Region | Score* | Market Direction** |
North America | 6 | + |
European Union | 8 | ++ |
Russia | 2 | <-> |
Southeast Asia | 6 | + |
India | 6 | + |
China | 4 | + |
South America | 3 | – |
Australia | 5 | <-> |
Africa | 0 | 0 |
*Score 0 to 10 (0 no activities – 10 very active)
**Market Direction stable <-> / activities increasing + / activities decreasing –
North America:
Stable industries – automotive, aerospace, defense
Slowing down industries – steel, oil & mining
Mexico slowing down, most of investments for US market on idle! Trump effect
European Union:
Growing industries – aerospace, automotive, powder metal
Russia: continuously slowing down economy (suffering under western sanctions), new developments missing, military investments only
Southeast Asia:
Growing industries – tools, dies, titanium, medical, commercial heat treating
India:
Growing industries – automotive, military, tooling
China:
General slow down but car industry slowly recovering
Australia:
Slowing down mining sector
World Bank Assessment: Overall, global growth is expected to rise in 2015 to 3.0 percent, and to be sustained at 3.2-3.3 percent in 2016-17. This should be supported by continued recovery in the United States, a gradual acceleration of activity in the Euro Area, and receding headwinds to growth among slower growing developing regions. The slowdown in China could turn into a disorderly unwinding of financial vulnerabilities with considerable implications for the global economy.