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:
April 1972
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:
AA00008477:00055

Related Items

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

Full Text

A UNITED STATES
DEPARTMENT OF
COMMERCE
PUBLICATION


SISCSI IM I J TRIAL
^<.

we ~e*
~)i ~toq,
A
SW.


is
*
^ Ia


nufacturers'


inventories,


REPORTS


Shipments,


and


Orders


April 1972


"PARTME


MMMERCE Social and Economic Statistics Administration BUREAU OF THE CENSUS


FOR RELEASE:


May 31, 1972


SERIES:


M3-1 (72)-4


SUMMARY

:, New orders for manufactured prod
increased $390 million or 0.6 perce
million from $63.54 billion in March af
adjustment. Shipments increased $7
1.2 percent to $63.63 billion from $62
March. Unfilled orders increased $3
0.4 percent to $81.46 billion at the
Manufacturers' inventories decreased
to $101.08 billion at the end of Ap


UNFILLED ORDERS


ucts in April
.nt to $63.93
Peter seasonal
30 million or
.90 billion in
10 million or
end of April.
$160 million


ril.


The in-


ventories to shipments ratiodecreased from 1.61 to
1.59.
For the 3 months ending in April, the average
nonth-to-month change in new orders was an 0.5
percent increase compared with a 3.1 percent in-
crease for the 3 months ending in January and an
OA :percent decrease for the 3 months ending in
October.


Unfilled orders for durable goods increased $270
million or 0.3 percent to $77.84 billion at the end of
April. Among the supplementary series, unfilled
orders for producers' capital goods increased $230
million or 1.0 percent to $24.74 billion.

INVENTORIES

Inventories of both durable and nondurable goods


decreased


$80 million each in April.


manufacturing level,
creased $60 million,


million,


materials


At the all


and supplies in-


work-in-process decreased


and finished


goods decreased $40


million.

SCHEDULED RELEASE DATES

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


advance
report


N!W ORDERS


report


on durable goods.


The advance


is based on a tabulation of early reports


and is limited


to statistics


on shipments,


New orders for durable goods increased $410
irfllion or 1.2 percent to $35.50 billion in April.


orders, and unfilled orders for a few broad industry


categories
complete


The present report is based on more


but the estimates


reporting,


are also


orders for aircraft and parts and r


vehicles and parts increased $290 million and $140
million respectively. Among the supplementary
series, new orders for defense products increased
$200 million.


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, 1972


and the full
June 30, 1972.


report


is scheduled for release on


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


SHIPMENTS


Shipments of durable goods increased $650
million or 1.9 percent to $35.24 billion in April.
This increase was spread over all industries.
Shipments of nondurable goods increased $80 million
or 0.3 percent to $28.39 billion.


Inquiries


concerning


these


figures


should be


addressed to the U.S. Department of Commerce,


Social


Economic


Statistics


Administration,


Bureau of the Census, Industry Division, Washington
D.C. 20233.


Mew


new









OF MANUFACTURERS'


(Millions


of dollars)


Industry


All manufacturing


group


industries:


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


Total,


Durable g
Stone, I
Primary


excluding


transportation.....
total.....,.......


oods industries,


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


metals,


Blast furnaces


All other
Fabricated
Metal can
Machinery, 4


Engines


prim


metal


total... ................ .
, steel mills.............
lary metals................


products,


s, barrels,


except


and drums.. ....... .


electrical,


total.......


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


Farm machinery


Construction, mining,


handling


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


and material


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


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


General


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


Electrical machinery,


Electrical


equipment
Household


transmiss


total.. ............
sion 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


good


goods industry


Food and kindred


and parts............
*d products..........
[s industries ........
ies, total..........
Lcts, total..........


produ


Meat products...........................


Tobacco
Textile
Paper a
Pulp,


products... ............. ... ... ...
mill products.....................


nd allie
paper,


Chemicals ani
Industrial
Petroleum am
Rubber and p
All other no


products,


d allied pr
chemicals,


oducts,
except


total..p....
pigments...


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


lastics
durable


products,


n.e.c.......


goods industries.....


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


Total,


Durable


excluding


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 in

Electrical m
Electrical
equipment


Household


dustrial

machinery,


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

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


transmission an
and industrial


td distribution
apparatus.....


appliances, including


radio


and TV..c .... ...... ........ ............
Communication equipment......*..........


