Looking ahead, construction firms generally expect a moderate increase in the volume of construction output in the second half of 1996 compared with the same period in 1995.
The Business Prospects Survey is held on a half-yearly basis, covering about 300 firms from major manufacturing industries, the import/export trades, the banking industry and the construction sector.
It collects views of firms on the short-term prospects of the various major business sectors covered and aims at providing a quick reference, with a minimum time lag, for assessing the short-term future economic performance of Hong Kong.
A spokesman of the department pointed out that in a survey of this nature, the results should be interpreted with caution as it is difficult to establish precisely the extent to which respondents' perception of the future accords with the underlying
trends.
The survey results are published in greater detail in the Report on Half-yearly Business Prospects Survey, July 1996, which is now available for sale at $13 a copy at the Government Publications Sales Centre, Low Block, ground floor, Queensway Government Offices, 66 Queensway, Hong Kong.
It is also available at the Census and Statistics Department Publications Unit, 19th floor, Wanchai Tower, 12 Harbour Road, Wan Chai. Regular subscription may also be arranged.
Enquiries about the survey results may be made to the General Economic Surveys Section of the Census and Statistics Department on 2805 6642.
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Fresh water cut in Yau Tong
The fresh water supply to some premises in Yau Tong will be temporarily suspended from 11 pm on Saturday (August 17) to 6 am the following day for waste detection work on watermains.
The suspension will affect all premises in Ko Fai Road, Shung Tak Wai, Tung Yuen Street, Shung Wo Path and Yan Yue Wai.
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