XN000022-1988-08-12 — Page 2

FRIDAY, AUGUST 12, 1988

QUARTERLY BUSINESS SURVEY RESULTS RELEASED

FIRMS IN THE MANUFACTURING SECTOR REPORTED

SECOND IN THE

FIRST YEAR'S

(FRIDAY) RELEASED TODAY

THE GENERAL BUSINESS SITUATION COMPARED WITH THE RESULTS DEPARTMENT.

IN

AS

AN IMPROVEMENT 1989 OF ΤΟ THE SURVEY

QUARTER

ACCORDING QUARTER,

BY THE CENSUS AND

STATISTICS

A WHOLE, THE BUSINESS

IT IS EXPECTED THAT FOR THE SECTOR AS SITUATION IN THE THIRD QUARTER OF 1988 WILL CONTINUE TO IMPROVE.

SEASONAL FACTORS.

WHILE SEASON THAN THE SECOND

THESE COMPARISONS ARE, HOWEVER, AFFECTED BY THE FIRST QUARTER IN EACH YEAR IS USUALLY A SEASONAL LOW PERIOD THE THIRD QUARTER IS NORMALLY A MORE ACTIVE QUARTER AS FAR AS MANUFACTURING BUSINESS IS CONCERNED.

SECTOR,

FIRMS IN ALL INDUSTRIES SITUATION IN THE SECOND

NOTABLE PARTICULARLY

IN THE IMPROVEMENT IN INDUSTRIES.

WITHIN THE MANUFACTURING EXPERIENCED AN IMPROVEMENT IN THE BUSINESS QUARTER. THE EXTENT OF IMPROVEMENT WAS

THE

ELECTRONI'S CASE OF

PLASTICS AND BUSINESS WAS ALSO REPORTED BY FIRMS IN THE OTHER INDUSTRIES.

THIRD QUARTER,

A FURTHER

THE FOR PROSPECTS IN REGARD TO THE BUSINESS FIRMS ACROSS ALL MANUFACTURING INDUSTRIES GENERALLY EXPECT IMPROVEMENT OVER THE SECOND QUARTER.

FIRMS 1N THE PRODUCTS, METAL PLASTICS AND WATCHES

THIS IS EXPRESSED BY THE MAJORITY OF RESPONDING

FABRICATED FOOD, BEVERAGE AND TOBACCO, ELECTRONICS, ELECTRICAL MACHINERY, APPLIANCES AND SUPPLIES, AND CLOCKS INDUSTRIES.

FIRMS IN THE CONSTRUCTION SECTOR REPORTED A

SECOND QUARTER

THE

AND THE

IN BUSINESS FOR EXPECTED TO IMPROVE FURTHER IN THE THIRD QUARTER.

EXPERIENCES

CONTINUED UPTREND

OUTLOOK BUSINESS

18

AS FOR FIRMS IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, OF FIRMS IN DIFFERENT RESTAURANTS AND HOTELS SECTOR,

FACTORS. TRADES VARIED IN THE SECOND QUARTER, DUE LARGELY TO SEASONAL

MODERATE AND RETAIL WHOLESALE,

IMPROVEMENT IN BUSINESS.

DETERIORATION

WHILE FIRMS

IN

IMPORT/EXPORT

THE IN

A BUSINESS, REPORTED BY RESPONDING HOTELS

FIRMS

REPORTED

A

WAS

TRADE RESTAURANTS

UITREND SEASONAL IN THE SECOND QUARTER.

EXPERIENCED A IN BUSINESS

WHOLESALE, QUARTER. FOR THE

A GENERAL IMPROVEMENT IN BUSINESS IS EXPECTED AMONG RETAIL AND IMPORT/EXPORT FIRMS AND RESTAURANTS FOR THE THIRD EXPECTED BUSINESS IS

AS FOR THE HOTELS, A MILD DECLINE IN

THIRD QUARTER DUE MAINLY TO THE SEASONAL FACTORS.

/IN THE