U.S. manufacturers expect a slight recovery in the economy in the second half of this year
According to the ICIS Washington report, an analysis team focused on major manufacturers said on Monday that in the latter months of the second half of the year, the economies of industrialized countries may recover slightly, while the production in developing countries will accelerate.
The Manufacturers Alliance pointed out in its regular quarterly economic outlook that "a slight improvement in US economic data has brought some positive signals to the still stagnant global economy."
The coalition said that U.S. exports of goods and services will also slowly recover, but it will not begin until next year, 2010. It pointed out that “it is expected that in 2009, the growth of the total export demand for goods and services in the United States will be reduced by 8.3%, which is the largest annual contraction since 1958. This figure will rebound slightly by 1.2%. However, with global confidence, The reconstruction is expected to show such a slight rebound during 2010."
The Manufacturers Alliance pointed out in its regular quarterly economic outlook that "a slight improvement in US economic data has brought some positive signals to the still stagnant global economy."
The coalition said that U.S. exports of goods and services will also slowly recover, but it will not begin until next year, 2010. It pointed out that “it is expected that in 2009, the growth of the total export demand for goods and services in the United States will be reduced by 8.3%, which is the largest annual contraction since 1958. This figure will rebound slightly by 1.2%. However, with global confidence, The reconstruction is expected to show such a slight rebound during 2010."
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