In February 2012, the economic climate in services remains stableMonthly survey of services - February 2012

According to the business leaders surveyed in February 2012, the economic situation in services is stable. The business climate synthetic indicator keep unchanged and is 91. He stands below its long-term average. The turning point indicator continues to indicate an unfavourable economic situation.

Informations rapides
No 47
Paru le : 20/02/2012
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

According to the business leaders surveyed in February 2012, the economic situation in services is stable. The business climate synthetic indicator keep unchanged and is 91. He stands below its long-term average. The turning point indicator continues to indicate an unfavourable economic situation.

The business leaders consider that their activity grew at the same pace during the last few months, but they remain pessimistic in their expectations.

The general outlook is unchanged but remains below its long-term average.

Graph1 – Business climate synthetic indicator

graph_retourn – Turning point indicator

  • Note: close to 1 (respectively -1), this indicator indicates a favourable short-term economic situation (respectively unfavourable).

Graph2 – Activity

Table_quarter – Economic outlook in the services sector

Balances of opinion, in %, seasonally adjusted
Economic outlook in the services sector
Average* Nov. 11 Dec. 11 Jan. 12 Feb. 12
Business climate synthetic indicator 100 92 91 91 91
General outlook –5 –15 –17 –19 –19
Past activity 4 –1 –1 2 2
Expected activity 4 –3 –3 –7 –8
Expected demand 1 –6 –6 –13 –14
Business situation 1 –6 –7 –5 –5
Past selling prices –2 –4 –4 –3 –3
Expected selling prices –1 –4 –2 1 –2
Past employment 4 8 11 8 7
except temporary work agencies 1 –1 2 –2 2
Expected employment 3 4 1 –3 –6
except temporary work agencies 0 –1 –4 –3 –5
Investments
Past investments 2 6 5 2 4
Expected investments 2 –2 0 3 1
  • * Average of the balances of opinion since 1988
  • Source: Insee