In Q4 2012, Demand adressed to business leaders weakens againQuarterly business survey (goods-producing industries) - January 2012

In Q4 2011, global and export demand adressed to business leaders decreased: the corresponding balances fell and are well below their long-term average. The global and export demand outlook for Q1 2012 is still negative: the corresponding balances are below its long-term average.

Informations rapides
No 29
Paru le : 26/01/2012
Prochaine parution le : 24/10/2017 at 08:45 - October 2017

Manufacturing industry

In Q4 2011, global and export demand adressed to business leaders decreased: the corresponding balances fell and are well below their long-term average. The global and export demand outlook for Q1 2012 is still negative: the corresponding balances are below its long-term average.

Production capacity was less intensely used in Q4 2011: the proportion of businesses encountering production bottlenecks decreases but is still above its long-term average.

According to the business leaders, the industrial manpower slowed down anew in Q4 2011 : the corresponding balance decreased but remains above its long-term average. The industrial manpower could slow down again in Q1 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* Apr. 11 Jul. 11 Oct. 11 Jan. 12
Total demand
Recent changes 1 28 16 1 –12
Expected change 1 8 7 –6 –8
Export demand
Recent changes 3 44 16 –1 –11
Expected change 5 17 14 –4 2
Production factors
Share of firms producing at full capacity (in%) 22 25 25 33 26
Opinion on production capacity 14 5 5 9 18
Productive capacity utilization rate (in %) 85 83 83 83 82
Difficulties of supply and demand
Difficulties of supply and demand 7 9 8 11 10
Difficulties of supply 20 21 29 26 15
Difficulties of demand 42 30 30 32 41
  • * : Long period average.
  • Source : Quarterly business survey - INSEE

Graph1ang – Recent changes in demand

Graph3ang – Workforce in manufacturing industry

Graph4ang – Competitive position