.1      -.4      .3     -.1   
12-2       |   Commercial furniture 2/.............................| 158.7   158.8   159.5     1.3     .4       .1      .1      .4   
14-11-05   |   Light motor trucks..................................| 153.9   161.0   160.3     1.8    -.4       .1      .6      .3   
14-11-06   |   Heavy motor trucks 2/...............................| 148.2   148.5   149.3     1.2     .5      -.1     -.1      .5   
14-14      |   Truck trailers 2/...................................| 140.6   139.5   139.5      .9    0         .1     -.8     0     
14-21-02   |   Civilian aircraft (Dec. 1985=100)...................| 161.9   164.3   165.4     6.8     .7       .2      .5      .6   
14-31      |   Ships (Dec. 1985=100) 2/............................| 146.5   146.5   148.5     1.9    1.4      0       0       1.4   
14-4       |   Railroad equipment 2/...............................| 135.9   135.8   135.8      .4    0        -.1     0       0     
           |                                                       |                                                                 
           |INTERMEDIATE MATERIALS, SUPPLIES, AND COMPONENTS.......| 131.1   130.6   131.5     4.4     .7      -.2      .4      .7   
           |                                                       |                                                                 
           | INTERMEDIATE FOODS AND FEEDS..........................| 111.1   113.5   115.1     5.3    1.4       .1     1.7     1.7   
           |                                                       |                                                                 
02-12-03   |   Flour 2/............................................| 103.6   106.1   107.5     5.0    1.3     -1.3    -1.0     1.3   
02-53      |   Refined sugar 2/....................................| 108.7   106.0   107.7    -8.1    1.6      1.0     0       1.6   
02-54      |   Confectionery materials.............................|  93.9    93.5   101.3     6.4    8.3      -.3      .1     8.1   
02-72      |   Crude vegetable oils 2/.............................|  70.0    63.8    61.1   -20.4   -4.2     -8.1    -3.2    -4.2   
02-9       |   Prepared animal feeds 2/............................| 102.0   107.1   110.3    11.2    3.0       .5     3.5     3.0   
           |                                                       |                                                                 
           | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS...........| 132.2   131.5   132.4     4.4     .7      -.1      .2      .8   
           |                                                       |                                                                 
03-1       |   Synthetic fibers 2/.................................| 108.3   110.5   109.2     5.7   -1.2      2.0     0      -1.2   
03-2       |   Processed yarns and threads 2/......................| 107.7   107.8   108.5      .5     .6       .3     -.3      .6   
03-3       |   Gray fabrics 2/.....................................| 113.1   115.0   115.3     2.1     .3      1.5      .2      .3   
03-4       |   Finished fabrics....................................| 123.0   122.8   121.8     -.2    -.8       .2      .2     -.8   
03-83-03   |   Industrial textile products 2/......................| 131.5   131.4   131.8     1.5     .3      -.1     -.3      .3   
04-2       |   Leather 2/..........................................| 184.8   187.7   191.7     7.0    2.1      -.1     1.7     2.1   
05-32      |   Liquefied petroleum gas 2/..........................| 131.4   150.5   173.5    71.6   15.3      2.9      .1    15.3   
____________________________________________________________________________________________________________________________________ 
See footnotes at end of table.
                                                                                                       
Table 2.  Producer price indexes and percent changes for selected commodity groupings by stage of processing - Continued             
(1982=100 unless otherwise indicated)                                                                                                
____________________________________________________________________________________________________________________________________ 
           |                                                       |                       |Unadjusted     |                         
           |                                                       |                       | percent       |Seasonally adjusted      
           |                                                       |   Unadjusted index    |change to      |percent change from:     
 Commodity |                                                       |                       |Jan. 2001 from:|                         
   code    |                      Grouping                         |_______________________|_______________|________________________ 
           |                                                       |       |       |       |       |       |       |       |         
           |                                                       |Sept.  |Dec.   |Jan.   | Jan.  | Dec.  |Oct. to|Nov. to|Dec. to  
           |                                                       |2000 1/|2000 1/|2001 1/| 2000  | 2000  |  Nov. |  Dec. |  Jan.   
