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:
AA00008477:00193

Related Items

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

Full Text

CURRENTT\ INDUSTRIAL REPORTS
CURRENT INDUSTRIAL REPORTS


', 0ES'.

U.S. Department of Comr
BUREAU OF THE CENSUS


Manufacturers' Shipments,

Inventories, and Orders


MARCH 1982
M3-1(82)-3
For Wire Transmission 2:30 P.M. E.D.T. Friday April 30, 1982


New orders for manufactured goods 7inMarch increased 0.2
percent or $0.4 billion from February, the Department of
Commerce, Bureau of the Census reported today. Excluding
orders for defense capital goods, manufacturers' new orders
were up $1.1 billion or 0.7 percent to $151.5 billion, following
a 0.6 percent increase in February.
New orders for manufacturers' durable goods increased in
March by $0.3 billion or 0.4 percent to $80.1 billion, revised
from the earlier estimate of a 1.9 percent increase. Most of the
revision was due to more complete reporting in the transporta-
tion equipment and fabricated metal products categories.
Within the major industry groups, new orders for electrical
machinery and fabricated metal products showed the largest
increases in March. For electrical machinery, new orders were
up $1.6 billion or 13.9 percent from February to $12.9 billion.
Most of this increase was attributable to orders for defense
communication equipment. New orders for fabricated metals
were up $0.2 billion or 2.3 percent to $9.8 billion.
New orders for transportation equipment, valued at $19.1
billion, showed little change from February, as increases in the
motor vehicle and parts and aircraft and parts industries were
offset by large declines in shipbuilding and railroad equipment.
New orders for primary metals fell for the eighth consecutive
month, as both the steel and nonferrous metals industries con-
tinued downward. The March decline in primary metals was
$0.7 billion or 8.3 percent to $7.9 billion.
New orders for nondefense capital goods were up for the first
time since November. March new orders were estimated at
$22.1 billion, up $1.0 billion or 4.8 percent from February.
New orders for defense capital goods declined $0.7 billion or
8.5 percent to $7.9 billion, following increases of between 10
and 30 percent per month since the 1981 low last October of
$3 8 billion
Shipments of manufactured goods declined in March $1.1
billion or 0.7 percent to $1589 billion. Except for a 2.0 percent
increase in February, shipments have been declining since last
June when they were valued at $171.5 billion.


Within the durable goods sector, shipments were down $0.9
billion or 1.1 percent from February to $79.4 billion. The
largest decline was in the primary metals category where ship-
ments fell by $1.0 billion or 9.7 percent to $8.9 billion, the
lowest level since March 1978. Shipments by producers of
transportation equipment were up in March $0.4 billion or 2.7
percent to $16.9 billion. Shipments by the motor vehicle and
parts industry increased $0.4 billion or 3.6 percent to $10.3
billion, following a 10.5 percent increase in February.
Shipments by nondurable goods manufacturers declined
$0.2 billion or 0.3 percent in March to $79.5 billion, the
seventh decline in the last 8 months. The largest decreases were
in petroleum products and food products shipments, each
declining $0.2 billion.
The backlog of orders of manufacturers increased $0.5
billion or 0.2 percent to $318.8 billion, following 6 months of
declines. The backlog of orders for defense capital goods
increased $3.1 billion or 3.6 percent to $90.6 billion. Excluding
the defense orders backlog, manufacturers' unfilled orders
declined $2.6 billion or 1.1 percent for the month to $228.3
billion.
The book value of manufacturers' inventories declined in
March $1.0 billion or 0.4 percent to $275.2 billion, the third
decline in the last 4 months. Most of the decrease came in the
durable goods sector, which was down $0.6 billion or 0.3 per-
cent to $183.8 billion. The inventory to shipments ratio for
March was 1.73, unchanged from February.
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 April is
scheduled for release on May 21, 1982, and the full report is
scheduled for release on June 2, 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, $3.60 per year.







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

(Based on seasonally adjusted data)

Percent changes Revisions2

Month-to-month Average monthly rates of change Year Average monthly
Item and industry group
Feb.- Jan.- Dec. 1981- First Fourth Third Apr. 1981 agO Mar. 1981 Mar.
Mar. Feb. quarter quarter quarter through through 1977-
1982 1982 1982 1981 1981 Mar. 1982 Feb. 1982 1981


Shipments:
All manufacturing industries......... -0.7 +2.0 -2.6 -0.5 +1.5 +0.6 -0.4 0.1 0.2 0.2
Durable goods industries........... -1.1 +3.3 -4.2 -0.7 +2.0 +1.0 -0.6 0.4 0.4 0.2
Nondurable goods industries........ -0.3 +0.7 -1.0 -0.2 +1.0 +0.1 -0.1 0.3 0.3 0.3

Inventories:
All manufacturing industries.......... -0.4 +0.4 -0.3 -0.1 -0.1 -0.8 +0.3 0.1 0.1 0.1

New orders:
All manufacturing industries.......... +0.2 +1.8 -2.1 0.0 +1.8 +0.5 -0.4 0.1 0.3 0.4
Durable goods industries........... +0.4 +3.5 -3.3 +0.2 +2.6 +0.8 -0.7 0.5 0.7 0.7
Nondurable goods industries......... 0.0 +0.2 -0.8 -0.2 +1.0 +0.2 -0.1 0.2 0.3 0.2

Unfilled orders:
Durable goods industries............. +0.2 -0.2 -0.2 0.0 +0.8 +0.3 -0.1 0.0 0.1 0.2

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 ratio1
(months' backlog)
Industry group
Mar Feb Jan Dec Mar Feb. Jan Dec
1982p 1982r 1982 1981 1982P 1982r 1982 1981


All manufacturing industries............................ 1.73 1.73 1.75 1.71 3.77 3.73 3.85 3 74

durable goods industries......................................... 2.32 2.30 2 37 2 28 4.59 4.52 4 66 4 51
Stone, clay, and glass products............................. 1.83 1.79 1 75 1.82 0.56 0.59 0 60 0 68
Primary metals ..35.................................. ... 2.86 2.59 239 257 2.58 2.43 2.39 2 71
Fabricated metals ......................................... 2.07 2.14 2.25 2.15 3.19 3.25 3.41 3,36
Machinery, except electrical............................. 2.49 2.48 2.59 2.44 4.34 4.46 4 77 4.60
Electrical machinery................................... 2.30 2.31 2.37 236 4.72 4.61 4.70 462
Transportation equipment................................... 2.33 2.38 2.58 2.25 11.64 11.67 12.51 10.61
Instruments and related rela products ........................... 2.42 2.37 2.45 2.30 1.83 1.79 1.82 1.69

Nondurable goods industries..................... ........... 1.15 1.15 1 15 1.14 0.56 0.58 0.62 0.60
Food a nd kindred products.................................. 0.94 0.94 0.96 0.99 (X) () () (X)
Tobacco products....................................... 3.86 3.62 3,67 3.56 (X) (X) (X) (X
Textile mill products...................................... 1.57 1.60 1,70 1 73 (NA) (NA) (NA) (NA)
Paper and allied products.................................. 1.39 1.37 1.34 1.35 (NA) (NA) (NA) (NA)
Chemicals and allied products............................... 1.36 1.35 1 36 1 29 (X) (X) (X) (Xl
Petroleum and coal products................................. 0.65 0.64 0.58 0.56 (X) (X) (X) ((X)
Rubber and plastics products, n.e.c........................ 1.61 1.55 1.48 1.49 (X) (X) (X (X)

(NA) Not available. PPreliminary. rRevised. (X) 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
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UNIVERSITY OF FLORIDA


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