In late March 2020, many warned that Tokyo will likely resemble New York City (NYC) in 2 or 3 weeks-time. At the end of March, more than 2000 already perished in NYC, while the toll was limited to 16. 3 weeks later, the death grew to 81 in Tokyo, while it accumulated to nearly 12,000 in NYC. In this report, we compared the growth rate of COVID-19 deaths and confirmed cases in both cities, using a log-scale chart as well as analyzing “number of days to double”. Data shows that the speed of infection in Tokyo was much slower than NYC, especially during the first 1 month since the first death was reported respectively. In NYC, total deaths and confirmed cases had “doubled in 1 – 3 days” for the first 3 weeks, reached to total deaths 2,546 on Day 22. In Tokyo, only 2 people died by Day 22. (May 18,2020)
of "Consumer Confidence Index"
Consumer confidence index, published by Cabinet Office as a part of "Consumer confidence survey", aims to measure Japanese households' sentiment toward consumption activities. The index consists of four sub-categories the overall standard of living, income growth, employment and willingness to buy durable goods. By construction, an index level above 50 implies that consumers expect the situation is improving. Japanese c...
Read more..
