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Copyright 1998 by the Wyoming Department of Employment, Research & Planning

The 1998 Revision of the Consumer Price Index

The Consumer Price Index (CPI) is an important national economic indicator. The CPI gives us an idea of how prices change over time for the same kinds and amounts of goods and services.

The CPI major groups are published each month in Wyoming Labor Force Trends. These numbers appear near the bottom of the table titled "Wyoming Economic Indicators". However, the 1998 CPI Revision changed some of the major groups (see Highlights). Entertainment has been replaced by a new series called Recreation. An entirely new group called Education & Communication was created. Along with these new groups is the notation, "December 1997 = 100," while the other CPI groups are based on prices from 1982-84. The new categories were not in existence at that time, so they must be based at the time they were created (December 1997).

For more information, please consult the Bureau of Labor Statistics' Internet pages regarding the CPI:

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These pages designed by Gayle C. Edlin.
Last modified on December 1, 2000 by Valerie A. Davis.