23 April 2020
2020- n° 101In April 2020, the production capacity utilisation rate has fallen drastically Quarterly business survey (goods-producing industries) - April 2020
In April 2020, the production capacity utilisation rate in industry has fallen to 67%, while many factories have been temporarily shut down because of general lockdown.
Given the context of the fight against the spread of COVID-19, the statistics published in this issue of Informations Rapides may be less accurate than usual.
Companies’ responses were collected between 25 March and 17 April 2020, during general lockdown, solely online and without any reminder. Consequently, the response rate is lower this month than usual. Given the usual non-response completion design, relying on past answers for non-responding firms, it is possible that some indicators are overestimated in this publication.
The production capacity rate has fallen steeply
In April 2020, the production capacity utilisation rate in industry has fallen to 67%, while many factories have been temporarily shut down because of general lockdown. It is the lowest level ever seen since the beginning of the series in 1976. The fall concerns all sub-sectors but is somewhat lesser in the agro-food industry, where the production capacity utilisation rate stands at 75%.
tableauProduction capacity utilisation rate
| Production capacity utilisation rate | |
|---|---|
| 1998-Q1 | 83.0 |
| 1998-Q2 | 83.3 |
| 1998-Q3 | 84.6 |
| 1998-Q4 | 83.3 |
| 1999-Q1 | 84.0 |
| 1999-Q2 | 83.0 |
| 1999-Q3 | 83.5 |
| 1999-Q4 | 84.3 |
| 2000-Q1 | 83.8 |
| 2000-Q2 | 85.0 |
| 2000-Q3 | 85.5 |
| 2000-Q4 | 86.1 |
| 2001-Q1 | 86.2 |
| 2001-Q2 | 85.8 |
| 2001-Q3 | 84.9 |
| 2001-Q4 | 84.2 |
| 2002-Q1 | 84.1 |
| 2002-Q2 | 85.0 |
| 2002-Q3 | 84.1 |
| 2002-Q4 | 83.3 |
| 2003-Q1 | 83.4 |
| 2003-Q2 | 82.7 |
| 2003-Q3 | 82.6 |
| 2003-Q4 | 82.2 |
| 2004-Q1 | 82.7 |
| 2004-Q2 | 82.6 |
| 2004-Q3 | 82.8 |
| 2004-Q4 | 82.9 |
| 2005-Q1 | 82.7 |
| 2005-Q2 | 82.6 |
| 2005-Q3 | 82.8 |
| 2005-Q4 | 82.4 |
| 2006-Q1 | 83.4 |
| 2006-Q2 | 84.2 |
| 2006-Q3 | 85.1 |
| 2006-Q4 | 85.6 |
| 2007-Q1 | 84.8 |
| 2007-Q2 | 85.9 |
| 2007-Q3 | 85.9 |
| 2007-Q4 | 86.7 |
| 2008-Q1 | 86.4 |
| 2008-Q2 | 85.5 |
| 2008-Q3 | 84.9 |
| 2008-Q4 | 83.2 |
| 2009-Q1 | 75.4 |
| 2009-Q2 | 72.2 |
| 2009-Q3 | 73.3 |
| 2009-Q4 | 75.4 |
| 2010-Q1 | 75.2 |
| 2010-Q2 | 77.5 |
| 2010-Q3 | 77.9 |
| 2010-Q4 | 79.5 |
| 2011-Q1 | 80.7 |
| 2011-Q2 | 82.6 |
| 2011-Q3 | 82.5 |
| 2011-Q4 | 82.6 |
| 2012-Q1 | 81.3 |
| 2012-Q2 | 81.4 |
| 2012-Q3 | 80.5 |
| 2012-Q4 | 80.4 |
| 2013-Q1 | 80.9 |
| 2013-Q2 | 80.4 |
| 2013-Q3 | 80.2 |
| 2013-Q4 | 80.4 |
| 2014-Q1 | 80.7 |
| 2014-Q2 | 80.5 |
| 2014-Q3 | 81.9 |
| 2014-Q4 | 80.8 |
| 2015-Q1 | 80.8 |
| 2015-Q2 | 82.3 |
| 2015-Q3 | 82.0 |
| 2015-Q4 | 82.3 |
| 2016-Q1 | 81.0 |
| 2016-Q2 | 82.3 |
| 2016-Q3 | 83.5 |
| 2016-Q4 | 83.0 |
| 2017-Q1 | 84.0 |
| 2017-Q2 | 83.8 |
| 2017-Q3 | 84.6 |
| 2017-Q4 | 84.6 |
| 2018-Q1 | 85.9 |
| 2018-Q2 | 85.3 |
| 2018-Q3 | 85.4 |
| 2018-Q4 | 85.1 |
| 2019-Q1 | 84.9 |
| 2019-Q2 | 84.6 |
| 2019-Q3 | 83.7 |
| 2019-Q4 | 83.1 |
| 2020-Q1 | 82.8 |
| 2020-Q2 | 66.8 |
graphiqueProduction capacity utilisation rate
- Source: INSEE
Demand prospects have markedly decreased
In April 2020, the industrialists’ balance of opinion on past variation in demand, overall and abroad, have markedly deteriorated and fallen back to their 2013 levels. The balances of opinion on demand prospects, overall and abroad, have dived to −25, a level that had been reached only twice, in 1993 and in 2008-2009.
