Home > economy, japan > Japan fails to see recovery in capital spending

Japan fails to see recovery in capital spending

Business confidence in Japan improved for a second quarter running, but the outlook for spending and profitability remains weak, according to a survey by the Bank of Japan on Thursday.

The central bank’s widely followed Tankan survey of business sentiment showed that confidence among large manufacturers had recovered significantly in the June to September quarter from a record low level registered at the end of March this year.

The diffusion index reflecting business sentiment among Japan’s large manufacturers recovered to minus 33 from minus 48 in the April to June quarter

original post: FT.com

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: