This office lease states the conditions of the annual rental rate currently specified to be paid by the tenant (the "Base Rent"). This shall be used as a basis to calculate additional rent as of the times and in the manner set forth in this form to be paid by the tenant.
The District of Columbia Consumer Price Index, also known as the DC CPI, is a vital economic indicator used to measure changes in the average prices paid by urban consumers for a basket of goods and services in the District of Columbia. It provides comprehensive data on inflation trends specific to the District, helping policymakers, businesses, and consumers make informed decisions. The District of Columbia Consumer Price Index is calculated and published monthly by the Bureau of Labor Statistics (BLS), an agency within the U.S. Department of Labor. The index is derived from extensive surveys conducted by the BLS, which collect price data from various retail establishments, healthcare providers, service providers, and other relevant sources throughout the District of Columbia. The DC CPI encompasses a wide range of goods and services, including but not limited to food, housing, transportation, healthcare, education, recreation, and apparel. By tracking the changes in prices for these items over time, the index reflects the overall inflationary or deflationary trends in the District. There are several types of District of Columbia Consumer Price Indexes that cater to specific audience needs. Here are a few notable ones: 1. All Items Consumer Price Index (CPI-U): This index includes a comprehensive basket of goods and services purchased by all urban consumers in the District. It represents the broader inflation trends affecting the general population. 2. CPI-W: The Consumer Price Index for Urban Wage Earners and Clerical Workers focuses specifically on the prices paid by households of urban wage earners and clerical workers. It encompasses items that are relevant to low-to-moderate income households and reflects their cost of living. 3. CPI-E: The Consumer Price Index for the Elderly is tailored to the spending patterns of households with individuals aged 62 and older. It considers the specific goods and services consumed by older adults and provides insights into their inflation experience. 4. Core CPI: This index excludes the more volatile food and energy prices, offering a measure of underlying inflationary trends in the District. It helps gauge the overall price stability, excluding the temporary fluctuations caused by energy price volatility. The District of Columbia Consumer Price Index plays a crucial role in various aspects of the economy. It helps government agencies adjust benefit payments, taxes, and wage contracts to maintain living standards. It also assists businesses in determining pricing strategies and evaluating cost fluctuations. Additionally, consumers can utilize the CPI to assess changes in their purchasing power and plan their budgets accordingly.
