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