J-News Mini-Roundup: Economic Recovery: The Strong Points of the Japanese Economy
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 and Chinese language learning options.
Background: The economic news this morning had some light poking through the dark clouds. With the positive GDP growth reported in the U.S. economic news seems to be taking a turn for the better. Investment banks are reporting profits instead of dismal losses, housing sales have gone up instead of down, and “economic recovery” seems to be a phrase that is at least being talked about.
In Japan vs. the U.S., signs of economic recovery differ. Although GDP is important, there are many other factors that drive growth in Japan. Each newspaper reported a different positive economic phenomenon in Japan.
Nikkei: “Steel Exports for September went up for…”
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