22 October 2020
2020- n° 267In October, industrialists have indicated that demand has sharply picked up but should
weaken over the next few months Quarterly business survey (goods-producing industries) - October 2020
In October 2020, the production capacity utilisation rate in industry has continued to pick up. When in July, it had already recovered by more than half its April fall that was due to the health crisis, it has gained 3 points in October to stand at 78%. Nevertheless, it remains well below its pre-crisis level. While the rate has increased in all industries between July and October, the sharpest rise concerns the manufacture of transport equipment, where the rate had fallen to a very low level.
The production capacity rate has continued to recover
In October 2020, the production capacity utilisation rate in industry has continued to pick up. When in July, it had already recovered by more than half its April fall that was due to the health crisis, it has gained 3 points in October to stand at 78%. Nevertheless, it remains well below its pre-crisis level. While the rate has increased in all industries between July and October, the sharpest rise concerns the manufacture of transport equipment, where the rate had fallen to a very low level.
tableauProduction capacity utilisation rate
| Production capacity utilisation rate | |
|---|---|
| 1998-Q1 | 83.0 |
| 1998-Q2 | 83.3 |
| 1998-Q3 | 84.6 |
| 1998-Q4 | 83.3 |
| 1999-Q1 | 84.0 |
| 1999-Q2 | 83.0 |
| 1999-Q3 | 83.5 |
| 1999-Q4 | 84.3 |
| 2000-Q1 | 83.8 |
| 2000-Q2 | 85.0 |
| 2000-Q3 | 85.5 |
| 2000-Q4 | 86.1 |
| 2001-Q1 | 86.2 |
| 2001-Q2 | 85.8 |
| 2001-Q3 | 84.9 |
| 2001-Q4 | 84.2 |
| 2002-Q1 | 84.1 |
| 2002-Q2 | 85.0 |
| 2002-Q3 | 84.1 |
| 2002-Q4 | 83.3 |
| 2003-Q1 | 83.4 |
| 2003-Q2 | 82.7 |
| 2003-Q3 | 82.6 |
| 2003-Q4 | 82.2 |
| 2004-Q1 | 82.7 |
| 2004-Q2 | 82.6 |
| 2004-Q3 | 82.8 |
| 2004-Q4 | 82.9 |
| 2005-Q1 | 82.7 |
| 2005-Q2 | 82.6 |
| 2005-Q3 | 82.8 |
| 2005-Q4 | 82.4 |
| 2006-Q1 | 83.4 |
| 2006-Q2 | 84.2 |
| 2006-Q3 | 85.1 |
| 2006-Q4 | 85.6 |
| 2007-Q1 | 84.8 |
| 2007-Q2 | 85.9 |
| 2007-Q3 | 85.9 |
| 2007-Q4 | 86.7 |
| 2008-Q1 | 86.4 |
| 2008-Q2 | 85.5 |
| 2008-Q3 | 84.9 |
| 2008-Q4 | 83.2 |
| 2009-Q1 | 75.4 |
| 2009-Q2 | 72.2 |
| 2009-Q3 | 73.3 |
| 2009-Q4 | 75.4 |
| 2010-Q1 | 75.2 |
| 2010-Q2 | 77.5 |
| 2010-Q3 | 77.9 |
| 2010-Q4 | 79.5 |
| 2011-Q1 | 80.7 |
| 2011-Q2 | 82.6 |
| 2011-Q3 | 82.5 |
| 2011-Q4 | 82.6 |
| 2012-Q1 | 81.3 |
| 2012-Q2 | 81.4 |
| 2012-Q3 | 80.5 |
| 2012-Q4 | 80.4 |
| 2013-Q1 | 80.9 |
| 2013-Q2 | 80.4 |
| 2013-Q3 | 80.2 |
| 2013-Q4 | 80.4 |
| 2014-Q1 | 80.7 |
| 2014-Q2 | 80.5 |
| 2014-Q3 | 81.9 |
| 2014-Q4 | 80.8 |
| 2015-Q1 | 80.8 |
| 2015-Q2 | 82.3 |
| 2015-Q3 | 82.0 |
| 2015-Q4 | 82.3 |
| 2016-Q1 | 81.0 |
| 2016-Q2 | 82.3 |
| 2016-Q3 | 83.5 |
| 2016-Q4 | 83.0 |
| 2017-Q1 | 84.0 |
| 2017-Q2 | 83.8 |
| 2017-Q3 | 84.6 |
| 2017-Q4 | 84.6 |
| 2018-Q1 | 85.9 |
| 2018-Q2 | 85.3 |
| 2018-Q3 | 85.4 |
| 2018-Q4 | 85.1 |
| 2019-Q1 | 84.9 |
| 2019-Q2 | 84.6 |
| 2019-Q3 | 83.7 |
| 2019-Q4 | 83.1 |
| 2020-Q1 | 82.8 |
| 2020-Q2 | 60.5 |
| 2020-Q3 | 74.5 |
| 2020-Q4 | 77.7 |
graphiqueProduction capacity utilisation rate
- Source: INSEE
Total and foreign demand has resumed over the past three months
In October 2020, the industrialists’ balances of opinion on variation in demand over the last three months, overall and abroad, have sharply picked up, displaying the activity restart after lockdown. On the other hand, the balances of opinion on variation in demand prospects, overall and abroad, have fallen back after a rebound in July. The balance of opinion on upcoming foreign demand has slightly faltered, the one on overall demand has shrunk more significantly.
