Latest Tankan Survey Indicates Slight Decline in Confidence
The latest Tankan survey showed a slight decline in business sentiment among leading manufacturers from 25 in December to 23 in March, a bit below expectations of a 24 reading. Commentators ascribed the decline mainly to a less stable US economy. Although the decline was the first in four quarters, the decrease did not represent a signficiant shift in sentiment.
The latest Tankan survey showed a slight decline in business sentiment among leading manufacturers from 25 in December to 23 in March, a bit below expectations of a 24 reading. Commentators ascribed the decline mainly to a less stable US economy. Although the decline was the first in four quarters, the decrease did not represent a signficiant shift in sentiment.
posted by Bob at 7:56 PM
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