Current industrial reports

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Material Information

Title:
Current industrial reports
Portion of title:
Manufacturers' shipments, inventories, and orders
Physical Description:
v. : ; 28-29 cm.
Language:
English
Creator:
United States -- Bureau of the Census. -- Manufacturers' Shipments, Inventories, and Orders Branch
United States -- Bureau of the Census
Publisher:
U.S. Dept. of Commerce, the Bureau of the Census :
For sale by the Subscriber Services Section (Publications), Bureau of the Census
Place of Publication:
Washington, D.C
Creation Date:
April 1970
Publication Date:
Frequency:
monthly, with annual summary[1976-]
monthly[ former 1963-1975]
monthly
normalized irregular

Subjects

Subjects / Keywords:
Manufacturing industries -- Statistics -- Periodicals -- United States   ( lcsh )
Inventories -- Statistics -- Periodicals -- United States   ( lcsh )
Genre:
serial   ( sobekcm )
federal government publication   ( marcgt )
statistics   ( marcgt )

Notes

Additional Physical Form:
Also distributed to depository libraries in microfiche.
Additional Physical Form:
Some monthly issues also available via Internet from the Census Bureau website as: Highlights from the preliminary report on manufacturers' shipments, inventories, and orders. Address as of 12/17/03: http://www.census.gov/indicator/www/m3/prel/priorrel.htm; current access available via PURL.
Additional Physical Form:
Some annual summaries also available via Internet from the Census Bureau website. Address as of 12/8/2005: http://www.census.gov/prod/www/abs/m3-1.html; current access available via PURL.
Dates or Sequential Designation:
Oct. 1963-
Numbering Peculiarities:
Some annual summaries issued in revised editions.
Numbering Peculiarities:
Each annual summary cumulates previous issues for a period of prior years, i.e., annual summaries for <1976>-197 cumulate from 1958.
Issuing Body:
Prepared by: Bureau of the Census, Industry Division, Manufactures' Shipments, Inventories, and Orders Branch, 1963-1964; issued by: U.S. Department of Commerce, Economics and Statistics Administration, Bureau of the Census, <2000->
General Note:
Title from cover.
General Note:
Some issues not distributed to depository libraries in a tangible format.
General Note:
Paper copy no longer sold by Supt. of Docs., U.S.G.P.O.
General Note:
Latest issue consulted: July 2002.

Record Information

Source Institution:
University of Florida
Rights Management:
All applicable rights reserved by the source institution and holding location.
Resource Identifier:
aleph - 001320832
notis - AGH1708
oclc - 02548418
lccn - 74614399
issn - 0364-1880
Classification:
lcc - HD9724 .U52a
ddc - 380.1/0973
System ID:
AA00008477:00032

Related Items

Preceded by:
Industry survey
Preceded by:
Manufacturers' shipments, inventories, and orders

Full Text

CURR


A UNITED STATES
DEPARTMENT OF
COMMERCE
PUBLICATION


ers'

'les,


INDUSTRIAL


Shipments,


and


Orders


/ April 1970
OF COMMERCE / Bureau of the Census


PF0 RELEASE:


June 2, 1970


SERIES:


M3-1(70)-4


New orders for manufactured products in April
decreased $200 million to $53.6 billion, after sea-


sonal! adjustment, the Bureau of the Census
Department of Commerce, announced today.
rnerts decreased $400 million to $54.5
TMh backlog "of unfilled orders at $85.8
dielined $900 million from March. Manufac


s, U. S.
Ship-
billion.
billion
turers'


invpntories rose $700 million to a total of $97.6
billon from $96.9 billion at the end of March.
The inventories to shipments ratio rose to 1.79
from 1.76 in March.


For the 3 months ending in April, the average


niothly change in new orders
O0, percent compared with
Spz|cent for the 3 months ending
lcre ase of 0.7 percent for th
i tlbctober.

WORDERS

orders fo d bl i


was a decrease of
a decrease of 1.8
g in January and an
e 3 months ending


Chart 1 Manufacturers' New Orders (Seasonally Adjusted)
Billions of Dollars*
---


1966 1967 1968 1969 1970


rio ci- C92 2 h4ll4nn


^'i, flr tJ. -tI.4. 0 IUL S 1 JLaixai .-t^ g UJ1 0o CI L 4fl t Ul I^J.JLJXL J
tAicteased $100 million from March while new
orfdbe for nondurable goods decreased $400 million
td $24.9 billion. In the transportation industry, new
orders decreased $200 million as a decline in the
orders of the aerospace industry more than offset


an increase in the automotive industry.


New orders


for the machinery industries increased $300 million
to $9.0 billion while primary metals increased $400
million to $4.9 billion and fabricated metals
decreased $200 million to $3.0 billion.


