FORECAST OF BUSINESS PERFORMANCE FOR THE THIRD QUARTER 2017

The business performance in the third quarter of 2017 is expected to increase with confidence indicator +11.9 per cent contributed by industry (+3.1%), wholesale & retail trade (+20.7%) and services (+24.0%) sectors.

 

Forecast of Gross Revenue and Number of Employees

The gross revenue in the third quarter of 2017 is expected to increase with a net balance of +21.5 per cent which 33.9 per cent of establishments expected an increase while 12.4 per cent of establishments foresee a decrease.

In terms of number of employees, 25.6 per cent of establishments predict an increase while, 4.0 per cent of establishments predict a decrease in the third quarter of 2017 which led to a net balance of +21.6 percent. 

CURRENT SITUATION OF BUSINESS PERFORMANCE IN THE SECOND QUARTER 2017

The current situation of business performance in the second quarter 2017 is higher with an overall net balance +22.5 per cent as compared to +8.2 per cent in the previous quarter. The increase was contributed by industry (+20.4%), construction (+32.6%), wholesale & retail trade (+20.7%) and services (+26.2%) sectors.

Gross Revenue and Number of Employees  

The gross revenue for second quarter of 2017 increased with net balance +32.0 per cent whereby 47.9 per cent establishments reported an increase while, 15.9 per cent of establishments reported a decline.

In terms of number of employees, 27.3 per cent of establishments indicated an increase in employment, while 9.3 per cent of establishments reported a decrease. Overall, a net balance of +17.9 per cent for the number of employees were recorded in the second quarter of 2017 as compared to +10.7 per cent in the previous quarter.

 

EXPECTATIONS OF BUSINESS PERFORMANCE JULY-DECEMBER 2017

The business performance in July to December 2017 is expected to increase with a net balance of +21.0 per cent. All sectors, i.e. industry, construction, wholesale & retail trade and services are expected to increase with the net balance of +22.1 per cent, +18.6 per cent, +13.4 per cent and +22.8 per cent respectively.

 

 

 

Released By:

DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA

30 August 2017

Contact person:

Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my

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