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Main industries > Fabricated metal product manufacturing > Coating, engraving, heat treating and allied activitiesIndustry definition Industry definitionThis industry comprises establishments primarily engaged in coating, engraving, heat treating and similarly processing metal. These activities often involve heating the metal, and the purpose is often to harden it. In general, the hardening of metal is included. Other activities of this industry include tempering, brazing, plating (including electroplating and re-chroming), polishing, sand-blasting and colouring metal and metal products. Establishments primarily engaged in plating with precious metal for the trade are included. (NAICS: 3328) 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. 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 |
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