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:
January 1975
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:
AA00008477:00091

Related Items

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

Full Text
15?


Manufacturers' Shipments,
Inventories, and Orders


January


1976


FOR RELEASE: March 3,1976
William Menth
763-2502


10:00


A.M.


SERIES: M3-l(76)-l


New orders for durable goods in January increased
by 2.2 percent or $955 million to $43,792 million
after seasonal adjustment, the Bureau of the Census,
Department of Commerce reported today. This is a
slight decrease from the $980 million increase reported
in the advance report for January based on lower
survey response. New orders for all manufacturing
increased 19 percent or $1,680 million to $88,434
million. This is only slightly less than the historic high
of $89,615 reported in August 1974. While most in-
dustries outside the transportation area increased,
increases were most pronounced n electrical machinery
(increasing 16.7 percent or $827 million) and fabri-
cated metal products (increasing 8.4 percent or $433
million). Transportation equipment reported a de-
crease of $825 million or 79 percent, and was heavily
influenced by aircraft and aircraft parts (decreasing
$501 million) and shipbuilding and railroad equipment
(decreasing $357 million). Nondefense capital goods
industries showed almost no change and defense capital
piods industries declined slightly.

Shipments of all manufacturing industries rose again
in January by 19 percent or $1,635 million to $89,25 1
million. Both the durable and nondurable goods indus-
tries increased. The figure for the total of all manufac-
turing industries and the nondurable goods industries
are historic highs for these series on a current dollar
basis. The January increase was not dominated by any
single industry or group of industries as nearly every
industry reported an increase.

Unfilled orders of all manufacturers declined again
in January for the sixth consecutive month, as ship-
ments again exceeded net new orders received. The
decrease of $969 million in durable goods more than
offset the $158 million increase in the nondurable
goods industries for a total decrease of $811 million
or 0.7 percent. The pattern was somewhat mixed with
large decreases reported in nonelectrical machinery


and transportation equipment and small increases or
decreases reported by all other industries.


Total manufacti
to $146,780 milli
her. Durable go
eleventh consec
the nondurable
more than the ura


slightly
Decem-
for the
months
lightly
greased.


As indicated advance report ures for
the blast furnace ll ine been re-
vised. Supplemental p r tis revision
for 1973 through 197 all aggregates
affected by this revision. These revisions reflect the
adjustments of the sales figures to the annual totals in
the 1973 Annual Survey of Manufactures, a restate-
ment of the level of unfilled and new orders and a
recomputation of the seasonal factors. The complete
revision from 1958 through 1975 is available upon
request and will be included in the benchmark
publication scheduled for release this spring.

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 present report is based 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
February is scheduled for release on March 19, 1976
and the full report is scheduled for release on March 30,
1976.

This report contains data on an unadjusted and
seasonally adjusted basis. However, the data are not
adjusted for price changes. For an explanation of terms
used in this report see appendix following table 5.


CURRENT


INDUSTRIAL REPORTS








Table 1.--VALUE MAW l SHIPMBaS, IYW1TOIS, AUD


(Mllams of dollars)


Pulp,


lndtmtz7


group


All manufacturing
tries:
Tontal.......-..--


1lbtal,


Durable


excluding


portation.......

goods induistrties,


indus-


tnns-


total.


Stone, clay, and glass products.


Primary


metals,


Blast furnaces,
Nonferrous meta


All other primary


Fabricated net
total.......*
Metal cans,
drim.....**

Machinery,
total...
Engines
Far.
Count
mate
Metal
Gener
Electric
Select ri
distri
industry
tausehold


kadio and TV.
Commaliat ion


steel mills.
ls.5 *******


metalas...


:al products
-r -


b


octrical,


ijfbiGs.* *>*****
r and equipment.
m|inlng, and
lIing equipment.
machinery......
rlal machinery
ry, total...
mission and
pment and
pparStus..... .


~i~2cv.
S.
equipment,.,..


Transportat ton equipment, total


Motor vehicles


Aircraft,


and parts....


missiles,


parts......................
Shipbuilding and railroad
equipment,..-..,,,,......,.

Instruments and related
products, total.............
Scientific and engineering..
All other Instruments and


related


products.. .....


All other durable


goods


Industries. .. ., .... ......


