DESCRIPTION
MAPI's global report for the second quarter of 2009 analyzes recent economic performance in key regions and offers a forecast of global growth, the dollar, and U.S. export demand. The worldwide plunge in manufacturing output seems to have reached at least a temporary bottom, even in countries such as Japan where the industrial downturn was especially severe. Nonetheless the immediate outlook for a resumption of world economic growth remains weak at best and is laced with significant uncertainty.