Cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed ($1,000)

{
  "id": "MLC-T-ECS-000420",
  "term": "Cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed ($1,000)",
  "field": "Economic statistics",
  "definition": "This term refers to the total costs for materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed. It includes freight charges and other direct charges incurred by the establishment in acquiring these supplies and/or materials used throughout the year.\n\nFor the Construction Sector, this is construction's job-site, general office, and all other material, part, and supply costs relating to the construction and other business activities of the establishment.\n\nSector-Specific Information\n\nConstruction Sector\n\nIncludes cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed, cost of construction work subcontracted out to others, cost of purchased land, total cost of selected power, fuels, and lubricants, cost of gasoline and diesel fuel, cost of natural gas and manufactured gas, cost of on-highway use of gasoline and diesel fuel, cost of off-highway use of gasoline and diesel fuel, cost of all other fuels and lubricants, and cost of purchased electricity.\n\nTotal selected costs are comprised of ten cost types that were collected for the Construction industries:\n\n• Cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed ($1,000)\n\n• Cost of construction work subcontracted out to others ($1,000)\n\n• Cost of purchased land ($1,000)\n\n• Total cost of selected power, fuels, and lubricants ($1,000)\n\n• Cost of gasoline and diesel fuel ($1,000)\n\n• Cost of natural gas and manufactured gas ($1,000)\n\n• Cost of on-highway use of gasoline and diesel fuel ($1,000)\n\n• Cost of off-highway use of gasoline and diesel fuel ($1,000)\n\n• Cost of all other fuels and lubricants ($1,000)\n\n• Cost of purchased electricity ($1,000)\n\nData are shown in thousands of dollars ($1,000).\n\nThese types of costs are defined as:\n\n• Cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed-equipment purchased by an establishment that was installed in a building as an integral part of its structure, such as elevators, heating and air conditioning equipment, etc. Costs after discounts for the materials, parts, and supplies that were purchased by the establishment or obtained from other establishments of the firm.\n\n• Cost of construction work subcontracted out to others - Includes all costs for construction work subcontracted out to other construction contractors during the year. Excludes costs from establishments for its purchases of materials, components, and supplies provided to a subcontractor for use.\n\n• Cost of purchased land - Purchased cost of land or value of raw land for reported construction projects during the covered time.\n\n• Total cost of selected power, fuels, and lubricants - Includes costs for fuels including gasoline, diesel fuel and lubricants, and electric energy purchased during the year from other firms or received from other establishments of the firm. Also included are costs for natural gas, manufactured gas, fuel oil, and coal and coke products.\n\n• Cost of gasoline and diesel fuel - This is the cost of gasoline and diesel fuel purchased during the year from other firms or received from other establishments of the firm. This cost in broken down into two different uses of gasoline and diesel fuel costs, They are:\n\n• Cost of on-highway use of gasoline and diesel fuel - On-highway use of gasoline and diesel fuel. This is the cost of gasoline and diesel fuel purchased during the year to fuel highway vehicles. A highway vehicle is any self-propelled vehicle designed to carry a load over public highways, whether or not the vehicle was also designed to perform other functions. Examples of vehicles designed to carry a load over public highways are passenger automobiles, trucks, and truck tractors. If a vehicle can be used for a combination of on-highway and off-highway uses and has one fuel tank, the fuel use is not considered off-highway. An example of this is a concrete-mixer truck where the truck engine operates both the engine and the mixing unit by a power take-off and is fueled by a single tank. None of the fuel used in this vehicle is off-highway because of the on-highway use. If the vehicle has separate fuel tanks and engines, the fuel used in a tank used for non-highway use may be considered off-highway use.\n\n• Cost of off-highway use of gasoline and diesel fuel - Off-highway use of gasoline and diesel fuel. This is the cost of gasoline and diesel fuel purchased during the reporting year for off-highway use. Off-highway fuel use is the use of fuel for trade, business, or income producing activity. In most cases, off-highway fuel use does not include use in a highway vehicle registered or required to be registered for use on public highways.\n\n• Cost of natural gas and manufactured gas - This is the cost of natural gas and manufactured gas purchased during the year from other firm or received from other establishments of the firm.\n\n• Cost of all other fuels and lubricants - This is the cost of fuels and lubricants purchased during the year from other firms or received from other establishments of the firm that are not included as costs in any of these categories: natural gas; manufactured gas; gasoline; and diesel fuel.\n\n• Cost of purchased electricity - This is the cost of electric energy purchased the year from other firms or received from other establishments of the firm.\n\nManufacturing and Mining Sectors\n\nIncludes the cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed; cost of resales; cost of purchased fuels consumed; cost of purchased electricity; and the cost of contract work.