The relative importance of farm products and processed foods and feeds decreased overall from 2002 to 2007.
Between 2002 and 2007, the relative importance of slaughter cattle decreased 26.
The relative importance of confectionery end products fell 7.
In contrast, the relative importance of cotton increased 16.
The relative importance of textile products and apparel declined significantly between 2002 and 2007, as U.
Producer Price Index weights are published in the form of relative importance data.
Thus, an individual item whose value of shipments also increased about 20 percent would have a revised relative importance about the same as its former relative importance.
The December 1995 relative importance of civilian aircraft shifted from 2.
Some categories, however, registered a diminished relative importance following the weight shift.
The relative importance of capital equipment with respect to total finished goods was 24.
Among the major groups, the largest difference in relative importances between the old series and the revised CPI was in the housing category.
This shift in relative importances reflects a geographic shift of the population into the southern and western regions as well as changing relative prices among the fuels between the early 1970's and early 1980's.
Somewhat offsetting these shifts were smaller relative importances for personal care goods and services, as well as for tobacco products.
The December 1986 relative importance for the food and beverages category was 17.
The second factor in the lower relative importance of the transportation component was the shift in the weights of new and used vehicles--the 1982-84 based relative importance of used vehicles is sharply lower and that for new vehicles, substantially higher.