In September 2011, the economic climate in services is significantly deterioratingMonthly survey of services - September 2011

According to the business leaders surveyed in September, the economic situation in services is deteriorating. The business climate synthetic indicator drops by eight points compared with July, and is 95. He stands now below its long-term average. The turning point indicator indicates an unfavourable economic situation.

Informations rapides
No 229
Paru le : 23/09/2011
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

According to the business leaders surveyed in September, the economic situation in services is deteriorating. The business climate synthetic indicator drops by eight points compared with July, and is 95. He stands now below its long-term average. The turning point indicator indicates an unfavourable economic situation.

Activity is slowing down in the recent period and business leaders consider that activity should continue to decrease in the months to come.

The general outlook drops by twelve points compared with July and stands now below its long-term average.

Graph1 – Business climate synthetic indicator

graph_retourn – Turning point indicator

  • Note: close to 1 (respectively -1), this indicator indicates a favourable short-term economic situation (respectively unfavourable).

Graph2 – Activity

Table_quarter – Economic outlook in the services sector

Balances of opinion, in %, seasonally adjusted
Economic outlook in the services sector
Average* May 11 June 11 July 11 Sept. 11
Business climate synthetic indicator 100 107 107 103 95
General outlook –5 2 3 2 –10
Past activity 4 7 10 10 3
Expected activity 4 10 9 2 –2
Expected demand 2 7 7 1 –5
Business situation 1 6 4 7 –2
Past selling prices –2 4 0 1 –2
Expected selling prices –1 5 0 –2 –1
Past employment 4 13 14 8 6
except temporary work agencies 1 7 8 6 0
Expected employment 3 11 7 11 14
except temporary work agencies 1 6 6 5 3
Investments
Past investments 2 8 7 6 2
Expected investments 2 9 8 5 7
  • * Average of the balances of opinion since 1988
  • Source: Insee