The BSIs for the 1st quarter of 2014 indicate that the economic sentiment of manufacturing firms has worsened compared to the last quarter. The manufacturer’ assessment of business conditions has been below the baseline (100) since last year. Except for the ordinary profit (102), the BSIs on...

The industrial structure is constantly evolving due to supply-side factors such as technological advancement, the labor force, capital accumulation, and international competition as well as demand-side factors such as changes in consumer needs due to increased income levels, and industrial...

An online export market is growing rapidly around the world. Global consulting agencies estimate that the cross-border e-commerce market reached 578.5 billion USD in 2019 and will continue to record breakneck growth, potentially reaching 4.8 trillion USD by 2026. Driving this rapid growth is the...

Since most official estimates of major macroeconomic variables that market participants and policy makers keenly monitor in real time come out with significant publication lags, nowcasting literature especially targeted on key macro variables has trended over the recent years. Nowcasting refers...

This study focuses on the demand sector of smart factories, especially policies related to the introduction of smart factories by small and medium sized manufacturers. As will be explained later, discussions focusing on SMEs are important because the gap in capacity and resources between large...

The overall composite Business Survey Index for the manufacturing sector in Q2 2022 remained under the baseline (100). However, most feeder indices have increased compared to the previous quarter. Specifically, business conditions (90), sales (95), domestic demand (94), exports (96), and others...

The BSIs for the 3rd quarter of 2014 suggest that the weakness in manufacturers’ business conditions has continued. The BSIs of sales and domestic demand have worsened since last year. Furthermore, the BSIs on facilities investment, operation ratio of facilities, employment, and financial...

The BSIs for the 3rd quarter of 2015 suggest that manufacturers’ economic sentiment is far from bright. A majority of BSIs are in a recession, showing below the baseline (100). However, the BSIs on inventory have improved since the 1st quarter 2015

The BSIs for the 2nd quarter of 2015 indicate that manufacturing firms have continued to report weakness in their economic sentiment. Specifically, sales (92), domestic demand (93), exports (94), ordinary profit (90), operation ratio of facilities (98), and financial condition (87) are in a...

Outline of KIET Quarterly Manufacturing Business Survey Index BSI surveys were conducted in 379 domestic manufacturing firms. Respondents answered online-based questionnaires that include 7 scale choices from March 4, 2015 to March 20, 2015. The questionnaire is composed of 10 items including...