\n\nTotal costs of supplies and/or materials are comprised of five cost types that were collected for the Manufacturing and Mining industries:\n\n• Cost of materials, components, packaging and/or supplies used, mineral received, or purchased machinery installed ($1,000)\n\n• Cost of resales ($1,000)\n\n• Cost of purchased fuels consumed ($1,000)\n\n• Cost of purchased electricity ($1,000)\n\n• Cost of contract work ($1,000)\n\nFor Manufacturing Sector, the five types of costs are defined as:\n\n• Cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed - Materials, packaging, parts, components, containers, etc. It includes the cost of materials or fuel consumed, whether purchased by the individual establishment from other firms, transferred to it from other establishments of the same firm, or withdrawn from inventory during the year. Establishments producing items subsequently consumed in further production, reported their cost of original materials consumed. Including all raw materials, semi-finished goods, parts, containers, scrap, and supplies put into production or used as operating supplies and for repair and maintenance during the year. Excludes materials, supplies, machinery, and equipment chargeable to fixed asset accounts and used in the construction of new structures or additions to establishments, or new machinery and equipment.\n\n• Cost of resales - Cost of products bought and sold in the same condition.\n\n• Cost of purchased fuels consumed - Includes the cost of fuels consumed, whether purchased by the individual establishment from other firms, transferred to it from other establishments of the same firm, or withdrawn from inventory during the year.\n\n• Cost of purchased electricity - Cost of purchased electric energy represents the amount actually used during the year for heat and power. In addition, information was collected on the quantity of electric energy generated by the establishment and the quantity of electric energy sold or transferred to other plants of the same firm.\n\n• Cost of contract work - Cost of work done by others on materials furnished by the manufacturing establishment. The actual fee a firm pays to another firm to perform a service.\n\nIn addition to the total cost of materials, which every establishment was required to report, information also was collected for most manufacturing industries on the consumption of major materials used in manufacturing. The inquiries were restricted to those materials that were important parts of the cost of production in a particular industry and for which cost information was available from manufacturers' records. The aggregate of the cost of materials figures for industry groups and for all manufacturing industries includes large amounts of duplication since the products of some industries are used as materials by others. This duplication results, in part, from the addition of related industries representing successive stages in the production of a finished manufactured product. Examples are the addition of flour mills to bakeries in the food group and the addition of pulp mills to paper mills in the paper and allied products group of industries.\n\nFor Mining Sector, the five types of costs are defined as:\n\n• Cost of materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed -Materials, parts, and supplies used; and minerals received for preparation. Cost of extraction/mining/quarrying-related materials purchased for other firms (contractors). Cost of materials purchased or received from other domestic reporting units of the firm. Excludes non-extraction/mining/quarrying-related expenses that were paid to other firms.\n\n• Cost of resales - Products bought and sold without further processing (products bought and resold in the same condition as when purchased). Excludes oil, gas or natural gas liquids.\n\n• Cost of purchased fuels consumed - Purchased fuels consumed for heat, power, or the generation of electricity. Total amount actually paid or payable for all purchased fuels consumed. Includes fuels or coal consumed at the domestic establishment, but produced at another domestic establishment. Fuel used to power on-site trucks, forklifts, or motor vehicles. Anthracite, lignite, bituminous, and subbituminous coal, coke, natural and manufactured gas, gasoline, wood, purchased steam, and all other fuels. Excludes gas purchased for gas lift, crude petroleum, natural gas, and coal produced at the domestic establishment and used for heat, power, or the generation of electricity.\n\n• Cost of purchased electricity - Purchased electricity actual amount paid or payable for electric energy purchased during 2017 from other firms or received from other domestic establishments of the reporting firm. Excludes the value of electricity generated and used at the domestic firm.\n\n• Cost of contract work - Work done for the firm by others on the firm's materials (work contracted to others).\n\nIn addition to the total cost materials, components, packaging and/or supplies used, minerals received, or purchased machinery installed which every establishment was required to report, information also was collected on the consumption of the major supplies used in mining. The inquiries were restricted to those supplies that were important parts of the cost of production, exploration, and development in a particular industry and for which cost information was available from the establishment's records. Except for the crude petroleum and natural gas and the support activities for mining industries, figures were also obtained on crude minerals mined at the establishment, received from other establishments of the firm or purchased from others, and received for preparation on a custom or toll basis.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/cost-of-materials-components-packaging-and-or-supplies-used-minerals-received-or/"
}