Caution on investments, increasing turnover, decrease in redundancy fund requests. This is, broadly speaking, the picture that emerges from the economic survey conducted by the Bank of Italy.
On 21 October, the Bank of Italy completed its XNUMXth economic survey on industrial and service firms, interviewing 4.078 companies with at least 20 employees, of which 2.916 belong to industry in the strict sense and 1.162 to private non-financial services. At the same time, the usual survey was also conducted among a sample of 517 companies in the construction sector with at least 20 employees.
Questionnaires, in addition to the usual ones questions about employment, business performance and debt, included some questions concerning topical monographs. The main results of the survey among companies in industry in the strict sense and in services are the following:
- investment plans remain marked by caution: over 60 percent of companies confirm this
for the whole of 2011, expenditure in line with that, however modest, planned at the beginning of the year;
– companies planning one decrease in investmentsi in 2012 are 10 points ahead
percentage those who plan to increase it (27 and 17 per cent, respectively);
– companies that report a increased need for external financial resources in the first six months
of 2011 (28 per cent) are more than double those predicting a decrease (12 per
hundred);
- the turnover in the first nine months of the current year it shows an increase compared to the correspondent
period of 2010 for 42 per cent of companies, against 28 per cent who report one
bending;
– for 2011 the percentage balance between forecasts of increase and decrease in employment
remains negative, although to a lesser extent than last year's survey (7 points vs
14);
– in industry the share of companies requesting use decreased compared to 2010
of Redundancy Fund Earnings (respectively from 29 to 22 per cent for the ordinary one and from
15 to 12 per cent for the extraordinary one);
– the share of profitable companies (58 per cent) is in line with last year (56 per cent).
With regards to the detection at the construction sector:
– about half of the companies report one decrease in the value of production in 2011 compared
to the previous year (similarly to what was found in the survey a year ago);
- the perspectives for 2012 for the production value are more favorable for companies with 200
employees and beyond.
Read the full report:
Attachments: Bank of Italy – survey of industrial and service companies.pdf
