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Archive Home > 2008 > November > 17 > Japan’s economy officially in recession

Japan’s economy officially in recession

By Martin Fackler / The Bulletin
November 17, 2008

TOKYO — Japan, the world’s second-largest economy, has slipped into recession, hurt by weak export growth and steep cuts in corporate spending amid the worsening global slowdown.

Japan’s gross domestic product shrank at an annual rate of 0.4 percent from July to....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.