Furthermore, despite the current difficulties in production, a larger share of industrialists than in January have considered their production capacity to be sufficient with regards to the likely evolution of order books in the next months.
A larger share of industrialists have reported that they have encountered supply and demand difficulties, often citing the COVID-19 pandemic as a factor limiting their production (see Focus in the Economic Outlook of 23 April 2020)
tableauOpinion on global demand
| Past change | Expected change | |
|---|---|---|
| 1998-Q1 | 26.6 | 14.4 |
| 1998-Q2 | 18.6 | 12.4 |
| 1998-Q3 | 18.0 | 11.9 |
| 1998-Q4 | 11.9 | 0.3 |
| 1999-Q1 | 4.5 | -1.3 |
| 1999-Q2 | -1.7 | 2.4 |
| 1999-Q3 | 13.2 | 11.9 |
| 1999-Q4 | 23.8 | 21.9 |
| 2000-Q1 | 30.3 | 15.1 |
| 2000-Q2 | 32.7 | 18.1 |
| 2000-Q3 | 28.6 | 20.4 |
| 2000-Q4 | 33.2 | 22.7 |
| 2001-Q1 | 11.9 | 15.3 |
| 2001-Q2 | 9.1 | 2.8 |
| 2001-Q3 | -0.4 | 1.1 |
| 2001-Q4 | -12.1 | -13.3 |
| 2002-Q1 | -23.8 | -4.6 |
| 2002-Q2 | -10.4 | 5.4 |
| 2002-Q3 | -8.0 | -1.8 |
| 2002-Q4 | -19.2 | -6.6 |
| 2003-Q1 | -6.3 | -1.6 |
| 2003-Q2 | -22.0 | -10.8 |
| 2003-Q3 | -19.8 | -7.8 |
| 2003-Q4 | -9.1 | 1.4 |
| 2004-Q1 | 0.1 | 7.5 |
| 2004-Q2 | 10.0 | 9.1 |
| 2004-Q3 | 12.8 | 10.1 |
| 2004-Q4 | 8.5 | 14.4 |
| 2005-Q1 | 16.9 | 6.3 |
| 2005-Q2 | -3.6 | 1.3 |
| 2005-Q3 | 2.0 | 5.5 |
| 2005-Q4 | 2.5 | 10.0 |
| 2006-Q1 | 14.8 | 7.4 |
| 2006-Q2 | 16.4 | 12.9 |
| 2006-Q3 | 13.1 | 9.4 |
| 2006-Q4 | 15.9 | 13.7 |
| 2007-Q1 | 13.2 | 10.6 |
| 2007-Q2 | 17.4 | 10.3 |
| 2007-Q3 | 23.1 | 14.6 |
| 2007-Q4 | 17.7 | 16.0 |
| 2008-Q1 | 16.5 | 13.8 |
| 2008-Q2 | 14.7 | 9.0 |
| 2008-Q3 | -8.3 | -13.1 |
| 2008-Q4 | -21.7 | -24.3 |
| 2009-Q1 | -42.2 | -36.4 |
| 2009-Q2 | -53.1 | -27.7 |
| 2009-Q3 | -23.4 | -11.8 |
| 2009-Q4 | -12.0 | -1.8 |
| 2010-Q1 | 9.4 | -0.1 |
| 2010-Q2 | 6.3 | 2.1 |
| 2010-Q3 | 18.3 | 1.3 |
| 2010-Q4 | 17.3 | 10.9 |
