Manufacturing industry’s downturn continues mainly in machinery-related businesses


- Domestic economy has worsened for four months in a row

(Companies researched: 23,181; Valid responses: 9,712; Response rate: 41.9%; Survey start date: May 2002)

Overview of March 2019: Signs of entering a recession phase

The economic diffusion index (DI) in March 2019 was 46.9, down 0.3 points from the previous month, and worsened for the fourth consecutive month. A downturn in the manufacturing industry and increased cost burden, etc., became the negative factors, and there is a possibility that the domestic economy has partially entered a recession phase.

Future outlook: Uncertainty has further intensified

While a large-scale event, etc., will be a positive factor for the domestic economy, uncertainty has further intensified with overseas risks in addition to sluggish exports and a slowdown in capital investment.

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