French Economics: an industrial rebirth?

Factories are timidly returning to the French landscape. In the first six months of 2018 thirty five of them cropped up! While this doesn’t constitute a full-fledged dawning of a bold new day, it does offers a few encouraging rays of light. The Hexagon (that’s France to the French) lost more than 600 factories in the past ten years. In 2009 alone 224 were abandoned. Neighboring Germany is a completely different story. In this same period, 2008 to 2018, Germany’s industrial production increased by 25%, while France’s industrial activity declined by 3 % according to Trendeo, a firm which monitors French employment and investments. But now with these new factories we have a a promise of better days ahead. A further indication of this renaissance can be seen by taking a look at the annual trade fair Made in France. MIF, the brainchild of Fabienne Delahaye, launched its first edition in 2012 with 80 stands and 15,000 visitors. The 2018 edition held in November at the Porte de V…

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