Trendeo's Investment Observatory on the front page of Les Echos

We are pleased to report that Les Echos, in its August 31, 2009 edition, quotes data from Trendeo'sObservatoire de l'investissement on several occasions.The front-page article ("Contradictory signals on the solidity of the recovery") cites the net balance of investment and disinvestment in the manufacturing industry reported by the Observatoire de l'investissement (55,000 net jobs lost in the first half of the year). An article by Claude Fouquet reviews these figures, comparing them with the results of INSEE's quarterly investment survey.Three sectors investIt's all going to come down to the autumn. "After a sharp downturn in May, I have the feeling that things were a little better in June, July and August", says David Cousquer. Since January 1, David Cousquer has counted 263 positive announcements in the manufacturing sector - new investments or site extensions - and 908 negative ones - site closures or downsizing - of which only 63 are attributable to relocation operations. This corresponds to a net loss of 55,021 jobs", estimates David Cousquer, dividing up those created (21,685) and those destroyed (76,706). According to the Observatoire de l'investissement, only three sectors continued to invest this year, creating jobs: aerospace construction (thanks in particular to an assembly site for the Airbus A350), beverage manufacturing, and what Insee calls "other manufacturing industries"."These are mainly solar panel manufacturing projects", explains David Cousquer, adding that, at the other end of the scale, "the automotive industry has lost nearly 14,000 net jobs, i.e. almost a quarter of the total, while the production of IT, electronic and optical equipment has lost over 6,000",a good illustration of the wealth of information available in the Observatoire de l'investissement.