In December 2012, the business climate in manufacturing industryremains deterioratedMonthly business survey (goods-producing industries) - December 2012

According to the business leaders questioned in December 2012, the industrial economic situation remains deteriorated in spite of a slightly improvement of the synthetic indicator which increases in one point: in fact, it remains very below its long-term average.

Informations rapides
No 310
Paru le : 21/12/2012
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Manufacturing industry

According to the business leaders questioned in December 2012, the industrial economic situation remains deteriorated in spite of a slightly improvement of the synthetic indicator which increases in one point: in fact, it remains very below its long-term average.

The turning point indicator remains in the neutral area.

Business leaders consider that the rhythm of activity is less deteriorated: the balance of opinion increases markedly but remains very low.

Looking at the personal production outlook, the business leaders remain pessimistic about their future activity.

Total order books which decreased slightly and export order books which are rated as nearly steady remain considered as very low.

The general production outlook, which represents business leaders’ opinion on French industry as a whole, improved; this balance of opinion increases but its level remains very low.

Stocks of finished products decrease slightly and their level is rated as near their long-term average.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Sept. 12 Oct. 12 Nov. 12 Dec. 12
Synthetic index 100 90 85 88 89
Recent changes in output 5 –21 –23 –16 –10
Finished-goods inventory level 13 7 17 15 12
Demand and total order levels –17 –28 –41 –34 –37
Demand and export order levels –13 –27 –38 –35 –36
Personal production expectations 5 –5 –9 –7 –9
General production expectations –9 –52 –55 –42 –38
  • * : The average of the balances opinion since 1976.
  • Source : Monthly business survey - INSEE

Graphang1 – Industrial economic climate - Synthetic Index

Graphang2 – Turning-point indicator

Graphang3 – Business leaders' opinion (manufacturing industry)