Mexico prospering despite U.S. slowdown - The Latin American nation is holding up well with exports catering to the growing world economy.

Posted on: May 27th, 2008
Filed Under: [ Business ] [ Non-US News ] [ Blogante Business ]
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“A sizzling stock market. A strengthening peso. Good economic growth. Someone forgot to tell Mexico that the U.S. has been flirting with recession.

Mexico’s gross domestic product expanded at an annualized rate of 2.6% in the first three months of the year compared with a year earlier, according to government figures released Thursday. It’s a respectable performance that highlights the nation’s surprising resilience in the face of a U.S. slowdown.”*

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