mal
Diamond Member
Economic panel says recession ended in June 2009
By JEANNINE AVERSA
AP Economics Writer
WASHINGTON (AP) - The longest recession the country has endured since the Great Depression ended in June 2009, a group that dates the beginning and end of recessions declared Monday.
The National Bureau of Economic Research, a panel of academic economists based in Cambridge, Mass., said the recession lasted 18 months. It started in December 2007 and ended in June 2009. Previously the longest post World War II downturns were those in 1973-1975 and in 1981-1982. Both of those lasted 16 months.
The NBER decision makes official what many economists have believed for some time, that the recession ended in the summer of 2009. But it won't make much difference to most Americans - especially the nearly 15 million without jobs.
AP News : Kinston Free Press
He is... THE MAN!
Now go ahead and tell those who are part of the almost 10% unemployment since how GREAT that News is!...
And of course, Obama is NOT Responsible for the Recession Ending in Last Year, but the Left can go ahead and say he is... Because Lying is like Breathing for them!![thup :thup: :thup:](/styles/smilies/thup.gif)
![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
peace...
By JEANNINE AVERSA
AP Economics Writer
WASHINGTON (AP) - The longest recession the country has endured since the Great Depression ended in June 2009, a group that dates the beginning and end of recessions declared Monday.
The National Bureau of Economic Research, a panel of academic economists based in Cambridge, Mass., said the recession lasted 18 months. It started in December 2007 and ended in June 2009. Previously the longest post World War II downturns were those in 1973-1975 and in 1981-1982. Both of those lasted 16 months.
The NBER decision makes official what many economists have believed for some time, that the recession ended in the summer of 2009. But it won't make much difference to most Americans - especially the nearly 15 million without jobs.
AP News : Kinston Free Press
He is... THE MAN!
Now go ahead and tell those who are part of the almost 10% unemployment since how GREAT that News is!...
And of course, Obama is NOT Responsible for the Recession Ending in Last Year, but the Left can go ahead and say he is... Because Lying is like Breathing for them!
![thup :thup: :thup:](/styles/smilies/thup.gif)
peace...