The balance regarding general export prospects has stayed at the same level as three months ago, well below its average. Nevertheless, industrialists’ opinion on recent change in their competitive position has sharply improved. The balance on their competitive position on the domestic market has returned above its average while the ones on their competitive position on global markets, inside and outside the European Union, have moved closer to their average.
Difficulties in demand have receded a little after a surge in July. Supply difficulties, that had shrunk last quarter, have decreased again.
tableauOpinion on global demand
| Past change | Expected change | |
|---|---|---|
| 1998-Q1 | 26.6 | 14.4 |
| 1998-Q2 | 18.6 | 12.4 |
| 1998-Q3 | 18.0 | 11.9 |
| 1998-Q4 | 11.9 | 0.3 |
| 1999-Q1 | 4.5 | -1.3 |
| 1999-Q2 | -1.7 | 2.4 |
| 1999-Q3 | 13.2 | 11.9 |
| 1999-Q4 | 23.8 | 21.9 |
| 2000-Q1 | 30.3 | 15.1 |
| 2000-Q2 | 32.7 | 18.1 |
| 2000-Q3 | 28.6 | 20.4 |
| 2000-Q4 | 33.2 | 22.7 |
| 2001-Q1 | 11.9 | 15.3 |
| 2001-Q2 | 9.1 | 2.8 |
| 2001-Q3 | -0.4 | 1.1 |
| 2001-Q4 | -12.1 | -13.3 |
| 2002-Q1 | -23.8 | -4.6 |
| 2002-Q2 | -10.4 | 5.4 |
| 2002-Q3 | -8.0 | -1.8 |
| 2002-Q4 | -19.2 | -6.6 |
| 2003-Q1 | -6.3 | -1.6 |
| 2003-Q2 | -22.0 | -10.8 |
| 2003-Q3 | -19.8 | -7.8 |
| 2003-Q4 | -9.1 | 1.4 |
| 2004-Q1 | 0.1 | 7.5 |
| 2004-Q2 | 10.0 | 9.1 |
| 2004-Q3 | 12.8 | 10.1 |
| 2004-Q4 | 8.5 | 14.4 |
| 2005-Q1 | 16.9 | 6.3 |
| 2005-Q2 | -3.6 | 1.3 |
| 2005-Q3 | 2.0 | 5.5 |
| 2005-Q4 | 2.5 | 10.0 |
| 2006-Q1 | 14.8 | 7.4 |
| 2006-Q2 | 16.4 | 12.9 |
| 2006-Q3 | 13.1 | 9.4 |
| 2006-Q4 | 15.9 | 13.7 |
| 2007-Q1 | 13.2 | 10.6 |
| 2007-Q2 | 17.4 | 10.3 |
| 2007-Q3 | 23.1 | 14.6 |
| 2007-Q4 | 17.7 | 16.0 |
| 2008-Q1 | 16.5 | 13.8 |
| 2008-Q2 | 14.7 | 9.0 |
| 2008-Q3 | -8.3 | -13.1 |
| 2008-Q4 | -21.7 | -24.3 |
| 2009-Q1 | -42.2 | -36.4 |
| 2009-Q2 | -53.1 | -27.7 |
| 2009-Q3 | -23.4 | -11.8 |
| 2009-Q4 | -12.0 | -1.8 |
| 2010-Q1 | 9.4 | -0.1 |
| 2010-Q2 | 6.3 | 2.1 |
| 2010-Q3 | 18.3 | 1.3 |
| 2010-Q4 | 17.3 | 10.9 |
| 2011-Q1 | 25.0 | 10.1 |
| 2011-Q2 | 20.8 | 8.6 |
| 2011-Q3 | 14.5 | 6.3 |
| 2011-Q4 | 0.7 | -4.1 |
| 2012-Q1 | -4.4 | -7.4 |
| 2012-Q2 | -2.7 | 3.4 |
| 2012-Q3 | -16.0 | -9.5 |
| 2012-Q4 | -16.8 | -7.5 |
| 2013-Q1 | -15.5 | -8.2 |
| 2013-Q2 | -24.2 | -4.3 |
