TUESDAY, NOVEMBER 18, 1986
QUARTERLY BUSINESS SURVEY RESULTS RELEASED
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THE MAJORITY OF FIRMS IN THE MANUFACTURING SECTOR REPORTED AN IMPROVEMENT IN THE GENERAL BUSINESS SITUATION IN THE THIRD QUARTER AS COMPARED WITH THE SECOND QUARTER, ACCORDING TO THE SURVEY RESULTS RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
FOR THE SECTOR AS A WHOLE, IT IS EXPECTED THAT THE BUSINESS SITUATION IN THE FOURTH QUARTER WILL CONTINUE TO SHOW IMPROVEMENT, THOUGH THE PROSPECTS OF INDIVIDUAL INDUSTRIES VARY.
FIRMS IN THE CONSTRUCTION SECTOR REPORTED A CONTINUED UPTREND IN BUSINESS DURING THE THIRD QUARTER AND THE BUSINESS SITUATION IN THE NEXT QUARTER IS EXPECTED TO IMPROVE FURTHER.
THE MAJORITY OF FIRMS IN THE WHOLESALE, RETAIL AND IMPORT- EXPORT TRADES, RESTAURANTS AND HOTELS SECTOR INDICATED THAT THE GENERAL BUSINESS SITUATION HAD IMPROVED IN THE THIRD QUARTER AND EXPECT THE CONDITION IN THE FOURTH QUARTER TO BE EVEN MORE FAVOURABLE.
SIMILARLY, AN IMPROVEMENT IN THE BUSINESS SITUATION WAS GENERALLY REPORTED BY FIRMS IN THE TRANSPORT, STORAGE AND COMMUNICATION, BANKS AND REAL ESTATE DEVELOPMENT AND RELATED SERVICES TRADES. THEY ARE OPTIMISTIC ABOUT THE BUSINESS OUTLOOK FOR THE FOURTH QUARTER.
ABOUT 1 000 FIRMS FROM VARIOUS INDUSTRIES AND BUSINESSES. FORMING A CROSS-SECTION OF THE ECONOMIC COMMUNITY, PARTICIPATED IN THE SURVEY AND WERE ASKED ABOUT THEIR BUSINESS EXPERIENCES AND EXPECTATIONS.
WITHIN THE MANUFACTURING SECTOR, ALL INDUSTRIES, IN PARTICULAR THE FOOD, BEVERAGE AND TOBACCO+, +PLASTICS+, +FABRICATED METAL PRODUCTS+ +ELECTRICAL MACHINERY, APPLIANCES AND SUPPLIES+ AND +ELECTRONICS+ INDUSTRIES,
REPORTED AN IMPROVED BUSINESS SITUATION IN THE THIRD QUARTER.
REGARDING THE BUSINESS OUTLOOK FOR THE FOURTH QUARTER, THE +WEARING APPAREL+ INDUSTRY ON THE WHOLE EXPECTS LITTLE CHANGE WHILE THE PLASTICS INDUSTRY EXPECTS SOME DETERIORATION. ALL OTHER INDUSTRIES LOOK FORWARD TO SOME IMPROVEMENT IN THE BUSINESS SITUATION IN THE FOURTH QUARTER.
THE MAJORITY OF THE RESPONDING FIRMS IN THE WHOLESALE RETAIL AND IMPORT-EXPORT TRADES+ AND +RESTAURANTS+ BUSINESSES REPORTED THAT THE GENERAL BUSINESS SITUATION IN THE THIRD QUARTER HAD IMPROVED. THE HOTELS BUSINESS, AS A WHOLE, HOWEVER EXPERIENCED LITTLE CHANGE DURING THE QUARTER. ALL THREE TRADES SHOW CONFIDENCE IN A BETTER BUSINESS SITUATION IN THE FOURTH QUARTER.
/WITH
WITH REGARD ................
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