Fall of demand adressed to business leaders in Q2 2012Quarterly business survey (goods-producing industries) - July 2012

In Q2 2012, global and export demand adressed to business leaders sharply decreased: the corresponding balances are very below their long-term average. For Q3 2012, the global and export demand outlook are negatively oriented: : the corresponding balances are below their long-term average.

Informations rapides
No 188
Paru le : 25/07/2012
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

Manufacturing industry

In Q2 2012, global and export demand adressed to business leaders sharply decreased: the corresponding balances are very below their long-term average. For Q3 2012, the global and export demand outlook are negatively oriented: : the corresponding balances are below their long-term average.

Production capacity was used nearly in Q2 2012 as the same rate in Q1 2012: the proportion of businesses encountering production bottlenecks decreases slightly but remains above its long-term average.

According to the business leaders, the industrial manpower slowed down in Q2 2012 : the corresponding balance weakened but remains above its long-term average. The industrial manpower could slow down anew in Q3 2012.

tableau – Business leaders' opinion : Demand and production factors

Balance of opinion, s.a, in %
Business leaders' opinion : Demand and production factors
Manufacturing industry MOY* Oct. 11 Jan. 12 April 12 Jul. 12
Total demand
Recent changes 1 3 –5 –2 –24
Expected change 1 –4 –4 4 –14
Export demand
Recent changes 3 3 –3 2 –19
Expected change 4 –1 2 –3 –11
Production factors
Share of firms producing at full capacity (in%) 22 30 27 28 27
Opinion on production capacity 14 11 19 22 24
Productive capacity utilization rate (in %) 85 83 81 81 80
Difficulties of supply and demand
Difficulties of supply and demand 7 11 9 9 9
Difficulties of supply 20 28 15 14 12
Difficulties of demand 43 32 40 47 45
  • * : Long period average.
  • Source : Quarterly business survey - INSEE

Graph1ang – Recent changes in demand

Graph3ang – Workforce in manufacturing industry

Graph4ang – Competitive position