| 2013-Q3 | -10.5 | -5.1 |
| 2013-Q4 | -2.1 | 1.6 |
| 2014-Q1 | 2.7 | 2.7 |
| 2014-Q2 | 6.2 | 6.4 |
| 2014-Q3 | -5.7 | 3.6 |
| 2014-Q4 | -2.1 | 3.4 |
| 2015-Q1 | -3.8 | 0.7 |
| 2015-Q2 | 4.1 | 6.5 |
| 2015-Q3 | 1.2 | 5.1 |
| 2015-Q4 | 5.4 | 6.8 |
| 2016-Q1 | 2.0 | 3.9 |
| 2016-Q2 | 12.9 | 7.7 |
| 2016-Q3 | 11.7 | 4.8 |
| 2016-Q4 | 4.5 | 7.4 |
| 2017-Q1 | 11.5 | 7.3 |
| 2017-Q2 | 10.4 | 8.9 |
| 2017-Q3 | 16.2 | 11.1 |
| 2017-Q4 | 18.8 | 17.1 |
| 2018-Q1 | 21.1 | 16.2 |
| 2018-Q2 | 17.6 | 13.8 |
| 2018-Q3 | 9.5 | 9.0 |
| 2018-Q4 | -0.8 | 7.0 |
| 2019-Q1 | 1.7 | 11.1 |
| 2019-Q2 | 2.7 | 4.0 |
| 2019-Q3 | -1.6 | 2.5 |
| 2019-Q4 | 3.4 | -0.1 |
| 2020-Q1 | -2.6 | 5.2 |
| 2020-Q2 | -26.9 | -64.6 |
| 2020-Q3 | -43.6 | 6.8 |
| 2020-Q4 | 6.2 | -2.7 |
graphiqueOpinion on global demand
- Source: INSEE
tableauIndustrialists’ opinion: demand and production factors
| Manufacturing industry | Mean | Jan. 20 | Apr. 20 | Jul. 20 | Oct. 20 |
|---|---|---|---|---|---|
| Overall demand | |||||
| Past change | 0 | -3 | -27 | -44 | 6 |
| Expected change | 1 | 5 | -65 | 7 | -3 |
| Foreign demand | |||||
| Past change | 2 | -4 | -32 | -57 | -10 |
| Expected change | 3 | 6 | -70 | -10 | -12 |
| Production factors | |||||
| Production bottlenecks (in %) | 23 | 37 | 29 | 27 | 26 |
| Assessment of productive capacity | 13 | 9 | 28 | 11 | 14 |
| Production capacity utilisation rate (in %) | 83 | 83 | 61 | 74 | 78 |
| Difficulties of supply and demand (in %) | |||||
| Difficulties of supply and demand | 9 | 12 | 27 | 11 | 14 |
| Difficulties of supply only | 20 | 26 | 34 | 22 | 17 |
| Difficulties of demand only | 42 | 23 | 23 | 39 | 34 |
- * : Long-term average since 1976, expect for supply and demand (since 1991).
- The results of the latest survey are preliminary
- Sources : INSEE – Quarterly business survey in industry
Employment prospects have somewhat recovered
Employment prospects over the next three months are considered more favourable in October than in July. The corresponding balance has risen again, a little, and has reached its long term average. The balance on change in workforce size over the last three months has bounced back in October from its low point reached in July. The share of firms that have declared to face difficulties in hiring has increased slightly.
