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:
AA00008477:00192

Related Items

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

Full Text


CURRENT INDUSTRIAL REPORTS


/ C

1. N
I

U.S. Department of Commerce
BURE AU OF THE CENSUS


nufacturers' Shipments,

r ventories, and Orders


FEBRUARY 1982
M3-1(82) 2
/ For Wire Transmission 400P.M. E.S.T. Tuesday, March 30, 1982


Ily adjusted current dollars.)


New orders for manufactured goods in February increased
S1 4 billion or 0.9 percent to $158.6 billion the Department
of Commerce. Bureau of the Census reported today. This is the
first increase in orders since a 0.6 percent increase in November
and the second since last July. The February increase in new
orders was caused mostly by a $1.0 billion increase in orders for
defense capital goods. Excluding the defense capital goods cate-
gory, new orders were up $0.4 billion or 0.3 percent.
Shipments of manufactured goods increased in February
S2.7 billion or 1.7 percent to $159.7 billion. This is the first
increase in shipments since last June when they were valued
7.4 percent higher at $171.5 billion.
The February increase in new orders was concentrated in
the durable goods industries. Orders for transportation equip-
ment were up $1.1 billion or 6.0 percent to $18.9 billion.
Nearly three-fourths of that increase was attributed to the
motor vehicle and parts industry, where for the automotive
assembly portion new orders equal shipments for the month.
New orders for fabricated metal products were up $0.6 billion
or 6.7 percent to $9 5 billion.

The largest decrease in new orders was in the primary metals
industry where orders have been falling since last July. February
orders were down $0.6 billion or 6.2 percent to $8.6 billion.
Most of the February decline was caused by the steel industry
which fell $0.5 billion or 10.7 percent to $3.9 billion.
Within the capital goods categories new orders for nonde-
fense capital goods in February declined $0.5 billion or 2.1
percent to $21.5 billion, while orders for defense capital goods
increased $1.0 billion or 13.7 percent to $8.3 billion. New
orders for household durables declined $0.1 billion or 2.3 per-
cent to $4.8 billion.
The increases in manufacturers shipments in February were
widespread. Within the durable goods sector the largest increases
occurred in the transportation equipment and nonelectrical
machinery categories. Shipments by the automotive industry
were up $1.0 billion or 10.7 percent to $10.0 billion, but sub-
stantially below the peak of $13.4 billion reached last July.


Increases in shipments of farm machinery, construction equip-
ment, and office and store machines contributed to the $0.9
billion or 5.7 percent increase in nonelectrical machinery
shipments.
Within the nondurable goods sector shipments increases
were reported in all industries except petroleum products. The
increase in nondurable goods shipments of $0.6 billion or 0.8
percent to $79.7 billion was minimized due to a $1.0 billion
or 6.4 percent decline in the petroleum products industry. Ex-
cluding that industry, nondurable goods shipments were up 2.5
percent for the month.
The unfilled orders level of manufacturers declined in
February $1.1 billion or 03 percent to $319.0 billion. For the
last several months the backlog data have been heavily in-
fluenced by increases in orders for defense capital goods. Ex-
cluding the defense area, the unfilled orders levels of manu-
facturers have been declining since July at an average rate of
1.2 percent per month. The July level was $252.3 billion.
The book value of manufacturers inventories in February
increased slightly, following 2 months of declines. At the end
of February, inventories were valued at $276.6 billion, up $0.7
billion or 0.2 percent from January. The inventory level of
nondurable goods manufacturers increased $0.5 billion or 0.5
percent to $91.6 billion, mostly due to an increase in petroleum
inventories of $0.3 billion. Excluding the petroleum products
industry, inventories of nondurable manufacturers also showed
little change from January.
The inventory to shipments ratio for February dropped to
1.73 from 1.76 last month. Prior to this, the ratio had shown
little change since October.
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 March
is scheduled for release on April 21, 1982, and the full report
is scheduled for release on April 30, 1982.


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, 30 cents per copy, $360 per year.


