Consumer Price Index for All Urban Wage Earners and Clerical Workers: Services Less Rent of Shelter in U.S. City Average
CWUR0000SASL2RS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
383.68
Year-over-Year Change
4.05%
Date Range
1/1/1985 - 7/1/2025
Summary
The Consumer Price Index for All Urban Wage Earners and Clerical Workers: Services Less Rent of Shelter measures the change in prices for services, excluding rent of shelter, in the U.S. This indicator is a key gauge of underlying inflationary pressures in the economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This consumer price index (CPI) component tracks the price changes for various service categories, such as utilities, transportation, and medical care, while excluding the volatile rent of shelter component. It provides insight into core service-sector inflation that is influential for policymakers and analysts.
Methodology
The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Historical Context
This CPI metric is closely watched by the Federal Reserve and other economic analysts to assess the broader inflationary trends in the U.S. economy.
Key Facts
- The index base year is 1982-1984 = 100.
- Services Less Rent of Shelter accounts for over 30% of the overall CPI.
- This metric has shown persistent increases in recent years.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in prices for a basket of consumer services, excluding the rent of shelter component, in the U.S.
Q: Why is this trend relevant for users or analysts?
A: This CPI metric provides insight into core service-sector inflation, which is a key driver of overall price pressures in the economy and is closely watched by policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumer expenditures and prices by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic analysts use this CPI component to assess underlying inflationary trends and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of around two weeks after the reference period.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Wage Earners and Clerical Workers: Services Less Rent of Shelter in U.S. City Average (CWUR0000SASL2RS), retrieved from FRED.