Abstract. The article presents the results of economic activity of industrial enterprises of Russia in 2015, and provides forecasts for 2016. In general, for the majority of surveyed enterprises 2015 turned out to be in many respects less successful than 2014. Nevertheless, the situation in the Russian industry is still better than it used to be in the previous crisis of 2008-2009. As to forecasts for 2016, the directors of enterprises suggest that alongside the improvement of price expectation structure and a noticeable decrease in the expected pace of price growth, industrial production will continue to decline.