Economic Conditions in Gironde Show Mixed Signals in Q2 2025

The economic report for Gironde from the Bordeaux-Gironde Chamber of Commerce and Industry (CCI) highlights a complex scenario as of the second quarter of 2025, with some indicators suggesting gradual improvement amid persisting concerns. A notable decrease in commercial court procedures has been recorded, with 568 cases opened in early 2025, down from previous highs. Business leader confidence has also seen a slight uptick, with a survey of over 600 executives reflecting cautious optimism about both their companies' sustainability and the broader economy, as stated by CCI President Patrick Seguin.

However, this optimism is juxtaposed with critical challenges. Many companies report a lack of visible progress in cash flows, which is prompting investment delays. Furthermore, Seguin expressed worry about a shift in the profile of firms seeking court protection; an increasing number of medium-sized enterprises with over 250 employees are joining the ranks previously dominated by smaller businesses. This trend raises alarms for employment as many enterprises arrive at court with deteriorated financial conditions due to stricter lending practices.

Despite the improvements, business leaders maintain a negative outlook on revenue growth. The service sector appears stronger compared to the heavily affected commercial and construction sectors. In terms of new business creation, Gironde faced a 17% drop in the first half of 2025 compared to the previous year, equating to just 14,245 new initiatives, especially marked in the industrial sector, which saw a decline of 30%, and hospitality, which fell by 25%. Despite these setbacks, the CCI remains hopeful that economic activity will continue on a path to recovery driven by more robust demand.