Current industrial reports

MISSING IMAGE

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:
September 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:
AA00008477:00036

Related Items

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

Full Text

A UNITED STATES
DEPARTMENT OF
COMMERCE
PUBLICATION


Manufacturers'


Inventories,


Sep


Shipments,
and Orders

itember 1970


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


SERIES:


FOR RELEASE: October 30, 1970
t ..


New orders for manufactured products in
4eptehber decreased 1.4 percent or $800 million
b55.2 billion from $56.0 billion in August, after
deitonal adjustment. Shipments declined 1.0per-
,en4t or $600 million to $56.1 billion from $56.7
million in August. These overall declines were
:attributed largely to the automotive strike; new
Biders and shipments for industries other than
motor vehicles and parts registered increases of
0.1 percent and 0.8 percent respectively.' The
baclog of unfilled orders declined $900 million
aft 82.6 billion from $83.5 billion at the end of
4u:g ist.

I For the three months ending with September,
the: average change in new orders represents a
&crtease of 0.3 percent compared with an increase
33.9 percent for the three months ending with
IJune and a decrease of 0.5 percent for the three
: itonths ending with March.

NEW ORDERS

New orders for durable goods at $29.6 billion
decreased 3.0 percent or $900 million from $30.5
billion in August. New orders in the transporta-
tion industry declined $600 million to $6.9 billion,
as an increase in the shipbuilding sector was
offset by decreases in the automotive and aero-
space sectors. New orders in the machinery
industries declined $400 million to $8.9 billion
while a $200 million decrease in new orders for
the primary metals industry was offset by a $200
million increase in the fabricated metals industry.


1It should be noted that ne
motor vehicles industry are no
but are estimated as equal to s.
decline in shipments is necess
by a decline in new orders.
described in greater detail in
cation Manufacturers' Shipments
flsne,4Mr-. 1aI _i O7fnl nwed an ro_il


w orders for the
t reported as such
shipments. Hence a
arily accompanied
This procedure is
the Census publi-
, Inventories, and
a,


M3-1(70)-9


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


1967 1968 1969


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


- ~x.


' C/RI NT INDUSTRIAL


REPORTS







Among the supplementary series, new orders
for defense products increased $100 million to
$2.0 billion. Orders for producers' capital goods
increased $400 million to $6.7 billion with in-
creases in the shipbuilding industry onlypartially
offset by decreases in machinery orders. House-
hold durables increased $100 million to $2.1


billion.


(See Chart 1)


SHIPMENTS


Shipments of durable
million to $30.6 billion.


portation


goods decreased $600
The decline in trans-


equipment was partially offset by in-


creases in most other durable goods industries.
Shipments of nondurables remained virtually un-
changed at $25.5 billion as an increase in foods
was offset by declines in most other nondurable
industries. (See Chart 2)


UNFILLED ORDERS


Chart 3


- Manufacturers'


t.Ii... l II.1


111111 t liii


Unfilled Orders (Seasonally Adjusted)
Billions of Dollars*


Durable Goods


*Semilog scale


I liii 1111.1


lilt II


Unfilled orders of durable goods at $79.


5 billion


were $1.0 billion below the backlog at the end of
August. The primary metals industry declined
$400 million to $6.7 billion while the machinery
industries decreased $600 millionto $28.7 billion.
(See Chart 3)

INVENTORIES


Inventories


in the durable


goods industries


remained virtually unchanged at $65.3 billion at


the end of September while those in the non-
durable goods industries increased $100millionto
$33.3 billion. At the all manufacturing level.


increases


in finished


supplies were p
work-in-process.


artiall'


I-


goods and materials and
y offset by decreases in


(See Chart 4)


The figures on the durable goods industries in
this report supersede those issued earlier in the


advance report on durable goods.


The advance


report is based on a tabulation of early reports
and is limited to statistics on shipments, new
orders, and unfilled orders for a few broad
industry categories. The present report is based
on more complete reporting, but the estimates are


also considered preliminary.


appear as historical da
published for next month.


Final figures will


a in the report to be
The advance report on


durable goods for October is
release on November 23 and the f
scheduled for release on December


scheduled


report is
1970.


For an explanation of terms used in this report
see appendix following table 5.