___________|_______________________________________________________|_______|_______|_______|_______|_______|_______|_______|________ 
           |                                                       |                                                                 
           | INTERMEDIATE MATERIALS LESS FOODS AND FEEDS           |                                                                 
           |   -Continued..........................................|                                                                 
05-42      |   Commercial electric power...........................| 139.6   131.3   135.5     7.8    3.2      0.2     0.5     3.9   
05-43      |   Industrial electric power...........................| 137.8   132.6   136.9     8.0    3.2       .2     1.3     3.1   
05-52      |   Commercial natural gas (Dec. 1990=100)..............| 144.6   170.6   203.1    76.0   19.1       .6     5.4    21.1   
05-53      |   Industrial natural gas (Dec. 1990=100)..............| 148.2   223.8   242.4   116.4    8.3     -4.2    31.5    10.3   
05-54      |   Natural gas to electric utilities (Dec. 1990=100)...| 125.0   180.7   293.2   192.9   62.3     -2.5    24.6    64.4   
05-72-03   |   Jet fuels...........................................| 103.7   103.1    88.3    15.9  -14.4     -1.2     3.0   -12.9   
05-73-03   |   No. 2 Diesel fuel...................................| 110.8   104.7    96.6    26.9   -7.7       .8     1.0    -5.4   
05-74      |   Residual fuel 2/....................................|  89.3    88.9    85.2    17.2   -4.2     -3.3    -7.0    -4.2   
06-1       |   Industrial chemicals 2/.............................| 130.4   130.2   132.9     6.7    2.1      -.6      .5     2.1   
06-21      |   Prepared paint......................................| 160.8   161.6   162.2     1.4     .4       .3     -.3      .1   
06-22      |   Paint materials 2/..................................| 149.3   150.1   151.7     5.4    1.1      1.2      .8     1.1   
06-31      |   Medicinal and botanical chemicals 2/................| 145.8   145.8   144.3    -1.9   -1.0      0       0      -1.0   
06-4       |   Fats and oils, inedible 2/..........................|  63.9    67.4    78.6    -9.9   16.6     -2.9     6.3    16.6   
06-51      |   Mixed fertilizers...................................| 112.7   113.4   116.1     3.8    2.4       .4      .7     1.6   
06-52-01   |   Nitrogenates........................................| 125.3   141.2   176.9    73.9   25.3      2.6     4.7    24.1   
06-52-02   |   Phosphates 2/.......................................|  95.2    96.7    95.1    -8.5   -1.7     -1.0     1.5    -1.7   
06-53      |   Other agricultural chemicals 2/.....................| 146.7   146.3   153.3     5.9    4.8     -1.2     1.0     4.8   
06-6       |   Plastic resins and materials 2/.....................| 142.4   136.4   139.5     4.7    2.3     -1.2    -2.8     2.3   
07-11-02   |   Synthetic rubber 2/.................................| 122.6   123.8   122.6     5.5   -1.0      1.1     1.0    -1.0   
07-21      |   Plastic construction products ......................| 136.8   134.5   134.0     1.3    -.4      -.1     0       0     
07-22      |   Unsupported plastic film, sheet, & other shapes 2/..| 131.5   131.1   132.5     1.5    1.1      -.5      .2     1.1   
07-26      |   Plastic parts and components for manufacturing 2/...| 117.9   117.8   118.7     1.5     .8      0        .1      .8   
08-11      |   Softwood lumber 2/..................................| 167.5   165.2   160.4   -17.7   -2.9     -1.4      .1    -2.9   
08-12      |   Hardwood lumber ....................................| 186.8   185.8   186.8     2.1     .5      -.3     -.6      .4   
08-2       |   Millwork 2/.........................................| 176.2   176.2   176.7      .5     .3      -.1     0        .3   
08-3       |   Plywood 2/..........................................| 156.4   151.0   146.8    -9.4   -2.8     -3.4    -1.0    -2.8   
09-11      |   Woodpulp 2/.........................................| 150.2   149.9   144.8     5.5   -3.4      1.7    -2.4    -3.4   
09-13      |   Paper 2/............................................| 150.9   151.4   152.0     4.0     .4       .1     -.5      .4   
09-14      |   Paperboard 2/.......................................| 180.9   179.4   179.3     9.9    -.1       .3     -.4     -.1   
09-15-03   |   Paper boxes and containers 2/.......................| 175.2   175.6   175.3     5.9    -.2      -.1     -.1     -.2   
09-2       |   Building paper and board 2/.........................| 132.3   129.5   126.7   -11.2   -2.2      -.2    -1.3    -2.2   
