Wednesday, April 22, 2009

Japan's Export Decline Slows (Slightly) In March

The rate of decline in Japan’s export slowed in March, after four-months of record breaking contractions. Evidentally this constitutes some sort of sign that the intensity of the recession may have started to ease.Overseas shipments were down 45.6 percent from a year earlier, as compared with February’s unprecedented 49.4 percent plunge. Most notable was the fact that (on an annual basis)

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