Consumer Price Index for All Urban Wage Earners and Clerical Workers: Services in U.S. City Average
CWUR0000SAS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
412.41
Year-over-Year Change
3.88%
Date Range
3/1/1942 - 6/1/2025
Summary
The Consumer Price Index for All Urban Wage Earners and Clerical Workers: Services in U.S. City Average tracks inflation in the service sector of the U.S. economy. This metric is a key indicator of overall price pressures and consumer purchasing power.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index measures changes over time in the prices paid by urban wage earners and clerical workers for a representative basket of services, including housing, utilities, transportation, and other non-goods categories. It is a widely referenced economic indicator for gauging inflationary trends and consumer cost-of-living.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers at the Federal Reserve and other institutions closely monitor this index to help guide monetary policy decisions.
Key Facts
- The services component accounts for over 60% of the overall CPI.
- Service inflation tends to be stickier than goods inflation.
- The CPI services index has risen 3.1% over the past year.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices paid by urban consumers for a representative basket of services, including housing, utilities, transportation, and other non-goods categories.
Q: Why is this trend relevant for users or analysts?
A: The CPI services index is a key indicator of overall inflationary pressures and consumer purchasing power, making it important for policymakers, economists, and consumers to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers at the Federal Reserve and other institutions closely monitor this index to help guide monetary policy decisions aimed at maintaining price stability and supporting economic growth.
Q: Are there update delays or limitations?
A: The CPI services index is published monthly with a relatively short lag, providing timely data for analysts and policymakers.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Wage Earners and Clerical Workers: Services in U.S. City Average (CWUR0000SAS), retrieved from FRED.