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:
AA00008477:00197

Related Items

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

Full Text





0 1 C




U.S. Department of Comme
BUREAU OF THE CENSUS


-CURRENT INDUSTRIAL REPORTS

Manufacturers' Shipments,

V2 Inventories, and Orders


/ ...JULY 1982
// M3-1 (82)-7
FOR WIRE ANSMISSION 3:30 P.M. EDT, TUESDAY, AUGUST 31, 1982


S(All figures intent below are in seasonally adjusted current dollars.)


New orders for manufactured goods in July increased $3.1
billion or 2.0 percent from June to $160.2 billion. Although this
is the largest monthly increase since December 1980, the value
of new orders was 7 percent below the July 1981 peak of $172.1
billion. Shipments of manufactured goods increased $1.0 billion
or 0.6 percent in July to $162.5 billion, following increases in
May and June of 3.0 percent and 0.4 percent, respectively.
The backlog of manufacturers' orders was valued at $303.7
billion at the end of July, down $2.4 billion or 0.8 percent from
June. This is the 12th consecutive monthly decline in backlog,
7.7 percent below the peak in July 1981 of $328.9 billion.
The book value of manufacturers' inventories at the end of
July was $275.2 billion, showing little change from June.
Prior to this, inventories had declined 6 of the last 7 months.
New orders for the durable goods sector were up $3.0
billion or 4.0 percent in July to $77.5 billion, revised upward
from the earlier reported 3.2 percent increase. Most of the
major industries contributed to the July increase. New orders
for transportation equipment were up $1.2 billion or 7.5
percent to $17.6 billion, with increases in both the aircraft and
motor vehicle industries. New orders for electrical machinery
increased $0.7 billion or 6.0 percent to $12.4 billion, while
orders for nonelectrical machinery increased $0.4 billion or 3.1
percent to $13.4 billion. New orders for primary metals increased
$0.1 billion or 1.4 percent to $8.7 billion. Following a steady
decline in this series from July 1981 to March 1982, orders for
primary metals have now increased 4 consecutive months. The
steel industry accounted for this month's increase.
New orders for nondefense capital goods increased $1.5
billion or 7.7 percent to $20.8 billion, following declines in
May of 10.1 percent and June of 5.2 percent. New orders for
defense capital goods were down $0.8 billion or 14.8 percent
to $4.6 billion, following a 13.9 percent increase last month.
Shipments of durable goods in July increased $0.8 billion
or 1.1 percent to $79.7 billion. The largest increases were in the
electrical machinery and transportation equipment categories.
Electrical machinery shipments were up $0.5 billion or 3.9


percent to $12.1 billion with most of the increase occurring
in the communication equipment industry. Shipments of
transportation equipment were up $0.4 billion or 2.4 percent
to $18.0 billion. An increase in the motor vehicle and parts
category of $0.6 billion or 6.1 percent to $11.1 billion was
partially offset by a decline in the aircraft and parts category of
$0.3 billion or 5.7 percent to $5.4 billion.
Shipments of nondurable goods in July increased $0.2 billion
or 0.2 percent to $82.8 billion. Shipments by the tobacco
products industry have shown unusual fluctuation the last 2
months with a July decline of 24 percent following a June
increase of 20 percent. Excluding the tobacco category, ship-
ments of nondurable goods increased 0.6 percent with the
largest increases occurring in the foods, apparel, and paper
products industries.
The decline in the backlog of orders of durable goods manu-
facturers of $2.2 billion or 0.7 percent to $294.7 billion re-
flected declines in several major industries, the largest decline
was in the nonelectrical machinery category which was down
$1.7 billion or 2.6 percent to $61.8 billion. Unfilled orders
for transportation equipment and facbricated metal products
were each down $0.4 billion.
The book value of inventories of durable goods manufacturers
declined $0.5 billion or 0.3 percent to $183.3 billion, offsetting
a $0.5 billion or 0.6 percent increase to $91.4 billion in in-
ventories of nondurable goods manufacturers. For durable
goods manufacturers, inventories have declined 7 of the last
8 months from a high of $190.2 billion last November. For
nondurable goods manufacturers, prior to this month's increase,
inventories had also been declining since November, except for
a 0.5 percent increase in 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 August
is scheduled for release on September 22, 1982, and full report
is scheduled for release on October 1, 1982.