Inquiries concerning these figures should be
addressed to the U.S. Department of Commerce,


Chart 4


-
ft.-- -


Total Inventory (Seasonally Adjusted)


-- .-~--~ -


Total


Durable Goods


1- -


- --- -


Billions of Dollars*


-- -


Nondurable Goods





*Semi log scale


''I'll'


,l ,, 1, l 1 ,,









OF MANUFACTURERS'


(Millions


of dollars)


Industry


group


All manufacturing industries:
Total...............................


Total,


Durable
Stone,


excluding


goods industries,


Primary metal
Blast furna


All other
Fabricated
Metal can,
Machinery, 4
Engines a8


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


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

,s, total...e..................
,ces, steel mills,............


primary metals................


metal
s, bar


total..........
drums..........
al, total.......


except electric


Farm machinery
Construction, I
handling equi]


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


niDing,


and material


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


General in
Electrical mn
Electrical
equipment
Household


dustrial machinery............
achinery, total..............
transmission and distribution
and industrial apparatus.....


appliances, including


radio


and TV............ ...... ............... .
Communication equipment,................
Transportation equipment, total...........
Motor vehicles and parts................


Aircraft,
Instruments


missiles,
and relate


All other durable
Nondurable goods inm
Food and kindred


Tobacco
Textile
Paper az
Pulp,


good
dustr
produ


and parts...........
d products.........
s industries.......
"ies, total..........
icts, total .........


products...,.......,..,.. ....... .
mill products.....................


nd allie
paper,


Chemicals
Industri


products,


etc...... ,........ ,..


and allied pr
.al chemicals,


Petroleum and coal p
Rubber and plastics
All other nondurable


oducts,
except


total......
pigments...


roducts...............
products, n.e.c.......
goods industries.....


All manufacturing industries:
Total............... ...............


Total,


flurahle


excluding


goods industries,


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


Primary metals, total.....................
Blast furnaces, steel mills.............
Fabricated metal products.................


Machinery,


Engines


Construct
handling


except


electrical,


total.......


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


on,


mining,


and material


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


General


Electrical
Electric
equipmer


Household


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


machinery,


transmission aJ
and industrial


appliances,


Communication
Transportation


Aircraft,


All other

Nondurable g
Industries


mis


durable


nd distribution
apparatus.....


including


radio


equipment.................


equipment,
siles, and


total...........
parts.....,,,,,


goods industries........


goods industries,
with unfilled o


Industries without


unfilled


total .......... .
,rders...........


orders........


Seasonally


adjusted


Without seasonal
adjustment1


Shipments


56,108
49,109

30,647
1,483
5,065
2,434
2,631
3,385
321
5,459
426
528

758
326
579
4,021

769

793
1,179
6,999
3,595
2,729
1,163
3,072
25,461
8,802
1,781
470
1,690
2,324
1,017
4,070
1, 381
2,132
1,482
4,491


56,696
48,715
31,270
1,470
4,935
2,287
2,648
3,231
290
5,570
513
499

759
307
554
3,993

794

743
1,184
7,981
4,489
2,831
1,140
2,950
25,426
8,547
1,750
445
1,691
2,366
1,018
4,184
1,402
2,165
1,541
4,487


57,025
49,168
31,315
1,517
4,891
2,259
2,632
3,323
312
5,567
456
439

710
334
567
3,995

790

783
1,131
7,857
4,328
2,796
1,168
2,997
25,710
8,538
1,740
459
1,783
2,418
1,044
4,166
1,436
2,136
1,598
4,612


58,076
51,017

31,460
1,628
4,969
2,322
2,647
3,484
357
5,526
442
525

774
337
590
4,275

810

921
1,194
7,059
3,716
2,680
1,251
3,268
26,616
9,350
1,820
479
1,812
2,397
1,026
4,222
1,399
2,167
1,477
4,712


54,829
48,574
29,091
1,579
4,701
2,205
2,496
3,268
342
5,194
434
430

717
290
546
3,859

750

784
1,112
6,255
2,882
2,736
1,148
3,087
25,738
8,585
1,769
472
1,742
2,388
1,036
4,172
1,393
2,189
1,493
4,697


