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CURRENT INDUSTRIAL REPORTS manufacturers' Shipments, Inventories, and Orders March 1964 DOCUMENTS DEPARTMENT UNIVERSITY OF FLORIDA LIBRARIES FOR RELEASE: May 1, 196 SERGAINESLE: M3-lR(64)-3 FOR. RELEASE: May 1, 1964 SERIES; M3-i(64)-3 Manufactu rers i43tarch continued nea twao:months of the the .:U. S. Deparl year, ;ment today. Unfilled orders ally adjusted backlog of of. March and inventories to: a level of $60. ' shipments r the high after season of Comm rose slight $50.7 bi s increase new orders of the first nal adjustment, erce itly to million ed $1I announced a season- at the end million billion. Durable goods shipments billion, from 1 seasonally February , Bureau of the usted, according Census. in March of $19.0 declined to the Increased electrical machinery and instruments offset lower shipments glass, fabricated metals, durable goods industries. All stone, Depar activity areas clay, miscella slightly tment's n the were and neous other major indus- try groups remained at their February levels. $17.4 ment, Shipments of billion in Marc an increase nondurable h, after of 1 percent Relatively larger incre ases e goods seasonal ove were totaled adjust- r a month ago. recorded in the tobacco and textile mill products industries. *'New orders durable : billion, goods duri seasonally received ng March adjusted, by manufactu amounted to down slightly re r --Tf $19.4\ from record industry stone, c miscelli moderate corded, furniture products seasonal d Februa groups :lay and eous ry-January showed lass, durable declines. however, industries series mixed rates. T patterns, The major with the electrical machinery, goods Small the New o declined industries increases primary n rders t record were netals he def re- and ense percent in March y adjusted amount of $2. February for the durable creased I billion,. for the seasons lion from Febru higher than good! third backlog of s industries consecutive lly adjusted, This backlo a year Inventories amo men hunting to t, showed billion. unfilled orders in March month to S$ about was 2 mil- percent ago. of durable 36.0 billion, a slight All industry groups in their wor March stories season inventory k-in-process were offset by Nondurable remained , reco e goo after increase rded holdings. ds manufacturers seasonal adjust- over February. only minor changes Higher inventories and materials and supplies in a decline manu Febru al adjustment of $24. in finished goods. facturers' level, inven- after billion. Prepared by Bureau of the Census, Indubtry Division. Manufacturers' Shipments, Invenlorieb, and Orders Branch Ir.-. ,..I.. L.._ *L.. ..-_- .__i -__. _tfl_ -.. .._ I*7 rn =l airy i ,, -n it-. - ary. in 2 Table 1.--VALUE OF MASUFACT ORES S'SHIU S ESES,IA AND RDES, BT INDSTRT GROUP: MARCH 1964 (Millions of dollars) Without seasonal Without seasonal Seasonally adjusted adjustmenti Seasonally adjusted adjusant Industry group Mar. Feb. Jan. Mar. Feb. Mar. Mar. -Feb. Jan. Mar. Feb. Mar. 1964 1964r 1964 1966 1964r 1963 1 96P 1964r 1964 1964~ 1964r 1963 All manufacturing Durable Stone, goods industries, industries, total. total...- . and glass products.. Primary netals, furnaces All-other Fabricated Machinery, Engines total......s..... , steel mills... primary products, barrels total. and druDsn...-.*- * except electrical, total..... and turbines....... ... ........* Farm IDachinery Construction, handling MetalwarkI General and equipment............ mining, and-material ng 1nacI2iner~'. S. S S S S S S S S S * industrial Electrical machinery, Electrical equipment Household transmis and indu appliance machinery. .....,.. total............... sion and distribution mistrial apparatus..... s, including radio and TV................................ Coanmunication Transportation "e hbtor vehicles Aircraft Instruments equipment, and parts................ and parts................. ..... and related All other durable Nondurable goods industries, Food and kindred products, products.... industries.. total... total... Meat products.......... Tobacco prodz Textile mill paper and al Pulp, paper Chemicals ani Industrial Petroleum ani Rubber and p products, tc ....... total.. d allied products, chemicals, except total..... pigments.. d coal products............... plastics All other nondurable All manufacturing Durable g Primary oods industries metals, Blast furnaces, Fabricated Machinery, Engines an Constructi handling Mstalworki General products, n.e.c....... goods industries..... industries , total... total.......... steel mills... metal products..... except electrical, mining, and material equipment. ........-...... ng machinery.................. industrial Electrical machinery, Electrical equipment Household transmis and indu appliance machinery............ total............... sion and distribution istrial apparatus..... including equipment........ ....... equipment, tot l......... flLD-UZ Trj:~ IJcr~d.r;D1e hi p IE fl ts 56,5372 18,978 952 17,594 36,278 19,070 999 3,054 1,649 1,585 2,011 202 2,717 161 246 505 175 191 36,677 19,144 1,018 17,5 33 37,224 19,564 884 3,243 1,758 1,505 1,912 188 2,925 188 297 567! 184. 194 2,565 556 604 626 56,861 19,251 842 1,911 176 2,827 165 275 506 179 - 197 2,5253 558 596 602 599 2,085 17, 610 6,171 1,576 55339 1,457 1,598 628 2,745 899 1,4 98 8356 3,168 55,060 18,1753 850o 5,069 1,681 1,588 1,761 190 2,651 188 279 452 207 209 2,407 499 568 581 4,971 5,501 1,282 575 1,909 16,887 Total 60,255 56,032 1,559 5,956 5,518 2,418 3,982 4o6 6,896 466 647 1,193 681 506 5,056 1,188 24,201 6,181 610o 2,544 2,822 1,798 694 6a,o8 24,165 '63 6,156 622 inventories 59,991 55,955 1,539 5,908 5,519 2,389 3,971 402 6,9261 468 656 1,199 685 501,187 5,075 1,187 24,096 6,052 595 2,557 2,846 1,792 60,567 56,546 1,599 24,221 5,989 635 New orders Unfilled orders I I I 36,722 19,360 5,118 iit2 36,696 57,148 19,740 5,147 1,641 2,045 2,808 194 519 257 198 57,679 20,044 57,581 19,969 3,363 1,>838 2,002 2,994 198 56,569 19,497 5,570 2,150 1,824 2,725 190 50,586 47,644 7,557 1,691 511 5,410 50,083 47,072 51,214 48,541 60,486 56,175 1,576 5,951 5,552 2,419 5,935 594 6,976 N^ 681 1,21 56 1197 1,150 1,24^ a, ki8 2,730B 5,819 1,756 5,7^ I .1 I I .-~* ~...I L *-It '1 rt.n* r*. flL~I 7 flu rtfl~'I ) flas 58,11~32 5, Sit 3,8Th 390 1,3~ 49~9 ~8t .793 Blast Metal metal ** *eS *4* S. 5Ds*-*-* S. cans, goods icts ......... products... lied r, e F , total... .** S ***** S t *5*~**SS S.. S d t on, urbines............ ........ radio Communication Transport tion An-: rai'T enj. inner r OLr Di- *s, : Table 2.--VALUE OF MANUFACTURERS' SHIPMENTS, INVENTORELS, AND ORDERS, FOR MARIE CA E~Okfl Aa3D ~ Qfl ~J EAR! SERIES: MARCH i'964 CMIUiOLS of dcl Ian) Witn~uL ~ Ses.Eori~U.J ~dJ~s r.ea *ItrfliJt EE2cri~i Seasonally ~~.t~ted aIjustmenr !id jU.Etlikflt [tea, I I f I *ffj6h'~ r lQE.4 ~*j*IJ it~ El. WI. r ?