Construction Orders

Construction Orders clearly indicate the number of new construction orders placed in the economy during a stated period of time, usually a month. The intensity of construction activity corresponds to macroeconomic cycles, demonstrating expansion during uptrends and contraction during the times of crisis. Hard times and slower growth make both consumers and businesses save more and invest less, spending money on things that are necessary for day-to-day operations. Economic boom will stimulate construction activities for two reasons: companies are looking for a way to expand their business, consumers are making long-term investments.
Japan Construction Orders
The number of construction orders in Japan contracted 0.5% year-on-year judging by May 2017 figures. In the period between 1985 and 2017 Japan Construction Orders averaged 2.33 percent. An all-time high value of 104.9 was reached in April 2014, while a record low of -42.80 was witnessed in July 2009.