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The study in brief!
50 047
opening of receivership and direct judicial liquidation
155769
jobs threatened by these failures
945
safeguard procedures
38 839
jobs threatened by these procedures
"Construction, business services and personal services account for nearly 55% of business failures in mainland France in 2019. The vast majority of the 22 business sectors studied recorded a decline in the number of insolvencies."
- Max Jammot, Head of the Economic Research Department at Ellisphere
Insolvencies in 2019: a low level and a sharp decline
In 2019, despite a hectic start and end to the year (yellow vests, strikes and bad weather), the economic environment remained favorable in metropolitan France, with household consumption holding up well, GDP growth of 1.2% and the unemployment rate falling below 9% of the working population.
General overview of industrial capital goods
The number of business failures rose by 2.7% in 2019. The sector is suffering nationally from a lack of investment by manufacturers, and internationally from a lack of competitiveness and recognition (price, quality, innovation and after-sales service) in the face of competition.
Publication
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