Update DS-00003: U.S. Consumer Price Index (CPI-U) - 2025-10-25
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# U.S. Consumer Price Index (CPI-U) - Inflation Time Series
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**Source ID:** DS-00003
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**Record Created:** 2025-10-25
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**Last Updated:** 2025-10-25
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**Cataloger:** Substrate Data Curation
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**Review Status:** Reviewed
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---
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## Bibliographic Information
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### Title Statement
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- **Main Title:** Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (CPIAUCSL)
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- **Subtitle:** Monthly U.S. Inflation Measure, Seasonally Adjusted (1947-Present)
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- **Abbreviated Title:** CPI-U, CPIAUCSL
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- **Variant Titles:** U.S. CPI, Consumer Price Index, Inflation Index, CPI All Items
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### Responsibility Statement
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- **Publisher/Issuing Body:** Federal Reserve Bank of St. Louis (FRED)
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- **Department/Division:** Federal Reserve Economic Data (FRED) Division
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- **Contributors:** Bureau of Labor Statistics (BLS - primary source), U.S. Department of Labor
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- **Contact Information:** stlsFRED@stls.frb.org
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### Publication Information
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- **Place of Publication:** St. Louis, Missouri, USA (FRED); Washington, D.C., USA (BLS)
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- **Date of First Publication:** 1947-01 (monthly series)
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- **Publication Frequency:** Monthly (released mid-month, typically day 12-15)
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- **Current Status:** Active
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### Edition/Version Information
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- **Current Version:** Continuous monthly updates
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- **Version History:** 1947-present continuous series; base period re-anchored periodically (current: 1982-1984 = 100)
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- **Versioning Scheme:** Monthly releases with minimal historical revisions
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---
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## Authority Statement
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### Organizational Authority
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**Issuing Organization Analysis:**
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- **Official Name:** Federal Reserve Bank of St. Louis (FRED aggregator); Bureau of Labor Statistics (BLS - primary authority)
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- **Type:** Federal Reserve Bank (FRED); Federal Government Statistical Agency (BLS)
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- **Established:** FRED: 1991; BLS: 1884 (140+ years of labor statistics)
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- **Mandate:** Federal Reserve Act (FRED); Bureau of Labor Statistics Act - authority to measure labor market conditions and price changes
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- **Parent Organization:** Federal Reserve System (FRED); U.S. Department of Labor (BLS)
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- **Governance Structure:** Federal Reserve Bank board (FRED); Presidential appointment + Senate confirmation (BLS Commissioner)
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**Domain Authority:**
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- **Subject Expertise:** Price measurement, inflation statistics (BLS 140+ years); economic data aggregation (FRED 30+ years)
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- **Recognition:** BLS is U.S. principal statistical agency for labor and price statistics; CPI is the most widely-used inflation measure globally
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- **Publication History:** CPI published since 1913 (various forms), continuous monthly since 1947; FRED since 1991
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- **Peer Recognition:** Federal Reserve, Treasury, Social Security Administration, academic economists worldwide cite BLS CPI
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**Quality Oversight:**
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- **Peer Review:** BLS methodology reviewed by National Academy of Sciences, academic economists (Boskin Commission, others)
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- **Editorial Board:** Technical Advisory Committee on the Consumer Price Index
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- **Scientific Committee:** Bureau of Labor Statistics leadership (professional economists and statisticians)
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- **External Audit:** Subject to Government Accountability Office (GAO) oversight
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- **Certification:** Follows international standards (ILO CPI Manual, UN Statistical Commission)
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**Independence Assessment:**
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- **Funding Model:** Federal appropriations (no commercial interests)
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- **Political Independence:** Professional statistical agency; BLS Commissioner serves under civil service protections; statutory independence
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- **Commercial Interests:** None (federal government mission)
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- **Transparency:** Complete methodology documentation (BLS Handbook of Methods); data collection procedures published
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### Data Authority
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**Provenance Classification:**
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- **Source Type:** Primary (BLS direct measurement from price collection)
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- **Data Origin:** BLS collects ~80,000 price quotes monthly from ~23,000 retail and service establishments across 75 urban areas
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- **Chain of Custody:** Price collectors → BLS field offices → National office aggregation → Statistical analysis → FRED aggregation → Public access
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**Primary Source Characteristics:**