58,139
50,008
32,336
1,592
4,946
2,262
2,684
3,249
334
5,700
648
483

685
344
536
4,216

772

1,008
1,100
8,131
4,625
2,788
1,287
3,215
25,803
8,708
1,825
454
1,884
2,338
965
4,268
1,408
2,155
1,423
4,573


Seasonally


adjusted


Without


seasonal


adjustment


Total inventories


98,488
83,226
65,290
2,626
8,738
4,726
4,012
6,801
727
13,861
955
1,024

2,449
1,141
1,160
9,676

2,047

2,129
2,851
15,262
3,993
9,158
2,680
5,646
33,198
7,336
790
2,171
3,381
2,758
1,094
6,943
2,291
2,422
1,908
6,279


98, 260
82,921
65,079
2,587
8,641
4,658
3,983
6,697
687
13,876
960
1,030

2,444
1,158
1,174
9,690

2,024

2,095
2,909
15,339
4,036
9,239
2,685
5,564
33,181
7,457
828
2,145
3,383
2,754
1,084
6,921
2,300
2,380
1,930
6,211


97,746
82,583
64,774
2,558
8,702
4,637
4,065
6,899
793
13,668
955
964

2,342
1,136
1,154
9,577

2,048

2,057
2,831
15,163
3,994
9,090
2,666
5,541
32,972
7,397
733
2,088
3,338
2,720
1,074
6,883
2,263
2,459
1,904
6,183


98,145
82,854
65,141
2,575
8,680
4,665
4,015
6,838
748
13,753
955
993

2,397
1,144
1,151
9,677

2,047

2,112
2,857
15,291
4,105
9,132
2,691
5,636
33,004
7,254
722
2,045
3,363
2,776
1,093
6,901
2,263
2,440
1,886
6,339


93 415
78,196
61,643
2,378
7,921
4,263
3,658
6,366
667
12,561
917
907

2,126
1,069
1,049
9,092

1,885

2,048
2,695
15,219
4,165
9,194
2,413
5,693
31,772
7,386
736
2,149
3,477
2,485
954
6,358
2,196
2,139
1,856
5,922


New orders Unfilled orders


55,183
48,271
29,622
4,673
2,257
3,512
5,274
366

826
265
562

3,576

737

784
813
6,912
2,349
5,675

25,561
6,921
18,640


55,968
48,409
30,537
4,842
2,310
3,304
5,367
434

727
255
542

3,921

787

764
1,126
7,559
2,677
5,544

25,431
6,861
18,570


57,111
49,035
31,399
4,894
2,387
3,220
5,401
476

714
278
529

4,113

715

704
1,453
8,076
3,047
5,695

25,712
7,129
18,583


57,647
50,342
30,944
4,484
2,079
3,564
5,315
431

826
264
560


53,841
48,080
28,152
4,408
2,031
3,342
5,052
391

671
259
550

3,792

738

782
1,101
5,761
2,430
5,797

25,689
6,904
18,78


58,598
50,454
32,819
4,995
2,356
3,354
5,985
874

689
321
528

4,304

752

1,031
1,221
8,144
2,643
6,037

25,779
7,012
18,767


82,568
54,502
79,534
6,675
3,501
10,900
15,787
4,644

2,318
1,220
1,544

12,948

3,315

534
5,318
28,066
21,316
5,158


83,492
55,338
80,561
7,066
3,678
10,773
15,972
4,705

2,250
1,281
1,561

13,394

3,347

544
5,684
28,154
21,696
5,202

2,931
2,931
>-


84,229
55,651
81,301
7,162
3,656
10,699
16,176
4,784

2,282
1,334
1,574

13,468

3,354

523
5>742
28,578
21,850
5,218

2,928
2,928


82,770
54,403
79,751
6,083
2,997
10,826
15,831
4,728

2,290
1,240
1,547

13,431

3,341

583
5,711
28,367
21,481

5,213

3,019
3,019


83,200
55,080
80,270
6,569
3,240
10,748
16,042
4,739

2,238
1,312
1,577

13,456

3,390

584
5,627
28,120
21,590
5,335

2,930
2,930


89,952
57,099
86,918
7,514
3,862
10,450
16,864
4,605

2,091
1,899
1,646

13,370

3,366

690
5,389
32,853
25,390
5,867

3,034
3,034


products,
rels, and


ed


.










Table 2.-VALUE


(Millions of


dollars)


Ssa aduteWithout seasonal Without seasonal
Seasonally adjusted adjustment Seasonally adjusted adjustment
adjustment- adjustment
Industry group
Sept. Aug. July Sept. Aug. Sept. Sept. Aug. July Sept. Aug. Sept.
1970p 1970r 1970 1970 1970r 1969 1970p 1970r 1970 1970p 1970r 1969

Shipments Total inventories


All manufacturing industries, total.. 56,108 56,696 57,025 58,076 54,829 58,139 98,605 98,488 98,260 97,746 98,145 93,415

Durable goods industries, total............ 30,647 31,270 31,315 31,460 29,091 32,336 65,274 65,290 65,079 64,774 65,141 61, 643
Nondurable goods industries, total......... 25,461 25,426 25,710 26,616 25,738 25,803 33,331 33,198 33,181 32,972 33,004 31,772

Industry groups arranged by market
categories:
Home goods and apparel.................. 4,755 4,608 4,816 5,221 5,045 5,260 10,005 10,037 9,892 9,788 10,027 9,709
Consumer staples......................... 11,166 10,922 10,918 11,865 10,995 11,220 12,501 12,415 12,465 12,425 12, 270 12,123
Equipment and defense products, except
automotive.............................. 9,284 9,481 9,345 9,390 8,992 9,409 26,428 26,456 26,613 26,136 26,305 24,689
Automotive equipment....................... 4,195 5,084 4,966 4,330 3,454 5,264 4,952 5,136 5,181 5,078 5,196 5,255
Construction materials, supplies, and
intermediate products................... 4,733 4,627 4,643 5,007 4,870 4,746 8,348 8,173 8,086 8,180 8,113 7,710
Other materials and supplies and
intermediate products................... 21,975 21,974 22,337 22,263 21,473 22,240 36,371 36,271 36,023 36,139 36,234 33,929

Supplementary series:2
Household durable goods industries....... 2,137 2,005 2,099 2,397 2,127 2,510 5,144 5,159 5,108 5,035 5,150 4,996
Producers' capital goods industries...... 6,520 6,687 6,727 6,661 6,280 6,812 17,356 17,337 17,285 17,198 17,231 15,689
Defense products industries (old series). 4,178 4,291 4,192 4,151 4,109 4,167 12,726 12,761 12,906 12,624 12,728 12,727
Defense products (new series)s........... 2,079 2,112 2,048 2,062 2,022 2,094 7,028 7,056 7,143 68,957 7,020 7,701

New orders Unfilled orders

All manufacturing industries, total.. 55,183 55,968 57,111 57,647 53,841 58,598 82,568 83,492 84,229 82,770 83,200 89,952

Durable goods industries, total............ 29,622 30,537 31,399 30,944 28,152 32,819 79,534 80,561 81,301 79,751 80,270 86,918
Nondurable goods industries, total......... 25,561 25,431 25,712 26,703 25,689 25,779 3,034 2,931 2,928 3,019 2,930 3,034

Industry groups arranged by market
categories:
Home goods and apparel................... 4,747 4,635 4,753 5,207 5,045 5,220
Consumer staples....................... 11,170 10,936 10,915 11,874 11,005 11,224 1,865 1,869 1,827 1,941 1,945 2,192
Equipment and defense products, except
automotive.............................. 8,934 8,966 9,804 9,633 8,547 9, 970
Automotive equipment..................... 4,158 4,981 4,980 4,308 3,401 5,291 4,597 44,987 45,607 45,338 45,118 48836
Construction materials, supplies, and
intermediate products.................. 4,916 4,743 4,498 5,100 4,928 4,847 10,804 10,621 10,504 10,730 10,639 10,596
Other materials and supplies and
intermediate products.................. 21,258 21,707 22,161 21,525 20,915 22,046 25,302 26,015 26,291 24,761 25,498 28,328

