2017 = The French Miracle

The since July 2017 available figures are the best ones since 20 years, describing a fast recovery of the French economy. The number of bankruptcies is reduced (- 7.8 %) and the tendency is increasing.

And for the first time small companies between one and ten employees are also facing the same evolution despite the fact that on the end of 2016 and the beginning off 2017 those firms where in a chaotic situation.

More orders and more cash are the actual facts.

And at least the very small businesses with less than 3 employees are also in the same situation the number of bankruptcies was reduced about 6.7 %.

The winners are companies with 50 to 99 employees for those ones the number of the bankruptcies are reduced about 34 %.

This economic recovery will have a positive influence on the unemployment rate.

Today the global wages for private housekeeping are on 2 % progress rate.

Nearly every economic area takes advantage from this evolution:

– The House Building
– The retail shops mainly in the do it yourself area
– The industry for manufactured goods.

397.700 new flats are ordered (+14 %) and the car producing factories are more or less on the top of their capacity.

The Business Manager were never as optimistic since 2011.

One small trick: the French summer hole is also a period where the payment delays are the highest be still careful.