Exporters rank U.S. as riskiest market

[WhiskeyGirl]

Exporters rank U.S. as riskiest market

John Partridge, The Globe and Mail
January 15, 2009

In a dramatic shift, Canadian exporters now see the United States as their riskiest market, the first time it has surpassed Asia in this category, a federal agency said Thursday.

Fully 33 percent of companies polled by Export Development Canada for its fall 2008 survey – which also showed exporters have descended into a mood of "abject pessimism" – rated the U.S. market, by far the largest destination for outbound Canadian shipments, as the most perilous, compared with just 20 percent a year earlier.

"The world economy is collapsing around Canadian exporters," Hall said in a news release. "Growth has come to an abrupt halt in the world's largest economies, and financial market turbulence is not helping matters.

Depression?  No credit for the US?

http://www.bnn.ca/news/6135.html