13 December 2013

2013- n° 285

Sligth decrease in business start-ups in November 2013 Enterprise births - November 2013

Warning : From September 2013 data onwards, the seasonal and working-day adjustment model has been modified, for monthly business start-up data. Previously, only the time series for business set-ups excluding self-managed enterprises were seasonally adjusted. The self-managed enterprises time series were too short to be properly deseasonalized. From now on, the self-managed enterprises time series are seasonaly adjusted for each main sector. However, for the self-managed enterprises time series in the sectors of “Financial and insurance activities”, “Real estate” and “Trade, transport, accommodation and catering” , the raw data are similar to seasonally adjusted data, due to a low number of registrations and difficulty identifying a seasonal trend.

In November 2013, the number of business start-ups dipped sligthly compared to October: -0.1% for business setting up seasonally and working-day adjusted data (sa-wda) including self-managed enterprises. The increase in business start-ups excluding self-managed enterprises (+1.1% sa-wda) partly compensate the decrease in self-managed enterprises (-1.2% sa-wda).

The amount of entries added up in the last quarter increased sligthly compared to the same quarter one year before (+0.3%).

The sectors that most contributed to that rise were education, health, social work and business support activities.

During the last twelve months, the number of business start-ups decreased by 4.0% year-on-year.

In November 2013, 51.3% businesses sets up were self-managed enterprises.