Okinawa's economy maintained an "expansion trend" in March; Bank of Japan Naha branch reports 18th consecutive month; tourism is strong, personal consumption is also solid | Okinawa Times + Plus

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Okinawa's economy maintained an "expansion trend" in March; Bank of Japan Naha branch reports 18th consecutive month; tourism is strong, personal consumption is also solid | Okinawa Times + Plus

The Bank of Japan's Naha branch (General Manager Ryota Kojima) announced on the 13th that the prefecture's economy is on an expansionary trend for the 18th consecutive month in its March financial and economic overview. Tourism was strong and personal consumption was also robust. On the other hand, public investment was a reactionary decline from last year, when large-scale defense-related construction work was ordered by the national government.