Mondurable


goods industries,


Food and kindred


products,


total.....................*..
Meat products.............*..
Fats and oils.........,....


Tobacco
Textile


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


Paper and allied


products,


total....**........ ........ *


paper


Paperboard
All other

Chemicals an


Industrial


, etC*.****.*.
containers....***.


paper

d alll


containerss,

ed products,


chemicals,


except


plinients..................*


Drugs, a

Petroleum
Saber and


oSp,


and toiletries.,


and coal products..,
plastics products,


All other nondurable goods


1.-S-Tn -. ------a


Shipments "st iWate tm
Seasonally asusted Wttoust 1 St a t m out seasonal
ituseaona mtip sciat


2.343


7.876


87,616

77,320

43,681

2, 223


5,396


43.935


86,515

77,412

42,352

2,263


1.737


540.


1,436
776

660
t

4,148


41.88.5


5.895S


919


5,152

472


7,413


9.229
6,106

2,095

636


1,565
814

751


4.088


41.,933


A"u,,


4,579

552


6.,927
445
169

1.522
487
680
4,674


1,005
559
310
1.188
7. 550
4,906

1,772

533


1,215
673

542


3,485


36,664


146,780

125.723

95,670

3,636

13.946
7,735


2,823
1,093
1,096
4,071

21,057
6.033

11,843

2.542


1,902


7,943


51,110


11,004


146,574

125.403

95,754

3,630


21, 171


11,934


10, 861


146,671

125,303

95,953

3,585


21,368
5,978

12,008

2,714


1,937

1,880


7.,973


50.718


11,909
1,347
1,025

3, 248
4.,610


4,573
1,759
1,182
1,632


10.836

2.989
3,710

4,301

2,925

tflIA


147,194

126,004

95,627


3,636


21,190
6,166

11,847

2.514


3,769
1,922

1,847


7,976


51.567


146,177

125,076

95.167


21. 101


11,828


7,985


51.010


12.094


130,555

if's-

3. 160

'Zn)
6,416
4,44$
l's

[1,641


4>



21

I


4.,55'


4,211


I


m, aT CXmB


_ _~~ ~ I











OF MANUFACTURERS'


(Millions


of dollars)


Industry


group


AlI manufacturing
tries:
Total..........


Total, excluding
portation......


Durable g

Primary


oods industries


India-


trans-


total


metals


Blast furnaces


Nonferrous

Fabricated m

Machinery, e


total....*....

. steel mills-


metals....


metal products.....


except


electrical


total*.... *,*,..*...-.-.* *


Engines


and turbines.......


Construction,


mining,


material handling equipment.


Metalworking


machinery.....


General industrial machinery.


Electrical machf

Electrical tr
distribution
industrial a
Hous ehold app


inery,


total...


ansmlssion and
equipment and
pparatus....,.
llances.,,.....


Radio and TV................


CoRmmnication

Transportation


Aircraft


Sequipment....

equipment,


, missiles,


parts........ ........ .....*


Shipbuilding


and railroad


equipment.* ...*.**.***...****.....


All other durable


goods


industries.........***...**... *.

Nondurable goods industries,
total.. **********.*.*********.*


Industries


with unfilled


ordors.. *** .***. .. .


without


unfilled


orders.. a.... a....*.a


New orders


Unfilled


orders


SadjWithout seatsonal S a Without seasonal
Seasonally adjusted djit amt Seasonally adjusted adjustment'
adjsten adjste


88,434

78.782

43,792

6,729

3,789
1,987

5,596


7,326

649

1,475
461
695

5,768



1,151
901
491
1,372


9,652


1.604


120


8,721


44,642


10,585

34.057


86.754


.-
821


10,477


2.105

477


8,481


43,917


10,138

33,779


86,351

77,610

41,988

6,472

3,272
2,177

5,302


7,629

565

1,725
482
810

5,595



1,137
806
545
1,233


8,741


2,077

364


8,249


44,363


10,492

33,871


83,270

73,728

41.212

6,469

3,520
2,006

5,156


7.,097

612

1,486
420
643

5,123



948
758
434
1,241


9,542


1,649

216


7,825


42,058


9,985

32,073


81,877

72,726

40,032

6.352

3,549
1,998

4,962


6,824

669

1,276
505
800

5,128



993
796.
491.
959.


