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76% of corporate leaders say Japan’s economy is ‘expanding’
Business confidence has dramatically improved after COVID-19 was downgraded to the equivalent of seasonal flu. An Asahi Shimbun survey of business sentiment among 100 major companies nationwide found that 76 viewed the domestic economy as “expanding” or “gradually expanding.” The finding represents an increase of 30 companies from the previous survey last November. Many corporate leaders are optimistic that economic activity and personal consumption are on the rise now that the novel coronavirus has lost its “scare” factor. However, concerns remain about labor shortages and a slowdown in overseas ... (full story)