26 May 2010
2010- n° 133In May 2010, economic climates’ improvement continues in manufacturing industry Monthly business survey (goods-producing industries) - May 2010
According to the business leaders questioned in May, the industrial economic situation in France continues to improve: the business climate indicator increases by one point, coming close to its long-term average. However, the turning point indicator stays to the neutral area, indicating an economic uncertainty.
Warning : Business surveys are now published according to the French economic activities and products classification, NAF rev. 2..
Manufacturing industry
According to the business leaders questioned in May, the industrial economic situation in France continues to improve: the business climate indicator increases by one point, coming close to its long-term average. However, the turning point indicator stays to the neutral area, indicating an economic uncertainty.
Business leaders consider that their past activity has remained dynamic in manufacturing industry, still above its long-term average.
Stocks of finished goods increase noticeably but stay light. Order books continue to increase but remain low.
The personal production outlook for the next month is still near its long-term average. The general production outlook, which represents business leaders’ opinion on French industry as a whole, degrades, but stays above its long-term average.
tableautableau – Leaders' opinion: manufacturing industrial activity
| Manufacturing industry | Average* | Feb. 10 | Mars 10 | Apr. 10 | May 10 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 90 | 93 | 96 | 97 |
| Recent changes in output | 5 | 1 | 5 | 21 | 22 |
| Finished-goods inventory level | 13 | –2 | –7 | –4 | 5 |
| Demand and total order levels | –17 | –48 | –43 | –38 | –33 |
| Demand and export order levels | –12 | –49 | –41 | –46 | –43 |
| Personal production expectations | 5 | –1 | 5 | 6 | 4 |
| General production expectations | –8 | 1 | –3 | 8 | –3 |
- * : The average of the balances 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
