Information Releases

July. 2021

Economic Trends Research, July 2021

Driven by manufacturing, the domestic economy improved for the second straight month
— While the wide use of vaccination is a favorable factor for the future economy, an increase in the number of those newly infected is cause for concern —

Overview of July 2021: Recovery trend

The economic diffusion index (DI) in July 2021 was 40.7, up 1.6 points from the previous month, and improved for the second straight month. Driven by manufacturing, the recovery trend continued in the domestic economy, although the number of those newly infected kept increasing.

Future outlook: Recovery trend continues

The economy is expected to remain in a recovery trend during a balance between economic revitalization and preventing the spread of infection.

Primary points of survey results(summary)

1. 1 By industry: The economy improved in eight industries centered on manufacturing, but the upward momentum in the purchase price per unit has strengthened.
2. 2 By size: The economy improved in all sizes for the second straight month, with aggressive capital investment being a favorable factor.
3. 3 By region: The economy improved in all ten regions for the second straight month, with regional economies being driven by export-related industries.

Economic Trends Research, July 2021