Demand adressed to manufacturing industry remains dynamic in Q1 2010Quarterly business survey (goods-producing industries) - April 2010

Global demand adressed to business leaders continued to increase in Q1 2010: the balance of opinion stays upper its long-term average, althought its decreased against Q4 2009. Looking at business leader’s expectations, demand would improve anew in Q2 2010. At the same time, export demand slowed down in Q1 2010. It could slow down again in the next three months.

Informations rapides
No 110
Paru le : 23/04/2010
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

Warning : Business surveys are now published according to the French economic activities and products classification, NAF rev. 2..

Manufacturing industry

Global demand adressed to business leaders continued to increase in Q1 2010: the balance of opinion stays upper its long-term average, although it is inferior to Q4 2009. Looking at business leader’s expectations, demand will improve anew in Q2 2010.

At the same time, export demand slowed down in Q1 2010. It could slow down again in the next three months.

In Q1 2010, production capacity was used as much as in Q4 2009: the proportion of businesses encountering production bottlenecks places near its long term level.

According to business leaders, the fall in industrial manpower attenuated in Q1 2010. They expect the decline in employment to be still less marked over the next three months.

tableau – Business leaders' opinion : Demand and production factors

Balance of opinion, s.a, in %
Business leaders' opinion : Demand and production factors
Manufacturing industry MOY* Jul. 09 Oct. 09 Jan. 10 Apr. 10
Total demand
Recent changes 0 –19 –10 14 8
Expected change 1 –9 –1 0 4
Export demand
Recent changes 3 –36 –8 13 3
Expected change 4 –11 3 –12 –3
Production factors
Share of firms producing at full capacity (in%) 22 9 12 23 23
Opinion on production capacity 14 35 41 26 13
Productive capacity utilization rate (in %) 86 73 75 74 76
Difficulties of supply and demand
Difficulties of supply and demand 6 15 9 9 9
Difficulties of supply 20 7 7 7 17
Difficulties of demand 43 63 68 64 53
  • * : Long period average.
  • Source : Quarterly business survey - INSEE

Graph1ang – Recent changes in demand

Graph3ang – Workforce in manufacturing industry

Graph4ang – Competitive position