In february 2013, the business climate is deteriorating in servicesMonthly survey of services - Fébruary 2013

According to the business leaders surveyed in february 2013, the business climate in services was deteriorating. The synthetic indicator dropped by four points and is 86, well below its long-term average. Business leaders consider that activity remained deteriorated over the recent period. Their expectations of activity for the coming months are pessimistic. The general outlook remained well below its long-term average. The turning point indicator tends to indicate a favorable economic situation’s dynamic, however it has to be confirmed in the next months.

Informations rapides
No 41
Paru le : 20/02/2013
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

According to the business leaders surveyed in february 2013, the business climate in services was deteriorating. The synthetic indicator dropped by four points and is 86, well below its long-term average. Business leaders consider that activity remained deteriorated over the recent period. Their expectations of activity for the coming months are pessimistic. The general outlook remained well below its long-term average. The turning point indicator tends to indicate a favorable economic situation’s dynamic, however it has to be confirmed in the next months.

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* Nov. 12 Dec. 12 Jan. 13 Feb. 13
Business climate synthetic indicator 100 86 87 90 86
General outlook –6 –22 –21 –22 –24
Past activity 3 –9 –8 –13 –14
Expected activity 3 –12 –12 –6 –9
Expected demand 0 –13 –12 –11 –13
Business situation –1 –15 –15 –15 –15
Past selling prices –3 –10 –9 –12 –14
Expected selling prices –1 –9 –9 –11 –10
Past employment 3 –8 –7 –6 –13
except temporary work agencies 1 –6 –5 0 –4
Expected employment 2 –7 –9 –9 –11
except temporary work agencies 0 –8 –9 –7 –10
Investments
Past investments 2 –6 1 1 –4
Expected investments 1 0 1 –5 –6
  • * Average of the balances of opinion since 1988
  • Source: Insee