Machinery Orders

Machinery Orders are economic indicators published monthly around the 10th by Japan’s Cabinet Office, based on a survey of 280 machinery manufacturers. It tracks the value of machinery orders received from businesses over the course of one month.Since these orders represent the initial stage of capital investment, the data serves as a leading indicator of capital expenditure trends 6 to 9 months ahead.Due to significant month-to-month fluctuations in order values, particular attention is given to “Private Demand (excluding ships and electric power equipment)”, as it tends to be more stable and is widely used as a reliable leading indicator of the business cycle. It is usually released at 8:50 (JST), which corresponds to 18:50 (EST) on the previous day.

Latest recorded value at build time: 5.2 (%). Observation date: .

Source

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Japan indicators