Supplementary series:
Household durable goods industries....... 2,137 2,030 2,041 2,389 2,147 2,465 1,519 1,521 1,495 1,603 1,611 1,821
Producers' capital goods industries...... 6,664 6,299 6,411 6,797 5,982 7,188 23,493 23,351 23,742 23,713 23,576 24,661
Defense products industries (old series). 3,412 4,056 4,773 4,117 3,782 4,186 27,047 27,814 28,049 27,618 27,652 31,358
Defense products (new series)w........... 1,951 1,846 3,067 2,430 1,704 1,919 19,542 19,670 19,936 19,956 19,588 21,162


~Duflng


figures on
included i
reporters,
new orders


mentary


1968 manufacturers in ordnance,


Shipments,
n these new


orders,
defense


communications,


and total inventories


series.


aircraft and aircraft


of work performed for


Since there are no historical


the data have been seasonally adjusted


adjusted


series


for trading-day


are regroupings


of the


using


and calendar-month


separate


industry


Sthe factors
variations;
Categories


parts,


the Departmwnt


data available
of these indust


unfilled


orders


and ship building industries began to provide aggregate


of Defense.


The results


to develop separate sea
ries. Preliminary.


and inventories


of these reports


sonal factors


rRevised


as of end of month.


for these
'Shipments
The supple-


as follows:


Household


durable


goods


industries


- Household


furniture;


kitchen


articles


and pottery;


cutlery,


handtools,


and hardware;


household


appliances;


ophthalmic


goods,


watches,


and clocks;


and miscellaneous


personal


goods.


Producers' c
equipment
components


capital


goods (former


and machine


shops),


shipbuilding


ly machine
electrical


and repairing,


y and equipment)
machinery (exclu
and railroad and


industries


ding ho
street


useho


- Machinery, e
id appliances,


electrical


corsunication


(excluding farm machinery
equipment and electronic


car equipment.


Defense


products


aircraft,
industries


industries


aircraft


parts,


and omits defense


(old series)
and ordnance


- Based


on reports


industries.


work perrormed


(Thus,


for companies
this series


in the ship building


classifi
includes


in the communication


significant


amounts


equipment,


of nondefense


complete
work in these


industry.)


Defense


products


industries:


(new series)


ordnance.


in that it includes


aircraft,


and aircraft


- Based


communication


defense


parts


activity in
. The data


on separate
s, complete


reports o
aircraft,


ship building and
are comparable to


n defense
aircraft


excludes


work filed by large


parts,


defense


and ship building.


nondefense


those published


work in ordnance,


annually


in the MA-175,


contractors


isj it differs
:omunications,
Shipments of


in the following


from the old


series


complete
Defense-Oriented


Industries, for the specified


except










Table 3,--MANUFACTURERS'


(Based


on seasonally


adjusted


Item and industry


Shipnents:
All manufacturing


Thirable
)Jondurab


group


industries.........


goods industries, to
le goods industries,


Total inventories:
All manufacturing
New orders:
All manufacturing


Durable go
Nondurable


Unfilled
Durable


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


industries.........

industries.........


ods industries,


goods


industries


orders:
goods industries,


total...,...


total.....


total........


Month-to-month


-1.0


-1.3


-0.6


-0.9


1970


+0.1


Average


monthly


3 months


.0.2


+0.3


-0.7


+0.8


+0.2


-0.9


rates of change


12 months


+0.4


-0.7


-1.1


Average,


Average
rise


+1.3


+0.7


+1.2


1964-69


Average
decline


-1.2


-0.5


Table 4.--RATIO


OF MAI4UFA CrURE ES'


INVENTORIES


TO SHIPMENTS


AND UNFILLED


ORDERS


TO SHIHIENTS,


BY INDUSTRY


(Based


on seasonally


adjusted


ne st Unfilled orders shipments ratio1
Inventories shipments ratio o backlog
(months' backlog)
Industry group
Sept. Aug. July Sept. Sept. Aug. July Sept
1970p 1970 1970 1969 1970' 1970r 1970 1969