&r. k.erj. Jan. Mar. j r;~r hkr. Mar. j he len. IA~r. F~b. All a~ntdUrcluring D1rrsble l.rJuAstri .e goods LJLLsLtri.%, totl-...- Nonduranle goods "nauzLrie~, t'.al. MarI,~t. *&atEgoriE: Home goois ana ipparei Consumer stLaplez...... Equipne.It and] aefensE3 proJucti, eAcept aut motive. .. . .................... Auttotive equipirot ...................... Construction materiaL:, idpple:, =na i.iterrea i ate proa uct n .................... Other materi.als ad EupptI.es .n. uite-rnuaiate prod^ucta.................... SuppleEntary series: Consumer durables...... Defense products....... Machinery and equiptrt idutstri'es LU manSacturuw Dunble jrr~UStI i.& t o a. 1... gc.~s a~au.strte~, total Nondurible gooai induntrie3, tItJal. categories: Home good anad appaiel......... Consumer tapl ............... Equipment and d*iefeu:e procautT, Automotive .................... Automotive EqLip _rit............. Cor.struction material upplie.: intermeal, te prc.Juct ".......... Otner material. ~na :Luppli.e ari ate rmediate pr. ucta.......... SupplImentary series: ConEmer aurerles. Defense proauct . tebinery sna equipmEnt ~ S .. a a ... ........... i g Snpu~ents - - * ~ tS, ~;8 *i?, cc~;* .5, :60 ICt.1 Lnve.rt :r L-- V. ti ~:J~ 6C. t''8 5t ~ c~O,5I I I a a - NE~i M'*IErs Iir.f 1 le *:.rdE r' i7,t.). 2.2 ih.6C. -,. 71h1 -, I ti, t,.I~. 7*i~j * -ri, t*: ~ I Fr r.j *.n1.*1 1.915 h.'.'. Ltt. c.') - 1,-*'.'i ~., ;&. *I*7 * 17, ^'.0 ,~, 4~.3 , ,C~5 I ^ 1, :~ PPrE. ]Ainary. Rfvisviea. 1Shipmentt? and new order rTh, campisT ioa of triEFe Cons-ma-r o',"rarles - adjuz tea tar trad tg-d-d aw and cain ar micritn r h ariior; c r;*,rild' d *rrair^ an3d iri nT r' r as Sf =ri:a 1' fra t.h sUpplimirAtirv .Eeire 1;.~3 _LiI6roGl.] urAtdre; KitcroD rti:ide" iJ]J potTery; CutEltj, 'I ~ r. j~E Fppi icC e. opritrmLiu~ ~CCd?, ,jt~rj~31 ml A:.2K~; and ir~:cELJ.a.rEoIL perEcrit t7&fl. Deienae products Cou Mac tdnery iu equ iprnejnt municmtiOr eqLipmEnrit, crmprlt- taacrrsit, rI.1m.L I !E? - Ma reininry e .:-epFt C lE. triCal ( xc(ueki 1e Iuaig Ciru m in rerr nml .iuiTnenr l-iL F-a: rr..e shopz.i, clicIrPL* iTacrnLaer-Y comJiporienTr ), irup DouldLfl . lu.,g 'ac u nid .pcli1nce comur ae icn e qu rilt m e ie: ^roni 1 rAj r patrsg, and rh Lraja strc zreet *: ar .equipirrErjt. r.'' t'*at i.- t t. l ... .........m ......... - I, -- ...............g. .. l.i.l..i....a .. l.. . ?knet C . a a a a. ai a m. a ...... .l a a. i....... ................lm ll ii tLS tI~ jE a a . UNIVERSITY OF FLORIDA 11 l I II 1 111 1II II DI 1 11 11 111 3 1262 08589 3807 Table 5.-RATIO OF MANUFACTURERS' INVENTORIES TO SHIMENTS AND UNFILLED ORDERS TO SHIPMENTS, BY INDTR( GflROUP: - -.----1"I.. ~',just&i Industry All manufacturing Durable group industries, total..... industries, total.......................... Stone, clay, and glass products.....---*.....***S* *..** Primary metals....... ................., Fabricated metals................ .............. Machinery, except electrical............................ Electrical-machinery............................. Transportation equipment. ............................ Instruments and related products........................ Nondurable ifidustries, total. Food ard kLtdred produce ..................... I *."' .1, i* U *aLt. d T' ........ .. ..................... I-, *-_ ir 3lt-3 r:' 'j-.* T.. .......... ........ I-_F.-r i.,l. r 11 -. .r -,.:T: .... ....... ... ... '. 1 ri'i|I 'T.L' r'i, *: --i p r :'Jj,: .. ..... .. ... ........ F li *'A' .ir anj i cs pr c .a.. . .. 1 .*E= i ,i.