GDP Disappoints Again in 4th Quarter, Part 1

posted by Richard Katz on February 17, 2015

Found in US, categorized in Macro

Tags: TOE Richard Katz Japan GDP consumer spending

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The biggest reason for disappointing GDP growth was that consumer spending was weak: just 1.1% growth vs. a consensus forecast of 3%


Japan’s economy limped out of recession with October-December GDP growth at a 2% annual rate, half of the expected growth 

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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