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- BLS is the authoritative U.S. statistical agency for CPI compilation
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- Direct measurement from retail prices (in-person and online price collection)
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- Legal mandate under Bureau of Labor Statistics Act
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- Follows internationally-recognized Consumer Price Index methodology (ILO CPI Manual)
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---
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## Scope Note
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### Content Description
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**Subject Coverage:**
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- **Primary Subjects:** Inflation, Price Indices, Cost of Living, Consumer Economics
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- **Secondary Subjects:** Macroeconomics, Monetary Policy, Purchasing Power, Real Value Adjustments
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- **Subject Classification:**
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- LC: HB (Economic Theory), HC (Economic History and Conditions)
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- Dewey: 338.5 (Prices), 330.973 (U.S. Economics)
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- **Keywords:** CPI, Consumer Price Index, inflation, price index, purchasing power, cost of living, real wages, deflator, basket of goods, seasonally adjusted
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**Geographic Coverage:**
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- **Spatial Scope:** United States (75 urban areas covering ~93% of U.S. population)
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- **Countries/Regions Included:** United States only (separate CPI series exist for regions)
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- **Geographic Granularity:** National aggregate (separate metropolitan area CPIs available)
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- **Coverage Completeness:** 93% of U.S. population (all urban consumers)
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- **Notable Exclusions:** Rural populations (~7% of U.S.), military personnel, institutionalized populations
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**Temporal Coverage:**
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- **Start Date:** 1947-01 (monthly series); 1913 (earlier annual series)
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- **End Date:** Present (ongoing monthly updates)
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- **Historical Depth:** 78+ years (monthly), 112+ years (including earlier series)
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- **Frequency of Observations:** Monthly
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- **Temporal Granularity:** Month-level
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- **Time Series Continuity:** Excellent; continuous monthly data with minimal revisions
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**Population/Cases Covered:**
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- **Target Population:** All urban consumers (~93% of U.S. population)
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- **Inclusion Criteria:** Expenditure patterns of urban wage earners, clerical workers, professional, managerial, technical workers, self-employed, unemployed, retirees
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- **Exclusion Criteria:** Rural non-metropolitan populations, farm families, military on base, institutionalized persons
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- **Coverage Rate:** 93% of U.S. total population
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- **Sample vs. Census:** Sample-based: ~23,000 retail establishments, ~80,000 price quotes monthly
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**Variables/Indicators:**
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- **Number of Variables:** 1 primary series (CPIAUCSL); 8,000+ related detailed CPI series
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- **Core Indicators:**
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- CPI Index (1982-1984 = 100 baseline)
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- Month-over-month change
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- Year-over-year inflation rate
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- Seasonally adjusted values
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- **Derived Variables:** Inflation rates (monthly, annual), real wage deflators, purchasing power calculations
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- **Data Dictionary Available:** Yes - BLS CPI Handbook of Methods
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### Content Boundaries
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**What This Source IS:**
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- Gold-standard measure of U.S. consumer price inflation
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- Primary indicator used by Federal Reserve for monetary policy (2% inflation target)
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- Official U.S. government price statistic for cost-of-living adjustments (Social Security, tax brackets)
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- Internationally-comparable using ILO CPI Manual framework
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- Best source for understanding U.S. purchasing power changes over time
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**What This Source IS NOT:**
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- NOT a cost-of-living index (does not account for substitution, quality changes perfectly)
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- NOT a measure of prices paid by businesses (use Producer Price Index)
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- NOT adjusted for individual consumption patterns (measures average urban consumer)
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- NOT real-time (2-week lag from month end to publication)
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- NOT granular below national level (use metropolitan area CPIs for local analysis)
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**Comparison with Similar Sources:**
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| Source | Advantages Over This Source | Disadvantages vs. This Source |
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|--------|----------------------------|-------------------------------|
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| PCE Price Index (Fed preferred) | Accounts for consumer substitution; broader coverage | Less widely known; more complex methodology |
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| CPI-W (Urban Wage Earners) | Specific to wage/clerical workers | Narrower coverage (32% of population vs 93%) |
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| Chained CPI | Better accounts for substitution | More complex; less historical data |