Among the supplementary series, new
for machinery and equipment (producers'
goods) increased $100 million to $6.1


New orde
were $100


rs


orders
capital
billion.


for defense products at $1.5 billion


million below March.


Household dur-


ables also decreased $100 million to $1.9 billion.
(SEE CHART 1)


Chart 2 Manufacturers' Shipments (Seasonally Adjusted)
Billions of Dollars*
75
-70


----- -


4JILLA


- r -


Total


Durable Goods



N/
N-e
Nondwrable Goods


*Semilog. scale
, h 1. h 1111 .1.1111 1 11 lI,


REPORTS








2
SHIPMENTS


Manufacturers' shipments of durable goods de-
creased $100 million to $29.6 million from $29.7


billion


in March.


Shipments


transportation


equipment increased $500 million to $7.6 billion.
Shipments of primary metals declined $200 million
and fabricated metals declined $100 million.


Shipments
virtually


of the machinery industries remained


unchanged


at $9.1


billion.


Shipments


of nondurable goods declined $400 million to $24.9


billion,


as the chemical


industry


declined $200


million and the foods industry $100 million.
CHART 2)

UNFILLED ORDERS


Unfilled orders of durable goods at $82.


were


million


of March.


billion


(SEE


8 billion


below the backlog at the end


The transportation


industry


declined


to $29.5 billion at the end of April.


The aircraft backlog declined $1.0 billion accom-


panned 1
building


a decline of $100 million in the ship-


and railroad


equipment group.


Unfilled


Chart 3


Ill I 11111 I


- Manufacturers' Unfilled Orders (Seasonally Adjusted)


Billions of Dollars*


Durable Goods


*Semilog. scale
1,1, 1 ,1 1 1 1 1 1


orders for the automotive industry remained un-


changed


at $3.2


billion.


primary


metals


backlog increased $400 million to $7.2 billion at
the end of April while the machinery industries


remained


virtually


unchanged


at $30.3


billion.


(SEE CHART 3)
INVENTORIES


Inventories


in the


durable


goods


industries


increased $400 million to $64.7 billion from $64.3


billion


in March


while


those


in the nondurable


goods industries increased $300 million to $32.9


billion


at the end of April.


The largest dollar


gain in durables occurred in the primary metals
industry. In the nondurable goods industries,


nearly
from


all indus
March.


try


groups registered increases


At the all manufacturing


level,


materials and supplies inventories increased $300
million and work in process increased $400 million
as finished goods remained virtually unchanged.

The advance report on durable goods for May
is scheduled for release on June 19 and the full


report

For


scheduled


report see a

Inquiries


explanation


release on June 30.


terms


used


in this


appendix following table


concerning


addressed to the U.S.


Bureau


Washington, D.C.


these


figures


should be


Department of Commerce,


Census,
20233.


Industry


Division,


Chart 4


Total Inventory (Seasonally Adjusted)


- -. ~ -I


Total





Durable Goo





-----
,^'--


Nondurab


le


ds






Goo---ds
Goods


Billions of Dollars*
i-,120


*enm;lft er I.f I lt


.











OF MANUFACTURERS'


(Millions


of dollars)


Industry


All manufacturing


group


industries:


Total........ ........... .. .... .. ..


Total,


Durable g
Stone,
Primary


excluding


transportation.....
total.............


oods industries,


and glass products..........


metals,


Blast furnaces


All other
Fabricated


prim


metal


total .................... .
, steel mills............
ary metals...............


products,


Metal cans, barrels,


Machinery,
Engines


except


and


total


drums..........
l., total.......


electric


and turbines....................


Farm machinery


Construction, mining,


and equipment............


and material


handling equipment........,,....,.....
Metalworking machinery..................


General


industrial machinery............


Electrical machinery,


Electrical
equipment


Household


transmission a
and industrial


appliances,


nd distribution
apparatus.....


including


radio


mand TV.................................
Communication equipment.................


Transportation


'Motor


vehicles


Aircraft,
Instruments
All other d
Nondurable gon


equipment,


and parts................


missiles,
and relate


urable


ods


Food and kindre


good


industry
'd produ


and parts...........
.d products..........
Is industries........
ies, total..........
=cts, total..........


Meat products..........................
Tobacco products.........................
Textile mill products.....................
Paper and allied products, total..........
Pulp, paper, etc.......................
Chemicals and allied products, total......
Industrial chemicals, except pigments...
Petroleum and coal products...............
Rubber and plastics products n-e.c....


All oth


er nondurable


All manufacturing


goods industries..,,,.



industries:


Total....................*... ..... .


