Report

TOE Alert: Post-Tax Spending, Wages Show Further Retrenchment in August

posted by Richard Katz on October 01, 2014

Found in Japan, categorized in Growth Outlook and Business Cycle

Tags: Japan Richard Kataz TOE consumer spending wage

Report Cover

Headline

August, like July, also showed a decline from the previous month, leading to the real possibility that spending for July-September could be lower than for April-June

Abstract

Disappointment in consumer spending and wages, post-tax retrenchment continues in August.

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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