22 Jun 2012 by Jim Fickett.
With the economies of India, China and Brazil slowing noticeably, lower commodity prices hitting Canada, Russia and Australia, and Europe in recession, I'm as pessimistic on the world economy as anyone. Nevertheless, objective evidence of a world slowdown is, so far, hard to come by. Today the Netherlands Bureau for Economic Policy Analysis released its world trade monitor data through April. Although the last two months have shown a tick down, there is no evidence that the substantial growth trend of the last 18 months or so (shown as a grey line segment below) has been broken.