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:
December 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:
AA00008477:00062

Related Items

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

Full Text

A UNITED STATE CURRENT INDUSTRIAL REPORTS
A UNITED STATES
DEPARTMENT OF
COMMERCE "
PUBPATMSN Manufacturers' Shipments,


Inventories, and Orders

November 1972


U. S. DEPARTMENT OF COl M (eo d Economic Statistics Administration BUREAU OF THE CENSUS
I -
ir .1ft & a S >->->_ _^ ^>_^T i^^ ^ _>_ _^ _>>_ __> _i^ ^ ^_ ^ ^ _


FOR RELEASE:


SUMMAR Y


New


orders


.
November merea


January 3, 1 3 <.


-At-
for manufactured Fpd
sed $2.57 billion or


to $68.03 billion from $65.45 billion in (f<5f
after seasonal adjustment. Shipments in November
increased $2.02 billion or 3.1 percent to $66.74
billion. Unfilled orders increased $1.29 billion


or 1.0 percent to $84.2U billion at the end ot
November. Manufacturers' inventories increased
$510 million or 0.5 percent to $106.52 billion at
the end of November. The inventories to ship-
ments ratio decreased from 1.64 to 1.60.


For the 3


months


ending in November, the


average month-to-month change in new orders
tas a 1.8 percent increase compared with a 1.3
percent, increase for the 3 months ending in
August and a 1.2 percent increase for the 3 months
ending in May.


SERIES:


1973
UF


M3-1(72)-11


LED ORDERS


Infilled orders for durable goods increased
7 billion or 1.3 percent to $80.24 billion at


of November,


led by


nonelectrical


machinery ($540 million), electrical machinery
($245 million), and primary metals ($185million).

INVENTORIES


Inventories


of durable goods and nondurable


goods manufacturers increased $440 million and
$75 million respectively in November. At the
all manufacturing level, materials and supplies
increased $305 million, goods in process in-
creased $125 million, and $85 million.


SCHEDULED RELEASE DATES

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


advance report on durable goods.


The advance


NEW ORDERS


report is based on a tabulation of early reports


and is limited


to statistics on shipments, new


New orders for durable goods increased $1.14
billion or 3.1 percent to $37.90 billion. In-


orders,


and unfilled


industry categories.


orders


for a few broad


The present report is based


in new orders were reported for non-


electrical mac
metals ($275
($195 million);
million).


hinery
million
and


8 (;i85 million); primary
n); stone, clay and glass
electrical machinery ($145


I -'~ -


on more complete reporting, but the estimates
are also 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 December is scheduled for
release on January 22, 1973 and the full report
is scheduled for release on January 31, 1973.


SHIPMENTS


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


Shipments
million or
November.


of durable


percent


goods


increased $750


to $36.84


billion


Shipments of nondurable goods in-


creased $1.26 billion or 4.4 percent to $29.9
billion, led by the foods industry ($525 million).


0


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


Social
Bureau


and Economic Statistics Administration,
of the Census, Industry Division,


Washington, D.C.


20233.


creases


re-


J


y


m- =

































Digitized by the Internet Archive
in 2011 with funding from


University of Florida, George A. Smathers


Libraries with support from LYRASIS and the Sloan Foundation










Table 2.-VALUE OF. MANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS, FOR MARKET CATEGORIES AND SUPPIEMWTARY SERIES
(Millions of dollars)
Without seasonal Without seasonal
Seasonally adjusted Wihut ean1 Seasonally adjusted du et
adjustment adjustment
Industry group
Nov. Oct. Sept. Nov. Oct. Nov. Nov. Oct. Sept. Nov. Oct. Nov.
1972p 1972r ,.1972 1972I 1972r 1971 1972P 1972r 1972 1972P 1972r 1971


All manufacturing i

Durable goods industries,
Nondurable goods industry

Industry groups arranged
categories:
Home goods and apparel.
Consumer staples.......
Equipment and defense p
automotive............
Automotive equipment...
Construction materials,
intermediate products.


industries,

total....
es, total.


total..


by market

....... S ........ a
..S.**.*.**SS**a*** .
products, except

*supplies* and
supplies, and
**. o.....o*.o ..o ..... *


Other materials and supplies and
intermediate prodtucts...................

