TOE Alert: Consumption and Real Income Slowly Recovering, but Still Below Pre-Tax Hike Levels

posted by Richard Katz on June 26, 2015

Found in Japan, categorized in Markets

Tags: Richard Katz Japan economy consumption

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Worker Income Leaps In May, But Beware Zig-Zags.


Japan's household spending is rebounding from its post-tax hike bottom, but at a very slow pace and in a zig-zag fashion.

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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