The Census and Statistics Department (C&SD) released on July 27 results of the Quarterly Business Tendency Survey for the third quarter (Q3) of 2006.
Business Situation:
For all surveyed sectors taken together, significantly more respondents expect their business situation to be better, as compared to those expecting it to be worse, in Q3 2006 over the second quarter (Q2) 2006.
Analysed by sector, significantly more respondents in the construction; import and export trade; restaurants and hotels; communications; real estate; business services; and banks, financing and insurance sectors expect their business situation to be better, as compared to those expecting it to be worse, in Q3 2006 over Q2 2006.
Volume of Business/Output:
Respondents in all the sectors covered expect an increase in their volume of business/output in Q3 2006 over Q2 2006.
Analysed by sector, significantly more respondents in the construction; wholesale and retail; import and export trade; transport and related services; communications; real estate; and banks, financing and insurance sectors expect their volume of business/output to increase, as against those expecting it to decrease, in Q3 2006 over Q2 2006.
Employment:
On employment, respondents in all sectors expect it to increase in Q3 2006 over Q2 2006.
Analysed by sector, significantly more respondents in the construction; wholesale and retail; restaurants and hotels; transport and related services; real estate; and banks, financing and insurance sectors expect their number of persons engaged to increase, as compared to those expecting it to decrease, in Q3 2006 over Q2 2006.
Selling Price/Service Charge:
Regarding selling price/service charge, respondents in all except the manufacturing; wholesale and retail; and import and export trade sectors expect it to increase in Q3 2006 over Q2 2006.
