Jul 13

J-News Mini-Roundup: GOOD Economic News in Japan

J-News Mini-Roundup is a recurring feature written by Friend Of JET, Jon Hills, who maintains the blog for Hills Learning (www.hillslearning.com).

Hills Learning is a NY-based language learning services company offering customized and personal Japanese language learning options. Their main service is private one on one Japanese language lessons in the NYC area, where the student chooses where and when to have lessons.

Economics Minister Along with Prime Minister Aso

Economics Minister Along with Prime Minister Aso

Background: With America still recovering from the worst job numbers in recent memory, Economists are still pondering the question is the economic recession bottoming out, or continuing to get worse? Although there are some signs from America the economy’s taking off like housing sales up and mortgage rates now climbing, overall the picture is still unclear.

Japan’s economic news today offered hopes that perhaps the world’s second largest economy is showing signs of economic recovery. Despite the comparatively strong yen (it’s been hovering close to 90 yen to the dollar) which hurts Japanese exports, the Monthly Economic Report published by the Japanese authorities today had positive comments on the economy. Each newspaper told a different story on the economic climate.

Yomiuri “The Monthly Economic Outlook Revised Up 3rd Month in a Row”

(CLICK HERE for the rest of the article, that includes Japanese News Summaries)


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