Package 'realtalk'

Title: Price index data for the US economy
Description: Makes it easy to use US price index data like the CPI.
Authors: Ben Zipperer [aut, cre], Economic Policy Institute [cph, fnd]
Maintainer: Ben Zipperer <[email protected]>
License: MIT + file LICENSE
Version: 0.17.0
Built: 2024-11-13 16:37:40 UTC
Source: https://github.com/economic/realtalk

Help Index


Price indexes available in the realtalk package

Description

Price indexes available in the realtalk package

Usage

available_price_indexes

Format

The data frame available_price_indexes shows which datasets are available from the ⁠realtalk package⁠. It has six columns:

data_source

Short price index name

frequency

time frequency of data available)

seasonal

seasonally adjustment status of the data

min_date

first date of availability

max_date

last date of availability

package_data_name

internal data name of the series

Use the package_data_name value to load a specific series.

Examples

available_price_indexes

Chained Consumer Price Index for Urban Consumers (C-CPI-U) data

Description

Monthly, quarterly, or annual C-CPI-U price indexes

Usage

c_cpi_u_monthly_nsa

c_cpi_u_quarterly_nsa

c_cpi_u_annual

Format

The data frame c_cpi_u_monthly_nsa contains not-seasonally adjusted monthly price index levels of the Chained CPI-U (C-CPI-U). It has three columns:

year

numeric year

month

numeric calendar month (1-12)

c_cpi_u

value of the C-CPI-U price index

The data frame c_cpi_u_quarterly_nsa contains not-seasonally adjusted quarterly price index levels of the Chained CPI-U (C-CPI-U). It has three columns:

year

numeric year

quarter

numeric calendar quarter (1-4)

c_cpi_u

value of the C-CPI-U price index

The data frame c_cpi_u_annual contains the annual price index level of the Chained CPI-U (C-CPI-U). It has two columns:

year

numeric year

c_cpi_u

value of the C-CPI-U price index

Source

The monthly series cpi_u_monthly_nsa is taken from https://www.bls.gov/cpi/. The quarterly series cpi_u_quarterly_nsa series is the quarterly mean.

See Also

cpi_u_rs_monthly_nsa and cpi_u_rs_annual for the CPI-U-RS, a CPI index that is consistently defined over time and goes back to 1978.

Examples

c_cpi_u_monthly_nsa

Extended Chained Consumer Price Index for Urban Consumers (C-CPI-U)

Description

The monthly, quarterly, or annual C-CPI-U series extended to 1937 through the present, based on CPI-U-RS, CPI-U, and CPI-U-X1.

Usage

c_cpi_u_extended_monthly_nsa

c_cpi_u_extended_monthly_sa

c_cpi_u_extended_quarterly_nsa

c_cpi_u_extended_quarterly_sa

c_cpi_u_extended_annual

Format

The extended C-CPI-U series uses the C-CPI-U since 2000 and extends it retroactively by merging it to the CPI-U-RS (1978-1999), CPI-U-X1 (1967-1977), and CPI-U (1966 and before).

The data frames c_cpi_u_extended_monthly_nsa and c_cpi_u_extended_monthly_sa contain, respectively, the not-seasonally and seasonally adjusted price index levels of the extended C-CPI-U. They have three columns:

year

numeric year

month

numeric calendar month (1-12)

c_cpi_u_extended

value of the C-CPI-U extended price index

The data frames c_cpi_u_extended_quarterly_nsa and c_cpi_u_extended_quarterly_sa are the quarterly versions of these series. They have three columns:

year

numeric year

quarter

numeric calendar quarter (1-4)

c_cpi_u_extended

value of the C-CPI-U extended price index

The data frame ⁠c_cpi_u_extended annual⁠ contains the annual price index level of the extended C-CPI-U. It has two columns:

year

numeric year

c_cpi_u_extended

value of the C-CPI-U extended price index

Source

The seasonal adjustment in c_cpi_u_extended_monthly_sa is simply a multiplication of the non-seasonally adjusted c_cpi_u_extended_monthly_nsa values by the ratio of the cpi_u_monthly_sa to cpi_u_monthly_nsa. The quarterly c_cpi_u_extended_quarterly_nsa and c_cpi_u_extended_quarterly_sa series are the quarterly means of their respective monthly series.

For annual statistics, the U.S. Census Bureau currently uses a similar combination of price indexes to extend the C-CPI-U: https://www.census.gov/topics/income-poverty/income/guidance/current-vs-constant-dollars.html.

