Contract 2020-096A RRDocusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
SECOND AMENDMENT TO AGREEMENT FOR
ON -CALL PROFESSIONAL CIVIL ENGINEER SERVICES
THIS AMENDMENT is entered into as of this Yd day of December 2024 and is to that
certain Agreement No. 2020-96 dated December 8, 2023, hereinafter "the Agreement", by and
between the CITY OF CLERMONT, FLORIDA, a municipal corporation under the laws of the
State of Florida whose address is: 685 W. Montrose Street, Clermont, Florida, hereinafter referred
to as "CITY" and CPH Consulting, LLC, whose address is: 500 West Fulton Street, Sanford, FL
32771 hereinafter referred to as "CONSULTANT". The parties, in exchange for the mutual
covenants contained herein and in the Agreement, agree as follows:
1. This Amendment expressly modifies the Agreement and in the event of a conflict,
the terms and conditions of this Amendment shall prevail.
2. The Compensation Schedule referred to and incorporated into the Agreement is
hereby amended to include the new billable hourly rates as more particularly described in Exhibit
"A" attached hereto and incorporated herein.
3. All other terms and conditions set forth in the Agreement shall remain in full force
and effect and unchanged as agreed to by the parties.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
dates set forth below.
CITY OF CLERMONT
DocuSigned by:
4M,Mj S
431 F57D413554D6...
Freddy L. Suarez, Procurement Services Director
DS
ATTEST:
DocuSigned by:
T��y
377F34905B344A...
Tracy Ackroyd Howe, City Clerk
ON
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
CPH CONSULTING, LLC
DocuSigned by:
5av�.id,
By: 6906EBF7419740D...
Print Name: David E. Mahler
Title: C.O.O. - Public Services
Date: 12/4/2024
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
EXHIBIT A
CPH CONSULTING, LLC
City of Clermont
Contract #2020-96
On -Call Professional Civil Engineering Services
Requested Rate Increase of 10%, based on PPI of 2.4% over a four-year
Billable Hourly Rate Computation period.
Individual classification for personnel hourly rates are as follows:
Position Classification
Originally Approved Rate
Requested New Rate
Principal
$190.00
$209.00
Senior Project Manager
$180.00
$198.00
Project Manager
$160.00
$176.00
Senior Project Engineer
$140.00
$154.00
Project Engineer
$120.00
$132.00
Principal Traffic Engineer
$180.00
$198.00
Senior Traffic Engineer
$135.00
$148.50
Traffic Engineer
$120.00
$132.00
Traffic Analyst
$115.00
$126.50
Principal Environmental Scientist
$175.00
$192.50
Senior Environmental Scientist
$135.00
$148.50
Lead Environmental Scientist
$105.00
$115.50
Environmental Scientist
$95.00
$104.50
GIS Analyst
$105.00
$115.50
Arborist
$125.00
$137.50
Principal Planner
$170.00
$187.00
Senior Planner
$140.00
$154.00
Planner
$100.00
$110.00
Principal Architect
$180.00
$198.00
Senior Architect
$160.00
$176.00
Architect
$140.00
$154.00
Senior Architectural Manager
$130.00
$143.00
Architectural Manager
$125.00
$137.50
Senior Architectural Designer
$120.00
$132.00
Architectural Designer
$105.00
$115.50
Principal Structural Engineer
$180.00
$198.00
Senior Structural Engineer
$150.00
$165.00
Structural Engineer
$120.00
$132.00
Principal MEP Engineer
$180.00
$198.00
Senior MEP Project Engineer
$155.00
$170.50
MEP Project Engineer
$125.00
$137.50
Senior Graphic Designer
$140.00
$154.00
Graphic Designer
$80.00
$88.00
Principal Landscape Architect
$170.00
$187.00
Senior Landscape Architect
$140.00
$154.00
Landscape Architect
$105.00
$115.50
Senior Landscape Designer
$100.00
$110.00
Landscape Designer
$85.00
$93.50
Project Coordinator
$90.00
$99.00
Senior Project Designer
$135.00
$148.50
Project Designer
$115.00
$126.50
Senior Design Technician
$105.00
$115.50
Design Technician
$95.00
$104.50
CADD Technician
$75.00
$82.50
1 of 2
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
Individual classification for personnel hourly rates are as follows
Position Classification
Originally Approved Rate
Requested New Rate
lAdministrative
$75.00
$82.50
Clerical
$60.00
$66.00
Network Admin. (1)
$80.00
$88.00
Senior Construction Manager
