In October 2013, the business remains almost stable in servicesMonthly survey of services - October 2013

According to business managers, the economic situation in services remains almost stable in October 2013. The business climate composite indicator has lost one point, and is 93. The turning point indicator still indicates a favorable economic outlook dynamic. Business managers consider that the decline in their activity has weakened significantly over the last few months. However, their business expectations for the next three months remains pessimistic. The balance on the general outlook, which traces the assessment of business leaders across the sector remains below its long-term average.

Informations rapides
No 244
Paru le : 23/10/2013
Prochaine parution le : 21/12/2017 at 08:45 - December 2017

All services sector

According to business managers, the economic situation in services remains almost stable in October 2013. The business climate composite indicator has lost one point, and is 93. The turning point indicator still indicates a favorable economic outlook dynamic. Business managers consider that the decline in their activity has weakened significantly over the last few months. However, their business expectations for the next three months remains pessimistic. The balance on the general outlook, which traces the assessment of business leaders across the sector remains below its long-term average.

Business leaders believe that their operating balance result is still degraded in the recent period, and their expectations for the coming months remain dull.

Expectations of employment are recovering

Expectations of business managers are stabilizing near their long-term average but are still sluggish in services sector except temporary employment agencies.

Graph1 – Composite indicator

graph_retourn – Turning point indicator

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

Table_quarter – Economic outlook in the services sector

Balances of opinion, in %, seasonally adjusted
Economic outlook in the services sector
Average* July 13 Aug. 13 Sept. 13 Oct. 13
Composite indicator 100 86 89 94 93
General outlook –7 –22 –20 –15 –14
Past activity 3 –16 –16 –12 –7
Expected activity 2 –14 –11 –6 –7
Expected demand 0 –13 –8 –2 –2
Business situation –2 –13 –14 –10 –10
Past selling prices –3 –12 –11 –10 –11
Expected selling prices –2 –13 –10 –10 –10
Past employment 3 –6 –7 –1 –4
except temporary work agencies 1 –5 –11 –6 –7
Expected employment 2 –7 –4 –1 0
except temporary work agencies 0 –10 –7 –8 –7
Investments
Past investments 1 –5 –5 –5 –4
Expected investments 1 1 –1 1 0
Operating balance result
Past result –1 –8 –13
Expected result –1 –16 –10
Cash position –11 –16 –15
Difficulties of supply and demand
difficulties of supply and demand 10 12 12
difficulties of supply only 22 17 16
difficulties of demand only 31 39 37
Difficulties in recruitment 29 16 17
  • * Average of the balances of opinion since 1988
  • Source: Insee

Road transport

In road freight and mail activities, business managers assess that activity was less degraded in the last months than in previous months. Their expectations of activity are improving.

Accommodation and food service activities

In accommodation and food service activities, business managers judgment on past activity is stable. However, their business expectations for the coming months are more favorable.

Information and communication

In information and communication, business managers indicate that activity has improved over the last few months, but their expectations of activity for the next months are deteriorating.

Real estate activities

In real estate activities, business managers believe that activity has slowed down in recent months. However, they revise upwards their expectations of business for the coming months.

Professional, scientific and technical activities

In professional, scientific and technical activities, more business managers than in September estimate that activity has slightly picked up in the recent period. They continue to anticipate a decline in activity in the months to come.

Administrative and support service activities

In administrative and support service activities, business managers indicate that activity has recovered in the recent period. They revise their expectations of activity upward for the next few months. They continue to predict a rise in employment.

graph_bonus_ – Expected activity

Table_det – Detailed data

Balances of opinion, in %, seasonally adjusted
Detailed data
A21 Average* July 13 Aug. 13 Sept. 13 Oct. 13
(H) Road transport
Past activity –8 –31 –21 –19 –7
Expected activity –9 –24 –21 –10 –5
Expected demand –13 –29 –21 –13 –6
Past employment –8 –9 –8 –11 –7
Expected employment –11 –17 –15 –11 –6
(I) Accommodation and food service activities
Past activity –7 –19 –21 –19 –21
Expected activity –7 –27 –26 –21 –10
Expected demand –9 –31 –27 –14 –8
Past employment –4 –11 –22 –11 –13
Expected employment –5 –13 –17 –13 –13
(J) Information and communication
Past activity 11 –24 –33 –28 –9
Expected activity 12 –16 –12 –3 –22
Expected demand 12 0 0 11 6
Past employment 7 –7 –11 –16 –10
Expected employment 12 –11 –7 –5 –1
(L) Real estate activities
Past activity 7 –2 2 4 0
Expected activity 8 –1 0 3 6
Expected demand 2 –4 –4 0 2
Past employment 3 1 –5 –1 –4
Expected employment 2 –5 1 –5 –3
(M) Professional, scientific and technical activities
Past activity –1 –14 –13 –9 –4
Expected activity –2 –16 –9 –11 –11
Expected demand –5 –21 –13 –12 –10
Past employment 1 –4 –6 –6 –6
Expected employment 0 –6 –5 –7 –4
(N) Administrative and support service activities
Past activity 6 –11 –8 –3 3
Expected activity 5 –6 –3 2 7
Expected demand 3 –8 3 1 1
Past employment 8 –6 1 13 2
Expected employment 6 2 8 13 11
  • * Average of the balances of opinion since 1988 (2006 for road transport)