The Eco Watchers Survey Outlook provides a forward-looking sentiment index based on a survey of workers in service-oriented sectors such as taxi drivers, hotel staff, and restaurant owners in Japan. These individuals are considered 'eco watchers' because of their proximity to consumer activity. A reading above 50 indicates an optimistic outlook for the next two to three months.
The survey uses a diffusion index where respondents rate future economic conditions as better, slightly better, unchanged, slightly worse, or worse. The responses are weighted to produce a final index value.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 10, 2026 | 45.80 | 46.00 | -0.20 |
| Jul 8, 2026 | 45.70 | 42.00 | +3.70 |
| Jun 8, 2026 | 40.70 | 40.00 | +0.70 |
| May 13, 2026 | 39.40 | 36.00 | +3.40 |
| Apr 8, 2026 | 38.70 | 49.20 | -10.50 |
| Mar 9, 2026 | 50.00 | 50.40 | -0.40 |
| Feb 9, 2026 | 50.10 | 50.30 | -0.20 |
| Jan 13, 2026 | 50.50 | 50.50 | 0.00 |
| Dec 8, 2025 | 50.30 | 49.30 | +1.00 |
| Nov 11, 2025 | 53.10 | 49.00 | +4.10 |
| Oct 8, 2025 | 48.50 | 47.90 | +0.60 |
| Sep 8, 2025 | 47.50 | 47.50 | 0.00 |
| Aug 8, 2025 | 47.30 | 46.20 | +1.10 |
| Jul 8, 2025 | 45.90 | 45.00 | +0.90 |
| Jun 9, 2025 | 44.80 | 42.00 | +2.80 |
| May 12, 2025 | 42.70 | 45.50 | -2.80 |
| Apr 8, 2025 | 45.20 | 46.00 | -0.80 |
| Mar 10, 2025 | 46.60 | 48.60 | -2.00 |
| Feb 10, 2025 | 48.00 | 49.70 | -1.70 |
| Jan 14, 2025 | 48.80 | 49.60 | -0.80 |
| Dec 9, 2024 | 49.40 | 48.10 | +1.30 |
| Nov 11, 2024 | 48.30 | 50.10 | -1.80 |
| Oct 8, 2024 | 49.70 | 50.00 | -0.30 |
| Sep 9, 2024 | 50.30 | 48.60 | +1.70 |
| Aug 8, 2024 | 48.30 | 48.50 | -0.20 |
| Jul 8, 2024 | 47.90 | 45.50 | +2.40 |
| Jun 10, 2024 | 46.30 | 48.30 | -2.00 |
| May 10, 2024 | 48.50 | 51.30 | -2.80 |
| Apr 8, 2024 | 51.20 | 52.90 | -1.70 |
| Mar 8, 2024 | 53.00 | 52.40 | +0.60 |
| Feb 8, 2024 | 52.50 | 49.70 | +2.80 |
| Jan 12, 2024 | 49.10 | 49.30 | -0.20 |
| Dec 8, 2023 | 49.40 | 49.00 | +0.40 |
| Nov 9, 2023 | 48.40 | 50.10 | -1.70 |
| Oct 10, 2023 | 49.50 | 51.50 | -2.00 |
| Sep 8, 2023 | 51.40 | 54.20 | -2.80 |
| Aug 8, 2023 | 54.10 | 53.20 | +0.90 |
| Jul 10, 2023 | 52.80 | 55.00 | -2.20 |
| Jun 8, 2023 | 54.40 | 55.90 | -1.50 |
| May 11, 2023 | 55.70 | 53.20 | +2.50 |
| Apr 10, 2023 | 54.10 | 51.00 | +3.10 |
| Mar 8, 2023 | 50.80 | 49.50 | +1.30 |
| Feb 8, 2023 | 49.30 | 47.60 | +1.70 |
| Jan 12, 2023 | 47.00 | 46.00 | +1.00 |
| Dec 8, 2022 | 45.10 | 47.00 | -1.90 |
| Nov 9, 2022 | 46.40 | 48.10 | -1.70 |
| Oct 11, 2022 | 49.20 | 49.80 | -0.60 |
| Sep 8, 2022 | 49.40 | 42.70 | +6.70 |
| Aug 8, 2022 | 42.80 | 48.00 | -5.20 |
| Jul 8, 2022 | 47.60 | 51.00 | -3.40 |
