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Producer Price Indexes – September 2004

Producer Price Indexes – September 2004

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Among services industries, prices received by the scheduled passenger air transportation industry dropped 3.4 percent in September, following a 1.4-percent advance in August. The industry indexes for investment bankers and securities dealers, lessors of non-residential buildings (excluding miniwarehouses), wired telecommunications carriers, casino hotels, and passenger car rental also turned down in September, after rising a month earlier. Prices received by hotels (excluding casino hotels) and motels fell at a quicker pace than they did in August. By contrast, the industry index for securities brokerages increased 0.7 percent in September, compared with a 3.3-percent decrease in the prior month. Prices received by general medical and surgical hospitals and television broadcasters also turned up, following August declines, while the industry index for portfolio managers rose at a faster rate in September than it did in the preceding month.

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