XN000022-1990-11-14 — Page 22

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WEDNESDAY, NOVEMBER 14, 1990

QUARTERLY BUSINESS SURVEY RESULTS RELEASED

IN FIRMS

THE MANUFACTURING SECTOR EXPERIENCED A MILD IN

WHEN BUSINESS IN THE THIRD QUARTER OF 1990 IMPROVEMENT

COMPARED THE WITH THE

OF SECOND

RESULTS QUARTER OF 1990, ACCORDING TO THE

(WEDNESDAY} BY THE CENSUS QUARTERLY BUSINESS SURVEY RELEASED TODAY AND STATISTICS DEPARTMENT.

GENERAL, IN

OF

FIRMS IN THIS SECTOR EXPECT BUSINESS TO REMAIN RELATIVELY STABLE IN THE FOURTH QUARTER, ALTHOUGH THE EXPECTATIONS FIRMS IN INDIVIDUAL INDUSTRIES VARY.

THE

THESE COMPARISONS ARE, HOWEVER, LIKELY ΤΟ BE AFFECTED BY SEASONAL FACTORS. AS FAR AS MANUFACTURING ACTIVITY IS CONCERNED,

AND THE FOURTH QUARTER OF A YEAR ARE THIRD QUARTER

SEASONALLY MORE ACTIVE PERIODS THAN THE SECOND QUARTER.

IN

FIRMS IN MOST MANUFACTURING INDUSTRIES, PARTICULARLY THOSE THE FOOD, BEVERAGE AND TOBACCO AND THE PRINTING INDUSTRIES, EXPERIENCED AN IMPROVEMENT IN BUSINESS IN THE THIRD QUARTER OF 1990.

PLASTICS THE OTHER HAND, BUSINESS IN THE TEXTILES AND

INDUSTRIES. REMAINED RELATIVELY STABLE OVER THE SAME PERIOD.

ON

IN

AS REGARDS THE BUSINESS PROSPECTS FOR THE FOURTH QUARTER, FIRMS METAL FABRICATED THE WEARING APPAREL, ELECTRONICS, PRINTING, AND PRODUCTS INDUSTRIES ANTICIPATE A FURTHER IMPROVEMENT IN BUSINESS THE THIRD QUARTER, WHILE FIRMS IN THE TEXTILES AND PLASTICS INDUSTRIES EXPECT A DETERIORATION IN BUSINESS IN THE FOURTH QUARTER.

OVER

IN

THE

ΤΟ

BUSINESS IN THE CONSTRUCTION SECTOR REMAINED STABLE THIRD QUARTER. FIRMS IN THIS SECTOR GENERALLY EXPECT THE SITUATION CONTINUE IN THE FOURTH QUARTER.

FIRMS IN THE DISTRIBUTIVE AND CATERING TRADES SECTOR GENERALLY EXPERIENCED AN IMPROVEMENT IN BUSINESS IN THE THIRD

EXCEPT QUARTER, FOR HOTELS WHICH REPORTED A MILD DETERIORATION IN BUSINESS.

REGARDING THE BUSINESS OUTLOOK FOR THE FOURTH QUARTER, FIRMS IN SECTOR, PARTICULARLY HOTELS AND RESTAURANTS, EXPECT AN IMPROVEMENT IN BUSINESS.

THIS

IN THE OTHER SERVICES SECTOR, WHILE BANKS AND FIRMS IN THE TRANSPORT, STORAGE AND COMMUNICATION SERVICES EXPERIENCED AN IMPROVEMENT IN BUSINESS IN THE THIRD QUARTER, BUSINESS IN THE REAL ESTATE DEVELOPMENT AND RELATED SERVICES REMAINED STABLE.

FIRMS

REGARDING THE BUSINESS PROSPECTS FOR THE FOURTH QUARTER, IN THE TRANSPORT, STORAGE AND COMMUNICATION SERVICES AND THE REAL ESTATE DEVELOPMENT AND RELATED SERVICES EXPECT BUSINESS ΤΟ REMAIN STABLE, WHILE BANKS EXPECT A DETERIORATION IN BUSINESS.

ABOUT 1,000 FIRMS FROM VARIOUS INDUSTRIES AND TRADES, FORMING A CROSS-SECTION OF THE BUSINESS COMMUNITY, PARTICIPATED IN THE SURVEY. THEY WERE ASKED ABOUT THEIR BUSINESS EXPERIENCES AND EXPECTATIONS AS WELL AS THE BUSINESS PROBLEMS THEY FACED.

/IN THE