Retail Industry
Industry: Email Alert RSS FeedU.S. wholesale footwear prices slip 0.2% in Oct. from '90 levels.
Footwear News, November, 1991 by D'Innocenzio, Anne
U.S. wholesale footwear prices slip 0.2% in Oct. from '90 levels
WASHINGTON (FNS) - Wholesale prices for domestically produced footwear in October edged down 0.2 percent from levels in October 1990, the Labor Department reported. The producer price index (PPI) for all finished goods remained virtually unchanged from a year ago.
October shoe prices inched up 0.2 percent over September prices, which had softened by 0.1 percent.
While footwear's wholesale price performance was less than stellar, Labor economists said they had expected lacklustre results, given the slump in back-to-school sales. "We thought it would be a lot worse," said an economist with the Labor Department, noting that wholesale prices in October for many of the shoe...
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