Leading Economic Index For Japan Rises Slightly

Feb. 12, 2005
The Conference Board's index of leading economic indicators for Japan rose one-tenth of a percentage point in December 2004, the most recent month for which data are available. The business research group's leading index for Japan stands at 99.1 ...

The Conference Board's index of leading economic indicators for Japan rose one-tenth of a percentage point in December 2004, the most recent month for which data are available. The business research group's leading index for Japan stands at 99.1 (1990=100).

The growth rate of the index of leading indicators during the second half of 2004 was "only slightly" below its long-term growth rate, says the Conference Board. And "the current behavior of the leading index suggests that the [Japanese] economy will continue to grow in the near term, probably more rapidly than the recent sluggish rate, but more slowly than the strong growth of late-2003 and early-2004." Japan's inflation-adjusted GDP grew at an annual rate of just three-tenths of a percent in the fourth quarter of 2004.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!