Transportation


Aircraft,


mis


All other durable


Nondurable


equipment,
smiles, and


total ...* ... .. .
parts. .... ......


goods industries........


goods industries


Industries with unfilled


o, totalrr........
orders....*.... ..


Seasonally adjusted


Without seasonal
adjustment'


Mar. Feb. Apr. Mar.
1972" 1972 1972w 19721'


Shipments


2.038


3,804
404
5,639
303
554

934
444
454
5,108

1,000

1,214
1,335
8,227
5,655
1,947
1,083
3,904
28,386

9,570
2,090
517
(2 )
2,416
972
4,647
1,449
2,578
1,779
6,879


62,901
54,817

34,594


3,671
391
5,531
346
561

913
440
481
5,005

1,014

1,128
1,277
8,084
5,466
1,904
1,021
3,887
28,307
9,519
2,031
526
(2)

2,426
971
4,637
1,458
2,528
1,718
6,953


61,865
53,647
34,013


3,566
391
5,314
370
494

911
408
455
4,937

996

1,069
1,232
8,218
5,559
1,972
1,009
3,767
27,852
9,421
2,011
532
(2)
2,431
964
4,582
1,474
2,470
1,666
6,750


36,102


3,903
411
5,844
304
642

1,021
434
465
4,967

1,031

1,017
1,377
8,475
5,851
1,946
1,033
3,991
28,394
9,222
2,039


64,609
56,069
35,992


3,736
384
5,870
380
649

961
483
492
5,175

1,078

1,119
1,332
8,540
5,809
2,008
1,010
4,037
28,617
9,436
2,039
511
(2)
2,468
997
4,756
1,496
2,452
1,791
7,203


32,003
1,754


3,548
317
4,956
306
505

865
336
403
4,218

862

886
1,249
7,554
4,895
1,997
960
3,319
26,376
8,570
1,931
463
(2)
2,148
910
4,537
1,486
2,323
1,618
6,717


6,859
703
13,355
1,022
1,155

2,522
1,161
1,129
9,899

2,272

1,871
3,005
14,053
4,036
7,580
2,490
6,391
36,210
9,136
818
2,339
(2)
2,721
1,000

6,639
1,864
2,333
2,238
10,804


7,087
749
13,365
1,011
1,130

2,581
1,167
1,112
9,885

2,300

1,837
3,042
13,984
3,988
7,580
2,475
6,370
36,294
9,163
797
2,320
(2)

2,739
1,001
6,711
1,853
2,328
2,217
10,816


7,183
762
13,425
997
1,119

2,610
1,167
1,138
9,823

2,292

1,811
3,012
13,850
3,938
7,550
2,494
6,300
36,264
9,227
786
2,312
(2)
2,739
994
6,684
1,868
2,378
2,171
10,753


a _____________________ _____________________ _____________________ I _____________________


bhout seasonal
.a justment


Aprvttl
'


6,996
738
13,523
1,030
1,182

2,565
1,169
1,141
10,026

2,281

1,940
3,020
14,120
4,020
7,597
2,533
6,426
36,429
8,965
847
2,388
(2)
2,758
1,010

6,736
1,886
2,311
2,276
10,995


65,281


7,088
739
13,500
1,009
1,176

2,625
1,166
1,128
9,883

2,311

1,820
3,048
14,070
4,016
7,594
2,487
6,408
36,415
9,006
821
2,427
(2)

2,746
1,007
6,830
1,902
2,315
2,245
10,846


Apr.
1971


101,257
87,259
65,649


7,281
747
14,053
944
1,152

2,673
1,229
1,199
10,136

2,239

1,972
3,069
13,998
4,060
7,922
2,403
6,135
35,608
8,594
843
2,261
(2)
2,762
1,030
6,846
1,887
2,327
2,178
10,640


