It’s Official – “Recession”
May 9, 2009 by Peter Dishman
Filed under Economy, Mexico News
For the first time, Mexico government officials have said that the country’s economy is in recession:
MEXICO CITY (AP)– Mexico’s finance secretary says the country is in an economic recession. Agustin Carstens says “it is a fact that we are in recession.” He says Gross Domestic Product could contract 4.1 percent this year, an estimate that [...]