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
