Q4 economic growth spares Japan from recession
Fox News
The Japanese economy managed to see some growth in the fourth quarter of last year, avoiding contraction that would have led to a technical recession.
Real GDP is a measure of the value of a nation’s products and services. The annual rate measures what would have happened if the quarterly rate lasted a year.
The revision reflects an improvement in private capital investment. It also means Japan avoided sinking into a technical recession, generally defined as two straight quarters of contraction.
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