Production capacity more intensely used in Q3 2009 in manufacturing industryQuarterly business survey (goods-producing industries) - October 2009

According to the business leaders questioned to the quarterly survey of October 2009, the balance of opinion regarding global demand continued to improve. Looking at business leader’s expectations, It would improve again in Q4 2009.

Informations rapides
No n°
Paru le : 27/10/2009
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

Manufacturing industry

According to the business leaders questioned to the quarterly survey of October 2009, the balance of opinion regarding global demand continued to improve. Looking at business leader’s expectations, It would improve again in Q4 2009.

The balance of opinion regarding export demand increased more strongly, and reached its long term average. It woud remain near this level in the next three month.

Production capacity was sligthly more intensely used in Q3 2009: the proportion of businesses encountering production bottlenecks improve for the first time since the end of 2007.

According to the business leaders, the fall of industrial manpower attenuated in Q3 2009. Looking at business leader’s expectations, the decline in employment is expected to be less marked again over the next three months.

Tableau 1 – Business leaders' opinion : Demand and production factors

Balance of opinion, s.a, in %
Business leaders' opinion : Demand and production factors
Manufacturing industry MOY* Jan. 09 Apr. 09 Jul. 09 Oct. 09
Total demand
Recent changes 0 -52 -58 -36 -15
Expected change 0 -44 -37 -18 -9
Export demand
Recent changes 2 -54 -61 -39 1
Expected change 4 -45 -33 -7 0
Production factors
Share of firms producing at full capacity (in%) 21 21 11 7 14
Opinion on production capacity 16 35 40 35 37
Productive capacity utilization rate (in %) 84 75 70 71 73
Difficulties of supply and demand
Difficulties of supply and demand 6 11 14 15 12
Difficulties of supply 23 9 6 6 7
Difficulties of demand 43 57 62 62 63
  • * : Long period average.
  • Source : Quarterly business survey - INSEE

Graph1ang – Recent changes in demand

Graph3ang – Workforce in manufacturing industry

Graph4ang – Competitive position