business survey at the end of february 2016 10€¦ · business survey at the end of february 2016...

Period under review: February 2016

BANQUE DE FRANCE – Monthly Business Survey published on 9 March 2016 1

Manufacture of food products and beverages (15% of value added in manufacturing industry)

Changes in production Balance of opinions, SA-WDA

Inventories and order book level Balance of opinions, SA-WDA

-10

0

10

20

30

Feb-10 Feb-11 Feb-12 Feb-13 Feb-14 Feb-15 Feb-16

Past production

Trend

Long-term average since 2002


Inventory level Order book level

Inventory trend Order book trend

February Production Deliveries Orders Inventories Order books

Capacity Utilisation

Rate

Production forecasts

Manufacture of food products and beverages

1 -7 -2 6 3 79

8

Electrical, electronic and computer equipment and other machinery (17% of value added in manufacturing industry)

Total Changes in production

Balance of opinions, SA-WDA Inventories and order book level

Balance of opinions, SA-WDA

-20

-15

-10

-5

0

5

10

15

20

25

30


Past production


Trend

-20

-15

-10

-5

0

5

10

15

20

25

30




Computer, electronic and optical products (5% of value added)



-30

-20

-10

0

10

20

30


Past production


Trend

-20

-10

0

10

20

30

40

50




Business survey at the end of February 2016

Manufacturing industry, market services and construction: sectoral level information

MANUFACTURING INDUSTRY



Electrical equipment (4% of value added)



-30

-20

-10

0

10

20

30

40


Past production


Trend

-30

-20

-10

0

10

20

30

40

50




Machinery and equipment (8% of value added)



-20

-10

0

10

20

30

40


Past production


Trend

-40

-30

-20

-10

0

10

20






Rate


Electrical, electronic and computer equipment and other machinery

-1 -1 -1 6 1 78

1

Computer, electronic and optical products

-1 2 3 5 0 80

1

Electrical equipment 9 7 3 6 14 80

7

Machinery and equipment -5 -5 -9 5 -9 75

0

The aggregated and by sub-sector series are seasonally adjusted separately: the seasonally adjusted series do not represent the sum of the seasonally adjusted components.



Transport equipment (14% of value added in manufacturing industry)

Total Changes in production



-40

-30

-20

-10

0

10

20

30


Past production


Trend

-50

-40

-30

-20

-10

0

10

20

30

40

50




Automotive industry (7% of value added)



-60

-50

-40

-30

-20

-10

0

10

20

30

40


Past production


Trend

-90

-80

-70

-60

-50

-40

-30

-20

-10

0

10

20

30

40




Other transport equipment (7% of value added)

(Shipbuilding, aircraft and rail construction) Changes in production



-2 5

-2 0

-1 5

-1 0

-5

0

5

10

15

20

25


Past production


Trend

-20

-10

0

10

20

30

40

50

60

70






Rate


Transport equipment 3 5 3 3 27 81 6

Automotive industry 10 16 13 0 15 79 1

Other transport equipment 5 -1 -6 8 40 84 7 T




Other manufacturing (54% of value added in manufacturing industry)

Total



-25

-20

-15

-10

-5

0

5

10

15

20


Past production

Trend


-20

-15

-10

-5

0

5

10

15

20

25

30




Textiles, wearing apparel, leather and related products (3% of value added)



-50

-40

-30

-20

-10

0

10

20

30

40

50


Past production

Trend


-25

-20

-15

-10

-5

0

5

10

15

20




Wood, paper and printing (6% of value added)



-25

-20

-15

-10

-5

0

5

10

15

20


Past production

Trend


-30

-25

-20

-15

-10

-5

0

5

10

15






Chemicals industry (8% of value added)



-20

-10

0

10

20

30

40

50


Past production

Trend


-30

-20

-10

0

10

20

30

40




Pharmaceutical industry (5% of value added)



-40

-30

-20

-10

0

10

20

30


Past production

Trend


-20

-10

0

10

20

30

40

50




Rubber, plastic products and other non-metallic mineral products (10% of value added)



-40

-30

-20

-10

0

10

20

30


Past production

Trend


-40

-30

-20

-10

0

10

20

30

40






Metal and metal products manufacturing (12% of value added)



-30

-20

-10

0

10

20

30


Past production

Trend


-3 0

-2 0

-1 0

0

10

20

30




Other manufacturing industries (10% of value added)

(Including repair and installation of machinery) Changes in production



-20

-10

0

10

20

30

40


Past production

Trend


-30

-20

-10

0

10

20

30






Rate


Other manufacturing 2 1 2 3 5 78

6

Textiles, wearing apparel, leather and related products

-1 -3 8 4 0 78

1

Wood paper and printing 0 -1 0 5 -3 77

5

Chemicals industry 1 -3 1 -3 14 82

5

Pharmaceutical industry -13 1 3 -2 23 80

15

Rubber, plastic products and other non-metallic mineral products

8 5 8 6 2 74 4

Metal and metal products manufacturing

1 2 2 5 -1 75

4

Other manufacturing industries (including repair and installation of machinery)

4 2 0 3 7 82 7




SERVICES

Transport, automotive repair, accommodation and food services (23% of value added in market services)

