However, these same data also show increases in output in sectors such as wholesale trade and financial and business services, as well as manufacturing sectors such as pharmaceuticals and transportation equipment. Despite all the challenges, we are seeing businesses across the country being inventive in responding to the necessity of adjustment.
We have been tracking this adjustment through our regular communications with business groups, manufacturers, and exporters, as well as through the Bank's Business Outlook Surveys. These surveys, conducted by staff in the Bank's regional offices, are available on our website, and I encourage you to look at them.