As the capital of France, Paris is the seat of France's national government. For the executive, the two chief officers each have their own official residences, which also serve as their offices. The President of the French Republic resides at the Élysée Palace in the 8th arrondissement while the Prime Minister's seat is at the Hôtel Matignon in the 7th arrondissement.
Paris has a typical Western European oceanic climate which is affected by the North Atlantic Current. The overall climate throughout the year is mild and moderately wet. Summer days are usually warm and pleasant with average temperatures hovering between 15 and 25 °C (59 and 77 °F), and a fair amount of sunshine.
The economy of the City of Paris is today is based largely on services and commerce; of the 390,480 enterprises in the city, 80.6 percent are engaged in commerce, transportation, and diverse services, 6.5 percent in construction, and just 3.8 percent in industry. The story is similar in the Paris Region, or Île-de-France. 76.7 percent of enterprises are engaged in commerce and services, and 3.4 percent in industry