The economic situation in manufacturing industry continues to improveMonthly 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.

Informations rapides
No 195
Paru le : 22/10/2009
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

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..

Tableau 1 – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
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

Graphang1 – Industrial economic climate - Synthetic Index

Graphang2 – Turning-point indicator

Graphang3 – Business leaders' opinion (manufacturing industry)