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Growth prospects for the global economy continue to weaken. Brexit and other events around the world have raised the level of uncertainty for businesses. Because it is difficult to assess how these events may impact future demand, businesses are taking a wait-and-see attitude toward investment. The recent weakening of corporate profits is another source of concern. For the uncertainty that is likely to continue in the medium term, companies should make improvements that enhance productivity and allow them to respond with greater flexibility to whatever the future may bring.