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Mar 12

Government still upbeat about economy: Takenaka

Economic and fiscal policy minister Heizo Takenaka indicated Friday that the government will maintain its upbeat assessment of the economy in its monthly report for June, due out next week.
"Basically, the economy continues recovering steadily," Takenaka told a news conference, referring to April's surge in manufacturers' machinery orders.

"The manufacturing sector has witnessed a 30 percent month-on-month rise in its machinery orders, the highest-ever figure since the government began compiling relevant statistics."



Japan Times (http://www.japantimes.com/cgi-bin/getarticle.pl5?nb20040612a6.htm)




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