It might be related to the consumer price index from BLS. The current base year(s) for the CPI is a 1982-1984 average annual.

 

Bob Schwartz, Data Administrator                Phone: 412-391-5590 ext 336

Southwestern Pennsylvania Commission      FAX: 412-391-9160

425 Sixth Ave, Ste 2500                                 Email: schwartz@spcregion.org

Pittsburgh, PA 15219                                      SPC online: www.spcregion.org

 

From: ctpp-news-bounces@ryoko.chrispy.net [mailto:ctpp-news-bounces@ryoko.chrispy.net] On Behalf Of Sulabh Aryal
Sent: Friday, January 20, 2012 1:21 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