Finally, slightly fewer industrialists than in July have declared facing cash-flow difficulties.
tableauOpinion on workforce size in the manufacturing industry
| Expected change | Past change | |
|---|---|---|
| 1998-01 | -6.5 | -1.5 |
| 1998-02 | NaN | NaN |
| 1998-03 | NaN | NaN |
| 1998-04 | -6.1 | 1.9 |
| 1998-05 | NaN | NaN |
| 1998-06 | NaN | NaN |
| 1998-07 | -5.3 | 1.0 |
| 1998-08 | NaN | NaN |
| 1998-09 | NaN | NaN |
| 1998-10 | -6.6 | -1.7 |
| 1998-11 | NaN | NaN |
| 1998-12 | NaN | NaN |
| 1999-01 | -7.2 | -4.4 |
| 1999-02 | NaN | NaN |
| 1999-03 | NaN | NaN |
| 1999-04 | -8.7 | -7.5 |
| 1999-05 | NaN | NaN |
| 1999-06 | NaN | NaN |
| 1999-07 | -5.6 | -6.7 |
| 1999-08 | NaN | NaN |
| 1999-09 | NaN | NaN |
| 1999-10 | 1.6 | 7.1 |
| 1999-11 | NaN | NaN |
| 1999-12 | NaN | NaN |
| 2000-01 | 7.1 | 5.9 |
| 2000-02 | NaN | NaN |
| 2000-03 | NaN | NaN |
| 2000-04 | 6.1 | 6.4 |
| 2000-05 | NaN | NaN |
| 2000-06 | NaN | NaN |
| 2000-07 | 10.8 | 13.8 |
| 2000-08 | NaN | NaN |
| 2000-09 | NaN | NaN |
| 2000-10 | 13.0 | 15.6 |
| 2000-11 | NaN | NaN |
| 2000-12 | NaN | NaN |
| 2001-01 | 9.9 | 17.6 |
| 2001-02 | NaN | NaN |
| 2001-03 | NaN | NaN |
| 2001-04 | 6.2 | 9.6 |
| 2001-05 | NaN | NaN |
| 2001-06 | NaN | NaN |
| 2001-07 | 0.5 | 6.8 |
| 2001-08 | NaN | NaN |
| 2001-09 | NaN | NaN |
| 2001-10 | -10.4 | 0.0 |
| 2001-11 | NaN | NaN |
| 2001-12 | NaN | NaN |
| 2002-01 | -11.9 | -8.6 |
| 2002-02 | NaN | NaN |
| 2002-03 | NaN | NaN |
| 2002-04 | -8.1 | -9.0 |
| 2002-05 | NaN | NaN |
| 2002-06 | NaN | NaN |
| 2002-07 | -7.1 | -9.6 |
| 2002-08 | NaN | NaN |
| 2002-09 | NaN | NaN |
| 2002-10 | -13.4 | -12.7 |
| 2002-11 | NaN | NaN |
| 2002-12 | NaN | NaN |
| 2003-01 | -10.0 | -15.3 |
| 2003-02 | -17.9 | -16.4 |
| 2003-03 | -17.7 | -14.3 |
| 2003-04 | -18.1 | -13.5 |
| 2003-05 | -17.8 | -17.7 |
| 2003-06 | -23.2 | -15.8 |
| 2003-07 | -21.5 | -18.1 |
| 2003-08 | -21.5 | -17.0 |
| 2003-09 | -21.7 | -16.2 |
| 2003-10 | -20.1 | -19.1 |
| 2003-11 | -21.0 | -18.9 |
| 2003-12 | -21.4 | -18.5 |
| 2004-01 | -16.7 | -17.1 |
| 2004-02 | -18.1 | -15.6 |
| 2004-03 | -14.3 | -15.4 |
| 2004-04 | -12.7 | -13.9 |
| 2004-05 | -11.1 | -13.9 |
| 2004-06 | -12.8 | -13.6 |
| 2004-07 | -12.6 | -12.5 |
| 2004-08 | -12.0 | -11.7 |
| 2004-09 | -11.8 | -10.9 |
| 2004-10 | -11.7 | -10.1 |
| 2004-11 | -15.7 | -9.0 |
| 2004-12 | -16.1 | -12.3 |
| 2005-01 | -15.3 | -10.7 |
| 2005-02 | -15.8 | -12.2 |
| 2005-03 | -13.0 | -12.7 |
| 2005-04 | -16.9 | -15.4 |
| 2005-05 | -16.8 | -13.2 |
| 2005-06 | -15.0 | -12.3 |
| 2005-07 | -12.4 | -12.7 |
