XN000022-1993-06-30 — Page 17

WEDNESDAY, JUNE 30, 1993

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RESULTS OF 1991 SURVEY OF INDUSTRIAL PRODUCTION

1991

IN

THE GROSS OUTPUT PERFORMED BY MANUFACTURING ESTABLISHMENTS AMOUNTED TO $324.2 BILLION, REPRESENTING A SLIGHT INCREASE OF 0.6% OVER 1990.

NET OF TOTAL OPERATING EXPENDITURE, THE GROSS SURPLUS OF THESE ESTABLISHMENTS AMOUNTED TO 10.5% OF THE GROSS OUTPUT IN 1991, WHICH WAS SLIGHTLY HIGHER THAN THE CORRESPONDING FIGURE OF 10.3% IN 1990.

THESE ARE SOME OF THE MAJOR RESULTS OF THE 1991 SURVEY OF INDUSTRIAL PRODUCTION RELEASED TODAY (WEDNESDAY) BY THE CENSUS AND STATISTICS DEPARTMENT. THE SURVEY WAS CONDUCTED FROM APRIL 1992 ΤΟ EARLY 1993.

ALL VALUE FIGURES ARE

EXPRESSED IN CURRENT PRICES. THE PERCENTAGE CHANGES DERIVED FROM THESE FIGURES HAVE NOT BEEN ADJUSTED FOR PRICE CHANGES. CAUTION SHOULD THEREFORE BE TAKEN IN INTERPRETING THE SURVEY RESULTS.

THE SURVEY RESULTS SHOWED THAT THERE WERE MANUFACTURING ESTABLISHMENTS OPERATING IN 1991.

SOME 43,900

EXPRESSED AS A PERCENTAGE OF THE GROSS OUTPUT, THE OPERATING EXPENDITURE INCURRED BY MANUFACTURING ESTABLISHMENTS IN 1991 WAS 16.4% FOR COMPENSATION OF EMPLOYEES; 62.7% FOR CONSUMPTION OF SUPPLIES, AND INDUSTRIAL WORK/SERVICES; AND 10.4% FOR OTHER THESE PERCENTAGES WERE SIMILAR TO THOSE IN 1990.

MATERIALS, EXPENSES.

THE VALUE ADDED OF MANUFACTURING INDUSTRY AMOUNTED ΤΟ $92.7 BILLION IN 1991. THIS REPRESENTED A SLIGHT INCREASE OF 0.5% OVER 1990.

THE VALUE ADDED CONTENT OF THE GROSS OUTPUT PERFORMED BY THESE ESTABLISHMENTS AMOUNTED TO 28.6%. THIS COMPRISED MAINLY 16.4% FOR COMPENSATION OF EMPLOYEES AND 10.5% FOR GROSS SURPLUS. THE CORRESPONDING FIGURES FOR THESE TWO VALUE ADDED COMPONENTS IN 1990 WERE 16.9% AND 10.3% RESPECTIVELY.

IN TERMS OF VALUE ADDED, THE FIVE LARGEST BROAD INDUSTRY GROUPS IN 1991 WERE:

BASIC METALS, FABRICATED METAL PRODUCTS, MACHINERY AND EQUIPMENT, ACCOUNTING FOR 21.1% OF THE TOTAL VALUE ADDED OF THE MANUFACTURING INDUSTRY:

WEARING APPAREL, 19.9%;

TEXTILES, 15.1%;

ELECTRICAL AND ELECTRONIC PRODUCTS, 12.4%; AND

PAPER PRODUCTS, PRINTING AND PUBLISHING, 10.2%.

/SIGNIFICANT INCREASES