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Cola 2012/13
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<blockquote data-quote="JonFrum" data-source="post: 1042159" data-attributes="member: 18044"><p>Actually the Bureau of Labor Statistics is pretty good about calculating the CPI. They calculate three main versions and give extensive analysis and breakdown of each. The problem is people and politicans quote the wrong index, or misinterpret the data, or cherry-pick to prove their point. Just like with the unemployment numbers and other Government statistics. </p><p></p><p>I think you are talking about the "chained" CPI (<strong>C-CPI-U</strong>.)</p><p></p><p>The major CPI is <strong>CPI-U</strong>.</p><p></p><p>The one our Contract uses is <strong>CPI-W</strong>, for workers, <u>not</u> seasonally adjusted. The Government still releases all three each month, but back in March, stopped making our CPI-W easily available!!! You can still find it with extra effort, but news reporters don't do that, so most casual readers will probably be quoting the wrong one from the monthly headlines.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 1042159, member: 18044"] Actually the Bureau of Labor Statistics is pretty good about calculating the CPI. They calculate three main versions and give extensive analysis and breakdown of each. The problem is people and politicans quote the wrong index, or misinterpret the data, or cherry-pick to prove their point. Just like with the unemployment numbers and other Government statistics. I think you are talking about the "chained" CPI ([B]C-CPI-U[/B].) The major CPI is [B]CPI-U[/B]. The one our Contract uses is [B]CPI-W[/B], for workers, [U]not[/U] seasonally adjusted. The Government still releases all three each month, but back in March, stopped making our CPI-W easily available!!! You can still find it with extra effort, but news reporters don't do that, so most casual readers will probably be quoting the wrong one from the monthly headlines. [/QUOTE]
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