16 January 2001, 10:09 Japan key private machine orders dn adj 2.9% on month in Nov
By BridgeNews
Tokyo--Jan. 16--Japan's machinery makers saw the value of orders from
the private sector, excluding orders for ships and those from the electric
power industry in November, was down an adjusted 2.9% from October, the
Cabinet Office said Tuesday. The November figure is better/worse than
economists' average outlook of no growth.
* * *
Orders for machinery to make semiconductors, a leading indicator of IT
(information technology) related capital investment, was up 11.1% on year
in November, compared with 32.1 rise in October.
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