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:
March 1968
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:
AA00008477:00102

Related Items

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

Full Text


CURRENT INDUSTRIAL REPORTS

,Manufacturers' Shipments,

s Inventories, and Orders


NOVEMBER 1982
M3-1 (82)-11
FOR WIRE TRANSMISSION 2:30P.M. E.S.T. MONDAY, JANUARY 3, 1983

Wre in seasonally adjusted current dollars.)


New orders for manufactured goods in November increased
$1.1 billion or 0.7 percent from October to $150.8 billion, the
Department of Commerce, Bureau of the Census reported today.
This increase followed a 4.1 percent decline in October. Ship-
ments of manufactured goods were up slightly in November,
increasing $0.3 billion or 0.2 percent to $152.8 billion. Both
the new orders and shipments increases in November were
attributable to the durable goods sector as activity in the
nondurable goods sector showed no change from October.
Manufacturers' shipments have now exceeded incoming orders
for 16 consecutive months, resulting in a November orders
backlog estimate of $291.1 billion, 11.5 percent below the peak
last July of $328.9 billion.
The book value of manufacturers' inventories in November
declined $2.4 billion or 0.9 percent to $269.3 billion. Manu-
facturers' inventories have declined for 11 of the last 12 months.
The inventory to shipments ratio was 1.76 in November.
The increase in new orders in November was concentrated in
the durable goods sector which was up $1.0 billion or 1.4 per-
cent from October to $70.6 billion. New orders for electrical
machinery were up $0.9 billion or 8.2 percent to $12.0 billion
with the largest increase in orders for defense communication
equipment. New orders for primary metals were up $0.6 billion
or 7.9 percent to $7.5 billion. Although this is the largest
1-month increase since a 13.7 percent increase in July 1980,
the level is 42 percent below the peak in January 1980 of $13.0
billion. New orders for transportation equipment were up $0.2
billion, or 1.5 percent to $14.5 billion, following 3 consecutive
monthly declines. All of the specific categories except motor
vehicles and parts had increases. New orders for nonelectrical
machinery were down $0.8 billion or 6.1 percent to $13.0
billion.
Within the capital goods industries, new orders for non-
defense capital goods in November were unchanged at $20.2
billion. New orders for defense capital goods increased 1.1
percent to $4.9 billion.
Shipments by durable goods manufacturers increased $0.3
billion or 0.5 percent to $72.7 billion, with offsetting move-
ments in some of the specific categories. The largest increase
was in shipments of nonelectrical machinery which was up
$0.5 billion or 3.8 percent to $14.6 billion. Shipments of pri-
mary metals declined $0.3 billion or 4.4 percent to $7.4 billion,


with the nonferrous category accounting for most of the decline.
Shipments of transportation equipment were flat at $15.1
billion, as a decline in the aircraft and parts category was
offset by increases in the other component categories.
Shipments of nondurable goods in November at $80.1 billion
were unchanged from October. This resulted from offsetting
movements in the specific industry categories. The largest
increase was in shipments of chemicals, up $0.5 billion or
3.9 percent to $14.1 billion;the largest decrease was in petroleum
products shipments which declined $0.7 billion or 4.1 percent
to $16.6 billion.
The decline in the orders backlog of durable goods manu-
facturers in November was widespread. A decrease of $0.7
billion or 0.6 percent in unfilled orders for transportation
equipment reflected declines in all categories. The decline of
$0.7 billion or 0.6 percent in the machinery category resulted
from a decline in the nonelectrical category that more than
offset an increase in the electrical category. The backlog of
orders for primary metals showed a small increase of $0.1
billion or 0.7 percent, the first since July.
The backlog of orders for nondefense capital goods declined
$1.3 billion or 1.0 percent to $124.7 billion, the seventh con-
secutive monthly decline. The backlog of orders for defense
capital goods declined 0.1 percent to $84.4 billion.
The book value of manufacturers' inventories at the end of
November was valued at $269.3 billion, down $2.4 billion or
0.9 percent from October. Durable goods manufacturers
accounted for the entire decline as their inventories were
reported down $2.4 billion or 1.3 percent to $179.5 billion.
Virtually all durable goods categories decreased. Inventories of
nondurable goods manufacturers, estimated at $89.9 billion,
showed little change from October.
Inventories by stage of fabrication showed declines in Novem-
ber. Raw material inventories decreased 0.6 percent, work in
process inventories decreased 0.9 percent, and finished goods
inventories 1.2 percent. Since total inventories peaked in
November 1981, at $285.8 billion, the rate of decline in finished
goods inventories has been slower than for raw materials and
work in process inventories.
The advance report on durable goods for December is
scheduled for release on January 21, 1983, and full report
is scheduled for release on February 1, 1983.


Address inquiries concerning these figures to U.S. Department of Commerce, Bureau of the Census, Industry Division, Washington, D.C. 20233, or call
Ruth Runyan or Kathleen Swindell-Menth, (301) 763-2502.
For sale by Customer Services (DUSD) Bureau of the Census, Washington, D.C. 20233, or any U.S. Department of Commerce district office. Postage
stamps not acceptable; currency submitted at sender's risk. Remittances from foreign countries must be by international money order or by a draft on a
U.S. bank. Price, $1.50 per copy, $18.00 per year.











