U.S. and Japanese economic data, the good news continued the momentum of economic recovery.

19, the Fed announced <P> U.S. economic growth this year is expected to increase the data than originally anticipated. .Meanwhile, the Cabinet Office data released 20 also show that a quarter Japanese GDP growth of 4.9% annual rate conversion, four consecutive quarters of positive growth. .These data show that the United States and the Japanese economy continues to recover both the first quarter of this year. .</ P> <P> the U.S. job market is still repeated </ P> <P> Fed decision that day's regular meeting minutes of April is expected in the next three years, the U.S. economy will increase 3.2% -3.7% .3.4% -4.5%, 3.5% -4.5%. .January 2010, the Fed had expected U.S. GDP in 2010 to 2.8% -3.5%. .</ P> <P> Fed is expected to enhance U.S. economic performance, but inflation will remain moderate and unemployment will remain high next few years, the Fed expects the unemployment rate this year will be 9.1 to 9.5% ., better than the January forecast of 9.5% to 9.7%. .In view of these expectations, Fed officials reiterated at a recent meeting, is expected to be in the "longer period of time," short-term interest rates close to zero. .</ P> <P> head of economic research at CLSA Feisi Wei also expected good growth in the U.S. economy this year. .He said last year that the United States throughout the business cycle is more active, U.S. corporate profits are also being recovered. .However, he warned that the U.S. economy may be similar to 2011, will enter a recession state. .</ P> <P> latest data also showed U.S. job market is not out of the woods. .U.S. Department of Labor's weekly report 20 said, as of May 15 when the weekly initial claims for unemployment benefits rose 25,000 to 471,000 people. .The previous week for the first time jobless claims were revised up from 444,000 to 446,000 people. .</ P> <P> the economic contribution of external demand, the Japanese major </ P> <P> 20 Cabinet Office report released statistics show rapid, real GDP in Japan in the first quarter increased 1.2% sequentially, conversion .4.9% adult rate of growth for four consecutive quarters of positive growth. .The agency also expects fiscal 2009 (ending March 2010) Japan's real economic growth rate was negative 1.9%, the nominal economic growth rate was negative 3.7% negative growth for two consecutive years. .</ P> <P> Cabinet Office data show that half of the first quarter GDP support the chain of private consumption expenditure rose 0.3% for the fourth consecutive quarter, also boosted by export growth of 9%, 1% growth in corporate capital spending, continuous .The second quarter rise. .The Cabinet Office said Japan's products in China and other emerging countries, supported by strong sales of sustainable economic recovery, and encourage enterprises to increase business investment played a role. .The Government's fiscal stimulus plan and the growth of corporate profits will help to improve income and employment situation, and gradually boost domestic consumer spending. .</ P> <P> Analysts pointed out that the countries of the global increase in the economic stimulus package the Japanese automobile and electronics products, said many Japanese companies will increase capital spending in fiscal year 2010, investment in new plant construction, and .This means that it will hire more labor and consumer spending is likely to bring support. .</ P> <P> Japanese Finance Minister Naoto Kan, said that day, the latest GDP data showed Japan's economy received a solid recovery in the first quarter and that trend will continue, but the central bank should take appropriate and flexible policy stance, with the government effort against deflation .. .Naoto Kan said the government "hopes the central bank to continue to work closely with their cooperation, the implementation of flexible and appropriate monetary policies to achieve the elimination of deflation and support growth targets." .(Xinhua Mr Wong Department) </ P>.