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washingtonmonthly.com - 12/2/2008
An official recession
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AN OFFICIAL RECESSION.... The announcement was only a matter of time. The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the...

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The Opinionator:  They Can See Clearly Now

It's official: U.S. in a recession since December 2007 - Dec. 1, 2008
money.cnn.com - 12/1/2008
It's official: U.S. in a recession since December 2007 - Dec. 1, 2008
— money.cnn.com — NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy . The NBER is a private ... (more) It's official: U.S. in a recession since December 2007 - ...
Comments vote down Think Progress found this 12/1/2008found this
It's official: U.S. in a recession since December 2007 - Dec. 1, 2008
money.cnn.com - 12/1/2008
It's official: U.S. in a recession since December 2007 - Dec. 1, 2008
— money.cnn.com — NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy . The NBER is a private ... (more) It's official: U.S. in a recession since December 2007 - ...

Comments vote down The Latest on Air America found this 12/1/2008found this
openleft.com - 12/4/2008
Why the Right Will Oppose Getting Us Out of Recession
— openleft.com — In a post about Depression Economics , Paul Krugman discusses deflation, or dropping price levels.  I'm seeing deflation in the local real estate market, as buyers are holding back because they think prices will keep dropping.  One theory is ... (more) Why the Right Will Oppose Getting Us Out of Recession
Comments vote down Talking Points Memo found this 12/4/2008found this
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They Can See Clearly Now
The Opinionator — ... Research said Monday.,” reports MarketWatch. The economy reached a peak in December and has been declining since, according to the business cycle dating committee of the NBER. The committee does not judge a recession as two consecutive quarterly declines in gross domestic product; rather, it looks at four key monthly economic indicators, including employment, industrial output and sales. Employment peaked in December.“This is the eleventh recession in the post-World War II era, but it is already one of the longest ,” Steve Benen at Washington Montly informs us. “The NBER ...

