In October 2011, the economic climate in services is almost stableMonthly survey of services - October 2011

According to the business leaders surveyed in October 2011, the economic situation in services remains almost stable. The business climate synthetic indicator decreases by one point, and is 94.

Informations rapides
No 257
Paru le : 21/10/2011
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

According to the business leaders surveyed in October 2011, the economic situation in services remains almost stable. The business climate synthetic indicator decreases by one point, and is 94.

Though business leaders consider that their activity continued to decrease the last few months, their activity expectations for the months to come are recovering. They expect demand to be more favourable in the next few months.

They consider that their operating balance result declined markedly in the last few months and anticipate a further slowdown in the coming months.

The general outlook drops by two points compared with September.

Job creations remain numerous

In services except temporary employment agencies, business leaders consider that the number of job creations increased slightly in the last few months. They consider that employment should weaken in the following months.

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).

Table_quarter – Economic outlook in the services sector

Balances of opinion, in %, seasonally adjusted
Economic outlook in the services sector
Average* June 11 July 11 Sept. 11 Oct. 11
Business climate synthetic indicator 100 107 103 95 94
General outlook –5 3 2 –10 –12
Past activity 4 10 10 1 –4
Expected activity 4 9 2 –2 2
Expected demand 2 7 1 –6 –3
Business situation 1 4 7 –2 –5
Past selling prices –2 0 1 –3 –3
Expected selling prices –1 0 –2 –2 –4
Past employment 4 14 8 5 6
except temporary work agencies 1 8 6 0 3
Expected employment 3 7 11 11 9
except temporary work agencies 1 6 5 1 –3
Investments
Past investments 2 7 6 1 3
Expected investments 2 8 5 7 0
Operating balance result
Past result –1 10 –9
Expected result 0 –3 –6
Cash position –10 –7 –11
Difficulties of supply and demand
difficulties of supply and demand 9 10 10
difficulties of supply only 23 26 24
difficulties of demand only 29 25 30
Difficulties in recruitment 31 23 23
  • * Average of the balances of opinion since 1988
  • Source: Insee