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Bill > HR1038


US HR1038

US HR1038
Combating Rural Inflation Act


summary

Introduced
02/05/2025
In Committee
02/05/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To direct the Bureau of Labor Statistics to prepare and publish a Consumer Price Index for Rural Consumers, and for other purposes.

AI Summary

This bill requires the Bureau of Labor Statistics (BLS), which is part of the Department of Labor, to develop and publish a new economic indicator called the "Consumer Price Index for Rural Consumers" (CPI-Rural) starting in January 2026. The CPI-Rural will track monthly changes in typical spending patterns for people living in rural areas of the United States, providing a more targeted measure of inflation that specifically reflects the economic experiences of rural communities. Currently, the BLS produces a national Consumer Price Index that does not differentiate between urban and rural expenditures, so this bill aims to create a more granular and localized understanding of how prices change for rural residents. By establishing this specialized index, policymakers and economists will have a more precise tool for analyzing economic conditions and potential economic challenges faced by rural populations.

Committee Categories

Education

Sponsors (3)

Last Action

Referred to the House Committee on Education and Workforce. (on 02/05/2025)

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