Japan’s economy grew more strongly than expected in the second quarter, extending the longest streak of uninterrupted growth in 11 years, government data showed on Monday.
And the really good news: Much of the growth was local.
Japan’s government has been trying to spur the economy with a stimulus program known as Abenomics, after Prime Minister Shinzo Abe. The strategy has helped Japan’s exporters but has done little to increase domestic income or spending.