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

(Based on seasonally adjusted data)

Percent change Revisionr

Month-to-month Average monthly rate of changeear Average monthly
Item and industry group a
Jan.- Nov.- Fourth Third Second Mar. 1981 "ao Feb. 1981 Feb.
Feb. 1 Dec. quarter quarter quarter through F through 1977-
1982 1982 1981 1981 1981 1981 Feb. 1982 Jan. 1982 1981


Shipments:
All manufacturing industries......... +1.7 -2.5 -0.6 -1.5 -0.6 1.1 -0.3 0.1 0 2 0.1
Durable goods industries........... +2.7 -4.1 -0.6 -2.0 -1.0 +1.4 -0.4 0.3 0.4 0.3
Nondurable goods industries........ *0.8 -1.0 -0.5 -1.0 -0.1 +0.8 -0.2 0.7 0 3 0.5

Inventories:
All manufacturing industries......... 40.2 -0.3 -1.1 0.0 +0.8 +0.4 '0.4 0.4 0.1 0.0

New orders:
All manufacturing industries......... *0.9 -1.4 -0.3 -1.8 -0.5 +0.7 -0.4 0.9 0.3 0.4
Durable goods industries........... +1.7 -2.1 -0.2 -2.6 -0.8 +0.6 -0.6 1.0 0.6 0.6
Nondurable goods industries........ +0.1 -0.8 -0.3 -1.0 -0.2 +0.8 -0.2 0.8 0.4 0.5

Unfilled orders:
Durable goods industries............. -0.2 +0.1 -0.4 -0.8 +0.3 +0.2 0.0 0.2 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.
2The revisions are the differences between the 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 differences 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 INDUSTRY GROUP

(Based on seasonally adjusted data)


Inventories--shipments ratio Unfilled orders--shipments ratio
(months' backlog)
Industry group
Feb. Jan. Dec. Nov. Feb. Jan. Dec. Nov.
1982P 1982r 1981 1981 1982P 1982r 1981 1981


All manufacturing industries........................... 1.73 1.76 1.72 1.73 3.76 3.86 3.74 3.72

Durable goods industries.................................... 2.31 2.37 2.28 2.29 4.56 4.66 4.51 4.49
Stone, clay, and glass products............................. 1.80 1.75 1.82 1.80 0.59 0.60 0.68 0.67
Primary metals............................................ 2.58 2.39 2.57 2.38 2.43 2.39 2.71 2.54
Fabricated metals......................................... 2.15 2.25 2.15 2.18 3.29 3.42 3.36 3.33
Machinery, except electrical............................... 2.45 2.59 2.44 2.44 4.41 4.77 4.60 4.57
Electrical machinery...................................... 2.31 2.37 2.36 2.36 4.62 4.70 4.62 4.47
Transportation equipment.................................. 2.40 2.59 2.28 2.40 11.76 12.44 10.61 11.25
Instruments and related products............................ 2.48 2.45 2.30 2.36 1.88 1.82 1.69 1.76

'ondurable goods industries................................. 1.15 1.15 1.14 1.15 0.57 0.62 0.60 0.62
Food and kindred products.................................. 0.94 0.96 0.99 1.01 (X) (X) (X) (X)
Tobacco products.................................... 3.62 3.67 3.56 3.44 (X) (X) (X) (X)
Textile mill products..................................... 1.59 1.70 1.73 1.71 (NA) (NA) (NA) (NA)
Paper and allied products.................................. 1.36 1.34 1.35 1.35 (NA) (NA) (NA) (NA)
Chemicals and allied products................................... 1.36 1.36 1.29 1.35 (X) (X) (X) (X)
Petroleum and coal products................................ 0.64 0.58 0.56 0.55 (X) (x) (X) (x)
Rubber and plastics products, n.e.c........................ 1.47 1.48 1.49 1.59 (X) (X) (X) (X)


(NA) Not available.


PPreliminary. rRevised. () Not applicable.


'Excludes the following industries with no unfilled orders: Wood and lumber products; glass containers; metal cans, barrels, and drums; farm
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
Penalty for Private Use, $300


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