Companies Survey for the fourth quarter of 2016 indicates that the business
sector continued its rapid growth. The weighted net balance for the fourth
quarter is positive to a statistically significant degree in the overall
business sector (Figure 1 and Table 1). The net balances are positive in the
services, trade, and transport and communication industries, and are negative
in the construction and hotels industries. The net balance of manufacturing
output was near zero, attesting to stability in activity.  In all industries other than hotels, expectations
are for expansion in the first quarter of 2017, while expectations are negative
in the hotels industry.

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