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| PPI (Producer Price Index) | Business/wholesale prices | Not consumer-facing; different concept |
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---
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## Access Conditions
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### Technical Access
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**API Information:**
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- **Endpoint URL:** https://fred.stlouisfed.org/graph/fredgraph.csv?id=CPIAUCSL&cosd=1947-01-01
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- **API Type:** Direct CSV download (HTTP GET); also FRED API available
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- **API Version:** FRED API v1
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- **OpenAPI/Swagger Spec:** https://fred.stlouisfed.org/docs/api/fred/
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- **SDKs/Libraries:** Python (fredapi), R (fredr), unofficial libraries for other languages
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**Authentication:**
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- **Authentication Required:** No (for CSV); Yes for FRED API
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- **Authentication Type:** API Key (free) for FRED API
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- **Registration Process:** Sign up at https://fredaccount.stlouisfed.org/apikeys
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- **Approval Required:** No (instant API key)
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- **Approval Timeframe:** Immediate
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**Rate Limits:**
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- **Requests per Second:** Not documented for CSV download; reasonable use expected
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- **Requests per Day:** FRED API: 120 requests/minute
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- **Concurrent Connections:** Not specified
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- **Throttling Policy:** API enforces rate limits with 429 status code
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- **Rate Limit Headers:** Not provided for CSV; API includes rate limit info
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**Query Capabilities:**
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- **Filtering:** CSV downloads full series; FRED API supports date range filtering
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- **Sorting:** Chronological (inherent in time series)
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- **Pagination:** Not applicable (full series download)
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- **Aggregation:** Pre-aggregated monthly data
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- **Joins:** Not applicable (single time series)
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**Data Formats:**
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- **Available Formats:** CSV (direct download), JSON/XML (FRED API)
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- **Format Quality:** Well-formed CSV; UTF-8 encoded; consistent schema
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- **Compression:** Not compressed
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- **Encoding:** UTF-8
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**Download Options:**
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- **Bulk Download:** Yes - full CSV download
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- **Streaming API:** No
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- **FTP/SFTP:** No
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- **Torrent:** No
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- **Data Dumps:** Full series download each time (not incremental)
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**Reliability Metrics:**
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- **Uptime:** Very high (99.9%+ estimated); Federal Reserve infrastructure
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- **Latency:** <1 second for CSV download
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- **Breaking Changes:** Schema stable for decades; BLS methodology changes documented years in advance
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- **Deprecation Policy:** Federal Reserve commitment to long-term data availability
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- **Service Level Agreement:** No formal SLA (federal government service)
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### Legal/Policy Access
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**License:**
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- **License Type:** Public Domain (U.S. Government Work)
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- **License Version:** N/A
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- **License URL:** https://www.usa.gov/government-works
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- **SPDX Identifier:** CC0-1.0 (effectively public domain for U.S. government data)
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**Usage Rights:**
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- **Redistribution Allowed:** Yes (public domain)
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- **Commercial Use Allowed:** Yes (public domain)
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- **Modification Allowed:** Yes (public domain)
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- **Attribution Required:** Not legally required; citation recommended as scholarly best practice
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- **Share-Alike Required:** No
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**Cost Structure:**
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- **Access Cost:** Free
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**Terms of Service:**
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- **TOS URL:** https://fred.stlouisfed.org/legal/
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- **Key Restrictions:** No restrictions (public domain); standard disclaimer
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- **Liability Disclaimers:** Federal Reserve not liable for decisions based on data
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- **Privacy Policy:** FRED collects website analytics; no personal data in economic statistics
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---
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## Collection Development Policy Fit
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### Relevance Assessment
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**Substrate Mission Alignment:**
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- **Human Progress Focus:** Purchasing power and cost-of-living central to measuring economic wellbeing and human progress
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- **Problem-Solution Connection:**
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- Links to Problems: Inflation volatility, wage erosion, economic inequality measurement