9,151


2,066,

475


7,615


41,645


9.744

32,101


71,858


119,848

88,654

114.525

14.036

9.482
2,563

17,614


24.732


6.689


18,575



5,476
143.
480
7,090


31,194


20,261

7,675


8,374


5,323


5.323


120,659

88,811

115,494

14,084

9,287
2,629

17.686


25,044

6,706

5,875
1,616
3.533

18.564



5.526
113
473
6.918


31,848


20,639

8,165


8,268


5,165


5,165


89,862


13.836


19,057



5.636
112
509
7,187


31,668


20,490

8,263


8,206


5,188


5,188

-*'


88,327

114,469

13.853


119.739

88.196

114,698

13.937

9,254
2,548

17,562


24,863

6,678

5,770
1,621
3,529

18,733



5,527
107
453
7,113


31.543


20,400

8.029


8,060


5.041


5,041


134,053

100,150

130,342

19,337


- Represents
'Adjusted fo


zero.


Preliminary.


and calendar-month










Table 2.-VALUE OF MANUFACTURERS SHIPMIfTS, INVWIORIM,
(Mill ions


AND ORDIS, VOR MARKS CATEGORES AND SUPFwtamTARY SERIES
of dollars)


Without seasonal Without seasonal
Seasonally adjusted i usts asotn Seasonally adjust edwtut seasonal
adjustment adjustment
Industry group
Jan. Dec Nov. Jan. Dec. Jan. Jan, Dec. Nov. Jan Dec. .Jan.
1976 159715 1975 1976 1975 r 1975r 1976pI 1975r 1975 197 1975 5


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,
automotive....................
Automotive equipment...........
Construction materials, supplies
intenrmediate products.......
Other materials and supplies and
intermediate products..........


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


total.


.4...S. *


.. ......
except


, and
... .


industries.......
4 M s 94. seeO*


All manufacturing industries,

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


total..


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


S...
*...
it
*...
... .

*...

* *


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


*During 1968
gate figures on


included in
variations;
categories


manufacturers in ordnance
shipments, orders, and t


the defense


series.


unfilled orders and
as follows:


Shipments


87,616

43,681
43,935


8,135
17,177
11,392
8,406

6,777

35,729


3,526
12,594
10,933
1,661


86,515


8,127
17,296
11,401
7,173

6,581

35,937


3,564
12,713
10,977
1,736


83.323

41,438
41,885



7,433
16,355

10,474
8,061

5,864

35,136


3,266


82,693

40,760
41,933


7,269
16,928


New orders


88,434
43,792
44,642


8,466
17,374

10,623
8,606

6,962

36,403


86,754

42,837
43,917


8,108
17,187
10,733
8,536

6,822

35,368


communications,
1 inventories of


PPreliminary.
inventories as of


270 81,877


34.861 33,840


Total inventories


146,780
95,670
51,110


12,815
19,402
37,543
7,545

12,684

56,791


6,268
42,171
34,543
7.628


146,574

95,754
50,820


12,835
19,264
37,861
7,436

12,639

56,539


6,430
42,462
34,656
7,806


146,671

95,953
50,718


12,691
19,525
38,238
7,498

12,560

56,159


Unfilled


71,858 119,848 120,659


aircraft and aircraft parts, and s
work performed for the Department


revised,
end of month.


