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Value added by manufacture
A measure of manufacturing activity that is derived by subtracting the cost of materials (which covers materials, supplies, containers, fuel, purchased electricity, and contract work) from the value of shipments. This difference is then adjusted by the net change in finished goods and work-in-progress between the beginning- and end-of-year inventories. Author: Admin :: Hits: 0 :: Added: Thu Jun 14 2007 ::
