Downturn in business start-ups in August 2017Enterprises births - August 2017

In August 2017, the number of business births for all entreprises slipped back (−1.0% after +4.6% in July, seasonally and working-day adjusted). This was due to a decline in micro-entrepreneurs' registrations (−3.8%) following a large rise in July (+10.8%). As for start-ups excluding self-managed micro-entrepreneurs, they continued to rise (+1.0% after +0.5%).

Informations rapides
No 239
Paru le : 14/09/2017
Prochaine parution le : 13/10/2017 at 08:45 - September 2017

In August 2017, the number of business births for all entreprises slipped back (−1.0% after +4.6% in July, seasonally and working-day adjusted). This was due to a decline in micro-entrepreneurs' registrations (−3.8%) following a large rise in July (+10.8%). As for start-ups excluding self-managed micro-entrepreneurs, they continued to rise (+1.0% after +0.5%).

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 *)
May 2017 June 2017 July 2017 Aug. 2017
Excl. self-managed micro-entrepreneurs 28,661 29,161 29,293 29,575
Variation [m-o-m] % 1.4 1.7 0.5 1.0
Incl. self-managed micro-entrepreneurs 47,337 48,654 50,889 50,358
Variation [m-o-m] % 2.0 2.8 4.6 -1.0
  • * Seasonally and working-day adjusted data
  • Source: INSEE (Sirene)

+7.2% 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 grew sharply (+7.2% in raw data). Micro-entrepreneurs' registrations speeded up (+12.5% after +6.4%) as well as company births (+6.4% after +5.4%). Sole proprietorship start-ups excluding micro-entrepreneurs went up too but at a slower pace (+1.0%). Business support activities and transportation were the sectors that contributed the most to the overall rise1.

Table2 – Cumulated business start-ups by type

Raw data
Cumulated business start-ups by type
Moving total % change * Moving total Moving total
over 3 months over 12 months January- August 2017 January- August 2016
Total 7.2 3.5 383,371 368,964
Companies 6.4 5.4 133,439 126,647
Sole proprietorships (SP) 7.7 2.5 249,932 242,317
SP excluding self-managed micro-entrepreneurs 1.0 3.7 98,663 96,041
Self-managed micro-entrepreneurs 12.5 1.7 151,269 146,276
  • * Total of business start-ups during the last 3 or 12 months compared with the same months a year earlier
  • Source: INSEE (Sirene)

+3.5% over the last twelve months

The raw number of business start-ups totted up during the last twelve months kept increasing (+3.5%). All types of business start-ups went up, particularly company births (+5.4%), sole proprietorship start-ups excluding self-managed micro-entrepreneurs (+3.7%) and, at a lesser extent, micro-entrepreneurs' registrations (+1.7%).

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

In August 2017, the share of micro–entrepreneurs' registrations in the businesses set up over the last twelve months edged up for the second month in a row and amounted to 40.1%.

Table0 – Business set-ups distribution by type

% over the twelve last months (raw data)
Business set-ups distribution by type
June 2017 July 2017 Aug. 2017
Companies 34.5 34.5 34.4
Sole proprietorships excluding self-managed micro-entrepreneurs 25.8 25.6 25.5
Self-managed micro-entrepreneurs 39.7 39.9 40.1
  • Source: INSEE (Sirene)

1 The contribution of a sector to the overall variation is the variation observed in 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 July 2017 has been lowered by 0.3 points to +4.6% 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-entrepreneurs)

SA-WDA *
Number of business set-ups (incl. self-managed micro-entrepreneurs)
NA June 2017 July 2017 Aug. 2017
Total 48,654 50,889 50,358
Industry BE 2,007 2,152 2,122
Of which Manufacturing C 1,742 1,900 1,864
Construction FZ 4,963 5,252 5,131
Wholesale and retail trade, Transport, Accommodation and Food and beverage activities GI 14,159 14,411 14,631
Trade G 8,107 8,298 8,545
Transportation and storage H 3,436 3,427 3,499
Accommodation and food service activities I 2,616 2,686 2,587
Information and communication JZ 2,441 2,578 2,488
Financial and insurance activities KZ 1,335 1,395 1,371
Real estate activities LZ 1,880 1,959 1,989
Business support activities MN 11,604 12,513 11,914
Public administration and defence, education, human health and social work activities OQ 5,943 5,968 6,234
Other services activities RS 4,323 4,662 4,479
  • * 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 August 17 / July 17 Moving total % change**
SA-WDA * over 3 months over 12 months
Total -1.0 7.2 3.5
Industry BE -1.4 1.9 0.2
Of which Manufacturing C -1.9 1.5 -2.0
Construction FZ -2.3 -3.2 -5.6
Wholesale and retail trade, Transport, Accommodation and Food and beverage activities GI 1.5 6.5 4.0
Trade G 3.0 4.0 -2.4
Transportation and storage H 2.1 16.9 25.3
Accommodation and food service activities I -3.7 3.1 3.4
Information and communication JZ -3.5 6.9 4.0
Financial and insurance activities KZ -1.7 3.1 2.6
Real estate activities LZ 1.5 20.9 11.2
Business support activities MN -4.8 15.2 7.5
Public administration and defence, education, human health and social work activities OQ 4.5 3.7 4.5
Other services activities RS -3.9 7.1 0.3
  • * 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)