17 December 2010
2010- n° 308In December 2010, the economic climate improves in manufacturing industry Monthly 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.
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.
tableautableau – 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
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
