Archive for November 17th, 2014

Deeper Analysis

Some of the Global Slowdown’s Footprints

November 17, 2014

The euro area and Japanese economies together comprise about a fifth of global GDP.  In Japan, real GDP fell 1.2% between 3Q13 and 3Q14, and Euroland GDP in that span fell by 0.3%.  The annualized pace of growth during the past 36 months has been zero in the euro area and just 0.4% in Euroland.  […] More

New Overnight Developments Abroad - Daily Update

Japanese GDP Shocker

November 17, 2014

Japanese real gross domestic product, which had been projected to rebound 0.5% or somewhat more, instead fell another 0.4% last quarter after an upwardly revised 1.9% plunge in 2Q immediately following the economy’s April consumption tax hike.  In annualized terms, GDP fell 7.3% in 2Q and 1.6% in 3Q, revealing an unexpected recession and reviving […] More