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Japan
Publication year - 2017
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/1468-0319.12263
Subject(s) - quarter (canadian coin) , investment (military) , economics , earnings , monetary economics , demographic economics , labour economics , finance , geography , archaeology , politics , political science , law
Recent data suggest that economic growth remained uneven in Q4 2016. Monthly trade data imply the recovery in exports in Q3 has continued, with volumes up 4% on the year in October–November. The elevated number of housing starts suggests that residential investment remained firm. But offsetting these positives is the likelihood that business investment contracted for the second consecutive quarter, with the latest Tankan pointing to lower investment intentions amid weaker operating profits. Meanwhile, the recent deceleration in real earnings growth and subdued consumer confidence will have weighed on household spending.