Total,


Durable g
Primary


excluding


transportation...,.


goods industries,


metals,


Blast furnaces


Fabricated
Machinery,
Engines
Construct
handling


metal
excep


total.,,,,,,........,,....
, steel mills............
products.................


electrical,


total...,.


and turbines....................
otion, mining, and material
ig equipment.....................


Metalworking machinery..................


General


industrial


Electrical machi:
Electrical tra
equipment and
Household apple


machinery...,,. .....

total ...............


nery,


nsmission a
industrial


lances,


nd distribution
apparatus.....


including


radio


and TV................................
Communication equipment.................


Transportation


Aircraft,


All other


equipment


missiles,


durable


total...........
parts...........


goods industries...,.....


~-.-s-- ~ -


Seasonally


adjusted


Without


seasonal


adjustment1


Shipments


54,511
46,900
29,640
1,426
4,442
1,782
2,660
3,066
295
5,336
457
441

683
326
537

3,717

716

691
1,144
7,611
3,843
3,130
1,130
2,912
24,871
8,525
1,781
447
1,722

2,331
1,010
3,993
1,348
2,122
1,481
4,250


53,640
47,123


28,771
4,875
2,175
2,965

5,355
518

688
280
477

3,677

681

667
1,174
6,517
2,157
5,382

fl a j.a


54,954
47,815
29,711
1,520
4,686
2,045
2,641
3,186
293
5,439
487
449

718
328
527
3,661

741

686
1,050
7,139
3,561
2,; 956
1,201
2,879
25,243
8,659
1,795
437
1,812
2,349
1,022
4,157
1,402
2,129
1,547
4,153


53,881
47,210
28,632
4,500
1,951
3,159

5,121
358

720
239
512

3,633

752

763
971
6,671
2,695
5,548

n-r nsa


55,588
48,229
30,402
1,519
4,796
2,155
2,641
3,245
288
5,638
458
481

764
350
556
3,719

726

674
1,095
7,359
3,763
2,936
1,192
2,934
25,186
8,468
1,740
424
1,741
2,364
1,029
4,225
1,452
2,162
1,549
4,253


55,921
48,024
30,620
1,443
4,743
1,960
2,783
3,115
294
5,618
464
546

753
318
567

3,688

729

610
1,178
7,897
4,094
3,115
1,114
3,002
25,301
8,426
1,749
438
1,722

2,363
1,033
4,373
1,472
2,103
1,570
4,306


57,109
49,479
31,184


7,630
3,898
3,055
1,223
2,977
25,925
8,717
1,785
430
1,862
2,430
1,066
4,392
1,472


54,693
47,039
30,654
1,438
4,893
2,305
2,588
3,109
300

5,559
434
571

734
308
507
3,686

724

661
1,100
7,654
4,281
2,736
1,068
3,247
24,039
7,662
1,668
414
1,756
2,256
964
4,254
1,475
1,971
1,413
4,313


Seasonally


adjusted


Without


seasonal


adjustment


Total inventories


97,604
82,156
64,675
2,563
8,569
4,618
3,951
6,641
701
13,541
933
984

2,331
1,156
1,163

9,585

2,009

2,145
2,801
15,448
4,144
9,315
2,655
5,673
32,929
7,447
850
2,155
3,468


96,916
81,378
64,266
2,541
8,284
4,389
3,895
6,692
785


9,536

1,982

2,118
2,826
15,538
4,164
9,421
2,602
5,644
32,650
7,450
821
2,159
3,435


96,603
81,071
63,969
2,542
8,126
4,267
3,859
6,676
791

13,344
976
959

2,250
1,147
1,129
9,482

1,958

2,126
2,823
15,532
4,164
9,446
"2,520
5,747
32,634
7,423
830
2.143


98,422
82,893
65,269
2,652
8,446
4,461
3,985
6,807
756
13,704
949
1,007

2,362
1,156
1,176

9,740

2,011

2,221
2,852
15,529
4,086
9,422
2,669
5,722
33,153
7,343
889
2,208
3,538

2,769
1,069
6,795
2,239
2,354
1,996
6,150


97,504
81,890
64,599
2,627
8,244
4,319
3,925
6,747
791

13,580
952
1,016

2,336
1,159
1,155
9,528

1,988

2,089
2,843
15,614
4,140
9,489
2,582
5,677
32,905
7,382
864

2,263
3,496
2,691
1,053
6,756
2,221
2,327
1,987
6,003


New orders Unfilled orders
New orders Unfilled orders


54,854
47,624
29,657
4,419
1,855
3,116

5,551
520

770
272
572

3,786

729

651
1,182
7,230
2,815

5,555
A-- -V v-.


