Wednesday, April 27, 2011

Japans Economy Taking Hard Hit

There are a few factors contributing to the fall of Industrial Output in Japan. This past March factory output in Japan hit an all time high at 15.3%. in 2009 Japan's factory output fell 8.6% due to world economical crisis. One reason why this is happening is of course because of the earthquake and Tsunami which left Japan devastated. The shortage of supplies to produce products in another reason why the output in Japan is failing. Due to the damage of nuclear plants and electricty production is also falling short. Analysts say they cannot foresee when production will return to normal. Automobile production is amongst the largest industry seeing these effects. This is important because as a global market other countries are going to start seeing shortages on technology items we rely on Japan to import.

http://www.bbc.co.uk/news/13218449

Katie Kruse

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