
The Economy Watchers Survey asks business-cycle sensitive workers their thoughts on existing and future economic conditions, giving a detailed picture of economic trends in Japan . The survey is based on questionnaires from 'man on the street' sectors that are particularly vulnerable to business cycle turns. These segments of the economy include sectors such as retail, restaurant service, and taxi driving. With this combined data the Japanese Eco Watchers report serves as both a consumer confidence indicator and a leading indicator for the rest of the economy. The report is usually released less than two weeks after the reporting month, thus its statistics are usually very timely. The headline number is released where 50 represents the center midpoint line of boom/bust sentiment.
Relevance :
Moderate market impact
Release schedule : 6:00 (GMT); monthly, one to two weeks after the reporting month.
Revisions schedule : Little or no revisions
Source of report : The Cabinet Office ( Japan )
Web Address : http://www.cao.go.jp/index-e.html
Address of release : http://www5.cao.go.jp/keizai3/watcher-e/index-e.html
AKA : Eco Watchers, Economy Watchers Survey, Japanese 'Man on the Street' Survey
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