In February 2011, the business climate indicator decreased slightly in manufacturing industryMonthly business survey (goods-producing industries) - February 2011

According to the business leaders questioned in February 2011, the situation in industry deteriorated slightly: the business climate indicator decreases a little. It places nevertheless above its long-term average.

Informations rapides
No 42
Paru le : 18/02/2011
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

Manufacturing industry

According to the business leaders questioned in February 2011, the situation in industry deteriorated slightly: the business climate indicator decreases a little. It places nevertheless above its long-term average.

The turning point indicator stabilizes in the favorable area.

Business leaders consider that their past activity has remained dynamic: the balance of opinion remains distinctly above its long-term average. Stocks of finished products are still regarded as below to the normal. Total order books decrease, coming back so to their long-term average. Export order books stay considered slightly superior to their average.

The activity of next months would remain dynamic: although edging down, the personal perspectives of production remains on a rather high level. The general production outlook, which represents business leaders’ opinion on French industry as a whole, improves again.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Nov. 10 Dec. 10 Jan. 11 Feb. 11
Synthetic index 100 100 102 108 106
Recent changes in output 5 8 9 20 21
Finished-goods inventory level 13 1 0 –4 –2
Demand and total order levels –17 –25 –17 –7 –17
Demand and export order levels –12 –15 –16 –10 –9
Personal production expectations 5 6 13 19 16
General production expectations –8 8 10 11 19
  • * : 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)