The organization responsible for dating changes in the U.S. business cycle said the U.S. recession that started in December 2007 ended in June of last year.
|
|
(HealthNewsDigest.com) – In a statement on its website, the National Bureau of Economic Research said that in determining an end to the downturn, “the committee did not conclude that economic conditions since that month have been favorable or that the economy has returned to operating at normal capacity.” As worries persist about the struggling U.S. economy and its future path, the NBER warned “any future downturn of the economy would be a new recession and not a continuation of the recession that began in December 2007.”
http://blogs.wsj.com/economics/2010/09/20/nber-recession-ended-in-june-2009/?mod=djemalertNEWS
Subscribe to our FREE Ezine and receive current Health News, be eligible for discounted products/services and coupons related to your Health. We publish 24/7.
HealthNewsDigest.com
For advertising/promotion, email: [email protected] Or call toll free: 877- 634-9180