XN000022-1990-02-13 — Page 2

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