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Methodological explanation for the news release:

Business tendencies in manufacturing industry

Purpose of the Survey

The main purpose of the Business Tendency Survey in Manufacturing industry is to obtain quick information on the current situation and expectations about further movements of the main economic indicators in enterprises, divisions of the National Classifications of Activities and Manufacturing industry as a whole.

This data can be used for the short-term business decisions in the business entities as well as for the creating of the short-term economic policy of the country.

The statistical series derived from business survey are very suitable for business cycle monitoring and forecasting.

The State Statistical Office of the Republic of Macedonia has been conducting the monthly Business Tendency Survey in Manufacturing industry since April 2001.

Methodology and questionnaire for this survey are prepared in accordance with the recommendations of OECD for harmonization of these surveys, in which way the direct comparability of the data its enabled.

Type of Survey

Business Tendency Survey in Manufacturing industry is qualitative survey that uses opinion-testing techniques. It collects qualitative (good, satisfactory, bad, up, unchanged, down etc.), not quantitative (numerical) data from business managers on their assessment of the current situation of the main economic indicators in their business entities and their expectations for the directions of movements of those indicators in the near future.

The sample

The sample for the Business Tendency Survey in Manufacturing industry includes 250 business entities classified in the division No 15 to 36 of the National Classification of Activities (NACE).

The selection of the 250 business entities was done by the criteria of including business entities with largest turnover in the appropriate division of the NACE, and according to the number of employees, which should not be less than 25.


Each individual answer is weighte during the processing, which means that each individual answer receives appropriate significance according to the size of each enterprise. The number of employees in the enterprise and the value of the turnover are used as weighting variables.

The data are generally presented in the form of balances. The balance is obtained by taking the difference between weighted positive and negative answers expressed in percent. The balance shows the movement of the observed economic indicators and not their real size.

The percentage of factors limiting production is calculated as proportion of weighted answers for appropriate factor in the total number of weighted answers for all factors.

Last updated: 08.02.2011


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