According to the business leaders questioned in September 2011, the situation in industry continues to deteriorate: the synthetic indicator weakens by six points and is just below its long-term average.
The turning point indicator, decreasing, goes down to the unfavorable area .
Business leaders consider that their past activity has slowed down anew in manufacturing industry, but the balance of opinion stays just above its long-term average however. Stocks of finished products rise and are rated near to their normal level. Total and export order books continue to decrease and are rated near to their normal level.
The personal perspectives of production stay near to their long-term average. The general production outlook, which represents business leaders’ opinion on French industry as a whole, weakens very strongly.
Industrial economic climate - Synthetic Index

Turning-point indicator

Business leaders' opinion (manufacturing industry)

| Balance of opinion, s.a, in % | |||||
| * : The average of the balances opinion since 1976. | |||||
| Source : Monthly business survey - INSEE | |||||
| Manufacturing industry | Average* | May 11 | Jun. 11 | Jul. 11 | Sept. 11 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 106 | 110 | 105 | 99 |
| Recent changes in output | 5 | 19 | 28 | 15 | 6 |
| Finished-goods inventory level | 13 | –1 | –0 | 1 | 11 |
| Demand and total order levels | –17 | –9 | –3 | –10 | –17 |
| Demand and export order levels | –12 | –3 | 2 | –5 | –11 |
| Personal production expectations | 5 | 9 | 16 | 6 | 4 |
| General production expectations | –8 | 15 | 13 | 3 | –29 |
n° 225 - September 23, 2011
Monthly business survey (goods-producing industries) - September 2011
Next issue May 24, 2013 08:45 - May 2013
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