nytimes.com - 12/1/2008
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The group of economists charged with making the call for the history books said that the U.S. economy entered a recession in December 2007. >
money.cnn.com - 12/1/2008
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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 - ...
money.cnn.com - 12/1/2008
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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 - ...
openleft.com - 12/4/2008
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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
Blog Reactions
The Recession is Real
The Page by Mark Halperin —
... The National Bureau of Economic Research confirms what most people already suspected-- the U.S. economy is in a recession, and has been for the last year. ...
Betcha Didn't Know What Hit Its First Birthday! Bush Didn't.
Hoffmania! —
...
It’s Official: Recession Started One Year Ago It’s official: for the last year, the United States economy has been in recession.
The evidence of a downturn has been widespread for months: slower
production, stagnant wages and hundreds of thousands of lost jobs. But
the nonpartisan National Bureau of Economic Research, charged with
making the call for the history books, waited until now to weigh in.
In a statement released Monday, the members of the group’s Business
Cycle Dating Committee — made up of seven prominent economists, most
from the ...
Paging Saxby Chambliss
Weekly Standard Blog —
The National Bureau of Economic Research announced today that the economy has been in recession since December 2007.
Down
Suburban Guerrilla —
If stockbrokers were blog readers, this wouldn’t be such a shock to them:
The evidence of a recession has been widespread for months: slower production, stagnant wages and hundreds of thousands of lost jobs.
But the nonpartisan National Bureau of Economic Research, charged with making the call for the history books, waited until now to make it official — and the announcement came on a day when the American stock market fell nearly 9 percent in a single session.
The sharp declines on Wall Street — the Dow Jones industrial average ...
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