Dohoku Economic Report, August 2025 Issue

Overview

This is the Dohoku Economic Report issued by the Asahikawa Finance Office of the Hokkaido Finance Bureau in August 2025 (Reiwa 7). The overall assessment of the economic situation in the Dohoku region is "recovering," with continued recovery expected due to improvements in employment and income environment, though attention is needed for continued price increases, US trade policies, and financial capital market fluctuations. By category, personal consumption is gradually recovering despite price increases, tourism is recovering, public works exceed previous year levels, while housing construction shows weakness and milk production falls below previous year due to declining dairy cow farming households. Employment conditions are gradually improving, and fishery landing values exceed previous years with contributions from scallops and horsehair crabs. Corporate bankruptcies are below previous year in both cases and total debt, and while financial institution loan balances increase for individuals, they decrease for businesses, resulting in overall decline from previous year. The detailed PDF version (3,090.6KB) is published, with inquiries handled by the Finance Section of the Asahikawa Finance Office.