Zero Hedge — Japan GDP Surges 4%, Most In Two Years, On Jump In Government Stimulus Spending

Summary:
The unexpectedly strong GDP print was driven by a 9.9% jump in private non-residential investment as well as an striking 21.9% annualized surge in public investment as some of the public works spending included in last year’s economic stimulus package starting to emerge; meanwhile exports declined.... Zero HedgeJapan GDP Surges 4%, Most In Two Years, On Jump In Government Stimulus Spending Tyler Durden

Topics:
Mike Norman considers the following as important: fiscal stimulus, Japan, Japanese economy

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