2017 April 25
lt
 

Balttechnika 2017 English

 

 

Business Tendencies

Industrial confidence indicator  
Production expectations for the next 2-3 months (balance)
Employment expectations for the next 2-3 months (balance)
Export expectations for the next 2-3 months (balance)
Production capacity utilization level, percent (%) 
Competitive position on the market developed over the past 2-3 months (balance)
Structure of the investment
Factors that are influencing investment

 
Business Tendencies
 

Business trends in the statistical analysis, also called business opinion survey, is a survey of business leaders. This statistical analysis is based on the same business leaders opinion of the occurrence, the current and future changes in their economic activities. The survey is designed for short-term economic analysis and forecasting. It is often used in forecasting business cycle turning points. Since the statistical results can be obtained quickly and that they contain statistical information on economic agents' expectations, these results are very valuable and important in predicting for the respondents themselves, public authorities, researchers, and makers of economic decisions at national and European Union (EU) level.

 

Industrial confidence indicator  

Industrial confidence indicator is a measure based on a survey among industrial executives. The figure is calculated as the arithmetic mean of product demand, production expectations and buildup of inventories with the opposite sign. Higher levels of industrial confidence indicate a positive outlook for future business spending and capital investment.
Balance is
the figure determined by the difference between positive and negative answers. A headline above zero indicates positive industrial confidence, while a negative number shows negative confidence.

 
Source: Lithuanian Department of Statistics
 
Production expectations for the next 2-3 months (balance)
A positive result of the balance indicates common belief of the industrial executives, that the production for the net 2-3 months will grow, while a negative result means that the production will decrease.
 
Source: Lithuanian Department of Statistics
 
 Employment expectations for the next 2-3 months (balance)
A positive result of the balance indicates common belief of the industrial executives, that an employment for the net 2-3 months will grow, while a negative result means that an employment will decrease. 
 
Source: Lithuanian Department of Statistics

 
Export expectations for the next 2-3 months (balance)
A positive result of the balance indicates common belief of the industrial executives, that the export of industrial production for the net 2-3 months will grow, while a negative result means that the export will decrease.
Source: Lithuanian Department of Statistics
 
Production capacity utilization level, percent (%)
Industrial capacity utilization rate is determined by industrial capacity utilization percentage estimated by the individual business entities.
 
Source: Lithuanian Department of Statistics


 Competitive position on the market developed over the past 2-3 months (balance)
A positive result of the balance indicates common belief of the industrial executives, that their ability to compete within the past 2-3 months has improved, while a negative result means that the competitiveness of firms declined.
 
Source: Lithuanian Department of Statistics

 
Investment trends in the industry survey
 
Structure of the investment 
Source: Lithuanian Department of Statistics
 
Factors influencing investment
Source: Lithuanian Department of Statistics 

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Getting Ready for Industrie 4.0: Transformations Needed

ATTENTION! Matchmaking event for Lithuanian and Norwegian companies

MANUFACTURING. LET’S TALK LITHUANIA 2015

 

Let's talk Lithuania. Manufacturing Sector Overview.

INTERNATIONAL MEMBERSHIP 

 

 ORGALIMECEEMET MANUFUTURE EU  

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Even in such technical lines as engineering, about 15% of one's financial success is due one's technical knowledge and about 85% is due to skill in human engineering, to personality and the ability to lead people.

Dale Carnegie

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