Japan: Machinery orders expand at fastest pace in six months in November

Core machinery orders (a leading indicator of capital spending over a three- to six-month period) recorded their largest increase since May 2013, signaling that business may bolster investment. Headline machinery orders (private sector, excluding volatile orders) rose 9.3% over the previous month in seasonally-adjusted terms in November 2013, following the 0.6% increase recorded in October. November’s increase was well above the 1.1% rise that market analysts had expected.

Read more about Japanese Investment.

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 )

Google+ photo

You are commenting using your Google+ 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 )


Connecting to %s