$120.00
$132.00
lConstruction Manager
$105.00
$115.50
lConstruction Field Representative II
$110.00
$121.00
lConstruction Field Representative 1
$80.00
$88.00
1
1 Principal Surveyor
$170.00
$187.00
Senior Professional Surveyor
$130.00
$143.00
Professional Surveyor and Mapper
$125.00
$137.50
Field Technician/Designer
$105.00
$115.50
Surveyor in Training
$100.00
$110.00
Survey Project Manager/CADD
$120.00
$132.00
Field Crew Coordinator
$110.00
$121.00
Survey Party Chief
$85.00
$93.50
Survey Instrument Man
$70.00
$77.00
Senior Survey CADD Technician
$110.00
$121.00
Survey CADD Technician
$75.00
$82.50
(Survey Crew (2 Man) *
$155.00
$170.50
Survey Crew (Construction Staking - 2 Man) *
$180.00
$198.00
Survey Crew (3 Man) *
$225.00
$247.50
�GPS (1 Man) / Robotics*
$145.00
$159.50
�GPS (2 Man) / Robotics*
$180.00
$198.00
1 Man Scanner/Laser Survey Crew*
$265.00
$291.50
12 Man Scanner/Laser Survey Crew*
1
$290.00
$319.00
2 of 2
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
500 West Fulton Street
Sanford, FL 32771
Phone: 407.322.6841
Fax: 407.330.0639
December 2, 2024
Ms. Anabel Gates
City of Clermont
Procurement Coordinator
685 W. Montrose Street
Clermont, FL 34711
Re: Contract Renewal for On -Call Professional Civil Engineer Services, No. 2020-96
Dear Ms. Gates,
CPH respectfully requests consideration for an increase in our negotiated rates based on
the increase to the PPI of 2.4% over the past twelve-month period. A copy of the current
PPI data is attached for your review. The current labor market has had a tremendous
impact on salaries and in order to be competitive, we respectfully request an increase to
our billing rates.
Our rates have not been adjusted since the beginning of this agreement in December of
2020. Based on the PPI year to year cost increase over this time span, we request an
increase of 10% to the original contracted rates. Please review the included spreadsheet
which applies the requested increase to the original rates. Please let me know if the City
finds this request acceptable.
If you have any questions or need any additional information, please contact me at 407-
322-6841 or via email at imooreCcDcphcorp.com.
Sincerely,
CPH Consulting, LLC
Corey Moore
w w w. c p h c o r p. c o m
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
U.S. BUREAU OF LABOR STATISTICS
Bureau of Labor Statistics > Economic News Release > Producer Price Index
Economic News Release
Producer Price Index News Release summary
Transmission of material in this release is embargoed until
8:30 a.m. (ET) Thursday, November 14, 2024
Technical information: (202) 691-7705 * ppi-info@bls.gov * www.bls.gov/ppi
Media contact: (202) 691-5902 * PressOffice@bls.gov
PRODUCER PRICE INDEXES - OCTOBER 2024
USDL 24-2305
The Producer Price Index for final demand increased 0.2 percent in October, seasonally adjusted,
the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.1 percent in
September and 0.2 percent in August. (See table A.) On an unadjusted basis, the index for final
demand moved up 2.4 percent for the 12 months ended in October.
In October, most of the rise in final demand prices can be traced to a 0.3-percent advance in the
index for final demand services. Prices for final demand goods inched up 0.1 percent.
The index for final demand less foods, energy, and trade services increased 0.3 percent in
October after moving up 0.1 percent in September. For the 12 months ended in October, prices
for final demand less foods, energy, and trade services rose 3.5 percent.
Final Demand
Final demand services: The index for final demand services increased 0.3 percent in October after
rising 0.2 percent in September. Over three -fourths of the broad -based advance in October is
attributable to prices for final demand services less trade, transportation, and warehousing, which
moved up 0.3 percent. The indexes for final demand transportation and warehousing services and for
final demand trade services also increased, 0.5 percent and 0.1 percent, respectively. (Trade indexes
measure changes in margins received by wholesalers and retailers.)
