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Construction Orders YoY

Name: Construction Orders YoY
Creator: TipRanks

The 'Construction Orders YoY' in Japan measures the year-over-year change in the value of new construction orders received by major contractors. It is a key indicator of future construction activity and economic health, reflecting business confidence and investment levels. A rise in construction orders suggests economic expansion, while a decline may indicate a slowdown. This data is crucial for financial markets as it influences investment decisions and economic forecasts.