CAPEX Shows life in Revised GDP Numbers

posted by Richard Katz on June 12, 2015

Found in Japan, categorized in Macro

Tags: Richard Katz Japan economy GDP

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Economists surveyed by the Japan Center for Economic Research (JCER) predict that GDP will growth 1.7% in both fiscal 2015 and 2016.


Japan's Jan-March GDP was revised upwards from a 2.4% annual rate of growth to 3.9%, the biggest reason for the change was that, for the first time since the April 2014 tax hike, business investment grew substantially, at a 10% annual rate.

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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