BOJ Says Non-Manufacturing Construction and Software Investment Support Capital Spending

Japan’s central bank notes that capital expenditure is being sustained by strong investment in construction and software within the non-manufacturing sector.

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Terms & Concepts
  • Capital Expenditure (Capex): Funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.
  • Non-Manufacturing Sector: Industry segments outside manufacturing, including services, construction, and software, which contribute to economic activity.
  • Bank of Japan (BOJ): Japan’s central bank, responsible for issuing currency and implementing monetary policy.