PHL Business and Industry Survey Covers 114 Establishments in Cordillera

BY: CARLITO C. DAR

BAGUIO CITY,Sept.13(PIA) - - Statistical coordination officers from the National Statistics Office (NSO) are set to visit establishments in Benguet, Baguio and Abra starting this September 19 for the 2012 Input-Output Survey of Philippine Business and Industries (IOSPBI).

NSO Regional Director Olivia Gulla disclosed that the 2012 IOSPBI aims to collect detailed data items on selected revenue, cost and inventory of businesses and industries covered in the 2012 Census on Philippine Business and Industries (CPBI) in order to produce an I-O (input-Output) structure or table.

This  is a comprehensive, detailed and consistent presentation of the flow of goods and services in an economy for a specified period of time, to provides a basis for analysis of the inter-industry use of goods and services, its intermediate uses and the flow of goods and services up to final demand.

“Specifically, the objective of the said survey is to provide a comprehensive set of statistical information required in the compilation of the 2012 I-O Table of the Philippines, which can be used to analyze quantitatively the structure and interdependencies of producing and consuming sectors in the economy. Among its major use are to provide detailed information on the flow of goods and services; forecasting; sensitivity testing; impact analysis and price-cost analysis”, Gulla explained.

For the Cordillera region, Gulla  disclosed that there are 114 sample establishments identified  located  in the Baguio-Benguet area and  in  Abra.

For Baguio-Benguet, OIC Provincial head Camille Carla Beltran disclosed 109 establishments, 88 in Baguio City and 21 in Benguet, will be visited by six statistical coordination officers to distribute and collect questionnaires that are color coded, to identify each of the six industry sectors involved  such as Agriculture, Forestry and Finshing; Mining and Quarrying; Manufacturing; Electricity, Gas, steam, water supply etc.; Construction; and the Business Service.

Stressing the importance of providing accurate statistical data to government planners and policy makers for nation building, Gulla enjoined the cooperation and active participation of the establishment that NSO will be visiting for the 2012 IOSPBI.

The 2012 IOSPBI  is the 7th Input-Output (I-O) survey series conducted by the NSO. Its forerunner was the 2006 IOSPBI which was undertaken as a rider to the 2006 Census of Philippine Business and Industry . (JDP/CCD-PIA CAR)