NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Relative Price of Equipment Series ID: PERIC Source: DiCecio, Riccardo Release: Sticky Wages and Sectoral Labor Comovement (Not a Press Release) Seasonal Adjustment: Seasonally Adjusted Frequency: Quarterly Units: Index 2012=1 Date Range: 1947-01-01 to 2022-10-01 Last Updated: 2023-11-02 1:10 PM CDT Notes: Relative price of equipment is calculated as equipment deflator (https://fred.stlouisfed.org/series/EDEF) divided by consumption deflator (https://fred.stlouisfed.org/series/CONSDEF). For additional details see: R. DiCecio (2009). "Sticky wages and sectoral labor comovement," Journal of Economic Dynamics and Control, 33(3): 538-53. (http://dx.doi.org/10.1016/j.jedc.2008.08.003). DATE VALUE 1947-01-01 28.401742784681100 1947-04-01 29.303057245976400 1947-07-01 29.217439158996600 1947-10-01 28.517011774731300 1948-01-01 27.773255333086100 1948-04-01 28.013447682040100 1948-07-01 28.495775413456700 1948-10-01 28.761522739346800 1949-01-01 28.570274333815300 1949-04-01 28.468155375939200 1949-07-01 28.013313103346600 1949-10-01 27.198217304047300 1950-01-01 26.758194764134600 1950-04-01 26.634117873564100 1950-07-01 26.235730625018500 1950-10-01 26.256256595947500 1951-01-01 26.112435720733700 1951-04-01 26.109956390503800 1951-07-01 26.119428160732500 1951-10-01 26.042280192547200 1952-01-01 26.044426723778400 1952-04-01 26.141968027280300 1952-07-01 25.857123569193800 1952-10-01 25.619472150570900 1953-01-01 25.428991698969600 1953-04-01 25.361927688477400 1953-07-01 25.087075216887000 1953-10-01 24.664080566812400 1954-01-01 24.626731017068900 1954-04-01 24.727133390753700 1954-07-01 24.338194924844600 1954-10-01 24.376741849678600 1955-01-01 24.197373273888200 1955-04-01 24.238516368065700 1955-07-01 24.403388637052700 1955-10-01 24.496857619413400 1956-01-01 24.356137118364400 1956-04-01 24.190417844316800 1956-07-01 24.284872717048200 1956-10-01 24.388784700833400 1957-01-01 24.558049488527300 1957-04-01 24.299995672210400 1957-07-01 24.035899772545400 1957-10-01 23.956818303642700 1958-01-01 23.285521404238400 1958-04-01 22.997290137378200 1958-07-01 22.636657453487700 1958-10-01 22.317660761653000 1959-01-01 22.011230780003300 1959-04-01 21.771788166188700 1959-07-01 21.509969892546600 1959-10-01 21.269496365469200 1960-01-01 21.106027273593300 1960-04-01 21.004318905581000 1960-07-01 20.876810439566500 1960-10-01 20.696545619786000 1961-01-01 20.563492104424100 1961-04-01 20.495907275638100 1961-07-01 20.354652737114300 1961-10-01 20.281715305667100 1962-01-01 20.176157818994300 1962-04-01 20.058702700123200 1962-07-01 19.931750406548000 1962-10-01 19.656965709735000 1963-01-01 19.413521719300500 1963-04-01 19.214943111141300 1963-07-01 19.000985634715900 1963-10-01 18.836282815959200 1964-01-01 18.691394716100800 1964-04-01 18.584654290589400 1964-07-01 18.411413308324300 1964-10-01 18.210219262399600 1965-01-01 18.047199263985600 1965-04-01 17.787082036999100 1965-07-01 17.612246098835300 1965-10-01 17.313968547423400 1966-01-01 16.978918240152600 1966-04-01 16.743174562502300 1966-07-01 16.535815784943100 1966-10-01 16.420757684864200 1967-01-01 16.368438075189000 1967-04-01 16.279876265969500 1967-07-01 