55,053
48,223
29,709
5,030
2,227
3,129
5,637
448

782
277
551

3,596

670

594
1,129
6,830
2,178
5,487


56,287
49,138
30,346
4,874
2,200
3,323

5,603
447

799
258
536

3,755

762

742
1,028
7,149
2,835
5,642
a -


56,010
47,983
31,896
4,970
2,376
3,319

5,938
520

775
428
507

3,822

824

647
1,117
8,027
2,601
5,820

a.. -- S'*


85,813
56,311
82,847
7,245
3,526
10,314
16,712
4,881

2,196
1,541
1,601

13,606

3,544

611
5,598
29,502
22,447
5,468


86,679
56,084
83,715
6,813
3,133
10,414

16,692
4,820

2,191
1,586
1,661

13,647

3,579

636
5,568
30,595
23,420
5,554


87,757
56,693
84,795
6,998
3,226
10,440


2,189
1,676
1,676

13,674

3,568

558
5,647
31,064
23,681
5,609


86,077
56,841
83,080
7,605
3,819
10,539
16,845
4,823

2,277
1,541
1,643

13,379

3,513

557
5,413
29,236
22,303
5,476


30,302
23,240


a -. -.. I


91,779
77,230
59, 973
2,473
7,572
3,981
3,591
6,426
764

12,089
909
959

2,074
1,044
999

8,906

1,832

2,105
2,552
14,549
4,204
8,569
2,358
5,600
31,806

7,184
734

2,258
3,652
2,466
966
6,336
2,127
2,057
1,847
6,006


89,796
55,640
86,621
7,184
3,591
10,070

15,909
4,251

1,971
1,895
1,549

13,228

3,368

623
5,404
34,156
26,835
6,074


r .... ----


. .


[


it













Table 2.--VALUE


OF MANUFACTURERS t


SHIPMENTS,


INVENTORIES
(Millions


, AND ORDERS,
ot dollars)


FOR MARKET


CATEGORIES


AND SUPPLEMENTARY


SERIES


_,, ., .Without seasonal N,. without seasonal
Seasonally adjusted Wt, Seasonally adjustedwithout seasonal
adjus tent adjustment
Industry group
April March Feb. April March April April March Feb. April March April
1970p 1970 1970 1970p 1970r 1969 1970p 1970r 1970 1970W 1970r 1969

Shipments Total inventories


All manufacturing industries, total.. 54,511 54,954 55,588 55,921 57,109 54,693 97,604 96,916 96,603 98,422 97,504 91,779

Durable goods industries, total............ 29,640 29,711 30,402 30,620 31,184 30,654 64,675 64,266 63,969 65,269 64,599 59,973
Nondurable goods industries, total......... 24,871 25, 243 25,186 25,301 25,925 24,039 32, 929 32,650 32,634 33 153 32,905 31,806

Industry groups arranged by market
categories:
Home goods and apparel.................. 4,455 4,365 4,368 4,367 4,661 4,630 9,959 9,857 9,893 10,176 9,836 9,945
Consumer staples......................... 10,816 10,996 10,904 10,745 11,113 9,909 12,427 12,414 12,358 12,363 12,429 11,833
Equipment and defense products, except
automotive.............................. 9,306 9,203 9,505 9,569 9,727 9,156 26,105 25,978 25,921 26,472 26,218 23,395
Automotive equipment..................... 4,466 4,175 4,370 4,797 4,548 4,879 5,276 5,296 5,298 5,266 5,343 5,318
Construction materials, supplies, and
intermediate products................... 4,347 4,471 4,539 4,488 4,417 4,683 8,039 8,018 8,016 8,194 8,159 7,868
Other materials and supplies and
intermediate products................... 21,121 21,744 21,902 21,955 22,643 21,436 35,798 35,353 35,117 35,951 35,519 33,420

Supplementary series:2
Household durable goods industries....... 1,967 1,966 1,970 1,891 2,052 2,062 5,205 5,165 5,158 5,330 5,152 4,982
Machinery and equipment industries....... 6,249 6,387 6,604 6,457 6,762 6,365 16,893 16,712 16,570 17,051 16,811 14,991
Defense products industries (old series). 4,562 4,302 4,308 4,597 4,471 4,166 12,864 12,984 13,050 13,050 13,086 11,996
Defense products (new series)*........... 2,007 1,947 1,915 2,028 2,028 2,059 7,329 7,313 7,293 7,~431 7,365 7,480

New orders Unfilled orders

All manufacturing industries, total.. 53,640 53,881 54,854 55,053 56,287 56,010 85,813 86,679 87,757 86,077 86,944 89,796

Durable goods industries, total............ 28,771 28,632 29,657 29,709 30,346 31,896 82,847 83,715 84,795 83,080 83,991 86,621
Nondurable goods industries, total......... 24,869 25,249 25,197 25,344 25,941 24,114 2,966 2,964 2,962 2,997 2,953 3,175

