TNAG-1267-FCO40-1616-Economic-situation-in-Hong-Kong-1983 — Page 199

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

FC040/1616

CHAPTER 5: ACTIVITY IN SELECTED SECTORS

Manufacturing

5.1

On the basis of the figures on domestic exports (paragraph 2.1) and on retained imports of raw materials and

semi-manufactures (paragraph 2.7), there was some improvement in manufacturing activity in the first quarter.

5.2

in the

higher

.

The indexes of textile production showed that output

textiles industry in the fourth quarter of 1982 was

than that in the third quarter. But for 1982 as a

whole, production was 11% lower than in 1981. Although the

indexes for the first quarter

the first quarter of 1983 are not yet available, statistics on textile exports suggest that there was a slight improvement in production activity.

Indexes of textile production

(1973 = 100)

Spinning

and weaving

Spinning

Weaving

1981

ã

Q1

87

78

100

Q2

100

92

111

Q3

94

89

102

Q4

95

88

105

1982

Q1

76

71

83

Q2

86

81

95

Q3

84

78

94

Q4

90

79

106

5.3

(1)

The results of the

Quarterly Business Survey

conducted in January 1983

January 1983 indicated that the major problems experienced by firms in the manufacturing sector in the fourth

(1)

/quarter

The Quarterly Business Surveys conducted by the Census and Statistics Department seek from respondents their impression of business conditions in the immediately preceding quarter and their opinion regarding business prospects in the forthcoming quarter. The sample used for the survey consists of some 800 firms taken from various sectors. It is a selection of the largest firms in each sector plus a random sample of medium sized firms.

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