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- Links to Solutions: Monetary policy frameworks, real wage adjustments, retirement planning
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- **Evidence Quality:** Gold-standard for U.S. inflation measurement; supports evidence-based economic analysis
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**Collection Priorities Match:**
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- **Priority Level:** CRITICAL - essential source for U.S. economic domain
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- **Uniqueness:** Official U.S. government inflation measure; most widely-used price index
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- **Comprehensiveness:** Fills critical gap; no other source provides this combination of authority, coverage, and historical depth
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### Comparison with Holdings
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**Overlapping Sources:**
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- DS-00002: U.S. GDP (complementary - GDP for output, CPI for prices)
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- Future: PCE Price Index (Federal Reserve's preferred inflation measure)
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**Unique Contribution:**
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- Official BLS/U.S. government price statistic
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- Most widely-cited inflation measure (Social Security COLA, tax brackets)
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- Longest consistent time series (1947-present monthly)
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- Used for real value adjustments across all economic research
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**Preferred Use Cases:**
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- When official U.S. government inflation statistics required
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- Historical inflation analysis (1947-present)
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- Real wage and real value calculations
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- Cost-of-living adjustment research
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- Monetary policy analysis (Federal Reserve 2% target)
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---
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## Technical Specifications
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### Data Model
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**Schema Documentation:**
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- **Schema Type:** CSV with defined column structure
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- **Schema URL:** https://fred.stlouisfed.org/series/CPIAUCSL
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- **Schema Version:** Stable since FRED inception
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**Entity Types:**
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- Monthly CPI observations (time series)
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**Key Relationships:**
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- Date → CPI Value
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**Primary Keys:**
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- Date (YYYY-MM-DD)
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**Foreign Keys:**
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- None (single time series)
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### Metadata Standards Compliance
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**Standards Followed:**
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- [x] Dublin Core
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- [x] DCAT (Data Catalog Vocabulary)
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- [x] Schema.org Dataset
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- [x] SDMX (Statistical Data and Metadata eXchange)
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- [ ] DDI (Data Documentation Initiative) - minimal
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- [ ] ISO 19115 (Geographic Information Metadata) - not applicable
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- [ ] MARC
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- Other: ILO CPI Manual methodology standards
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**Metadata Quality:**
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- **Completeness:** 90% of elements populated
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- **Accuracy:** High - metadata maintained by FRED and BLS
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- **Consistency:** Excellent - SDMX compliance ensures consistency
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### API Documentation Quality
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**Documentation Assessment:**
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- **Completeness:** Comprehensive - all endpoints documented with examples
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- **Examples Provided:** Yes - extensive examples in multiple programming languages
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- **Error Messages:** Clear HTTP status codes and error descriptions
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- **Change Log:** Maintained at https://fred.stlouisfed.org/docs/api/fred/
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- **Tutorials:** Available - step-by-step guides for common tasks
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- **Support Forum:** Email support stlsFRED@stls.frb.org; no public forum
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---
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## Source Evaluation Narrative
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### Methodological Assessment
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**Data Collection Methodology:**
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**Sampling Design:**
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- **Method:** Probability sample (scientifically-selected retail establishments and items)
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- **Sample Size:** ~23,000 retail and service establishments; ~80,000 price quotes monthly
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- **Sampling Frame:** Universe of U.S. urban retail establishments
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- **Stratification:** By item category, geographic region, establishment type
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- **Weighting:** Expenditure weights from Consumer Expenditure Survey (updated every 2 years)
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**Data Collection Instruments:**
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- **Instrument Type:** Direct price observation (in-person and online price collection)
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- **Validation:** BLS field supervisors verify price quotes; automated consistency checks
