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:
AA00008477:00195

Related Items

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

Full Text
:-3C-


5 CURRENT INDUSTRIAL REPORTS

Manufacturers' Shipments,

A ,1- Inventories, and Orders


Nrrs X/ MAY 1982
U.S. Department of Commerce / M3-1 (82)-5
BURE AU OF THE CENSUS For Wire Transmission 2 30 P.M. E.D.T. Wednesday, June 30, 1982


I (All figures in text below are in seasonally adjusted current dollars.) I


New orders for manufactured goods in May increased $2.4
billion or 1.5 percent from April to $158.1 billion the Depart-
ment of Commerce, Bureau of the Census reported today. Ship-
ments of manufactured goods in May were up $4.1 billion or
2.6 percent to $161.2 billion. This is the largest one month
increase in shipments since October 1980 and only the second
increase since last June. Both the shipments and new orders in
May were influenced by an increase in the value of petroleum
products shipments of $1.1 billion or 7.8 percent. For this
industry new orders are considered equal to shipments for the
month.
Unfilled orders for manufactured goods at the end of May
were valued at $314.8 billion, down 1.0 percent from April.
Except for a 0.2 percent increase in March, the backlog of
orders has been declining since the August peak of $328.8
billion. The book value of manufacturers' inventories decreased
$2.7 billion or 1.0 percent in May to $271.5 billion. This is the
5th decline in the last six months in inventories.
New orders for durable goods in May were up $0.5 billion or
0.6 percent to $78.1 billion. All of the major industries except
machinery showed increases. New orders for primary metals
were up 3.7 percent following a 4.0 percent increase in April.
Prior to that primary metals orders had declined eight con-
secutive months. New orders for nonelectrical machinery were
down $1.2 billion or 8.0 percent to $14.0 billion with most of
the decline coming from the computer industry. New orders for
electrical machinery were down $0.9 billion or 6.9 percent to
$11.5 billion with a large decline in orders for communication
equipment offsetting increases in the other industries.
Within the capital goods sector, new orders were down in
both the defense and nondefense categories. New orders for
nondefense capital goods were valued at $19.7 billion, down
$1.7 billion or 7.9 percent from April. New orders for defense
capital goods declined for the 3d consecutive month, following
large increases in November through February. The May decline
was $0.7 billion or 12.4 percent to $5.1 billion.
The $4 1 billion increase in manufacturers' shipments in May
was split between the durable and nondurable goods sectors.
Durable goods shipments were up $2.1 billion or 2.7 percent to
$81.1 billion, while nondurable goods shipments were up $2.0


billion or 2.5 percent to $80.1 billion. Within the durable goods
category, the largest increase was in transportation equipment
where shipments were valued at $18.9 billion, up $1.1 billion
from April. Although the aircraft industry accounted for over
half the increase, shipments by the motor vehicle industry con-
tinued to improve, showing its 4th consecutive monthly gain.
Shipments of primary metals were down $0.3 billion or 3.3
percent to $8.7 billion with the steel industry causing the total
decline.
Within the nondurable goods industries, the petroleum in-
dustry reported a $1.1 billion or 7.8 percent increase in value
of shipments following declines in 5 of the last 7 months.
Chemical shipments were up $0.3 billion or 2.3 percent while
paper product shipments were down $0.2 billion or 3.4 percent.
Declines in the orders backlogs of manufacturers was wide-
spread. Unfilled orders for nonelectrical machinery were down
$1.9 billion, transportation equipment $0.7 billion, fabricated
metals products $0.5 billion and primary metals products $0.3
billion. The only significant increase in backlog was in the all
other durable goods category which increased $0.5 billion or
8.4 percent.
The decline in the book value of manufacturers' inventories
was concentrated in the nondurable goods sector. There inven-
tories were down $1.6 billion or 1.8 percent, over half of which
was attributable to the petroleum products industry. Inventories
of durable goods manufacturers declined $1.1 billion or 0.6
percent to $182.3 billion. The inventory to shipments ratio for
May was 1.68, down from 1.74 in April.
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 June is
scheduled for release on July 22, 1982, and full report is
scheduled for release on August 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 Runvan 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)


