Our view is that this is in fact connected to the export story that we put a lot of time into both publicly and in this committee last year. Over the course of this prolonged period of low global growth, we had a large number of exits from the export sector, thousands of companies, something like 8,000. It's very difficult to measure, but it was a large number of companies. This of course means that when conditions return to a more normal situation, the U.S. economy strengthens, and they begin to order those exports again, some of the companies are no longer there, and so it's not a case of just re-expanding in order to meet that demand.
What happens, in fact, in these episodes, historically speaking, is that the situation is very fertile for the creation of new companies and the expansion of the ones that remain.