MONDAY, MARCH 18, 1991
ORDERS-ON-HAND, EMPLOYMENT AND PER CAPITA EARNINGS FIGURES FOR JANUARY RELEASED
IN JANUARY 1991, THE AVERAGE VOLUME OF ORDERS-ON-HAND REPORTED BY THE 200
LARGEST MANUFACTURING COMPANIES INCREASED BY 1X WHEN COMPARED WITH DECEMBER 1990, BUT IT SHOWED LITTLE CHANGE WHEN COMPARED WITH JANUARY 1990, ACCORDING TO THE RESULTS OF A SURVEY RELEASED TODAY
(MONDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
COMPARED WITH DECEMBER 1990, THE AVERAGE VOLUME OF ORDERS-ON- HAND IN JANUARY 1991 INCREASED SIGNIFICANTLY IN THE PLASTIC PRODUCTS INDUSTRY AND то A LESSER EXTENT IN THE TEXTILES INDUSTRY. THESE INCREASES WERE MAINLY ATTRIBUTABLE TO SEASONAL EFFECTS.
OVER THE SAME PERIOD, ORDERS INCREASED SLIGHTLY IN THE FABRICATED METAL PRODUCTS AND WEARING APPAREL INDUSTRIES, BUT SHOWED LITTLE CHANGE IN THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRY.
COMPARED WITH JANUARY 1990, THE ORDERS POSITION IN JANUARY 1991 DROPPED SIGNIFICANTLY IN THE PLASTIC PRODUCTS AND TEXTILES INDUSTRIES, AND SLIGHTLY IN THE FABRICATED METAL PRODUCTS INDUSTRY.
ON THE OTHER HAND, ORDERS IN THE ELECTRICAL AND ELECTRONIC PRODUCTS AND THE WEARING APPAREL INDUSTRIES INCREASED SLIGHTLY OVER THE SAME PERIOD.
THE AVERAGE VOLUME OF ORDERS-ON-HAND IS MEASURED IN TERMS OF THE NUMBER OF MONTHS AND REFERS TO ORDERS OUTSTANDING AS AT THE END OF THE REFERENCE MONTH.
ON
EMPLOYMENT, THE MANUFACTURERS SURVEYED REPORTED THAT THEIR TOTAL WORKFORCE IN JANUARY 1991 DECREASED BY 1% WHEN COMPARED DECEMBER 1990, AND BY 10% WHEN COMPARED WITH JANUARY 1990.
WITH
COMPARED WITH DECEMBER 1990, EMPLOYMENT IN JANUARY 1991 DECREASED SLIGHTLY IN MOST MANUFACTURING INDUSTRIES SURVEYED, FOR THE FABRICATED METAL PRODUCTS INDUSTRY WHICH REPORTED CHANGE IN EMPLOYMENT.
EXCEPT LITTLE
COMPARED WITH' JANUARY 1990, EMPLOYMENT IN JANUARY 1991 DECREASED IN MOST MANUFACTURING INDUSTRIES SURVEYED, WITH THE LARGEST DECREASES RECORDED IN THE PLASTIC PRODUCTS AND TEXTILES INDUSTRIES. ON THE OTHER HAND, EMPLOYMENT IN THE FOOD AND DRINKS INDUSTRY SHOWED LITTLE CHANGE OVER THE SAME PERIOD.
IN JANUARY 1991, PER CAPITA EARNINGS IN THE MANUFACTURING COMPANIES SURVEYED INCREASED BY 40%, IN MONEY TERMS, WHEN COMPARED WITH DECEMBER 1990,
HOWEVER, CAUTION SHOULD BE TAKEN IN INTERPRETING THE PERCENTAGE CHANGE IN PER CAPITA EARNINGS IN THIS ROUND OF THE SURVEY, AS THE LARGE INCREASE BETWEEN DECEMBER 1990 AND JANUARY 1991 WAS DUE MAINLY TO THE ISSUE OF DOUBLE-PAY AND ANNUAL BONUSES BY MANY MANUFACTURERS SURVEYED.
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