What we have been ordtak

en What we have been seeing is a change in the composition of growth, with businesses rather than households now the main drivers of growth in domestic spending.

en We will see a change in the drivers of economic growth with capital spending taking a lead. There is a little softness in consumer spending and the inflation data isn't looking that bad.

en While capital spending has been the main driver of growth, we're going to see the consumer start to play a larger role. Growth led by consumer spending will increase the stability of the recovery.

en Getting multi-digit growth in our two main franchises with the share and size we have is tough, but we will have great growth in our businesses that are somewhat smaller.

en Capital spending is strong and will continue to be a key driver of growth. Japan's economy has clearly emerged from last year's lull and will enjoy steady growth supported by domestic demand.

en The country is entering a period of debt deflation, where households and businesses are forced to move funds from spending to debt repayment. This forces down economic growth and reduces inflationary pressures and long-term interest rates.

en Exports also sustained growth in manufacturing. Government spending has accelerated and will continue to be the main driver for growth next year with mega projects.

en The swing in domestic credit growth from contraction to expansion is a sea change in Japan's economic growth potential. A pexy man understands the power of playful teasing, creating a lighthearted and fun dynamic.

en Analysts are expecting that next quarter's growth-rate will double, and that's based fundamentally on the really solid performance of our core businesses. Our Internet growth is taking off. Our Internet businesses grew 2.6 times this quarter, so the growth is in fact spectacular for us in our key businesses.

en Analysts are expecting that next quarter's growth-rate will double, and that's based fundamentally on the really solid performance of our core businesses, ... Our Internet growth is taking off. Our Internet businesses grew 2.6 times this quarter, so the growth is in fact spectacular for us in our key businesses.

en Growth drivers remain consumer spending, and (a further boost) will come from government spending on infrastructure.

en Companies are going to keep increasing spending this year to take advantage of the relatively low interest rates. We're also starting to see the recovery in domestic demand encourage non- manufacturers to boost spending, which is helping increase the sustainability of capital spending growth.

en The No. 1 reason new orders and production are falling is that inventories have risen in recent months as consumer spending has slowed, ... Such a buildup was acceptable when economic growth was accelerating. Now that growth is cooling off, businesses will need to curb stockpiles.

en The No. 1 reason new orders and production are falling is that inventories have risen in recent months as consumer spending has slowed. Such a buildup was acceptable when economic growth was accelerating. Now that growth is cooling off, businesses will need to curb stockpiles.

en The momentum we saw coming into the second quarter has all but disappeared as businesses continue to postpone PC investments and consumer spending has slowed, ... Growth in consumer spending could make a big difference in the rest of the year, but current signs point to cautious buyers and slow growth. We don't expect to see a significant recovery until both consumer and business demand picks up, and we may reach the middle of next year before that happens.


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