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In this webinar, the speaker reviews the results of the 1Q 19 MPI quarterly forecast report and discusses current economic developments. The focus is on providing a macroeconomic overview, emphasizing the US industrial production index as a key benchmark for evaluating the industrial economy's performance. This index is deemed more relevant for MPI member companies compared to general metrics like GDP. The presentation includes a forecast alongside current and past performance of the index, serving as a basis for understanding market conditions that member companies can expect over the next 12 to 36 months.