State of Trade Survey 2018 Q4

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  • 27% of heavy side firms and half of light side firms reported that sales rose during the fourth quarter of 2018.
  • 73% of heavy side product manufacturers and 35% of light side product manufacturers reported that they anticipated sales rising over the coming year.
  • Cost increases were reported by 80% of heavy side manufacturers and 74% of those on the light side, the highest balances since Q1.
  • Wages and salaries drove cost inflation, according to 82% of heavy side firms and 94% of light side firms.
  • Export growth remained weak in Q4, with the light side reporting a second consecutive quarter of decline.

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