[lbo-talk] How to do real dollar conversions?
Charles Turner
vze26m98 at optonline.net
Mon Dec 15 07:31:38 PST 2008
On Mon, 15 Dec 2008 06:22:19 -0800 (PST), Wojtek Sokolowski wrote:
> [WS:] Why not price indexes for personal consumption expenditures?
>
http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=64&Freq=Qtr&FirstYear=2006&LastYear=2008
>
> The above tables go back to 1929.
Thanks. So if the "personal consumption expenditures" index was 23.237
in 1967 and 117.659 in 2007, it looks like there's been a 94.422
percent increase? So $100 in 1967 is $194.422 in 2007 dollars?
Best,
Charles
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