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Survey of Current Business (September-December 2021)
[Хозяйственное Обозрение (Сентябрь-Декабрь 2021 Г.)]

Author

Listed:
  • Aukutsionek Sergey

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Yegorov Andrey

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Bachirova Inessa

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

  • Belyakov Stanislav

    (Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences)

Abstract

In September 2021, the indicator of orders looked very optimistic: relative to the normal level for this month taken as 100%, it gained 97%, which turned out to be a record high value in the entire history of observations. The level of labor utilization rate was very high – 95%. The diffusion index of employment showed the second highest value in 30 years of measurements – 56%. Among production restrictive factors, high prices for raw materials, materials and semi-finished products reached the first place for the first time since 1992 (53%). The shortage of labor (34%) and skillful workers (32%) also rose significantly in the ranking.

Suggested Citation

  • Aukutsionek Sergey & Yegorov Andrey & Bachirova Inessa & Belyakov Stanislav, 2021. "Survey of Current Business (September-December 2021) [Хозяйственное Обозрение (Сентябрь-Декабрь 2021 Г.)]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 12, pages 41-49, December.
    • Handle: RePEc:gai:recdev:r21132
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    More about this item

    Keywords

    Russia; industry; industrial enterprises; price level; wages; employment; output; investment; indebtedness to banks; order-book level; stocks of finished products; capacity utilization rate; financial situation; production restrictive factors;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

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