In December 2010, the economic climate improves in manufacturing industryMonthly business survey (goods-producing industries) - December 2010

According to the business leaders questioned in December, the industrial economic situation in France improved: The business climate indicator increases by three points, ending up over its long term average. He now finds its level of mid-2008.

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No 308
Paru le : 17/12/2010
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

Manufacturing industry

According to the business leaders questioned in December, the industrial economic situation in France improved: The business climate indicator increases by three points, ending up over its long term average. He now finds its level of mid-2008.

The turning point indicator is in the neutral area, indicating an economic uncertainty.

Business leaders consider that their past activity increased substantially to a level well above its long-term average. Stocks of finished products are still regarded as below to the normal. Total orders books improve clearly and the corresponding balance is for the first time since mid-2008 above its long-term average. However, export order books remain rated as low.

In front of a demand, in particular global, which improves, the personal production outlook for the next months recovers slightly. 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* Sep. 10 Oct. 10 Nov. 10 Dec. 10
Synthetic index 100 99 102 100 103
Recent changes in output 5 10 13 8 12
Finished-goods inventory level 13 3 –2 1 1
Demand and total order levels –17 –23 –24 –25 –15
Demand and export order levels –12 –19 –17 –15 –15
Personal production expectations 5 4 16 6 8
General production expectations –8 3 8 8 10
  • * : 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)