All manufacturing industries, total.................. 1.76 1.74 1.72 1.67 2.36 2.39 2.39 2.58
Durable goods industries, total............................ 2.13 2.09 2.08 1.95 2.83 2.88 2.90 3.08
Stone, clay, and glass products.................. ...... 1.79 1.79 1.71 1.71 (NA) (NA) (NA) (NA)
lPrimary metals........................................ 1.73 1.77 1.77 1.58 1.32 1.43 1.46 1.64
Fabricated metals................................... 2.06 2.10 2.02 2.04 3.56 3.66 3.55 3.68
Machinery, except electrical........................... 2.53 2.49 2.49 2.25 2.89 2.87 2.91 2.98
Electrical machinery..................................... 2.41 2.42 2.43 2.33 3.22 3.35 3.37 3.27
Transportation equipment................................... 2.16 1.91 1.95 1.79 5.53 5.35 5.56 6,22
Instruments and related products......................... 2.31 2.35 2.30 2.03 (NA) (NA) (NA) (NA)
Nondurable goods industries, total.............,..........- 1.31 1.31 1.29 1.30 0.44 0.43 0.41 0.43
Food and kindred products ............................. 0.84 0.86 0.87 0,90 (X) (X) (X) (X)
Tobacco products................................... ....... 4.62 4.88 4.67 5.02 (X) (X) (X) (X)
Textile mill products.................................... 2.01 2.00 1.90 2.02 (NA) (NA) (NA) (NA)
Paper and allied products..*..............*....*...* *.. 1.18 1.17 1.14 1.11 (NA) (NA) (NA) (NA)
Chemicals and allied products-........... *............... 1.72 1.66 1.66 1.57 (X) (X) (X) (X)
petroleum and coal products........................... 1.14 1.12 1.11 0.99 (X) (X) (X) (X)
Rubber and plastics products, n.e.c...................... 1.31 1.24 1.21 1.32 (X) (X) (X) (X)


(NA) Not available.
'Excludes the following


vehicle


assembly


operations;


PPreliminary.


industries


with


foods and related


Revised.
no unfilled


products;


(X) No
,rders: W
tobacco;


ht applicable.


wooden


apparel


containers;


and related


glass containers;


products;


metal


chemicals;


barrels


petroleum


and drums;


motor


and coal products;


and


rubber and plastics products, n.e.c.


GROUP










Table 5.--VALUE OF MANUFACTURERS'


(Millions


of dollars)


Without seasonal Without seasonal
Seasonally adjusted a teSeasonally adjusted a
adjustment adjustment
Industry group
Sept. Aug. July Sept. Aug. Sept. Sept. Aug. July Sept. Aug. Sept.
1970 1970r 1970 1970P 1970r 1969 1970p 1970r 1970 1970. 1970r 1969

Total Materials and supplies


All manufacturing industries, total.. 98,605 98,488 98,260 97,746 98,145 93,415 29,551 29,477 29,319 29,646 29,600 28,899
Durable goods industries, total............ 65,274 65,290 65,079 64,774 65,141 61,643 17,717 17,621 17,470 18,006 17,894 17,302
Stone, clay, and glass products.......... 2,661 2,626 2,587 2,558 2,575 2,378 843 832 826 839 829 784
Primary metals........................... 8,752 8,738 8,641 8,702 8,680 7,921 3,140 3,091 3,035 3,246 3,172 2,909
Machinery (electrical and nonelectrical). 23,495 23,537 23,566 23,245 23,430 21,653 5,614 5,603 5,592 5,624 5,661 5,251
Transportation equipment................. 15,106 15,262 15,339 15,163 15,291 15,219 3,004 3,096 3,081 3,148 3,163 3,237
All other durable goods industries....... 15,260 15,127 14,946 15,106 15,165 14,472 5,116 4,999 4,936 5,149 5,069 5,121
Nondurable goods industries, total......... 33,331 33,198 33,181 32,972 33,004 31,772 11,834 11,856 11,849 11,640 11,706 11,597
Chemicals and allied products............ 6,997 6,943 6,921 6,883 6,901 6,358 2,287 2,293 2,292 2,268 2,293 2,213
Petroleum and coal products.............. 2,420 2,422 2,380 2,459 2,440 2,139 551 549 545 552 554 474
Rubber and plastics products, n.e.c...... 1,938 1,908 1,930 1,904 1,886 1,856 585 584 604 600 606 611
All other nondurable goods industries.... 21,976 21,925 21,950 21,726 21,777 21,419 8,411 8,430 8,408 8,220 8,253 8,299

