CONSUMER PRICE INDEX FOR ALL URBAN CONSUMERS: This is the official name and designation for the Consumer Price Index that's commonly reported in the media. It is officially abbreviated CPI-U. Because it is THE standard, it usually goes by the shorted abbreviation CPI. The CPI-U was introduced in 1978 by the Bureau of Labor Statistics to address some of the deficiencies in the existing consumer price index, which now has the designation of CPI-W. In particular, the newer CPI-U includes the prices of goods and services purchased by about 80% of the non-institutionalized population while the older CPI-W includes about only 32 percent (see ).

     See also | Consumer Price Index | price level | index | consumer | Bureau of Labor Statistics | inflation | nominal | real | wage | income | Social Security | GDP price deflator | Producer Price Index | Consumer Price Index for Urban Wage Earners and Clerical Workers | civilian labor force |

CONSUMER PRICE INDEX FOR ALL URBAN CONSUMERS, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2024. [Accessed: July 26, 2024].

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The total expenditures on gross domestic product undertaken in a given time period by the four sectors--household, business, government, and foreign. Expenditures made by each of these sectors are commonly termed consumption expenditures, investment expenditures, government purchases, and net exports. Aggregate expenditures (AE) are a cornerstone in the study of macroeconomics, playing critical roles in Keynesian economics, aggregate market analysis, and to a lesser degree, monetarism. In particular, aggregate expenditures are combined with the price level as aggregate demand.

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