23 November 2010
2010- n° 282In november 2010, the business climate indicator decreased slightly in manufacturing
industry Monthly business survey (goods-producing industries) - November 2010
According to the business leaders questioned in November, the industrial economic situation in France deteriorated slightly : the business climate indicator decreases a little. It places now at its long-term average.
Manufacturing industry
According to the business leaders questioned in November, the industrial economic situation in France deteriorated slightly : the business climate indicator decreases a little. It places now at its long-term average.
The turning point indicator goes down to the neutral area, indicating an economic uncertainty.
Business leaders consider that their past activity slowed down noticeably in November, after being very dynamic since last April. the level of stocks of finished products are considered less light than in October but remained at a low level. Total order books decrease again and are still considered as very low. However, export order books improve and approch their long term average.
Although declining, the personal production outlook for the next month remain at a higt level. The general production outlook, which represents business leaders’ opinion on French industry as a whole, also remains positive.
tableautableau – Leaders' opinion: manufacturing industrial activity
| Manufacturing industry | Average* | Jul. 10 | Sep. 10 | Oct. 10 | Nov. 10 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 97 | 99 | 102 | 100 |
| Recent changes in output | 5 | 19 | 10 | 13 | 7 |
| Finished-goods inventory level | 13 | –1 | 3 | –2 | 0 |
| Demand and total order levels | –17 | –30 | –23 | –24 | –28 |
| Demand and export order levels | –12 | –25 | –19 | –17 | –14 |
| Personal production expectations | 5 | –11 | 4 | 16 | 11 |
| General production expectations | –8 | –1 | 3 | 8 | 8 |
- * : 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