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- **Question Wording:** Standardized price collection protocols (exact item specifications)
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- **Mode:** In-person visits (grocery, retail), phone (services), online (e-commerce)
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**Quality Control Procedures:**
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- **Field Supervision:** BLS regional offices supervise price collectors
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- **Validation Rules:** Automated checks for price changes >10%; item substitution protocols
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- **Consistency Checks:** Cross-validation across similar items and geographic areas
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- **Verification:** Monthly review by BLS economists
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- **Outlier Treatment:** Large price changes investigated and verified before inclusion
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**Error Characteristics:**
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- **Sampling Error:** Very low for national CPI (large sample); confidence intervals not published
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- **Non-sampling Error:** Item substitution bias, quality adjustment challenges, new product introduction lag
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- **Known Biases:** Upward bias (~0.5-1.0% annually) from substitution, quality changes (Boskin Commission findings)
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- **Accuracy Bounds:** Academic estimates suggest ±0.1-0.3% for monthly CPI
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**Methodology Documentation:**
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- **Transparency Level:** 5/5 (Exemplary)
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- **Documentation URL:** https://www.bls.gov/opub/hom/cpi/
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- **Peer Review Status:** BLS methods reviewed by National Academy of Sciences; published in peer-reviewed journals
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- **Reproducibility:** Methodology fully documented; data collection procedures published
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### Currency Assessment
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**Update Characteristics:**
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- **Update Frequency:** Monthly (released mid-month, typically day 12-15)
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- **Update Reliability:** Extremely consistent; releases follow strict schedule (8:30 AM ET)
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- **Update Notification:** BLS release calendar published; FRED email alerts available
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- **Last Updated:** 2025-08 (most recent as of October 2025)
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**Timeliness:**
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- **Collection to Publication Lag:** ~2 weeks (data for month M published mid-month M+1)
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- **Factors Affecting Timeliness:** Price collection window, quality review process
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- **Historical Timeliness:** Consistent monthly release schedule maintained for decades
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**Currency for Different Uses:**
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- **Real-time Analysis:** Unsuitable (2-week lag); most current available for monthly data
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- **Recent Trends:** Excellent (monthly updates capture trends within 6 weeks)
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- **Historical Research:** Excellent (continuous series 1947-present)
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### Objectivity Assessment
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**Potential Biases:**
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**Political Bias:**
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- **Government Influence:** Statistical agency independence protected by law; BLS Commissioner serves under civil service
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- **Editorial Stance:** Professional statistical neutrality mandated by statute
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- **Political Pressure:** Occasional political commentary on CPI methodology; independence maintained
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**Commercial Bias:**
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- **Funding Sources:** Federal appropriations (no commercial interests)
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- **Advertising Influence:** Not applicable
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- **Proprietary Interests:** None
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**Cultural/Social Bias:**
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- **Geographic Bias:** Urban-centric (excludes rural 7%); 75 urban areas weighted by population
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- **Social Perspective:** Average consumer basket may not reflect low-income or high-income consumption
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- **Language Bias:** Published in English; limited translation
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- **Selection Bias:** Item selection based on Consumer Expenditure Survey (updated every 2 years)
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**Transparency:**
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- **Bias Disclosure:** BLS acknowledges known biases (substitution, quality adjustment); Boskin Commission documented
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- **Limitations Stated:** Comprehensive methodology documentation notes limitations
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- **Raw Data Available:** Detailed CPI components published; micro-data not publicly available (establishment confidentiality)
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### Reliability Assessment
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**Consistency:**
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- **Internal Consistency:** Item-level CPIs aggregate mathematically to headline CPI
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- **Temporal Consistency:** Stable methodology; major changes documented and phased in gradually
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- **Cross-source Consistency:** Good agreement with PCE Price Index, IMF WEO inflation data
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**Stability:**
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- **Definition Changes:** Occasional - major methodology updates implemented gradually (e.g., geometric mean, hedonic quality adjustment)
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- **Methodology Changes:** Well-documented; typically phased in over years
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- **Series Breaks:** Clearly marked when major changes implemented (base period changes)
