Official Word: We’re in a Recession (and have been for 12 months)

by Erin McCune on December 2, 2008

in Current Events, Economic Outlook, Research Round Up

It's official. We entered a recession in December 2007.

Read the statement from the National Bureau of Economic Research (NBER) here.

Coverage:

Related articles:

  1. Crisis on Wall Street Continued – Monday Morning Woes
  2. Ouch!
  3. Analysis of the Bailout Deal
  4. Speechless
  5. Will the Recession Favor Net Geners or their Older Bosses?

{ 1 comment… read it below or add one }

Forex Hedging December 8, 2008 at 9:27 am

And when will this recession reach it’s deepest stage?

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