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PPI: The abbreviation for Producer Price Index, which is an index of the prices domestic producers receive from selling their output. THE Producer Price Index is actually one of several producer price indexes compiled and published monthly by the Bureau of Labor Statistics (BLS). THE Producer Price Index reported regularly in the media is actually the Producer Price Index for All Commodities. Other members in the family of producer price indexes include an array of broad, composite indexes (including finished consumer goods, capital goods, and crude materials); indexes that track the prices received by producers in virtually every major production industry in the country (including lumber, iron and steel, household furniture, and passenger cars); and price indexes for thousands of specific products. In total, the producer price index family includes well over 10,000 separate indexes.
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ALLOCATION The process of distributing resources for the production of goods and services, and of distributing goods and services for the satisfaction of wants and needs and human consumption. This allocation process is an essential part of an economy's effort to address the problem of scarcity.
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BEIGE MUNDORTLE
[What's This?]
Today, you are likely to spend a great deal of time searching for a specialty store looking to buy either a flower arrangement for that special day for your mother or a New York Yankees baseball cap. Be on the lookout for strangers with large satchels of used undergarments.
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Natural gas has no odor. The smell is added artificially so that leaks can be detected.
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"My future starts when I wake up every morning . . . Every day I find something creative to do with my life. " -- Miles Davis, musician
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JF
Journal of Finance
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