09-37      |   Commercial printing (June 1982=100) 2/..............| 156.4   157.0   157.0     2.7    0         .2     0       0     
10-15      |   Foundry and forge shop products.....................| 136.4   136.7   137.1     1.0     .3      0       -.1     0     
10-17      |   Steel mill products 2/..............................| 108.6   106.6   104.8    -2.3   -1.7     -1.6     0      -1.7   
10-22      |   Primary nonferrous metals 2/........................| 117.3   113.7   113.2    -1.7    -.4     -4.8     2.6     -.4   
10-25-01   |   Aluminum mill shapes 2/.............................| 150.5   151.1   149.8     3.5    -.9     -1.1     1.3     -.9   
10-25-02   |   Copper and brass mill shapes 2/.....................| 165.5   166.8   164.3     1.3   -1.5     -2.5     1.5    -1.5   
10-26      |   Nonferrous wire and cable 2/........................| 145.1   145.7   144.8     3.2    -.6       .2     -.3     -.6   
10-3       |   Metal containers 2/.................................| 107.4   106.0   105.8     -.1    -.2     -1.0     -.2     -.2   
10-4       |   Hardware............................................| 151.6   151.9   152.3     1.5     .3       .1      .1      .2   
10-5       |   Plumbing fixtures and brass fittings................| 180.7   180.2   180.0      .8    -.1      -.2      .1     -.2   
10-6       |   Heating equipment...................................| 156.1   156.2   157.3     2.1     .7       .1      .1      .8   
10-7       |   Fabricated structural metal products................| 144.8   144.8   144.9     0       .1      -.1      .1     -.1   
10-88      |   Fabricated ferrous wire products (June 1982=100) 2/.| 129.9   130.0   130.2     0       .2      -.2     -.2      .2   
10-89      |   Other misc. metal products 2/.......................| 126.2   126.0   126.5      .6     .4      0        .1      .4   
11-45      |   Mechanical power transmission equipment.............| 164.0   165.8   166.0     1.9     .1       .1      .7     -.4   
11-48      |   Air conditioning and refrigeration equipment 2/.....| 135.3   135.0   134.9      .1    -.1      0       0       -.1   
11-49-02   |   Metal valves, ex.fluid power (Dec. 1982=100) 2/.....| 162.3   163.3   163.6     1.7     .2       .2     0        .2   
11-49-05   |   Ball and roller bearings............................| 169.8   170.0   170.5     1.8     .3       .2     0        .1   
11-71      |   Wiring devices 2/...................................| 152.4   153.5   153.8      .5     .2       .5      .3      .2   
11-73      |   Motors, generators, motor generator sets............| 146.4   146.5   146.7      .4     .1       .1      .1     -.1   
11-75      |   Switchgear, switchboard, etc., equipment............| 153.3   153.6   153.6      .9    0        -.5      .5     -.2   
11-78      |   Electronic components and accessories 2/............|  97.5    96.3    96.4     -.8     .1      -.3     -.7      .1   
11-94      |   Internal combustion engines.........................| 144.2   144.1   144.0      .4    -.1       .2      .1     -.3   
11-95      |   Machine shop products 2/............................| 138.3   139.4   139.4     2.0    0         .7      .4     0     
13-11      |   Flat glass 2/.......................................| 111.4   111.4   111.9     3.9     .4      -.3      .3      .4   
13-22      |   Cement..............................................| 150.1   150.1   149.1    -1.0    -.7       .1      .3     -.7   
13-3       |   Concrete products 2/................................| 149.4   149.1   148.8     2.1    -.2      -.1     0       -.2   
13-6       |   Asphalt felts and coatings..........................| 104.6   105.6   104.6     3.9    -.9      -.6     1.0     -.8   
13-7       |   Gypsum products 2/..................................| 187.2   165.4   156.0   -31.5   -5.7     -3.6    -2.9    -5.7   
13-8       |   Glass containers 2/.................................| 127.5   127.4   129.9     2.0    2.0      -.1     0       2.0   
14-12      |   Motor vehicle parts 2/..............................| 113.5   113.0   113.0     -.9    0        0       0       0     
14-23      |   Aircraft engines & engine parts (Dec. 1985=100).....| 141.0   141.2   141.3      .4     .1       .4     -.1     -.9   
14-25      |   Aircraft parts & aux.equip.,nec (June 1985=100).....| 146.6   145.1   146.2     1.2     .8      0        .2      .1   
15-42      |   Photographic supplies 2/............................| 125.9   126.3   126.3     1.5    0         .5     -.1     0     
15-6       |   Medical/surgical/personal aid devices 2/............| 146.2   146.9   147.7     1.6     .5      0        .2      .5   
           |                                                       |                                                                 
