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:
AA00008477:00198

Related Items

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

Full Text

3~~t7: A3-i


Manufacturers' Shipments,

Inventories, and Orders


AUGUST 1982
M3-1(82)-8
FOR WIRE TRANSMISSION 3:00 P.M. E.D.T. FRIDAY, OCTOBER 1, 1982

\ in seasonally adjusted current dollars.)


New orders for manufactured goods in August declined $4.4
billion or 2.8 percent from July to $154.1 billion the Depart-
ment of Commerce, Bureau of the Census reported today. The
August decline, which is the largest since a 4.9 percent decrease
last October, followed three consecutive monthly increases.
Manufacturers' shipments also declined in August, down $3.6
billion or 2.3 percent from July to $157.7 billion.
The backlog of manufacturers' orders in August declined
$3.6 billion or 1.2 percent to $299.6 billion, the thirteenth
consecutive monthly decline in the series. The book value of
manufacturers' inventories showed a slight decline from July,
down $0.3 billion to $274.6 billion. Although inventories
showed declines in eight of the last nine months, the rate of
decline has slowed the last two months.
Of the $4.4 billion decline in total new orders in August,
orders for durable goods declined $3.1 billion or 4.1 percent
to $73.3 billion. This more than offset last month's durable
goods increase of 2.5 percent. Within the major industry groups
the largest declines were in transportation equipment, electrical
machinery and primary metals orders. The transportation
equipment decline of $1.8 billion or 10.3 percent to $15.7
billion was concentrated in the motor vehicle and parts and
shipbuilding categories. The electrical machinery decline of
$0.7 billion or 6.0 percent to $11.7 billion followed a 5.9
percent increase last month. The decline in primary metals
orders of $0.5 billion or 6.0 percent to $8.1 billion followed
four consecutive monthly increases and dropped orders back
to the level reported for April. New orders for nonelectrical
machinery increased in August $0.8 billion or 6.2 percent to
$13.7 billion.
New orders for nondefense capital goods in August declined
$1.0 billion or 4.8 percent to $19.3 billion, offsetting last
month's gain of 5.4 percent. New orders for defense capital
goods in August were up $0.7 billion or 14.6 percent to $5.4
billion.
The 2.3 percent decline in shipments of manufactured
products reflected decreases in both the durable and nondurable


sectors. Within the durable category, which was down $2.0
billion or 2.5 percent to $77.0 billion, all major industry cate-
gories declined with the electrical machinery and miscellaneous
durable goods industries showing the largest decreases. Within
the nondurable category, which was down $1.6 billion or 2.0
percent to $80.7 billion, the food products industry accounted
for about 3/4ths of the decline. Shipments of food products
were down $1.2 billion or 5.3 percent to $22.0 billion. Ship-
ments of petroleum products and rubber and plastics products
also showed declines in August.
The August decline in unfilled orders of durable goods manu-
facturers was the 13th consecutive. Since July 1981 unfilled
orders for the nondefense capital goods category in August
declined $2.4 billion or 1.8 percent to $129.7 billion. Since
January 1981 when the backlog peaked at $157.0 billion,
unfilled orders for nondefense capital goods have declined
17.4 percent. During that same time period, the backlog of
orders for defense capital goods increased 34 percent from
$63.5 billion to $85.1 billion.
The book value of inventories has declined 3.9 percent since
last November when the level peaked at $285.8 billion. Both
the durable and nondurable goods categories have been de-
creasing. Inventories by stage of fabrication during that time
show materials and supplies declining 5.6 percent, work in
process declining 4.2 percent, and finished goods declining 1.7
percent. The inventory to shipments ratio during that time has
remained relatively steady; the November ratio was 1.77 while
this month's ratio is 1.74.
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 September
is scheduled for release on October 22, 1982, and full report
is scheduled for release on November 2, 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
seasonally-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 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.


U.S. Department of Comr
BUREAU OF THE CENSUS


CURRENT INDUSTRIAL REPORTS





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Sfipaents:
All sanufacturg ndstrles ....
rble goods industres........
niodurabttle gods industriet ... ...

Inventories:
All nanufactarlng d triess ...

Nea orders:
All matnufacturinteg innustries.........
Durable goods industres..........
'oandarable goods industries........

Unfilled orders:
Durable goods industries .. ....


-P

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Represents zero.
'Method of calculation of these percentages for the quarter and the 12-.onth tih e intervals reflect compounded no thly growth rates.
0The revisions are the differences between the on-th-to-onth percent changes of t-he prelt lnary and Ifnal estimates. The monthly 1 averages are the
siple 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 conth.












Table 7. RATIO OF MAIJFACTURERS' INVE'TORIES TO SHIPMENTS AND LNFILLED ORDERS TO SHIPMENTS, BY IMNISTRY GROUP

(Based on seasonally adjusted data)


Inventor es--shipments ratio
*(oaths' b-cklog)
Industry group
Aug July
1982 1982r. ..


All manufacturing industries .......................... .7& L. 70 1.70 1.72 3.72 3.67 3 69 3.71

lrable goods industries ..................................... 2.38 2.33 2.34 2.32 4.5 7 ...9 4.51 4.52
Stone, clay, and glass products........................... 1.75 1.68 l.-b l.b 0.53 0.51 0.51 0.52
Primary .etals............................................ 2.89 2.90 2.68 2.89 2.66 2.65 2.58 2.55
Fabricated metals................... .................... 1.97 1L93 1.9 1.95 2.84 2. 83 2.95 2.92
Machinery, except electrical. .................. 2.96 2.95 2.8 2.80 4.3b 4.s2 4.38 4.46
Electrical anchinery .................................. 2.34 2.22 2.32 2.27 4.80 4.54 4.70 4.58
Trnsportaion equipment.................................. 2.22. 2.21 2.22 2.2 11.i47 II.14 10.96 11.23
Instruments and related products........................ 2. 2.41 2.34 2.33 1.83 1.81 1.78 1.85

Nondurable goods industries.......................... ..... 1.13 l.11 1.10 1.13 0.53 0.53 0.54 0.55
Food and kindred products........... .................... 0.93 087 0.85 0.87 (X) () (X) (X)
Tobacco prodacts........................................ 3.78 4-79 3..8 4.27 (X) (X) (X (X)
Textile mill products ............................................ 1.54 1.58 1.51 1.57 (NA) (NA) INA) (NA)
Paper and allied products.................................. 1.32 1.35 1.36 1.39 ('A) (NA) Chemicals and allied products............................ 1.44 1.46 1.44 1.48 (X) Petroleou and coal products............................... 0.54 0.52 0.52 0.52 (X) tX) (XI (X)
Rubber and plastics products, n.e.c...................... 1.62 1.54 1.61 1.71 (X) (00 tX) (X)

(NA) Not available. PPreliminary. rRevised. (X) Not applicable.
'Excludes the following industries with no unfilled orders: cood and lumber products; glass containers; metal cans, barrels, and druns; farm
aachinery 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
BURE AU OF THE CENSUS
Washington, D.C. 20233
Official Business
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