New orders Unfilled orders


63,927
55,588
35,500
5,468
2,511
3,716
5,772
412

930
437
465

5,094

1,079

1,236
1,213
8,339
2,110
7,111

28,427
7,613


63,541
55,660
35,095
5,515
2,523
3,780
5,733
427

984
488
448

5,034

1,032

1,191
1,265
7,881
1,818
7,152

28,446
7,850


62,514
54,110
34,505
5,248
2,454
3,611
5,512
423

855
419
496

4,898

945

1,062
1,305
8,404
1,744
6,691

28,009
7,702


64,978
56,411
36,512
5,881
2,748
3,914
6,054
388

1,034
448
493

4,917

1,091

1,043
1,222
8,567
2,083
7,179

28,466
7,644


65,202
56,918
36,454
5,846
2,777
3,858
6,097
427

1,054
516
481

5,156

1,103

1,155
1,284
8,284
1,962
7,213

28,748
7,949


57,433
50,210
31,032
5,184
2,506
3,613
4,837
233

890
311
425

4,140

849

859
1,244
7,223
1,820
6,035

26,401
6,952


81,462
55,625
77,839
6,274
3,329
10,556
15,386
5,265

2,509
1,061
1,467

14,306

3,949

780
5,952
25,837
17,794
5,480

3,623
3,623


81,153
55,429
77,573
6,243
3,341
10,644
15,252
5,155

2,514
1,067
1,456

14,319

3,870

757
6,073
25,724
17,631
5,391

3,580
3,580


80,519
54,591
77,078
6,022
3,258
10,534
15,052
5,075

2,442
1,019
1,489

14,291

3,852

695
6,085
25,928
17,717
5,251

3,441
3,441


81,897
56,225
78,267
6,817
3,791
10,647
15,450
5,239

2,612
1,067
1,460

14,202

4,013

737
5,809
25,672
17,818
5,479

3,630
3,630


81,420
55,841
77,859
6,756
3,769
10,636
15,242
5,156

2,599
1,053
1,432

14,252

3,953

711
5,964
25,579
17,681
5,394

3,561
3,561


81,713
56,194
78,612
8,342
5,242
11,152
14,378
4,828

2,396
1,068
1,249

14,067

3,856

637
5,720
25,519
18,585
5,154

3,101
3,101


I


I


t


ed










CATEGORIES AND SUPPLEMENTARY SERIES


Table 2.--VALUE OF MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS, FOR MARKET


(Millions of dollars)

1sa adusWithout seasonal Without seasonal
Seasonally adjusted adjustment1 Seasonally adjusted adjustment
Industry group
Apr. Mar. Feb. Apr. Mar. Apr. Apr. Mar. Feb. Apr. Mar. Apr.
1972p 1972r 1972 1972p 1972r 1971 1972p 1972r 1972 1972 1972r 1971

Shipments Total inventories


All manufacturing industries, total.. 63,627 62,901 61,865 64,496 64,609 58,379 101,082 101,244 101,033 101,918 101,696 101,257

Durable goods industries, total............ 35,241 34,594 34,013 36,102 35,992 32,003 64,872 64,950 64,769 65,489 65,281 65,649
Nondurable goods industries, total......... 28,386 28,307 27,852 28,394 28,617 26,376 36,210 36,294 36,264 36,429 36,415 35,608

Industry groups arranged by market
categories:
Home goods and apparel................... 5,847 5,713 5,500 5,626 5,978 5,315 10,930 10,963 10,939 11,195 10,964 10,778
Consumer staples..-....................... 12,254 12,256 12,148 11,913 12,149 11,129 14,015 14,075 14,158 13,909 14,016 13,495
Equipment and defense products, except
automotive................................ 9,214 9,103 8,804 9,499 9,601 8,461 25,550 25,619 25,576 25,796 25,787 26,120
Automotive equipment..................... 6,293 6,112 6,186 6,563 6,464 5,511 5,255 5,202 5,147 5,301 5,310 5,256
Construction materials, supplies, and
intermediate products................... 5,718 5,746 5,610 5,866 5,662 5,147 7,915 8,006 8,036 8,084 8,160 8,105
Other materials and supplies and
intermediate products................... 24,301 23,971 23,617 25,029 24,755 22,816 37,417 37,379 37,177 37,633 37,459 37,503

Supplementary series:2
Household durable goods industries....... 2,865 2,757 2,625 2,673 2,813 2,253 4,972 4,931 4,888 5,083 4,936 4,939
Producers' capital goods industries...... 7,047 7,112 6,940 7,221 7,449 6,123 17,349 17,350 17,370 17,546 17,447 17,634
Defense products industries (old series). 3,695 3,581 3,601 3,762 3,799 3,659 11,511 11,572 11,473 11,547 11,592 11,958
Defense products (new series)*........... 1,905 1,767 1,815 1,932 1,859 1,852 6,108 6,063 5,896 6,151 6,073 6,165

New orders Unfilled orders

All manufacturing industries, total.. 63,927 63,541 62,514 64,978 65,202 57,433 81,462 81,153 80,519 81,897 81,420 81,713

