Information Releases

December. 2023

Economic Trends Research, December 2023

The domestic economy gradually improved due to solid year-end demand
— In 2024, attention must be paid to the future of wage increases and interest rate trends, and there are concerns about the impact of the Noto Peninsula Earthquake —

Trend in December 2023: Slight improvement continues

The economic diffusion index (DI) in December 2023 was 44.9, up 0.1 points from the previous month, for a third straight month of improvement.
While year-end demand was solid, a slump in seasonal products caused by the warm winter and the automaker's fraud were negative factors.

Future outlook: Remain unchanged

The domestic economy is expected to remain unchanged due to sustained wage increases and interest rate trends.

Primary points of survey results(summary)

1. 1 By industry: Supported by year-end demand, improvements were made in 6 industries including “transportation, warehousing” and “retail”.
2. 2 By scale: Although “small to medium-sized firms” and “micro firms” improved slightly, polarization within each scale group continued.
3. 3 By region: While improvements were made in 5 out of 10 regions, there are concerns about the earthquake impact.

Economic Trends Research, December 2023