Supplementary series:2
Household durable goods industries5......
Capital goods industries................
Nondefense..o..........................
Defenset...............................


All manufacturing industries,

Durable goods industries, total.....
Nondurable goods industries, total..

Industry groups arranged by market
categories:
Home goods and apparel............
Consumer staples..................
Equipment and defense products, ex
automotive.....................
Automotive equipment..............
Construction materials, supplies,
intermediate products............
Other materials and supplies and
intermediate products............


total..


*.......


accept

. .an da a
and
.*-....


Supplementary series:
Household durable goods industries.......
Capital goods industries.................
Nondefense..............................
Defense*...............................


Shipments


66,500

36,649
29,851



6,838
12,868

9,151
7,040


24,878


inventories


106,520

69,769
36,751


106,008

69,330
36,678



11,593
14,236

27,452
5,806

8,653

38,268


441]106


38,134f


105,31


101,183

65,461
35,722



10,509
14,089


New orders Unfilled orders


82,180


83.268


tDuring 1968
gate figures on


included


manufacturers in ordnance
shipments, orders, and to


in the defense


series.


variations; unfilled orders and
categories as follows:


, communications,
tal inventories of


Preliminary.
inventories as of


aircraft
work per


Revised.
end of month.


and aircraft parts, and s
formed for the Department
1Shipments and new orders


2The supplementary


series


shipbuilding i
of Defense.
adjusted for


industries began
The results of
trading-day an


are regroupings of the


to provide aggre-
these reports are
calendar-month


separate industry


Household durable goods industries Household furniture; kitchen articles and pottery; cutlery, h
appliances; ophthalmic goods, watches, and clocks; and miscellaneous personal goods.
Capital goods industries The capital goods industries series is comparable to the previous Produ
Products (old series) categories.
Nondefense products Machinery, except electrical (excluding farm machinery and equipment and mac
(excluding household appliances and electronic components), and the nondefense portions of shipb
equipment, communication equipment, aircraft and aircraft parts, and ordnance.
Defense products Based on separate reports on defense work filed by large defense contractors in
communications, aircraft and aircraft parts, and shipbuilding. The data are comparable to those
Shipments of Defense-Oriented Industries, for the specified industries.


andtools, and hardware; household

cers' Capital Goods and the Defense

hine shops), electrical machinery
building and repairing and railroad


the following industries:
published annually in the


ordnance,
MA-175,








AND LONG TERM PERCENT


(Based


on seasonally


adjusted


Item and industry


Shipments:
All manufacturing


Durable
Nondurab


group


industries..


goods industries, to
le goods industries,


Total inventories:
All manufacturing
New orders:
All manufacturing


Durable


goods


Nondurable


Unfilled
Durable


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


industries..


industries..


industries


goods


industrie


orders:
goods industries,


total.....
s. total..


total...


Month-to-month


+0.5


+1.3


+0.9


Average


monthly


3 months


+1.1


+0.8


+1.8


rates of change


12 months

Nov.1971-
Nov. 1972


+1.2


Feb.-May
1972


+1.2


+0.2


+0.8


Average,


Average
rise


+1.3


+0.5


+0.8


1966-1971


Average
decline


-1.2


-0.2


-1.1


Table 4.--VALUE


OF MANUFACTURERS'


INVENTORIES,


BY STAGE OF FABRICATION


BY INDUSTRY


(Millions


of dollars)


Without seasonal Without seasonal
Seasonally adjusted adjustment Seasonally adjusted adjustment
adjustment adjustment
Industry group
Nov. Oct. Sept. Nov. Oct. Nov. Nov. Oct. Sept. Nov. Oct. Nov.
1972p 1972r 1972 1972P 1972r 1971 1972p 1972r 1972 1972p 1972r 1971