Durable goods industries, total............ 35,500 35,095 34,505 36,512 36,454 31,032 77,839 77,573 77,078 78,267 77,859 78,612
Nondurable goods industries, total......... 28,427 28,446 28,009 28,466 28,748 26,401 3,623 3,580 3,441 3,630 3,561 3,101

Industry groups arranged by market
categories:
Home goods and apparel................... 5,874 5,854 5,489 5,670 6,070 5,335 2,444 2,414 2,269 2,367 2,334 1,988
Consumer staples............................. 12,253 12,262 12,146 11,903 12,141 11,130
Equipment and defense products, except 4,680 44,643 44,817 44,459 44,477 43,608
automotive.............................. 9,300 8,931 9,019 9,538 9,412 8,200
Automotive equipment..................... 6,240 6,113 6,415 6,506 6,388 5,453
Construction materials, supplies, and 10,212 10,326 10,130 10,345 10,299 10,705
intermediate products................... 5,605 5,941 5,596 5,912 5,879 5,243
Other materials and supplies and
intermediate products................... 24,655 24,440 23,849 25,449 25,312 22,072 24,126 23,770 23,303 24,726 24,310 25,412

Supplementary series:2
Household durable goods industries....... 2,909 2,883 2,601 2,707 2,887 2,247 1,991 1,943 1,819 1,914 1,879 1,598
Producers' capital goods industries...... 7,280 7,238 7,242 7,521 7,586 5,894 24,737 24,503 24,378 24,678 24,377 23,139
Defense products industries (old series). 3,765 3,482 3,452 3,756 3,697 3,472 24,370 24,298 24,397 24,269 24,275 24,986
Defense products (new series)*........... 1,947 1,752 1,780 1,943 1,831 1,584 20,964 20,923 20,937 20,764 20,753 19,470


WDuring 1968 manufacturers
figures on shipments, orders,-
cluded in these new defense se
the data have been seasonally


in ordnanc
and total
ries. Sin
adjusted u


e, communica
inventories
ce there are


sing


adjusted for trading-day and calendar-month vari
regroupings of the separate industry categories


the factors


, aircraft and aircr
rk performed for the
historic data availab
of these industries.


aft parts,
Department
le to devel


op


I ship bui]
SDefense.
separate


PPreliminary.


nations; unfilled orders and inventories as of
as follows:


Hiding industries began to provide aggregate
The results of these reports are in-
seasonal factors for these reporters,


Revised.
end of month.


1Shipments


and new orders


2The supplementary


series


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' capital goods (formerly machinery and equipment) industries Machinery, except electrical (excluding farm machinery and
equipment and machine shops), electrical machinery (excluding household appliances, communication equipment and electronic
components), shipbuilding and repairing, and railroad and street car equipment.


Defense products industries (old series) -
aircraft-parts, and ordnance industries.
omits defense work performed in the ship


Based on reports for companies classified in the
(Thus, this series includes significant amounts
building industry.)


communication
of nondefense


equipment, complete aircraft,
work in these industries and


Defense products (new series) Based on separate
industries: ordnance, communications, complete
in that it includes defense activity in ship bui
and aircraft parts. The data are comparable to
the specified industries.


reports on defense work filed by large defense contractors in the following
aircraft, aircraft parts, and ship building. Thus, it differs from the old series
hiding and excludes nondefense work in ordnance, communications, complete aircraft,
those published annually in the MA-175, Shipments of Defense-Oriented Industries, for









AND LONG TERM PERCENT


Table 3,--MANUFACTURERS'


(Based


on seasonally


adjusted


Month-to-month Average monthly rates of change Average, 1966-1971

3 months 12 months
Item and industry group Mar.- Feb.- Jan.- Average Average
Apr. Mar. Feb.deln
A97 197. 1e7 Jan. 1972- Oct. 1971- July 1971- Apr. 1971- rise decline
1972 1972 1972
Apr. 1972 Jan. 1972 Oct. 1971 Apr. 1972


Shipments:
All manufacturing industries......... +1.2 +1.7 40.8 +1.2 +2.2 -0.6 40.8 +1.3 -1.1

Durable goods industries, total........ +1.9 +1.7 +1.3 +1.6 +2.5 -1.0 +1.0 +2.1 -1.7
Nondurable goods industries, total..... +0.3 +1.6 +0.3 +0.7 +1.9 0.0 +0.6 +1.0 -0.6

