Rebound in business start-ups in March 2017Enterprises births - March 2017

In March 2017, the number of business births for all entreprises bounced back (+2.4% after −1.0%, seasonally and working-day adjusted). Micro-entrepreneurs' registrations recovered (+2.7%) and start-ups excluding self-managed micro-entrepreneurs kept increasing (+2.2%).

Informations rapides
No 97
Paru le : 13/04/2017
Prochaine parution le : 14/06/2017 at 08:45 - May 2017

In March 2017, the number of business births for all entreprises bounced back (+2.4% after −1.0%, seasonally and working-day adjusted). Micro-entrepreneurs' registrations recovered (+2.7%) and start-ups excluding self-managed micro-entrepreneurs kept increasing (+2.2%).

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 *)
Dec. 2016 Jan. 2017 Feb. 2017 March 2017
Excl. self-managed micro-entrepreneurs 27,627 27,944 28,067 28,690
Variation [m-o-m] % -3.5 1.1 0.4 2.2
Incl. self-managed micro-entrepreneurs 46,059 46,889 46,403 47,518
Variation [m-o-m] % -3.1 1.8 -1.0 2.4
  • * Seasonally and working-day adjusted data
  • Source: INSEE (Sirene)

+6.2% year on year (three months basis)

Compared to the same period one year before, the raw amount of births added up in the last three months speeded up in March (+6.2% after +4.2% in raw data). Every category of business start-ups went up sharply: company births (+8.2%), sole proprietorship start-ups excluding self-managed micro-entrepreneurs (+7.0%) and micro-entrepreneurs' registrations (+3.9%). Transportation and business support activities were once again 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- March 2017 January- March 2016
Total 6.2 5.8 159,063 149,837
Companies 8.2 8.4 54,892 50,725
Sole proprietorships (SP) 5.1 4.4 104,171 99,112
SP excluding self-managed micro-entrepreneurs 7.0 8.7 41,269 38,563
Self-managed micro-entrepreneurs 3.9 1.9 62,902 60,549
  • * Total of business start-ups during the last 3 or 12 months compared with the same months a year earlier
  • Source: INSEE (Sirene)

+5.8% year on year (twelve months basis)

The raw number of business start-ups totted up during the last twelve months kept growing strongly (+5.8% year on year after +5.6% in February and +6.2% in January). This growth was mostly a result of sole proprietorship start-ups excluding self-managed micro-entrepreneurs (+8.7%) and company births (+8.4%). At a lesser extent, micro-entrepreneurs' registrations kept rising too (+1.9% year on year after +1.6% in February).

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

In March 2017, the share of micro–entrepreneurs' registrations in the businesses set up over the twelve last months amounted to 40.0%. One year before, it was 41.5%.

Table0 – Business set-ups distribution by type

% over the twelve last months (raw data)
Business set-ups distribution by type
Jan. 2017 Feb. 2017 March 2017
Companies 34.1 34.1 34.3
Sole proprietorships excluding self-managed micro-entrepreneurs 25.7 25.7 25.8
Self-managed micro-entrepreneurs 40.2 40.2 40.0
  • 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 overall number of businness births in February 2017 was barely revised. It went from 46,385 to 46,403 due to the revision of raw data and the update of the SA-WDA parameters. Its variation remained at −1.0%.

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 Jan. 2017 Feb. 2017 March 2017
Total 46,889 46,403 47,518
Industry BE 2,072 2,084 2,051
Of which Manufacturing C 1,760 1,766 1,779
Construction FZ 4,962 4,973 5,055
Wholesale and retail trade, Transport, Accommodation and Food and beverage activities GI 13,759 13,794 14,011
Trade G 7,810 7,758 7,853
Transportation and storage H 3,349 3,456 3,557
Accommodation and food service activities I 2,601 2,581 2,601
Information and communication JZ 2,356 2,347 2,385
Financial and insurance activities KZ 1,326 1,386 1,373
Real estate activities LZ 1,669 1,588 1,738
Business support activities MN 10,611 10,448 10,803
Public administration and defence, education, human health and social work activities OQ 6,049 5,945 5,987
Other services activities RS 4,086 3,838 4,115
  • * 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 March 17 / Feb. 17 Moving total % change**
sa-wda * over 3 months over 12 months
Total 2.4 6.2 5.8
Industry BE -1.6 4.2 2.9
Of which Manufacturing C 0.8 1.4 1.7
Construction FZ 1.7 -1.3 -2.6
Wholesale and retail trade, Transport, Accommodation and Food and beverage activities GI 1.6 7.1 8.4
Trade G 1.2 -2.7 -1.7
Transportation and storage H 2.9 41.5 48.2
Accommodation and food service activities I 0.8 6.8 8.6
Information and communication JZ 1.6 7.1 7.9
Financial and insurance activities KZ -0.9 7.1 3.2
Real estate activities LZ 9.4 12.1 9.2
Business support activities MN 3.4 8.4 8.6
Public administration and defence, education, human health and social work activities OQ 0.7 10.1 6.7
Other services activities RS 7.2 0.5 0.2
  • * 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)