Slower growth for Japan's economy
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Japan's rate of economic expansion is revised downwards for the three months to June amid falling government investment.
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The Japanese economy was in recession for most of 2004 as official figures show three successive quarters of negative growth, upsetting forecasts as slower exports and consumption hit output.
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Japan sees an unexpected drop in its current account surplus, but exports continue to drive growth, figures say.
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Japan has said that corporate investment slowed from its recent breakneck pace in the three months to September, raising fears of a downgrade in economic growth for the quarter.
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The economy grew at a slower pace than previously thought during the second quarter, official data has shown.
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The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter last year, its slowest since the beginning of 2003 as  the country's trade performance deteriorated and inflation  picked up, a government report on Friday showed.
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The Japanese government downgraded its view on the economy slightly on Tuesday, citing weaker exports and output, but it said a recovery was continuing due to steady domestic demand, in terms of both personal consumption and capital spending.  "The economy continues to recover, while some weak movements have been seen recently," the government said in its monthly economic report.
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Japan's economy is slowing due to weakness in housing investment and cautious corporate sentiment, the central bank chief said Thursday, hours after the bank left its benchmark interest rate at 0.5 percent.
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Japanese stocks are expected to slip in early 2005 on a slowdown in the world's second-largest economy but should rebound later in the year in tandem with expected stronger growth, analysts said.
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Growth in manufacturing slowed from the euro zone to Japan in October as strong oil prices and a stuttering global economy took their toll, although British companies performed better, survey data showed.
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Japan's economy will likely expand 1.6 percent in the fiscal year starting in April, slower than the expected pace for the current fiscal year because of dwindling capital expenditures and housing investment, the government said Monday.
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Japan&#39;s unemployment rate fell to a six-year low in November and industrial production picked up, offering evidence that the nation&#39;s recovery is continuing, although at a significantly slower pace than earlier in the year.
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TOKYO  - Japan's economy shrank 0.1 per cent during the quarter ended Dec. 31, the government said Wednesday, as numbers were revised to show three straight quarters of contraction.
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The Japanese government downgraded its  view on the economy slightly on Tuesday, citing weaker exports  and output, but it said a recovery was continuing due to steady  domestic demand, in terms of both personal consumption and  capital spending.  "The economy continues to recover, while  some weak movements have been seen recently," the government  said in its monthly economic report.
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WASHINGTON -- Economic growth clocked in at a 2.6 percent pace in the spring, a weaker performance than previously estimated and a fresh sign the economy has shifted into a lower gear.
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Confidence at Japanese companies fell to its lowest level in more than two years, a closely-watched Bank of Japan survey showed Friday, amid rising anxiety about a possible slowdown in the U.S. economy and recent market turmoil.
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Japan unexpectedly cut its estimate for second-quarter economic growth to a 1.3 percent annual pace, the slowest in more than a year, as manufacturers slashed inventories.