Global recession ends as North America bounces back, Europe shows signs of recovery.
The global economy went through a rough patch in 2001, but things are looking up. North America is growing, Europe is starting to recover, and Japan is on the mend. The US, Canada, and Japan are expected to see growth in the coming years, while Europe is slowly bouncing back from a downturn. Despite some bumps along the way, the overall outlook is positive for the industrial countries.