Total Materials and supplies

All manufacturing industries, total...L06,520 106,008 L05,441 106,005 105,311 101,183 33,683 33,379 33,179 33,745 33,446 32,661
Durable goods industries, total.........:... 69,769 69,330 68,834 69,355 68,840 65,461 19,935 19,701 19,468 19,954 19,835 19,144
Stone, clay, and glass products.......... 2,376 2,385 2,367 2,268 2,259 2,180 789 794 791 784 789 757
Primary metals.............. ............. 9,614 9,664 9,761 9,698 9,665 9,248 3,451 3,440 3,457 3,568 3,583 3,529
Machinery (electrical and nonelectrical). 24,321 24,009 23,937 24,120 23,793 23,274 6,533 6,389 6,346 6,463 6,350 6,179
Transportation equipment................. 16,672 16,486 16,326 16,810 16,629 15,106 2,905 2,900 2,822 2,951 2,950 3,007
AlL other durable goods industries....... 16,786 16,786 16,443 16,459 16,494 15,653 6,257 6,178 6,052 6,188 6,163 5,672
Nondurable goods industries, total......... 36,751 36,678 36,607 36,650 36,471 35,722 13,748 13,678 13,711 13,791 13,611 13,517
Chemicals and allied products............ 6,829 6,801 6,751 6,720 6,651 6,520 2,328 2,309 2,331 2,319 2,288 2,254
Petroleum and coal products.............. 2,262 2,261 2,272 2,295 2,297 2,343 518 520 539 512 517 528
Rubber and plastics products, n.e.c...... 2,260 2,255 2,256 2,254 2,226 2,112 636 642 641 648 643 644
All other nondurable goods industries.... 25,400 25,361 25,328 25,381 25,297 24,747 10,266 10,207 10,200 10,312 10,163 10,091

Work in process Finished goods

All manufacturing industries, total.. 37,799 37,675 37,081 37,760 37,617 34,916 35,038 34,954 35,181 34,500 34,248 33,606
Durable goods industries, total............ 32,235 32,070 31,529 32,243 32,042 29,631 17,599 17,559 17,837 17,158 16,963 16,686
Stone, clay, and glass products.......... 301 301 304 278 278 274 1,286 1,290 1,272 1,206 1,192 1,149
Primary metals........................... 3,297 3,350 3,394 3,316 3,308 3,111 2,866 2,874 2,910 2,814 2,774 2,608
Machinery (electrical and nonelectrical). 10,789 10,697 10,635 10,786 10,679 10,392 6,999 6,923 6,956 6,871 6,764 6,703
Transportation equipment................. 12,539 12,348 11,998 12,627 12,449 10,689 1,228 1,238 1,506 1,232 1,230 1,410
All other durable goods industries....... 5,309 5,374 5,198 5,236 5,328 5,165 5,220 5,234 5,193 5,035 5,003 4,816
Nondurable goods Industries, total......... 5,564 5,605 5,552 5,517 5,575 5,285 17,439 17,395 17,344 17,342 17,285 16,920
OCemicals and allied products............ 1,050 1,034 1,027 1,040 1,027 992 3,451 3,458 3,393 3,361 3,336 3,274
Petroleum and coal products.......... .. 479 502 499 476 505 491 1,265 1,239 1,234 1,307 1,275 1,324
Rubber and plastics products, n.e.c...... 356 358 344 358 361 330 1,268 1,255 1,271 1,248 1,222 1,138
All other nondurable goods industries.... 3,679 3,711 3,682 3,643 3,682 3,472 11,455 11,443 11,446 11,426 11,452 11,184

PPreliminary.
Revised.


Industrial Reports Series MS-1


GROUP



























































































K-




UNIVERSITY OF FLORIDA

IIII IIIl 1 1 1 111 1 II IIIII
8 3 1262 08589 4367


definition of shipments in the monthly reports
differs from that used in the annual establishment


reports,


it is assumed that the month-to-month


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


New Orders Received


and Unfilled Orders--


Orders as reported in the monthly survey are net


of cancellations during the month.


They include


orders received during the period and also filled
during the period as well as those orders received


for future delivery.


They also include the net


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, "atbookvalues. 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.


Inventories


cation:


are reported


by stage of fabri-


(a) finished goods; (b) work in process;


inventories.


materials, s1
In using


applies, fuel
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


contain inc
processing,


dustries


successive


stages


the same type of commodity may be


included under different inventory categories in
the aggregate statistics.


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, onlythe funds


specific
cluded.


lly


authorized


to be expended are in-


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.


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.


New orders are


derived from the shipments plus net change in
unfilled orders for each industry category. This
procedure is followed for seasonallyadjusteddata
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-
monally adjusted unfilled orders.