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Price sleuth keeps tabs on living costs in U.S.
Loretta Petracca and 350 data collectors in 85 cities price a wide basket of goods for the Labor Department CPI. The monthly index rose 1.1 percent in December, with 1 percent moves boosting incomes under many collective bargaining and Social Security provisions. Petracca surveys stores, weighs goods, and records prices across categories from groceries to tires, clothing, and transit. Prices rarely drop, she notes, and the CPI affects pay scales and policy nationwide.
MENTIONED IN THIS ARTICLE
Pittsburgh
Loretta Petracca
United States
Labor Department
CPI
Petracea
Mount Lebanon
Petracca
Washington