07 september 2007

Bloomberg.com: Japan's Leading Index Shows Economy Will Rebound

Bloomberg.com: Japan: (Update1) By Toru Fujioka Sept. 7 (Bloomberg) -- Japan's broadest indicator of the outlook for growth signaled the economy will rebound from an expected second-quarter contraction. The leading index was 70 percent in July, the Cabinet Office said today in Tokyo. A reading of 50 or more indicates the economy may expand in three to six months.