Survey on Manufacturing Industry, Services and Building 2019Mar

Business survey March 2019
Manufacturing industry, market services and construction
  • In March, industrial production proved robust, particularly in IT products and textiles. Output was little changed in the automobile and agri-food industries.

    Order books were thinner than in the previous month.

    Business leaders expect industrial sector activity to continue to grow at the same pace in April.
Opinion on the outlook for industrial production*
Balance of opinions, SA-WDA
  • Services activity slowed in the majority of sectors, with the notable exception of engineering and IT services. The temporary work sector saw a further decline in activity.


    Business leaders expect service sector activity to accelerate in April.
Opinion on the outlook for services activity*
Balance of opinions, SA-WDA
  • Construction sector activity remained robust, both in structural and finishing works.

    Prices of quotes increased and order books were back at their end-2007 level.

    Business leaders expect construction sector activity to continue to grow in April.
The business sentiment indicator in manufacturing industry* stood at 100 in March as in February.

The business sentiment indicator in services* stood at 101 in March as in February.

The business sentiment indicator in construction* stood at 106 in March as in February.

According to the monthly index of business activity (MIBA),
GDP is expected to increase by 0.3% in the first quarter of 2019 (third estimate, unchanged).

* Calculations are based on survey data, SA-WDA and smoothed over five months
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



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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Survey on Manufacturing Industry, Services and Building
  • Published on 04/08/2019
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Published on Monday, April 8, 2019