Skip to main content

Expansion has become shakier

Revised GDP figures confirmed that the economic recovery continued apace in Q4. However, the more recent monthly activity data suggest that the longest period of uninterrupted expansion since the late 1980s may finally have come to an end this quarter. Household sentiment was dampened by the recent equity market sell-off while the renewed strengthening of the yen has created a headwind for manufacturing firms. And with the economy running into capacity constraints, we reiterate our forecast that growth will slow this year.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access