PRODUCER PRICES OF HIGHWAY AND STREET CONSTRUCTION

Producer Prices of Highway and Street Construction (monthly data, not seasonally adjusted)

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Producer Price Index: Highways and Streets (monthly data, not seasonally adjusted)

Construction prices for highways and streets represent the price to government in providing a key component of transportation infrastructure.

Producer Price Index (Jan-92=100)	May-01	May-02
Highways and streets	128.6	122.7
Highways and streets percent change from same month previous year	3.02	-4.57

NOTES: The current value is compared to the value from the same period in the previous year to account for seasonality. The base period of the original index is June 1986. January 1992 is set to be the new reference point (=100) by dividing the values of the original index by the value of January 1992 in the original index. It is important to point out that this process changes only the reference point, and not the base period of the index because the weight structure of the index did not change.

Data from February 2002 to May 2002 are preliminary. The base period of the original index is June 1986. January 1992 is set to be the new reference point (=100) by dividing the values of the original index by the value of January 1992 in the original index. It is important to point out that this process changes only the reference point, and not the base period of the index because the weight structure of the index did not change.

SOURCE: U.S. Department of Labor, Bureau of Labor Statistics; June 13, 2002; available at: http://www.bls.gov/ppi/.