| 2005-08 | -12.2 | -12.4 |
| 2005-09 | -12.7 | -12.1 |
| 2005-10 | -14.2 | -10.2 |
| 2005-11 | -11.4 | -9.6 |
| 2005-12 | -12.1 | -9.5 |
| 2006-01 | -12.4 | -9.5 |
| 2006-02 | -9.5 | -9.5 |
| 2006-03 | -8.7 | -7.5 |
| 2006-04 | -8.1 | -7.6 |
| 2006-05 | -7.7 | -5.8 |
| 2006-06 | -7.5 | -3.4 |
| 2006-07 | -5.8 | -2.9 |
| 2006-08 | -5.6 | -3.0 |
| 2006-09 | -6.7 | -3.1 |
| 2006-10 | -6.0 | -0.7 |
| 2006-11 | -5.6 | -4.4 |
| 2006-12 | -4.5 | -4.4 |
| 2007-01 | -3.0 | -4.9 |
| 2007-02 | -3.3 | -1.1 |
| 2007-03 | -3.8 | -0.5 |
| 2007-04 | -2.1 | 1.9 |
| 2007-05 | -1.7 | 2.4 |
| 2007-06 | -1.7 | 2.2 |
| 2007-07 | -3.4 | 0.6 |
| 2007-08 | -0.9 | 1.0 |
| 2007-09 | -0.5 | 1.2 |
| 2007-10 | 2.0 | 2.9 |
| 2007-11 | 2.4 | 3.6 |
| 2007-12 | 2.3 | 4.4 |
| 2008-01 | 1.8 | 5.3 |
| 2008-02 | 1.1 | 2.9 |
| 2008-03 | -0.1 | 5.4 |
| 2008-04 | 0.0 | 3.5 |
| 2008-05 | -4.8 | -0.4 |
| 2008-06 | -6.4 | -2.2 |
| 2008-07 | -9.0 | -3.4 |
| 2008-08 | -12.6 | -5.3 |
| 2008-09 | -15.2 | -7.1 |
| 2008-10 | -18.2 | -8.1 |
| 2008-11 | -29.2 | -19.0 |
| 2008-12 | -37.2 | -23.7 |
| 2009-01 | -35.1 | -25.4 |
| 2009-02 | -38.3 | -31.2 |
| 2009-03 | -40.8 | -33.5 |
| 2009-04 | -37.7 | -34.5 |
| 2009-05 | -35.5 | -38.2 |
| 2009-06 | -35.5 | -38.5 |
| 2009-07 | -30.1 | -38.2 |
| 2009-08 | -28.4 | -31.9 |
| 2009-09 | -27.7 | -33.6 |
| 2009-10 | -25.4 | -31.0 |
| 2009-11 | -22.5 | -26.5 |
| 2009-12 | -21.7 | -25.1 |
| 2010-01 | -18.7 | -23.8 |
| 2010-02 | -18.0 | -21.1 |
| 2010-03 | -17.4 | -19.7 |
| 2010-04 | -15.9 | -18.6 |
| 2010-05 | -12.2 | -12.8 |
| 2010-06 | -10.2 | -10.0 |
| 2010-07 | -9.2 | -9.5 |
| 2010-08 | -9.2 | -7.5 |
| 2010-09 | -2.9 | -6.5 |
| 2010-10 | -3.1 | -3.6 |
| 2010-11 | -1.4 | 0.3 |
| 2010-12 | 0.8 | 0.0 |
| 2011-01 | 1.4 | -0.6 |
| 2011-02 | 3.4 | 1.9 |
| 2011-03 | 5.0 | 6.6 |
| 2011-04 | 2.0 | 6.8 |
| 2011-05 | 4.3 | 8.4 |
| 2011-06 | 7.3 | 11.6 |
| 2011-07 | 4.0 | 9.2 |
| 2011-08 | -2.1 | 5.7 |
| 2011-09 | -3.8 | -0.2 |
| 2011-10 | -7.2 | 2.0 |
| 2011-11 | -8.1 | 0.0 |
| 2011-12 | -12.7 | -0.6 |
| 2012-01 | -7.6 | -2.3 |
| 2012-02 | -9.9 | -5.5 |
| 2012-03 | -7.2 | -2.7 |
| 2012-04 | -7.6 | -3.4 |
| 2012-05 | -10.9 | -4.5 |
| 2012-06 | -12.6 | -6.5 |
| 2012-07 | -12.1 | -6.5 |
| 2012-08 | -15.4 | -9.7 |
| 2012-09 | -20.3 | -14.2 |
| 2012-10 | -16.9 | -10.5 |
| 2012-11 | -20.0 | -16.6 |
| 2012-12 | -18.9 | -16.2 |
| 2013-01 | -13.6 | -11.8 |
| 2013-02 | -18.2 | -15.3 |
| 2013-03 | -20.7 | -16.5 |
| 2013-04 | -15.2 | -12.2 |
| 2013-05 | -19.2 | -15.7 |
| 2013-06 | -20.9 | -17.5 |
| 2013-07 | -16.1 | -13.5 |
| 2013-08 | -16.5 | -15.1 |
