- Mexico: Minus 21.5%
- Japan: Minus 15.2%
- Germany: Minus 14.4%
Mexico has a $47 billion credit line set up with the IMF.
228. Does Mexico's credit line mean that it is in danger of defaulting on its loans (ie, the Mexican equivalent of US Treasuries)?
Tourism in Mexico is taking (and is expected to continue to take) a major hit from the swine flu outbreak. Hotels in Cancun are running at 29% occupancy for the month of May.
229. Of all US consumer purchases, which one is taking the biggest hit during the recession? Flat screen TV's? SUV's? Granite countertops?