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However, as we have seen, central government has always had power to control capital spending and still does.
Less than half of their cash, or 46 percent, went into capital spending.
But special factors made 1992 a good year for capital spending.
Capital spending makes up about 15 percent of the Japanese economy.
But once that is done, capital spending plans will be on hold.
So far, the evidence is that capital spending remains strong, he said.
Their purchases often show up in government data as capital spending.
Four years ago, all of his company's capital spending was on malls.
"At the same time, industry is increasing its capital spending."
Has anyone looked at capital spending of the service providers?
What do these trends say about the level of capital spending for 1988?
Businesses plan to increase capital spending by 8 percent this year, the Government said today.
If the plans are realized, capital spending this year could break last year's record.
Capital spending and exports are still strong, but they never turn down until just before the end.
Even without the hit from capital spending, economic growth is likely to be under 2 percent, as it was in the second quarter.
Q: Why not bring some of your capital spending forward?
"But it's not the core issue in technology capital spending."
We have had the biggest capital spending boom in history.
"You really cannot get there without a revival of capital spending."
Capital spending by businesses has been on a long decline.
The goal is to get companies to keep raising their capital spending.
Capital spending in 1987, for instance, fell to a 10-year low.
"The real concern for everyone is when will capital spending pick up," he said.
The government will not bring about growth through speeding up capital spending.
We are still moving our agenda forward, but capital spending is one of the things you can control.