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@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@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

saryal@richmondregional.org  3  www.richmondregional.org