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 1971
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:
AA00008477:00043

Related Items

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

Full Text

Ga


A UNITED STATES
DEPARTMENT OF
COMMERCE
PUBLICATION


Manufacturers'


Inventories,


3CURRE
CURRE


Shipments,


and


Apr


1971


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


M3-1(71)-4


New orders for manufactured products in April
at $57.2 billion decreased 1.9 percent or $1.1
billion from $58.3 billion in March(revised upward


from


$57.9


billion),


after


seasonal


adjustment.


Shipments decreased $100 million or 0.2 percent
to $58.5 billion from $58.6 billion (revised upward
from $58,3 billion) in March. Unfilled orders
declined $1.2 billion to $82.5 billion at the end of
April. Manufacturers' inventories increased $100
million to $99.5 billion from $99.4 billion at the


end of Ma:
remained


month


rch.


The inventories to shipments ratio


unchanged at 1.70; April was the first


since


November


in which


a decline


was


not registered.


For the three


months


ending with April, the


average change in new orders represents a decrease
of 0.1 percent compared with an increase of 1.9
percent for the three months ending with January
and a decrease of 1.7 percent for the three months
ending with October.

NEW ORDERS

New orders for durable goods at $30.6 billion
decreased $1.2 billion or 3.7 percent from $31.8
billion in March. New orders for transnnortntion


- ------------- - r ---


equipment declined $700 million largely reflecting
decreases in motor vehicle industry shipments'
as well as declines in aircraft orders. New orders
for the machinery industries declined $300 million
to $9.3 billion and primary metals decreased $200
million to $5.0 billion.

Among the supplementary series, new orders for
producers' capital goods declined $400 million to


$6.3 billion. New orders
declined $100 million to $1.5


should


be noted


for defense
billion.


that


products


new orders for the


motor vehicles industry are not reported as such but


are estimated as equal to shipments. H
able decrease in shipments is necessarily
by a similar dfcrasn in fnow nr-drc.


ence a size-
accompanied


ly Adjusted)
Billions of Dollars*


1968 1969 1970


Chart 2 Manufacturers' Shipments (Seasonally Adjusted)
Billions of


Orders


FOR RELEASE:


rRIA REPORTS


..... mwm w roll







2
SHIPMENTS


Shipments of durable goods decreased $300
million or 1.0 percent to $31.8 billion in April.
Shipments of transportation equipment decreased
$700 million with the decrease split between the


motor vehicle and aerospace industries. Primary
metals shipments increased $400 million to $5.4
billion. Shipments of nondurable goods increased


million to $26.7 billion as increases in


chemicals and printing and publishingwere partially
offset by decreases in foods and textiles.


UNFILLED ORDERS.


Unfilled orders for durable goods declined $1.2
billion to $79.4 billion at the end of ApriL ,Jnfilled
orders for transpoztation equipment declined $500
million to $27.5 billion influenced primarily.by the
aerospace industry. Primary metals unfilled


orders de


;cli


ined $400 million to $7.6 billion and


the machinery industries .declined $300 million to
$28.4 billion at the efof Apr; l.
4' "


Chart 3


- Manufacturers' Unfilled Orders (Seasonally Adjusted)


, I 1I,,1 ,, ,i l l 1.11 ,, II..


Durable Goods


Billions of Dollars*


Ilog scale
I ,I ,III I,


'III''''''


INVENTORIES


~.


Chart 4


Total Inventory (Seaconally Adjusted)


Inventories in the durable goods industries
increased $200 million to $65.5 billion while those
in the nondurable goods industries decreased $100


million to $34.0 billion.


The increase in durable


inventories was due primarily to the motor vehicle


industry.


At the all manufacturing level, materials


supplies


increased


million,


work


process decreased $100 million, and finished goods
remained unchanged from March.

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


advance
report


report


on durable


goods.


The advance


is based on a tabulation of early reports


and is limited


orders,


to statistics


unfilled


industries categories.


orders


on shipments,


new


a few broad


The present report is based


on more complete reporting, but the estimates are


considered


preliminary.


