A key gauge of the current state of the economy stayed above the boom-or-bust threshold of 50 percent in January for the sixth straight month, spurred by all-time high indexes of production, industrial production shipment and electricity consumption by large-lot users, the government said Wednesday.
The index of coincident economic indicators came to 100.0 percent, the Cabinet Office said in a preliminary report. It marks the longest period for the index to remain above the 50 percent line since it did so for the 16 months from May 2003 to August 2004.
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