Value of Manufacturers Shipments

 

Source: U.S. Bureau of the Census, 1992 and 1997 Economic Census.

http://www.census.gov/epcd/www/econ97.html

 

The Economic Census is the major economic statistical program of the United States.  It measures almost all economic activity in the U.S. from the nation to the local level.  These data include only establishments with paid employees.

 

Updated every 5 years.

 

Definition:

Value of Manufacturers Shipments-- The received or receivable net selling values of all products shipped, both primary and secondary, as well as all miscellaneous receipts, such as receipts for contract work performed for others, installation and repair, sales of scrap, and sales of products bought and sold without further processing. Included are all items made by or for the establishments from material owned by it, whether sold, transferred to other plants of the same company, or shipped on consignment. The net selling value of products made in one plant on a contract basis from materials owned by another was reported by the plant providing the materials.

 

The manufacturing sector comprises establishments engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products. The 1997 Economic Census classified businesses according to the North American Industry Classification System (NAICS), 1997.  The 1992 Economic Census classified businesses according to the Standard Industrial Classification (SIC) .

 

NAICS replaced the Standard Industrial Classification (SIC), which had been in use since the 1930s. More information on the NAICS classification system can be found at:

http://www.census.gov/epcd/www/naics.html

 

More information:

·        about the Economic Census

·        about relationships between County Business Patterns and Economic Census data

·        about Nonemployer Statistics, covering businesses not included in the Economic Census