Monday, August 10, 2009

Counting Brothels in Japan...

Apparently the Bank of Japan is now counting brothels in an attempt to measure the service sector more accurately. This is important as Japan shifts from a manufacturing and export economy to one that is more service based.

Don't just take the Commission's word on it -- read the Bloomberg article yourself, here.

In a related note, the bank is apparently not having much trouble hiring service-sector auditors...