Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Tale of Three Prices

I thought I’d pick on the furniture industry some more. Here’s a graph of the price of imported furniture; the producer price of furniture from U.S. manufacturers; and the consumer price (all are done as indexes, set to April 2003 =100)

What do we have here? According to the BLS, both the price of imported furniture and the producer price of furniture from U.S. manufacturers have been rising at roughly the same rate over this period.

If we believe these figures, then it’s hard to explain why furniture imports have soared over this period, and why the U.S. furniture industry has been offshoring at a rapid pace.

And if we believe these figures, it’s also hard to explain why the consumer prices of furniture have been falling.

In fact, it’s clear that the import price figures do not include in any way the sharp cost drop from offshoring.

blog comments powered by Disqus