In a report released Monday, the National Bureau of Economic Research confirmed what many have long believed - that the nation is in a recession. According to the NBER, the official body that calls economic cycles, the U.S. has been in a recession since December 2007. Read CNN story
Imagine that. The writing has been on the wall for some time but fell short of any conclusions. My first mention of recession was 11/7/07.
Monday, December 1, 2008
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