Product detail: Over one-third of the rise in the index for final demand services can be traced to
prices for portfolio management, which advanced 3.6 percent. The indexes for machinery and vehicle
wholesaling; airline passenger services; computer hardware, software, and supplies retailing;
outpatient care (partial); and cable and satellite subscriber services also moved higher. In contrast,
margins for apparel, footwear, and accessories retailing fell 3.7 percent. Prices for securities
brokerage, dealing, investment advice, and related services and for truck transportation of freight also
declined. (See table 2.)
Final demand goods: The index for final demand goods inched up 0.1 percent in October following
two consecutive decreases. The advance can be traced to a 0.3-percent rise in prices for final demand
goods less foods and energy. Conversely, the indexes for final demand energy and for final demand
foods declined 0.3 percent and 0.2 percent, respectively.
Product detail: An 8.4-percent increase in the index for carbon steel scrap was a major factor in the
advance in prices for final demand goods. The indexes for meats, diesel fuel, fresh and dry
vegetables, and oilseeds also moved higher. In contrast, prices for liquefied petroleum gas fell 18.1
percent. The indexes for chicken eggs, processed poultry, and ethanol also decreased.
Table A. Monthly and 12-month percent changes in selected final demand price indexes, seasonally adjusted
Change
Final demand goods
Final demand services
in final
demand
less
Final
Change
foods,
demand
in final
energy,
less
demand
and
foods,
Less
from 12
trade
Total
energy,
foods
Transportation
months
from 12
final
and
and
and
ago
mo. ago
Month
demand
trade
Total
Foods
Energy
energy
Total
Trade
warehousing
Other
(unadj.)
(unadj.)
2023
Oct.
-0.3
0.1
-1.2
0.2
-6.4
0.1
0.1
0.0
0.5
0.1
1.1
2.8
Nov.
0.1
0.1
-0.2
0.7
-2.0
0.1
0.2
0.4
-0.2
0.1
0.8
2.5
Dec.
-0.1
0.3
-0.1
0.0
-0.8
0.1
-0.1
-1.2
-0.2
0.5
1.1
2.7
2024
Jan.
0.4
0.6
-0.1
-0.3
-1.1
0.3I
0.61
0.1
-0.2
0.9
1.0
2.7
Feb.
0.6
0.4
1.1
1.0
3.9
0.3
0.3
0.3
1.2
0.3
1.6
2.8
Footnotes
(1)_Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for June 2024 through September
2024 have been revised to reflect the availability of late reports and corrections by respondents.
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
Change
Final demand goods
Final
demand services
in final
demand
less
Final
Change
foods,
demand
in final
energy,
less
demand
and
foods,
Less
from 12
trade
Total
energy,
foods
Transportation
months
from 12
final
and
and
and
ago
mo. ago
Month
demand
trade
Total
Foods
Energy
energy
Total
Trade
warehousing
Other
(unadj.)
(unadj.)
Mar.
0.0
0.2
-0.2
0.4
0.3
-0.8
-1.2
1.8
0.0
0.3
0.1
0.6
-0.4
0.5
0.2
-0.5
0.3
0.7
2.9
2.0
Apr.
_
0.5
0.5
2.3
3.2
May
0.0
0.2
-0.8
-0.1
-4.6
0.2
0.4
0.8
-0.8
0.3
2.5
3.4
June(j)
0.4
0.2
-0.3
0.1
-2.0
0.1
0.7
1.9
-0.1
0.3
2.9
3.4
July(!)
0.0
0.4
0.6
0.6
1.7
0.2
-0.2
-1.8
1.2
0.4
2.4
3.5
Aug.(i)
0.2
0.2
-0.1
0.2
-1.1
0.2
0.4
0.8
-0.9
0.3
2.0
3.5
Sept.(i)
0.1
0.1
-0.2
1.0
-2.8
0.1
0.2
0.3
0.0
0.1
1.9
3.3
Oct.
0.3
2.4
0.2
0.3
0.1
-0.2
-0.3
0.3
0.3
0.1
0.5
3.5
Footnotes
(1)-Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for June 2024 through September
2024 have been revised to reflect the availability of late reports and corrections by respondents.
Intermediate Demand by Commodity Type
Within intermediate demand in October, prices for processed goods rose 0.5 percent, the index for
unprocessed goods jumped 4.1 percent, and prices for services inched up 0.1 percent. (See tables B
and C.)
Processed goods for intermediate demand: The index for processed goods for intermediate
demand rose 0.5 percent in October following two consecutive declines. Sixty percent of the increase
can be attributed to a 0.4-percent advance in prices for processed materials less foods and energy.