Work in process Finished goods

All manufacturing industries, total.. 35,328 35,451 35,582 35,097 35,407 34,122 33,726 33,560 33,359 33,003 33,138 30,394
Durable goods industries, total........... 30,454 30,555 30,605 30,221 30,455 29,071 17,103 17,114 17,004 16,547 16,792 15,270
Stone, clay, and glass products.......... 409 401 386 385 387 377 1,409 1,393 1,375 1,334 1,359 1,217
Primary metals........................... 2,970 2,940 2,939 2,917 2,899 2,688 2,642 2,707 2,667 2,539 2,609 2,324
Machinery (electrical and nonelectrical). 10,957 11,055 11,127 10,881 11,022 10,439 6,924 6,879 6,847 6,740 6,747 5,963
Transportation equipment................ 10,656 10,649 10,717 10,602 10,634 10,510 1,446 1,517 1,541 1,413 1,494 1,472
All other durable goods industries....... 5,462 5,510 5,436 5,436 5,513 5,057 4,682 4,618 4,574 4,521 4,583 4,294
Nondurable goods industries, total......... 4,874 4,896 4,977 4,876 4,952 5,051 16,623 16,446 16,355 16,456 16,346 15,124
Chemicals and allied products............ 860 866 870 861 865 948 3,850 3,784 3,759 3,754 3,743 3,197
Petroleum and coal products.............. 516 521 517 524 525 500 1,353 1,352 1,318 1,383 1,361 1,165
Rubber and plastics products, n.e.c...... 308 309 322 316 315 328 1,045 1,015 1,004 988 965 917
All other nondurable goods industries.... 3,190 3,200 3,268 3,175 3,247 3,275 10,375 10,295 10,274 10,331 10,277 9,845

Preliminary.
Revised.


GROUP







Appendix


The following is a description of the survey and


definitions use
the meaning
represent any


These are provided to clarify


of the items


involved and do not


revisions from those definitions


previously employed.


EXPLANATION OF TERMS


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


reported


in the


ASM


which


are received


DESCRIPTION OF THE SURVEY


The Manufacturers'


Shipments,


Inventories,


and Orders survey provides monthly figures that
are comparable to the annualtotals 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.


the ASM,


each


manufacturing


establishment provides data on employment, pay-
rolls, shipments, cost of materials, capital ex-


penditures, an
selected items.
information on


inventories


as well


as other


The establishments do not provide


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.


receivable net selling values, f.o.b. plant, after
discounts and allowances and excluding freight
charges and excise taxes. Included in shipments
are the value of all products sold, transferred 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


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.


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 bother


The monthly reporting panel consists of ap-
proximately 5,000 reporting units and includes
virtually all companies with 1,000 or more em-
ployees and a sample of the smaller ones. The


reporting
operations


unit typically


comprises


the entire


a company although many of the


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

Most of 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
companies in each indus


link relative of matched


industries within the industry group.


With the ex-


ception of motor vehicles, it is not significant at
the 4-digit SIC group level. Since the M3-1 in-


dustry ca'
industries,


gories typically are groupings of
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
net sales to outside customers. Although this


te


*







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.


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,


"atbook 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 in-


ventories


from


one period


to the next are of


greater significance than the actual aggregates.


Inven


cation:


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


and (c) m
inventories.


materials, si
In using


applies, fue]
inventories


and other
by stage of


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


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


UNIVERSITY OF FLORIDA

8i2i l6llSl0 lUi58 4
8 3 1262 08589 4581


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 un-
filled 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
agreement on the amount; otherwise, only the funds
specifically authorized to be expended are in-
cluded. The respondent is instructed to deduct
the sales value ofparitialor 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 re-
porting period are equal to unfilled orders at the


beginning of the period
received less net sales.


net new orders


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


directly in the tabulated totals.


derived


New orders are


from the shipments plus net change in


unfilled orders for each industry category. This
procedure is followed forseasonallyadjusteddata
as well as for the unadjusted data. Shipments and


contain


industries


successive


stages


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


unfilled orders are seasonally adjusted independ-
ently. Seasonally adjusted new orders are derived
from seasonally adjusted shipments and sea-
sonally adjusted unfilled orders.