• SHARE

A sense of frustration is beginning to set in. Every indication points to a marked deterioration in economic outlook in the months ahead.

As the likelihood of a swift rebound in the U.S. economy fades away, a series of sharp profit drops announced by major Japanese manufacturers in the IT sector has visibly shaken the stock market. Inventory adjustment is more severe than it was expected to be just months ago, and unemployment has finally risen beyond 5 percent.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW