19 February 2010
2010- n° 46In February 2010, the economic climate stabilizes in manufacturing industry Monthly business survey (goods-producing industries) - February 2010
According to the business leaders questioned in February, the industrial economic situation in France stabilized: the business climate indicator remains below its long-term average. The turning point indicator decreases and goes down to the neutral area, indicating an economic uncertainty.
Manufacturing industry
According to the business leaders questioned in February, the industrial economic situation in France stabilized: the business climate indicator remains below its long-term average. The turning point indicator decreases and goes down to the neutral area, indicating an economic uncertainty.
Business leaders consider that their past activity stabilized near its long-term average. Stocks of finished goods remain rated inferior to their long-term average. Total order books stay below their long-term level, just as export order books, which decrease anew.
The personal production outlook for the next months remains low. The general production outlook, which represents business leaders’ opinion on French industry as a whole, stays upper its long-term average.
tableautableau – Leaders' opinion: manufacturing industrial activity
| Manufacturing industry | Average* | Nov. 09 | Déc. 09 | Jan. 10 | Feb. 10 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 90 | 89 | 91 | 91 |
| Recent changes in output | 4 | –2 | –2 | 2 | 3 |
| Finished-goods inventory level | 14 | 3 | 2 | 0 | 0 |
| Demand and total order levels | –19 | –56 | –57 | –52 | –52 |
| Demand and export order levels | –14 | –51 | –58 | –48 | –53 |
| Personal production expectations | 4 | –4 | –8 | –5 | –6 |
| General production expectations | –9 | –9 | –11 | –5 | –5 |
- * : 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