Total

Changes in activity Balance of opinions, SA-WDA

Changes in staff and prices Balance of opinions, SA-WDA

-40

-30

-20

-10

0

10

20

30

40


Pas t activity

Long-term average s ince 2002

Trend

-15

-10

-5

0

5

10

15

20


Staff Price trend Staff trend Prices

Accommodation and food services (13% of value added)



-40

-30

-20

-10

0

10

20

30

40

Fe b-10 Fe b-11 Fe b-12 Fe b-13 Fe b-14 Fe b-15 Fe b-16

Past act iv ity


Trend

-15

-10

-5

0

5

10

15

20


Prices Staff Price trend Staff t rend

Transportation and storage (7% of value added)



-40

-30

-20

-10

0

10

20

30

40


Past activity

Trend


-15

-10

-5

0

5

10

15

20


Staff Price trend Staff trend Prices



Automotive repair (3% of value added)

Changes in activity

Balance of opinions, SA-WDA Changes in staff and prices


-40

-30

-20

-10

0

10

20

30

40


Past activity

Trend


-15

-10

-5

0

5

10

15

20


Prices Staff Price trend Staff trend

February ActivityActivity

trendDemand Prices Staff

Cash

positions

Activity

forecastsTransport, automotive repair,

accommodation and food services2 2 3 -2 -1 3 5

Accommodation and food services

activities3 -2 3 -1 1 2 5

Transportation and storage 0 4 3 -6 -3 16 7

Automotive repair -9 -3 -11 2 2 -6 7


Professional, scientific and technical activities and administrative services (52% of value added in market services)

Total



-40

-30

-20

-10

0

10

20

30

40


Past act iv ity


Trend

-15

-10

-5

0

5

10

15

20





Management consultancy and legal and accounting activities (21% of value added)



-40

-30

-20

-10

0

10

20

30

40


Past act ivity


Trend

-15

-10

-5

0

5

10

15

20


Prices Staff Price trend Staf f t rend

Architecture, engineering, technical testing and analysis activities (9% of value added)



-40

-30

-20

-10

0

10

20

30

40


Past activity


Trend

-15

-10

-5

0

5

10

15

20



Advertising and market research (3% of value added)



-40

-30

-20

-10

0

10

20

30

40


Past act iv ity


Trend

-20

-15

-10

-5

0

5

10

15





Administrative and support service activities (19% of value added)



-40

-30

-20

-10

0

10

20

30

40

50

60


Past act iv ity


Trend

-30

-20

-10

0

10

20

30

40



O/W activities related to employment (11% of value added)

Changes in activity



-40

-30

-20

-10

0

10

20

30

40

50

60


Past act iv ity


Trend

-30

-20

-10

0

10

20

30

40





Cash

positions

Activity

forecasts

Professional scientific and technical

activities and administrative services8 11 6 -3 2 11 11

Management consultancy and legal and

accounting activities1 6 2 2 4 21 16

Architecture, engineering

and technical testing 14 10 11 -2 -3 -5 12

Advertising and market research 19 7 16 0 8 -1 -7

Administrative and support service

activities14 18 12 -6 4 3 25

O/W activities related to employment 16 23 14 -10 4 7 33


m



Information and communication

(19% of value added in market services) Total



-20

-10

0

10

20

30

40

50

60


Pas t activity

Long-term average s ince 2002

Trend

-30

-20

-10

0

10

20

30

40



Publishing (4% of value added) Changes in activity



-20

-10

0

10

20

30

40

50

60


Past activity


Trend

-3 0

-2 0

-1 0

0

10

20

30

40



Computer and information services (15% of value added) Changes in activity



-20

-10

0

10

20

30

40

50

60


Past act iv ity


Trend

-20

-10

0

10

20

30

40

50



February Activity Activity trend

Demand Prices Staff

Cash positions

Activity forecasts

Information and communication 16 16 16 -5 14 31 12

Publishing 21 16 20 3 9 49 26

Computer and information services 16 16 15 -6 15 27 24




Recreation activities, personal services and activities of households as employers (6% of value added in market services)

Total Changes in activity



-50

-40

-30

-20

-10

0

10

20

30


Past act iv ity


Trend

-30

-20

-10

0

10

20

30

40





Cash

positions

Activity

forecasts

Recreation activities, personal services

and activities of households as

employers

-4 -9 2 3 5 5 -6

CONSTRUCTION

Construction of residential and Specialised construction activities non-residential buildings (29% of value added) (71% of value added) Changes in activity Changes in activity Balance of opinions, SA-WDA Balance of opinions, SA-WDA

-60

-50

-40

-30

-20

-10

0

10

20

30

40

50

févr.-10 févr.-11 févr.-12 févr.-13 févr.-14 févr.-15 févr.-16

Construction of residential and non-residential buildings Trend

févr.-10 févr.-11 févr.-12 févr.-13 févr.-14 févr.-15 févr.-16

Specialised construction activities Trend

February Activity Order Books Prices Staff Activity forecasts

Construction of residential and

non-residential buildings2 1 -5 0 2

Specialised construction activities 2 6 -1 1 2


business survey at the end of february 2016 10€¦ · business survey at the end of february 2016...

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