tshipmetrts


and new orders


"The supplementary


series


114,525
5,323



2,473


59,883

16,1711
41,321


115,494
5,165



2,384


16,110

41,728


1,731
68,427
43,024
25,403


hipbuilding i
of Defense.
adjusted for


121,530

116,342
5,188



2,404


60,967

16,066

42,093


1,765
69,367
43,801
25,566


147,194

95,627
51,567


12,625
19,801

37.514
7,712

12,628

56,914


6,163
42,030
34.418,
7,612j
orders


119,685
114,.469
5,216



2,378


60,231

16,008

41,068


1,702
67,693
42,413
25,280


industries began
The results of
trading-day an


are regroupings of the


1I6,177

95,167
51,010


12,407
19,633

37,720
7,455

12,441

56,521


6,252
42,259
34,497
7,762


119,739

114,698
5,041



2,300


60,227

15,870

41,342


1,658
68,081
42,589
25,492


to provide


151,943


134,053

130,342
3,711



2,115


65,524

17,491

48,923


1,562
74,476
49,631
24,845

aggre-


these reports are
I calondar-sOnth


separate industry


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.
Capital goods industries The capital goods industries series is comparable to the previous Producers' Capital Goods and the Defense
Products (old series) categories.
Mondefense industries Machinery, except electrical (excluding farm machinery and equipment and machine shopsa; electrical machinery
(excluding household appliances and electronic components); and the nondefense portions of shipbuilding and repairing and railroad
equipment; comaunication equipment; aircraft; aircraft parts; and ordnance.
Defense products (new series) Based on separate reports on defense work filed by large defense contractors in the following
industries: ordnance, communications, complete aircraft, aircraft parts, and shipbuildAeg. The data are comparable to thOse
published annually in the MA-175, Shipments of Defense-Oriented Industries, for the specified industries.


All manufacturing












Table 3.--MANUFACTJRERS' SHIPMENTS, INVENTORIES, AND ORDERS MONTH-TO-MONTH AND LONG TERM PERCENT CHANGES

(Based on seasonally adjusted data)


Month-to-month Average monthly rates of change Average, 1970-1975

3 months 12 months
Item and industry group oy _- ________________
Item and industry group Dec. 1975- Nov.- Oct.- Average Average
Jan. 1976 Dec. 1975 Nov. 1975 Oct. 1975 July- Apr.- Jan. 1975- rise decline
Jan. 1976 Oct. 1975 July 1975 Jan. 1976
6
Shipments:
All manufacturing industries........ +1.9 +1.3 -1.0 +0.7 +1.7 +1.0 +1.0 +1.4 -1.6

Durable goods industries, total........ +2.5 +3.1 -2.9 +0.9 +1.8 +0.1 +0.9 +1.5 -2.2
Nondurable goods industries, total..... +1.3 -0.5 +0.8 +0.5 +1.7 +1.9 +1.1 +1.5 -1.2

Total inventories:
All manufacturing industries......... +0.1 -0.1 +0.1 0.0 -0.1 -0.7 -0.3 +0.9 -0.3
New orders:
All manufacturing industries......... +1.9 +0.5 +0.0 +0.8 +1.2 +2.2 +1.3 +1.8 -1.9
Durable goods industries, total........ +2.2 +2.0 -0.8 +1.1 +0.7 +2.6 +1.4 +2.4 -2.7
Nondurable goods industries, total..... +1.7 -1.0 +0.8 +0.5 +1.7 +1.9 +1.2 +1.5 -1.3
Unfilled orders:
Durable goods industries, total........ -0.8 -0.7 -0.3 -0.6 -0.7 -0.6 -1.1 +1.7 -1.2










Table 4.--VALUE OF MANUFACTURERS' INVENTORIES, BY STAGE OF FABRICATION, BY INDUSTRY GROUP
(Millions of dollars)

Without seasonal Without seasonal
Seasonally adjusted Seasonally adjusted
adjustment adjustment
Industry group
Jan. Dec. Nov. Jan. Dec. Jan. Jan. Dec. Nov. Jan. Dec. Jan.
1976P 1975r 1975 1976P 1975r 1975 1976P 1975r 1975 1976p 1975r 1975

Total Materials and supplies

All manufacturing industries, total.. 146,780146,574 146,671 147,194 146,177 151,943 50,995 50,467 50,506 51,323 51,101 55,092
Durable goods industries, total........... 95,670 95,754 95,953 95.627 95,167 99,005 31,240 30,796 30.980 31,241 31,077 34,058
Stone, clay, and glass products.......... 3,636 3,630 3,585 3,636 3,553 3,760 1,340 1,337 1,329 1,336 1,342 1,494
Primary metals..........,............ 13,946 13,924 13,898 14,189 14,165 12,643 6,413 6,237 6,333 6,541 6,532 5,970
Machinery (electrical and nonelectrical). 34,170 34,184 34,342 33,963 33,952 36,479 10,154 10,161 10,228 10,109 10,174 11,454
Transportation equipment................ 21,057 21,171 21,368 21,190 21,101 21,390 4,557 4,490 4,640 4,585 4,552 4,872
All other durable goods industries....... 22,861 22,845 22,760 22,649 22,396 24,733 8,776 8,571 8,450 8,670 8,477 10,268
Nondurable goods industries, total.....,... 51,110 50,820 50,718 51,567 51,010 52,938 19,755 19,671 19,526 20,082 20,024 21,034
Chemicals and allied products............ 11,004 10,861 10,836 11,090 10,937 10,988 4,297 4,323 4,313 4,330 4,367 4,566
Petroleum and coal products.............. 4,190 4,313 4,301 4,209 4,390 4,080 1,133 1,099 1,088 1,150 1,119 1,004
Rubber and plastics products, n.e.c ...... 3,048 2,989 2,925 3,060 3,006 3,311 1,060 1,056 973 1,046 1,059 1,211
All other nondurable goods industries.... 32,868 32,657 32,656 33,208 32.677 34,559 13,265 13,193 13,152 13.556 13,479 14,253

