Tickers: SHIP, SHIPG
What is it?
Shipments measure the dollar value of products sold by manufacturing establishments and are based on net selling values after discounts. Allowances, freight charges and excise taxes are excluded. the value is based on delivered price. Multi-industry companies report value information for each industry category as if it were a separate economic unit. Thus, products transferred from one plant to another are valued at their full economic value, measured in millions.
SHIPG- YoY Change for Shipments
Who is interested?
Economist, Analysts, CFOs, Managers
What does it tell me?
It tells you the value of products being shipped by manufacturers.