In December 2011, the business climate in manufacturing industry deteriorated anewMonthly business survey (goods-producing industries) - December 2011

According to the business leaders questioned in December 2011, the fall-off in manufacturing industry goes on in december : the synthetic indicator decreases by two points, after it decreased by one point in November. It is below its long-term average.

Informations rapides
No 306
Paru le : 16/12/2011
Prochaine parution le : 26/09/2017 at 08:45 - September 2017

Manufacturing industry

According to the business leaders questioned in December 2011, the fall-off in manufacturing industry goes on in december : the synthetic indicator decreases by two points, after it decreased by one point in November. It is below its long-term average.

The turning point indicator remains in the unfavorable area .

Business leaders consider that their past activity has markedly weakened in manufacturing industry, the balance of opinion remaining well below its long-term average. Stocks of finished products reduced slightly and are rated near to their normal level. Total order books decrease strongly and are rated as low. Export order books increase a little in december but they are always considered as low.

The personal perspectives of production increase slightly but stay unfavourable. The general production outlook, which represents business leaders’ opinion on French industry as a whole, weaken anew and are always well below its long-term average.

tableau – Leaders' opinion: manufacturing industrial activity

Balance of opinion, s.a, in %
Leaders' opinion: manufacturing industrial activity
Manufacturing industry Average* Sept. 11 Oct. 11 Nov. 11 Dec. 11
Synthetic index 100 99 97 96 94
Recent changes in output 5 4 –0 4 –6
Finished-goods inventory level 13 12 14 18 14
Demand and total order levels –17 –18 –19 –17 –26
Demand and export order levels –12 –15 –19 –25 –19
Personal production expectations 5 6 3 –5 –2
General production expectations –8 –30 –30 –35 –37
  • * : The average of the balances opinion since 1976.
  • Source : Monthly business survey - INSEE

Graphang1 – Industrial economic climate - Synthetic Index

Graphang2 – Turning-point indicator

Graphang3 – Business leaders' opinion (manufacturing industry)