WEDNESDAY, AUGUST 14. 1991
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SECOND QUARTER BUSINESS SURVEY RESULTS RELEASED
FIRMS IN THE MANUFACTURING SECTOR AS A WHOLE EXPERIENCED AN IMPROVEMENT IN BUSINESS IN THE SECOND QUARTER OF 1991 COMPARED WITH THE FIRST QUARTER OF 1991.
LOOKING AHEAD, FIRMS IN THIS SECTOR GENERALLY EXPECT A CONTINUED IMPROVEMENT IN BUSINESS IN THE THIRD QUARTER OF 1991
COMPARED WITH THE SECOND QUARTER.
THESE COMPARISONS ARE, HOWEVER, LIKELY то BE AFFECTED BY SEASONAL FACTORS. AS FAR AS MANUFACTURING ACTIVITY IS CONCERNED, THE FIRST QUARTER OF THE YEAR IS USUALLY A SEASONAL LOW WHILE THE THIRD QUARTER IS NORMALLY MORE ACTIVE THAN THE SECOND QUARTER.
THE RESULTS OF THE QUARTERLY BUSINESS SURVEY RELEASED TODAY (WEDNESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT ARE SUMMARISED BELOW.
FIRMS IN MOST MANUFACTURING INDUSTRIES SURVEYED, PARTICULARLY THOSE IN THE PLASTICS, FABRICATED METAL PRODUCTS. AND TEXTILES INDUSTRIES, EXPERIENCED AN IMPROVEMENT IN BUSINESS IN THE SECOND QUARTER OF 1991 COMPARED WITH THE FIRST QUARTER.
IN
AS REGARDS THE BUSINESS PROSPECTS FOR THE THIRD QUARTER, FIRMS MOST MANUFACTURING INDUSTRIES SURVEYED, PARTICULARLY THOSE IN PLASTICS, FOOD, BEVERAGE AND TOBACCO, AND WATCHES AND CLOCKS INDUSTRIES, ANTICIPATE AN IMPROVEMENT IN BUSINESS OVER THE SECOND QUARTER.
IN THE CONSTRUCTION SECTOR, THE FIRMS SURVEYED EXPERIENCED A LOWER LEVEL OF BUSINESS IN THE SECOND QUARTER OF 1991 THAN IN THE FIRST QUARTER AND EXPECT THE SITUATION TO CONTINUE IN THE THIRD QUARTER.
IN THE DISTRIBUTIVE AND CATERING TRADES SECTOR, HOTELS EXPERIENCED AN IMPROVEMENT IN BUSINESS IN THE SECOND QUARTER, WHILE RESTAURANTS RECORDED A DETERIORATION IN BUSINESS.
ON THE OTHER HAND, BUSINESS IN THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES REMAINED STABLE.
REGARDING THE BUSINESS OUTLOOK RESTAURANTS AND FIRMS IN THE WHOLESALE, TRADES EXPECT AN IMPROVEMENT IN BUSINESS, THEIR BUSINESS TO REMAIN STABLE.
FOR THE THIRD QUARTER,
RETAIL AND IMPORT/EXPORT WHILE HOTELS ANTICIPATE
IN THE OTHER SERVICES SECTOR, BANKS AND FIRMS IN THE TRANSPORT, STORAGE AND COMMUNICATION SERVICES EXPERIENCED
AN IMPROVEMENT IN BUSINESS IN THE SECOND QUARTER, WHILE BUSINESS IN THE REAL ЕЗТАТВ DEVELOPMENT AND RELATED SERVICES REMAINED STABLE.
/REGARDING THE
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