| 2011-Q1 | 25.0 | 10.1 |
| 2011-Q2 | 20.8 | 8.6 |
| 2011-Q3 | 14.5 | 6.3 |
| 2011-Q4 | 0.7 | -4.1 |
| 2012-Q1 | -4.4 | -7.4 |
| 2012-Q2 | -2.7 | 3.4 |
| 2012-Q3 | -16.0 | -9.5 |
| 2012-Q4 | -16.8 | -7.5 |
| 2013-Q1 | -15.5 | -8.2 |
| 2013-Q2 | -24.2 | -4.3 |
| 2013-Q3 | -10.5 | -5.1 |
| 2013-Q4 | -2.1 | 1.6 |
| 2014-Q1 | 2.7 | 2.7 |
| 2014-Q2 | 6.2 | 6.4 |
| 2014-Q3 | -5.7 | 3.6 |
| 2014-Q4 | -2.1 | 3.4 |
| 2015-Q1 | -3.8 | 0.7 |
| 2015-Q2 | 4.1 | 6.5 |
| 2015-Q3 | 1.2 | 5.1 |
| 2015-Q4 | 5.4 | 6.8 |
| 2016-Q1 | 2.0 | 3.9 |
| 2016-Q2 | 12.9 | 7.7 |
| 2016-Q3 | 11.7 | 4.8 |
| 2016-Q4 | 4.5 | 7.4 |
| 2017-Q1 | 11.5 | 7.3 |
| 2017-Q2 | 10.4 | 8.9 |
| 2017-Q3 | 16.2 | 11.1 |
| 2017-Q4 | 18.8 | 17.1 |
| 2018-Q1 | 21.1 | 16.2 |
| 2018-Q2 | 17.6 | 13.8 |
| 2018-Q3 | 9.5 | 9.0 |
| 2018-Q4 | -0.8 | 7.0 |
| 2019-Q1 | 1.7 | 11.1 |
| 2019-Q2 | 2.7 | 4.0 |
| 2019-Q3 | -1.6 | 2.5 |
| 2019-Q4 | 3.4 | -0.1 |
| 2020-Q1 | -2.6 | 5.2 |
| 2020-Q2 | -17.3 | -24.8 |
graphiqueOpinion on global demand
- Source: INSEE.
tableauIndustrialists’ opinion : demand and production factors
| Manufacturing industry | Mean | July 19 | Oct. 19 | Jan. 20 | Apr. 20 |
|---|---|---|---|---|---|
| Overall demand | |||||
| Past change | 0 | -2 | 3 | -3 | -17 |
| Expected change | 2 | 3 | 0 | 5 | -25 |
| Foreign demand | |||||
| Past change | 2 | -1 | 7 | -4 | -20 |
| Expected change | 4 | 1 | -4 | 6 | -25 |
| Production factors | |||||
| Production bottlenecks (in %) | 23 | 35 | 30 | 37 | 36 |
| Assessment of productive capacity | 13 | 4 | 3 | 9 | 19 |
| Production capacity utilisation rate (in %) | 82,9 | 83,7 | 83,1 | 82,8 | 67 |
| Difficulties of supply and demand (in %) | |||||
| Difficulties of supply and demand | 8 | 9 | 9 | 12 | 18 |
| Difficulties of supply only | 20 | 25 | 26 | 26 | 30 |
| Difficulties of demand only | 42 | 28 | 26 | 23 | 22 |
- * : Long-term average since 1976, expect for supply and demand (since 1991).
