In November 2011, the economic climate in services is deterioratingMonthly survey of services - November 2011

According to the business leaders surveyed in November, the economic situation in services is deteriorating. The business climate synthetic indicator drops by two points compared with October, and is 92. He stands below its long-term average. The turning point indicator continues to indicate an unfavourable economic situation.

Publications for experts
Informations rapides – No 285
Paru le : 11/23/2011
Prochaine parution le : 12/16/2016 at 08:45 - December 2016

According to the business leaders surveyed in November, the economic situation in services is deteriorating. The business climate synthetic indicator drops by two points compared with October, and is 92. He stands below its long-term average. The turning point indicator continues to indicate an unfavourable economic situation.

Business leaders are slightly less pessimistic about their activity of the last few months, but they consider that activity should decrease in the months to come.

The general outlook continues to deteriorate and is now -14.

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* July 11 Sept. 11 Oct. 11 Nov. 11
Business climate synthetic indicator 100 103 95 94 92
General outlook –5 2 –10 –12 –14
Past activity 4 10 1 –4 –2
Expected activity 4 2 –2 2 –2
Expected demand 2 1 –6 –3 –6
Business situation 1 7 –2 –5 –6
Past selling prices –2 1 –3 –3 –4
Expected selling prices –1 –2 –2 –4 –3
Past employment 4 8 5 3 7
except temporary work agencies 1 6 0 1 0
Expected employment 3 11 11 6 1
except temporary work agencies 0 5 1 –3 –3
Investments
Past investments 2 6 1 3 6
Expected investments 2 5 7 0 –2
  • * Average of the balances of opinion since 1988
  • Source: Insee