It already accounts for over half of GDP and is expected to rebound strongly this year.
Fuel shortages and labour disputes hampered production last year but it should now rebound strongly.
Computers and related equipment, along with calculators and PDAs, are expected to rebound strongly from last year's slump.
He expects gold to rebound strongly this summer and possibly into new highs.
INSEE, France's national economics institute, predicted that the economy would rebound strongly in the fourth quarter, having not grown at all in the third.
Analysts at the Japanese bank expect Chinese GDP to hit 7.7% in the third quarter and then rebound strongly to 8.8% in the fourth.
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The OECD says growth in Japan is projected to rebound strongly in the first quarter to 3.4% before easing to 1.4% in the second quarter.
As some of the hardest hit areas by the financial crisis rebound strongly, the northeast and the industrial Midwest have been lagging, index chairman David Blitzer noted.
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Of the major publicly traded cosmetics companies, only Estee Lauder Companies has been able to rebound strongly since the downturn began in October 2007 (up 48 percent over the past three years).
However, Larry Hatheway of Warburg Dillon Read argues that the euro is unlikely to rebound strongly until faith in America's new economy fades, along with the belief that the returns on American assets will always outperform those in Europe.
And although the automaker has lost some market share this year, that was not unexpected since the Japanese automakers were expected to rebound strongly on higher production after they were hurt badly last year due to the tragic tsunami which impacted their production and supply chain.
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