- The results of the latest survey are preliminary
- Sources : Insee – Quarterly business survey in industry
Deteriorated employment and prices prospects
Following demand outlook, the balance of opinion on the expected change in workforce size has sharply fallen back to below its long-term average. The balances of opinion related to past and expected prices, already low, have deteriorated.
The balance of opinion regarding general exports prospects has collapsed to its lowest level since the beginning of the survey.
Industrialists are expecting a fall in cash-flow
The balances of opinion regarding the current and recent development of cash-flow has fallen down. The balance of opinion regarding cash-flow development over the next three months has decreased markedly. It has lost 30 points over a quarter, while it had lost about 40 points between July 2008 and January 2009, then reaching the lowest level of the series, that was then biannual.
tableauOpinion on workforce size in the manufacturing industry
| Expected change | Past change | |
|---|---|---|
| 1998-01 | -6.5 | -1.5 |
| 1998-02 | NaN | NaN |
| 1998-03 | NaN | NaN |
| 1998-04 | -6.1 | 1.9 |
| 1998-05 | NaN | NaN |
| 1998-06 | NaN | NaN |
| 1998-07 | -5.3 | 1.0 |
| 1998-08 | NaN | NaN |
| 1998-09 | NaN | NaN |
| 1998-10 | -6.6 | -1.7 |
| 1998-11 | NaN | NaN |
| 1998-12 | NaN | NaN |
| 1999-01 | -7.2 | -4.4 |
| 1999-02 | NaN | NaN |
| 1999-03 | NaN | NaN |
| 1999-04 | -8.7 | -7.5 |
| 1999-05 | NaN | NaN |
| 1999-06 | NaN | NaN |
| 1999-07 | -5.6 | -6.7 |
| 1999-08 | NaN | NaN |
| 1999-09 | NaN | NaN |
| 1999-10 | 1.6 | 7.1 |
| 1999-11 | NaN | NaN |
| 1999-12 | NaN | NaN |
| 2000-01 | 7.1 | 5.9 |
| 2000-02 | NaN | NaN |
| 2000-03 | NaN | NaN |
| 2000-04 | 6.1 | 6.4 |
| 2000-05 | NaN | NaN |
| 2000-06 | NaN | NaN |
| 2000-07 | 10.8 | 13.8 |
| 2000-08 | NaN | NaN |
| 2000-09 | NaN | NaN |
| 2000-10 | 13.0 | 15.6 |
| 2000-11 | NaN | NaN |
| 2000-12 | NaN | NaN |
| 2001-01 | 9.9 | 17.6 |
| 2001-02 | NaN | NaN |
| 2001-03 | NaN | NaN |
| 2001-04 | 6.2 | 9.6 |
| 2001-05 | NaN | NaN |
| 2001-06 | NaN | NaN |
| 2001-07 | 0.5 | 6.8 |
| 2001-08 | NaN | NaN |
| 2001-09 | NaN | NaN |
| 2001-10 | -10.4 | 0.0 |
| 2001-11 | NaN | NaN |
| 2001-12 | NaN | NaN |
| 2002-01 | -11.9 | -8.6 |
| 2002-02 | NaN | NaN |
| 2002-03 | NaN | NaN |
| 2002-04 | -8.1 | -9.0 |
| 2002-05 | NaN | NaN |
| 2002-06 | NaN | NaN |
| 2002-07 | -7.1 | -9.6 |
| 2002-08 | NaN | NaN |
| 2002-09 | NaN | NaN |
| 2002-10 | -13.4 | -12.7 |
