23 July 2009
2009 - n° 195The economic situation in manufacturing industry improved slightly Monthly business survey (goods-producing industries) - July 2009
According to the business leaders questioned in July, the industrial economic situation in France improve slightly: the business climate indicator increases for the fourth month in a row but still remains at a low level. The turning point indicator stabilizes in the favorable area.
Manufacturing industry
According to the business leaders questioned in July, the industrial economic situation in France improve slightly: the business climate indicator increases for the fourth month in a row but still remains at a low level. The turning point indicator stabilizes in the favorable area.
Business leaders consider that the drop of their past activity reduced slightly again in manufacturing industry. Stocks of finished goods decrease and are rated inferior to their long-term average. Nevertheless, total and export books are still considered as very low.
Looking at the personal production outlook, the fall-off in manufacturing industry would go on in the next months, but on a more moderate rythm. The general production outlook, which represents business leader’s opinion on French industry as a whole, remains negative.
tableau Tableau 1 – Leaders' opinion: manufacturing industrial activity
Manufacturing industry | Average* | APR09 | MAY09 | JUN09 | JUL09 |
---|---|---|---|---|---|
Synthetic index | 100 | 71 | 73 | 76 | 78 |
Recent changes in output | 4 | -54 | -48 | -41 | -38 |
Finished-goods inventory level | 15 | 21 | 13 | 12 | 7 |
Demand and total order levels | -18 | -69 | -69 | -69 | -68 |
Demand and export order levels | -13 | -67 | -69 | -67 | -65 |
Personal production expectations | 4 | -34 | -28 | -18 | -14 |
General production expectations | -9 | -57 | -50 | -40 | -40 |
- * : The average of the balances opinion since 1976.
- Source : Monthly business survey - INSEE
graphique Graphang1 – Industrial economic climate - Synthetic Index

graphique Graphang2 – Turning-point indicator

graphique Graphang3 – Business leaders' opinion (manufacturing industry)

Documentation
Methodology (pdf, 133 Ko)
Pour en savoir plus
Time series : Industry - Activity and demand