22 July 2011
2011- n° 181In July 2011, the business climate indicator deteriorates in manufacturing industry Monthly business survey (goods-producing industries) - July 2011
According to the business leaders questioned in July 2011, the situation in industry deteriorated: the business climate indicator decreases by five points. It stays above its long-term average nevertheless.
Manufacturing industry
According to the business leaders questioned in July 2011, the situation in industry deteriorated: the business climate indicator decreases by five points. It stays above its long-term average nevertheless.
The turning point indicator, decreasing, goes down to the unfavorable area .
Business leaders consider that their past activity has slowed down noticeably, but the balance of opinion stays above its long-term average however. Stocks of finished products remain regarded as below to the normal. Total and export order books decrease, but stay rated as stronger still.
The activity of next months could slow down again: the personal perspectives of production decreases in july. It remains above its long-term average however. The general production outlook, which represents business leaders’ opinion on French industry as a whole, deteriorates again.
tableautableau – Leaders' opinion: manufacturing industrial activity
Manufacturing industry | Average* | Avr. 11 | May 11 | Jun. 11 | Jul. 11 |
---|---|---|---|---|---|
Synthetic index | 100 | 109 | 106 | 110 | 105 |
Recent changes in output | 5 | 25 | 19 | 28 | 15 |
Finished-goods inventory level | 13 | 2 | –1 | –0 | –1 |
Demand and total order levels | –17 | –2 | –9 | –3 | –11 |
Demand and export order levels | –12 | –4 | –3 | 2 | –8 |
Personal production expectations | 5 | 13 | 9 | 16 | 8 |
General production expectations | –8 | 21 | 15 | 13 | 3 |
- * : 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