Industry groups arranged by market
categories:
Home goods and apparel................... 4,418 4,435 4,357 4,339 4,667 4,646 1 9
Consumer staples......................... 10,813 10,993 10,904 10,738 11,105 9,890 1,993 2,031 1,966 1,897 1,932 2,209
Equipment and defense products, except
automotive.............................. 8,343 8,566 9,669 8,713 9,171 9,706
Automotive equipment..................... 4,469 4,101 4,262 4,753 4,416 4,962 6,645 47,602 48,316 46,273 47,173 48,467
Construction materials, supplies, and
intermediate products................... 4,229 4,417 4,420 4,521 4,505 4,945 10,301 10,419 10,473 10,607 10,574 10,428
Other materials and supplies and
intermediate products................... 21,368 21,369 21,242 21,989 22,423 21,861 26,874 26,627 27,002 27,300 27,265 28,692

Supplementary series:2
Household durable goods industries........ 1,929 2,036 1,954 1,838 2,058 2,041 1,623 1,663 1,593 1,523 1,578 1,788
Machinery and equipment industries....... 6,072 5,981 6,603 6,290 6,406 7,304 24,578 24,754 25,161 24,572 24,738 23,609
Defense products industries (old series). 3,594 3,975 4,282 3,584 4,186 4,021 28,530 29,498 29,826 28j186 29,200 32,880
Defense products (new series)w........... 1,461 1,558 1,872 1,446 1,673 2,065 19,455 20,000 20,389 19,238 19,820 22,329


*During


figures


1968 manufacturers in ordnance,


on shipments,


included in these


reporters,
new orders


orders,


new defense


conmumications


and total inventories
series. Since there a


the data have been seasonally


adjusted


for trading-day


adjusted


aircraft and aircraft


of work performed


re no historical


using


and calendar-month


Sthe factors
variations;


parts,


for the Departwsnt


data avai


of these
unfilled


and ship building industries began to provide aggregate


of Defense.


able to develop
industries.


orders


The results


of these reports


separate seasonal factors
PPreliminary. rRevised.


and inventories


as of end of month.


for these
1Shipments
The supple-


mentary


are regroupings


of the separate


industry


categories


as follows:


Household


durable


goods industries


ophthalmic


goods,


- Household


watches,


furniture;


and clocks;


kitchen


articles


and miscellaneous


pers


and pottery;
onal goods.


cutlery,


handtools,


and hardware;


household


Machinery an
electrical
repairing,


d equipment
machinery
and railro


industries Machinery, except
(excluding household appliances,


street


electrical (excluding


communication


equipme


farm machinery
nt and electron


car equipment.


products


parts,


and omits defense


(old series)
and ordnance


work performed


on reports


(Thus,


in the ship bui


for companies


classified


this series includes
lding industry.)


in the communication


significant


amounts


equipment,


of nondefense


complete
work in these


fense products
industries: o


(new se
rdnance.


in that it includes


ries )


- Based


communication


defense


on separate
s, complete


activity in ship


reports o
aircraft,


building


n defense
aircraft


and excludes


work filed by large


parts,


nondefense


defense


and ship building.


work in ordnance,


contractors
Thus, it diff


in the following
ers from the old series


communications, complete


aircraft, a
Industries,


md aircraft


parts.


The data


are comparable


to those published


annually


Shipments


for the specified


appliances;


Defense


aircraft,
industries


industries


aircraft


De


- Based


industries.


and equipment a
ic components),


nd machine


shops),


ship building


in the MA-175,


of Defense-Oriented













Table' 3.--MANUFACTURERS'


(Based


on seasonally


adjusted


Item and industry


Shipments:
All manufacturing


Durable go
Nondurable


group


industries..


ods industries,


total.


goods industries,


Total inventories:
All manufacturing
New orders:
All manufacturing


Durable
Nondurab


Unfilled
Durable


total..


industries.......


industries........


goods industries, to
le goods industries,


orders:
goods industries,


tal........
total.....


total........


Month-to-month


-0.8


+0.7


-1.0


-1.2


+0.3


-1.3


+0.9


+0.6


-0.9


Average


monthly


3 months


-0.4


+0.5


-1.1


-1.1


+0.4


-0.3


rates of change


months


+0.2


+0.6


+1.0


+0.6


0.0


Average,


Average
rise


+1.4


+0.7


1964-1969


Average
decline


-1.1


-0.1


-0.6


Table 4


.--RA'rIO


OF MANUFACTURERS'


INVENTORIES


TO SHIPMENTS


AND UNFILLED


ORDERS


TO SHIPMENTS,


BY INDUSTRY


(Based


on seasonally


adjusted


In toe sbiensrUnfilled orders shipments ratio1
Inventories shipments ratio o backlog)
(months' backlog)
Industry group
April March Feb. April April March Feb. April
1970 1970r 1970 1969 1970 1970r 1970 1969


