In Ocober 2010, the economic climate continues to improve in manufacturing industryMonthly business survey (goods-producing industries) - October 2010

According to the business leaders questioned in October, the industrial economic situation in France improves noticeably : the business climate indicator increases by three points, ending up for the first time since June 2008 over its long term average. The turning point indicator stabilizes in the favorable area. Business leaders consider that their past activity increased slighly and has remained dynamic. However, the level of stocks of finished products is rated as lower than in September. At the same time, export orders books improves clearly and return to their long-term average level. Total order books are still rated as low.

Informations rapides
No 255
Paru le : 21/10/2010
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Manufacturing industry

According to the business leaders questioned in October, the industrial economic situation in France improves noticeably : the business climate indicator increases by three points, ending up for the first time since June 2008 over its long term average. The turning point indicator stabilizes in the favorable area. Business leaders consider that their past activity increased slighly and has remained dynamic. However, the level of stocks of finished products is rated as lower than in September. At the same time, export orders books improves clearly and return to their long-term average level. Total order books are still rated as low.

The personal production outlook for the next month recovers anew. It’s now at its highest level since mid-2008. The general production outlook, which represents business leaders’ opinion on French industry as a whole, is also progressing.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Jun. 10 Jul. 10 Sep. 10 Oct. 10
Synthetic index 100 96 97 99 102
Recent changes in output 5 20 19 10 13
Finished-goods inventory level 13 4 –1 3 –2
Demand and total order levels –17 –35 –30 –23 –23
Demand and export order levels –12 –32 –25 –19 –14
Personal production expectations 5 –7 –11 4 16
General production expectations –8 –4 –1 3 9
  • * : The average of the balances opinion since 1976.
  • Source : Monthly business survey - INSEE

Graphang1 – Industrial economic climate - Synthetic Index

Graphang2 – Turning-point indicator

Graphang3 – Business leaders' opinion (manufacturing industry)