Final


figures will


appear as historical data in the report to be
published for next month. The advance report on
durable goods for May is scheduled for release


on June 21,


1971 and the full report is scheduled


for release on June 30.


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


Inquiries
addressed to
Bureau of th


ington, D.C.


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


he Census,
20233.


Industry Division,


L


mi


A I


I
H












OF MANUFACTURERS'


(Millions


of dollars)


Industry


All manufacturing


Total,


Durable g
Stone,
Primary


excluding


group


industries:


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


goods industries,


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


metals,


Blast furnaces


All other prim
Fabricated metal


Metal
Machine


Engines


products,


cans, barrels,
y, except elec


and
trica


total......... .
drunms.......
Il, total.......


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


Farm machinery


Construction,


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


mining,


and material


handling equipment.....................


Metalworking


machinery..................


General industrial machinery............


Electrical machinery,


Electrical
equipment


Household


transmission am
and industrial


appliances,


nd distribution
apparatus.....


including


radio


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


Transportation


Motor


vehicle


Aircraft,
Instruments


equipment, total...........
s and parts................


missiles,
and relate


All other durable


Nondurable


good


goods industry


Food and kindred


Tobacco
Textile
Paper an


produ


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


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


allied


products,


total..........


Pulp, paper,


Chemicals an'
Industrial
Petroleum an
Rubber and p


d allied products,
chemicals, except


total......
pigments...


d coal products..........;....


lastics


All other nondurable



All manufacturing


Total,


Durable


excluding


products,


n.e.c. .. .


goods industries.....



industries:


transportation.....


goods industries,


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


Machinery,


Engines


except


electrical,


total......


and turbines ......-.............


Construction, mining,


and material


handling


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


General


industrial machinery......,,.....


Electrical machinery,


Electrical
equipment
Household


transmission a
and industrial


appliances,


nd distribution
apparatus.....


including


radio


and TVo..n. .. t..... ......... o......
Communication equipment.................


Transportation eq
Aircraft, miss
All other durable


Nondurable g


uipment,
les, and


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


goods industries.......


oods industries


Seasonally


adjusted


Without seasonal
adjustment'


Shipments


58,463
50,671
31,759
1,708

5,436
2,656
2,780
3,163
284
5,509
464
506

731
321
524
4,062

799

907
1,192
7,640
4,444
2,466
1,128
3,113

26,704
9,081
1,729
478
1,884
2,461
1.100


57,244
49,913
30,591

4,995
2,371
3,119
5,322
406

732
300
532

3,987

812

883
1,204
7,179
2,142
5,989

9K aRS


58,326
50,462
31,773
5,184
2,442
3,231
5,703
830

733
290
568

3,945

857

883
1,028
7,864
2,451
5,846

2SR EiR


58,578
50,227

32,093
1,668
5,049
2,363
2,686
3,228
257
5,680
580
515

766
333
553
3,963

797

839
1,125
8,351
4,789
2,844
1,082
3,072

26,485
9,141
1,629
479
1,989

2,481
1,108
4,229
1,459
2,261
1,540
4,365


57,803
49,695
31,352
1,614
4,805
2,308
2,497
3,189
356
5,507
430
504

791
320
533
4,017

813

792
1,181
8,108
4,762
2,615
1,115
2,997
26,451
8,960
1,669
471
1,919
2,453
1,098
4,372
1,486
2,317
1,531
4,428


59,737
51,634
32,768
1,743

5,828
2,924
2,904
3,229
286

5,775
472
620

795
313
554

3,950

819

759
1,223
7,955
4,707
2,476
1,094
3,194

26,969
8,881
1,669
462
1,868
2,483
1,114
4,743
1,616
2,245
1,647
4,640


60,739
51,778
33,790
1,625
5,384
2,585
2,799
3,284
251
6,134
666
632

791
364
521
4,122

837

852
1,183
8,961
5,250
2,948
1,099
3,181
26,949
9,101
1,608
463
2,030
2,559
1,153
4,374
1,520
2,220
1,606
4,596


