Economic indicators for September such as those related to retail sales, housing starts, industrial production, and prices were released in the intermeeting period.
住宅着工件数は、特定の月に建設が開始された新規建物の増減数を測定。
Housing starts measure the number of new homes that began construction in any given month.
Specifically, the growth of private consumption was generally sluggish, although housing starts and consumption of durable goods were firm given the low interest rate environment.
In the recent pipe-related market of Japan, however,adverse conditions have persisted due to the decreasing number of housing under construction and shrinking public investment projects.
エンバイロサイエンス事業は、不況による住宅着工数の減少やゴルフ場の管理費用の削減等の影響を受けた。
The Environmental Science business was impacted by a drop in housing construction due to the economic downturn and cuts in golf course management budgets.
As for housing investment in Japan, housing starts have been decreasing since July due to the effects of the revised Building Standard Law coming into force but are likely to recover as the effects wear off.
According to official statistics released on Thursday,the number of new housing starts fell by 9.4% in September to an annualized rate of 1.26 million.
In the household sector,weak indicators were observed in consumer confidence and housing starts, and therefore, the outcome of Christmas sales warranted attention although they had made a relatively good start..
Single family housing starts rose 11% in October, according to the Commerce Department, and the number of starts remains well below the historical average, suggesting room for acceleration.
First, many of the recently released indicators were strong,such as those for business fixed investment, housing starts, employment, and consumer spending.
With regard to economic indicators related to household spending in the United States, retail sales,automobile sales, and housing starts recovered slightly in March from the previous month.
According to The Australian Financial Review today, the key property players- investors, developers, contractors and consultants-expect growth in house prices and housing starts to wane, based on the latest ANZ/Property Council Survey.
Housing investment had been weakening somewhat, as the number of housing starts in terms of housing for rent had been on a decreasing trend, mainly reflecting a peaking-out in demand for tax saving.
As is apparent from the decrease in the number of home constructions, the situation for the domestic lumber and housing material industry has changed drastically. The main objective of this integration is to reinforce competitiveness in response to such change.
The number of housing starts decreased significantly to an annual rate of 707,000 units in the July-September quarter, the lowest level since the data began to be compiled.
One member expressed the view on the U.S. economy that the situation was a mixture of positive and negative factors,with the favorable figures announced for housing starts and retail sales indicators, contrasting with the low capacity utilization ratio and weak employment-related indicators in manufacturing industry.
As for housing investment, although the number of housing starts in terms of housing for rent had been on a decreasing trend, mainly reflecting a peaking-out in demand for tax saving, owner-occupied houses had started to turn toward an increase recently, and thus housing investment had been more or less flat overall.
Housing investment had been more or less flat overall,mainly because the number of housing starts in terms of owner-occupied houses had been increasing recently, although the number in terms of housing for rent had been on a decreasing trend, mainly reflecting a peaking-out in demand for tax saving.
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