In Q3 2011, Demand adressed to business leaders weakens markedlyQuarterly business survey (goods-producing industries) - October 2011

In Q3 2011, global and export demand adressed to business leaders slowed down: the corresponding balances decrease and are near to their long-term average. The global and export demand outlook for Q4 2011 deteriorate markedly: the corresponding balances are below its long-term average.

Informations rapides
No 264
Paru le : 26/10/2011
Prochaine parution le : 24/01/2018 at 08:45 - January 2018

Manufacturing industry

In Q3 2011, global and export demand adressed to business leaders slowed down: the corresponding balances decrease and are near to their long-term average. The global and export demand outlook for Q4 2011 deteriorate markedly: the corresponding balances are below its long-term average.

Production capacity was more intensely used in Q3 2011: the proportion of businesses encountering production bottlenecks increase, settling significantly above its long-term average.

According to the business leaders the industrial manpower slowed down in Q3 2011 : the corresponding balance decreased but remains above its long-term average. The industrial manpower could slow down again in Q4 2011.

tableau – Business leaders' opinion : Demand and production factors

Balance of opinion, s.a, in %
Business leaders' opinion : Demand and production factors
Manufacturing industry MOY* Jan. 11 Apr. 11 Jul. 11 Oct. 11
Total demand
Recent changes 1 23 28 16 2
Expected change 1 8 8 7 –6
Export demand
Recent changes 3 20 44 16 4
Expected change 5 26 17 14 –1
Production factors
Share of firms producing at full capacity (in%) 22 25 25 25 34
Opinion on production capacity 14 14 5 5 7
Productive capacity utilization rate (in %) 85 80 83 83 82
Difficulties of supply and demand
Difficulties of supply and demand 6 8 9 8 10
Difficulties of supply 20 22 21 29 25
Difficulties of demand 42 35 30 30 32
  • * : Long period average.
  • Source : Quarterly business survey - INSEE

Graph1ang – Recent changes in demand

Graph3ang – Workforce in manufacturing industry

Graph4ang – Competitive position