Finances and Profits of Manufacturing Corporations statistics

[In billions of dollars (709 represents $709,000,000,000). Beginning 1987, data exclude estimates for corporations with less than $250,000 in assets at time of sample selection. Prior years include estimates for corporations in this size category. See table 900 for individual industry data. For information on methodology, see below table]



Item	1970	1975	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000


Net sales..............................................................	709	1,065	1,913	2,145	2,039	2,114	2,335	2,331	2,221	2,378	2,596	2,745	2,811	2,761	2,890	3,014	3,256	3,528	3,758	3,920	3,949	4,137
Net operating profit..............................................................	50	77	129	144	105	125	159	138	125	159	190	182	173	133	151	180	242	268	277	298	298	320
Net profit:
Before taxes..............................................................	48	80	146	158	108	133	166	137	129	173	216	189	160	100	33	118	244	274	307	331	315	356
After taxes..............................................................	29	49	93	101	71	86	108	88	83	116	155	136	112	68	23	83	175	198	225	245	234	261
Cash dividends..............................................................	15	20	36	40	41	42	45	46	46	50	57	65	62	60	63	67	70	81	96	108	121	102
Net income retained in business..............................................................	14	29	58	61	30	44	63	42	37	66	98	71	49	7	-40	16	105	117	129	136	114	158

Source: Through 1980, U.S. Federal Trade Commission; thereafter, U.S. Bureau of the Census, Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations, Series QFR.

http://www.census.gov/agfs/www/qfr.html

* QUARTERLY FINANCIAL REPORT

PURPOSE

To provide current statistics on the financial performance and conditions of domestic manufacturing, mining, and trade corporations. The United States Code, Title 13, requires this survey and provides for mandatory responses.

COVERAGE

Corporations that have a plurality of business activity in manufacturing industries and domestic assets over $250,000; and corporations with a plurality of business activity in the mining, retail, or wholesale trade industries and domestic assets over $50 million. These include almost 172,000 corporations with estimated assets of over $4.6 trillion.

CONTENT

Corporations provide standard income statement and balance sheet data consolidated for all majority-owned domestic enterprises (except banking, insurance, and finance). Information collected includes sales, depreciation, before- and after-tax income, retained earnings, cash, investments, receivables, inventories, fixed assets, short- and long-term debt, accounts payable, and stockholders' equity.

Large corporations report additional data that include separate reporting of nonoperating income and expenses, earnings from foreign and other nonconsolidated entities and investments, extraordinary gains and losses, trade receivables from the U.S. Government, investments in Federal and other securities, commercial paper issued, and treasury stock.

FREQUENCY

Quarterly since 1947, the program was transferred to the Census Bureau from the Federal Trade Commission in 1982. Data collection begins about 25 days after each quarter and continues for about 9 weeks; data are for 3 months of company activities. The survey panel is updated quarterly.

METHODS

Mail-out/mail-back surveys of some 3,700 large manufacturing, mining, and trade corporations using a long form, and of some 4,600 selected small- and medium-sized manufacturers using a short form; plus periodic reporting by corporations to determine and update business classification. The sample frame of firms is updated annually from Federal income tax records. Using the tax data, corporations are selected by stratified random sample, with strata by industry and asset size.

To determine initial and continuing eligibility, selected firms are asked to complete a Nature of Business Report form to classify their enterprises and determine their intercorporate relationships, if any. Data for manufacturing firms with assets between $250,000 and $250 million are estimated from a sample panel. Each quarter, one-eighth of the sample panel is replaced. Replacement firms report for 8 quarters.

*

http://www.allcountries.org/uscensus/1240_finances_and_profits_of_manufacturing_corporations.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.