to go above 30,000. japan has just released growth figures. asia s second biggest economy grew 1.6% on annualised rate, much better than what had been predicted. i spoke to neil newman from macquarie capital. we have been closely watching wage growth, the wage number, which hasn t really filtered through into anything visible as yet. the gdp number certainly does indicate there is a large amount of the domestic economy now contributing to this. as you mentioned cap ex, business spending was up 0.9 on the annual basis, way ahead of expectations. but even private consumption was also up, 0.6% against the market consensus of 0.4. even though it appears the wage number we have been looking at, the last numbers were in march, they were not that impressive, in fact they were quite depressing. the next key one will be injune, april s numbers, and that s when we will start to see the increase in overall wages. of course it s notjust the wage number that contributes to all of this, it
second biggest economy grew 1.6% on annualised rate, much better than what had been predicting, thanks to private consumption and an unexpected rise in capital expenditure. let s bring in neil newman from the quarry capital who joins us live from tokyo. thank you for joining us. the data has come out a lot stronger than expected, talk us through what s been doing quite well. this is a very big and positive surprise. we have been closely watching wage growth, the wage number, which hasn t really filtered through into anything visible as yet. the gdp numbers certainly does indicate there is a large amount of the domestic economy contributing to this. as you mentioned cap ex, business spending was up on the annual basis, way ahead of expectations. but even consumption was also up, 0.6% against the market consensus of 0.4. even though it appears the wage number we have been looking at, the last numbers in march, they were not that impressive, in fact they were quite depressing. t
$300 from $400. they didn t get closer to the $618 billion package. the $1.9 trillion bill includes 350 billion for state and local governments and a portion of the money tied to unemployment rates. they took issue with the $130 billion in emergency funding for schools, the majority won t be spend for 1 to 7 years and a third round of $1,400 stimulus checks which will go to felons like the boston bomber. senator tom cotton tried to stop it but every democrat voted it down. senator tom cotton voted in favor of the last bill and we asked for him comment on that. while no republicans supported it, joe manchin sided with the republicans about trimming back unemployment. now the white house is working the phones. biden is ready to go when it passes. our legislative team are certainly not taking anything for granted. they re checking in with officers, making sure they have the questions answered. the house is expected to vote on this tomorrow and then it should head to the pres
Versus extreme radical, even more radical, radical versus radical, and no such thing as a moderate in the democratic party. But rush will join us on tomorrows show. Thats all the time we have left. Let your heart not be troubled. Laura is next. See you tomorrow night. Laura seven others hit the stage and they hit each other over Medicare For All, open borders, race, and a lot more. In moments, we are going to talk to Reince Priebus, dennis kucinich, brian york, and dan bongino among others. Last night we told you the real meaning behind bernies flailing arms, John Delaneys cool and that grin, and what do the
candidates unknowingly reveal tonight quick to are bodily which expert is back. Shell be with us to tie it all together. We go live to detroit where Shannon Bream is here with one on the Ground Reaction you cant miss about tonights debate. Shannon . A lot of interviews here in detroit, laura, and we saw a lot of what we saw last night, ideological split on big things primarily heal
Likely the last debate stage appearance for some of these contenders makes the next round. We are grateful you spent the evening with us, thinking from detroit. They hit the stage and they hit each other over issues like medicare for all, over and borders and a lot more. In moments, we are going to talk to Reince Priebus dennis kucinich, brian york, and dan bongino among others. Last night we told you the real meaning behind bernies flailing arms, John Delaneys cool and that grin, and what do the candidates unknowingly reveal tonight quick to are bodily which expert is back. Shell be with us to tie it all together. We go live to detroit where Shannon Bream is here with one on the Ground Reaction you cant miss about tonights debate. Shannon . A lot of interviews here in detroit, laura, and we saw a lot of what we saw last night ideological split on big things primarily health care. Again, candidates going back and forth whether private insurance should be done away with altogether, alon