All manufacturing industries, total.................. 1.79 1.76 1.74 1.71 2.56 2.56 2.54 2.69
Durable goods industries, total............................ 2.18 2.16 2.10 2.00 3.09 3.10 3.06 3.24
Stone, clay, and glass products.......................... 1.80 1.67 1.67 1.68 (NA) (NA) (NA) (NA)
Primary metals........................*................. 1.93 1.77 1.69 1.68 1.63 1.45 1.46 1.50
Fabricated metals....................................... 2.17 2.10 2.06 2.05 3.72 3.60 3.53 3.57
Machinery, except electrical ............................. 2.54 2.47 2.37 2.26 3.13 3.07 3.02 2.99
Electrical machinery.............. ..................... 2.58 2.60 2.55 2.34 3.66 3.73 3.68 3.60
Transportation equipment.............................. 2.03 2.18 2.11 1.97 5.59 6.10 6.04 7.05
Instruments and related products........................ 2.35 2.17 2.11 2.16 (NA) (NA) (NA) (NA)
Nondurable goods industries, total......................... 1.32 1.29 1.30 1.34 0.44 0.43 0.43 0.48
Food and kindred products............... ......... 0.87 0.86 0.88 0.94 (x) (x) (x) (x)
Tobacco products........................................ 4.82 4.94 5.05 5.23 (X) (x) (x) (X)
Textile mill products.................................... 2.01 1.90 1.98 2.04 (NA) (NA) (NA) (NA)
Paper and allied products ............................... 1.18 1.14 1.13 1.10 (NA) (NA) (NA) (NA)
Chemicals and allied products............................ 1.68 1.60 1.57 1.60 (X) (X) (X) (X)
Petroleum and coal products......................... ..... 1.11 1.09 1.07 1.04 (x) (X) (X) (X)
Rubber and plastics products, n.e.c..................... 1.32 1.26 1.26 1.36 (X) (X) (X) (X)


(NA) Not
1Excludes


vehicle
rubber


available.
the following


assembly
and plastic


operations;
cs products,


PPre liminary.


industries


with


foods and related


rRevised.
no unfilled


products;


(X) Nc
orders: W
tobacco;


,t applicable.


wooden


apparel


containers;


and related


glass containers;


products;


metal


chemicals;


barrels


petroleum


and drums;


motor


and coal products;


n.e.c.


data)


GROUP












Table 5.--VALUE OF MANUFACTURERS


(Millions


of dollars)


Without seasonal Without seasonal
Seasonally adjusted adjustment Seasonally adjusted adjustment
adjustment -adjustment
Industry group
April March Feb. April March April April March Feb. April March April
1970p 1970r 1970 1970p 1970r 1969 1970p 1970r 1970 1970p 1970r 1969

Total Materials and supplies

All manufacturing industries, total.. 97,604 96,916 96,603 98,422 97,504 91,779 29,888 29,579 29,411 29,431 29,551 28,562
Durable goods industries, total............ 64,675 64,266 63,969 65,269 64,599 59,973 17,563 17,692 17,615 17,370 17,457 16,755
Stone, clay, and glass products.......... 2,563 2,541 2,542 2,652 2,627 2,473 828 821 819 822 821 755
Primary metals........................... 8,569 8,284 8,126 8,446 8,244 7,572 3,020 3,003 2,916 2,841 2,851 2,65C
Machinery (electrical and nonelectrical). 23,126 22,965 22,826 23,444 23,108 20,995 5,539 5,536 5,530 5,546 5,499 5,032
Transportation equipment................. 15,448 15,538 15,532 15,529 15,614 14,549 3,147 3,166 3,182 3,130 3,170 3,328
All other durable goods industries...... 14,969 14,938 14,943 15,198 15,006 14,384 5,029 5,166 5,168 5,031 5,116 4,991
Nondurable goods industries, total......... 32,929 32,650 32,634 33,153 32,905 31,806 12,325 11,887 11,796 12,061 12,094 11,807
Chemicals and allied products............ 6,708 6,633 6,613 6,795 6,756 6,336 2,680 2,276 2,252 2,305 2,289 2,180
Petroleum and coal products.............. 2,360 2,331 2,318 2,354 2,327 2,057 523 522 542 538 529 484
Rubber and plastics products, n.e.c...... 1,957 1,949 1,951 1,996 1,987 1,847 610 599 597 599 587 568
All other nondurable goods industries.... 21,904 21,737 21,752 22,008 21,835 21,566 8,512 8,490 8,405 8,619 8,689 8,57S

