22 October 2009
2009- n° 195The economic situation in manufacturing industry continues to improve Monthly business survey (goods-producing industries) - October 2009
According to the business leaders questioned in October, the industrial economic situation in France improves anew: the business climate indicator increases for the seventh month in a row. The turning point indicator stabilizes in the favorable area.
Manufacturing industry
According to the business leaders questioned in October, the industrial economic situation in France improves anew: the business climate indicator increases for the seventh month in a row. The turning point indicator stabilizes in the favorable area.
There are more and more business leaders who consider that their past activity rised in manufacturing industry. Stocks of finished goods remain rated inferior to their long-term average from now on. Order books, notably the export ones, grow again, but are still considered as 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, improves anew..
tableauTableau 1 – Leaders' opinion: manufacturing industrial activity
Manufacturing industry | Average* | Jun. 09 | Jul. 09 | Sep. 09 | Oct. 09 |
---|---|---|---|---|---|
Synthetic index | 100 | 77 | 79 | 86 | 89 |
Recent changes in output | 4 | -41 | -34 | -16 | -11 |
Finished-goods inventory level | 14 | 12 | 5 | 0 | 1 |
Demand and total order levels | -18 | -69 | -68 | -59 | -55 |
Demand and export order levels | -13 | -67 | -66 | -57 | -49 |
Personal production expectations | 4 | -18 | -16 | -6 | -2 |
General production expectations | -9 | -40 | -39 | -16 | -11 |
- * : The average of the balances of opinion since 1976.
- Source : Monthly business survey - INSEE
graphiqueGraphang1 – Industrial economic climate - Synthetic Index
graphiqueGraphang2 – Turning-point indicator
graphiqueGraphang3 – Business leaders' opinion (manufacturing industry)
Documentation
Methodology (pdf,133 Ko)
Pour en savoir plus
Time series : Industry - Activity and demand