21 October 2011
2011- n° 225In October 2011, deterioration of the business climate in manufacturing industry Monthly business survey (goods-producing industries) - October 2011
According to the business leaders questioned in October 2011, the industrial economic situation deteriorated slightly : the synthetic indicator decreases by two points, after it decreased by six points in September. It is below its long-term average.
Manufacturing industry
According to the business leaders questioned in October 2011, the industrial economic situation deteriorated slightly : the synthetic indicator decreases by two points, after it decreased by six points in September. It is below its long-term average.
The turning point indicator remains in the unfavorable area .
Business leaders consider that their past activity weakened in manufacturing industry, the balance of opinion is below its long-term average. Stocks of finished products stay near to their normal level. Total order books remain on its long-term level. Export order books decrease anew and are rated inferior to their long-term average
The personal perspectives of production stay near to their long-term average. The general production outlook, which represents business leaders’ opinion on French industry as a whole, remains on a very low level.
tableautableau – Leaders' opinion: manufacturing industrial activity
Manufacturing industry | Average* | Jun. 11 | Jul. 11 | Sept. 11 | Oct. 11 |
---|---|---|---|---|---|
Synthetic index | 100 | 110 | 105 | 99 | 97 |
Recent changes in output | 5 | 28 | 15 | 4 | 0 |
Finished-goods inventory level | 13 | –0 | 1 | 12 | 13 |
Demand and total order levels | –17 | –3 | –10 | –18 | –18 |
Demand and export order levels | –12 | 2 | –5 | –15 | –19 |
Personal production expectations | 5 | 16 | 6 | 6 | 4 |
General production expectations | –8 | 13 | 3 | –30 | –29 |
- * : The average of the balances opinion since 1976.
- Source : Monthly business survey - INSEE
graphiqueGraphang1 – Industrial economic climate - Synthetic Index
graphiqueGraphang2 – Turning-point indicator
graphiqueGraphang3 – Business leaders' opinion (manufacturing industry)
Documentation
Methodology (pdf,133 Ko)
Pour en savoir plus
Time series : Industry - Activity and demand