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US Trading Partners See Huge GDP Falls

Mexico contracts 21.5% as American demand dries up

By Jason Farago, Newser Staff

Posted May 21, 2009 6:16 AM CDT

(Newser) – Yesterday Mexico became the latest country to disclose a sharp economic contraction as a result of the slowdown in US consumption of imported goods. Mexican GDP fell at an annualized rate of 21.5% in the first quarter, following Germany, down 14.4%, and Japan,... Read full story »

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US Trading Partners See Huge GDP Falls

Mexico contracts 21.5% as American demand dries up

Germany • Japan • Mexico • globalization • recession • global economy • US economy • GDP • NAFTA • Japanese economy • financial crisis

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Fall-Back Job for Japanese Women: Flirting

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Japan Sinks Into Recession

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Oil Sinks Below $70 as Economy Tanks

Price oil halves in 3 months as demand takes a dive

Pass the Bailout, Or Else We'll Become Japan

Its decade of decline shows the risks of inaction: Kristof

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