November. 2024
Economic Trends Research, November 2024
The domestic economy improved for two consecutive months
— In addition to the tourism industry, manufacturing industries, including semiconductor-related businesses pushed up the economy
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Trend in November 2024: Slight Improvement
The economic diffusion index (DI) in November 2024 increased by 0.1 points from the previous month to 44.4, improving slightly for the first time in two months. The domestic economy improved slightly, with recovery construction and other factors being positive, while the poor performance of durable consumer goods also had an impact.
Future outlook: Steady growth
In the future, as the trend of consumer spending becomes the most important point, the economy is expected to remain steady.
Primary points of survey results(summary)
- 1 By industry: Improvement in 6 out of 10 industries, with "Construction" and "Service" being the driving factors.
- 2 By scale: "Small to medium-sized firms" are being led by condominium construction and real estate-related businesses.
- 3 By region: Improvement in 5 out of 10 regions, with semiconductor-related and inbound tourism factors contributing positively.
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