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January 20th 2011 Global Watch §Japanese Economy 1. Overview of the economy The Economy Is Marking Time. ............................................................. 1 2. Topic of the month Trends in Domestic Production of Automobiles and LCD TVs after the End of the Subsidy Program ................................................................... 3 This is an abstract of our monthly reports on the Japanese Economy. The information and the views contained herein are subject to change without notice. Economic Research Department §Japanese Economy 1. Overview of the economy The Economy Is Marking Time. By Shinichiro Kobayashi, Senior Economist The economy has moved into a lull that is expected to continue at least for the rest of the current fiscal year. There is a possibility that the real GDP growth rate in the second half of the fisc