TUESDAY, FEBRUARY 13, 1990
1
QUARTERLY BUSINESS SURVEY RESULTS RELEASED
FIRMS IN THE MANUFACTURING SECTOR, ON AVERAGE,
OF LEVEL
FOURTH BUSINESS IN THE THIRD QUARTER OF 1989, ACCORDING THE
BY THE CENSUS AND STATISTICS
SLIGHTLY LOWER COMPARED WITH RESULTS
(TUESDAY).
RELEASED
EXPERIENCED A OF
QUARTER
1989 TO THE SURVEY TODAY DEPARTMENT
A DECLINE IN BUSINESS IS EXPECTED FOR THE FIRST QUARTER OF 1990 COMPARED WITH THE FOURTH QUARTER OF 1989.
ARE,
HOWEVER, LIKELY
TO BE
AFFECTED
BY
COMPARISONS THESE SEASONAL FACTORS. THE FIRST QUARTER OF EACH YEAR IS USUALLY A SEASONAL
ARE
MORE THE THIRD AND FOURTH QUARTERS LOW PERIOD WHILE ACTIVE PERIODS AS FAR AS MANUFACTURING ACTIVITY IS CONCERNED.
NORMALLY
WITHIN THE MANUFACTURING SECTOR, FIRMS IN THE PRINTING, WEARING APPAREL AND WATCHES AND CLOCKS INDUSTRIES EXPERIENCED AN IN BUSINESS IN THE FOURTH QUARTER OF 1989 WHILE FIRMS IN THE TEXTILES, PLASTICS, ELECTRICAL MACHINERY AND APPLIANCES, FOOD, TOBACCO
PRODUCTS INDUSTRIES
AND
FABRICATED
DETERIORATION IN BUSINESS.
METAL
IMPROVEMENT
BEVERAGE AND EXPERIENCED
THE BUSINESS SITUATION IN RESPECT OF FIRMS IN THE INDUSTRY REMAINED LARGELY STABLE.
ELECTRONICS
1990,
IN REGARD TO BUSINESS PROSPECTS FOR THE FIRST QUARTER OF
AND WATCHES AND FIRMS IN THE TEXTILES, WEARING APPAREL, PLASTICS CLOCKS INDUSTRIES EXPECT A DETERIORATION IN BUSINESS, AND TO A LESSER
ALSO FIRMS EXTENT
IN THE FABRICATED METAL PRODUCTS, MACHINERY AND APPLIANCES AND ELECTRONICS INDUSTRIES. FOOD, BEVERAGE AND TOBACCO AND PRINTING INDUSTRIES, BUSINESS TO REMAIN STABLE.
ELECTRICAL FIRMS IN THE HOWEVER, EXPECT
IMPROVEMENT IN ANTICIPATE A MILD
FIRMS IN THE CONSTRUCTION SECTOR ACHIEVED AN BUSINESS IN THE FOURTH QUARTER OF 1989 AND THEY INCREASE IN BUSINESS IN THE FIRST QUARTER OF 1990.
FIRMS IN THE
AN
IN BUSINESS WAS EXPERIENCED BY IMPROVEMENT DISTRIBUTIVE AND CATERING TRADES SECTOR IN THE FOURTH QUARTER OF 1989, PARTICULARLY FOR HOTELS. THIS WAS PARTLY ATTRIBUTABLE FACTORS.
TO SEASONAL
1990,
REGARDING THE BUSINESS OUTLOOK FOR THE FIRST QUARTER OF
FURTHER INCREASE IN WHILE RESTAURANTS LOOK FORWARD TO ACHIEVING
EXPECTED BY BUSINESS IN THE FIRST QUARTER, A DECLINE IN BUSINESS IS HOTELS AND FIRMS IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES.
WHILE BANKS EXPERIENCED AN IN THE OTHER SERVICES SECTOR,
LAST
THEY YEAR, IMPROVEMENT
IN THE FOURTH QUARTER OF IN BUSINESS EXPECT A DECLINE IN BUSINESS IN THE FIRST QUARTER OF 1990.
/AS REGARDS