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THURSDAY, JUNE 12, 1986
THEY SPENT $161 MILLION ON COMPENSATION OF EMPLOYEES (-4 PER CENT) AND $548 MILLION ON OPERATING EXPENSES (+3 PER CENT). THE VALUE ADDED OF THIS SECTOR, REPRESENTING ITS CONTRIBUTION TO THE GROSS DOMESTIC PRODUCT, GREW BY 2 PER CENT TO $455 MILLION IN 1984.
IN THE COMMUNICATIONS SECTOR WHICH INCLUDES TELEPHONE TELEGRAPH, COURIER, RADIO-PAGING AND OTHER TELE-COMMUNICATION COMPANIES, THERE WERE 132 ESTABLISHMENTS IN OPERATION IN 1984, AN INCREASE OF 21 PER CENT OVER 1983. HOWEVER, THE TOTAL NUMBER OF PERSONS ENGAGED DECREASED SLIGHTLY BY 1 PER CENT TO 19 355.
COMPENSATION OF EMPLOYEES AMOUNTED TO $1 399 MILLION AND OPERATING EXPENSES TO $2 552 MILLION, REPRESENTING INCREASES OF 10 PER CENT AND 23 PER CENT RESPECTIVELY OVER 1983.
BUSINESS RECEIPTS AND OTHER INCOME INCREASED BY 19 PER CENT TO $6 226 MILLION, WHILE THE CONTRIBUTION OF THIS SECTOR TO THE GROSS DOMESTIC PRODUCT IN TERMS OF VALUE ADDED INCREASED BY 14 PER CENT TO $3 479 MILLION.
IN THE FINANCING SECTOR, 2 036 ESTABLISHMENTS WERE IN OPERATION DURING 1984, A DECREASE OF 4 PER CENT COMPARED WITH 1983. THIS SECTOR COMPRISES BILL DISCOUNTING COMPANIES, CREDIT INSTITUTIONS, FINANCE, LEASING, LOAN AND MORTGAGE COMPANIES, PAWNSHOPS, INVESTMENT AND HOLDING COMPANIES, SECURITY, COMMODITY FUTURES AND GOLD BULLION BROKERS AND DEALERS, MONEY CHANGERS AND FOREIGN EXCHANGE BROKERS AND DEALERS: BUT IT EXCLUDES BANKS AND DEPOSIT-TAKING COMPANIES WHICH ARE COVERED UNDER A SEPARATE SURVEY.
THE SECTOR'S TOTAL NUMBER OF PERSONS ENGAGED DECREASED BY 3 PER CENT TO 18 067.
ON THE OTHER HAND, $1 663 MILLION WAS SPENT ON COMPENSATION OF EMPLOYEES AND $6 222 MILLION ON OPERATING EXPENSES, BOTH REPRESENTING AN INCREASE OF 22 PER CENT OVER 1983. THE TOTAL BUSINESS RECEIPTS AND OTHER INCOME GREW BY 21 PER CENT TO $16 956 MILLION, WHILE THIS SECTOR'S VALUE ADDED INCREASED BY 39 PER CENT TO $3 144 MILLION.
IN THE BUSINESS SERVICES SECTOR, THERE WERE 4 405 ESTABLISHMENTS IN OPERATION IN 1984, AN INCREASE OF 14 PER CENT OVER 1983. THESE ESTABLISHMENTS, INCLUDING LEGAL, ACCOUNTING, AUDITING AND DATA PROCESSING FIRMS COMPANIES ENGAGING IN BUSINESS MANAGEMENT AND CONSULTING, ADVERTISING, DESIGNING, SECRETARIAL AND EMPLOYMENT SERVICES: TECHNICAL SERVICES AND MACHINERY AND EQUIPMENT RENTAL COMPANIES EMPLOYED A WORKFORCE OF 45 891 PERSONS, AN INCREASE OF 13 PER CENT OVER 1983.
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