27 August 2015
2015- n° 202In the manufacturing industry, business managers forecast that investment will increase
by 2% in 2015 Industrial investment survey - July 2015
Surveyed in July 2015, business managers indicated that investment in the manufacturing industry increased by 3% in 2014. They revised 1 point upward their previous expectations given in April.
Surveyed in July 2015, business managers indicated that investment in the manufacturing industry increased by 3% in 2014. They revised 1 point upward their previous expectations given in April.
graphiqueGraph1_ang – Annual nominal change in investment in the manufacturing industry
- Source: Industrial investment survey - INSEE
In 2015, investment in the manufacturing industry will slightly increase
Business leaders in the manufacturing industry forecast that their investment will slightly increase in 2015 compared to 2014 (+2%). The forecast made in April is revised down by 5 points. This downward revision is high for the manufacture of transport equipment and for the “other manufacturing industries” sector.
Investment in the manufacture of food products and beverages (+9%) and in that of transport equipment (+4%) should be dynamic. In 2015, investment in the “other manufacturing industries” sector and in the manufacture of transport equipment should continue to increase very slightly (+1% as in 2014). By contrast, investment is likely to decrease in the capital goods industry: –1% after +5% in 2014.
tableauTab1_ang – Annual investment growth by sectors
| NA* : (A17) and [A38] | 2014 | 2015 | ||
|---|---|---|---|---|
| observed Apr.15 | observed Jul.15 | estimate Apr.15 | estimate Jul.15 | |
| C : MANUFACTURING INDUSTRY | 2 | 3 | 7 | 2 |
| (C1): Manufacture of food products and beverages | 3 | 3 | 5 | 9 |
| (C3): Electrical and electronic equipment; machine equipment | 4 | 5 | –1 | –1 |
| (C4): Manufacture of transport equipment | 5 | 6 | 14 | 4 |
| [CL1]: Motor vehicles | 6 | 6 | 15 | 2 |
| (C5): Other manufacturing | 2 | 2 | 7 | 1 |
- How to read this table: In manufacturing industry, firms surveyed in July 2015 observed an increase by 3% of their nominal investment in 2014 comparing to 2013 and forecast an increase of 2% in 2015 comparing to 2014.
- * The codes correspond to the level of aggregation (A17) and [A38] of the "NA" aggregate classification based on NAF rev.2.
- Source: Industrial investment survey - INSEE
Investment leaders anticipate an increase in their investment in H2 2015
Industrials surveyed in July 2015 are more numerous to indicate an increase than a decrease of their investment between H2 2014 and H1 2015. The same is true between H1 and H2 2015.
graphiqueGraph2_ang – Six-month change in investment
- How to read this graph: In July 2015, business leaders who anticipated an increase between H2 2014 and H1 2015 were more numerous than those who anticipated a decrease ("actual"). More business leaders also anticipated an increase than a decrease in their investment between H1 2015 and H2 2015 ("forecast").
- Source: Industrial investment survey - INSEE
Documentation
Methodology (pdf,34 Ko)
Pour en savoir plus
Time series : Industry – Investment
