SATURDAY, JULY 20
MAY ORDERS-ON-HAND, EMPLOYMENT FIGURES RELEASED ******
THE AVERAGE VOLUME OF ORDERS-ON-HAND (IN TERMS OF MONTHS) IN THE 200 LARGEST FIRMS IN THE MANUFACTURING SECTOR DECLINED SLIP- IN MAY 1985 COMPARED WITH THE PREVIOUS MONTH, ACCORDING TO THE RESULTS OF A SURVEY RELEASED TODAY BY THE CENSUS AND STATISTIC DEPARTMENT.
THE PLASTIC PRODUCTS, FABRICATED METAL PRODUCTS AND ELEU AND ELECTRONIC PRODUCTS INDUSTRIES RECORDED SOME DECREASES. IN AVERAGE VOLUME OF ORDERS, WHEREAS THE WEARING APPAREL AND TEX INDUSTRIES REPORTED NO CHANGE.
EMPLOYMENT IN THE MANUFACTURING SECTOR AS A WHOLE REMA; STABLE. AMONG INDIVIDUAL INDUSTRIES, INCREASES IN EMPLOYMEN WERE REPORTED IN THE FOOD AND DRINKS PLASTIC PRODUCTS & 10- FABRICATED METAL PRODUCTS INDUSTRIES, BUT DECLINES WERE 5. IN THE TEXTILES AND ELECTRICAL AND ELECTRONIC PRODUCTS M
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MILD DECREASES IN BOTH PAYROLL AND PER CAPITA BARNING. . RECORDED FOR THE MANUFACTURING SECTOR AS A WHOLE, THE SIGNIFICANT DECREASE WAS REPORTED IN THE PLASTIC PRODUCTS INDUSTRY, WHICH WAS MAINLY DUE TO THE DISTRIBUTION OF SPECIAL BONUS AND SALARY REVISION BY A FEW FIRMS IN APRIL.
EMPLOYMENT IN THE CONSTRUCTION SECTOR INCREASED SLIGHTLY BUT REMAINED STABLE IN THE SERVICES SECTORS. BOTH PAYROLL AND PER CAPITA EARNINGS IN THE SERVICES SECTORS DECLINED IN MAY, THOSE IN HOTELS AND PUBLIC UTILITY COMPANIES SHOWED SHARPENED SALES MAINLY DUE TO THE PAYMENT OF BONUSES BY A FEW FIRMS IN APRIL.
THE PERCENTAGE CHANGES IN ORDERS-ON-HAND, EMPLOYMENT AND PER CAPITA EARNINGS FOR THE LAST THREE MONTHS ARE SHOWN IN THE TABLES BELOW.
THE SURVEY COVERED A PANEL OF THE 200 LARGEST MANUFACTURING COMPANIES AND THE 50 LARGEST COMPANIES IN THE CONSTRUCTION AND SELECTED SERVICES SECTORS CHOSEN BY REFERENCE TO THEIR EMPLOYMENT IN MARCH 1983.
AS THE SAMPLE WAS NOT DRAWN ON A RANDOM BASIS, THE DEPARTMENT CAUTIONED THAT RESULTS ON MAGNITUDE OF CHANGE MIGHT NOT REFLECT THE EXPERIENCE OF THE ECONOMY AS A WHOLE, ALTHOUGH THEY SHOULD GIVE A USEFUL INDICATION OF THE DIRECTION OF CHANGE FOR A QUICK ASSESSMENT OF DEVELOPMENTS IN THE ECONOMY IN THE SHORT TERM.
THE SURVEY REPORT FOR MAY 1985 IS NOW ON SALE AT THE GOVE: PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, AND THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, KA! TAK COMMERCIAL BUILDING, AT $1.50 PER COPY.
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