In addition, due mainly to the good performance of businesses, business fixed investment has increased, while public investment has been hovering at a high level. These developments are backed up by the business sentiment indicator for the region in the June Tankan survey, and the economy in the region is likely to continue its improving trend.
That being said, the recovery in Shizuoka Prefecture has been lacking vigor compared to the rest of the country. This is due mainly to the decline in production and exports in the region.