In 2014, according to business leaders, in the manufacturing industry, invstment will slightly increase in 2014Industrial investment survey - July 2014

Surveyed in July 2014, business managers estimated that investment in the manufacturing industry decreased by 5% in 2013. They revised 2 points upwards their previous expectations given in April.

Informations rapides
No 190
Paru le : 27/08/2014
Prochaine parution le : 07/11/2017 at 08:45 - October 2017

Surveyed in July 2014, business managers estimated that investment in the manufacturing industry decreased by 5% in 2013. They revised 2 points upwards their previous expectations given in April.

Graph1_ang – Annual nominal change in investment in the manufacturing industry

In 2014, investment in the manufacturing industry will slightly increase

In July, business leaders in the manufacturing industry forecast that their investment will remain stable in 2014 compared to 2013 (+1%). They revised by 3 points downwards their previous forecast given in last April. All sectors are concerned by this revision, except the sector of electrical and electronic and machine equipment.

Investment in manufacture of food products and beverages and in electrical and electronic equipment will go up in 2014 (+6% and +8%). On the other hand, investment in other manufacturing and in manufacture of transport equipment will decrease in 2014, but this decline will lessen: –1% after –4% in the sector of other manufacturing and –5% after –11% in the manufacture of transport equipment.

Tab1_ang – Real annual investment growth by sectors

%
Real annual investment growth by sectors
NA* : (A17) and [A38] 2013 2014
observed Apr14 observed Jul14 Forecast Apr14 forecast Jul14
C : MANUFACTURING INDUSTRY –7 –5 4 1
(C1): Manufacture of food products and beverages 0 0 9 6
(C3): Electrical and electronic equipment; machine equipment –7 –8 8 8
(C4): Manufacture of transport equipment –13 –11 –3 –5
[CL1]: Motor vehicles –21 –21 –3 –1
(C5): Other manufacturing –8 –6 3 0
  • How to read this table: In manufacturing industry, firms surveyed in July observed a nominal investment decrease by 5% in 2013 comparing to 2012 and forecast an increase by 1% in 2014 comparing to 2013.
  • * The codes correspond to the level of aggregation (A17) and [A38] of the "NA" aggregate classification based on NAF rev.2.

Investment will remain stable between H1 and H2 2014

Industrials surveyed in July 2014 are almost as numerous to indicate an increase than a decrease of their investment between H2 2013 and H1 2014. The same is true between H1 and H2 2014.

Graph2_ang – Opinion of business leaders in the manufacturing industry regarding six-month change in investment (second estimation*)