In May 2011, the business climate indicator decreases slightly in manufacturing industryMonthly 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.

Informations rapides
No 126
Paru le : 24/05/2011
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

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.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
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

Graphang1 – Industrial economic climate - Synthetic Index

Graphang2 – Turning-point indicator

Graphang3 – Business leaders' opinion (manufacturing industry)