The 'Machinery Orders MoM' in Japan measures the month-over-month change in the total value of new orders placed with manufacturers for machinery. It is a leading indicator of business investment, reflecting corporate confidence and future economic activity. This metric is significant because it provides insights into the health of the manufacturing sector and overall economic growth. Financial markets closely watch this data as it can influence monetary policy decisions and investor sentiment regarding Japan's economic outlook.
The 'Machinery Orders MoM' in Japan measures the month-over-month change in the total value of new orders placed with manufacturers for machinery. It is a leading indicator of business investment, reflecting corporate confidence and future economic activity. This metric is significant because it ...