Saturday, January 17, 2009

Pictures of a Global Recession

The graphic below, supplied by the New York Times, provides a strong image of how the global recession is affecting countries around the world. For December of ’08, the three largest exporters in the world , China ($105.7 billion), the U.S. ($98.1 billion), and Germany ($96.1 billion) all showed losses from December of ’07. China slowed 3% in December and 2% in November. The U.S. slowed 4% from a year year, and Germany dropped 21%.

To see the graphics of these and other nation's export performance, click here.

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NYT > World Business