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Politics : Formerly About Applied Materials
AMAT 304.84-0.8%3:59 PM EST

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To: StanX Long who wrote (58566)1/9/2002 4:04:00 AM
From: StanX Long  Read Replies (1) of 70976
 
Wednesday January 9, 2:42 PM

HK Manufacturers' Orders Down 15% in November Y-O-Y

sg.biz.yahoo.com

HONG KONG, Jan 9 Asia Pulse - The value of manufacturers' orders-on-hand for local production decreased by 15 per cent in November 2001 compared with a year earlier, according to the provisional results of a monthly survey released Tuesday by the Census and Statistics Department [CSD].
The decline in orders-on-hand occurred across all the major manufacturing industries surveyed. Comparing November 2001 with November 2000, the electrical products industry had the largest decrease (-36 per cent) in the value of orders-on-hand, the CSD said in a statement.



This was followed by the fabricated metal products industry (-24 per cent), the electronic products industry (-22 per cent), the plastic products industry (-14 per cent), the wearing apparel industry (-11 per cent), the textiles industry (-9 per cent), and the printing and publishing industry (-3 per cent).

On a seasonally adjusted basis, the value of orders-on-hand for the three months ending November 2001 decreased by 7 per cent compared with the three months ending August 2001.

The Monthly Survey of Orders-on-hand covers a sample of some 300 manufacturing firms each engaging 50 or more workers.

ASIA PULSE
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