Seasonally


adjusted


Without


seasonal


adjustment


Total inventories


55,646
47,812
30,499

1,471
4,724
1,960
2,764
3,096
294

5,593
419
542

750
322
562
3,747

719

668
1,181
7,834
4,033
3,116
1,112
2,922
25,147
8,396
1,726
439
1,729
2,347
1,018
4,310
1,463
2,118
1,519
4,289


99,542
84,758
65,536
2,649

9,135
4,942
4,193
7,036
726
13,966
976
989

2,498
1,125
1,196
9,519

2,175

2,041
2,719
14,784
4,195
8,411
2,612
5,835
34,006

7,797
803
2,192
3,250
2,791
1,099
7,094
2,215
2,443
1,954
6,485


99,520
84,828
65,347
2,653
9,210
4,958
4,252
6,969
768
14,011
1,005
989

2,456
1,079
1,172
9,431

2,118

1,980
2,730
14,692
4,080
8,512
2,621
5,760
34,173
7,857
787
2,239
3,262
2,791
1,108
7,173
2,284
2,490
1,940
6,421


New orders Unfilled orders


58,288
49,689
31,867
5,100
2,543
3,075

5,462
438

757
281
564

3,958

753

802
1,233
8,599
2,138
5,673

2R 421


58,698
50,949
31,743
5,242
2,541
3,303
5,644
399

814
300
582

3,893

851

738
1,190
7,601
2,275
6,060

9C Qon


60,630
52,130
33,620
5,621
2,792
3,317
6,182
902

791
322
596

4,050

872

861
1,087
8,500
2,582

5,950

27 010


54,802
48,014
29,594
4,999
2,223
3,121
5,602
402

788
274
559

3,638

661

645
1,126
6,788
2,202
5,446

25 208


83,748
55,763
80,526
8,028
4,818
10,664
15,633
5,021

2,087
1,088
1,637

13,067

3,319

572
5,626
27,985
19,467
5,149

3_222


83,994
55,523
80,843
7,894
4,739
10,661
15,610
4,770

2,120
1,131
1,590

13,084

3,259

527
5,723
28,471
19,859
5,123

3 151


83,400
55,970
80,208
8,392
5,254
10,834
15,549
4,916

2,157
1,067
1,673

12,828

3,315

509
5,497
27,430
19,249
5,175

2 1Q93


100,335
85,464
66, 123
2,742

9,046
4,818
4,228
7,183
776
14,118
990
1,008

2,536
1,131
1,205
9,652

2,184

2,111
2,741
14,871
4,161
8,476

2,638
5,873

34,212
7,639
828
2,243
3,339
2,826
1,111
7,202
2,241
2,420
1,990
6,553


84,435
56,651
81,226
8,978
5,637
10,760
15,678
4,990

2,137
1,080
1,645

12,882

3,282

530
5,530

27,784
19,451
5,144

3 209


99,950
85,225
65,706
2,746
9,221
4,942
4,279
7,037
741
14,109
975
1,040

2,523
1,105
1,200
9,477

2,137

2,008
2,752
14,725
4,108
8,454
2,619
5,772
34,244
7,719
822
2,300
3,351
2,772
1,106
7,285
2,292


86,100
56,844
83,086
7,593
3,815
10,550
16,834
4,823

2,286
1,534
1,656

13,364

3,513

551
5,408
29,256
22,326
5,489

2.014


98,588
83,053
65,285
2,665
8,465
4,457
4,008
6,843
756
13,724
958
1,007

2,362
1,151
1,175
9,723

2,014

2,185
2,863
15,535
4,082
9,418
2,663
5,667
33,303
7,424
887
2,215
3,521
2,747
1,067
6,808
2,241
2,350
1,984
6,254


id


-, 5


.


