 Honduras has extensive forests, marine, and mineral resources, although widespread slash and burn agricultural methods continue to destroy Honduran forests.The Honduran economy grew 4.8% in 2000, recovering from the Mitch-induced recession (−1.9%) of 1999.The Honduran maquiladora sector, the third-largest in the world, continued its strong performance in 2000, providing employment to over 120,000 and generating more than $528  million in foreign exchange for the country.