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**Verification:**
|
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- **Independent Verification:** Academic economists extensively study CPI; Boskin Commission independent review
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- **Replication Studies:** Researchers use CPI data extensively; errors/discrepancies reported and corrected
|
||||
- **Audit Results:** GAO audits BLS periodically; no major data quality issues identified
|
||||
|
||||
### Accuracy Assessment
|
||||
|
||||
**Validation Evidence:**
|
||||
- **Benchmark Comparisons:** CPI compared to PCE Price Index (Federal Reserve preferred measure); differences documented
|
||||
- **Coverage Assessments:** Expenditure weights updated from Consumer Expenditure Survey
|
||||
- **Error Studies:** Boskin Commission (1996) estimated upward bias ~1.1% annually; BLS improvements reduced to ~0.5%
|
||||
|
||||
**Accuracy for Different Uses:**
|
||||
- **Point Estimates:** Highly reliable for national monthly CPI (large sample)
|
||||
- **Trend Analysis:** Excellent for medium-term trends (6+ months); month-to-month noise exists
|
||||
- **Cross-sectional Comparison:** Not applicable (U.S. only); international comparisons use Harmonized Indices
|
||||
- **Sub-population Analysis:** Limited - metropolitan area CPIs available; no income-specific CPIs
|
||||
|
||||
---
|
||||
|
||||
## Known Limitations and Caveats
|
||||
|
||||
### Coverage Limitations
|
||||
|
||||
**Geographic Gaps:**
|
||||
- Rural non-metropolitan areas (~7% of U.S. population)
|
||||
- Alaska and Hawaii covered separately (not in national index)
|
||||
|
||||
**Temporal Gaps:**
|
||||
- No gaps in monthly series since 1947
|
||||
- Earlier data (1913-1946) less frequent or different methodology
|
||||
|
||||
**Population Exclusions:**
|
||||
- Rural populations
|
||||
- Military personnel on base
|
||||
- Institutionalized populations (prisons, nursing homes)
|
||||
|
||||
**Variable Gaps:**
|
||||
- No individual consumption pattern adjustments (average consumer only)
|
||||
- No wealth or asset price changes (home prices, stocks)
|
||||
- Services quality changes challenging to capture
|
||||
|
||||
### Methodological Limitations
|
||||
|
||||
**Sampling Limitations:**
|
||||
- Item substitution when products discontinued (introduces quality adjustment challenges)
|
||||
- New products introduced with lag (e.g., smartphones took years to enter basket)
|
||||
|
||||
**Measurement Limitations:**
|
||||
- Quality improvements difficult to separate from price increases (hedonic quality adjustment imperfect)
|
||||
- Online prices increasingly important; methodology adapting
|
||||
- Shrinkflation (smaller package size for same price) challenging to capture
|
||||
|
||||
**Processing Limitations:**
|
||||
- Seasonal adjustment can mask underlying trends
|
||||
- Base period changes (1982-1984 = 100) require careful interpretation for long-term comparisons
|
||||
|
||||
### Comparability Limitations
|
||||
|
||||
**Cross-national Comparability:**
|
||||
- Different countries use different CPI methodologies
|
||||
- Harmonized Index of Consumer Prices (HICP) used for international comparisons
|
||||
|
||||
**Temporal Comparability:**
|
||||
- Methodology improvements over time (geometric mean, hedonic quality, internet prices)
|
||||
- Base period re-anchored periodically (does not affect inflation rates, but index levels)
|
||||
|
||||
**Sub-group Comparability:**
|
||||
- No income-specific CPIs (average consumer only)
|
||||
- Metropolitan area CPIs exist but smaller samples (wider confidence intervals)
|
||||
|
||||
### Usage Caveats
|
||||
|
||||
**Inappropriate Uses:**
|
||||
1. **DO NOT use for individual consumption** - reflects average urban consumer, not personal basket
|
||||
2. **DO NOT use as cost-of-living index** - does not fully account for substitution or quality
|
||||
3. **DO NOT compare month-to-month** without considering seasonal patterns and noise
|
||||
4. **DO NOT use for asset prices** - excludes home prices, stocks, bonds (use Case-Shiller, S&P500)
|
||||
|
||||
**Ecological Fallacy Risks:**
|
||||
- National CPI does not reflect individual cities (use metropolitan CPIs)
|
||||
- Average CPI does not reflect low-income or high-income consumption patterns
|
||||
|
||||
**Correlation vs. Causation:**
|
||||
- CPI measures price changes, not causes of inflation
|
||||
- Appropriate for descriptive analysis, not causal inference without economic models
|
||||
|
||||
---
|
||||
|
||||
## Recommended Use Cases
|
||||
|
||||
### Ideal Applications
|
||||
|
||||
**Research Questions Well-Suited:**
|
||||
1. "How has U.S. purchasing power changed over the past 50 years?"
|
||||
2. "What is the real (inflation-adjusted) return on investment?"
|
||||
3. "How does wage growth compare to inflation?"
|
||||
4. "What is the Federal Reserve's progress toward 2% inflation target?"
|
||||
|
||||
**Analysis Types Supported:**
|
||||
- Descriptive statistics (inflation rates over time)
|
||||
- Trend analysis (long-term inflation patterns)
|
||||
- Real value adjustments (converting nominal to real dollars)
|
||||
- Policy evaluation (Federal Reserve inflation targeting)
|
||||
|
||||
### Appropriate Contexts
|
||||
|
||||
**Geographic Contexts:**
|
||||
- U.S. national analysis
|
||||
- Cross-country comparisons (with Harmonized Indices or equivalent)
|
||||
|
||||
**Temporal Contexts:**
|
||||
- Long-term trends (1947-present)
|
||||
- Historical research (especially post-WWII era)
|
||||
- Month-to-month changes (with seasonal adjustment consideration)
|
||||
|
||||
**Subject Contexts:**
|
||||
- Purchasing power analysis
|
||||
- Real wage calculations
|
||||
- Retirement planning (Social Security COLA)
|
||||
- Economic policy evaluation
|
||||
|
||||
### Use Warnings
|
||||
|
||||
**Avoid Using This Source For:**
|
||||
1. **Individual consumption patterns** → Use personal budget tracking
|
||||
2. **Real estate price inflation** → Use Case-Shiller Home Price Index
|
||||
3. **Asset price changes** → Use stock indices, bond yields
|
||||
4. **Immediate/real-time inflation** → Use high-frequency alternative data (Billion Prices Project)
|
||||
5. **Rural cost of living** → No rural CPI available
|
||||
|
||||
**Recommended Alternatives For:**
|
||||
- Federal Reserve policy → PCE Price Index (Fed's preferred measure)
|
||||
- Producer/wholesale prices → Producer Price Index (PPI)
|
||||
- Import/export prices → Import/Export Price Indices
|
||||
- Wage earner specific → CPI-W (Urban Wage Earners and Clerical Workers)
|
||||
|
||||
---
|
||||
|
||||
## Citation
|
||||
|
||||
### Preferred Citation Format
|
||||
|
||||
**APA 7th:**
|
||||
U.S. Bureau of Labor Statistics. (2025). *Consumer Price Index for All Urban Consumers: All Items in U.S. City Average* [CPIAUCSL]. Federal Reserve Bank of St. Louis. Retrieved October 25, 2025, from https://fred.stlouisfed.org/series/CPIAUCSL
|
||||
|
||||
**Chicago 17th:**
|
||||
U.S. Bureau of Labor Statistics. "Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (CPIAUCSL)." Federal Reserve Bank of St. Louis, FRED. Accessed October 25, 2025. https://fred.stlouisfed.org/series/CPIAUCSL.
