Companies Survey, 3rd quarter, 2000

10/11/2000
All Press Releases In Subject:
The Economy and Economic Activity

Companies Survey, 3rd quarter, 2000

Overview:

Reports from companies for the third quarter of 2000* indicate that the increase in activity continued in most of the principal industries—manufacturing, transport and communications, hotels, business services, and even construction. Trade was an exception, showing only a seasonal rise. The increase in manufacturing in this quarter was based mainly on domestic sales and less on export growth, unlike hotels, where the rise continued to be based on tourist bed-nights. The rise in construction occurred in infrastructure, and not buildings. The increase in transport and communications occurred in both components. Reports on constraints on expanding output were not uniform: in trade constraints increased slightly; in manufacturing there was no change; and in construction they fell. Average inflation expectations continued falling: those for the next twelve months went down to 3.1 percent, average, and to 3.4 percent, in annual terms, for the fourth quarter.

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