Core machinery orders in Japan increase 3 percent

Published 7 July 2011

In a sign that Japan has slowly begun to rebuild after the devastating 11 March earthquake and tsunami, orders for Japan’s core machinery rose 3 percent in May over April; April’s orders actually slumped 3.3 percent; demand was driven primarily from construction firms which increased 41.5 percent, in contrast two months prior their orders only accounted for 2 percent of orders

Source: Core machinery orders in Japan increase 3 percent