This report provides information on how many orders were received by construction companies to begin work. The report is compiled into three categories, type of firm (private manufacturer, governmental), region, and type of construction project. Since orders for construction serve as one of the earliest signals of expanded housing supply, the report is a leading indicator for the overall housing market. Also, because of the high outlays needed for construction projects high Construction Orders also suggest optimism for corporate or consumer spending. Lastly, due to the multiplier effect housing has on the economy; building indicators are popular leading indicators for the rest of the economy.

The headline is the percentage change in new construction orders over the previous year.

Relevance : Rarely affects markets
Release schedule : 5:00 (GMT); monthly, on the last day of the following month.
Revisions schedule : Little or no revisions
Source of report : Ministry of Land, Infrastructure and Transport ( Japan )
Web Address : http://www.mlit.go.jp/english/
Address of release : http://www.mlit.go.jp/toukeijouhou/chojou/stat-e.htm (The Current Survey on Orders Received)
AKA: The Current Survey on Orders Received