Country Report USA

General situation and outlook

Insolvency       

• In its latest US country report, Atradius forecasts a 10% drop of company insolvencies in 2011.  
• Still - at 51,700 - this will be higher than the pre-crisis figure (28,137 in 2007). 
• Non-business bankruptcy filings in the fiscal year 2010 increased 14.4%. 

The economy

• Consumer confidence remains subdued, due to household indebtedness, persisting high unemployment, declining house prices and subdued loan flows 
• Businesses must look to exports - especially to emerging markets.

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General Information

Capital - Washington D.C.
Population - 307.4 million

Main import sources (2009)

• China - 19.0%  
• Canada - 14.4%
• Mexico - 11.3% 
• Japan - 6.2%
• Germany - 4.6%

Main export markets (2009)

• Canada - 19.4%
• Mexico - 12.2%
• China - 6.6%
• Japan - 4.8%
• UK - 4.3%

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Date March 2011