Summary

Description

The PPI universe consists of the output of all industries in the goods-producing sectors of the U.S. economy- mining, manufacturing, agriculture, fishing, and forestry- as well as natural gas, electricity, construction, and goods competitive with those made in the producing sectors, such as waste and scrap materials. In addition, as of January 2011, the PPI program covered more than three-quarters of the service sector's output, publishing data for selected industries in the following industry sectors: wholesale and retail trade; transportation and warehousing; information; finance and insurance; real estate brokering, rental, and leasing; professional, scientific, and technical services; administrative, support, and waste management services; health care and social assistance; and accommodation. To the extent possible, prices used in constructing the indexes are the actual revenue or net transaction prices producers receive for sales of their outputs. Scientific (probability) sampling techniques are used to select reporting establishments, products, and transactions for all types and volumes of output (not just volume-sellers).