           | CRUDE MATERIALS FOR FURTHER PROCESSING................| 126.0   136.2   155.0    46.5   13.8     -2.0     8.5    13.9   
           |                                                       |                                                                 
           |  CRUDE FOODSTUFFS AND FEEDSTUFFS......................|  97.6   103.9   105.3     9.1    1.3      1.3     3.4     2.2   
           |                                                       |                                                                 
01-21      |   Wheat 2/............................................|  77.7    84.3    89.1    15.1    5.7      2.1    -3.1     5.7   
01-22-02-05|   Corn................................................|  65.5    78.9    85.3    10.6    8.1      2.8     -.1     7.0   
01-31      |   Slaughter cattle 2/.................................|  97.3   111.6   114.4    11.9    2.5      5.6     5.5     2.5   
01-32      |   Slaughter hogs......................................|  71.1    70.0    62.7     2.8  -10.4     -5.2     7.5    -4.2   
01-41-02   |   Slaughter broilers/fryers...........................| 135.8   132.5   132.4     2.4    -.1      1.3     2.3      .3   
01-42      |   Slaughter turkeys...................................| 133.3   124.1   101.7    -1.5  -18.0       .8    -1.1      .6   
01-6       |   Fluid milk..........................................|  96.1    96.6   100.2    12.0    3.7     -3.0     8.5     9.9   
01-83-01-31|   Soybeans 2/.........................................|  82.8    84.1    82.8     4.0   -1.5      -.4     6.3    -1.5   
02-52-01-01|   Cane sugar,raw 2/...................................|  99.9   109.3   112.2    15.1    2.7      2.2    -4.0     2.7   
                                                                                                                                     
           |                                                       |                                                                 
           |  CRUDE NONFOOD MATERIALS..............................| 141.0   153.5   183.5    69.4   19.5     -3.6    11.1    19.4   
           |                                                       |                                                                 
01-51-01-01|   Raw cotton..........................................| 100.7   101.8    94.1    10.7   -7.6      1.9     2.5    -8.8   
01-92-01-01|   Leaf tobacco 2/.....................................| 107.0   115.8   119.9     6.8    3.5     -2.0    11.0     3.5   
04-11      |   Cattle hides 2/.....................................| 177.0   188.3   191.9    22.5    1.9     -3.8     2.3     1.9   
05-1       |   Coal 2/.............................................|  86.3    88.0    85.4    -3.5   -3.0     -1.2     3.0    -3.0   
05-31      |   Natural gas 2/......................................| 176.8   232.5   339.5   246.4   46.0    -11.1    35.3    46.0   
05-61      |   Crude petroleum 2/..................................|  97.4    87.0    77.8     7.8  -10.6      7.1   -11.1   -10.6   
08-5       |   Logs, timber, etc...................................| 187.4   185.5   186.4   -10.7     .5      -.6     -.2    -1.0   
09-12      |   Wastepaper 2/.......................................| 239.7   197.7   186.5   -30.7   -5.7     -5.2    -8.4    -5.7   
10-11      |   Iron ore 2/.........................................|  94.9    94.9    95.9     1.6    1.1      0       0       1.1   
10-12      |   Iron and steel scrap 2/.............................| 135.6   118.0   127.8   -24.6    8.3     -8.2      .2     8.3   
10-21      |   Nonferrous metal ores (Dec. 1983=100) 2/............|  69.8    67.6    67.5     -.7    -.1     -3.9     1.7     -.1   
10-23-01   |   Copper base scrap 2/................................| 128.9   127.3   128.5     5.9     .9     -3.2     1.8      .9   
10-23-02   |   Aluminum base scrap.................................| 177.5   162.8   165.6   -11.1    1.7     -3.4    -2.5      .7   
13-21      |   Construction sand, gravel, and crushed stone........| 164.4   164.1   165.8     3.7    1.0       .2     -.1      .5   
____________________________________________________________________________________________________________________________________ 
                                                                                                                                     
1/  The indexes for September 2000 have been recalculated to incorporate             2/  Not seasonally adjusted.                    
    late reports and corrections by respondents.  All indexes are                    3/  Not available.                              
    subject to revision 4 months after original publication.