* Ji ii- p'c- .: ...:. .. .. ..=.......... Inventories - shipments ratio Unfilled orders .rpigment (nonths'rbse kog ) 2.53324 2.80 2.99 (NA) (NA) 0.65 ^ 1.1 -5 2.225 eTi I ~ :-ed. L'v1'fl.eE Tj~ U: t ic'; I ? ~~jIE !JAIJ:L - ~i.i~r1E. ri foci z ir,~ re L, i.e-i pr-:~i ~ 3cLIcnz~ '':4 ~c::'; COD T a jtn"rar apparel L.n 1~.~2 c~t~ rerjlIak proauct,; a.Lars, airetal crtflkiciL'; p carn , narrels t..roleum anmd coal prod- j.'E ~fl3 r.jI:'LEF ,F MNjf AC I N ASTi' DIVE if-OR EL, bt *SEAJE OF FAftI'AIIION, BY .DJil'.X f CtDOP: ~Ma1Lc.ns .:-t" collar.) ..wit.ncut J.':- .? rJ. r Ititnout seasonal ,-.JuT 3,- E r. adjustment '' 2 i'2.., J:L.r 1 t r r.r.r. f--t. g J4a. jar. er.. r. 'r.ir. Frt,. ,Ta. ir .._ Feb. r. _________________________________.______c_______ _V __c__' 1__'-ir.1r '6 1964_ 1964_ __. Ictal Mat-.rialz Ond supplies AL' mi '',jir. ..iUu.r-rSL i.r.-1'r ..i- .CTHi. (',- 3,. a'.,'-. ?*,*, i cs* :; 6c..4.j 59, !P .., 4 k :-',l 7 27C',4C7 20,54 0 20,626 20,'05 I: --:..j i.-.. T:Is ............ J., -_., '- -,-, '-,'. 56,1i 9' 7,0 i T 6 :, L ,695 10,719 10,465 t:r- CI.- ES") -i .: Fr.:.'JucT:.......... 1, ..:- i,:: 1,'?. 1, _, 1,,67 9 ,6 :'-. .96 1 .92 F':r..rm r I&--L.ctl :j;r.:.EA:t:., j -, -.,, C ,, ,,'i,. L. ...13 25 2, 2,170 2,155. PT:in.E:r t i- .fi = ... '.... ................ ... -.,. '- ..-, ,,:7 .*.--' -.1 -,'? 2,' ,2 2,_1 1 2,970 2,159 f" .r."r. ".. ..- i.-r-. = r..j r r ,i-: .r i al 11. ._ L..,.. 11,'-* JL: -,. U ,":7 11, .. :,'?76 ^.^^ 2,9W 2,99 2,982 2,960 TTr :=-t ..:,. -4 ..:r ,pL ....... ........ .''r. 7" ,'L :. -. 7. '1 7,4 7, -, '-" i,cr 1,..:' i.. ~ 1,962 1,95 1,905 .-,CI .:rn-r vir.tL.: ;>.:-]; s'r k. .ri ...... .. -Ji, i..- I, 2 -d.* =-,*- 7c, 9,1 'icC *, i8& 3,127 :*,iiL 3,1 '5 *,1.1 3,L12 2,90 *i.:rn ff.--;1g-I J.:-j ..-ij. Tr-.:, Ic iEu. .... .. :U ..: ,i*' ,i .. LL,... 4,'.iM ':,,^'. 9 'M'. '.'.cl ?,6^6 9,86, 9,907 10,0'i0 "*-"LI .' -Gc 9, a, i. 0. 5, ]..3B4 1.2 .t.:j.. -: -i) "I--- pr j,:'j.: ....... .... -. .-7 -.'. -, .6 .,i 7i 1, .6' ., 87 1,384 1,29 F'.rr-. i..2.. .,T h:-- pr:,u77..... ........ l, 7 7 31.,1 i,.. 1, i'-- l. .^c --e .~.ho 546 556 3j 0 11..,*i.-:1 u-s.r. p.13:T i.:: pr-:iau'Tr, r-...-.:.. .... .,. 3 i7 ,127 1,12= i" 1,1'6"- 1,14. :.ho "; if IL 5 7 5 556 il :.r.r,r r,:.r,.j.air.i. ;.>-:.]- a1-,,r r.r .... y,17 ,' i7, 77,' "- j-'._ 17.1c. is,, C4 -, ", -,DI7, 7,tk 7,76, 7,69 B,07 work a. pr'._:: Frjijr,.w] good .L. '- '--"T.ur_,- C2'..T 'rr :, T' 'a' ... i 3 "-, 1 it,-b'Y i, 4 ''-, -; i 7.IJL -1,?i,' *?- I1,2 16 1,452 21,457 20,121 "'--Il:l- .:.,>': ii.',.. r;.r : -_ ..... .......... h.~',- 1', i..'. ',,,'h* 1 I3 1 o 1L,41 10,2'+ 1"0,__, li0 'O6 10,513 10,450 10,011 ; -r.: ..' u -- .1 : F- :. i:...... .. --- *i'- -0 J-' & 9 8 ,=1 ) 90085 Tu7.u-., ,-ri ................. ... "1..; 1,-," -. 1,',s-' i,-t1 1,ii' 1,7'? i,78o 1,850 1,822 1,778 Iir.rEr l-.Tr..:I 1 >-2 ,..r.I:l.:.'r.r:.' : i.I.. .i -- .:^i --, =- i, -:j, 3 7 ')5 3 1 3,70'5 t172 5,735 5,492 l -.. r i-.:.. p-..- ................. 1 -, iT -: _-7 ,,- '-, ?0 o 950 862 I j -'i 'r. .r j x'-. i -r'.:.: ...:Tr. :.......... .=, -:..,- ,, ,, --6 ,. ,. 9"g g,,.i' -,, 5,072 .,058 .,I025 !:J.-].__-..i- ,3. ::.:T... -._ r _.-;, ;.T.l..... ...., r, -.- .... .. --', 7 ._,9. 3 ., l.,1':9 .1,0O 10,918 10,919 11,007 10 U O r..-.:.1. -- .. ,ct. ... .. ... -.r',. = '? 5.. -,8 1 1,'.T 1,9 0 1,977 2,08 2,0 7 1,88 F.-'r: I-.._,, ,.. .. -'. p:.'..: c....... ..... :- -- -:, 7' '.q.97 i,L .9I 1,'' 7 1,043 1,015 i,01U 1,0i8 ratio' and drums; |