Work in process Finished goods

All manufacturing industries, total.. 35,441 35,085 35,032 35,547 35,255 32,679 32,275 32,252 32,160 33,444 32,698 30,53E
Durable goods industries, total............ 30,330 30,126 30,005 30,590 30,325 27,711 16,782 16,448 16,349 17,309 16,817 15,50
Stone, clay, and glass products.......... 381 389 411 414 422 404 1,354 1,331 1,312 1,416 1,384 1,314
Primary metals........................... 2,914 2,774 2,737 2,913 2,816 2,611 2,635 2,507 2,473 2,692 2,577 2,311
Machinery (electrical and nonelectrical), 11,010 10,909 10,849 11,095 10,965 10,027 6,577 6,520 6,447 6,803 6,644 5,937
Transportation equipment................. 10,759 10,832 10,797 10,838 10,878 9,726 1,542 1,540 1,553 1,561 1,566 1,495
All other durable goods industries....... 5,266 5,222 5,211 5,330 5,244 4,943 4,674 4,550 4,564 4,837 4,646 4,45C
Nondurable goods industries, total......... 5,111 4,959 5,027 4,957 4,930 4,968 15>493 15,804 15,811 16,135 15,881 15,031
Chemicals and allied products............ 1,018 883 886 867 884 953 3,010 3,474 3,475 3,623 3,583 3,203
Petroleum and coal products.............. 553 548 537 546 541 462 1,284 1,261 1,239 1,270 1,257 1,111
Rubber and plastics products, n.e.c...... 317 318 327 316 318 318 1,030 1,032 1,027 1,081 1,082 961
All other nondurable goods industries.... 3,223 3,210 3,277 3,228 3,187 3,235 10,169 10,037 10,070 10,161 9,959 9,756

PPreliminary.
Revised.
Revised.









Appendix


The following is a description of the survey and


definitions us
the meaning
represent an3


These are provided to


of the items


clarify


involved and do not


revisions from those definitions


previously employed.

DESCRIPTION OF THE SURVEY


EXPLANATION OF TERMS

Value of Shipments--Shipments in the monthly
survey are equivalent to value of shipments as


reported


ASM


which


are received


receivable net selling values, f.o.b.


discounts
charges an


plant, after


and allowances and excluding freight
id excise taxes. Included in shipments


The Manufacturers'


Shipments,


Inventories,


are the value of all products sold,


transferred


and Orders survey provides monthly figures that
are comparable to the annual totals published each
year in the annual survey of manufactures (ASM).
The ASM is based on a sample of approximately
60,000 manufacturing establishments drawn from
the 5-year census universe of about 310,000 estab-
lishments. In the ASM, each manufacturing
establishment provides data on employment, pay-


rolls,


shipments,


expenditures,
selected items
information or


cost


of materials,


capital


and inventories as well as other
. The establishments do notprovide


I


Unfilled


orders or new orders.


Since the ASM is establishment based, it provides
data for each of the 425 manufacturing industries
in the Standard Industrial Classification System
(SIC) and area data for industry groups.


The monthly


survey


M3-1


does not provide


information at the complete SIC industry detail
because of the smaller size of the reporting panel
and the fact that most companies cannot provide
shipments, inventories, and orders data monthly
for individual establishments.

The monthly reporting panel consists of
approximately 5,000 reporting units and includes
virtually all companies with 1,000 or more em-


ployees and a sample of the smaller ones.


reporting
operations


unit typically


comprises





The
entiree


a company although many of the


larger diversified companies file separate divi-
sional type reports for their operations in different
industries.


Most


the reporting


units


include


mixed


industry activity even within the broad industry


categories of the monthly survey. The survey
methodology assumes that the month-to-month
changes of the reporting units classified in each
industry category represent effectively the month-
to-month movements of the establishments in the
SIC industries which make up the category. Thus,
the monthly reports are used to update the ASM
estimates by using a link relative of matched
*'l~lln r in a tb 4 A1 -dr


to other plants of the same company, or shipped
on consignment.

Shipments also include receipts of establish-
ments in the industry for contract work performed
for others, resales, receipts for miscellaneous
activities such as the sale of scrap and refuse;
value of installation and repair work performed by
employees of the plant; and value of research and
development performed at the plant. In the aircraft
industry and shipbuilding, the value of work done
in a given year varies considerably from the value
of shipments because of the long lead time between
the input of the materials and labor and the ship-
ments of the completed aircraft or ship. In the
annual survey, therefore, the value of work done
during the year is requested rather than the value
of shipments.

The value of shipments figures developed from
the ASM contain duplication at the all manufac-
turing and industry group levels since the products
of some industries are used as materials by other
industries within the industry group. With the ex-
ception of motor vehicles, it is not significant at


the 4-digit


group


level.


