The economic situation in manufacturing industry improves anewMonthly business survey (goods-producing industries) - September 2009

According to the business leaders questioned in September, the industrial economic situation in France continues to improve: the business climate indicator increases for the sixth month in a row. The turning point indicator stabilizes in the favorable area.

Informations rapides
No 195
Paru le : 23/09/2009
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Manufacturing industry

According to the business leaders questioned in September, the industrial economic situation in France continues to improve: the business climate indicator increases for the sixth month in a row. The turning point indicator stabilizes in the favorable area.

They are more and more business leaders who consider that their past activity rised in manufacturing industry. Stocks of finished goods decrease again and are rated inferior to their long-term average from now on. Total and export books grow slightly but are still considered as very low.

The personal production outlook for the next months continues to increase. The general production outlook, which represents business leader’s opinion on French industry as a whole, rises too.

Tableau 1 – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* MAY09 JUN09 JUL09 SEP09
Synthetic index 100 74 77 79 85
Recent changes in output 4 -48 -41 -34 -17
Finished-goods inventory level 14 13 12 5 0
Demand and total order levels -18 -69 -69 -68 -59
Demand and export order levels -13 -69 -67 -66 -56
Personal production expectations 4 -28 -18 -16 -11
General production expectations -9 -50 -40 -39 -16
  • * : The average of the balances opinion since 1976.
  • Source : Monthly business survey - INSEE

Graphang1 – Industrial economic climate - Synthetic Index

Graphang2 – Turning-point indicator

Graphang3 – Business leaders' opinion (manufacturing industry)