Item and industry group


Percent changes


Month-to-month


Apr.-
May
1982


Average monthly rates of change1


First
quarter
1982


Fourth
quarter
1981


Third Jun. 1981
quarter through
1981 May 1982


Revisions2


Average monthly

May 1982 May
through 1977-
April 1981 1981


Shipments:
All manufacturing industries......... +2.6 -0.8 -0.6 -0.5 -1.5 -0.6 -0.3 0.3 0.3 0.3
Durable goods industries........... +2.7 -0.5 -0.4 -0.7 -2.0 -1.0 -0.5 0.3 0.4 0.3
Nondurable goods industries........ +2.5 -1.0 -0.9 -0.4 -1.0 -0.1 -0.1 0.5 0.3 0.6

Inventories:
All manufacturing industries......... -1.0 -0.3 -0.5 -0.1 -0.1 +0.8 +0.1 0.0 0.1 0.1

New orders:
All manufacturing industries......... +1.5 -2.3 +0.6 0.0 -1.8 -0.5 -0.5 0.4 0.3 0.4
Durable goods industries........... +0.6 -3.6 +1.6 +0.3 -2.6 -0.8 -0.9 0.4 0.7 0.3
Nondurable goods industries........ +2.4 -1.0 -0.5 -0.4 -1.0 -0.2 -0.1 0.5 0.4 0.7

Unfilled orders:
Durable goods industries............. -1.0 -0.4 +0.3 0.0 -0.8 +0.3 -0.2 0.0 0.1 0.0

Represents zero.
Method of calculations of these percentages for the quarter and the 12-month time intervals reflect compounded monthly growth rates.
'The 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
May April March Feb. May April March Feb.
1982p 1982r 1982r 1982 1982P 1982r 1982r 1982


All manufacturing industries........................... 1.68 1.74 1.74 1.73 3.73 3.86 3.77 3.76

Durable goods industries..................................... 2.25 2.32 2.31 2.31 4.51 4.68 4.60 4.56
Stone, clay, and glass products............................ 1.74 1.79 1.78 1.79 0.53 0.53 0.54 0.59
Primary metals............................................. 2.79 2.75 2.87 2.59 2.47 2.43 2.57 2.43
Fabricated metals......................................... 1.99 2.06 2.05 2.14 2.91 3.09 3.15 3.25
Machinery, except electrical............................... 2.67 2.76 2.57 2.56 4.54 4.80 4.51 4.62
Electrical machinery...................................... 2.19 2.25 2.28 2.31 4.66 4.74 4.68 4.61
Transportation equipment.................................. 2.09 2.23 2.29 2.38 10.86 11.92 11.52 11.67
Instruments and related products............................ 2.29 2.49 2.34 2.37 1.74 1.88 1.79 1.79

Nondurable goods industries................................. 1.11 1.16 1.16 1.15 0.57 0.58 0.56 0.58
Food and kindred products................................. 0.94 0.96 0.95 0.94 () (X) (X) (X)
Tobacco products.................................. ...... 3.89 3.81 3.86 3.62 (X) (X) (X) (X)
Textile mill products..................................... 1.57 1.61 1.52 1.60 (NA) (NA) (NA) (NA)
Paper and allied products.................................. 1.46 1.41 1.39 1.37 (NA) (NA) (NA) (NA)
Chemicals and allied products.............................. 1.33 1.39 1.35 1.35 (X) (X) (X) (X)
Petroleum and coal products................................ 0.48 0.58 0.66 0.64 (X) (X) (X) (X)
Rubber and plastics products, n.e.c......................... 1.55 1.59 1.62 1.55 (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.


1


I


I I




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