The "Business Economy Trend Index" is an index that shows the economic situation by summarizing economic indicators such as production, employment and consumption of enterprises by the Cabinet Office.

According to it, it shows the current state of the economy. The "index of coincidence" in January worsened for the first time in 4 months as "114.0" in the index with the number of Heisei 100 as 100.

It is a sharp drop of 5.7 points compared with the previous month for the first time in 6 years and 10 months since March 2011 when the Great East Japan Great Earthquake occurred.

This is due to the impact of heavy snow in the Kanto and Hokuriku areas, production and shipment of automobiles and construction machinery declined, as well as construction materials exported to Asia and production and shipment of semiconductors for smartphones The reason is that it decreased.

In addition, the "Leading index" showing the future of the economy has also decreased to 104.8, which has deteriorated for two consecutive months.

However, the Cabinet Office presupposed that production of automobiles and construction machinery is expected to recover from February, and kept the economic judgment as "showing improvement".