“Health care elective procedures, we believe, will continue to go up on a sequential basis.”

In context

“in soft. The consumer discretionary spending continues to remain soft. China remained soft in the first half. And then when you put all that together, you look at it and say, what are the trends we are looking for in the second half. And so what we are watching is electronics and see whether it's hit its bottom or not, we believe that electronic softness will remain. It's still going to be negative for the year but less negative in the second half. Consumer spending has remained soft in the first half. We believe it will remain soft in the second half. So we are watching back-to-school season and holiday season. Industrial activity has remained mixed. There are certain markets that continue to remain strong. There are certain markets that we are seeing a little bit of destocking in there. Health care elective procedures, we believe, will continue to go up on a sequential basis. At the same time, Biopharma and Health Information Systems are still constrained. Biopharma is going through COVID-related demand and HIS, or Health Information Systems, is impacted by stressed hospital budgets. As I've also mentioned in my prepared remarks, DR right now looks like it's going to be at the worst end of our range of down $550 million versus we thought it was going to be $450 million to $550 million coming into the year. And in China, we have -- second quarter was weak, down 4% on lower comps and we currently have not seen much of the recovery show up in China. Plus as a reminder, it was a tough comp in -- through 3Q of last year as China was coming out of COVID. So when you put all that together, Q3 is very similar to 2Q. And overall, the trends that we see make us feel tha”