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Table 1 List of economic markers relevant to Singapore’s major economic industries, according to the Singapore Standard Industrial Classification (SSIC) 2020 classification

From: Forecasting the rate of hand injuries in Singapore

 

Classification [26]

Economic Marker

Abbreviation

Unit of Measurement

Source

Frequency

Reason for inclusion

A

Agriculture and Fishing

Total Livestock Slaughtered

AgriLive

Number

Department of Statistics Singapore

Monthly

Reflects the level of agricultural livestock activity

Total Seafood Handled

AgriFish

Tonnes

Department of Statistics Singapore

Monthly

Reflects the level of agricultural fishing activity

B

Manufacturing

Manufacturing Index

MI

Points

CEIC Data, Department of Statistics

Monthly

Reflects manufacturing activity in Singapore

Purchasing Manager Index

PMI

Percentage

Singapore Institute of Purchasing and Material Management

Monthly

Surveys purchasing managers at businesses in the Manufacturing sector, is a key barometer of the Singapore manufacturing economy

Industrial Production Index

IPI

Long-term average (hundreds)

Singapore Economic Development Board

Monthly

Real production output of manufacturing, mining, and utilities.

C

Electricity, Gas, Steam and Air-conditioning Supply

Electricity Generation and Consumption

ElectGenCon

Gigawatt Hours

Department of Statistics, Singapore

Monthly

Reflects the amount of electricity generated and consumed

Gas Tariffs

Gas

Cent Per Kilowatt Hour

Department of Statistics, Singapore

Monthly

Reflects the economic activity of gas

D

Water Supply; Sewerage, Waste Management and Remediation Activities

Water Sales

WaterS

Million Cubic Metres Per Year

Department of Statistics, Singapore

Annual

Reflects the economic acitivty of water supply

E

Construction

Construction Index

CI

Points

CEIC Data, Department of Statistics

Monthly

Reflects the level of construction activity in Singapore

F

Wholesale and Retail Trade

Consumer Price Index

CPI

Price

Department of Statistics Singapore

Monthly

Measures the average price changes over time of a fixed basket of consumption goods and services commonly purchased by the resident households.

G

Transportation and Storage

Total Air Cargo Handled (Loaded and Discharged)

TransAir

Number

Department of Statistics Singapore

Monthly

Reflects the level of air transport

Total Container Throughput

TransSea

Thousand Twenty-Foot Equivalent Units (‘000 TEUs)

Department of Statistics Singapore

Monthly

Reflects the level of sea transport

Total Road Traffic Accident Casualties

TransLand

Number

Department of Statistics Singapore

Monthly

Reflects the level of land transport

H

Accommodation and Food Service Activities

Residential Units Constructed and Sold by Housing and Development Board

ResUnits

Number

Department of Statistics Singapore

Annual

Reflects the demand and supply of public housing

Food & Beverage Services Index

F&B

Index

Department of Statistics Singapore

Monthly

Reflects the demand and supply of food and beverage industries

I

Financial and Insurance Activities

Turnover On The Singapore Exchange (Equities) - Mainboard (Volume)

SGX

Million

Department of Statistics Singapore

Monthly

Reflects the level of financial activity in Singapore

J

Administrative and Support Service Activities

Government Operating Revenue

GOR

Million

Department of Statistics Singapore

Monthly

Reflects the level of government indication

K

Public Administration and Defence

Total Fire Calls

Fire

Number

Department of Statistics Singapore

Annual

Reflects the activity of the firefighting services

Crime Cases Recorded

Police

Number

Department of Statistics Singapore

Annual

Reflects the activity of the police services

L

Education

Enrolment In Educational Institutions

Edu

Number

Department of Statistics Singapore

Annual

Reflects the demand of education in Singapore

M

Health and Social Services

Admissions To Public Sector Hospitals

HealthC

Number

Department of Statistics Singapore

Monthly

Reflects the demand of healthcare in Singapore

N

Arts, Entertainment and Recreation

Utilisation Of Sports Facilities

Sports

Total Bookings (Number)

Department of Statistics Singapore

Annual

Reflects the recreational physical activity of people residing in Singapore

Tickted Attendances in the Performing Arts

Arts

Number

Department of Statistics Singapore

Annual

Reflects the level of The Arts in Singapore