N.Z. FACTORY OUTPUT
Rise Of 6.6 p.c. In Value
New Zealand factories in 1961-62 produced goods worth £ 806.5 m, says the Department of Statistics. This was 6.6 per cent more than the 1960-61 value. There were 6233 more persons employed. £llm more was paid in salaries and wages, and 1.5 m hours more overtime was worked.
The volume of output was 5.1 per cent, more than that of the previous year.
At £3lBm. added value was 10.8 per cent, higher. Capital expenditure was £41.2m in 1961-62, compared with £34.3m in 1960-61.
Employees numbered 187.579, 3.4 per cent more than the 1960-61 total. Salaries and wages totalled £ 1615 m. an increase of 7.3 per cent. There were 27.8 m hours of overtime. compared with 26.3 m hours in 1960-61. Average overtime worked by all factory wage-earners was 216 hours for males and 55 hours for females. The previous year’s figures were 211 hours and 53 hours.
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Bibliographic details
Press, Volume CII, Issue 30127, 10 May 1963, Page 14
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155N.Z. FACTORY OUTPUT Press, Volume CII, Issue 30127, 10 May 1963, Page 14
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