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United States yearbook - 1982 (1)

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S e c t i o n 2 9<br />

Manufactures<br />

This section presents summary data for manufacturing as a whole and more detailed information<br />

for major industry groups and selected specific products. The types of measures shown at the different<br />

levels include data for establishments; employment and wages; raw materials, fuels, and<br />

electricity consumed; plant and equipment expenditures; value and quantity of production and shipments;<br />

value added by manufacture; inventories; and various indicators of financial status.<br />

The principal sources of these data are Bureau of the Census reports of the censuses of manufactures<br />

conducted every five years; the Annual Survey o f M anufactures; and the C urrent In d u s tria l<br />

R eports series, which presents monthly, quarterly, or annual data on production, shipments, and<br />

stocks for particular commodities. Indexes of industrial production are presented monthly in the<br />

Federal Reserve Board's Federal Reserve Bulletin. Reports on current activities of Industries, or<br />

current movements of individual commodities, are compiled by such government agencies as the<br />

Bureau of Labor Statistics; the Economics and Statistics Service of the Department of Agriculture;<br />

the International Trade Administration; and by private research or trade associations such as The<br />

Conference Board, Inc., New York, and the American Iron and Steel Institute, Washington, D.C.<br />

Data on financial aspects of manufacturing industries are collected by the Bureau of Economic<br />

Analysis (BEA) and the Federal Trade Commission (FTC). Industry aggregates in the form of balance<br />

sheets, profit and loss statements, analyses of sales and expenses, lists of subsidiaries, and<br />

types and amounts of security issues are published for leading manufacturing corporations registered<br />

with the SEC. The BEA issues data on capital in manufacturing industries and capacity utilization<br />

rates in manufacturing. The FTC has made several comprehensive studies of individual industries.<br />

See also Section 1B, Business Enterprise in this edition.<br />

Censuses and annual surveys.—The first census of manufactures covered the year 1809. Between<br />

1809 and 1963, a census was conducted at periodic intervals. Since 1967 it has been taken<br />

every 5 years (for years ending in “ 2” and "7” ). Census data, either direct reports or estimates<br />

from administrative records, are obtained for every manufacturing plant with one employee or more.<br />

The Annual Survey of Manufactures, conducted for the first time in 1949, collects data for the<br />

years between censuses for the more general measures of manufacturing activity covered in detail<br />

by the censuses. The annual survey data are estimates derived from a scientifically selected<br />

sample of establishments. The most recent, 1980, annual survey is based on a sample of about<br />

56,000 establishments of an approximate total of 350,000. It comprises all large plants, which account<br />

for approximately two-thirds of total U.S. manufacturing employment, and a representative<br />

selection of the more numerous small plants. Government-owned and -operated establishments are<br />

excluded.<br />

The basic statistical measures of manufacturing activity, such as employment, payrolls, value<br />

added, etc., are defined in essentially the same way for both the annual surveys and the census of<br />

manufactures. However, the bases for computing average employment vary for different years. For<br />

example, beginning with 1949, average employment was calculated from the figures reported for<br />

the pay periods ending nearest the 15th of March, May, August, and November, whereas for 1947<br />

such averages were based on 12 monthly employment figures. In 1967, the average employment<br />

calculation was revised to the pay periods which include the 12th of March, May, August, and November<br />

to provide data more comparable with other statistical series.<br />

Establishments and classification.—The censuses of manufactures for 1947 through 1977<br />

cover operating manufacturing establishments as defined in the S tandard In d ustria l C lassification<br />

M anual (SIC), Issued by the U.S. Office of Management and Budget (see text, p. 372). The M anual<br />

is also used for classifying establishments in the annual surveys. The comparability of manufactures<br />

data over time is affected by changes in the official definitions of industries as presented in the<br />

M anual. It is important to note therefore that the 1972 edition of the M anual was used for the 1972<br />

and 1977 censuses while the 1967 M anual was used for the 1967 census. For the censuses from<br />

1947 to 1963, reports were required from all establishments employing one or more persons at any<br />

time during the census year. For the 1967 and 1972 censuses, reports were required only from<br />

establishments with 10 or more employees and establishments operated by multi-establishment<br />

companies. Data for single unit companies with less than 10 employees were estimated on the<br />

I<br />

765

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