|
||||
|
||||
**MLA 9th:**
|
||||
U.S. Bureau of Labor Statistics. *Consumer Price Index for All Urban Consumers: All Items in U.S. City Average*. FRED, Federal Reserve Bank of St. Louis, 2025, fred.stlouisfed.org/series/CPIAUCSL.
|
||||
|
||||
**Vancouver:**
|
||||
U.S. Bureau of Labor Statistics. Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (CPIAUCSL) [Internet]. St. Louis: Federal Reserve Bank of St. Louis, FRED; 2025 [cited 2025 Oct 25]. Available from: https://fred.stlouisfed.org/series/CPIAUCSL
|
||||
|
||||
**BibTeX:**
|
||||
```bibtex
|
||||
@misc{bls_cpi_2025,
|
||||
author = {{U.S. Bureau of Labor Statistics}},
|
||||
title = {Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (CPIAUCSL)},
|
||||
year = {2025},
|
||||
publisher = {Federal Reserve Bank of St. Louis, FRED},
|
||||
url = {https://fred.stlouisfed.org/series/CPIAUCSL},
|
||||
note = {Accessed: 2025-10-25}
|
||||
}
|
||||
```
|
||||
|
||||
### Data Citation Principles
|
||||
|
||||
Following FORCE11 Data Citation Principles:
|
||||
- **Importance:** CPI is citable research output; cite in publications using inflation-adjusted values
|
||||
- **Credit and Attribution:** Citations credit BLS for data collection, FRED for aggregation
|
||||
- **Evidence:** Citations enable readers to verify inflation adjustments
|
||||
- **Unique Identification:** FRED series ID (CPIAUCSL) + access date for exact reproducibility
|
||||
- **Access:** Citation provides direct access method (URL)
|
||||
- **Persistence:** FRED maintains stable URLs; archived through Internet Archive
|
||||
- **Specificity and Verifiability:** Series ID and date range ensure exact reproducibility
|
||||
- **Interoperability:** Citation format compatible with reference managers
|
||||
- **Flexibility:** Adaptable to various research outputs
|
||||
|
||||
---
|
||||
|
||||
## Version History
|
||||
|
||||
### Current Version
|
||||
- **Version:** Continuous monthly series
|
||||
- **Date:** 1947-01 to present
|
||||
- **Changes:** Monthly additions; base period 1982-1984 = 100
|
||||
|
||||
### Previous Versions
|
||||
- **Base Period Changes:** 1967 = 100 (historical), 1982-1984 = 100 (current)
|
||||
|
||||
---
|
||||
|
||||
## Review Log
|
||||
|
||||
### Internal Reviews
|
||||
- **Date:** 2025-10-25 | **Reviewer:** Substrate Data Curation | **Status:** Approved | **Notes:** Initial catalog entry; comprehensive evaluation completed
|
||||
|
||||
### Quality Checks
|
||||
- **Last Metadata Validation:** 2025-10-25
|
||||
- **Last Authority Verification:** 2025-10-25
|
||||
- **Last Link Check:** 2025-10-25
|
||||
- **Last Access Test:** 2025-10-25 (CSV download tested successfully)
|
||||
|
||||
---
|
||||
|
||||
## Related Resources
|
||||
|
||||
### Cross-References
|
||||
|
||||
**Related Substrate Entities:**
|
||||
- **Problems:**
|
||||
- Inflation volatility
|
||||
- Wage erosion
|
||||
- Cost-of-living measurement
|
||||
- **Solutions:**
|
||||
- Monetary policy frameworks
|
||||
- Index-linked financial instruments
|
||||
- Real wage adjustments
|
||||
- **Organizations:**
|
||||
- Bureau of Labor Statistics
|
||||
- Federal Reserve System
|
||||
- Federal Reserve Bank of St. Louis
|
||||
- **Other Data Sources:**
|
||||
- DS-00002: U.S. GDP (Real GDP for output measurement)
|
||||
- Future: PCE Price Index (Federal Reserve's preferred inflation measure)
|
||||
|
||||
**External Resources:**
|
||||
- **Alternative Sources:**
|
||||
- PCE Price Index: https://fred.stlouisfed.org/series/PCEPI
|
||||
- Producer Price Index: https://www.bls.gov/ppi/
|
||||
- **Complementary Sources:**
