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.
DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
30 August 2017
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