24 May 2011
2011- n° 126In May 2011, the business climate indicator decreases slightly in manufacturing industry Monthly business survey (goods-producing industries) - May 2011
According to the business leaders questioned in May 2011, the situation in industry deteriorated: the business climate indicator decreases by two points, but stays above its long-term average.
Manufacturing industry
According to the business leaders questioned in May 2011, the situation in industry deteriorated: the business climate indicator decreases by two points, but stays above its long-term average.
The turning point indicator decreases and goes down to the unfavorable area from now on.
Business leaders consider that their past activity has slowed down, but the balance of opinion remains above its long-term average nevertheless. Stocks of finished products are still regarded as below to the normal. Total order books decrease just a little, but are rated as stronger. Export order books stay considered as heavy.
The activity of next months would slow down anew: the personal perspectives of production decreases again. The general production outlook, which represents business leaders’ opinion on French industry as a whole, deteriorates too.
tableautableau – Leaders' opinion: manufacturing industrial activity
| Manufacturing industry | Average* | Feb. 11 | Mar. 11 | Apr. 11 | May 11 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 106 | 110 | 109 | 107 |
| Recent changes in output | 5 | 19 | 18 | 25 | 19 |
| Finished-goods inventory level | 13 | –2 | 0 | 2 | 2 |
| Demand and total order levels | –17 | –17 | –3 | –2 | –8 |
| Demand and export order levels | –12 | –11 | –6 | –4 | –4 |
| Personal production expectations | 5 | 19 | 27 | 13 | 11 |
| General production expectations | –8 | 18 | 21 | 21 | 15 |
- * : 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
