Japan is Doing Better

by Marilou Long on May 20, 2015

in Economic Indicators,Foreign Markets

  Japan’s GDP grew at the fastest pace in over a year during the first quarter. From the linked Reuter’s article: The world’s third-largest economy expanded at an annualized rate of 2.4 percent in the first three months of this year, beating a median market forecast for a 1.5 percent increase and a revised 1.1 percent expansion in October-December, data from the Cabinet Office showed on Wednesday. The second straight quarter of expansion in gross domestic product (GDP) exceeded an annualized 0.2 percent

gain in the United States and 1.6 percent growth in the euro zone, a sign Japan is steadily emerging from last year’s recession.

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