16.127279752250200 1967-10-01 15.980532347425000 1968-01-01 15.715270317474600 1968-04-01 15.566157070240700 1968-07-01 15.443426116879200 1968-10-01 15.367410406758600 1969-01-01 15.233854695183900 1969-04-01 15.088900511536800 1969-07-01 15.012908999956700 1969-10-01 14.962306200144100 1970-01-01 14.942070426577300 1970-04-01 14.899728846915100 1970-07-01 14.842585619091400 1970-10-01 14.796050350985600 1971-01-01 14.776571761356500 1971-04-01 14.629412533073700 1971-07-01 14.406732148652800 1971-10-01 14.208990803961400 1972-01-01 14.067058348883000 1972-04-01 13.997097380939400 1972-07-01 13.874620026003100 1972-10-01 13.716762079508900 1973-01-01 13.635108496026100 1973-04-01 13.446541269403900 1973-07-01 13.164263262509200 1973-10-01 12.703374016850000 1974-01-01 12.190779108628400 1974-04-01 11.985433187535300 1974-07-01 12.102626310561600 1974-10-01 12.421183563853600 1975-01-01 12.875767247120600 1975-04-01 13.188307317666200 1975-07-01 13.103155381937800 1975-10-01 12.979738976421100 1976-01-01 12.859568302647600 1976-04-01 12.700647887923400 1976-07-01 12.484862246247200 1976-10-01 12.304265098310800 1977-01-01 12.088237571124700 1977-04-01 11.899237142992500 1977-07-01 11.806752928983800 1977-10-01 11.780429486445500 1978-01-01 11.707032849611200 1978-04-01 11.540452653920500 1978-07-01 11.378089644840200 1978-10-01 11.155203667289900 1979-01-01 10.963298663607700 1979-04-01 10.679796979563100 1979-07-01 10.413570562582800 1979-10-01 10.193020922576800 1980-01-01 10.021472533575000 1980-04-01 9.931636092696620 1980-07-01 9.841188439093120 1980-10-01 9.698490365415480 1981-01-01 9.612368729494160 1981-04-01 9.644622762463520 1981-07-01 9.622275178750300 1981-10-01 9.629865245313210 1982-01-01 9.636376528118020 1982-04-01 9.698265164055200 1982-07-01 9.614257087326390 1982-10-01 9.544630076626240 1983-01-01 9.444518090990780 1983-04-01 9.265868347703970 1983-07-01 9.008464949164500 1983-10-01 8.818909718669580 1984-01-01 8.544514330595320 1984-04-01 8.336205803835040 1984-07-01 8.164871169314060 1984-10-01 8.045897958719620 1985-01-01 7.915825527354770 1985-04-01 7.816122395063670 1985-07-01 7.710773253947200 1985-10-01 7.620924584218420 1986-01-01 7.486955742634440 1986-04-01 7.493112835563200 1986-07-01 7.456526072177160 1986-10-01 7.385391437703370 1987-01-01 7.257794028460890 1987-04-01 7.101061516121180 1987-07-01 6.953149371280790 1987-10-01 6.907431572901240 1988-01-01 6.840144692024080 1988-04-01 6.740387798363670 1988-07-01 6.628817241805050 1988-10-01 6.600973775237520 1989-01-01 6.510479043837720 1989-04-01 6.382318366455900 1989-07-01 6.337516968838150 1989-10-01 6.274893734602170 1990-01-01 6.166622776354950 1990-04-01 6.074452765189060 1990-07-01 5.992053234395530 1990-10-01 5.928097738134580 1991-01-01 5.913795547781150 1991-04-01 5.827750780291970 1991-07-01 5.727301847271260 1991-10-01 5.643265614703260 1992-01-01 5.576755155118740 1992-04-01 5.475198133295660 1992-07-01 5.393962364274250 1992-10-01 5.294023470349940 1993-01-01 5.230654130231560 1993-04-01 5.155923471772020 1993-07-01 5.093421687136930 1993-10-01 5.028808047726480 1994-01-01 5.001077841861750 1994-04-01 4.953699278039760 1994-07-01 4.876513312003150 1994-10-01 4.787158608392810 1995-01-01 