Insee conjoncture

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

In December 2017, the number of business births for all entreprises fell back (−1.9% after +5.4% in November, seasonally and working-day adjusted). This was due to the drop of micro-entrepreneurs' registrations (−7.1%). On the other hand, start-ups excluding self-managed micro-entrepreneurs bounced back (+2.2% after −0.7%).

Informations rapides N° 9
No 9
Principaux indicateurs
Paru le : 16/01/2018
Prochaine parution le : 15/11/2018 at 08:45 - October 2018

In December 2017, the number of business births for all entreprises fell back (−1.9% after +5.4% in November, seasonally and working-day adjusted). This was due to the drop of micro-entrepreneurs' registrations (−7.1%). On the other hand, start-ups excluding self-managed micro-entrepreneurs bounced back (+2.2% after −0.7%).

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 *)
Sept. 2017 Oct. 2017 Nov. 2017 Dec. 2017
Excl. self-managed micro-entrepreneurs 29,649 30,952 30,747 31,410
Variation [m-o-m] % 0.2 4.4 -0.7 2.2
Incl. self-managed micro-entrepreneurs 50,290 51,655 54,456 53,437
Variation [m-o-m] % -0.2 2.7 5.4 -1.9
  • * Seasonally and working-day adjusted data
  • Source: INSEE (Sirene)

+16.7% year on year (quaterly basis)

Compared to the same period one year before, the raw amount of births added up in the last three months rose sharply (+16.7% in raw data). Micro-entrepreneurs' registrations grew strongly (+23.3%), as well as sole proprietorship start-ups excluding micro-entrepreneurs (+21.1%). Company births went up too but at a slower pace (+6.1%). Business support activities and transportation and storage 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 over the year 2017 over the year 2016
Total 16.7 6.7 591,267 554,031
Companies 6.1 4.8 197,899 188,843
Sole proprietorships (SP) 22.5 7.7 393,368 365,188
SP excluding self-managed micro-entrepreneurs 21.1 6.5 151,582 142,396
Self-managed micro-entrepreneurs 23.3 8.5 241,786 222,792
  • * Total of business start-ups during the last 3 or 12 months compared with the same months a year earlier
  • Source: INSEE (Sirene)

+6.7% over 2017 as a whole

The raw number of business start-ups totted up during the last twelve months kept accelerating (+6.7% after +6.1% in November and +5.2% in October). All the types of business start-ups increased: micro-entrepreneurs' registrations (+8.5%), sole proprietorship start-ups excluding self-managed micro-entrepreneurs (+6.5%) and company births (+4.8%).

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

In December 2017, the share of micro–entrepreneurs' registrations in the businesses set up over the last twelve months edged up once again (40.9% after 40.7% in November).

Table0 – Business set-ups distribution by type

% over the twelve last months (raw data)
Business set-ups distribution by type
Oct. 2017 Nov. 2017 Dec. 2017
Companies 34.1 33.7 33.5
Sole proprietorships excluding self-managed micro-entrepreneurs 25.6 25.6 25.6
Self-managed micro-entrepreneurs 40.3 40.7 40.9
  • 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 November 2017 has been lowered by 0.1 points to +5.4% 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 S(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 Oct. 2017 Nov. 2017 Dec. 2017
Total 51,655 54,456 53,437
Industry BE 2,200 2,201 2,198
Of which Manufacturing C 1,944 1,956 1,981
Construction FZ 5,398 5,529 5,559
Wholesale and retail trade, Transport, Accommodation and Food and beverage activities GI 15,092 15,837 16,052
Trade G 8,996 8,880 8,943
Transportation and storage H 3,508 4,235 4,355
Accommodation and food service activities I 2,588 2,722 2,755
Information and communication JZ 2,542 2,730 2,700
Financial and insurance activities KZ 1,425 1,456 1,477
Real estate activities LZ 2,007 2,070 2,025
Business support activities MN 12,068 13,720 12,277
Public administration and defence, education, human health and social work activities OQ 6,202 6,162 6,280
Other services activities RS 4,722 4,752 4,870
  • * 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 Dec. 17 / Nov. 17 Moving total % change**
SA-WDA * over 3 months over 12 months
Total -1.9 16.7 6.7
Industry BE -0.1 9.3 2.1
Of which Manufacturing C 1.3 14.4 2.6
Construction FZ 0.5 12.7 -1.0
Wholesale and retail trade, Transport, Accommodation and Food and beverage activities GI 1.4 18.4 6.3
Trade G 0.7 15.5 1.6
Transportation and storage H 2.8 38.2 24.7
Accommodation and food service activities I 1.2 1.3 0.9
Information and communication JZ -1.1 18.7 8.1
Financial and insurance activities KZ 1.4 8.8 4.6
Real estate activities LZ -2.2 27.9 18.1
Business support activities MN -10.5 21.5 11.9
Public administration and defence, education, human health and social work activities OQ 1.9 6.3 4.4
Other services activities RS 2.5 19.9 6.0
  • * 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)