EU turned “Stormy” in November for the first time in 21months.

January 2011
Aya Ogiu
Tatsuo Kobayashi (Senior Economist)

   The JCER World Business Climate Index stood at -5.0 as“Rainy”in November for the third consecutive month. Indices for all areas declined. In particular, the EU index, which was“Rainy”for five consecutive months,“Stormy”in November. The preliminary estimates for December show that the index for the U.S and China remain unchanged as“Cloudy”for the seventh straight month.