7
THURSDAY, MAY 19, 1988
MARCH ORDERS-ON-HAND, EMPLOYMENT AND PAYROLL FIGURES RELEASED
*
THE AVERAGE VOLUME OF ORDERS-ON-HAND REPORTED BY THE 200 LARGEST FIRMS IN THE MANUFACTURING SECTOR REMAINED AT ABOUT THE SAME LEVEL IN MARCH THIS YEAR AS IN THE PREVIOUS MONTH, BUT SHOWED A DECREASE OF 4 PER CENT WHEN COMPARED WITH MARCH 1987, ACCORDING ΤΟ THE RESULTS OF A SURVEY RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
ON EMPLOYMENT, THE MANUFACTURERS SURVEYED REPORTED THAT THE MARCH 1988 LEVEL, WAS ABOUT THE SAME AS IN FEBRUARY 1988, BUT WAS LOWER BY ABOUT 3 PER CENT WHEN COMPARED WITH MARCH 1987.
SECTOR
IN MARCH 1988, PER CAPITA EARNINGS IN THE MANUFACTURING SHOWED A SIGNIFICANT INCREASE, BY ABOUT 14 PER CENT IN MONEY TERMS, WHEN COMPARED WITH MARCH 1987.
AN INCREASE OF ABOUT 10 PER CENT WAS RECORDED WHEN PER CAPITA EARNINGS FOR THE FIRST QUARTER OF 1988 AS A WHOLE WERE COMPARED WITH THOSE IN THE SAME QUARTER IN 1987.
HOWEVER, A SIGNIFICANT DECREASE IN PER CAPITA EARNINGS WAS RECORDED BETWEEN FEBRUARY AND MARCH 1988, MAINLY DUE TO THE AWARD OF ANNUAL BONUSES AND DOUBLE-PAY BY SOME MANUFACTURING FIRMS IN FEBRUARY 1988.
1988
WITH
COMPARING MARCH
FEBRUARY 1988, THE VOLUME OF ORDERS-ON-HAND DECREASED IN THE WEARING APPAREL AND TEXTILES INDUSTRIES, BUT INCREASED IN THE PLASTIC PRODUCTS AND FABRICATED METAL PRODUCTS INDUSTRIES.
COMPARED WITH MARCH 1987, THE ORDERS POSITION IN MARCH 1988 DROPPED IN MOST INDUSTRIES SURVEYED, PARTICULARLY IN THE PLASTIC PRODUCTS INDUSTRY.
THE AVERAGE VOLUME OF ORDERS-ON-HAND IS MEASURED THE NUMBER OF MONTHS AND REFERS TO ORDERS OUTSTANDING AS OF THE REFERENCE MONTH.
IN TERMS OF AT THE END
·
COMPARED WITH FEBRUARY 1988, EMPLOYMENT IN MARCH 1988 INCREASED SLIGHTLY IN THE WEARING APPAREL AND THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES. ON THE OTHER HAND, BOTH THE TEXTILES AND THE FABRICATED METAL PRODUCTS INDUSTRIES REPORTED SOME DECREASES IN EMPLOYMENT.
1987,
COMPARING MARCH 1988 WITH MARCH
RELATIVELY MORE SIGNIFICANT DECREASES IN EMPLOYMENT WERK RECORDED IN THE WEARING APPAREL, PLASTIC PRODUCTS AND TEXTILES INDUSTRIES. HOWEVER, A SLIGHT INCREASE IN EMPLOYMENT WAS RECORDED IN THE FOOD AND DRINKS INDUSTRY.
/MAINLY BECAUSE