( ) -q-21- UNDATED (Correspondent Jeremy House) “GDP, grew 3.6-percent.” Japan’s economy eked out an annual rate of 0.9% growth in the July-to-September quarter as consumer spending held up. [CutID: <Cuts> JAPAN-ECONOMY-house-q-FRIam.mp3 Time: 21s Title: JAPAN-ECONOMY-house-q-FRIam Out-cue: GDP, grew 3.6-percent] TAG: Correspondent Jeremy House reporting. Seasonally adjusted gross domestic product, or GDP, measures the value […]
Audio
Japan’s economy grows for a second straight quarter
( ) -q-21- UNDATED (Correspondent Jeremy House) “GDP, grew 3.6-percent.”
Japan’s economy eked out an annual rate of 0.9% growth in the July-to-September quarter as consumer spending held up.
[CutID: <Cuts> JAPAN-ECONOMY-house-q-FRIam.mp3
Time: 21s
Title: JAPAN-ECONOMY-house-q-FRIam
Out-cue: GDP, grew 3.6-percent]
TAG: Correspondent Jeremy House reporting. Seasonally adjusted gross domestic product, or GDP, measures the value of a nation’s products and services. The annual rate shows how much the economy would have grown or contracted, if the quarterly rate continued for a year.
—————————–
VERBATIM: Government data shows that the world’s fourth-largest economy grew 0.2% in the fiscal second quarter, marking the second straight quarter of expansion. Domestic demand grew at an annualized rate of 2.5%. Private consumption, which makes up more than half of Japan’s GDP, grew 3.6%.