Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the Seattle CPI?

CPI Seattle
0
Posted

What is the Seattle CPI?

0

In addition to the national CPI, the BLS publishes CPI statistics for 26 of the nation’s metropolitan areas. However, it does not compute the CPI for states. For the Seattle area, the BLS computes both the CPI-U and the CPI-W for the Seattle-Tacoma-Bremerton, Washington, metropolitan area, which includes Island, King, Kitsap, Pierce, Snohomish, and Thurston Counties. In 2000, this area was home to 3.6 million people, which is 60 percent of the states total population. Consumer price indexes for metropolitan areas are significantly more volatile than the national index because substantially fewer goods and services are analyzed when computing a metropolitan-area CPI vs. a national CPI. Using fewer items to assess price changes results in substantially more sampling and measurement error.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123