In January 2011, the economic climate improves significantly in manufacturing industryMonthly business survey (goods-producing industries) - January 2011

According to the business leaders questioned in January 2011, the situation in industry has improved significantly: the synthetic indicator of business climate is recovering strongly. It is now eight points above its long-term average.

Informations rapides
No 17
Paru le : 21/01/2011
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Manufacturing industry

According to the business leaders questioned in January 2011, the situation in industry has improved significantly: the synthetic indicator of business climate is recovering strongly. It is now eight points above its long-term average.

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. Order books, total and export, improve significantly and are now considered superior to their average levels.

The activity of next months would remain dynamic: the personal perspectives of production recovers, faced with a demand, total and foreign, in improvement. The general production outlook, which represents business leaders’ opinion on French industry as a whole, also remains positive.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Oct. 10 Nov. 10 Dec. 10 Jan. 11
Synthetic index 100 102 100 102 108
Recent changes in output 5 13 8 9 23
Finished-goods inventory level 13 –2 1 0 –3
Demand and total order levels –17 –24 –25 –17 –7
Demand and export order levels –12 –17 –15 –16 –10
Personal production expectations 5 16 6 13 16
General production expectations –8 8 8 10 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)