,













Table 2.--VALUE


OF MANUFACTURERS'


SHIPMENTS,


INVENTORIES,


(Millions


AND ORDERS,
of dollars)


FOR MARKET


CATEGORIES


AND SUPPLEMENTARY SERIES


Seasonally adjusted Without seasonal Without seasonal
Seasonally adjusted adjustment Seasonally adjusted adjustment
adjustment' adjustment
Industry group
Apr. Mar. Feb. Apr. Mar.r Apr. Apr. Mar. Feb. Apr. Mar. Apr.
1971 1971r 1971 1971 1971 1970 1971 1971r 1971 1971p 1971 1970

Shipments Total inventories

All manufacturing industries, total.. 58,463 58,578 57,803 59,737 60,739 55,646 99,542 99,416 99,520 100,335 99,950 98,588

Durable goods industries, total............ 31,759 32,093 31,352 32,768 33,790 30,499 65,536 65,352 65,347 66,123 65,706 65,285
Nondurable goods industries, total......... 26,704 26,485 26,451 26,969 26,949 25,147 34,006 34,064 34,173 34,212 34,244 33,303

Industry groups arranged by market
categories:
Home goods and apparel................... 4,997 4,885 4,805 4,843 5,173 4,303 10,133 10,077 10,044 10,377 10,079 10,173
Consumer staples......................... 11,646 11,586 11,432 11,465 11,558 10,751 12,972 12,952 12,994 12,875 12,936 12,469
Equipment and defense products, except
automotive.............................. 9,123 9,515 9,218 9,429 10,098 9,552 26,048 25,957 26,086 26,327 26,176 26,461
Automotive equipment..................... 4,997 5,350 5,331 5,318 5,822 4,717 5,303 5,195 5,188 5,328 5,282 5,272
Construction materials, supplies, and
intermediate products................... 5,006 4,947 4,818 5,186 4,923 4,478 8,365 8,398 8,355 8,545 8,557 8,208
Other materials and supplies and
intermediate products................... 22,694 22,295 22,199 23,496 23,165 21,845 36,721 36,837 36,853 36,883 36,920 36,005

Supplementary series: 2
Household durable goods industries....... 2,318 2,252 2,124 2,180 2,323 1,950 5,145 5,095 5,052 5,256 5,092 5,281
Producers' capital goods industries...... 6,611 6,785 6,700 6,805 7,205 6,426 17,699 17,577 17,598 17,880 17,680 17,088
Defense products industries (old series). 3,880 4,224 4,048 3,932 4,401 4,571 11,910 11,879 11,998 12,003 11,944 13,042
Defense products (new series)*........... 1,833 1,887 1,898 1,860 1,970 2,038 6,108 6,008 6,020 6,166 6,041 7,425

New orders Unfilled orders

All manufacturing industries, total.. 57,244 58,326 58,288 58,698 60,630 54,802 82,526 83,748 83,994 83,400 84,435 86,100

Durable goods industries, total............ 30,591 31,773 31,867 31,743 33,620 29,594 79,357 80,526 80,843 80,208 81,226 83,086
Nondurable goods industries, total......... 26,653 26,553 26,421 26,955 27,010 25,208 3,169 3,222 3,151 3,192 3,209 3,014

Industry groups arranged by market
categories:
Home goods and apparel................ ... 5,013 4,936 4,799 4,862 5,180 4,285 1,960 1935 1,870 1,882 1,864 1,906
Consumer staples......................... 11,656 11,597 11,436 11,464 11,560 10,743
Equipment and defense products, except
automotive.............................. 8,704 9,089 9,850 9,144 9,755 8,699 45,229 45,669 46069 45,006 45,340 46,266
Automotive equipment.................... 4,976 5,375 5,353 5,266 5,812 4,663
Construction materials, supplies, and
intermediate products................... 4,995 4,949 4,685 5,298 5,000 4,532 10,545 10,557 10,555 10,798 10,686 10,628
Other materials and supplies and
intermediate products................... 21,900 22,380 22,165 22,664 23,323 21,880 24,792 25,587 25,500 25,714 26,545 27,300

