Prices and Cost of Living Data
To provide, analyze, and publish statistical data for assisting in the evaluation of consumer, producer, export and import prices and price changes, and consumer expenditures.
General information about this opportunity
Last Known Status
Active
Program Number
17.003
Federal Agency/Office
Bureau of Labor Statistics, Department of Labor
Type(s) of Assistance Offered
L - Dissemination of Technical Information; Z - Salaries and Expenses
Program Accomplishments
Fiscal Year 2022 Each year, BLS publishes over 2 million series, indexes, and other data products across its programs, including Prices and Cost of Living Data.
Authorization
Public Laws 62-426, 71-537, and 94-206, 29 U.S.C. 1-2.
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Request for information may be made by the general public.
Beneficiary Eligibility
General public.
Credentials/Documentation
Not applicable.
What is the process for applying and being award this assistance?
Pre-Application Procedure
Preapplication coordination is not applicable.
Application Procedure
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Requests for information and assistance may be made to the nearest regional office of the Bureau of Labor Statistics listed in Appendix IV of the Catalog.
Award Procedure
Not applicable.
Deadlines
Not applicable.
Approval/Disapproval Decision Time
Not applicable.
Appeals
Not applicable.
Renewals
Not applicable.
How are proposals selected?
Not applicable.
How may assistance be used?
Provides for Consumer Price Indexes (CPI) which measure the average change in prices of goods and services consumed by all urban households as well as urban wage earners and clerical workers. As the basis for most estimates of changes in the purchasing power of the consumer's dollar, the CPI has widespread use in escalation adjustments in both the private and public sectors. Provides for Producer Price Indexes (PPI) which measure the average change in selling prices that domestic producers of goods, services, and construction receive for their output and which are widely cited within price escalation clauses of long term sales contracts to protect both parties against inflation. Provides for Export and Import Price Indexes (MXPI) which measure the average change in import and export prices, which are used to adjust international trade data and to measure the effect these price changes have on the competitiveness of the U.S. economy. Provides for Consumer Expenditure Surveys (CE), which supply periodic updates to the market basket and the weights used to calculate the CPI. In addition, the CE supplies information on consumers' spending and income by characteristics such as income, age, race, family size, and region.
What are the requirements after being awarded this opportunity?
Reporting
Not applicable.
Auditing
Not applicable.
Records
Not applicable.
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.
Matching requirements are not applicable to this assistance listing.
MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
Not applicable. Not applicable.
Who do I contact about this opportunity?
Regional or Local Office
Contact the nearest regional office of the Bureau of Labor Statistics listed in Appendix IV of the Catalog.
Headquarters Office
Jeffrey Hill
2 Massachusetts Avenue, N.E.
Washington, DC 20212 US
hill.jeff@bls.gov
Phone: (202) 691-7156
Website Address
https://www.bls.gov
Financial Information
Account Identification
16-0200-0-1-505
Obligations
(Salaries and Expenses) FY 22$228,762,151.00; FY 23 est $240,868,000.00; FY 24 est $240,868,000.00; FY 20$209,904,333.00; FY 21 est $220,324,000.00; FY 19$209,781,535.00; FY 18$209,657,080.00; FY 17$210.00; FY 16$213,317,666.00; -
Range and Average of Financial Assistance
Not applicable.
Regulations, Guidelines and Literature
"Consumer Price Index"; "Producer Price Index"; "Export Price Index"; "Import Price Index"; "Consumer Expenditure Survey," "Monthly Labor Review"; "BLS Handbook of Methods," BLS Bulletin 2490; "Major Programs of the Bureau of Labor Statistics"; "Publications of the Bureau of Labor Statistics."
Examples of Funded Projects
Not applicable.