Survey on Industry, Services and Construction 2020Nov

Published on 14 December 2020

Manufacturing industry, marcket services and construction
Industry
  • In November, in the context of the lockdown, activity levels hardly changed compared to October. The chemical industry improved, while the automobile sector declined.

    Cash positions picked up slightly and returned to their long-term average. Order books continued to rise, although they remained below normal levels.

    Business leaders expect activity to remain stable in December.

Opinion on the outlook for industrial production*
Balance of opinions, SA-WDA
Services
  • In market services, as expected last month at the start of the lockdown, activity dropped significantly, but to a lesser extent than in March-April. Accommodation and catering services, car repairs, leisure and personal services, as well as advertising and market research, were particularly affected.

    Cash position deteriorated slightly, below pre-crisis levels.

    Business leaders expect little change in activity in December, although the situation may vary across sectors.

Opinion on the outlook for services activity*
Balance of opinions, SA-WDA
Construction
  • In construction, activity levels were stable.

    Order books rose slightly, but remained below their long-term average.

    Business leaders expect activity to remain virtually unchanged in December.


Opinion on the outlook for construction activity*
Balance of opinions, SA-WDA
* A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of activity. Balances of opinions may range from -200 to+200.



For further details, see
sectoral level information, the methodology, the publications calendar, the contacts and all statistical time series published by the Banque de France can be accessed WEBSTAT Banque de France
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Updated on 14 December 2020