The index for processed energy goods moved up 1.2 percent. Conversely, prices for processed foods
and feeds edged down 0.1 percent. For the 12 months ended in October, the index for processed
goods for intermediate demand fell 1.2 percent.
Product detail: A major factor in the October increase in prices for processed goods for intermediate
demand was the index for primary basic organic chemicals, which advanced 5.3 percent. Prices for
diesel fuel, commercial electric power, plastic resins and materials, nonferrous metals, and meats also
moved higher. In contrast, the index for processed poultry declined 6.6 percent. Prices for liquefied
petroleum gas and for ethanol also fell.
Unprocessed goods for intermediate demand: Prices for unprocessed goods for intermediate
demand rose 4.1 percent in October, the largest advance since moving up 4.6 percent in August 2022.
Over 80 percent of the broad -based increase in October can be attributed to a 9.9-percent jump in the
index for unprocessed energy materials. Prices for unprocessed nonfood materials less energy and for
unprocessed foodstuffs and feedstuffs also rose, 2.1 percent and 0.4 percent, respectively. For the 12
months ended in October, the index for unprocessed goods for intermediate demand declined 2.9
percent.
Product detail: Over 40 percent of the October increase in prices for unprocessed goods for
intermediate demand can be traced to a 7.3-percent advance in the index for crude petroleum. Prices
for natural gas, carbon steel scrap, slaughter cattle, slaughter poultry, and nonferrous metal ores also
rose. Conversely, the index for hay and hayseeds dropped 22.8 percent. Prices for ungraded chicken
eggs and for recyclable paper also fell.
Table B. Monthly and 12-month percent changes in selected intermediate demand price indexes for goods by commodity type,
seasonally adjusted
Processed goods for intermediate demand Unprocessed goods for intermediate demand
Total, F I I Total,
change change
Less from 12 Nonfood from 12
Foods foods months Foodstuffs materials months
and Energy and ago and Energy less ago
Month Total feeds goods energy (unadj.) Total feedstuffs materials energy _U (unadj.)
2023
Oct.
Nov.
-1.0
-0.2
-4.3
-0.1
-0.3
-4.6
-4.6
-1.6
-2.1
-2.1
-0.4
-2.1
-5.3
0.0
-14.8
-0.7
-0.5
-2.6
0.7
-14.0
Dec.
-0.4
0.1
-2.9
0.2
-2.8
-4.1
-3.3
-7.6
0.3
-18.7
2024
Jan.
Feb.
-0.1
-1.7
-1.0 0.3
5.5 0.5
-3.7
1.6
-1.5
6.4
-1.3
-13.5
1.4
0.3
-2.0
-0.3
1.6
-1.1
-1.7
-9.3
Footnotes
(1) Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for June 2024 through September
2024 have been revised to reflect the availability of late reports and corrections by respondents.
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
Processed goods for intermediate demand
Unprocessed goods for intermediate demand
Total,
Total,
change
change
Less from 12
Nonfood
from 12
Foods
foods months
Foodstuffs
materials
months
and
Energy
and ago
and
Energy
less
ago
Month
Total
feeds
goods
energy (unadj.)
Total
feedstuffs
materials
energy
(unadj.)
Mar.
-0.6
0.2
-1.0
-0.5 -1.8
-1.4
1.6
-5.4
0.5
-6.3
0.5
-0.3
1.8
0.3 -0.6
2.1
-0.6
6.0
0.5
-5.0
Apr.
May
-1.4
0.4
-7.5
0.1 -0.6
0.0
2.8
-3.9
1.9
-0.1
-0.1
0.7
-0.7
0.0 -0.2
0.6
-1.2
3.1
-0.5
1.7
J u neq)
0.6
1.5
2.4
0.1 0.8
2.1
1.9
3.2
0.4
J
1.4
J ulyq)
Aug.q)
-0.2
-0.3
-0.9
0.0 -1.3
-3.4
-1.3
-6.7
-1.2
-3.9
Sept.(i)
-0.8
1.0
-4.5
-0.1 -2.6
-1.8
3.9
-10.1
1.8
-8.4
Oct.
0.5
-0.1
1.2
0.4 -1.2
4.1
0.4
9.9
2.1
-2.9
Footnotes
(1)-Some of the
figures shown above and elsewhere in this release may differ from
those previously
reported because data for June
2024 through September
2024 have been
revised to reflect the availability of late reports and corrections by respondents.
