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- In July 2012, the business climate in manufacturing industry remains deteriorated
In July 2012, the business climate in manufacturing industry remains deteriorated
Manufacturing industry
According to the business leaders questioned in July 2012, the industrial economic situation remains deteriorated: the synthetic indicator decreases by one point, back to its early 2010 level.
The turning point indicator remains in the unfavorable area.
Business leaders consider that the rhythm of activity in manufacturing industry remains negatively oriented. Stocks of finished products are steady and are below their long-term average. Total order books are nearly steady and are rated as very low. Finally, export order books decreased significantly and are considered as very low.
Looking at the personal production outlook, which decreases by three points and is below their long-term average, activity in manufacturing industry would be unfavorable in the next months. The general production outlook, which represents business leaders’ opinion on French industry as a whole, weakens strongly and remains very below its long-term average.
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* | April 12 | May 12 | Jun. 12 | Jul. 12 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 95 | 93 | 91 | 90 |
| Recent changes in output | 5 | –3 | –3 | –7 | –9 |
| Finished-goods inventory level | 13 | 10 | 12 | 11 | 11 |
| Demand and total order levels | –17 | –22 | –29 | –33 | –30 |
| Demand and export order levels | –12 | –25 | –28 | –30 | –37 |
| Personal production expectations | 5 | –3 | –2 | –5 | –8 |
| General production expectations | –8 | –21 | –30 | –35 | –45 |
Informations
n° 180 - July 24, 2012
Monthly business survey (goods-producing industries) - July 2012
Next issue June 25, 2013 08:45 - June 2013
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For further information
- Historical data: monthly business survey (xls, 562 kB)
- Historical data are available on the BDM: G1262, G1263, G1264, G1265.
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