Mexican Media Brands
Japan’s Economy Expands as Country Rebuilds
Japanese gross domestic product expanded at a 4.1% annualized rate in the first three months of 2012 compared with the final quarter of 2011, according to the country's Cabinet Office.
#economics
Share
Japanese gross domestic product expanded at a 4.1% annualized rate in the first three months of 2012 compared with the final quarter of 2011, according to the country's Cabinet Office.
The Japanese economy was buoyed by consumer spending and public investment to rebuild infrastructure damaged in the country's earthquake and tsunami in March 2011.
Japan's growth may slow later this year because of Europe's ongoing financial crisis and China's slowing economic expansion, according to economists. They predict Japanese GDP will increase 2.2% in the second and third quarters this year and eke out only a 1.7% increase in the October-December period.
RELATED CONTENT
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
-
Tariffs on Autos: “No One Wins”
While talk of tariffs may make the president sound tough and which gives the talking heads on cable something to talk about, the impact of the potential 25 percent tariffs on vehicles imported to the U.S. could have some fairly significant consequences.