Table 7.--VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS AND SELECTED INDUSTRIES, END OF YEAR: 1951, 1950, AND 1947--Continued ANNUAL SURVEY OF MANUFACTURES: 1951 Table 7.--VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS AND SELECTED INDUSTRIES, END OF YEAR: 1951, 1950, AND 1947--Continued Table 7.--VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS AND SELECTED INDUSTRIES, END OF YEAR: 1951, 1950, AND 1947--Continued ANNUAL SURVEY OF MANUFACTURES: 1951 Table 7.--VALUE OF MANUFACTURERS' INVENTORIES FOR INDUSTRY GROUPS AND SELECTED INDUSTRIES, END OF YEAR: 1951, 1950, AND 1947--Continued swithheld because the estimate did not meet publication standards, either on the basis of the associated standard error of estimate or on the basis of consistency review. 1The estimates for the end of year 1950 are the tabulated "Beginning of Year" inventory figures reported in the 1951 Annual Survey. The survey sample design was revised for the 1951 Annual Survey; therefore, the data collected in the 1951 survey have been substituted for the published year-end 1950 estimates as shown in the volume "Annual Survey of Manufactures: 1949 and 1950." 2In the 1947 Census of Manufactures, smaller establishments submitting "short" form reports were not requested to include inventory data. The understatement of value of inventories resulting from this is negligible. For a measure of the degree of understatement see Chapter V of Volume I, "General Summary," Census of Manufactures, 1947. 3The percentage standard errors shown in this column indicate the differences that can be expected between the estimates and comparable complete canvass totals, because of sampling fluctuations. The estimates will differ from the complete totals by less than: (i) The percentage shown: approximately 2 times out of 3. (ii) Twice the percentage shown: approximately 19 times out of 20. (iii) Three times the percentage shown: almost always. Includes data for Shingle Mills (Industry 2423). "Includes data for Building-Paper and Building-Board Mills (Industry 2613). "The 1951 and 1950 data for Industries 3811 (Scientific Instruments), 3821 (Mechanical Measuring Instruments), 3831 (Optical Instruments) and 3861 (Photographic Equipment) are not strictly comparable with data shown for 1947. This is due to an error made in 1947 in the industry classification assigned to several establishments. The effect of this change is small for industries 3811, 3821, and 3861, but for industry 3831 it would represent an addition of approximately 50 percent to the total inventories estimate for 1947. "Includes privately owned and/or operated establishments classified in Industry Group 19, "Ordnance and accessories." operated establishments are excluded from the annual survey. Government owned and 1951 new CHAPTER V: EXPENDITURES FOR PLANT AND EQUIPMENT Table 1.--MANUFACTURERS' EXPENDITURES FOR NEW PLANT AND NEW EQUIPMENT, BY MAJOR INDUSTRY GROUPS: (DOLLAR FIGURES IN THOUSANDS. Estimates for "Establishments Under Construction" (Columns G, H, and I) cover expenditures during 1951 for manufacturing establishments, or renovation of idle establishments that were not in operation at any time in that year. under construction were obtained for the first time in the 1951 survey; statistics published in prior surveys and censuses do not include such expenditures.) Data for establishments 20 Food and kindred products..... ALL INDUSTRIES, TOTAL...... 7,781,731 |2,593,220 5,188,511 7,205,059|2,267,1244,937,935 2576,672 2326,096 2250,576 1 2 1 2 3 722,872 254,449 468,423 687,269 231,892 455,377 235,603 222,557 213,046 5 10 3 5 15 1 3 The percentage standard errors shown in this column indicate the differences that can be expected between the estimates and comparable complete canvass totals, because of sampling fluctuations. The estimates will differ from the complete totals by less than: ་ (1) The percentage shown: approximately 2 times out of 3. 2The estimates presented in columns G, H, and I include (1) the total expenditures reported by the "largest" companies (i.e., approximately 500 companies that are largest in terms of 1947 employment); (2) expenditures by other companies in the Annual Survey sample which appeared on available lists of companies which had new plants under construction; and (3) an estimate of expenditures by all other companies as determined from a subsample of respondents in the annual survey. The latter subsample yielded estimates of zero, except in four (4) major industry groups groups 20, 28, 32, and 36. These subsample estimates are included in the published figures shown for these groups, as well as in the "all industries" total. The sampling variation for the published totals that include the subsample estimates is as follows: Includes privately owned and/or operated establishments classified in Industry Group 19, "Ordnance and accessories". operated establishments are excluded from the Annual Survey. Government owned and 117 |