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Topic: Business
Number of pages / Number of words: 6 / 1596
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It is not designed to measure the exact price level faced by any one consumer. The BLS collects data only in urban areas. Thus the CPI does not attempt to provide a measure of rural price levels. However, the CPI-U should be serviceable for approximately 87 percent of the U.S. population (BLS, "Guide to Available...


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Thus the CPI does not attempt to provide a measure of rural price levels. However, the CPI-U should be serviceable for approximately 87 percent of the U.S. population (BLS, "Guide to Available.") A two-week lag time exists between the completion of data collection and the publication of CPI data. The measure has limitations...


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