Stage of processing
Term · Economic statistics · MLC-T-ECS-001833
Former bls price analysis system that provided an index at three major stages of processing: crude materials for further processing; intermediate materials, supplies, and components; and finished goods.
Note: The SOP aggregation system that the Producer Price Index (PPI) program used from 1978 until 2014 was replaced by the Final Demand-Intermediate Demand (FD-ID) aggregation system.
| Identifier | MLC-T-ECS-001833 |
|---|---|
| Field | Economic statistics |
| Abbreviation | SOP |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001833",
"term": "Stage of processing",
"field": "Economic statistics",
"definition": "Former bls price analysis system that provided an index at three major stages of processing: crude materials for further processing; intermediate materials, supplies, and components; and finished goods.\n\nNote: The SOP aggregation system that the Producer Price Index (PPI) program used from 1978 until 2014 was replaced by the Final Demand-Intermediate Demand (FD-ID) aggregation system.",
"abbreviation": "SOP",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/stage-of-processing/"
}
Record 1,833 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.