Wednesday, October 13, 2010


IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor----------------------
Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau

[full-text, 16 pages]
Supplemental Files Table of Contents

U.S. import prices fell 0.3 percent in September, the U.S. Bureau of Labor Statistics reported today,
following a 0.6 percent increase the previous month. Declining fuel prices more than offset an increase in
nonfuel prices. In contrast, the price index for U.S. exports rose 0.6 percent in September after a 0.8 percent
rise in August.


All Imports: Import prices fell 0.3 percent in September after rising 0.6 percent in August, the only monthly
advance since April. The index rose 3.5 percent over the past year, the smallest increase on a 12-month basis
since a 3.4 percent advance for the November 2008-09 period.

Fuel Imports: A 3.1 percent drop in fuel prices drove the September decline in import prices. The downturn
followed increases of 1.7 percent and 1.0 percent, respectively, the previous two months. Falling prices for
both petroleum products and natural gas, down 3.1 percent and 4.4 percent, respectively, contributed to the
overall decline in fuel prices. Despite the September decrease, fuel prices rose 7.1 percent over the past 12

All Imports Excluding Fuel: In contrast, nonfuel prices rose 0.3 percent for the second consecutive month
after recording similar declines of 0.3 percent in July and 0.4 percent in June. Higher prices for nonfuel
industrial supplies and materials, finished goods, and foods, feeds, and beverages all contributed to the
overall advance in September. The price index for nonfuel imports also rose over the past year, increasing 2.6
percent, an advance that was primarily driven by an 11.7 percent increase in nonfuel industrial supplies and
materials prices.  

AND MUCH MORE...including TABLES....

This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

Stuart Basefsky                  
Director, IWS News Bureau               
Institute for Workplace Studies
Cornell/ILR School                       
16 E. 34th Street, 4th Floor            
New York, NY 10016                       
Telephone: (607) 255-2703               
Fax: (607) 255-9641                      

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