FRIDAY, MAY 12, 1989
1.
QUARTERLY BUSINESS SURVEY RESULTS RELEASED
FIRMS IN THE MANUFACTURING SECTOR EXPERIENCED A LOWER LEVEL OF BUSINESS IN THE FIRST QUARTER OF 1989 AS COMPARED WITH THE FOURTH QUARTER OF 1988. BUT THEY GENERALLY EXPECT THEIR BUSINESS TO IN THE SECOND QUARTER OF 1989. ACCORDING ΤΟ THE SURVEY RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
IMPROVE RESULTS
FACTORS.
THIS COMPARISON IS LIKELY TO BE AFFECTED BY SEASONAL THE FIRST QUARTER OF EACH YEAR IS USUALLY A SEASONAL LOW PER LOD COMPARED WITH OTHER QUARTERS AS FAR AS THE MANUFACTURING SECTOR IS CONCERNED.
WITHIN THE MANUFACTURING SECTOR, FIRMS IN ALL INDUSTRIES. PARTICULARLY FOR THOSE IN THE WEARING APPAREL AND TEXTILES INDUSTRIES, REPORTED A DECLINE IN BUSINESS IN THE FIRST QUARTER OF 1989 WHEN COMPARED WITH THE PRECEDING QUARTER.
AS REGARDS THE BUSINESS PROSPECTS FOR THE SECOND QUARTER OF 1989. FIRMS IN ALL MANUFACTURING INDUSTRIES SURVEYED, PARTICULARLY THOSE IN THE PLASTICS, ELECTRICAL MACHINERY AND APPLIANCES, AND ELECTRONICS INDUSTRIES, EXPECT AN IMPROVED BUSINESS OVER THE FIRST QUARTER.
IN.
FIRMS IN THE CONSTRUCTION SECTOR EXPERIENCED AN IMPROVEMENT BUSINESS IN THE FIRST QUARTER OF 1989. THE BUSINESS SITUATION IS EXPECTED TO BE FAVOURABLE IN THE SECOND QUARTER.
AS FOR THE DISTRIBUTIVE AND CATERING TRADES SECTOR, BUSINESS EXPERIENCES VARIED AMONG FIRMS IN DIFFERENT TRADES IN THE FIRST QUARTER OF 1989.
COMPARED WITH THE FOURTH QUARTER OF 1988. FIRMS IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES AND RESTAURANTS EXPERIENCED HIGHER LEVEL OF BUSINESS, WHILE THE HOTELS SURVEYED EXPERIENCED A SEASONAL DECLINE IN BUSINESS.
A
REGARDING THE BUSINESS PROSPECTS FOR THE SECOND QUARTER OF 1989. A SEASONAL UPTURN IN BUSINESS IS EXPECTED BY THE HOTELS, WHILE THE RESPONDING RESTAURANTS EXPECT A SEASONAL DECLINE IN BUSINESS.
ON THE OTHER HAND. FIRMS IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES EXPECT THE BUSINESS SITUATION TO BE FAVOURABLE IN THE SECOND QUARTER.
1
WITHIN THE SECTOR FOR "OTHER SERVICES" WHILE FIRMS IN THE TRADE CATEGORIES OF REAL ESTATE DEVELOPMENT AND RELATED SERVICES, BANKS, AND MISCELLANEOUS BUSINESS SERVICES EXPERIENCED AN IMPROVED BUSINESS IN THE FIRST QUARTER OF 1989 AND EXPECT THE BUSINESS SITUATION TO BE FAVOURABLE IN THE SECOND QUARTER, THOSE IN THE TRANSPORT, STORAGE AND COMMUNICATION SECTOR EXPERIENCED A LOWER LEVEL OF BUSINESS IN THE FIRST QUARTER AND EXPECT A REDUCTION IN BUSINESS IN THE SECOND QUARTER.
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