The improvement in economic climat marks time in manufacturing industryMonthly business survey (goods-producing industries) - December 2009

According to the business leaders questioned in December, the industrial economic situation in France stabilized anew. The business climate indicator remains below its long term average. The turning point indicator goes down to the unfavorable area.

Informations rapides
No 325
Paru le : 18/12/2009
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Manufacturing industry

According to the business leaders questioned in December, the industrial economic situation in France stabilized anew. The business climate indicator remains below its long term average. The turning point indicator goes down to the unfavorable area.

Business leaders’s opinion on their past activity is near its long-term average from now on. Stocks of finished goods remain rated very inferior to their long-term. However order books, total and export, are still considered as very low. In particular, export order books’ level decrease noticeably in December.

The personal production outlook is lower as november: business leaders anticipate a small slowdown in industrial activity in the next months. The general production outlook, which represents business leaders’ opinion on French industry as a whole, decrease too but remains near its long-term average.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Set. 09 Oct. 09 Nov. 09 Dec. 09
Synthetic index 100 86 89 90 89
Recent changes in output 4 –16 –11 –2 –0
Finished-goods inventory level 14 0 2 3 2
Demand and total order levels –18 –59 –55 –56 –57
Demand and export order levels –13 –57 –49 –51 –58
Personal production expectations 4 –6 –3 –4 –7
General production expectations –9 –16 –10 –9 –11
  • * : 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)