Talk:U.S. Import and Export Price Indexes
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Import Price Index and Inflation
[edit]so it is probably good for us to talk about how the import price index is important to overall inflation, since US imports play a relatively large role in retail goods and services, their prices may have a big impact. - though, I am not honestly sure the best way to word that. Thus I did find a few good external links that discuss that part of import prices, but I have yet to make any edits to the article. Mynameiscurtis
- Here's one way --
- “Poor families in America spend a larger share of their income on goods whose prices are directly affected by trade – such as clothing and food – than wealthier families. . . . This trend [imports helping to control inflation] can partly be explained by China. Prices of consumer goods in US stores have fallen most heavily in sectors where the Chinese presence has increased most. In canned seafood or cotton shirts, for example, where China’s exports to the rest of the world have increased dramatically this decade, inflation has been negative. In sectors where there is no Chinese presence, inflation has been more than 20 per cent. Moreover, as China produces goods of relatively low quality, sectors that have a strong Chinese presence are disproportionately consumed by the poor.”
- Broda, Christian, China and Wal-Mart: the true champions of equality, Financial Times June 4, 2008, p. 11. DOR (HK) (talk) 06:20, 4 June 2008 (UTC)
- “Poor families in America spend a larger share of their income on goods whose prices are directly affected by trade – such as clothing and food – than wealthier families. . . . This trend [imports helping to control inflation] can partly be explained by China. Prices of consumer goods in US stores have fallen most heavily in sectors where the Chinese presence has increased most. In canned seafood or cotton shirts, for example, where China’s exports to the rest of the world have increased dramatically this decade, inflation has been negative. In sectors where there is no Chinese presence, inflation has been more than 20 per cent. Moreover, as China produces goods of relatively low quality, sectors that have a strong Chinese presence are disproportionately consumed by the poor.”
Indices versus Indexes
[edit]All the major price programs at BLS refer to their outputs in the plural as indexes, not indices. Dictionary.com gives this definition with the BLS's prefered spelling as a plural form:
in·dex (ĭn'děks') n. pl. in·dex·es or in·di·ces (-dĭ-sēz')
Since it is not simply just a made up form used by the government, I plan to move the page to "U.S. Import...Indexes." Kujayhawk69 (talk) 17:53, 31 October 2009 (UTC)