The most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 101.8 for November, up 0.3% versus the November 2002 index.
This is the second month in a row the Index has been positive and these two months are the first time in more than five years, since February 1998, it has been positive.
In the previous reporting month (October), the Index had risen 0.3%. Since its December 1999 peak of negative 5.8%, the Sporting Goods CPI had been gradually moving higher (i.e., less negative), reaching its best showing of a negative 0.2% in June of this year.
For 2002, the decline averaged 2.6%. The CPI for All Items in November 2003 increased 1.8% from the same month in 2002.