Work in process Finished goods

All manufacturing industries, total.. 48,567 48,782 48,862 48,575 48,202 49,213 47,218 47,325 47,303 47,296 46,874 47,638
Durable goods industries, total..........,. 40,776 41,031 41,140 40,788 40,597 41,458 23,654 23,927 23,833 23,598 23,493 23,489
Stone, clay, and glass products.......... 504 487 481 505 459 494 1,792 1,806 1,775 1,795 1,752 1,772
Primary metals.......................... 4,306 4,330 4,279 4,396 4,309 3,740 3,227 3,357 3,286 3,252 3,324 2,933
Machinery (electrical and nonelectrical). 14,637 14,657 14,706 14,582 14,526 15,762 9,379 9,366 9,408 9,272 9,252 9,263
Transportation equipment................. 14,557 14,742 14,851 14,620 14,654 14,620 1,943 1,939 1,877 1,985 1,895 1,898
All other durable goods industries.,.... 6,772 6,815 6,823 6,685 6,649 6,842 7,313 7,459 7,487 7,294 7,270 7,623
Nondurable goods industries, total......... 7,791 7,751 7,722 7,787 7,605 7,755 23,564 23,398 23,470 23,698 23,381 24,149
Chemicals and allied products............ 1,764 1,742 1,789 1,757 1,762 1,670 4,943 4,796 4,734 5,003 4,808 4,752
Petroleum and coal products.............. 1,116 1,165 1,117 1,100 1,152 1,027 1,941 2,049 2,096 1,959 2,119 2,049
Rubber and plastics products, n.e.c...... 515 476 487 516 484 556 1,473 1,457 1,465 1,498 1,463 1,544
All other nondurable goods industries.... 4,396 4,368 4,329 4,414 4,207 4,502 15,207 15,096 15,175 15,238 14,991 15,804


PPreliminary.
rRevised.











Table 5.--RATIO Op MASUFACTUR I1NVutlR1iS in SH IS AND tBffL2m m RaI TO Snnztzar, B i mut aGnP


(Based on


seasonally adjusted data)


tUnfilled orders shigents ratio
Inventories shismenlt ratio
(uonthis' backlog)
Industry group
Jon. Dec. Rev. Ja. a. aIws pev7o Je7.
1976' 1975 1975r 1975 1976 19751r 1 197r

AIl manufacturing industries, total............... 1.64 1.67 1.70 1.91 2.43 2.52 2.55 3.00
Durable goods industries, total........................... 2.14 2.19 2.27 2.46 2.95 3.07 3.11 3.62
Stone, clay, and glass prodtcts........................... 1.55 1.63 1.58 1.75 (NA) (NA) (WA) (NA)
Primary metals............................................. 2.06 2.17 2.17 1.71 2.07 2.20 2.16 2.67
Fabricated metals........................................ 1.95 2.03 2.09 2.34 3.45 3.65 3.81 4,37
Machinery, except electrical........................... 2.75 2.72 2.69 2.97 3.24 3.24 3.28 3.93
Electrical machinery...................................... 2.29 2.43 2.40 2.89 3.23 3.42 3.45 3.9
Transportation equipment...................,............ 2.04 2.06 2.35 2.64 5.92 6.24 6.37 7.19
Instrutments and related products....... ................. 2.41 2.42 2.51 3.18 (A) (WA) (-) (NA)
Nondurable goods industries, total.......................... 1.15 1.16 1.15 1.35 0.51 0.51 0.50 0.44
Food and kindred products............................... 0.83 0.84 0.85 0.89 (X) (1) (X) (x)
Tobacco products.......................................... 4.99 4.88 4.52 5.09 (X) (X) ,(X) ((
Textile mill products................................... 1.44 1.47 1.47 2.09 (NA) (HA) (]A) (a)
Paper and allied products..................,.......... 1.27 1.23 1.23 1.52 (VA) ( Chemicals and allied products................,............ 1.40 1.35 1.39 1.61 (X) (X) (1) Petroleum and coal products.................,........... 0.71 0.75 0.72 0.84 (2) (X) (1) (X)
Rubber and plastics products, n.e.e...................... 1.42 1.48 1.38 1.69 (1) (X) (X) (X)


