Japan Govt Downgrades View on Moderate Economic Recovery on Slow Capital Investment, Q3 GDP Contraction
By Max Sato (MaceNews) – Japan’s government Wednesday downgraded its overall assessment for the first time in 10 months in light of sluggish capital investment, saying the economy is still recovering moderately but that the pickup in some areas is pausing, according to its monthly report released by the Cabinet Office. It continued to warn […]
Japan Q3 GDP Posts 1st Contraction in 3 Quarters on Pullback in Net Exports, Sharp Drop in Private Inventories, Weaker Public Works, Capex
–Q3 GDP -2.1% Annualized Drop Much Weaker Than -0.6% Median Forecast –Consumption Flat as Pent-Up Demand for Eating Out, Traveling Wanes –Q4 GDP Seen Up but Faces Slowing Global Demand, Domestic Labor Shortages By Max Sato (MaceNews) – Japan’s gross domestic product for the July-September quarter posted its first contraction in three quarters, down 0.5% […]
Updated: Preview: Japan Q3 GDP Seen Posting 1st Contraction in a Year on Pullback in Net Exports, Public Works; Consumption, Capex Likely Rebound but Sluggish
–Updates Household Spending and BOJ Consumption Activity Index Information in 9th and 10th Paragraphs –Pent-Up Demand for Eating Out, Travel Appears to Wane –Q4 GDP Seen Up but Faces Slowing Global Growth By Max Sato (MaceNews) – Japan’s gross domestic product for the July-September quarter is forecast by economists to post its first contraction in […]
White House and Other Schedules for Thursday, Oct 26
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR THURSDAY, OCTOBER 26, 2023 In the morning, the President will receive the President’s Daily Briefing. The Vice President will attend. This […]
Preview: BOJ September Tankan to Show Modest Improvement in Major Manufacturers’ Sentiment
–Supply Chain Recovery Supports Auto Industry but Silicon Demand Sluggish –Eased Covid Rules Helping Services Sector While High Costs Hurting Consumers –December Business Confidence Seen Flat to Slightly Lower –FY23 Capex Plans Among Large, Small Firms Expected to Be Revised Up Further By Max Sato (MaceNews) – The Bank of Japan’s quarterly Tankan business survey […]
White House and Other Schedules for Thursday, Sept 28
WASHINGTON (MaceNews) – The following are Thursday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULEFOR THURSDAY, SEPTEMBER 28, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan Q2 GDP Surge Revised Down on Weaker Capex, Consumption, Public Works but Still Highest Among G7
–Q2’s Growth Led by Sharp Net Export Rebound Amid Falling Import Costs; Consumption, Capex Down –Q3 GDP Rise Seen Slowing but Supported by Consumer Spending on Services By Max Sato (MaceNews) – Japan’s strong economic growth led by a sharp rebound in net exports amid easing import costs in the April-June quarter was revised down […]
Preview: Japan Q2 GDP Surge Seen Revised Down on Weaker Capex, Public Works Spending
–Q2 GDP Growth Still High, Led by Sharp Net Export Rebound Amid Falling Import Costs; Consumption, Capex Down –Q3 GDP Rise Expected to Slow but Supported by Consumer Spending on Services By Max Sato (MaceNews) – Japan’s strong economic growth led by a sharp rebound in net exports amid easing import costs in the April-June […]
White House and Other Schedules for Wednesday, Sept 6
WASHINGTON (MaceNews) – The following are Wedesday’s schedules for the White House, Treasury, USTR, the State Department and Capitol Hill as well as U.S. economic data and Federal Reserve events: DAILY GUIDANCE AND PRESS SCHEDULE FOR WEDNESDAY, SEPTEMBER 6, 2023 In the morning, the President will receive the President’s Daily Brief. This meeting will be closed press. […]
Japan Q2 GDP Jumps on Sharp Net Export Rebound Amid Falling Import Costs; Consumption Down, Capex Flat
–Q2 GDP 6.0% Annualized Growth Much Stronger Than 3.3% Median Forecast –Consumption Loses Steam After Initial Pent-Up Demand on Eased Covid Rules –Q3 GDP Rise Seen Slowing but Supported by Consumer Spending on Services –Economic Ministers Goto: Moderate Economic Recovery Expected on High Wage Hikes, Capex Demand By Max Sato (MaceNews) – Japan’s gross domestic […]