The French business climate remains stable in December 2009Business climate indicator and turning point indicator - December 2009

According to the business leaders of the main economic sectors, the French business climate remains stable in December 2009. The indicator remains around 87 as in November. That is 19 points above the minimum record reached in March 2009. It is still way under its long-term average. Indeed, in all economic sectors, business leaders’ answers do suggest a stabilization in the French economic climate.

Informations rapides
No 329
Paru le : 18/12/2009
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

According to the business leaders of the main economic sectors, the French business climate remains stable in December 2009. The indicator remains around 87 as in November. That is 19 points above the minimum record reached in March 2009. It is still way under its long-term average. Indeed, in all economic sectors, business leaders’ answers do suggest a stabilization in the French economic climate.

At the same time, the turning point indicator remains in the favourable zone for six months in a row, after a year and a half in the unfavourable zone. This shows continuous signs of a coming recovery, mainly driven this month in building and services.

Tab_EN – Business climate and turning point indicators

Business climate and turning point indicators
Jul. 09 Sep. 09 Oct. 09 Nov. 09 Dec. 09
Business climates
France 76 83 86 87 87
Industry 79 86 89 90 89
Wholesale trade 74 79 - 75 -
Building 91 93 93 93 93
Retail trade 88 95 97 104 100
Services 70 79 85 86 87
Turning point indicators
France 1,0 1,0 1,0 1,0 1,0
Industry 0,8 0,5 0,6 –0,4 –0,5
Wholesale trade –0,4 0,6 - 0,4 -
Building –1,0 1,0 0,9 0,9 0,8
  • Source: INSEE, Business tendency surveys

Documentation

Methodology (pdf, 125 Ko)