TNAG-1267-FCO40-1616-Economic-situation-in-Hong-Kong-1983 — Page 234

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

negative for five successive quarters, began to pick up again

this year, particularly in the second quarter (paragraph 2.12). Third, there was a large increase in

in the number of

reported employment vacancies (paragraph 4.7); and

manufacturing employment probably showed some increase during

second quarter (paragraph 4.10). Fourth, according to

information obtained from a selection of large manufacturers

in the latest monthly survey on employment, payroll and orders-on-hand(3)

order-book positions continued to improve

the

·

in May 1983 (paragraph 5.3).

Growth rates of domestic exports (%)

Year-on-year

comparison

In money

terms

In real

terms

Rate of increase

in prices

1982/1981

3

1982/1981 Q1

9

Q2

4

Q3

1

Q4

1

1982/1981 Hl

H2

1983/1982 Q1

6

Q2(*)

21

འ འགགའ ལས འཝ

61

-3

6

-1

10

-4

8

-4

-1

-2

-2

52

93

1983/1982 H1{*)

14

9

3

4

6

5

Note: (*) Estimated by using trade indexes available up to May

1983.

/Domestic

...

(3) The monthly survey on employment, payroll and orders-on-hand includes 200 large manufacturing companies selected on the basis of employment in September 1979, in addition to a small number of construction and other non-manufacturing companies. Each month a questionnaire is sent to each of these companies, requesting information on the number of persons engaged as at the end of the preceding month, on the amount of payroll for the preceding month and on orders-on-hand in terms of months as at the first day of the current month. Its purpose is to provide short-term economic indicators at monthly intervals. As the survey is not based on a scientifically selected random sample, the results do not necessarily reflect the performance of the economy as a whole, but they do give some indication of the direction of change.

6

i

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