Supplementary series :
Household durable goods industries....... 2,333 2,296 2,113 2,180 2,323 1,901 1,570 1,555 1,509 1,498 1,496 1,529
Producers' capital goods industries...... 6,325 6,767 7,518 6,605 7,212 6,254 24,790 25,075 25,093 24,671 24,866 24,566
Defense products industries (old series). 3,572 3,724 3,618 3,698 3,923 3,573 25,230 25,539 26,039 25,185 25,420 28,202
Defense products (new series)*.......... 1,488 1,580 2,357 1,573 1,682 1,473 19,575 19,920 20,227 19,451 19,738 19,254


*During


1968 manufacturers in ordnance,


communication,


aircraft and aircraft


parts,


and ship building industries began to provide aggregate


figures


on shipments,


orders,


and total inventories


of work performed for


the Department


of Defense.


The results


of these reports


included in these


reporters,
new orders


mentary


new defense


series.


Since there are


the data have been seasonally adjusted


adjusted


series


are regroupings


usin


and calendar-month


of the separate


industry


no historical
.g the factors
variations;
'y categories


data available


to develop


of these industries.


unfilled


orders


as of end of month.


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'
equipment
ponents),


capital


goods (former


and machine
shipbuilding


shops),


ly machinery
electrical m


and


and equipment)


machinery
railroad


industries


(excluding
and street


househo


- Machinery, e
Id appliances,


xcept


electrical


communication


(excluding
equipment an


farm machinery
d electronic co


car equipment,


products


industries


aircraft


parts,


and omits defense


(old series)
and ordnance


- Based


industries.


work performed


on reports


(Thus,


for companies
this series


classified
includes si


in the communication


gnificant


&motfltts


equipment,


of nondefense


Defense


industries:


(new se
rdnance.


in that it includes


aircraft,


and aircraft


ries)


- Based


on


communications,
ense actixviy i
parts. The dat


separate
complete


reports o
aircraft,


n ship building
a are comparable


n defense
aircraft


and excludes


work filed by large


defense


parts, and ship building. T
nondefense york in ordnance,


annually


in the HA-175,


contractors


as, it differs
omiunlncations,
Shipments of


in the following


from the old series
complete
Defense-Oriented


Industries, for the specified


for trading-day


Defense


and inventories


separate seasonal factors
Preliminary. revised


and repairing,


aircraft,
industries


for these
'Shipments
The supple-


products


in the ship building


industry.)


to those published


complete
work in these


aef


L













Table 3.--MANUFAC URERSS'


(Based


on seasonally


adjusted


Item and industry


Shipments:
All manufacturing
Durable goods indus
Nondurable goods in
Total inventories:
All manufacturing
New orders:
All manufacturing


Durable
Nondurab


Unfilled
Durable


group


industries.


tries,
dustrie


total........
s, total.....


industries........


industries.........


goods industries, to
ule goods industries,


ital.......
total....


orders:
goods industries,


Month-to-month


-0.2


+0.1


-1.5


+1.3


-0.3


Average


Jan.-
Apr. 1971


+1.1


-0.1


-0.4


monthly


3 months

Oct. 1970-


Jan.


1971


+0.9


+0.1


rates of change


-1.2


+0.4


months


+0.6


+0.2


-0.3


Average,


Average
rise


+1.3


+0.7


+1.1


1965-1970


Average
decline


-1.1


-0.3


-0.7


Table 4


.--RATIO


OF MANUFACTURERS'


INVENTORIES


TO SHIPMENTS


AND UNFILLED


ORDERS


TO SHIPMENTS


BY INnUSTRY


(Based


on seasonally


adjusted


ni rUnfilled orders shipments ratio1
Inventories shipments ratio
(months' backlog)
Industry group
Apr. Mar. Feb. Apr. Apr. Mar. Feb. Apr.
1971 1971r 1971 1970 1971 1971r 1971 1970


