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Archived News Release--Caution: information may be out of date.

U.S. DEPARTMENT OF LABOR

Office of Public Affairs

OPA Press Release: Statement of U.S. Labor Secretary Alexis M. Herman Regarding the BLS April Producer Price Index [05/13/1999]

For more information call: 202-219-8211

Excluding gasoline prices, which are frequently volatile, today's BLS report of the PPI for April indicates continued price stability for the U.S. economy. All Americans can continue to enjoy the fruits of our prosperity--which include high productivity, low unemployment, and significant wage growth--without suffering from widespread inflation.

Archived News Release--Caution: information may be out of date.