Stabilization of the French business climate in February 2010Business climate indicator and turning point indicator - February 2010

According to the business leaders of the main economic sectors, the French business climate remains stable in February 2010. The indicator stays around 90, that is 22 points above the minimum record reached in March 2009. It is still way under its long-term average. Indeed, in all economic sectors but retail which slows down slightly, business leaders’ answers do suggest a stabilization in the French economic climate.

Informations rapides
No 329
Paru le : 19/02/2010
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 February 2010. The indicator stays around 90, that is 22 points above the minimum record reached in March 2009. It is still way under its long-term average. Indeed, in all economic sectors but retail which slows down slightly, 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 eight months in a row, after a year and a half in the unfavourable zone. This shows continuous signs of a coming recovery.

Tab_EN – Business climate and turning point indicators

Business climate and turning point indicators
Oct. 09 Nov. 09 Dec. 09 Jan. 10 Feb. 10
Business climates
France 86 88 87 90 90
Industry 89 90 89 91 91
Wholesale trade - 79 - 83 -
Building 93 93 93 93 93
Retail trade 97 104 100 103 100
Services 85 86 86 88 89
Turning point indicators
France 1,0 1,0 1,0 1,0 1,0
Industry 0,6 –0,4 –0,5 0,4 –0,2
Wholesale trade - 0,6 - 0,4 -
Building 0,9 0,9 0,8 0,8 0,7
  • Source(s) : INSEE, Business tendency surveys

Documentation

Methodology (pdf, 125 Ko)