All manufacturing industries, total.................. 1.70 1.70 1.72 1.79 2.31 2.34 2.47 2.53
Durable goods industries, total............................ 2.06 2.04 2.08 2.18 2.79 2.82 3.02 3.07
Stone, clay, and glass products.......................... 1.55 1.59 1.64 1.78 (NA) (NA) (NA) (NA)
Primary metals.......................................... 1.68 1.83 1.92 1.93 1.40 1.59 1.64 1.58
Fabricated metals........................................ 2.22 2.18 2.19 2.21 3.69 3.59 3.76 3.78
Machinery, except electrical............................. 2.54 2.46 2.54 2.54 2.80 2.75 2.83 3.12
Electrical machinery.................................... ....... 2.34 2.39 2.35 2.50 3.20 3.30 3.26 3.53
Transportation equipment................................. 1.94 1.75 1.81 2.05 5.71 5.30 5.73 5.59
Instruments and related products......................... 2.32 2.42 2.35 2.31 (NA) (NA) (NA) (NA)
Nondurable goods industries, total......................... 1.27 1.29 1.29 1.33 0.43 0.44 0.44 0.44
Food and kindred products................................ 0.87 0.86 0.88 0.88 (X) (x) (X) (x)
Tobacco products................ ............................. 4.59 4.58 4.75 4,77 (X) (X) (X) (X)
Textile mill products.................................... 1.73 1.65 1.70 1.97 (NA) (NA) (NA) (NA)
Paper and allied products................................ 1.13 1.11 1.14 1.17 (NA) (NA) (NA) (NA)
Chemicals and allied products........................... 1.61 1.69 1.64 1.68 (X) (X) (X) (X)
Petroleum and coal products.............................. 1.08 1.08 1.07 1.11 (X) (X) (X) (X)
Rubber and plastics products, n.e.c..................... 1.25 1.27 1.27 1.35 (X) ) ( (X) (X)


(NA) Not available.
tExcludes the following


vehicle


assembly


operations;


PPreliminary.


industries


with


foods and related


Revised.
no unfilled


products;


(X) No
orders: W
tobacco;


t applicable.


ooden


apparel


containers~


and related


glass containers;


products;


metal


chemicals;


cans,


barrels


petroleum


drums;


motor


and coal products;


rubber and plastics


GROUP












, BY STAGE OF FABRICATION,


(Millions


of dollars)


Without seasonal Without seasonal
Seasonally adjusted adjustment Seasonally adjusted adjustment
~adjustment -adjustment
Industry group
Apr. Mar. Feb. Apr. Mar. Apr. Apr. Mar. Feb. Apr. Mar. Apr.
1971 1971r 1971 1971 1971 1970 1971 1971r 1971 1971p 1971r 1970

Total Materials and supplies

All manufacturing industries, total.. 99,542 99,416 99,520 100,335 99,950 98,588 30,361 30,070 30,188 30,236 29,975 29,410
Durable goods industries, total............ 65,536 65,352 65,347 66,123 65,706 65,285 18,175 17,863 17,877 17,959 17,610 17,366
Stone, clay, and glass products.......... 2,649 2,652 2,653 2,742 2,746 2,665 869 845 844 867 847 821
Primary metals.........................,,... 9,135 9,234 9,210 9,046 9,221 8,465 3,266 3,225 3,230 3,073 3,046 2,850
Machinery (electrical and nonelectrical). 23,485 23,455 23,442 23,770 23,586 23,447 5,745 5,765 5,774 5,741 5,730 5,563
Transportation equipment................. 14,784 14,629 14,692 14,871 14,725 15,535 3,143 3,001 3,045 3,140 3,022 3,114
All other durable goods industries....... 15,483 15,382 15,350 15,694 15,428 15,173 5,152 5,027 4,984 5,138 4,965 5,018
Nondurable goods industries, total......... 34,006 34,064 34,173 34,212 34,244 33,303 12,186 12,207 12,311 12,277 12,365 12,044
Chemicals and allied products............ 7,094 7,166 7,173 7,202 7,285 6,808 2,377 2,416 2,378 2s392 2,415 2,278
Petroleum and coal products.............. 2,443 2,453 2,490 2,420 2,434 2,350 546 547 593 560 555 540
Rubber and plastics products, n.e.c...... 1,954 1,957 1,940 1,990 1,984 1,984 617 620 622 603 597 597
All other nondurable goods industries.... 22,515 22,488 22,570 22,600 22,541 22,161 8,646 8,624 8,718 8,722 8,798 8,629