Table 3.  Producer price indexes for selected commodity groupings                              
(1982=100 unless otherwise indicated)                                                          
_______________________________________________________________________________________________
         |                                                |                                   |
         |                                                |         Unadjusted index 1/       |
Commodity|                                                |___________________________________|
  code   |                    Grouping                    |Sept. 2000 | Dec. 2000 | Jan. 2001 |
_________|________________________________________________|___________|___________|___________|
         |                                                |           |           |           |
         | Finished Goods (1967=100)......................|   391.2   |   392.0   |   396.2   |
         | All commodities................................|   134.7   |   135.7   |   138.8   |
         |                                                |           |           |           |
         |                                                |           |           |           |
         |            MAJOR COMMODITY GROUPS              |           |           |           |
         |                                                |           |           |           |
         | Farm products and processed foods and feeds....|   121.4   |   123.9   |   124.8   |
01       |   Farm products................................|    98.0   |   103.3   |   104.8   |
02       |   Processed foods and feeds....................|   132.9   |   134.1   |   134.6   |
         |                                                |           |           |           |
         | Industrial commodities.........................|   137.3   |   138.0   |   141.5   |
03       |   Textile products and apparel.................|   121.6   |   121.8   |   121.6   |
04       |   Hides, skins, leather, and related products..|   153.3   |   155.5   |   156.7   |
05       |   Fuels and related products and power 2/......|   112.7   |   114.8   |   126.5   |
06       |   Chemicals and allied products 2/.............|   151.9   |   151.7   |   154.1   |
07       |   Rubber and plastic products..................|   126.4   |   126.1   |   127.1   |
08       |   Lumber and wood products.....................|   174.1   |   172.6   |   171.5   |
09       |   Pulp, paper, and allied products.............|   184.4   |   184.5   |   185.3   |
10       |   Metals and metal products....................|   128.4   |   127.1   |   127.1   |
11       |   Machinery and equipment......................|   124.1   |   124.0   |   124.0   |
12       |   Furniture and household durables.............|   132.6   |   133.2   |   133.3   |
13       |   Nonmetallic mineral products.................|   142.8   |   142.3   |   142.4   |
14       |   Transportation equipment.....................|   142.9   |   145.2   |   145.6   |
15       |   Miscellaneous products.......................|   172.3   |   173.3   |   177.2   |
         |                                                |           |           |           |
         | Industrial commodities less fuels and related  |           |           |           |
         |   products and power...........................|   142.7   |   142.8   |   143.5   |
         |                                                |           |           |           |
         |                                                |           |           |           |
         |             OTHER COMMODITY GROUPINGS          |           |           |           |
         |                                                |           |           |           |
01-1     | Fruits and melons, fresh and dry vegetables,   |           |           |           |
         |   and tree nuts................................|   115.9   |   106.0   |   115.5   |
01-2     | Grains.........................................|    70.1   |    81.2   |    86.6   |
01-3     | Slaughter livestock............................|    91.1   |   100.9   |   100.9   |
01-4     | Slaughter poultry..............................|   133.6   |   129.1   |   124.3   |
01-5     | Plant and animal fibers........................|    99.3   |   100.2   |    92.8   |
01-7     | Chicken eggs...................................|    92.4   |   122.3   |   108.8   |
01-8     | Hay, hayseeds, and oilseeds....................|   104.7   |   107.7   |   106.8   |
01-83    | Oilseeds.......................................|    92.5   |    94.7   |    93.6   |
01-9     | Other farm products............................|   159.6   |   172.7   |   178.8   |
02-1     | Cereal and bakery products.....................|   158.7   |   159.8   |   160.4   |
02-2     | Meats, poultry, and fish.......................|   119.6   |   121.3   |   120.7   |
02-22    | Processed poultry..............................|   116.6   |   113.6   |   109.3   |
02-5     | Sugar and confectionery........................|   132.0   |   131.9   |   134.3   |
02-6     | Beverages and beverage materials...............|   143.5   |   143.8   |   144.7   |
02-63    | Packaged beverage materials....................|   129.2   |   126.6   |   126.5   |
02-7     | Fats and oils..................................|   107.8   |   107.1   |   104.9   |
