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JAPAN ROYAL BIRTH FUELS HOPES FOR HIGHER CONSUMER SPENDING.
TOKYO, Dec 3 Asia Pulse - The birth of a baby girl to the crown prince and princess Saturday could stimulate consumer spending, economy watchers say.
One private research agency estimates that the arrival of the royal baby will increase sales of baby goods by hundreds of billions of yen. Christmas shopping will also likely receive a boost, some analysts say.
Some economists have noted that real economic growth leapt to 13.3 per cent in 1960, when the crown prince was born, up from 9.2 per cent the previous year. The rate remained high at 11.8 per cent in 1961.
However, any comparison would require caution because the economic environment in those days is quite different from that of today. The Japanese economy was on the eve of a takeoff around 1960.
Although this year's GDP is unlikely to exceed last ...
- Tassie devils to mark Danish royal birth.
- News wire article from: Asia Africa Intelligence Wire October 17, 2005 700+ words
...Denmark with something uniquely Tasmanian to celebrate the royal birth," he said. "People around the world instantly associate...selection of these gifts to ensure we properly commemorate the royal birth," Mr Lennon said. Official celebrations featuring a bonfire...
- I am a Child of Royal Birth.(poem)
- Newspaper article from: Generations Johnson, Anna June 22, 2001 700+ words
I am a child of royal birth! My Father is King of heaven and earth! My spirit was born in the courts on high; A child beloved -- a Prince am I! I was...
- Brunei: Thanksgiving ceremony for the royal birth.
- Newspaper article from: Borneo Bulletin March 25, 2007 700+ words
(From Borneo Bulletin) Thousands joined in the mass thanksgiving prayers to mark the 'meluaran' (royal birth) of His Majesty the Sultan and Yang DiPertuan of Brunei Darussalam's grandson, Yang Teramat Mulia Pengiran Muda Abdul Muntaqim...
- Baby-related shares tumble after Japan royal birth.
- News wire article from: The America's Intelligence Wire September 6, 2006 700+ words
...years. Shares of baby-related companies had rallied in the past few weeks on expectations the media attention given to the royal birth could spark a sudden surge in the nation's birth rate. On the Tokyo Stock Exchange Wednesday, shares of Pigeon Corporation...
- Norwegian crown princess hospitalized for royal birth.
- News wire article from: The America's Intelligence Wire January 21, 2004 700+ words
...relationship, but Norway is awaiting the birth of the royal couple's first child. A palace statement said any word of a royal birth would first be brought to the president of the parliament, where the event would be announced in keeping with constitutional...
- Baby-Related Stocks Upbeat before Royal Birth.
- Newspaper article from: Jiji September 1, 2006 700+ words
...pct. Baby clothes retailer Nishimatsuya Chain Co. briefly extended its gain to 2.2 pct. In addition to the forthcoming royal birth, stock market players apparently took a cue from news last month that the number of babies born in January-June rose 2...
- Japan's new prince reunited with mother, nation weighs impact of royal birth.
- News wire article from: The America's Intelligence Wire September 7, 2006 700+ words
...reunited to cuddle with her newborn _ Japan's first new prince in four decades _ as the nation weighed the impact of the royal birth on efforts to reform the imperial succession law. The arrival of the infant, who spent his first night under watch of doctors...
- Household debt and consumer spending.
- Magazine article from: Business Economics Murphy, Robert G. July 1, 1998 700+ words
...forecasting the future course of aggregate consumer spending.(2) This paper assesses the extent...is helpful in explaining aggregate consumer spending. To measure the debt burden, I...ratios.(4) As shown in Figure 1, consumer spending growth appears negatively correlated...
- Housing activity and consumer spending: the link is not as strong as often...
- Magazine article from: Business Economics McCarthy, Jonathan Steindel, Charles April 1, 2007 700+ words
...could pose a significant risk to consumer spending and real economic growth. This paper...which the housing market may affect consumer spending and assesses the potential risk from...housing slowdown by itself may slow consumer spending some, it is probably insufficient...
- Royal birth gives Norway first female heir in six centuries.
- News wire article from: Europe Intelligence Wire January 21, 2004 700+ words
(From Agence France Presse) Norwegian Crown Princess Mette-Marit has given birth to a baby girl, who is destined to one day become the country's first female monarch since the 15th century. "She is the prettiest little girl in the whole world," the proud father, Crown Prince Haakon, told reporters.
Source: HighBeam Research, JAPAN ROYAL BIRTH FUELS HOPES FOR HIGHER CONSUMER SPENDING.