XN000022-1990-07-17 — Page 6

TUESDAY, JULY 17, 1990

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MAY ORDERS-ON-HAND, EMPLOYMENT AND PAYROLL FIGURES RELEASED

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IN THE 200

BY

MAY 1990, THE AVERAGE VOLUME OF ORDERS-ON-HAND REPORTED LARGEST MANUFACTURING COMPANIES SHOWED LITTLE CHANGE WHEN COMPARED WITH APRIL 1990, BUT DECREASED BY 1 PER CENT WHEN COMPARED WITH JULY 1989, ACCORDING TO THE RESULTS OF A SURVEY RELEASED TODAY (TUESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

COMPARED WITH APRIL 1990, THE AVERAGE VOLUME OF ORDERS-ON-HAND IN MAY 1990 INCREASED SLIGHTLY IN THE PLASTIC PRODUCTS AND THE ELECTRICAL AND

CHANGE IN THE PERIOD, ORDERS

ELECTRONIC PRODUCTS INDUSTRIES, BUT SHOWED LITTLE FABRICATED METAL PRODUCTS INDUSTRY. OVER THE SAME DECREASED MODERATELY IN THE TEXTILES INDUSTRY AND

SLIGHTLY IN THE WEARING APPAREL INDUSTRY.

COMPARING MAY 1990 WITH MAY 1989, THE OF ERS POSITION DROPPED SIGNIFICANTLY IN THE FABRICATED METAL PRODUCTS INDUSTRY AND TO A LESSER EXTENT IN THE WEARING APPAREL AND TEXTILES INDUSTRIES. ON THE OTHER HAND, ORDERS INCREASED MODERATELY IN THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRY AND SLIGHTLY IN THE PLASTIC PRODUCTS INDUSTRY.

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 MAY 1990 DECREASED BY 1 PER CENT AND 10 PER CENT WHEN COMPARED WITH APRIL 1990 AND MAY 1989 RESPECTIVELY.

COMPARED WITH APRIL 1990, EMPLOYMENT IN MAY 1990 DECREASED MODERATELY IN THE PLASTIC PRODUCTS INDUSTRY AND SLIGHTLY IN THE WEARING APPAREL, TEXTILES AND THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES. ON THE OTHER HAND, EMPLOYMENT INCREASED SLIGHTLY IN THE FOOD AND DRINKS INDUSTRY WHILE THAT IN THE FABRICATED METAL INDUSTRY SHOWED LITTLE CHANGE.

COMPARING MAY 1990 WITH MAY 1989, EMPLOYMENT SIGNIFICANTLY IN MOST MANUFACTURING INDUSTRIES SURVEYED, LARGEST DECREASES RECORDED IN THE ELECTRICAL AND ELECTRONIC AND THE FABRICATED METAL PRODUCTS INDUSTRIES. HOWEVER, A INCREASE IN EMPLOYMENT WAS RECORDED IN THE FOOD AND DRINKS OVER THE SAME PERIOD.

PRODUCTS

DECREASED WITH THE PRODUCTS MODERATE INDUSTRY

IN MAY 1990, PER CAPITA EARNINGS IN THE MANUFACTURING COMPANIES SURVEYED INCREASED BY 2 PER CENT IN MONEY TERMS WHEN COMPARED WITH APRIL 1990.

OVER THE SAME PERIOD, PER CAPITA BARNINGS INCREASED FAIRLY SIGNIFICANTLY IN THE TEXTILES, PLASTIC PRODUCTS AND WEARING APPAREL INDUSTRIES AND TO A LESSER EXTENT IN THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRY. THESE INCREASES WERE DUE PARTLY TO MORE OVERTIME WORK AS REPORTED BY SOME OF THE COMPANIES SURVEYED AND MORE DAYS IN MAY WHEN COMPARED WITH APRIL.

WORKING

/ON THE