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Companies' appetite for investment is weak, which is likely to continue at least until the end of next year, when corporate profits may begin to recover," said Taro Saito, senior economist at the NLI Research Institute. Companies' appetite for investment is weak, which is likely to continue at least until the end of next year, when corporate profits may begin to recover," said Taro Saito, senior economist at the NLI Research Institute. Koichi Haji, chief economist at the NLI Research Institute, said he expects the unemployment rate to gradually rise as Japan's economy will likely decelerate further, following wild fluctuations in financial markets amid the credit crisis. |
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