Monday, September 20, 2010

Political Economy - It's official: The Great Recession ended last summer


The US exited the recession in June 2009

Political Economy - It's official: The Great Recession ended last summer: "The panel of economists that is the widely accepted arbiter of business cycles has called an end to what is now officially the longest U.S. economic downturn of the post-World War II era. The recession ended in June 2009, 18 months after it began in December 2007, according to the National Bureau of Economic Research's business cycle dating committee."

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