Managers estimate third quarter growth in all areas of the economy

August 1st, 2007

marketing increaseNot only production, but prices, too, will rise at a pace comparable to the month of June. The manufacturing, constructions, retail and service sectors will see a July-September growth comparable with that registered in the second quarter, according to a study conducted by the National Institute of Statistics (INS) among managers, Rompres informs. Managers in the industrial sector predict a production growth in both the volume of the manufacturing sector and the inventory of contracts and orders. Managers in the manufacturing sector estimate a price rise similar to that back in June. Employment throughout the sector remains steady, according to 77 per cent of the views expressed. The construction sector will also see growth in the third quarter, in both production volume and the inventory of contracts and orders, and the price of works will be just as high as those predicted a month ago. Managers in the retail sector, too, foresee a positive economic trend over the next three months, on the strength of a surge in the retail sector and more orders to goods suppliers. Managers also project a higher service demand, with a commensurate rise in relevant employment.

Source: computerweekly

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