Work in process Finished goods

All manufacturing industries, total.. 34,421 34,557 34,696 34,700 34,793 35,604 34,760 34,789 34,636 35,399 35,182 33,574
Durable goods industries, total............ 29,569 29,645 29,747 29,858 29,910 30,620 17,792 17,844 17,723 18,306 18,186 17,299
Stone, clay, and glass products..,...... 369 391 392 402 425 418 1,411 1,416 1,417 1,473 1,474 1,426
Primary metals.......................... 2,961 3,036 3,094 2,975 3,090 2,907 2,908 2,973 2,886 2,998 3,085 2,708
Machinery (electrical and nonelectrical). 10,648 10,632 10,655 10,752 10,725 11,059 7,092 7,058 7,013 7,277 7,131 6,825
Transportation equipment................. 10,188 10,168 10,163 10,259 10,220 10,859 1,453 1,460 1,484 1,472 1,483 1,562
All other durable goods industries....... 5,403 5,418 5,443 5,470 5,450 5,377 4,928 4,937 4,923 5,086 5,013 4,778
Nondurable goods industries, total......... 4,852 4,912 4,949 4,842 4,883 4,984 16,968 16,945 16,913 17,093 16,996 16,275
Chemicals and allied products............ 923 902 938 921 905 878 3,794 3,848 3,857 3,889 3,965 3,652
petroleum and coal products.............. 411 495 514 406 492 541 1,486 1,411 1,383 1,454 1,387 1,269
Rubber and plastics products, n.e.c...... 307 316 311 305 311 312 1,030 1,021 1,007 1,082 1,076 1,075
All other nondurable goods industries.... 3,211 3,199 3,186 3,210 3,175 3,253 10,658 10,665 10,666 10,668 10,568 10,279

Preliminary.
Revised.


GROUP












Appendix


The following is a description of the survey and


EXPLANATION OF TERMS


definitions used.


These are provided to clarify


the meaning
represent ax


of the items


involved and do not


revisions from those definitions


previously employed.


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


reported


which


are received


DESCRIPTION OF THE SURVEY


receivable net selling values,


discounts


f.o.b.


plant, after


and allowances and excluding freight


The Manufacturers'


Shipments,


Inventories,


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-


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


lishments.


the ASM,


each


manufacturing


establishment provides data on employment, pay-


rolls,


shipments,


penditures, ar
selected items.
information or


cost of materials,


inventories


as wel]


capital ex-
Sas 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.


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.


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


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 SIC group level.


dustry cai
industries,


te


Since the M3-1 in-


igories typically are groupings of
this duplication is significant for the


reporting


typically


comprises


the entire


operations of 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


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


SITC ind.ia.rrip whirh rnmlo 'in th4 noarnr-r ,Tw




UNIVERSITY OF FLORIDA
Sii ii IIII l 1 IIII IIII lllll fllIII
8 3 1262 08589 4417


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:
and (c)
inventor


stories are reported by stage of fabri-
(a) finished goods; (b) work in process;
materials, supplies, fuel, and other


ies.


In using


inventories


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
contain industries with successive stages of


processing,


the same type of commodity may be


included under different inventory categories in
the aggregate statistics.


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 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 re-
porting period are equal to unfilled orders at the


beginning


of the period


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


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 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 and sea-
sonally adjusted unfilled orders.