The method of seasonally adjusting shipments data for the motor vehicle assembly industry for July through September has been changed
this year and is now consistent with the traditional X-11 approach followed for other industry categories in the survey. Previously, an estimated
seasonallv-adjusted monthly average for the third quarter was used in each of the 3 months to compensate for the erratic monthly movements
which occurred during this model changeover period. The change in procedure was made because the seasonal pattern in the data has become
somewhat more stable, and the data series subject to smaller historical revisions.

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 safe 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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a









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

(Based on seasonally adjusted data)

Percent change Revision2

Month-to-month Average monthly rate of change' Year Average monthly
Item and Industry group ago
June 1982- May 1982- Apr. 1982- Second First Fourth Aug. 1981 ago July 1981
July July
July 1982 Jun. 1982 May 1982 quarter quarter quarter through 1981 through 1977-1981
July 19821982 1982 1981 July 1982 June 1982


Shipments:
All manufacturing industries......... +0.6 +0.4 +3.0 +0.8 -0.4 -1.7 -0.4 0.2 0.2 0.2
Durable goods industries........... +1.1 -0.8 +3.1 +0.3 -0.4 -2.2 -0.6 0.4 0.3 0.5
Nondurable goods industries ........ 0.2 +1.6 +3.0 +1.3 -0.5 -1.2 -0.2 0.2 0.3 0.7

Inventories:
All manufacturing industries ......... 0.0 -0.5 -0.9 -0.6 -0.4 +0.1 -0.1 0.1 0.1 0.2

New orders:
All manufacturing industries ......... +2.0 +0.2 +1.2 0.0 -0.1 -2.2 -0.6 0.5 0.3 0.5
Durable goods industries ........... +4.0 -1.5 -0.6 -1.4 +0.6 -3.3 -1.0 1.2 0.7 0.9
Nondurable goods industries ........ +0.2 +1.8 +2.9 +1.3 -0.4 -1.2 -0.2 0.4 0.3 0.6

Unfilled orders:
Durable goods industries............. -0.7 -1.4 -1.2 -1.0 -0.3 -0.9 -0.6 0.2 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.
'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 ratio'
(months' backlog)
Industry group
July June May April July June May April
1982P 1982r 1982 1982 1982P 1982r 1982 1982


All manufacturing industries........................... 1.69 1.70 1.72 1.79 3.64 3.71 3.71 3.86

Durable goods industries......................... .......... 2.31 2.34 2.32 2.41 4.45 4.52 4.52 4.71
Stone, clay, and glass products............................ 1.68 1.66 1.66 1.74 0.50 0.51 0.52 0.54
Primary metals............................................. 2.86 2.86 2.89 2.84 2.63 2.58 2.55 2.50
Fabricated metals........................................... 1.92 1.98 1.95 2.02 2.83 2.95 2.92 3.12
Machinery, except electrical................ 2.90 2.84. 2.80 2.88 4.39 4.38 4.46 4.68
Electrical machinery........................................ 2.22 2.32 2.27 2.34 4.55 4.70 4.58 4.68
Transportation equipment................................... 2.19 2.22 2.24 2.43 11.04 10.96 11.23 12.41
Instruments and related products .......................... 2.36 2.34 2.33 2.49 1.80 1.78 1.85 1.95

Nondurable goods industries.................................. 1.10 1.10 1.13 1.18 0.52 0.54 0.55 0.57
Food and kindred products................................... 0.87 0.85 0.87 0.91 (X) (X) (X) (X)
Tobacco products............................................ 4.79 3.48 4.27 4.16 (X) (X) (X) (X)
Textile mill products....................................... 1.53 1.51 1.57 1.61 (NA) (NA) (NA) (NA)
Paper and allied products................................... 1.32 1.36 1.39 1.37 (NA) (NA) (NA) (NA)
Chemicals and allied products.............................. 1.43 1.44 1.48 1.55 (X) (X) (X) (X)
Petroleum and coal products................................. 0.53 0.52 0.52 0.59 (X) (X) (X) (X)
Rubber and plastics products, n.e.c......................... 1.51 1.61 1.71 1.76 (X) (X) (X) (X)


(NA) Not available.


Preliminary. rRevised. (X) Not applicable.


IExcludes 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


S UNIVERSITY OF FLORIDA


3 1262 08590 3200
SU.S.Mi


POSTAGE AND FEES
U.S. DEPARTMENT OF COMM
COp


First Class