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Main industries > Chemical manufacturing > Other chemical product manufacturingIndustry definition Industry definitionThis industry comprises establishments, not classified to any other industry, primarily engaged in manufacturing chemical products. (NAICS: 3259) Output, supply, demand
Monthly projectorChanges in constant price output are used as indicators of the growth rates in constant price value added. The movement in constant price output is assumed to be represented by the month-to-month growth rates in constant price shipments adjusted by the change in constant price inventories of goods in process (GIP) and finished products (FP). Constant price output of this industry is derived by separately calculating and summing constant price outputs at the following level of industry detail:
DataCurrent price shipments, inventory of goods in process and inventory of finished products, measured in thousands of dollars. Source DeflationDeflators for shipments are weighted averages of price indexes of Principal Commodity Groups (PCG) that are produced by the industry. Weights are PCG values, obtained from annual input-output tables. The following PCGs account for the largest weights:
Deflators of closing inventories of GIP and FP are moving averages of the deflator for shipments. Deflators of opening inventories are equal to deflators of closing inventories in the previous month. Source NotesThe input–output commodity classification includes seven fictive commodities, each corresponding to a fictive industry. Fictive commodities and fictive industries are a technique for routing groups of related commodities as inputs into industries when the precise commodity content is unknown. Some inputs are reported in catch-all categories, which include many input–output commodities. These commodities are shown in detail as inputs into a corresponding fictive industry. The related fictive industry is shown as purchasing the related assortment of commodities and then selling the package to the purchasing industry. Operating supplies is one of the seven fictive industries. For more detail see The Input–Output Structure of the Canadian Economy, 1961-1981, Catalogue no. 15-510, Statistics Canada. |
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