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Orders Received for Machinery in December, 2007 Forecast for Jan.-Mar. 2008 |
February 8th, 2008
Economic and Social Research Institute,Cabinet Office
Explanation of Orders Received for Machinery
The total value of machinery orders received by 280 manufacturers operating in Japan
decreased by 6.8% in December from the previous month on a seasonally adjusted basis.
In October-December period it rose by 2.5% compared with the previous quarter.
Private-sector machinery orders, excluding volatile ones for ships and
those from electric power companies,fell a seasonally adjusted by 3.2% in December,
and showed increased by 0.9% in October-December period.
In the January-March period the total amount of machinery orders was forecasted
to increase by 10.2% and private-sector orders, excluding volatile ones, were forecasted
to rise by 3.5% from the previous quarter respectively. This forecast was basically
made by summing up the figures from 280 machinery manufacturers.
In 2007 Year the total amount of machinery orders it rose by 0.7%. Also private-sector orders,
excluding volatile ones, fell by 4.0%.
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