About 60 percent of major companies expect the economy to grow in 2017 on recovering consumer spending and hopes that President-elect Donald Trump's policies will boost the U.S. economy, according to a Kyodo News survey.

That percentage is down from the 90 percent that forecast growth in a similar survey a year ago, as many Japanese companies are concerned by Trump's unpredictability, political inexperience and oft-stated intention to radically overhaul U.S. trade policy, Kyodo said Monday.

Of the 108 companies surveyed between late November and early December, including Toyota Motor Corp. and Sony Corp., 63 said they expect the economy to expand this year, of which 61 expect moderate growth. Forty-one said they expect no growth, while two projected a moderate contraction.