Slower business-creation growth in 2008
In 2008, the number of businesses started in France’s non-farm market sectors continued to rise, but at a distinctly slower rate of 1.8%. However, the pace of business creation remained brisk in the business-services sector and very high in the education-health-welfare sector, while accelerating sharply in the food industry. By contrast, business creation declined in construction and wholesale/retail trade, as well as in technological-innovation sectors. The number of new firms rose in two-thirds of French regions in 2008. The replacement rate of existing units in the production system is higher in southern France, which registers the highest business-creation rates. Nearly one in two new units is an incorporated enterprise. Eighty-seven percent of enterprises created in 2008 had no employees. The sectors posting the highest proportion of new enterprises with no employees are education-health-welfare and real estate.