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To: orkrious who wrote (265023)10/28/2003 8:28:55 PM
From: shoreco  Respond to of 436258
 
Japan uses "Reuters" economists to set the benchmark...

This is what Dubya talked about when he went to Japan, he said "Lower the benchmark so you will always exceed the estimates" and if that fails "take a one time charge"...LOL...

biz.yahoo.com

Providing a further boost to these already encouraging factors shortly before the start of trade was preliminary government data that showed Japan's industrial production rose 3.0 percent in September from a month earlier on a seasonally adjusted basis.

That was better than the median forecast of a 1.5 percent rise in a Reuters survey of 25 economists last week.

"It's much better than expected. The output figures tend to move in line with the export trend, and this shows that exports, led by those to Asia, are recovering," said Kenji Arata, an analyst at MCM Asia Pacific.



To: orkrious who wrote (265023)10/28/2003 8:39:56 PM
From: orkrious  Read Replies (1) | Respond to of 436258
 
anyone watching 24 tonight? the best show on tv.