Examples

c_cpi_u_extended_annual

Consumer Price Index for Urban Consumers (CPI-U) data

Description

Monthly, quarterly, or annual CPI-U price indexes

Usage

cpi_u_monthly_nsa

cpi_u_monthly_sa

cpi_u_quarterly_nsa

cpi_u_quarterly_sa

cpi_u_annual

Format

The data frames cpi_u_monthly_sa and cpi_u_monthly_nsa contain, respectively, seasonally adjusted or not seasonally adjusted monthly price index levels of the CPI-U. They have three columns:

year

numeric year

month

numeric calendar month (1-12)

cpi_u

value of the CPI-U price index

#' @format The data frames cpi_u_quarterly_sa and cpi_u_quarterly_nsa contain, respectively, seasonally adjusted or not seasonally adjusted quarterly price index levels of the CPI-U. They have three columns:

year

numeric year

quarter

numeric calendar quarter (1-4)

cpi_u

value of the CPI-U price index

The data frame cpi_u_annual contains the annual price index level of the CPI-U. It has two columns:

year

numeric year

cpi_u

value of the CPI-U price index

Source

https://www.bls.gov/cpi/

See Also

cpi_u_rs_monthly_nsa and cpi_u_rs_annual for the CPI-U-RS, an index that is more consistent over time than the CPI-U and incorporates more recent improvements to the CPI-U into the entire time series. The quarterly cpi_u_quarterly_nsa and cpi_u_quarterly_sa series are the quarterly means of their respective monthly series.

Examples

cpi_u_monthly_nsa

Consumer Price Index for Urban Consumers Research Series (CPI-U-RS) data

Description

Monthly or annual CPI-U-RS price indexes

Usage

cpi_u_rs_monthly_nsa

cpi_u_rs_annual

Format

The data frame cpi_u_rs_monthly_nsa contains the not seasonally adjusted monthly price index levels of the CPI-U-RS (CPI-U research series). The CPI-U-RS is more consistent over time than the CPI-U and incorporates more recent improvements to the CPI-U into the entire time series. It has three columns:

year

numeric year

month

numeric calendar month (1-12)

cpi_u_rs

value of the CPI-U-RS price index

The data frame cpi_u_rs_annual contains the annual price index level of the CPI-U-RS. It has two columns:

year

numeric year

cpi_u_rs

value of the CPI-U-RS price index

Source

https://www.bls.gov/cpi/research-series/r-cpi-u-rs-home.htm

See Also

c_cpi_u_extended_annual extends the CPI-U-RS from 1937 to the present using the c_cpi_u and other series.

Examples

cpi_u_rs_annual

Experimental Consumer Price Index for Urban Consumers X1 (CPI-U-X1) data

Description

Monthly or annual CPI-U-X1 price indexes

Usage

cpi_u_x1_monthly_nsa

cpi_u_x1_annual

Format

The data frame cpi_u_x1_monthly_nsa contains the not seasonally adjusted monthly price index levels of the CPI-U-X1 from January 1967 through December 1982. It has three columns:

year

numeric year

month

numeric calendar month (1-12)

cpi_u_x1

value of the CPI-U-X1 price index

The data frame cpi_u_x1_annual contains the annual average price index level of the CPI-U-X1. It has two columns:

year

numeric year

cpi_u_x1

value of the CPI-U-X1 price index

Source

Emailed spreadsheet from the US Bureau of Labor Statistics

See Also

c_cpi_u_extended_annual extends the CPI-U-X1 from 1937 to the present using the c_cpi_u and other series.

Examples

cpi_u_x1_annual

Get price index series as a data frame

Description

Get price index series as a data frame

Usage

get_price_index(index_name, frequency, seasonal = NA)

Arguments

index_name

Name of the price index, as specified by index name in available_price_indexes

frequency

"monthly" or "annual"

seasonal

"NSA" or "SA" for monthly data; NA (default) for annual

Value

A tibble with the requested price index

Examples

get_price_index("CPI-U-RS", "monthly", "NSA")

Personal Consumption Expenditures (PCE) price index

Description

Monthly, quarterly, or annual PCE price indexes

Usage

pce_monthly_sa

pce_quarterly_sa

pce_annual

Format

The data frame pce_monthly_sa contains seasonally adjusted monthly price index levels of the PCE. It has three columns:

year

numeric year

month

numeric calendar month (1-12)

pce

value of the PCE price index

The data frame pce_quarterly_sa contains seasonally adjusted quarterly price index levels of the PCE. It has three columns:

year

numeric year

quarter

numeric calendar quarter (1-3)

pce

value of the PCE price index

The data frame pce_annual contains the annual price index level of the PCE. It has two columns:

year

numeric year

pce

value of the PCE price index

Source

https://www.bea.gov/data/personal-consumption-expenditures-price-index

Examples

pce_annual

Example nominal US federal minimum wage data

Description

Example nominal US federal minimum wage data

Usage

us_minimum_wage_monthly

us_minimum_wage_annual

Format

The data frame us_minimum_wage_annual contains the nominal value of the annual US federal minimum wage since 1938. It has two columns:

year

numeric year

minimum_wage

maximum value of the US federal minimum wage that year

The data frame us_minimum_wage_monthly contains the nominal value of the monthly US federal minimum wage since 1938. It has three columns:

year

numeric year

year

numeric month

minimum_wage

maximum value of the US federal minimum wage that month

Source

US Department of Labor

Examples

us_minimum_wage_monthly