(NA) Not available.


'Excludes


the following


'Preluminary.
industries wi


rRevised.
th no unfilled


(X)
order:


Not applicable.
Wooden containers;


glass containers; aetal cans, barrels and drums; motor


vehicle assembly operations; foods and related products; tobacco; apparel and related products; chemicals; petroleum and coal products; and
rubber and plastics products, n.e.c.









7

MANUFACTURES' SHIPMENTS AND ORDERS


The data for shipments, new orders and unfilled orders of the blast furnace and steel mill industry have been
revised and new seasonal factors for these series have been developed. These revisions reflect the adjustment of the
sales series to the levels of the 1973 Annual Survey of Manufactures and a recomputation of the new and unfilled
orders series. A description of these adjustments and a presentation of the complete historical series from January
1958 to the present will be made in the benchmark publication tentatively scheduled for release in April 1976.
Data for the blast furnace and steel mill industry, as well as other aggregates affected by this revision are available
prior to the release of the benchmark publication by contacting Mr. William C. Menth, (301) 763-2502.


TABLE A. MANUFACTURERS'


SHIPMENTS, BY


INDUSTRY


GROUP AND MONTH


YEAR JANUARY FEBRUARY MARCH APR IL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER


ALL MANUFACTURING INDUSTRIES, TOTAL

WITHOUT SEASONAL ADJUSTMENT--MILLIONS OF DOLLARS


1973.......
1974.......
1975.......


SEASONALLY


ADJUSTED--MILLIONS OF


DOLLARS


1973.......
1974 ...,...
1975.......


DURABLE GOODS


INDUSTRIES S,


WITHOUT SEASONAL ADJUSTMENT--MILLIONS OF DOLLARS


1973 .......
1974.......
1975 .......


SEASONALLY


ADJUSTED--MILLIONS OF


DOLlARS


1973.......
1974.......
1975.......


PRIMARY METALS, TOTAL


WITHOUT SEASONAL ADJUSTMENT--MILLIONS


OF DOLLARS


1973......
1974.......
1975.......


SEASONALLY


ADJUSTED--MILLIONS OF


DOLLARS


1973.......
1974.......
1975.......


BLAST FURNACES, STEEL


WITHOUT SEASONAL ADJUSTMENT--MILLIONS


OF DOLLARS


1973.......
1974 .......
1975 .......


SEASONALLY


ADJUSTED--MILLIONS OF


DOLLARS


1973.......
1974.......
1975..... .


TOTAL


MILLS












7*315 3, ---4 S at name a a


I I


ALL MXUnCIMMR iIlX UNMZ, TOTAL

WITHOi# SBNASONAL ADJUSNWMiT- ILL flIB OF mDuAs


1973........
1974.......
1975.......


SEASOALLY ADJUSTED-MILLIONS OF DWLLAS


1973..p... .
1974.......
1975.......


flAm GOaG IHDBTRIE, TOTAL

WITUUT SEASONAL ADJT-- WI-MILLIOWS DAAM


1973.......
1974. ***......
1975.......


S NAB (XI AL LY


ADJUSTED-MILLIOWS OF DLLARBS


1973......
1974.......
1975.......


47~W2
39,282


40,05
415475
A2~256


42,5430
jAnus
42~O7


stag, flu, Sent


WITHOUvr SEASONAL ADJUSTMENT-MILLIONS


OF DQJAS


1973.......
1974.......
1975.......


SBAS4NALLY


ADJUSTED-M-ILLIONS OF


DnLLARS


1973.......
1974.......
1975......


