There are certainly nations where industry and economy have weakened, and the most obvious and special case should be the United States.
Protests had a very clear destructive impact on American industry and economy, which led to a decline of more than 3% in the industrial output of the United States compared with 1923.
In terms of the economy, an increasingly apparent racial crisis, along with a variety of other issues, kept the American economy in equilibrium, with no growth or decline.
While other nations' economies were slowly growing, the equilibrium of the US economy was tantamount to a decline.
Turning the attention back to the development of Australasia, Arthur was very satisfied with the government report card for 1924.