Services for intermediate demand: Prices for services for intermediate demand moved up 0.1
percent in October, the same as in September. Leading the October advance, the index for services
less trade, transportation, and warehousing for intermediate demand rose 0.1 percent. Prices for
transportation and warehousing services for intermediate demand increased 0.4 percent. In contrast,
the index for trade services for intermediate demand fell 0.4 percent. For the 12 months ended in
October, prices for services for intermediate demand advanced 3.5 percent.
Product detail: Within the index for services for intermediate demand in October, prices for legal
services rose 1.4 percent. The indexes for portfolio management, television advertising time sales,
airline passenger services, and paper and plastics products wholesaling also moved higher.
Conversely, margins for chemicals and allied products wholesaling fell 3.2 percent. The indexes for
securities brokerage, dealing, investment advice, and related services; loan services (partial); and
truck transportation of freight also decreased.
Table C. Monthly and 12-month percent changes in selected intermediate demand price indexes for services by commodity
type, seasonally adjusted
Services for intermediate demand
Transportation Total, change
and
from 12 months
Month
Total Trade
warehousing
Other ago (unadj.)
2023
Oct.
0.0
1.5 0.4
-0.5
Nov.
0.5
1.5 -0.2
0.4
Dec.
0.5
-0.3 1.0
0.6
2024
Jan.
0.9
1.1 -0.1
1.0
Feb.
0.0
-1.7
1.0
0.3
Mar.
0.2
0.1
0.0 0.3
Apr.
0.2
-0.4
0.4 0.4
May
0.3
0.6 0.5 0.2
Juneq)
0.4
0.8 -0.3
0.5
Julyq)
0.3
0.4 0.7
0.1
Aug.(1)
0.0
0.1 -0.2
0.0
Sept.(1)
0.1
0.0 0.1
0.1
Oct.
0.1
-0.4 0.4
0.1
Footnotes
(1)-Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for June 2024 through September
2024 have been revised to reflect the availability of late
reports and corrections by respondents.
Intermediate Demand by Production
Flow
Stage 4 intermediate demand:
Prices for stage
4 intermediate demand increased 0.2 percent in
October after no change in September.
In October, the index for total goods inputs to stage 4
intermediate demand advanced
0.3 percent, and
prices for total services inputs moved up 0.1 percent.
(See table D.) Increases in
prices for diesel
fuel, portfolio management, gross rents for office
buildings, gross rents for retail
properties,
legal services, and commercial electric power outweighed
decreases in the indexes for
securities brokerage, dealing, investment advice, and related services;
loan services (partial); and
processed poultry. For the 12 months ended in October, prices for stage 4
intermediate demand rose 2.3
percent.
Stage 3 intermediate demand:
Prices for stage
3 intermediate demand rose 0.5 percent in October
3.5
3.2
3.7
3.6
3.3
3.8
3.4
3.5
4.0
3.6
3.7
3.5
3.5
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
following two consecutive declines. In October, the index for total goods inputs to stage 3
intermediate demand advanced 1.0 percent, and prices for total services inputs moved up 0.2 percent.
Increases in the indexes for diesel fuel, slaughter poultry, plastic resins and materials, slaughter
cattle, primary basic organic chemicals, and television advertising time sales outweighed falling
prices for ungraded chicken eggs, loan services (partial), and hay and hayseeds. For the 12 months
ended in October, the index for stage 3 intermediate demand moved up 1.2 percent.
Stage 2 intermediate demand: The index for stage 2 intermediate demand rose 1.5 percent in
October, the largest increase since moving up 1.9 percent in July 2023. In October, prices for total
goods inputs to stage 2 intermediate demand advanced 3.8 percent. In contrast, the index for total
services inputs edged down 0.1 percent. Increasing prices for crude petroleum, natural gas, legal
services, carbon steel scrap, broadcast and network television advertising time sales, and primary
basic organic chemicals outweighed decreases in the indexes for loan services (partial), liquified
petroleum gas, and fuels and lubricants retailing. For the 12 months ended in October, prices for
stage 2 intermediate demand fell 0.4 percent.
Stage 1 intermediate demand: The index for stage 1 intermediate demand advanced 0.3 percent in
October after declining 0.5 percent in September. In October, prices for total goods inputs to stage 1
intermediate demand rose 0.6 percent, while the index for total services inputs was unchanged.