4.708863079669600 1995-04-01 4.651164688032420 1995-07-01 4.580694086888990 1995-10-01 4.500714031206280 1996-01-01 4.404856520626920 1996-04-01 4.300551217007590 1996-07-01 4.240134137044840 1996-10-01 4.168501311881060 1997-01-01 4.096382341733430 1997-04-01 4.030321090775160 1997-07-01 3.965973652346300 1997-10-01 3.885351266804710 1998-01-01 3.790911507112280 1998-04-01 3.698385655428640 1998-07-01 3.608394793737760 1998-10-01 3.521164758193120 1999-01-01 3.451321604018980 1999-04-01 3.359343591562060 1999-07-01 3.271058256502550 1999-10-01 3.200012374474400 2000-01-01 3.134317651251180 2000-04-01 3.078999610758770 2000-07-01 3.018242848882620 2000-10-01 2.950940089318470 2001-01-01 2.862460522725390 2001-04-01 2.800861398536100 2001-07-01 2.750186571330220 2001-10-01 2.705559395369000 2002-01-01 2.657003026024400 2002-04-01 2.597694644258920 2002-07-01 2.528295763091070 2002-10-01 2.485067248401750 2003-01-01 2.412276315609210 2003-04-01 2.369925337156170 2003-07-01 2.310768048136500 2003-10-01 2.280445226550560 2004-01-01 2.244922077248590 2004-04-01 2.223673507492600 2004-07-01 2.182716461790050 2004-10-01 2.150049689841200 2005-01-01 2.127356223943010 2005-04-01 2.092760299386270 2005-07-01 2.031310170474550 2005-10-01 1.988936284025260 2006-01-01 1.958346489648490 2006-04-01 1.919484109350400 2006-07-01 1.896002695699630 2006-10-01 1.889111782442690 2007-01-01 1.855863940923390 2007-04-01 1.821818469158550 2007-07-01 1.781248314574910 2007-10-01 1.729828228143670 2008-01-01 1.691430314250270 2008-04-01 1.650256327302050 2008-07-01 1.628783206243410 2008-10-01 1.682033146331740 2009-01-01 1.669796348259330 2009-04-01 1.635636541195240 2009-07-01 1.592342030404140 2009-10-01 1.546932609084270 2010-01-01 1.505562548352830 2010-04-01 1.486791079534210 2010-07-01 1.473302455593090 2010-10-01 1.452951771959990 2011-01-01 1.430543210088140 2011-04-01 1.410826062475480 2011-07-01 1.390866038363760 2011-10-01 1.374574255728290 2012-01-01 1.354368671496830 2012-04-01 1.336661400439370 2012-07-01 1.323782308410000 2012-10-01 1.308724026614230 2013-01-01 1.291187399223970 2013-04-01 1.276569230560900 2013-07-01 1.258714867719470 2013-10-01 1.238419754972580 2014-01-01 1.219981873000860 2014-04-01 1.203046639335750 2014-07-01 1.185709675228210 2014-10-01 1.173442842287680 2015-01-01 1.162820751289800 2015-04-01 1.140491645958240 2015-07-01 1.118832951920650 2015-10-01 1.104079196963580 2016-01-01 1.087326916391380 2016-04-01 1.065279503897490 2016-07-01 1.047938332755020 2016-10-01 1.031350077079240 2017-01-01 1.018736355859090 2017-04-01 1.007602850342730 2017-07-01 0.994465122898487 2017-10-01 0.979525680655073 2018-01-01 0.963519003158842 2018-04-01 0.949601948502744 2018-07-01 0.941562052741685 2018-10-01 0.927527309227858 2019-01-01 0.919458679942547 2019-04-01 0.904923346634553 2019-07-01 0.891602839126004 2019-10-01 0.877525821409626 2020-01-01 0.868995328790088 2020-04-01 0.865356721068311 2020-07-01 0.847593168330864 2020-10-01 0.831762788968253 2021-01-01 0.818533302569954 2021-04-01 0.793837994503419 2021-07-01 0.786277491961802 2021-10-01 0.778786253329426 2022-01-01 0.774498253200550 2022-04-01 0.770463759584159 2022-07-01 0.768724609848674 2022-10-01 0.768947713565520