Total restaurant receipts reached $87 billion last year, up 22.6% on 2006, the Census & Statistics Department says.
Total receipts of hotels and boarding houses, the retail trade, wholesale trade and import and export trade rose 11.3%, 9.8%, 3.5% and 1.9%. For all these industries taken together, total receipts grew 3.1%.
The gross surplus of the restaurants industry accounted for 10.7% of total receipts, or 4.9 percentage points higher than the 5.8% figure seen in 2006. The value added of the industry, which is a measure of its contribution to the city's GDP, surged 30.5% to $33 billion.
Total receipts of hotels and boarding houses amounted to $26 billion. The gross surplus accounted for 34.8% of total receipts, or two percentage points higher than the 32.8% seen in 2006. Value added rose 11.1% to $17 billion.
In the retail trade total receipts amounted to $279 billion. The gross surplus accounted for 7.8% of total receipts, higher than the 7.1% seen in 2006. Value added grew 15.1% to $45 billion.
Total receipts of the wholesale trade amounted to $186 billion. The gross surplus accounted for 2.7% of total receipts, lower than the 3.3% seen in 2006. Value added fell 7.5% to $13 billion.
The import and export trade's total receipts reached $2.916 trillion. The gross surplus accounted for 7.7% of total receipts, or one percentage point higher than the 6.7% seen in 2006. Value added rose 8.2% to $340 billion.
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