Since


the M3-1


industry categories typically are groupings of
industries, this duplication is significant for the
all manufacturing, durable goods and nondurable
goods categories and the various market groups.
The significance of the duplication within the
specific M3-1 industry groups varies depending on
the 4-digit industry composition of these groups.
It is most pronounced in a few highly integrated
industry areas such as primary metals and motor
vehicles and parts.

Since most monthly reports are for the entire
company or major divisions rather than establish-
ments, the companies are requested to report net
sales, i.e., total company billings after discounts


and allowances.


Companies which file divisional


reports are requested to treat transfers from one
division of the company to another as if they were




UNIVERSITY OF FLORIDA
81 1 II III0 18 l8 11111 4199 !111! 1 I1
8 3 1262 08589 4599


definition of shipments in the monthly reports
differs from that used in the annual establishment
reports, it is assumed that the month-to-month


changes in company sales in the industry are
representative of the month-to-month shipments
of the establishments in the industry.


New Orders Received and Unfilled Orders--
Orders as reported in the monthly survey are net
of cancellations during the month. They include
orders received during the period and also filled
during the period as well as those orders received


for future delivery.


They also include the net


sales value of contract change documents which
increase or decrease the sales value of the unfilled


Inventories--End-of-month inventories in the
monthly survey are identical in definition to the


end-of-year inventories in the ASM.


In the ASM,


respondents are asked to report inventories of
individual establishments at approximate current
cost if feasible; otherwise, "at book values." Since
different methods of inventory valuation are used
(LIFO, FIFO, etc.), the definition of the aggregate
inventories for establishments in an industry is
not precise. The figures on the change in


inventories


from one period to the next are of


greater significance than the actual aggregates.


Invent
cation:
and (c)


inventories.


ories are reported by stage of fabri-
(a) finished goods; (b) work in process;


materials, su
In using


applies, fuel
inventories


and other
y stage of


fabrication at the all manufacturing and 2-digit
industry levels as well as for the durable and non-


orders to which they relate.


Orders include only


those supported by binding legal documents such as


signed contracts, or letter contracts.


In case of


letter contracts the full amount of the sales value
is included if the parties are in substantial agree-


ment


on the amount; otherwise, only the funds


specifically
cluded.


lly


authorized


to be expended are in-


The respondent is instructed to deduct


the sales value of partial or complete cancellation
of existing orders.
Unfilled orders include orders as defined above
that have not yet passed through the sales account.
Generally, unfilled orders at the end of the
reporting period are equal to unfilled orders at
the beginning of the period plus net new orders
received less net sales.


While both new orders and unfilled orders are
used in reviewing individual company reports for
consistency, only unfilled orders are estimated


durable goods sectors,


finished


it should be noted that a


product of one industry may be a raw


material for another industry at the next stage of
fabrication. Insofar as the durable and nondurable
goods sectors and also the 2-digit industry groups


contain


industries


with


successive


stages


processing, the same type of commodity may be
included under different inventory categories in
the aggregate statistics.


usccn4-rii


directly in the tabulated totals.


derived
unfilled


New orders are


from the shipments plus net change in
rders for each industry category. This


oS
procedure is followed for seasonally adjusted data
as well as for the unadjusted data. Shipments and
unfilled orders are seasonally adjusted independ-


ently.


Seasonally adjusted new orders are derived


from seasonally adjusted shipments
sonally adjusted unfilled orders.


Current Industrial Reports


sea-


Series M3-1




t


A UNITED STATES
DEPARTMENT OF
COMMERCE
PUBLICATION


CORREN N NDU TRIAL


Change


Manufacturers'


Inventories,


REPORTS


Sheet


Shipments,


and


April


1970


U.S. DEPARTMENT OF COMMERCE / Bureau of the Census


FOR RELEASE:


SERIES:


M3-1(70)-4


The following


changes should


Inventories,


by Stage


be made to Table
of Fabrication,


5 Value of
by Industry


Manufacturers'
Group:


April 1970, Seasonally adjusted
Item
As published As revised

Materials and supplies:
All manufacturing industries, total............ 29,888 29,496
Nondurable goods industries, total........... 12,325 11,933
Chemicals and allied products.............. 2,680 2,288
Work-in-process:
All manufacturing industries, total............ 35,441 35,292
Nondurable goods industries, total........... 5,111 4,962
Chemicals and allied products.............. 1,018 869
Finished goods:
All manufacturing industries, total............ 32,275 32,816
Nondurable goods industries, total........... 15,493 16,034
Chemicals and allied products.............. 3,010 3,551


Orders












j~&1


Digitized by the Internet Archive
in 2011 with funding from


University of Florida, George A. Smathers Libraries


with support from LYRASIS and the Sloan Foundation


N
V

4 9
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