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Variable Name matcost
Label Total cost of materials in $1m
Codebook NBER-CES Manufacturing Industry Database (2009) [SIC]
Concept
Type numeric
Direct Link matcost

Summary Statistics

vald   23759
invd   109
min   7
max   648048.4
mean   2706.393
stdev   10763.527

Full Description

Cost of materials (millions of dollars). This includes the total delivered cost of raw materials, parts, and supplies put into production or used for repair and manteinance, along with purchased electric energy and fuels consumed for heat and power, and contract work done by others for the plant. This excludes the costs of services used, overhead costs, or expenditures related to plant expansion. Because MATCOST includes energy spending, to calculate spending on non-energy materials one must use (MATCOST-ENERGY).