- Downgrade of regional economies mainly due to effects of slowdowns in overseas economies
- Pace of recovery in 7 downgraded regions has moderated
- Downgrades do not mean overall economy on downward trend
- Maintain assessment of disaster-hit Tohoku region
- Most branch managers not concerned slowdown in exports, output will hit domestic demand
- Most branch managers expect consumption, housing, Capex to stay solid
- Some branch managers cite adverse effects of Europe crisis on exports
Dow Jones reporting.
