In October 2009, the economic climate in services continues to improveMonthly survey of services - october 2009

According to the business leaders questioned in October, the economic situation in services becomes more favourable: the synthetic indicator rose by five points since September.

Informations rapides
No 274
Paru le : 22/10/2009
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

According to the business leaders questioned in October, the economic situation in services becomes more favourable: the synthetic indicator rose by five points since September.

The business leaders surveyed consider that their activity kept increasing, though less strongly than in the past few months. According to them, the activity should continue to increase at the same pace in the months to come.

They expect an expansion of demand in the next few months: the corresponding balance of opinion rose sharply since July. The general outlook in services becomes more favourable.

The operating balance result went down less markedly in the last few months. It should continue to decrease in the next months.

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* June 09 July 09 Sept. 09 Oct. 09
Business climate synthetic indicator 100 68 70 79 84
General outlook -4 -28 -26 -18 -14
Past activity 6 -25 -13 -5 -8
Expected activity 5 -16 -18 -11 -7
Past employment 4 -18 -15 -16 -2
except temporary work agencies 2 -13 -14 -9 -7
Expected employment 3 -20 -13 -15 -11
except temporary work agencies 1 -18 -15 -10 -11
Past selling prices -1 -16 -15 -17 -18
Expected selling prices 0 -15 -19 -13 -14
Past operating balance result 1 -23 -9
Expected operating balance result 1 -21 -13
Expected demand 2 -19 -3
  • * Average of the balances of opinion since 1988
  • Source: Insee