BLAST IfWAC1M 8TML uMILS

WITHOUT SEASONAL ADUUBTMENT-MILLIONS OF DOILLAS


1973.......
1974.......
1975.......


SEASONALLY ADJUSTED--MILLIOS OF DOLLARB


1973.......
1974.......
1975.......











TABLE C. tMUFACTURERSr UNFILLED ORDERS, BY


ALL MANUFACTURING INDUSTRIES, TOTAL


WITHOUT SEASONAL ADJUSTMENT--MILLIONS OF DOLLARS


1973,.... ..
1974.......
1975......


88,755
119,438
134,053


91,578
122,995
132,289


95,500
125,155
129,349


113,356
140,660
121,217


113,954
138.747
120,557


SEASONALLY


ADJUSTED--MILL IONS OF


DOLLARS


1973.......
1974.......
1975.......


88.650
119,495
134,156


90,722
122.119
131,499


96,754
126,132
125,347


107,555
141,570
123,477


109,656
143,124
122,761


112,100
141,517
121.697


117.034
137.328
120,659


DURABLE (300DB


INDUSTRIES


WITHOUT SEASONAL ADJUSTMENT MILLIONS OF DOLLARS


1973.......
1974.......
1975.......


84,619
114,480
130,342


87,212
117,958
128,581


90,937
120,038
125,590


93,366
122,312
122, 734


95.081
125,189
120,108


104,467
137,850
117,868


109,275
134,587
115,426


111,339
132,444
114,698


SEASONALLY


ADJUSTED -


MILLIONS OF


DOLLARS


1973.......
1974 .......
1975 .......


84,446
114,434
130,358


86,384
117, 104
127,806


89,622
118,734
124,344


102,832
136, 619
118,940


104,962
138,352
118,004


110,232
135, 775
116,342


112,202
133,440
115,494


PR IMARY


METALS, TOTAL


WITHOUT SEASONAL ADJUSTMENT MILLIONS OF DOLlARS


1973.......
1974.......
1975 ......


SEASONALLY


ADJUSTED -


MILLIONS OF


DOLLARS


1973. .... ...
1974.......
1975.......


BLAST FURNACES, STEEL MILLS

WITHOUT SEASONAL ADJUSThENT MILLIONS OF DOLLARS


1973.......
1974.......
1975 ......


SEASONALLY


ADJUSTED -


MILLIONS OF


nouns


1973. .. .
1974.......
1975 .......


TOTAL











TABLE D.


__UFACTURERS' SHIPMxTS AID


s, Bm meB CATrMOn AMD imlf


IEMR MATERIALS AND SUPPLIES AND ITS)B lATE PRIDIUTS


SHIPinNrs


WrTInT SEASCWAL ADJUSTMENT


1973.......
1974.......
1975.,......


S BA SO WA LLY


ADJUStED -


- MILLIONS


OF DOLLARS


27,876
34,042
32,907


MILLIONS OF DOLLARS


1973.......
1974.......
1975.......


S SUB


ITHOiUr SEASONAL ADJUSTIET


- MILLYOC OF DOLlARS


1973 .......
1974.......
1975. .... .


SEASOKALLY


ADJUSTED MILLIONS OF DOLLARS


1973.......
1974.......
1975 .......


30,733
35,509
S35,890


aster
31, fliT
35,368


UNFILIMD OGDEn


WITHOUT SEASONAL ADJUSTMENT MILLIONS OF DOLLARS


973.......
974.......
975.......


SEASONALLY


ADJUSTED -


MILLIONS


OF DOLLARS


1973......
1974.......
1975.......


TABLE E.


RATIO OF MANUFACTURER' I V* TIIT R B TO BRI0MITS, BY INDUSTRY SOUP


(BASKUED OR ASUALLY ADJUST) DATA)


ALL UANUPACTURING INDUSTRIES, TOTAL


973.......
974.......
975 .......


DURABLE Oarn INDUSRIE8, TOTAL


2.49


PRWDIARY BTAL, TOTAL


973 ,......
974.......
975.......


RATIO OF MANUFACTiURER' UFILLD ORIMEMS TO SHIPFNTS, BY INDUSTRY GROUP

(BASED 0W SEASOWALLY ADJUSTED DTA)

ALL MANUFACTURING INfISTRIE. TOTAL


.... 2.
.... 2.
S* .... 3.