Related: announcement of the recession on december 1,2008, what is a recession, economic+recession+determination
No Shit Sherlock
newshoggers.com 12/1/2008 — By Fester: The National Bureau of Economic Research (via Marketwatch) is only a year late and several dollars short on stating the obvious: The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday. The ...
NBER: U.S. economy in recession since December 2007.
thinkprogress.org 12/1/2008 — The National Bureau of Economic Research (NBER) announced today that the U.S. economy has been in recession since December 2007 . NBER’s Business Cycle Dating Committee — “which maintains a chronology of the beginning and ending ...
Kudlow and Company
anonymousliberal.com 12/1/2008 — According to the National Bureau of Economic Research (NBER), the U.S. economy officially entered a recession in December of 2007. Here's what the National Review 's resident economic expert, Larry Kudlow, had to say at the time--in a December 2007 ...
For Nearly A Year After Recession Started, Bush White House Insisted That ‘We’re Not In A Recession’
thinkprogress.org 12/2/2008 — Earlier today, the National Bureau of Economic Research (NBER) announced that “the U.S. has been in a recession since December 2007 , making official what most Americans have already believed about the state of the economy.” The group, ...
Chambliss Still Unsure If Economy Is In Recession, Misstates ‘Technical Defintion’ Of A Recession
thinkprogress.org 11/30/2008 — This morning of Fox News Sunday, host Chris Wallace asked Sen. Saxby Chambliss (R-GA) about a statement he made in July when he argued that the U.S. economy “may not be in a recession.” Wallace played a recording of Chambliss from an ad ...
US in Recession Since December 2007
outsidethebeltway.com 12/1/2008 — The folks in charge of determining whether we’re in recession or not have now declared that we’ve been in one for a whole year, despite not meeting the technical definition. The US economy has been in recession since December 2007, a panel of economists charged with the official ...
Official Announcement: U.S. In Recession Since December 2007
themoderatevoice.com 12/2/2008 — It’s now official: here’s an announcement that many Americans already knew, despite the White House’s efforts for more than a year not to use the dreaded word, despite talk radio hosts saying it was merely overblown and inaccurate ...
White House: We Never Said We Weren’t In A Recession — Think Progress
Thursday, the White House acknowledged for the first time that the U.S. was in a recession. “Obviously, the NBER came out and said that we are in a recession,” Press Secretary Dana Perino said. Even though the National Bureau of Economic Research announced Monday that the U.S. was ...
Larry Kudlow, Conservative Economic Expert — Oliver Willis
December, 2007 The Recession Debate Is Over There ain’t no recession. … The recession debate is over. It’s not gonna happen. Time to move on. Reality A US recession began in December 2007, a panel of economists charged with the official designation of business cycles said ...
Morning Roundup: Around the Web without a Penny — The Latest on Air America
While markets today will be up because yesterday's OMG-we're-in-a-recession rout exposed a few "bargains," the Financial Times sees severe global economic downturn. Are we heading for Japan's zero interest rate ? Only Ben Bernanke knows, but don't be too surprised if he pulls ...
GOOD NEWS AND BAD: THE RECESSION IS ALREADY A YEAR OLD... — THE ASTUTE BLOGGERS
THE BAD NEWS: THE RECESSION IS A YEAR OLD! CNN: The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy . The NBER is a private group of leading ...
NBER Announces that Jan. 2008 was the First Declining Month in the Recession. — The Volokh Conspiracy
The NBER (National Bureau of Economic Research) has declared an official recession that started with January 2008's decline....
We’ve Been In A Recession? Gosh, What A Surprise! (To Nobody But Dumbasses) — Daily Pundit
Panel says US has been in recession since Dec. ‘07 Economic Group: U.S. Has Been In Recession Since December 2007 WASHINGTON (AP) - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday. The NBER—a private, nonprofit ...
Group: U.S. in Recession since Dec. '07 — News
The National Bureau of Economic Research today said that the U.S. economy's current recession began in December 2007. The private, nonpartisan organization found that December 2007 marked a peak of economic expansion that began in November 2001. Many economic indicators have taken sharp ...
NEBR Officially Declares Recession, Dating From... December 2007? — Ace of Spades HQ
Apparently once we're in a recession, they check for the last peak of employment to date its beginning. Seems a bit silly to me -- recessions therefore begin immediately after the last economic high, even though for months afterwards the...
National Bureau of Economic Research: Recession Began December of 2007 — Firedoglake
The National Bureau of Economic Research is the organization which is entrusted with dating economic cycles. Their changing of the rules for the previous cycle has caused a quiet revolt among economists, who went back to citing the traditional rule of thumb that a recession is two ...
NBER: U.S. In Recession Since Dec. '07 — Real Clear Politics - TIME.com
The National Bureau of Economic Research, a private, nonprofit research organization, announced today its finding that the U.S. economy began a recession in December 2007: The Business Cycle Dating...
No Kidding: U.S. in Recession — Truthdig: Drilling Beneath the Headlines
While it’s great that it has finally been acknowledged, the National Bureau of Economic Research’s announcement on Monday that the U.S. is officially in a recession is old news—even by the NBER’s own estimation. AP via Yahoo News: The U.S. economy has ...
Determination of the December 2007 Peak in Economic Activity — Democratic Underground Latest Breaking News
Source: [b]Business Cycle Dating Committee, National Bureau of Economic Research[/b] The Business Cycle Dating Committee of the National Bureau of Economic Research met by conference call on Friday, November 28. The committee maintains a chronology of the beginning and ending dates (months ...
NBER: US recession started in December 2007 — AMERICAblog News| A great nation deserves the truth
They're confirming what many of us already knew . This is going to be a long recession but at least the grownups are ready to take over from the kids. The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday. ...
It's official — SCSUScholars
The recession began in December 2007 . A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators. A recession begins when the economy reaches a peak of ...
U.S Fell Into a Recession December 2007 — The Latest on Air America
According to a panel of the Nation Bureau of Economic Research, the United States economy fell into a recession in December, 2007. CNN money has more : The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most ...
NBER: December 2007 Peak in Economic Activity — Calculated Risk
The National Bureau of Economic Research (NBER) has decided economic activity peaked last year and that December 2007 marks the beginning of the current U.S. recession. That means all my charts (with the recession starting in Dec '07) are correct. From NBER: Determination of the December 2007 ...