"c VAR 0805 02237 CNST MTR R 953-963 MD= 1E-37 " "c REF 0805 LOC 2167 WIDTH 9 DK 35 COL 35-43 " "c " "c " "c MANUFACTURERS' SHIPMENTS OF CONSTRUCTION MATERIALS, SUPPLIES " "c AND INTERMEDIATE PRODUCTS, ORIGINAL DATA " "c ------------------------------------------------------------ " "c " "c NBER SERIES: 02237 " "c AREA COVERED: UNITED STATES " "c UNITS: MILLION DOLLARS " "c ANNUAL COVERAGE: NONE " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: 1/1953 - 12/1963 " "c SEASONAL ADJUSTMENT: NONE " "c SOURCE: JANUARY 1953-JULY 1963:"MANUFACTURERS' SHIPMENTS, " "c INVENTORIES AND ORDERS: 1947-1963 REVISED", SERIES M3-1, " "c BUREAU OF THE CENSUS, 1963. AUGUST-DECEMBER 1963:"CURRENT " "c INDUSTRIAL REPORTS, MANUFACTURERS' SHIPMENTS, INVENTORIES " "c AND ORDERS", SERIES M3-1, MONTHLY ISSUES, OCTOBER 1963 TO " "c JANUARY 1964. " "c SEE LIPSEY AND PRESTON, P. 282 " "c " "c NOTES: THESE TWO SERIES WERE INITIATED BY THE BUREAU OF THE " "c CENSUS IN 1963, IN CONNECTION WITH A MAJOR REVISION OF THE " "c FORMER MONTHLY"INDUSTRY SURVEY" OF THE OFFICE OF BUSINESS " "c ECONOMICS. DATA ON SIX MARKET CATEGORIES, WHICH CUT ACROSS " "c MAJOR INDUSTRY GROUPINGS WERE INTRODUCED IN THE NEW SERIES. " "c THE MARKET CATEGORY"CONSTRUCTION MATERIALS, SUPPLIES, " "c AND INTERMEDIATE PRODUCTS" INCLUDES LUMBER AND WOOD " "c PRODUCTS, EXCLUDING WOODEN CONTAINERS; BUILDING PAPER; " "c PAINTS AND RELATED PRODUCTS; PAVING AND ROOFING MATERIALS; " "c ALL STONE, CLAY, AND GLASS PRODUCTS, EXCLUDING GLASS " "c CONTAINERS AND KITCHEN ARTICLES; AND FABRICATED METAL " "c BUILDING MATERIALS AND WIRE PRODUCTS. " "c DATA ARE COLLECTED FROM A SAMPLE PANEL OF MANUFACTURING " "c COMPANIES. THEY ARE REPORTED SEPARATELY FOR UNITS WITHIN A " "c COMPANY WHICH ARE REASONABLY HOMOGENEOUS AS TO TYPE OF " "c ACTIVITY. THESE UNITS MAY BE SUBSIDIARIES, DIVISIONS, " "c DEPARTMENTS, OR PLANTS, DEPENDING UPON THE STRUCTURE AND " "c ACTIVITIES OF THE PARTICULAR FIRM. " "c MONTHLY SHIPMENT ESTIMATES ARE BASED ON THE SAMPLE, AND " "c DATA FROM THE"ANNUAL SURVEY OF MANUFACTURES" ARE USED AS " "c ANNUAL BENCHMARKS. THE LATTER ARE ESTABLISHMENT-BASED DATA, " "c IN CONTRAST TO THE COMPANY-BASED DATA FROM"STATISTICS OF " "c INCOME" WHICH WERE USED AS BENCHMARKS IN THE FORMER " "c "INDUSTRY SURVEY". AS AN INTERIM PROCEDURE, PENDING FURTHER " "c STUDY OF THE PROPER LEVEL FOR AUGUST 1962 WAS ESTABLISHED BY " "c RELATING THE RATIO OF UNFILLED ORDERS TO SHIPMENTS (FROM THE " "c SAMPLE) TO THE AUGUST 1962 SHIPMENTS ESTIMATES FOR EACH " "c DETAILED CATEGORY. THE ESTIMATES FOR NEW ORDERS ARE NET OF " "c CANCELLATIONS. THEY ARE DERIVED BY ADDING THE CHANGE IN " "c UNFILLED ORDERS BETWEEN THE CURRENT AND PREVIOUS MONTH TO " "c THE SHIPMENTS ESTIMATE. TABULATION OF THE SERIES ON THE NEW " "c BENCHMARK BASIS WAS BEGUN WITH JANUARY 1960 DATA. " "c APPROXIMATELY COMPARABLE MONTHLY DATA WERE DEVELOPED FOR " "c 1953-1959. " "c SEASONAL ADJUSTMENT IS BY THE SOURCE. DATA SHOWN WITHOUT " "c SEASONAL ADJUSTMENT HAVE BEEN ADJUSTED FOR TRADING-DAY AND " "c CALENDAR-MONTH VARIATION. " "c THE SOURCE INCLUDES A DETAILED DESCRIPTION OF THE SERIES " "c AND A COMPARISON OF THE SHIPMENT DATA WITH THE FEDERAL " "c RESERVE BOARD INDEXES OF INDUSTRIAL PRODUCTION. " "c " "c ORIGINALS MISSING; NOT PROOFREAD. " "c "