|
||||
- Consumer Expenditure Survey: https://www.bls.gov/cex/
|
||||
- Real Earnings: https://www.bls.gov/news.release/realer.htm
|
||||
- **Source Comparison Studies:**
|
||||
- Boskin Commission Report (1996): "Toward a More Accurate Measure of the Cost of Living"
|
||||
- Academic research on CPI vs. PCE differences
|
||||
|
||||
### Additional Documentation
|
||||
|
||||
**User Guides:**
|
||||
- BLS CPI Home Page: https://www.bls.gov/cpi/
|
||||
- FRED Series Page: https://fred.stlouisfed.org/series/CPIAUCSL
|
||||
|
||||
**Research Using This Source:**
|
||||
- Millions of citations in economic research
|
||||
- Federal Reserve policy analysis
|
||||
- Social Security COLA calculations
|
||||
|
||||
**Methodology Papers:**
|
||||
- BLS Handbook of Methods, Chapter 17 (Consumer Price Index)
|
||||
- Boskin Commission Report (1996)
|
||||
|
||||
---
|
||||
|
||||
## Cataloger Notes
|
||||
|
||||
**Internal Notes:**
|
||||
- Excellent source; highest authority; essential for Substrate economic domain
|
||||
- CSV download simple and reliable
|
||||
- Consider adding PCE Price Index as complement (Federal Reserve's preferred measure)
|
||||
- CPI-W (wage earners) available as alternative series if needed
|
||||
|
||||
**To Do:**
|
||||
- [ ] Add related organizations (BLS, Federal Reserve)
|
||||
- [ ] Cross-reference with relevant Problems and Solutions
|
||||
- [ ] Consider adding metropolitan area CPIs for geographic granularity
|
||||
|
||||
**Questions for Review:**
|
||||
- Should we catalog PCE Price Index separately?
|
||||
- How to handle base period changes in long-term analysis documentation?
|
||||
|
||||
---
|
||||
|
||||
**END OF SOURCE RECORD**
|
||||
29
Data/US-Inflation/update.log
Normal file
29
Data/US-Inflation/update.log
Normal file
@@ -0,0 +1,29 @@
|
||||
[2025-10-25T00:47:05.861Z] === Update Started ===
|
||||
[2025-10-25T00:47:05.861Z] Source: U.S. Consumer Price Index (CPI-U)
|
||||
[2025-10-25T00:47:05.861Z] Source ID: DS-00003
|
||||
[2025-10-25T00:47:05.861Z] Checking source availability...
|
||||
[2025-10-25T00:47:05.861Z] Source is available
|
||||
[2025-10-25T00:47:05.861Z] Fetching Monthly CPI-U (CPIAUCSL) data...
|
||||
[2025-10-25T00:47:05.861Z] Monthly CPI-U (CPIAUCSL) schema validation passed
|
||||
[2025-10-25T00:47:05.861Z] Monthly CPI-U (CPIAUCSL) first record: 1947-01-01,21.480
|
||||
[2025-10-25T00:47:05.861Z] Monthly CPI-U (CPIAUCSL) last record: 2025-09-01,324.368
|
||||
[2025-10-25T00:47:05.861Z] Monthly CPI-U (CPIAUCSL) latest CPI value: 324.368
|
||||
[2025-10-25T00:47:05.861Z] Monthly CPI-U (CPIAUCSL): 945 records retrieved
|
||||
[2025-10-25T00:47:05.861Z] Performing data quality checks...
|
||||
[2025-10-25T00:47:05.861Z] Quality checks passed
|
||||
[2025-10-25T00:47:05.861Z] Saving data file...
|
||||
[2025-10-25T00:47:05.861Z] CPI data saved to: /Users/daniel/Library/Mobile Documents/com~apple~CloudDocs/Projects/Substrate/Data/US-Inflation/CPI-US-Monthly-1947-2025.csv
|
||||
[2025-10-25T00:47:05.861Z] Updating source record...
|
||||
[2025-10-25T00:47:05.861Z] Source record updated
|
||||
[2025-10-25T00:47:05.861Z]
|
||||
Update Summary:
|
||||
- Timestamp: 2025-10-25T00:47:05.861Z
|
||||
- Availability: OK
|
||||
- Data Quality: PASSED
|
||||
- Monthly Records: 945
|
||||
- Latest CPI Value: 324.368
|
||||
- File Size: 17.13 KB
|
||||
- Date Range: 1947-01 to present
|
||||
|
||||
[2025-10-25T00:47:05.861Z] Checking for git repository...
|
||||
[2025-10-25T00:47:05.861Z] Git repository detected - committing changes...
|
||||
Reference in New Issue
Block a user