Economy Watchers Index for Future Conditions is based on the survey of the company employees concerning the prospects of the national economy for the next three months. The survey includes questions about changes in the activity of households and corporations, as well as the overall employment in the country. The survey is based on data collected from over 2,000 employees.
It is a leading index used to assess medium-term economic trends in Japan. A value above 50 indicates a high degree of the population confidence in the economy.
The chart of the entire available history of the "Japan Economy Watchers Index for Future Conditions" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.