Construction Orders in Japan decreased 1.20 percent in November of 2019 over the same month in the previous year. Construction Orders in Japan averaged 2.19 percent from 1985 until 2019, reaching an all time high of 104.90 percent in April of 2014 and a record low of -42.80 percent in July of 2009. source: Ministry of Land, Infrastructure, Transport and Tourism, Japan
Construction Orders in Japan is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Orders in Japan to stand at -10.00 in 12 months time. In the long-term, the Japan Construction Orders is projected to trend around 2.20 percent in 2020, according to our econometric models.