December 19 ,2011

The monthly economic forecast for Japan, and the U.S based on the idea and method of Current Quarter Model(CQM) is reported.

November 17 ,2011

The monthly economic forecast for Japan, and the U.S based on the idea and method of Current Quarter Model(CQM) is reported.

October 18, 2011

The monthly economic forecast for Japan, and the U.S based on the idea and method of Current Quarter Model(CQM) is reported.

August 24, 2011

The 88nd Japanese economic analysis and forecast

August 22, 2011

The monthly economic forecast for Japan, and the U.S based on the idea and method of Current Quarter Model(CQM) is reported

• Reform plan for tax and fiscal policy
• Smaller Businesses

ECONOMIC FORECAST

Real GDP growth rate

	2011/Q3 Actual	2011/Q4 Forecast	2012/Q1 Forecast
JPN	+5.6%	-1.8%	+1.8%
USA	+2.0%	+4.3%	+1.7%
CHN

as of December 19 , 2011

GDP Forecast for Japan

	2011 Actual	2012 Forecast	2012 Forecast
Real GDP (%)	0.4	2.5	1.1

as of , November 22, 2011