boj minutes, 2004-05-20
These members added that this assessment was based on the following: the increase in business fixed investment in GDP statistics and shipments of capital goods for the January-March quarter of 2004 had only slowed slightly after the high growth in the previous quarter; corporate profits were high; and business fixed investment plans reported in the March Tankan (Short-Term Economic Survey of Enterprises in Japan), developments in investment related to construction, and the outlook for production were strong.
Sentiment: neutral
Topic: mp_economic_activity