20 February 2012
2012- n° 44In February 2012, the business climate in manufacturing industry is stable Monthly business survey (goods-producing industries) - February 2012
According to the business leaders questioned in February 2012, the industrial economic situation is stable compared to January : the synthetic indicator stays at its January’s level.
Manufacturing industry
According to the business leaders questioned in February 2012, the industrial economic situation is stable compared to January : the synthetic indicator stays at its January’s level.
The turning point indicator remains in the unfavorable area .
Business leaders consider that their past activity slowed down. Stocks of finished products are stable. Total and export orders stop degrading but stay comparatively low.
Looking at the personal production outlook, which carries out a light progression, activity in manufacturing industry would remain weak in the next months. The general production outlook, which represents business leaders’ opinion on French industry as a whole, improves slightly but stays below its long-term average.
tableautableau – Leaders' opinion: manufacturing industrial activity
| Manufacturing industry | Average* | Nov. 11 | Dec. 11 | Jan. 12 | Feb. 12 |
|---|---|---|---|---|---|
| Synthetic index | 100 | 96 | 94 | 92 | 92 |
| Recent changes in output | 5 | 4 | –5 | –6 | –9 |
| Finished-goods inventory level | 13 | 18 | 15 | 16 | 15 |
| Demand and total order levels | –17 | –17 | –26 | –28 | –26 |
| Demand and export order levels | –12 | –25 | –20 | –26 | –33 |
| Personal production expectations | 5 | –5 | –1 | –5 | –2 |
| General production expectations | –8 | –35 | –36 | –36 | –27 |
- * : The average of the balances opinion since 1976.
- Source : Monthly business survey - INSEE
graphiqueGraphang1 – Industrial economic climate - Synthetic Index
graphiqueGraphang2 – Turning-point indicator
graphiqueGraphang3 – Business leaders' opinion (manufacturing industry)
Documentation
Methodology (pdf,133 Ko)
Pour en savoir plus
Time series : Industry - Activity and demand
