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Medical Librarians' Resources From NJHA

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Periodical Pricing Resources

Revised, April 7, 2009. Periodical pricing resources for hospital library planning and budgeting. Selected sources provide inflation rates, price increase percentages, serial projections, historical data, studies of journal pricing and extensive discussion about the issue of rising cost and decreasing purchase power of libraries.

Economic Indicators

• PPI
  See: Table 2. Producer price indexes and percent changes for selected commodity groupings by stage of processing for data and news releases about periodicals
  
  
• CPI
  See: Table 1. Consumer Price Index for All Urban Consumers (CPI-U): U. S. City Average, by expenditure category and commodity and service group

Library Research & Data

• NEW! 2010 Journal Prices Including Scientific Technical Medical (STM)
  Chicago , IL : Medical Library Association. Detailed MLA information about medical publishers that have frozen journal subscriptions at or near their 2009 pricing levels.
  
  
• EBSCO. "2009 Serials Price Projection Report." Birmingham, AL: EBSCO Information Industries. Updated as of October 10, 2008.
  
  
• Source: Library Journal (LJ) Periodicals Price Survey 2008. "Periodicals Price Survey 2009: Embracing Openness: Global initiatives and Startling Successes Hint at the Profound Implications of Open Access on Journal Publishing," by Lee C. Van Orsdel & Kathleen Born. Library Journal, April 15, 2008. Includes extensive price projections for 2009 by discipline. "Given the continuing slide of the dollar, expect increases in 2009 to approach ten percent overall." Discusses public access, the NIH mandate and other issues related to scholarly pricing and the marketplace.
  
  
• "Scholarly Communication Toolkit: Journal Pricing," American Library Association, ACRL.
  The purpose of the index and accompanying tables and analysis is to measure changes in average U.S. periodical prices in a historical context. It provides a good discussion of the economics of journal pricing and the rising cost and decreasing purchase power of libraries. Useful for librarians seeking to communicate these issues to administrators.
  

Journal Articles:

• Journal of the Medical Library Association. "Update on inflation of journal prices: Brandon/Hill list journals and the scientific, technical, and medical publishing market," by Joan B. Schlimgen and Michael R. Kronenfeld. Journal of the Medical Library Association, 2004 July; 92(3): 307–314.
  This study updates the pricing of the "Brandon/ Hill Selected List of Books and Journals for the Small Medical Library" that is no longer published. It analyzes the institutional subscription price data for the years 1996, 1999, and 2002 and compares it to the Consumer Price Index (CPI).

See Also: Economic indicators including CPI and inflation rates available commercially: (The Financial Forecast Center™ Market Research International or The Dismal Scientist Economy.com, Inc. )

Terms Defined:

• Standard indices: "The term Producer Price Index (PPI) refers to a family of indexes that measure the average change over time in the selling prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI); CPIs measure price change from the purchaser's perspective. Sellers' and purchasers' prices may differ due to government subsidies, sales and excise taxes and distribution costs."

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