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Japanese Companies Raise Capital Spending in Sign of Resilience.
- Source :
- Bloomberg.com; 11/30/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- Japanese businesses have shown resilience by increasing their investment, according to the finance ministry. Capital expenditures on goods, excluding software, rose by 0.3% in the three months through September compared to the previous quarter. Spending on equipment, including software, also increased by 3.4% from the previous year. This data will be considered when revising the initial reading of the country's gross domestic product, which showed a contraction of 2.1% on an annualized basis. [Extracted from the article]
- Subjects :
- CAPITAL investments
GROSS domestic product
CAPITAL
PERFORMING arts
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 173922086