| 2002-11 | NaN | NaN |
| 2002-12 | NaN | NaN |
| 2003-01 | -10.0 | -15.3 |
| 2003-02 | -17.9 | -16.4 |
| 2003-03 | -17.7 | -14.3 |
| 2003-04 | -18.1 | -13.5 |
| 2003-05 | -17.8 | -17.7 |
| 2003-06 | -23.2 | -15.8 |
| 2003-07 | -21.5 | -18.1 |
| 2003-08 | -21.5 | -17.0 |
| 2003-09 | -21.7 | -16.2 |
| 2003-10 | -20.1 | -19.1 |
| 2003-11 | -21.0 | -18.9 |
| 2003-12 | -21.4 | -18.5 |
| 2004-01 | -16.7 | -17.1 |
| 2004-02 | -18.1 | -15.6 |
| 2004-03 | -14.3 | -15.4 |
| 2004-04 | -12.7 | -13.9 |
| 2004-05 | -11.1 | -13.9 |
| 2004-06 | -12.8 | -13.6 |
| 2004-07 | -12.6 | -12.5 |
| 2004-08 | -12.0 | -11.7 |
| 2004-09 | -11.8 | -10.9 |
| 2004-10 | -11.7 | -10.1 |
| 2004-11 | -15.7 | -9.0 |
| 2004-12 | -16.1 | -12.3 |
| 2005-01 | -15.3 | -10.7 |
| 2005-02 | -15.8 | -12.2 |
| 2005-03 | -13.0 | -12.7 |
| 2005-04 | -16.9 | -15.4 |
| 2005-05 | -16.8 | -13.2 |
| 2005-06 | -15.0 | -12.3 |
| 2005-07 | -12.4 | -12.7 |
| 2005-08 | -12.2 | -12.4 |
| 2005-09 | -12.7 | -12.1 |
| 2005-10 | -14.2 | -10.2 |
| 2005-11 | -11.4 | -9.6 |
| 2005-12 | -12.1 | -9.5 |
| 2006-01 | -12.4 | -9.5 |
| 2006-02 | -9.5 | -9.5 |
| 2006-03 | -8.7 | -7.5 |
| 2006-04 | -8.1 | -7.6 |
| 2006-05 | -7.7 | -5.8 |
| 2006-06 | -7.5 | -3.4 |
| 2006-07 | -5.8 | -2.9 |
| 2006-08 | -5.6 | -3.0 |
| 2006-09 | -6.7 | -3.1 |
| 2006-10 | -6.0 | -0.7 |
| 2006-11 | -5.6 | -4.4 |
| 2006-12 | -4.5 | -4.4 |
| 2007-01 | -3.0 | -4.9 |
| 2007-02 | -3.3 | -1.1 |
| 2007-03 | -3.8 | -0.5 |
| 2007-04 | -2.1 | 1.9 |
| 2007-05 | -1.7 | 2.4 |
| 2007-06 | -1.7 | 2.2 |
| 2007-07 | -3.4 | 0.6 |
| 2007-08 | -0.9 | 1.0 |
| 2007-09 | -0.5 | 1.2 |
| 2007-10 | 2.0 | 2.9 |
| 2007-11 | 2.4 | 3.6 |
| 2007-12 | 2.3 | 4.4 |
| 2008-01 | 1.8 | 5.3 |
| 2008-02 | 1.1 | 2.9 |
| 2008-03 | -0.1 | 5.4 |
| 2008-04 | 0.0 | 3.5 |
| 2008-05 | -4.8 | -0.4 |
| 2008-06 | -6.4 | -2.2 |
| 2008-07 | -9.0 | -3.4 |
| 2008-08 | -12.6 | -5.3 |
| 2008-09 | -15.2 | -7.1 |
| 2008-10 | -18.2 | -8.1 |
| 2008-11 | -29.2 | -19.0 |
| 2008-12 | -37.2 | -23.7 |
| 2009-01 | -35.1 | -25.4 |
| 2009-02 | -38.3 | -31.2 |
| 2009-03 | -40.8 | -33.5 |
| 2009-04 | -37.7 | -34.5 |
| 2009-05 | -35.5 | -38.2 |
| 2009-06 | -35.5 | -38.5 |
| 2009-07 | -30.1 | -38.2 |
| 2009-08 | -28.4 | -31.9 |
| 2009-09 | -27.7 | -33.6 |
| 2009-10 | -25.4 | -31.0 |
| 2009-11 | -22.5 | -26.5 |
| 2009-12 | -21.7 | -25.1 |
| 2010-01 | -18.7 | -23.8 |
| 2010-02 | -18.0 | -21.1 |
| 2010-03 | -17.4 | -19.7 |
| 2010-04 | -15.9 | -18.6 |
| 2010-05 | -12.2 | -12.8 |