Total inventories:
All manufacturing industries......... -0.2 +0.2 +0.2 +0.1 +0.1 +0.2 0.0 +0.5 -0.2

New orders:
All manufacturing industries......... +-0.6 +1.6 -0.8 40.5 +3.1 -0.4 +1.0 +1.9 -1.3

Durable goods industries, total........ +1.2 +1.7 -1.7 +0.4 +4.2 -0,9 +1.4 +3.0 -2.3
Nondurable goods industries, total..... -0.1 +1.6 +0.4 +0.6 +1.9 +0.1 +0.6 +0.9 -0.5

Unfilled orders:
Durable goods industries, total........ +0.3 +0.6 +0.6 40.5 +1.0 -0.1 0.0 +0.8 -0.8














Table 4.--VALUE OF MANUFACTURERS' INVENTORIES, BY STAGE OF FABRICATION, BY INDUSTRY GROUP

(Millions of dollars)

Without seasonal Without seasonal
Seasonally adjusted Wtut en Seasonally adjusted adjusent
adjustment adjustment
Industry group
Apr. Mar. Feb. Apr. Mar. Apr. Apr. Mar. Feb. Apr. Mar. Apr.
1972 1972r 1972 1972P 1972r 1971 1972p 1972r 1972 1972p 1972r 1971

Total Materials and supplies

All manufacturing industries, total.. 101,082 101,244 101,033 101,918 101,696 101,257 32,363 32,299 32,569 32,234 32,227 32,165
Durable goods industries, total............ 64,872 64,950 64,769 65,489 65,281 65,649 18,989 18,969 19,037 18,775 18,758 19,160
Stone, clay, and glass products.......... 2,244 2,220 2,235 2,328 2,304 2,352 758 754 711 754 759 747
Primary metals........................... 9,581 9,564 9,459 9,537 9,541 9,291 3,659 3,686 3,682 3,474 3,516 3,183
Machinery (electrical and nonelectrical). 23,254 23,250 23,248 23,549 23,338 24,189 6,397 6,322 6,357 6,403 6,298 6,510
Transportation equipment................. 14,053 13,984 13,850 14,120 14,070 13,998 2,702 2,711 2,678 2,702 2,740 3,162
All other durable goods industries....... 15,740 15,932 15,977 15,955 16,028 15,819 5,473 5,496 5,609 5,442 5,445 5,558
Nondurable goods industries, total......... 36,210 36,294 36,264 36,429 36,415 35,608 13,374 13,330 13,532 13,459 13,469 13,005
Chemicals and allied products............ 6,639 6,711 6,684 6,736 6,830 6,846 2,277 2,330 2,299 2,287 2,332 2,381
Petroleum and coal products.............. 2,333 2,328 2,378 2,311 2,315 2,327 552 547 566 561 557 550
Rubber and plastics products, n.e.c...... 2,238 2,217 2,171 2,276 2,245 2,178 674 685 648 657 646 701
All other nondurable goods industries.... 25,000 25,038 25,031 25,106 25,025 24,257 9,871 9,768 10,019 9,954 9,934 9,373

Work in process Finished goods

All manufacturing industries, total.. 34,225 34,412 34,140 34,504 34,545 33,954 34,494 34,533 34,324 35,180 34,924 35,138
Durable goods industries, total............ 28,896 28,969 28,878 29,176 29,166 28,867 16,987 17,012 16,854 17,538 17,357 17,622
Stone, clay, and glass products.......... 289 269 290 311 294 318 1,197 1,197 1,234 1,263 1,251 1,287
Primary metals........................... 3,191 3,149 3,092 3,229 3,206 3,198 2,731 2,729 2,685 2,834 2,819 2,910
Machinery (electrical and nonelectrical). 10,312 10,368 10,335 10,419 10,437 10,818 6,545 6,560 6,556 6,727 6,648 6,861
Transportation equipment................. 9,920 9,869 9,810 9,960 9,898 9,375 1,431 1,404 1,362 1,458 1,432 1,461
All other durable goods industries....... 5,184 5,314 5,351 5,257 5,331 5,158 5,083 5,122 5,017 5,256 5,207 5,103
Nondurable goods industries, total......... 5,329 5,443 5,262 5,328 5,379 5,087 17,507 17,521 17,470 17,642 17,567 17,516
Chemicals and allied products............ 903 915 899 899 922 903 3,459 3,466 3,486 3,550 3,576 3,562
Petroleum and coal products.............. 445 452 452 442 453 443 1,336 1,329 1,360 1,308 1,305 1,334
Rubber and plastics products, n.e.c...... 354 365 348 351 349 326 1,210 1,167 1,175 1,268 1,250 1,151
All other nondurable goods industries.... 3,627 3,711 3,563 3,636 3,655 3,415 11,502 11,559 11,449 11,516 11,436 11,469

