The headwinds have abated but it is not clear they have yet switched to be tailwinds. One potential exception to this is the US. The fiscal stimulus that is in train this year and next is being delivered in an economy with limited spare capacity.
Additional peer group statistics are available on the Federal Reserve's Partnership for Progress website at www.fedpartnership.gov. Partnership for Progress is a Federal Reserve initiative launched last year in recognition of the importance of healthy minority depository institutions to the overall strength of communities in this country.