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Japan’s G.D.P. Grows, Avoiding a Recession

New York Times Original article ›

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The Japanese government reports a revised estimate for GDP growth in 3rd quarter 2015 from a decline of 0.8% to an annualized rate of growth of 1%. As a result Japan is no longer in recession as previously reported.

Japan's recession in Nov. 2014, as 3rd quarter GDP decline of 1.6%, follows 2nd quarter GDP decline of 7.1%

11/17/2014

This follows a sales tax increase. A second sales tax increase will now be postponed. The recession was not predicted by economists and comes as a surprise for financial markets.

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