2.39
2.74
. 2.80


IXMASIA WEDS UDilifit IS, IUSL


1973.......
t aSi


.~ en *1.


28,459
31,7$1
34,018 m


1973...
1974...
1975...




r
>4


Appendix


The following is a description of the survey and
definitions used. These are provided to clarify the
meaning of the items involved and do not represent
any revisions from those definitions previously employ-
ed.


DESCRIPITON OF SURVEY

The Manufacturers' Shipments, Inventories, and
Orders survey provides monthly figures that are com-
parable 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 manu-
facturing establishments drawn from the 5-year census
universe of about 310,000 establishments. In the ASM,
each manufacturing establishment provides data on
employment, payrolls, shipments, cost of materials,
capital expenditures, and inventories as well as other
selected items. The establishments do not provide
information on unfilled orders or new orders. Since the
ASM is establishment based, it provides data for each
of the 425 manufacturing industries in the Standard
Industrial Classification System (SIC) and area data for
industry groups.

The monthly survey M3-1 does not provide infor-
mation 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 approxi-
mately 5,000 reporting units and includes virtually all
companies with 1,000 or more employees and a sample
of the smaller ones. The reporting unit typically
comprises the entire operations of a company although
many of the larger diversified companies file separate
divisional 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 link relative of matched


in the ASM which are received or 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 establishments 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
shipments of the completed aircraft or ship. In the
annual survey, therefore, the value of work done
during the year is requested rather than the value of
shipments.

The value of shipments figures developed from the
ASM contain duplication at the all manufacturing and
industry group levels since the products of some
industries are used as materials by other industries
within the industry group. With the exception of
motor vehicles, it is not sigmnificant at the 4-digit SIC
group level. Since the M3-1 industry categories
typically are groupings of industries, this duplication is
significant for the all manufacturing, durable goods and
nondurable goods categories and the various market
groups. The significance of the duplication within the
specific M3-1 industry groups varies depending on the
4-digit industry composition of these groups. It is most
pronounced in a few highly integrated industry areas
such as primary metals and motor vehicles and parts.
Since most monthly reports are for the entire
company or major divisions rather than establishments,
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 definition of shipments in the monthly
reports differs from that used in the annual establish-
ment reports, it is assumed that the month-to-month
changes in company sales in the industry are represen-
tative of the month-to-month shipments of the estab-
lishments in the industry.




UNIVERSITY OF FLORIDA
iiinur2i iuumnu
3 1262 08589 4672
'r. L


feasible; otherwise, "at book values." Since different
methods of inventory valuation are used (LFO, FWO,
etc.), the definition of the aggregate inventories for
establishments in an industry is not precise. The figures
on the change in inventories from one period to the
next are of greater significance than the actual aggre-
gates.

Inventories are reported by stage of fabrication: (a)
finished goods; (b) work in process; and (e) materials,
supplies, fuel, and other inventories. In using in-
ventories by stage of fabrication at the all manu-
facturing and 2-digit industry levels as well as for the
durable and nondurable goods sectors, it should be
noted that a finished product of one industry may be a
raw material for another industry at the next sag 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 sta-
tistics.


New Orders Received and Unfilled O ers-Orders
as reported in the monthly survey are net of cancella-
tions during the month. They include orders received
during the period and also filed during the period as
well as those orders received for future delivery. They


also include the net sales value of contract change
documents which incease or decrease the sales value of
the unfilled orders to which they relate. Orde inlu s
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 author-
ized to be expended are included. The respondent is
instructed to deduct the saes value of partial or
complete cancellation of existing orders.

Unfiled orders include orders as defined above that
have not yet paed through the sales account.
Generally, united orders at the end of the reporting


period are equal to unfilled orders at the beginning of
the period phis net new orders received less net sales.
NS
While both new orders and unfilled orders are useo?
in reviewing individual company repts for consis-
tency, only unfiled ordem are estimated direct a
tabulated totals. New orders are derived from the -
shipments plus net change in unfilled orders for ea l
industry category. This procedure is followed for
seasonally adjusted data as well as for the unadjusted
data. Shipments and usnfilkd ordes are mn
adjusted independently. Sau ally adjusted w
orders are derived from seasonally adjusted shipments
and seasonally adjusted unfilled raiders.
At
^V: AAA A vKKK K K^ XXX