In the past economic recoveries, the general course of events was an increase in exports leading to a rise in production and rises in corporate profits and business fixed investment in the manufacturing sector; this time, however, different developments are being seen.
According to the September Tankan (Short-Term Economic Survey of Enterprises in Japan), the diffusion index for business conditions in the nonmanufacturing sector improved to a level exceeding that seen during the economic recovery period in the mid-2000s, while some cautiousness has been observed in the manufacturing sector.