23 March 2010
2010- n° 329The French business climate is stable in March 2010 Business climate indicator and turning point indicator - March 2010
According to the business leaders of the main economic sectors, the French business climate remains stable in March 2010. The indicator stays around 91, that is 23 points above the minimum record reached in March 2009. It is still way under its long-term average. However, this stabilization hides differences among economic sectors : business leaders’ answers suggest an improvement in industry but a slowdown in services and retail trade.
According to the business leaders of the main economic sectors, the French business climate remains stable in March 2010. The indicator stays around 91, that is 23 points above the minimum record reached in March 2009. It is still way under its long-term average. However, this stabilization hides differences among economic sectors : business leaders’ answers suggest an improvement in industry but a slowdown in services and retail trade.
At the same time, the turning point indicator remains in the favourable zone for nine months in a row, after a year and a half in the unfavourable zone. This shows continuous signs of a coming recovery.
tableauTab_EN – Business climate and turning point indicators
| Nov. 09 | Déc. 09 | Jan. 10 | Fév. 10 | Mar.10 | |
|---|---|---|---|---|---|
| Business climates | |||||
| France | 88 | 87 | 90 | 91 | 91 |
| Industry | 90 | 89 | 92 | 91 | 94 |
| Wholesale trade | 79 | - | 87 | - | 88 |
| Building | 93 | 93 | 93 | 93 | 93 |
| Retail trade | 104 | 100 | 103 | 100 | 98 |
| Services | 86 | 86 | 88 | 89 | 87 |
| Turning point indicators | |||||
| France | 1,0 | 1,0 | 1,0 | 1,0 | 1,0 |
| Industry | –0,4 | –0,5 | 0,4 | 0,0 | 0,1 |
| Wholesale trade | 0,6 | - | 0,8 | - | 0,5 |
| Building | 0,9 | 0,8 | 0,8 | 0,9 | 0,8 |
- Source(s) : INSEE, Business tendency surveys
Documentation
Methodology (pdf,125 Ko)
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