Main industries > Fabricated metal product manufacturing >

Machine shops, turned products, and screw, nut and bolt manufacturing

Industry definition
Output, supply, demand
Monthly projector
Data
Deflation
Notes

Industry definition

This industry comprises establishments primarily engaged in operating machine shops, which use machine tools, such as lathes and automatic screw machines, for turning, boring, threading or otherwise shaping metal, to manufacture parts, other than complete machines, for the trade. Shops that set up to do production runs of industrial fasteners, such as bolts, nuts and screws, are included. (NAICS: 3327)

Top of Page

Output, supply, demand

Standard symbols

Top of Page

Monthly projector

Changes 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).

Top of Page

Data

Current price shipments, inventory of goods in process and inventory of finished products, measured in thousands of dollars.

Source
Monthly Survey of Manufacturing,
Monthly, CANSIM table 304-0014,
Statistics Canada

Top of Page

Deflation

Deflators 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:
(the percentage represents the PCG's relative importance)

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
Industry Price Indexes,
Monthly, Catalogue no. 62-011,
Statistics Canada

Top of Page

Notes

The 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.