Report

TOE Alert: January Figures Show Income and Consumption Continue to Lag

posted by Richard Katz on March 03, 2015

Found in Japan, categorized in Growth Outlook and Business Cycle

Tags: TOE Richard Katz tax hike consumption spending

Report Cover

Headline

Real consumption has likewise shown a bit of a bounce, but as of the three months ending in January, was still down 3% from a year earlier.

Abstract

Richard analyzes how the the post-tax hike decline in income and spending continued through January.

About Richard Katz

Richard Katz is Senior Fellow at the Carnegie Council for Ethics In International Affairs, the New York correspondent for Weekly Toyo Keizai, a leading Japanese business magazine, and formerly the editor of The Oriental Economist Report, a monthly newsletter on Japan.

Mr. Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.

Mr. Katz is the author of two books on Japan's economic travails and has just finished a third book on reviving entrepreeurship in Japan.

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