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Main industries > Computer and electronic product manufacturing > Computer and peripheral equipment manufacturingIndustry definition Industry definitionThis industry comprises establishments primarily engaged in manufacturing computers and computer peripheral equipment. Computers can be digital, analogue or hybrid. The most common type, digital, are devices that can do all of the following: (1) store the processing program or programs and the data immediately necessary for the execution of the program; (2) be freely programmed in accordance with the requirements of the user; (3) perform arithmetical computations specified by the user; and (4) execute, without human intervention, a processing program that requires the computer to modify its execution, by logical decision, during the processing run. Analogue computers are capable of simulating mathematical models and comprise, at least, analogue, control and programming elements. Peripherals are assemblies of components that are self-contained, but designed for use with computers. For purposes of classification, a peripheral must consist of more than a loaded circuit board. Peripheral equipment may be installed inside or outside the computer's housing. Important types of peripheral equipment are input-output devices, such as monitors, keyboards, mice and joysticks; storage devices, such as disk drives and CD-ROM readers; and printers. "Dumb" computer terminals, automated teller machines (ATM's), point-of-sale (POS) terminals and bar code scanners are treated as peripheral equipment. Computers and peripheral equipment may be sold complete or in kits to be assembled by the purchaser. (NAICS: 3341) 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). 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. An exception is PCG 6366 - electronic computing equipment, for which a special price index is calculated using U.S. import computer prices. 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 U.S. import computer price, |
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