Mr. Aryal:
It's just a guess, but the Bureau of Labor Statistics bases its current CPI
on the period 1982-1983. There's probably a link.
Jonathan Lupton
From: ctpp-news-bounces(a)ryoko.chrispy.net
[mailto:ctpp-news-bounces@ryoko.chrispy.net] On Behalf Of Sulabh Aryal
Sent: Friday, January 20, 2012 12:21 PM
To: 'ctpp-news(a)ryoko.chrispy.net'
Subject: [CTPP] Question about Poverty Threshold Base year 1982
Hi everyone,
Digging onto the Census documentation I found out that poverty thresholds
are determined by multiplying the base-year poverty thresholds (1982) by the
average of the monthly inflation factor. Does anyone can explain why this
particular year 1982 is taken as base year.
Thanks,
Sulabh
Sulabh Aryal
Associate Planner
Richmond Regional Planning District Commission
9211 Forest Hill Avenue, Suite 200 Richmond, VA 23235
Phone: 804.323.2033 3 Fax: 804.323.2025
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