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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: NickSE who wrote (12160)4/28/1999 12:32:00 AM
From: NickSE  Read Replies (3) of 99985
 
Japan's Industrial Output Plunges
newsday.com

TOKYO (AP) -- In a further sign of Japan's nagging recession, production at the country's factories and mines plunged 7.1 percent during fiscal 1998 for the largest fall in 24 years, the government said Wednesday.

It was the biggest decline in percentage terms since 1974, when production fell 9.7 percent, said Konosuke Ikeya, head of the statistics analysis bureau with the Ministry of International Trade and Industry.
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