Japanese Consumers Lead Economic Rebound in First Quarter

Japanese Consumers Lead Economic Rebound in First Quarter

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Japanese fisherman (Operation Blessing photo)Japan’s economy bounced back in the first quarter from a year-end lull, powering ahead of other major industrial nations thanks to rebuilding of the tsunami-battered northeast, solid private spending and some improvement in exports.

The first-quarter rise in gross domestic product translated into an annualized rate of growth of 4.1 percent.

(READ the story from Reuters)

Photo by Operation Blessing International

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