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MONDAY, AUGUST 17, 1992
ORDERS, EMPLOYMENT AND PER CAPITA EARNINGS FIGURES FOR JUNE RELEASED
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THE VOLUME OF ORDERS-ON-HAND FOR THE 200 LARGEST MANUFACTURERS INCREASED BY 1% IN JUNE THIS YEAR OVER THE SAME MONTH LAST YEAR, ACCORDING TO THE RESULTS OF A MONTHLY SURVEY RELEASED TODAY (MONDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
ORDERS POSITION IN THE FABRICATED METAL PRODUCTS AND THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES IMPROVED MODERATELY OVER A YEAR AGO.
A SLIGHT IMPROVEMENT IN ORDERS POSITION WAS ALSO RECORDED IN THE WEARING APPAREL INDUSTRY. ON THE OTHER HAND, SLIGHT DECREASES IN ORDERS WERE REPORTED BY THE PLASTIC PRODUCTS AND TEXTILES INDUSTRIES.
COMPARED WITH THE PRECEDING MONTH, ORDERS FOR THE MANUFACTURERS SURVEYED DECREASED BY 1% IN JUNE 1992.
DECREASES IN ORDERS WERE RECORDED IN THE PLASTIC PRODUCTS, TEXTILES AND WEARING APPAREL INDUSTRIES WHILE INCREASES WERE RECORDED IN THE FABRICATED METAL PRODUCTS AND THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES.
THE 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.
200
ON EMPLOYMENT, THE TOTAL NUMBER OF PERSONS ENGAGED BY THE LARGEST MANUFACTURERS DECREASED BY 10% IN JUNE 1992 WHEN COMPARED WITH A YEAR AGO. THIS IS IN LINE WITH THE CONTINUING TREND OF RELOCATING PRODUCTION PROCESSES TO SOUTH CHINA.
HOWEVER, COMPARED WITH THE PRECEDING MONTH, THE TOTAL NUMBER OF PERSONS ENGAGED BY THE MANUFACTURERS SURVEYED INCREASED BY 1% IN JUNE 1992.
IN JUNE 1992, PER CAPITA EARNINGS [N THE MANUFACTURING COMPANIES SURVEYED INCREASED BY 15% IN MONEY TERMS OVER THE SAME MONTH LAST YEAR. COMPARED WITH THE PRECEDING MONTH, THERE WAS LITTLE CHANGE.
THE TOTAL NUMBER OF PERSONS ENGAGED IN THE CONSTRUCTION COMPANIES SURVEYED DECREASED IN JUNE 1992 WHEN COMPARED WITH THE SAME MONTH LAST YEAR, BUT REMAINED STABLE WHEN COMPARED WITH THE PRECEDING MONTH.
PER CAPITA EARNINGS IN THE CONSTRUCTION COMPANIES SURVEYED INCREASED SIGNIFICANTLY IN JUNE 1992 OVER A YEAR AGO, BUT DECREASED SLIGHTLY WHEN COMPARED WITH THE PRECEDING MONTH.
IT SHOULD BE NOTED THAT FIGURES FOR THIS INDUSTRY COVER COMPANY EMPLOYEES ONLY; SITE WORKERS EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS ARE NOT INCLUDED.
/THE TOTAL