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TUESDAY, AUGUST 18, 1987
QUARTERLY BUSINESS SURVEY RESULTS RELEASED
REPORTED
BY FIRMS IN THE OF 1987 AS RELEASED
THE GENERAL BUSINESS SITUATION AS MANUFACTURING SECTOR HAS IMPROVED IN THE SECOND QUARTER COMPARED WITH THE FIRST QUARTER, ACCORDING TO SURVEY RESULTS TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
FIRMS ARE GENERALLY OPTIMISTIC ABOUT BUSINESS PROSPECTS FOR THE THIRD QUARTER OF 1987.
AS FOR THE CONSTRUCTION SECTOR, A CONTINUED UPTREND BUSINESS IN THE SECOND QUARTER WAS REPORTED BY CONSTRUCTION FIRMS FURTHER IMPROVEMENT IS EXPECTED FOR THE THIRD QUARTER.
IN
AND
IN THE SECOND QUARTER, FIRMS IN THE 'WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS' SECTOR GENERALLY EXPERIENCED AN IMPROVED BUSINESS SITUATION. THIS UPTREND IN BUSINESS IS EXPECTED TO CONTINUE INTO THE THIRD QUARTER.
FIRMS IN THE 'BANKS 'REAL ESTATE DEVELOPMENT AND RELATED SERVICES' AND 'TRANSPORT, STORAGE AND COMMUNICATION' BUSINESS ALSO EXPERIENCED FURTHER IMPROVEMENT IN BUSINESS IN THE SECOND QUARTER. ALL THREE CATEGORIES OF FIRMS ARE CONFIDENT OF ACHIEVING FURTHER ADVANCEMENT IN BUSINESS IN THE THIRD QUARTER.
ABOUT 1,000 FIRMS FROM VARIOUS INDUSTRIES AND BUSINESSES, FORMING A CROSS-SECTION OF THE ECONOMIC COMMUNITY, PARTICIPATED IN THE SURVEY
ASKED AND WERE
ABOUT THEIR BUSINESS
AND EXPERIENCES
EXPECTATIONS.
WITHIN THE MANUFACTURING SECTOR, ALL INDUSTRIES ACHIEVED
SECOND IMPROVEMENTS IN BUSINESS IN THE
QUARTER AND THE EXTENT OF IMPROVEMENT WAS REMARKABLE IN THE CASE OF THE 'PRINTING', 'PLASTICS',
'ELECTRICAL 'FABRICATED METAL PRODUCTS', SUPPLIES', AND WATCHES AND CLOCKS' INDUSTRIES.
↓
MACHINERY,
APPLIANCES
AND
SITUATION AS REGARDS EXPECTATIONS FOR THE GENERAL BUSINESS
IN THE THIRD QUARTER, WIDESPREAD OPTIMISM IS GENERALLY EXPRESSED BY FIRMS ACROSS ALL MANUFACTURING INDUSTRIES.
FIRMS IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES AND 'HOTELS' BUSINESSES ACHIEVED AN IMPROVEMENT IN BUSINESS PERFORMANCE IN THE SECOND QUARTER WHEREAS THE RESTAURANTS EXPERIENCED A SEASONAL DECLINE IN BUSINESS.
SEASONAL IT IS EXPECTED THAT A
UPTURN IN BUSINESS WILL BE EXPERIENCED BY THE RESTAURANTS IN THE THIRD QUARTER.
IN CONTRAST, THE HOTELS BUSINESS IS EXPECTED TO EXPERIENCE SEASONAL DECLINE IN BUSINESS IN THE THIRD QUARTER.
A
/AS FOR