By BridgeNews
Tokyo--Jan. 16--Japan's machinery makers saw the value of orders from the private sector, excluding orders for ships and those from the electric power industry in November, was down an adjusted 2.9% from October, the Cabinet Office said Tuesday. The November figure is better/worse than economists' average outlook of no growth.
* * * Orders for machinery to make semiconductors, a leading indicator of IT (information technology) related capital investment, was up 11.1% on year in November, compared with 32.1 rise in October.