Preliminary.
Revised.


data)










OF MANUFACTURERS'


(Based


on seasonally


adjusted


Inen e st r Unfilled orders shipments ratio1
Inventories shipments ratio n backlog)
(months' backlog)
Industry group
Apr. Mar. Feb. Apr. Apr. Mar. Feb. Apr.
1972 1972r 1972 1971 1972 1972r 1972 1971


All manufacturing industries, total.................. 1.59 1.61 1.63 1.74 2.13 2.14 2.17 2.35
Durable goods industries, total............................. 1.84 1.88 1.90 2.08 2.53 2.57 2.61 2.83
Stone, clay, and glass products.......................... 1.10 1.06 1.09 1.31 (NA) (KA) (NA) (NA)
Primary metals........................................... 1.76 1.81 1.84 1.73 1.15 1.18 1.17 1.41
Fabricated metals........................................ 1.80 1.93 2.01 2.06 3.10 3.25 3.32 3.51
Machinery, except electrical............, ...........*... 2.37 2.42 2.53 2.90 2.73 2.76 2.83 2.99
Electrical machinery ...... ................................ 1.94 1.98 1.99 2.30 2.80 2.86 2.89 3.26
Transportation equipment.............................. 1.71 1.73 1.69 1.90 5.99 5.98 6.03 6.24
Instruments and related products......................... 2.30 2.42 2.47 2.35 (NA) (NA) (NA) (NA)
Nondurable goods industries, total.......................,.. 1.28 1.28 1.30 1.34 0.48 0.46 0.46 0.45
Food and kindred products................................ 0.95 0.96 0.98 0.99 (X) (X) (X) (X)
Tobacco products......................................... 4.52 4.41 4.35 4.70 (X) (X) (X) (X)
Textile mill products.................................... (2) (2) (2) (2) (NA) (NA) (NA) (NA)
Paper and allied products................................ 1.13 1.13 1.13 1.28 (NA) (NA) (NA) (NA)
Chemicals and allied products............................ 1.43 1.45 1.46 1.57 (x) (X) (X) (X)
Petroleum and coal products............ ................ 0.90 0.92 0.96 0.99 (X) (X) (X) (X)
Rubber and plastics products, n.e.c...................... 1.26 1.29 1.30 1.39 (x) (X) (X) (x)


(NA) Not available.
1Excludes the following


vehicle
rubber a


assembly
nd plastic


operations;
cs products,


Preliminary.


industries


with


foods and related


Revised.
no unfilled


products;


(X)
order:


tobacco;


Not applicable.


Wooden


containers;


apparel


and rela


glass containers;
ted products; che


metal


barrels


micals; petroleum


and drums;


motor


and coal products;


ORDERS


GROUP











Appendix


The following is a description of the survey and


definitions us
the meaning
represent any


EXPLANATION OF TERMS


These are provided to clarify


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


DESCRIPTION OF THE SURVEY


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-


lishments.


the ASM,


manufacturing


establishment provides data on employment, pay-


rolls,


shipments,


penditures, an
selected items.
information onr


cost of materials,


inventories


as wel]


capital ex-
l 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.


ASM


which


are received


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,


for individual establishments.


and orders data monthly


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 cat
industries,


Since the M3-1 in-


.gories typically are groupings of
this duplication is significant for the


reporting
operations


typically


comprises


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 bv using a


link relative of matched


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


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,


"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.


ventories


The figures on the change in in-


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


successive


stages


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


* *I 1 .


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 ofparitial 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
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 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.


sea-


'I






U.S. DEPARTMENT OF COMMERCE
Social and Economic Statistics Administration
BUREAU OF THE CENSUS


Washington, D.C.


20233


UNIVERSITY OF FLORIDA


3 1262 08589 4383


POSTAGE AND FEES PAID
U.S. DEPARTMENT OF COMMERCE


U.S.MAIL


OFFICIAL BUSINESS