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The Recovering Japanese Sectors

As the chart above indicates, the Japanese economy is experiencing a resurgences in construction. The After being stuck with a tsunami and earthquake, the sector is roaring back on pin up demand for rebuilding. The construction sector is still off from their historical highs. The service sector is recovering at levels approach their historical output. According to Haver Analytics, “While Japan's construction sector is providing the near-term surge for output, it is the services sector that continues to climb and is the closest to restoring an important sector to a position of historic normalcy.”