| 2010-06 | -10.2 | -10.0 |
| 2010-07 | -9.2 | -9.5 |
| 2010-08 | -9.2 | -7.5 |
| 2010-09 | -2.9 | -6.5 |
| 2010-10 | -3.1 | -3.6 |
| 2010-11 | -1.4 | 0.3 |
| 2010-12 | 0.8 | 0.0 |
| 2011-01 | 1.4 | -0.6 |
| 2011-02 | 3.4 | 1.9 |
| 2011-03 | 5.0 | 6.6 |
| 2011-04 | 2.0 | 6.8 |
| 2011-05 | 4.3 | 8.4 |
| 2011-06 | 7.3 | 11.6 |
| 2011-07 | 4.0 | 9.2 |
| 2011-08 | -2.1 | 5.7 |
| 2011-09 | -3.8 | -0.2 |
| 2011-10 | -7.2 | 2.0 |
| 2011-11 | -8.1 | 0.0 |
| 2011-12 | -12.7 | -0.6 |
| 2012-01 | -7.6 | -2.3 |
| 2012-02 | -9.9 | -5.5 |
| 2012-03 | -7.2 | -2.7 |
| 2012-04 | -7.6 | -3.4 |
| 2012-05 | -10.9 | -4.5 |
| 2012-06 | -12.6 | -6.5 |
| 2012-07 | -12.1 | -6.5 |
| 2012-08 | -15.4 | -9.7 |
| 2012-09 | -20.3 | -14.2 |
| 2012-10 | -16.9 | -10.5 |
| 2012-11 | -20.0 | -16.6 |
| 2012-12 | -18.9 | -16.2 |
| 2013-01 | -13.6 | -11.8 |
| 2013-02 | -18.2 | -15.3 |
| 2013-03 | -20.7 | -16.5 |
| 2013-04 | -15.2 | -12.2 |
| 2013-05 | -19.2 | -15.7 |
| 2013-06 | -20.9 | -17.5 |
| 2013-07 | -16.1 | -13.5 |
| 2013-08 | -16.5 | -15.1 |
| 2013-09 | -15.6 | -12.6 |
| 2013-10 | -12.0 | -12.2 |
| 2013-11 | -13.8 | -12.7 |
| 2013-12 | -11.4 | -9.6 |
| 2014-01 | -12.1 | -10.1 |
| 2014-02 | -13.1 | -11.2 |
| 2014-03 | -12.1 | -10.7 |
| 2014-04 | -11.7 | -9.4 |
| 2014-05 | -11.4 | -8.1 |
| 2014-06 | -12.2 | -9.4 |
| 2014-07 | -10.3 | -5.7 |
| 2014-08 | -12.7 | -9.5 |
| 2014-09 | -13.6 | -9.4 |
| 2014-10 | -12.6 | -10.1 |
| 2014-11 | -13.5 | -10.9 |
| 2014-12 | -12.8 | -13.0 |
| 2015-01 | -12.9 | -11.5 |
| 2015-02 | -11.4 | -11.9 |
| 2015-03 | -10.5 | -9.8 |
| 2015-04 | -9.8 | -8.2 |
| 2015-05 | -10.5 | -8.1 |
| 2015-06 | -8.9 | -9.0 |
| 2015-07 | -9.6 | -8.1 |
| 2015-08 | -8.9 | -7.0 |
| 2015-09 | -6.7 | -7.8 |
| 2015-10 | -8.6 | -7.7 |
| 2015-11 | -4.6 | -6.1 |
| 2015-12 | -6.9 | -8.7 |
| 2016-01 | -6.1 | -7.2 |
| 2016-02 | -7.6 | -7.4 |
| 2016-03 | -6.2 | -5.8 |
| 2016-04 | -7.6 | -6.3 |
| 2016-05 | -6.2 | -4.4 |
| 2016-06 | -6.3 | -5.2 |
| 2016-07 | -7.1 | -6.5 |
| 2016-08 | -8.8 | -4.5 |
| 2016-09 | -4.9 | -7.2 |
| 2016-10 | -3.4 | -5.5 |
| 2016-11 | -3.3 | -3.4 |
| 2016-12 | -3.1 | -0.5 |
| 2017-01 | -5.6 | -4.0 |
| 2017-02 | -3.5 | -1.3 |
| 2017-03 | -2.0 | 0.5 |
| 2017-04 | -4.1 | -3.0 |
| 2017-05 | -2.4 | -1.2 |
| 2017-06 | -3.3 | -1.3 |
| 2017-07 | -1.5 | 0.2 |
| 2017-08 | -0.8 | -0.7 |
| 2017-09 | 0.0 | -1.5 |
| 2017-10 | 0.8 | 2.4 |
| 2017-11 | 3.5 | 2.1 |
| 2017-12 | 1.6 | 5.7 |
| 2018-01 | 2.9 | 4.4 |
| 2018-02 | 4.6 | 4.0 |
| 2018-03 | 4.8 | 3.3 |