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Table 6. PERCENT CHANGES AND REVISIONS FORMANUFACTURERS' SHIPMENTS, INVENTORIES, AND ORDERS

(Based on seasonally adjusted data)

Percent change Revisions2

Month-to-month Average monthly rate of change' Year Average monthly
Item and industry group
Oct.1982- Sept.982- Aug. 1982- Third Second rst Dec. 1981 No. 1981
Nov. 1982 Oct. 1982 Sept. 1982 arte quarter quarter through 1981 hr 197-1981
1982 1982 1982 Nov. 1982 Oct. 1982


Shipments:
All manufacturing industries ......... +0.2 -4.3 +0.4 -0.5 +0.8 -0.4 -0.5 0.3 0.3 0.2
Durable goods industries........... +0.5 -5.5 -0.9 -1.0 +0.3 -0.4 -0.8 0.5 0.3 0.2
Nondurable goods industries ........ 0.0 -3.1 +1.7 0.0 +1.3 -0.5 -0.1 0.0 0.4 0.4

Inventories:
All manufacturing industries......... -0.9 -0.3 -0.7 -0.3 -0.6 -0.4 -0.5 0.1 0.1 0.1

New orders:
All manufacturing industries......... +0.7 -4.1 +1.2 -0.2 0.0 +0.1 -0.5 0.4 0.3 0.2
Durable goods industries........... +1.4 -5.0 +0.4 -0.6 -1.4 +0.6 -0.9 0.7 0.7 0.5
Nondurable goods industries ........ +0.1 -3.4 +1.8 +0.2 +1.3 -0.4 -0.1 0.0 0.4 0.3

Unfilled orders:
Durable goods industries............. -0.7 -1.0 -1.1 -1.2 -1.0 -0.3 -0.8 0.1 0.1 0.1

Represents zero.
'Method of calculation of these percentages for the quarter and the 12-month time intervals reflect compounded monthly growth rates.
The revisions are the differences betweenthe month-to-month percent changes of the preliminary and final estimates. The monthly averages are the
simple averages of the differences, without regard to sign, for the months specified. The advance to final percent change diierences for the durable
goods industries are shown in the advance report for the month.


Table 7. RATIO OF MANUFACTURERS' INVENTORIES TO SHIPMENTS AND UNFILLED ORDERS TO SHIPMENTS, BY INI)USTRY GHROP

(Based on seasonally adjusted data)

Unfilled order~s--hipment-. ratio1
Inventories--shipments ratio (onthrdr pme ratio'og)
Industry group
November October September August November October September August
1982 1982 1982 1982 1982 1982 1982 1982


All manufacturing industries........................... 1.76 1.78 1.71 1.73 3.72 3.77 3.63 3.69

Durable goods industries ................................. 2.47 2.51 2.39 2.38 4.62 4.66 4.46 4.55
Stone, clay, and glass products............................ 1.71 1.72 1.67 1.71 0.52 0.52 0.52 0.52
Primary metals.. ................... 3.15 3.09 2.91 2.88 2.90 2.75 2.66 2.65
Fabricated metals .......................................... 2.02 2.09 2.00 1.98 2.82 2.93 2.80 2.84
Machinery, except electrical................................ 2.87 3.03 2.79 2.93 4.18 4.46 4.04 4.26
Electrical machinery.. ................ 2.40 2.38 2.33 2.35 5.08 4.95 4.86 4.82
Transportation equipment .................................. 2.64 2.69 2.47 2.26 11.53 11.58 11.51 11.58
Instruments and related products.......................... 2.47 2.50 2.32 2.41 1.89 1.89 1.77 1.82

Nondurable goods industries................................. 1.12 1.12 1.08 1.12 0.54 0.54 0.54 0.52
Food and kindred products................................. 0.88 0.89 0.86 0.91 (X) (X) (X) (X)
Tobacco products.......................................... 4.12 3.66 2.97 3.78 (X) (W) (X) (X)
Textile mill products.................................... 1.59 1.55 1.52 1.52 (NA) (NA) (NA) (NA)
Paper and allied products ............................... 1.36 1.36 1.36 1.34 (NA) (NA) (NA) (NA)
Chemicals and allied products.............................. 1.42 1.51 1.41 1.42 (X) (s) (X) (X)
Petroleum and coal products................................ 0.59 0.53 0.53 0.55 (X) (M) (X) (X)
Rubber and plastics products, n.e.c....................... 1.68 1.67 1.55 1.61 (X) (X) (X) (X)

(NA) Not available. PPreliminary. revised. (X) Not applicable.
'Excludes the following industries with no unfilled orders: Wood and lumber products; glass containers; metal cans, barrels, and drums, farn
machinery and equipment; motor vehicle assembly operation; other transportation equipment; foods and related products; tobacco; apparel and related
products; building paper; die-cut paper and board; chemicals; petroleum and coal products: and rubber and plastics products, n.e.c.




U.S. Department of Commerce
BUREAU OF THE CENSUS
Washington, D.C. 20233

Official Business
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