This has been the case with China, which has been showing remarkable improvement in its export-oriented HSBC Purchasing Managers Index.

FORBES: Why Resource Investors Can Expect Sunnier Days Ahead

In 2008, Congress mandated many more consumer-oriented actions by the CPSC through adoption of the Consumer Product Safety Improvement Act (CPSIA).

FORBES: 'A Process, Not an Event:' Working with a New Regulatory Tiger