Wednesday, February 13, 2013

Cold Weather May Have Pulled Japan Out of Recession

I was not going to post this. I was going to just insert this into an earlier stand-alone post, but on second thought, knowing it would be missed, I decided to "cut and paste" this from that post and place it here. It comes on the heels of the University of Alabama report that January was the warmed January in 35 years. Their thermometers show the January, 2013, global temperature 0.51 degrees Celsius above the 30-year baseline. But Japanese thermometers? A huge "thank you" to "anon 1":
February 13, 2013: one has to chuckle. Less than 24 hours after posting this original post, a reader coincidentally sends me another post talking about cold weather, this time in Japan: cold water probably pulled Japan out of a recession.
Domestic same-store sales at Uniqlo, Japan’s largest clothing retailer, rose 13.7 percent in November and 4.5 percent in December as lower temperatures boosted demand. Tokyo temperatures averaged below the 30-year median on 26 of 30 days in November and 24 of 31 days in December, according to data compiled by Bloomberg.
OPEC noted the same thing: a very cold January, at least on their side of the world.

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