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Main industries > Textile products mills > Textile furnishings millsIndustry definition Industry definitionThis industry comprises establishments primarily engaged in manufacturing carpets and rugs, and curtains and linens. (NAICS: 3141) 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 sums 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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