03-81    | Apparel........................................|   127.6   |   127.1   |   127.0   |
04-4     | Other leather and related products.............|   146.4   |   146.3   |   146.2   |
05-3     | Gas fuels 2/...................................|   162.8   |   208.3   |   292.3   |
05-4     | Electric power.................................|   137.2   |   130.9   |   134.0   |
05-7     | Refined petroleum products.....................|   102.5   |    92.9   |    91.2   |
06-3     | Drugs and pharmaceuticals......................|   258.5   |   259.3   |   259.6   |
06-5     | Agricultural chemicals and products............|   125.8   |   129.7   |   140.1   |
06-7     | Other chemicals and allied products............|   137.9   |   138.5   |   139.1   |
07-1     | Rubber and rubber products.....................|   115.9   |   116.4   |   116.3   |
07-11    | Rubber, except natural rubber..................|   122.0   |   123.2   |   122.0   |
07-13    | Miscellaneous rubber products..................|   139.2   |   139.7   |   140.0   |
07-2     | Plastic products...............................|   134.5   |   133.8   |   135.3   |
08-1     | Lumber.........................................|   171.4   |   169.5   |   166.5   |
09-1     | Pulp, paper, and products, excluding building  |           |           |           |
         |   paper and board..............................|   162.4   |   160.9   |   160.8   |
09-15    | Converted paper and paperboard products........|   164.5   |   163.9   |   164.7   |
10-1     | Iron and steel.................................|   116.1   |   113.1   |   113.0   |
10-2     | Nonferrous metals..............................|   129.8   |   127.9   |   127.5   |
10-25    | Nonferrous mill shapes.........................|   145.0   |   145.6   |   144.2   |
11-3     | Metalworking machinery and equipment...........|   149.9   |   150.0   |   150.4   |
11-4     | General purpose machinery and equipment........|   151.0   |   151.4   |   151.8   |
11-6     | Special industry machinery.....................|   163.5   |   163.5   |   163.8   |
11-7     | Electrical machinery and equipment.............|   118.9   |   118.4   |   118.4   |
11-9     | Miscellaneous machinery and equipment..........|   134.6   |   135.2   |   135.2   |
12-6     | Other household durable goods..................|   156.1   |   156.5   |   156.8   |
13-2     | Concrete ingredients...........................|   156.4   |   156.2   |   156.9   |
14-1     | Motor vehicles and equipment...................|   130.2   |   133.6   |   133.7   |
15-1     | Toys, sporting goods, small arms, etc..........|   132.4   |   132.1   |   132.4   |
15-4     | Photographic equipment and supplies............|   109.5   |   109.8   |   109.8   |
15-9     | Other miscellaneous products...................|   136.6   |   137.9   |   138.3   |
__________________________________________________________|___________|___________|___________|
                                                                                               
1/  Data for September 2000 have been revised to reflect the availability of late reports and 
    corrections by respondents.  All data are subject to revision 4 months after original
    publication.
2/  Prices of some items in this grouping are lagged 1 month.
Table 4.  Producer price indexes for the net output of major industry groups, not seasonally adjusted              
__________________________________________________________________________________________________________________ 
                  |                                              |     |         Index         |  Percent change   
  Industry        |                Industry 1/                   |Index|_______________________|to_Jan._2001_from: 
    code          |                                              |base |       |       |       |        |          
                  |                                              |     |Sep.   |Dec.   |Jan.   |  Jan.  |  Dec.    
                  |                                              |     |2000 2/|2000 2/|2001 2/|  2000  |  2000    
__________________|______________________________________________|_____|_______|_______|_______|________|_________ 
                  |                                              |     |                                           
                  |Total mining industries...................... |12/84| 124.7   139.6   170.8     90.8     22.3   
       10         | Metal mining................................ |12/84|  75.2    73.5    73.5      -.5    0       
       12         | Coal mining................................. |12/85|  83.5    84.8    83.6     -2.0     -1.4   
       13         | Oil and gas extraction...................... |12/85| 141.9   162.0   204.4    117.0     26.2   
       14         | Mining and quarrying of non-metallic         |     |                                           
                  |  minerals, except fuels..................... |12/84| 138.0   138.2   139.3      3.2       .8   
                  |                                              |     |                                           
                  |Total manufacturing industries............... |12/84| 134.7   134.4   134.7      3.0       .2   
       20         | Food and kindred products................... |12/84| 128.5   129.6   130.1      2.7       .4   
