In particular, production activity in manufacturing industry has been firm, supported by strong growth in global digital-related demand, and the world trade volume has kept showing a steady rise (Chart 2). In this situation, Japan's exports and production -- led by IT-related and capital goods -- have continued to increase.
Alan Greenspan: The resilience of free societies and the impact of free markets Remarks by Mr Alan Greenspan, Chairman of the Board of Governors of the US Federal Reserve System, on the occasion of his acceptance of the Eisenhower Medal for Leadership and Service, Eisenhower Fellowship, Philadelphia, 20 May 2004.