| 2018-04 | 3.8 | 3.6 |
| 2018-05 | 3.2 | 3.6 |
| 2018-06 | 3.8 | 3.1 |
| 2018-07 | 1.0 | 2.8 |
| 2018-08 | 1.8 | 0.5 |
| 2018-09 | 1.9 | 2.2 |
| 2018-10 | 0.5 | 0.3 |
| 2018-11 | -0.4 | -1.6 |
| 2018-12 | 4.2 | 1.3 |
| 2019-01 | 0.1 | -0.1 |
| 2019-02 | 0.1 | 0.7 |
| 2019-03 | 0.4 | 2.4 |
| 2019-04 | 1.9 | 6.2 |
| 2019-05 | 0.3 | 2.2 |
| 2019-06 | -1.2 | 1.1 |
| 2019-07 | -1.8 | 1.2 |
| 2019-08 | -0.7 | 0.5 |
| 2019-09 | 2.5 | 3.1 |
| 2019-10 | -2.2 | -1.1 |
| 2019-11 | -1.3 | -1.4 |
| 2019-12 | -0.2 | -2.3 |
| 2020-01 | -2.4 | -2.8 |
| 2020-02 | -2.2 | -1.9 |
| 2020-03 | -4.6 | -3.1 |
| 2020-04 | -19.1 | -8.2 |
graphiqueOpinion on workforce size in the manufacturing industry
- Source: INSEE.
tableauIndustrialists’ opinion : employment, competitive position, cash-flow and selling prices
| Manufacturing industry | Mean | July 19 | Oct. 19 | Jan. 20 | Apr. 20 |
|---|---|---|---|---|---|
| Workforce size | |||||
| Past change | -10 | 1 | -1 | -3 | -8 |
| Expected change | -12 | -2 | -2 | -2 | -19 |
| Hiring difficulties (in %) | 30 | 51 | 49 | 48 | 44 |
| Selling prices and cash-flow | |||||
| Past change in selling prices | 0,1 | -0,4 | 0 | 0 | -0,7 |
| Expected change in selling prices | 0,2 | 0 | 0 | -0,1 | -1 |
| Cash-flow problems (in %) | 14 | 11 | 11 | 11 | 15 |
| Competitive position | |||||
| On the domestic market | 1 | 0 | 3 | -1 | -4 |
| On foreign markets inside EU | -1 | -6 | -9 | -4 | -10 |
| On foreign markets outside EU | -2 | -6 | -7 | -1 | -11 |
| General exportation expectations | -9 | -7 | -8 | -7 | -79 |
- * : Long-term average since 1991, except for workforce change (since 1976) and for competitive position by market (since 1997).
- The results of the latest survey are preliminary
- A quantitative question is asked about selling prices.
- Source : Insee – Quarterly business survey in industry
For further information
The quarterly questions complete the monthly survey published in the version dated 23 April 2020, especially as regards demand and production factors.
A balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab on this page.
Next issue: 23 July 2020 at 8:45 am
Documentation
Abbreviated methodology (pdf,174 Ko)
Pour en savoir plus
The quarterly questions complete the monthly survey published in the version dated 23 April 2020, especially as regards demand and production factors.
A balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab on this page.
Next issue: 23 July 2020 at 8:45 am
Time series : Industry