| 2013-09 | -15.6 | -12.6 |
| 2013-10 | -12.0 | -12.2 |
| 2013-11 | -13.8 | -12.7 |
| 2013-12 | -11.4 | -9.6 |
| 2014-01 | -12.1 | -10.1 |
| 2014-02 | -13.1 | -11.2 |
| 2014-03 | -12.1 | -10.7 |
| 2014-04 | -11.7 | -9.4 |
| 2014-05 | -11.4 | -8.1 |
| 2014-06 | -12.2 | -9.4 |
| 2014-07 | -10.3 | -5.7 |
| 2014-08 | -12.7 | -9.5 |
| 2014-09 | -13.6 | -9.4 |
| 2014-10 | -12.6 | -10.1 |
| 2014-11 | -13.5 | -10.9 |
| 2014-12 | -12.8 | -13.0 |
| 2015-01 | -12.9 | -11.5 |
| 2015-02 | -11.4 | -11.9 |
| 2015-03 | -10.5 | -9.8 |
| 2015-04 | -9.8 | -8.2 |
| 2015-05 | -10.5 | -8.1 |
| 2015-06 | -8.9 | -9.0 |
| 2015-07 | -9.6 | -8.1 |
| 2015-08 | -8.9 | -7.0 |
| 2015-09 | -6.7 | -7.8 |
| 2015-10 | -8.6 | -7.7 |
| 2015-11 | -4.6 | -6.1 |
| 2015-12 | -6.9 | -8.7 |
| 2016-01 | -6.1 | -7.2 |
| 2016-02 | -7.6 | -7.4 |
| 2016-03 | -6.2 | -5.8 |
| 2016-04 | -7.6 | -6.3 |
| 2016-05 | -6.2 | -4.4 |
| 2016-06 | -6.3 | -5.2 |
| 2016-07 | -7.1 | -6.5 |
| 2016-08 | -8.8 | -4.5 |
| 2016-09 | -4.9 | -7.2 |
| 2016-10 | -3.4 | -5.5 |
| 2016-11 | -3.3 | -3.4 |
| 2016-12 | -3.1 | -0.5 |
| 2017-01 | -5.6 | -4.0 |
| 2017-02 | -3.5 | -1.3 |
| 2017-03 | -2.0 | 0.5 |
| 2017-04 | -4.1 | -3.0 |
| 2017-05 | -2.4 | -1.2 |
| 2017-06 | -3.3 | -1.3 |
| 2017-07 | -1.5 | 0.2 |
| 2017-08 | -0.8 | -0.7 |
| 2017-09 | 0.0 | -1.5 |
| 2017-10 | 0.8 | 2.4 |
| 2017-11 | 3.5 | 2.1 |
| 2017-12 | 1.6 | 5.7 |
| 2018-01 | 2.9 | 4.4 |
| 2018-02 | 4.6 | 4.0 |
| 2018-03 | 4.8 | 3.3 |
| 2018-04 | 3.8 | 3.6 |
| 2018-05 | 3.2 | 3.6 |
| 2018-06 | 3.8 | 3.1 |
| 2018-07 | 1.0 | 2.8 |
| 2018-08 | 1.8 | 0.5 |
| 2018-09 | 1.9 | 2.2 |
| 2018-10 | 0.5 | 0.3 |
| 2018-11 | -0.4 | -1.6 |
| 2018-12 | 4.2 | 1.3 |
| 2019-01 | 0.1 | -0.1 |
| 2019-02 | 0.1 | 0.7 |
| 2019-03 | 0.4 | 2.4 |
| 2019-04 | 1.9 | 6.2 |
| 2019-05 | 0.3 | 2.2 |
| 2019-06 | -1.2 | 1.1 |
| 2019-07 | -1.8 | 1.2 |
| 2019-08 | -0.7 | 0.5 |
| 2019-09 | 2.5 | 3.1 |
| 2019-10 | -2.2 | -1.1 |
| 2019-11 | -1.3 | -1.4 |
| 2019-12 | -0.2 | -2.3 |
| 2020-01 | -2.4 | -2.8 |
| 2020-02 | -2.2 | -1.9 |
| 2020-03 | -4.6 | -3.1 |
| 2020-04 | -32.2 | -10.2 |
| 2020-05 | -25.9 | -23.9 |
| 2020-06 | -20.4 | -29.3 |
| 2020-07 | -15.1 | -25.6 |
| 2020-08 | -15.3 | -22.7 |
| 2020-09 | -12.8 | -16.7 |
| 2020-10 | -12.3 | -14.1 |
graphiqueOpinion on workforce size in the manufacturing industry
- Source: INSEE.
tableauIndustrialists’ opinion: employment, competitive position, cash-flow and selling prices
| Manufacturing industry | Mean | Jan. 20 | Apr. 20 | Jul. 20 | Oct. 20 |
|---|---|---|---|---|---|
| Workforce size | |||||