       21         | Tobacco manufactures........................ |12/84| 351.1   351.8   372.4     13.1      5.9   
       22         | Textile mill products....................... |12/84| 116.6   117.5   117.4      1.0      -.1   
       23         | Apparel and other finished products made     |     |                                           
                  |  from fabrics and similar materials......... |12/84| 125.9   125.9   125.7       .4      -.2   
       24         | Lumber and wood products, except furniture.. |12/84| 155.3   154.2   153.2     -5.1      -.6   
       25         | Furniture and fixtures...................... |12/84| 143.5   143.8   144.2      1.3       .3   
       26         | Paper and allied products................... |12/84| 147.7   147.0   147.4      4.5       .3   
       27         | Printing, publishing, and allied industries. |12/84| 183.6   185.1   186.8      3.5       .9   
       28         | Chemicals and allied products............... |12/84| 158.3   159.0   160.4      4.4       .9   
       29         | Petroleum refining and related products..... |12/84| 125.1   114.4   112.5     19.7     -1.7   
       30         | Rubber and miscellaneous plastic products... |12/84| 125.4   124.8   126.0      2.0      1.0   
       31         | Leather and leather products................ |12/84| 138.4   138.9   139.1      1.2       .1   
       32         | Stone, clay, glass, and concrete products... |12/84| 134.8   134.1   134.4    0           .2   
       33         | Primary metal industries.................... |12/84| 120.5   119.2   118.5      -.1      -.6   
       34         | Fabricated metal products, except machinery  |     |                                           
                  |  and transportation equipment............... |12/84| 130.5   130.5   130.6       .5       .1   
       35         | Machinery, except electrical................ |12/84| 117.6   117.7   117.7       .5    0       
       36         | Electrical and electronic machinery,         |     |                                           
                  |  equipment, and supplies.................... |12/84| 108.1   107.7   107.7      -.9    0       
       37         | Transportation equipment.................... |12/84| 135.7   138.4   138.7      1.8       .2   
       38         | Measuring and controlling instruments;       |     |                                           
                  |  photographic, medical, optical goods;       |     |                                           
                  |  watches, clocks............................ |12/84| 126.3   126.4   126.9       .7       .4   
       39         | Miscellaneous manufacturing industries...... |12/85| 131.0   131.3   131.7       .8       .3   
                  |                                              |     |                                           
                  |Services industries                           |     |                                           
       40         | Railroad transportation..................... |12/96| 102.9   103.5   103.9      1.8      0.4   
       42         | Motor freight transportation and warehousing |06/93| 121.2   121.5   121.9      4.6       .3   
       43         | United states postal service................ |06/89| 135.2   135.2   141.3      4.5      4.5   
       44         | Water transportation........................ |12/92| 127.0   126.1   125.8      8.1      -.2   
       45         | Transportation by air....................... |12/92| 151.5   154.2   154.7      9.7       .3   
       46         | Pipe lines, except natural gas.............. |12/86| 102.4   102.7   109.1      6.9      6.2   
       54         | Food stores................................. |12/99| 104.6   104.7   105.4      4.0       .7   
       59         | Miscellaneous retail........................ |06/00|  99.0    98.3    97.7     (3)       -.6   
       80         | Health services............................. |12/94| 113.4   114.1   114.5      2.5       .4   
       81         | Legal services.............................. |12/96| 113.8   112.8   114.8      3.4      1.8   
__________________________________________________________________________________________________________________ 
1/ Indexes in this table are derived from the net-output-weighted industry price indexes.  Because of differences
   in coverage and aggregation methodology, they will generally not match the movements of similarly titled
   indexes which are derived from traditional commodity groupings.
2/ The indexes for September 2000 have been recalculated to incorporate late reports and corrections by respondents.
   All indexes are subject to revision 4 months after original publication.
3/ Not available.
Table 5.  Producer price indexes by stage of processing, seasonally adjusted
(1982=100)
_____________________________________________________________________________________________________________
                                                       |
                                                       |                      Index 1/   
                                                       |_____________________________________________________
               Grouping                                |        |        |        |        |        |        
                                                       |  Aug.  |  Sep.  |  Oct.  |  Nov.  |  Dec.  |  Jan.  
