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SATURDAY, JULY 16, 1988

MAY 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 IN MAY 1988 REMAINED AT ABOUT THE SAME LEVEL AS IN APRIL 1988, BUT SHOWED A DECREASE OF 3 PER CENT WHEN COMPARED WITH MAY 1987. ACCORDING TO THE RESULTS OF A SURVEY RELEASED TODAY (SATURDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

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ON EMPLOYMENT, THE MANUFACTURERS SURVEYED REPORTED THAT THE MAY 1988 LEVEL WAS 1 PER CENT ABOVE THAT IN APRIL 1988, BUT WAS BY 4 PER CENT WHEN COMPARED WITH MAY 1987.

LOWER

FIRMS

IN MAY 1988, PER CAPITA EARNINGS IN THE MANUFACTURING SURVEYED INCREASED, IN CURRENT PRICE TERMS, BY 1 PER CENT OVER APRIL 1988, AND BY 14 PER CENT WHEN COMPARED WITH MAY 1987.

COMPARING MAY 1988 WITH APRIL 1988, THE VOLUME OF ORDERS-ON-HAND INCREASED SLIGHTLY IN THE WEARING APPAREL AND FABRICATED METAL PRODUCTS INDUSTRIES, BUT DECREASED SIGNIFICANTLY IN THE TEXTILES AND PLASTIC PRODUCTS INDUSTRIES.

QUITE

MAY 1988

COMPARED WITH MAY 1987, THE ORDERS POSITION IN DROPPED SIGNIFICANTLY IN THE TEXTILES INDUSTRY AND MODERATELY IN THE WEARING APPAREL AND PLASTIC PRODUCTS INDUSTRIES, BUT INCREASED SLIGHTLY IN THE FABRICATED METAL PRODUCTS INDUSTRY.

THE ORDERS POSITION IN THE ELECTRICAL AND ELECTRONIC INDUSTRY SHOWED LITTLE CHANGE OVER THE SAME PERIOD.

PRODUCTS

IN TERMS OF

THE AVERAGE VOLUME OF ORDERS-ON-HAND IS MEASURED THE NUMBER OF MONTHS AND REFERS TO ORDERS OUTSTANDING AS AT THE END OF THE REFERENCE MONTH.

EMPLOYMENT IN THE PLASTIC PRODUCTS, FABRICATED METAL PRODUCTS AND ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES INCREASED SLIGHTLY IN MAY 1988 OVER APRIL 1988, WHILE THAT IN THE WEARING APPAREL INDUSTRY DECREASED SLIGHTLY.

/COMPARING MAI ....

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