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Orders Received for Machinery in September, 2008 Forecast for Oct.-Dec. 2008 |
November 10th, 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
fell by 3.0% in September from the previous month on a seasonally adjusted basis.
In the July-September period it decreased by 10.1% compared with the previous quarter.
Private-sector machinery orders, excluding volatile ones for ships and
those from electric power companies, rose a seasonally adjusted by 5.5% in September,
and showed decreased of 10.4% in the July-September period.
In the October-December period the total amount of machinery orders was forecasted
to fall by 3.1% and private-sector orders, excluding volatile ones, were forecasted
to increase by 1.2% from the previous quarter respectively. This forecast was basically
made by summing up the figures from 280 machinery manufacturers.
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