The economic situation in services appears less deterioratedMonthly survey of services - July 2009

According to the business leaders questioned in July, the economic situation in services is less deteriorated: the synthetic indicator increases slightly.

Informations rapides
No 200
Paru le : 23/07/2009
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

According to the business leaders questioned in July, the economic situation in services is less deteriorated: the synthetic indicator increases slightly.

Business leaders consider that their activity dropped less sharply in the past few months, but they expect a stronger decline during the next months.

However, they believe demand should go down less markedly in the months to come. The general outlook in services becomes less and less deteriorated.

Graph1 – Business climate synthetic indicator

Graph2 – Activity

Tableau 1 – Economic outlook in the services sector

Balances of opinion, in %, seasonally adjusted
Economic outlook in the services sector
Average* Apr May Jun Jul
09 09 09 09
Business climate synthetic indicator 100 60 64 68 69
General outlook -3 -38 -32 -28 -26
Past activity 6 -29 -23 -25 -15
Expected activity 6 -25 -23 -16 -20
Past employment 4 -22 -23 -18 -18
except temporary work agencies 2 -12 -15 -13 -18
Expected employment 3 -26 -27 -20 -13
except temporary work agencies 1 -16 -18 -18 -15
Past selling prices -1 -16 -17 -16 -15
Expected selling prices 0 -16 -16 -15 -18
Past operating balance result 1 -24 -24
Expected operating balance result 1 -30 -23
Expected demand 2 -34 -20
  • * Average of the balances of opinion since 1988
  • Source: INSEE