As the financial reporting season continues to produce good results and with this week's confirmation by Jungheinrich of its upbeat forecasts, it's clear that the gloom and doom of past years is a thing of the past.
A new report from Deutsche Bank notes that global economic health has never been more robust as the number of countries in recession has fallen to the lowest level in decades.
The bank's observation supports recent analysis from the International Monetary Fund which notes that real gross domestic product has "never been in better shape".
This helps explain the strong sales performances we have been reporting recently as well as the wave of new products and dealer expansions.