Most forecasters predict that Latin America's output will contract this year and recover only modestly next year, so income per head will shrink.

ECONOMIST: Latin America's economies

In March, the normally optimistic World Bank said global economic output will contract this year for the first time since World War II, and that international trade will decline the most it has in 80 years.

FORBES: Magazine Article

In Germany, as in France, output did not contract, however it slowed to a level that is near-stagnant.

FORBES: Data Point To Greater Fears Of Europe Recession

The construction industry is continuing to contract with output down by nearly 5% quarter-on-quarter and down 7.5% year-on-year.

BBC: Unemployment: Mixed picture for NI jobless figures