Increases in prices for diesel fuel, primary basic organic chemicals, airline passenger services,
portfolio management, carbon steel scrap, and gross rents for office buildings outweighed decreases
in the indexes for securities brokerage, dealing, investment advice, and related services; chemicals
and allied products wholesaling; and residual fuels. For the 12 months ended in October, prices for
stage 1 intermediate demand advanced 0.4 percent.
Table D. Monthly percent changes in selected intermediate demand price indexes by production flow, seasonally adjusted
Stage 4 intermediate
Stage 3 intermediate
Stage 2 intermediate
Stage 1 intermec
demand
demand
demand
demand
Goods
Services
Goods
Services
Goods
Services
Goods 5
Month
Total
inputs
inputs
Total
inputs
inputs
Total
inputs
inputs
Total
inputs
2023
Oct.
-0.3
-0.5
-0.2
-0.5
-1.7
0.4
-0.3
-1.1
0.4
-0.4
-0.8
Nov.
0.2
-0.3
0.5
-0.2
-1.1
0.6
-1.0
-2.5
0.2
-0.2
-0.9
Dec.
0.2
0.0
0.4
-0.3
-1.6
0.7
-1.1
-3.4
0.5
-0.2
-0.7
2024
Jan.
0.6
-0.1
1.2
0.3
0.0
0.6
1.2
1.7
0.8
0.4
-0.2
Feb.
0.1
0.5
-0.2
1.0
2.5
-0.2
0.1
-0.7
0.7
0.4
1.3
Mar.
0.1
-0.3
0.4
-0.1
-0.3
0.0
-0.9
-2.5
0.1
-0.3
-0.9
Apr.
0.4
0.4
0.3
0.2
0.2
0.1
1.3
2.8
0.2
0.3
0.5
May
-0.1
-0.3
0.0
-0.3
-1.2
0.5
-0.2
-1.2
0.5
-0.7
-1.5
June(j)
0.1
-0.1
0.3
-0.1
0.7
-0.31
1.2
0.1
0.3
0.8
0.5
1.2
1.6
0.5
-0.2
0.2
0.6
-0.2
0.7
July(!)
0.5
0.2
0.7
Aug.(i)
-0.4
-0.5
-0.3
-1.1
-3.0
0.1
0.0
-0.1
0.0
-0.1
0.0
Sept.(i)
-0.1
-0.5
0.2
-1.3
-3.7
0.3
-0.5
-0.9
0.0
0.1
-0.1
Oct.
0.1
0.5
1.0
0.2
1.5
3.8
-0.1
0.3
0.6
0.2
0.3
Bate
ervices
inputs
-0.1
0.6
0.3
1.0
-0.5
0.3
0.1
0.2
0.5
0.5
0.2
0.0
0.0
Footnotes
.(1)_Some of the figures shown above and elsewhere in this release may differ from those previously reported because data for June 2024 through September
2024 have been revised to reflect the availability of late reports and corrections by respondents.
The Producer Price Index for November 2024 is scheduled to be released on Thursday, December 12, 2024,
at 8:30 a.m. (ET).
Quality Changes for 2025 Model Vehicles
In accordance with usual practice, most new -model -year passenger cars and light motor trucks
were introduced into the Producer Price Index (PPI) with the release of data for October 2024.
Passenger Cars
The value of quality changes for a sample of 2025-model-year domestically produced passenger
cars included in the PPI for October averaged $76.36, according to estimates by the U.S. Bureau of
Labor Statistics (BLS). This change represents 8.9 percent of the average $857.71 increase in
manufacturer invoice prices for 2025 models as compared with models from the prior year.
The retail equivalent value of these quality changes averaged $81.74, representing 9.3 percent of
the average $880.18 over -the -year increase in manufacturer suggested list prices.
Light Trucks
The value of quality changes for a sample of 2025-model-year domestically produced light trucks
included in the PPI for October averaged $96.79. This change represents 11.8 percent of the
average $817.22 increase in manufacturer invoice prices for 2025 models as compared with models
from the prior year.
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
The retail equivalent value of these quality changes averaged $102.41, representing 12.1 percent of
the average $845.72 over -the -year increase in manufacturer suggested list prices.
The $102.41 estimated retail value of quality change breaks down as follows:
* $6.95 for improvements to infotainment systems.
* $41.98 for improvements to safety.
* $53.48 for other changes, such as improvements to powertrains and changes in levels of
standard or optional equipment.
