Monday, December 1, 2008

It’s official: Recession since Dec. ’07

It's official: Recession since Dec. '07

The NBER is a private group of leading economists charged with dating the start and end of economic downturns. It typically takes a long time after the start of a recession to declare its start because of the need to look at final readings of various economic measures.

Posted by mark @ 08:37 PM (422 views)
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