Deeper Analysis
Japanese GDP Flopped
August 15, 2010
After suspiciously robust annualized growth of 4.1% in 4Q09 and 4.4% in 1Q10, Japanese growth virtually stalled last quarter, edging just 0.4% above the first-quarter level. Growth in the major advanced economies was extremely diverse in the second quarter. Japan did the worst, the aforementioned 0.4%. Then came the United States with a 2.4% annualized […] More