For technical information regarding quality changes for 2025-model-year motor vehicles, contact
Jonathan McQuade at McQuade.Jonathan@bls.gov or (202) 691-7747. For general PPI
information, contact the PPI Section of Index Analysis and Public Information, at ppi-info@bls.gov
or (202) 691-7705.
Estimates of the value of quality change are based on a review by the BLS of data supplied by
producers for similarly equipped 2024 and 2025 domestic models priced for the PPI. Most of the
estimates of quality changes in this release are derived from information supplied for the PPI for
October. These data also form the basis of the new vehicle quality adjustment for the Consumer
Price Index (CPI). However, it should be noted that, effective with the release of data for January
1999, changes made solely for the purpose of meeting air pollution standards are not considered
quality improvements for CPI calculation purposes.
Resampling of Industries - October 2024
Effective with the release of data for October 2024, the Producer Price Index (PPI) includes data
for 12 resampled industries classified according to the 2022 North American Industry
Classification System (NAICS). The Bureau of Labor Statistics periodically updates the sample
of producers providing data for the PPI to reflect current conditions more accurately when the
structure, membership, technology, or product mix of an industry shifts. The first results of this
systematic process were published in July 1986. Subsequent efforts have been completed at
regular intervals.
For information on specific index additions, deletions, and recodes effective October 2024, see
the current issue of the PPI Detailed Report online at www.bls.gov/ppi/detailed-report/ppi-
detailed-report-october-2024.pdf, or contact the PPI Section of Index Analysis and Public
Information at ppi-info@bls.gov or (202) 691-7705.
NAICS
Code
Industry
311422
Specialty canning
311821
Cookie and cracker manufacturing
311824
Dry pasta, dough, and flour mixes manufacturing from purchased flour
321991
Manufactured home, mobile home, manufacturing
322220
Paper bag and coated and treated paper manufacturing
325998
Other miscellaneous chemical product manufacturing
327999
Miscellaneous nonmetallic mineral products manufacturing
331512
Steel investment foundries
335931
Current -carrying wiring device manufacturing
445200
Specialty food retailers
523150
Investment banking and securities intermediation
523940
Portfolio Management and investment advice
Recalculated Relative Importance Figures and Seasonal Adjustment Factors to be
Available on February 13, 2025
Each year with the release of PPI data for January, relative importance figures and seasonal
adjustment factors are recalculated to reflect price movements from the just -completed calendar
year. The following information will be released on February 13, 2025, at 8:30 AM eastern time,
in conjunction with the release of PPI data for January 2025, and will be available on the PPI
website at www.bls.gov/ppi/tables/.
Relative Importance Figure Tables for December 2024:
* Final demand by individual commodities
* Final demand by component series
* Individual commodities of intermediate demand by commodity type
* Component series of intermediate demand by commodity type
* Individual commodities of intermediate demand by production flow
* Component series of intermediate demand by production flow
* Commodities, all levels
* Wherever -provided services and construction
Seasonal Factor Update:
* Direct seasonal factors for PPI commodity indexes for 2025
* Recalculated seasonal factors for the last 5 years (2020-2024) for PPI commodity indexes
* Recalculated seasonal factors for the last 5 years (2020-2024) for PPI Final Demand -
Intermediate Demand indexes
Recalculated seasonal index data for 2020-2024 for the Final Demand -Intermediate Demand and
commodity indexes also will be posted to the PPI database on the BLS website on February 13,
2025, at 8:30 AM eastern time.
For additional information, contact the PPI Section of Index Analysis and Public Information at
ppi-info@bls.gov or (202) 691-7705.
Docusign Envelope ID: A719EA62-2EF2-4DD4-AB8A-70F06E4CD4FA
Technical notes
Table 1. Producer Drice index Dercent changes and weights for Final Demand - Intermediate Demand groupings, seasonally adjusted
Table 2. Producer Drice index Dercent changes for selected commodity _groupings by Final Demand -Intermediate Demand category, seasonally adjusted
Table 3. Producer price indexes Final Demand - Intermediate Demand groupings, seasonally adjusted
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Supplemental Files Table of Contents
Table of Contents
Last Modified Date: November 14, 2024
U.S. BUREAU OF LABOR STATISTICS Producer Price Index, PSB Suite 3840 2 Massachusetts Avenue NE Washington, DC 20212-0001
Telephone:1-202-691-7705_ www.bls.00v/PPI Contact PPI