| Past change | -11 | -3 | -10 | -26 | -14 |
| Expected change | -12 | -2 | -32 | -15 | -12 |
| Hiring difficulties (in %) | 30 | 48 | 39 | 27 | 31 |
| Selling prices and cash-flow | |||||
| Past change in selling prices (in %) | 0,1 | 0 | -0,8 | -0,6 | 0 |
| Expected change in selling prices (in %) | 0,2 | -0,1 | -0,9 | 0,3 | 0 |
| Cash-flow problems (in %) | 14 | 11 | 18 | 18 | 16 |
| Competitive position | |||||
| On the domestic market | 1 | -1 | -7 | -13 | 3 |
| On foreign markets inside EU | -2 | -4 | -17 | -24 | -4 |
| On foreign markets outside EU | -2 | -1 | -19 | -27 | -5 |
| General exportation expectations | -9 | -7 | -79 | -20 | -20 |
- * : Long-term average since 1991, except for workforce change (since 1976) and for competitive position by market (since 1997).
- The results of the latest survey are preliminary
- A quantitative question is asked about selling prices.
- Source : INSEE – Quarterly business survey in industry
For further information
The quarterly questions complete the monthly survey published in the version dated 23 July 2020, especially as regards demand and production factors.
A balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses.
Since the definitive data of April 2020, the way of correcting non-response has been modified. The usual method was to fill in missing answers by carrying on past answers from non-responding companies. Results are now computed on the sole basis of responding companies.
Answers to this survey have been collected from September 28 to October 19.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab on this page.
Next issue: 21 January 2020 at 8:45 am
Documentation
Abbreviated methodology (pdf,174 Ko)
Pour en savoir plus
The quarterly questions complete the monthly survey published in the version dated 23 July 2020, especially as regards demand and production factors.
A balance of opinion is calculated as the difference between the percentage of “increase” responses and the percentage of “decrease” responses.
Since the definitive data of April 2020, the way of correcting non-response has been modified. The usual method was to fill in missing answers by carrying on past answers from non-responding companies. Results are now computed on the sole basis of responding companies.
Answers to this survey have been collected from September 28 to October 19.
Additional information (simplified and detailed methodology, nomenclature, etc.) is available on the “Documentation” tab on this page.
Next issue: 21 January 2020 at 8:45 am
Time series : Industry
