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CLIFTON, CO: UTU Local 500
CLIFTON, IL: IUPAT Local 467
CLIFTON, NJ: APWU Local 1629
CLIFTON, NJ: APWU Local 190
CLIFTON, NJ: CWA Local 81447
CLIFTON, NJ: IBEW Local 1158
CLIFTON, NJ: IBEW Local 1841
CLIFTON, NJ: UFCW Local 1262
CLIFTON, NJ: UFCW Local 220
CLIFTON, NJ: UFCW Local 276
CLIFTON, NJ: UTU Local 759
CLINTON TOWNSHIP, MI: BLET Local 19
CLINTON TOWNSHIP, MI: UFCW Local 1058
CLINTON TOWNSHIP, MI: UWUA Local 254
CLINTON, IA: APWU Local 725
CLINTON, IA: BLET Local 125
CLINTON, IA: IW Local 691
CLINTON, IA: NALC Local 126
CLINTON, IA: PACE Local 761
CLINTON, IA: UTU Local 316
CLINTON, IA: UWUA Local 526
CLINTON, IL: NALC Local 861
CLINTON, IN: AFM Local 25
CLINTON, MA: CWA Local 1370
CLINTON, ME: BLET Local 72
CLINTON, ME: IBEW Local 1750
CLINTON, ME: IW Local 496
CLINTON, MS: GCC Local 734
CLINTON, NC: NALC Local 3970
CLINTON, NY: IAM Local 2310
CLINTON, OH: UAW Local 1094
CLINTON, OK: APWU Local 1499
CLINTON, PA: HFIAW Local 2
CLINTON, TN: BRS Local 158
CLINTON, TN: UTU Local 750
CLINTON, WI: UAW Local 77
CLINTWOOD, VA: UMWA Local 2354
CLOQUET, MN: NALC Local 1243
CLOQUET, MN: PACE Local 63
CLOQUET, MN: SEIU Local 939
 

How is the Consumer Price Index (CPI) used?

The Consumer Price Index affects nearly all Americans because of the many ways it is used. Three major uses are:

As an economic indicator: The CPI is the most widely used measure of inflation and is sometimes viewed as an indicator of the effectiveness of government economic policy. It provides information about price changes in the Nation's economy to government, business, labor, and other private citizens, and is used by them as a guide to making economic decisions. In addition, the President, Congress, and the Federal Reserve Board use trends in the CPI to aid in formulating fiscal and monetary policies.

As a deflator of other economic series: The CPI and its components are used to adjust other economic series for price changes and to translate these series into inflation-free dollars. Examples of series adjusted by the CPI include retail sales, hourly and weekly earnings, and components of the national income and product accounts. An interesting example of this is the use of the CPI as a deflator of the value of the consumer's dollar to find its purchasing power. The purchasing power of the consumer's dollar measures the change in the value to the consumer of goods and services that a dollar will buy at different dates. In other words, as prices increase, the purchasing power of the consumer's dollar declines.

As a means of adjusting dollar values: The CPI is often used to adjust consumers' income payments, for example, Social Security; to adjust income eligibility levels for government assistance; and to automatically provide cost-of-living wage adjustments to millions of American workers. The CPI affects the income of about 80 million persons as a result of statutory action: 48.4 million Social Security beneficiaries, about 19.8 million food stamp recipients, and about 4.2 million military and Federal Civil Service retirees and survivors. Changes in the CPI also affect the cost of lunches for 26.5 million children who eat lunch at school, while collective bargaining agreements that tie wages to the CPI cover over 2 million workers. Another example of how dollar values may be adjusted is the use of the CPI to adjust the Federal income tax structure. These adjustments prevent inflation-induced increases in tax rates, an effect called "bracket creep".

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