                                                       |  2000  |  2000  |  2000  |  2000  |  2000  |  2001  
_______________________________________________________|________|________|________|________|________|________
                                                       |
      Finished goods...................................|  138.0    139.0    139.5    139.7    140.0    141.6
        Finished consumer goods........................|  138.1    139.4    140.0    140.3    140.6    142.6
          Finished consumer foods......................|  136.7    137.0    137.9    138.3    137.8    138.9
            Crude......................................|  119.9    124.8    132.1    133.3    121.7    130.6
            Processed..................................|  138.1    137.9    138.3    138.6    139.1    139.5
          Finished consumer goods, excluding foods.....|  138.6    140.2    140.7    141.0    141.5    144.0
            Nondurable goods less foods................|  138.8    141.0    141.9    142.3    142.9    146.2
            Durable goods..............................|  134.0    134.3    133.9    134.0    134.4    134.7
        Capital equipment..............................|  139.1    139.4    139.3    139.3    139.5    139.9
          Manufacturing industries.....................|  139.6    139.7    139.8    139.9    139.9    140.2
          Nonmanufacturing industries..................|  138.8    139.2    139.1    139.1    139.3    139.8
                                                       |
      Intermediate materials, supplies, and components.|  129.4    130.4    130.6    130.4    130.9    131.8
        Materials and components for manufacturing.....|  128.5    128.5    128.5    128.2    128.2    128.7
          Materials for food manufacturing.............|  118.8    118.6    119.2    119.0    119.9    120.9
          Materials for nondurable manufacturing.......|  134.0    133.7    133.8    133.8    133.6    135.1
          Materials for durable manufacturing..........|  129.0    129.3    129.2    127.8    128.1    127.2
          Components for manufacturing.................|  126.4    126.5    126.3    126.3    126.2    126.3
        Materials and components for construction......|  150.3    150.3    150.3    150.0    150.1    149.7
        Processed fuels and lubricants.................|  102.1    106.6    107.5    107.9    109.5    113.0
          Manufacturing industries ....................|  101.7    104.1    106.2    105.9    108.8    112.2
          Nonmanufacturing industries..................|  102.1    107.6    108.0    108.6    109.5    113.1
        Containers.....................................|  152.9    153.2    153.3    153.1    153.0    153.0
        Supplies.......................................|  137.0    137.4    137.6    137.6    138.1    138.9
          Manufacturing industries.....................|  144.1    144.3    144.3    144.5    144.6    145.0
          Nonmanufacturing industries..................|  134.1    134.5    134.7    134.7    135.3    136.1
            Feeds......................................|   90.7     93.4     94.5     95.2     99.3    102.9
            Other supplies.............................|  139.3    139.5    139.6    139.5    139.7    140.2
                                                       |
      Crude materials for further processing...........|  117.6    126.0    128.9    126.3    137.0    156.1
        Foodstuffs and feedstuffs......................|   94.1     97.7    100.7    102.0    105.5    107.8
        Nonfood materials..............................|  129.6    140.9    143.6    138.4    153.8    183.7
          Nonfood materials except fuel 2/.............|  119.1    124.8    120.6    123.4    116.5    110.7
            Manufacturing 2/...........................|  109.8    115.3    111.3    114.0    107.4    101.9
            Construction...............................|  185.3    185.3    184.6    183.5    182.9    183.5
          Crude fuel 3/................................|  133.6    151.7    163.7    147.9    192.6    269.0
            Manufacturing industries...................|  133.9    152.4    164.7    148.8    193.7    273.3
            Nonmanufacturing industries................|  136.0    154.4    166.5    150.4    195.9    273.3
                                                       |
                     Special groupings                 |
                                                       |
      Finished goods, excluding foods..................|  138.3    139.5    139.8    140.1    140.5    142.3
      Intermediate materials less foods and feeds......|  130.5    131.4    131.6    131.5    131.8    132.8
      Intermediate foods and feeds.....................|  110.2    110.9    111.6    111.7    113.6    115.5
      Crude materials less agricultural products 2/....|  131.0    142.6    145.4    139.9    155.7    187.0
                                                       |
      Finished energy goods............................|   93.9     97.1     98.7     99.5    100.3    104.1
      Finished goods less energy.......................|  145.0    145.3    145.5    145.6    145.6    146.6
      Finished consumer goods less energy..............|  147.4    147.8    148.0    148.2    148.2    149.4
                                                       |
      Finished goods less foods and energy.............|  148.3    148.7    148.5    148.5    148.7    149.7
      Finished consumer goods less foods and energy....|  154.4    154.8    154.6    154.6    154.9    156.2
      Consumer nondurable goods less foods and energy..|  170.4    171.0    170.9    170.8    171.0    173.1
                                                       |
      Intermediate energy goods........................|  101.9    106.3    107.2    107.5    109.1    112.5
      Intermediate materials less energy...............|  135.3    135.4    135.5    135.2    135.4    135.8
      Intermediate materials less foods and energy.....|  137.0    137.0    137.0    136.8    136.8    137.1
                                                       |
      Crude energy materials 2/........................|  122.4    136.7    140.5    134.8    154.7    193.4
      Crude materials less energy......................|  106.3    109.1    111.1    111.2    113.8    115.7
      Crude nonfood materials less energy 3/...........|  141.3    142.5    141.6    138.3    138.7    139.4
_____________________________________________________________________________________________________________

  1/  All seasonally adjusted indexes are subject to change up to 5 years after original publication due to
      the recalculation of seasonal factors each January.  The indexes for September 2000 have been
      recalculated to incorporate late reports and corrections by respondents.
  2/  Includes crude petroleum.
  3/  Excludes crude petroleum.
Technical Notes





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	
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, while 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
                  
     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 and Unadjusted Data

     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 "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.