XN000022-1990-06-17 — Page 3

SUNDAY, JUNE 17, 1990

IN

ON THE OTHER HAND, PER CAPITA EARNINGS DECREASED MODERATELY THE FABRICATED METAL PRODUCTS INDUSTRY AND SLIGHTLY IN THE WEARING APPAREL INDUSTRY. OVER THE SAME PERIOD, THE PLASTIC PRODUCTS INDUSTRY SHOWED LITTLE CHANGE IN PER CAPITA EARNINGS.

COMPARING APRIL 1990 WITH APRIL 1989, PER CAPITA EARNINGS IN THE MANUFACTURING COMPANIES SURVEYED INCREASED BY 15 PER CENT IN MONEY TERMS.

+

INCREASES IN PER CAPITA EARNINGS WERE RECORDED IN ALL MANUFACTURING INDUSTRIES SURVEYED, WITH THE PERCENTAGE INCREASES BEING MOST SIGNIFICANT IN THE FABRICATED METAL PRODUCTS, FOOD AND DRINKS, AND, THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES,

IN THE CONSTRUCTION COMPANIES SURVEYED, EMPLOYMENT IN APRIL 1990 WAS ABOUT THE SAME AS IN MARCH 1990, BUT DECREASED MODERATELY WHEN COMPARED WITH APRIL 1989. PER CAPITA EARNINGS IN APRIL 1990 SHOWED LITTLE CHANGE WHEN COMPARED WITH MARCH 1990, BUT CONTINUED ΤΟ INCREASE IN MONEY TERMS OVER APRIL 1989. IT SHOULD BE NOTED THAT FIGURES FOR THIS INDUSTRY COVER COMPANY EMPLOYEES ONLY; SITE WORKERS EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS ARE NOT INCLUDED.

IN THE SELECTED SERVICE SECTORS, THE OVERALL EMPLOYMENT IN APRIL 1990 AS REPORTED BY THE COMPANIES SURVEYED INCREASED SLIGHTLY WHEN COMPARED WITH MARCH 1990 AND APRIL 1989.

PER CAPITA EARNINGS FOR THE SELECTED SERVICE SECTORS TAKEN TOGETHER INCREASED FURTHER IN APRIL 1990 OVER APRIL 1989. THE SUBSTANTIAL INCREASE OVER MARCH 1990 WAS, HOWEVER, MAINLY DUE TO ISSUE OF SPECIAL BONUSES IN APRIL 1990 BY SOME COMPANIES SURVEYED.

THE

THE PERCENTAGE CHANGES IN ORDERS-ON-HAND, EMPLOYMENT AND PER CAPITA EARNINGS ARE SHOWN IN TABLES 1 TO 3.

THE SURVEY COVERED A PANEL OF THE 200 LARGEST MANUFACTURING COMPANIES AND THE 50 LARGEST COMPANIES IN THE CONSTRUCTION INDUSTRY AND SELECTED SERVICE SECTORS, CHOSEN BY REFERENCE TO THEIR EMPLOYMENT SIZES IN SEPTEMBER 1986.

THE DEPARTMENT CAUTIONED THAT AS THE SURVEY IS NOT BASED ON A SCIENTIFICALLY SELECTED SAMPLE, THE MAGNITUDES OF CHANGE INDICATED BY SURVEY RESULTS ARE MERELY A REFLECTION OF THE EXPERIENCE OF THE COMPANIES SURVEYED.

THE

HOWEVER, GIVEN THE COMPOSITION OF THE PANEL, IT SHOULD BE ABLE TO PROVIDE A USEFUL INDICATION OF THE DIRECTION OF CHANGE FOR MAKING A QUICK ASSESSMENT OF DEVELOPMENT IN THE ECONOMY IN THE SHORT TERM.

THE SURVEY REPORT FOR APRIL 1990 IS NOW ON SALE AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL, AND AT THE CENSUS AND STATISTICS DEPARTMENT PUBLICATIONS SALES COUNTER, 19TH FLOOR, WANCHAI TOWER 1, 12 HARBOUR ROAD, WAN CHAI, AT $2.50 PER COPY.

ENQUIRIES ABOUT THE SURVEY RESULTS MAY BE MADE TO INDUSTRIAL PRODUCTION STATISTICS SECTION OF THE CENSUS STATISTICS DEPARTMENT ON TEL. 823 4820.

THE

AND

/TABLE 1