Downturn in business start-ups in February 2017Enterprise births - February 2017

In February 2017, the number of business births for all entreprises shrank (−1.0% after +1.5%, seasonally and working-day adjusted) because of micro-entrepreneurs' registrations (−3.2%). However, start-ups excluding self-managed micro-entrepreneurs increased slightly (+1.1%).

Informations rapides
No 64
Paru le : 14/03/2017
Prochaine parution le : 14/12/2017 at 08:45 - November 2017

In February 2017, the number of business births for all entreprises shrank (−1.0% after +1.5%, seasonally and working-day adjusted) because of micro-entrepreneurs' registrations (−3.2%). However, start-ups excluding self-managed micro-entrepreneurs increased slightly (+1.1%).

Graph1 – Business start-ups (sa-wda *)

  • * Seasonally and working-day adjusted data
  • Source: INSEE (Sirene)

Table1 – Business set-ups by month (sa-wda *)

Business set-ups by month (sa-wda *)
Nov. 2016 Dec. 2016 Jan. 2017 Feb. 2017
Excl. self-managed micro-entrepreneurs 28,613 27,602 27,919 28,053
Variation [m-o-m] % 4.8 -3.5 1.1 0.5
Incl. self-managed micro-entrepreneurs 47,484 45,999 46,853 46,385
Variation [m-o-m] % 4.6 -3.1 1.9 -1.0
  • * Seasonally and working-day adjusted data
  • Source: INSEE (Sirene)

+4.2% year on year (three months basis)

The raw amount of births added up in the last three months went up again compared to the same period one year before, but more slowly (+4.2% after +7.7%, in raw data). This rise concerns all categories of business start-ups: company births (+5.8%), sole proprietorship start-ups excluding self-managed micro-entrepreneurs (+4.5%) and micro-entrepreneurs' registrations (+2.7%). Transportation and business support activities remained the sectors that contributed the most to the overall rise1.

Table2 – Business start-ups by type

Raw data
Business start-ups by type
Moving total % change * Moving total Moving total
over 3 months over 12 months January- February 2017 January- February 2016
Total 4,2 5.6 102,266 96,722
Companies 5,8 8,4 35,006 32,916
Sole proprietorships (SP) 3,4 4.2 67,260 63,806
SP excluding self- managed micro- entrepreneurs 4,5 8.6 26,348 24,939
Self-managed micro-entrepreneurs 2.7 1.6 40,912 38,867
  • * Total of business start-ups during the last 3 or 12 months compared with the same months a year earlier
  • Source: INSEE (Sirene)

+5.6% year on year (twelve months basis)

The raw number of business start-ups totted up during the last twelve months kept growing (+5.6% year on year after +6.2% in January and +5.5% in December). This growth was mostly due to sole proprietorships start-ups excluding self-managed micro-entrepreneurs (+8.6%) and company births (+8.4%). Micro-entrepreneurs' registrations picked up too but more weakly (+1.6% year-on-year).

Two business set-ups out of five are self-managed micro-entrepreneurs' registrations

In February 2017, the share of micro–entrepreneurs' registrations in the businesses set up over the twelve last months has been at 40.2% since December 2016. One year before, it was 42.1%.

Table0 – Business set-ups distribution by type

% over the twelve last months (raw data)
Business set-ups distribution by type
Dec. 2016 Jan. 2017 Feb. 2017
Companies 34.1 34.1 34.1
Sole proprietorships excluding self-managed micro-entrepreneurs 25,7 25,7 25.7
Self-managed micro-entrepreneurs 40,2 40,2 40.2
  • Source: INSEE (Sirene)

1 The contribution of a sector to the overall variation is the observed variation of this sector, weighted by the share of this sector in the total number of births.

Revisions

The variation in the overall number of business births in January 2017 has been raised by 0.4 points to +1.9% due to the revision of raw data and the update of the SA-WDA parameters.

Business set-ups by economic activity

Graph2 – Trade and business support activities start-ups (sa-wda *)

  • * Seasonally and working-day adjusted data
  • Source: INSEE (Sirene)

Graph3 – Construction and transportation business set-ups (sa-wda *)

  • * Seasonally and working-day adjusted data
  • Source: INSEE (Sirene)

Table3 – Number of business set-ups (incl. self-managed micro-enterprises)

sa-wda *
Number of business set-ups (incl. self-managed micro-enterprises)
NA Dec. 2016 Jan. 2017 Feb. 2017
Total 45,999 46,853 46,385
Industry BE 2,087 2,080 2,094
Of which Manufacturing C 1,741 1,748 1,762
Construction FZ 4,957 4,957 4,976
Wholesale and retail trade, Transport, Accommodation and Food and beverage activities GI 13,557 13,776 13,764
Trade G 7,862 7,815 7,732
Transportation and storage H 2,952 3,343 3,441
Accommodation and food service activities I 2,743 2,618 2,591
Information and communication JZ 2,257 2,341 2,336
Financial and insurance activities KZ 1,305 1,323 1,395
Real estate activities LZ 1,514 1,659 1,598
Business support activities MN 10,359 10,604 10,429
Public administration and defence, education, human health and social work activities OQ 5,885 6,043 5,931
Other services activities RS 4,078 4,069 3,861
  • * Seasonally and working-day adjusted data
  • Source: INSEE (Sirene)

Table4 – Fluctuation in the number of business set-ups (incl. self-managed micro-entrepreneurs)

In %
Fluctuation in the number of business set-ups (incl. self-managed micro-entrepreneurs)
NA Feb. 17 / Jan. 17 Moving total % change**
sa-wda * over 3 months over 12 months
Total -1.0 4.2 5.6
Industry BE 0.6 5.6 3.5
Of which Manufacturing C 0.8 0.5 2.4
Construction FZ 0.4 -3.6 -3.6
Wholesale and retail trade, Transport, Accommodation and Food and beverage activities GI -0.1 5.8 8.3
Trade G -1.1 -3.3 -1.5
Transportation and storage H 2.9 33.1 47.8
Accommodation and food service activities I -1.0 8.6 8.8
Information and communication JZ -0.2 4.4 7.6
Financial and insurance activities KZ 5.4 4.8 2.8
Real estate activities LZ -3.7 5.8 9.2
Business support activities MN -1.7 5.7 8.6
Public administration and defence, education, human health and social work activities OQ -1.8 7.9 6.4
Other services activities RS -5.1 -0.9 0.4
  • * Seasonally and working-day adjusted data
  • ** Total of business start-ups during the last 3 or 12 months compared with the same months a year earlier
  • Source: INSEE (Sirene)