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TUESDAY, MAY 26, 1981
SUMMARY OF 1979 SURVEY OF TRADES, RESTAURANTS AND HOTELS
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THE CENSUS AND STATISTICS DEPARTMENT TO-DAY (TUESDAY) RELEASED SUMMARY RESULTS OF THE 1979 SURVEY OF WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS.
THIS SURVEY WAS CONDUCTED DURING THE PERIOD APRIL 1980 TO FEBRUARY 1981 TO COLLECT INFORMATION ON THE PERFORMANCE OF THE SECTOR IN 1979 AND TO ENABLE ANALYSIS OF THE CHANGES SINCE THE 1977 BENCHMARK CENSUS.
DATA COLLECTED IN THE FOLLOW-UP SURVEY INCLUDED TYPE OF OWNERSHIP NUMBER OF PERSONS ENGAGED- LABOUR COST OPERATING EXPENSES PURCHASES OF GOODS FOR SALE- STOCKS SALES AND OTHER RECEIPTS- AND CAPITAL EXPENDITURE. A SUMMARY OF THE SURVEY RESULTS TOGETHER WITH COMPARATIVE FIGURES FOR 1977 IS SHOWN IN THE ATTACHED TABLE.
THE SURVEY SHOWED A TOTAL OF 60 206 WHOLESALE, RETAIL AND IMPORT/EXPORT ESTABLISHMENTS, RESTAURANTS AND HOTELS WERE IN OPERATION DURING THE WHOLE OR PART OF 1979, WITH A WORKFORCE OF 412 094 PERSONS, REPRESENTING INCREASES OF 19 PER CENT AND 13 PER CENT RESPECTIVELY OVER 1977. THE CONCERNS GENERATED $181 606 MILLION IN SALES AND OTHER RECEIPTS, AND PAID OUT $8 013 MILLION IN LABOUR COST AND $13 657 MILLION IN OPERATING EXPENSES. THESE FIGURES, COMPARED WITH 1977, SHOWED INCREASES OF 67 PER CENT, 58 PER CENT AND 83 PER CENT RESPECTIVELY.
VALUE ADDED, COMPRISING LABOUR COST, INTEREST PAYMENTS AND OPERATING SURPLUS, GREW FROM $11 014 MILLION IN 1977 TO $19 762 MILLION IN 1979, AN INCREASE OF 79 PER CENT. THIS VALUE ADDED REPRESENTS THE SECTOR'S CONTRIBUTION TO THE GROSS DOMESTIC PRODUCT OF THE ECONOMY.
THE SURVEY ALSO REVEALED THAT IN 1979 OVER 56 PER CENT OF THE 60 206 ESTABLISHMENTS WERE IN RETAIL TRADE, ACCOUNTING FOR 31 PER CENT OF ALL PERSONS ENGAGED, 17 PER CENT OF TOTAL SALES AND OTHER RECEIPTS, AND 22 PER CENT OF TOTAL VALUE ADDED IN THE SECTOR.
THE IMPORT/EXPORT TRADE, REPRESENTING 23 PER CENT OF THE TOTAL NUMBER OF ESTABLISHMENTS, AND WITH 25 PER CENT OF THE WORKFORCE, RECORDED THE LARGEST SALES AND OTHER RECEIPTS, AT $118 044 MILLION OR 65 PER CENT OF THE TOTAL, AND CONTRIBUTED 51 PER CENT OF TOTAL VALUE ADDED IN THE SECTOR.
WHOLESALE TRADE ACCOUNTED FOR 13 PER CENT OF THE TOTAL NUMBER OF ESTABLISHMENTS, 11 PER CENT OF THE SECTOR'S WORKFORCE, 13 PER CENT OF TOTAL SALES AND OTHER RECEIPTS, AND 8 PER CENT OF TOTAL VALUE ADDED IN THE SECTOR.
RESTAURANTS AND HOTEL/BOARDING HOUSES REPRESENTED 7 PER CENT AND 1 PER CENT RESPECTIVELY OF THE TOTAL NUMBER OF ESTABLISHMENTS, AND 27 PER CENT AND 5 PER CENT RESPECTIVELY OF THE TOTAL WORKFORCE. RESTAURANTS REGISTERED 4 PER CENT OF TOTAL SALES AND OTHER RECEIPTS AND CONTRIBUTED 13 PER CENT OF TOTAL VALUE ADDED WHEREAS HOTELS/BOARDING HOUSES, ACCOUNTED FOR 1 PER CENT OF TOTAL SALES AND OTHER RECEIPTS, AND 5 PER CENT OF TOTAL VALUE ADDED.
/IN TERMS