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Tuesday, September 21, 2010

US Recession Eneded In June 2009

 economics, recession, slump     No comments   

NEW YORK - DECEMBER 01: Traders work on the fl...Image by Getty Images via @daylife
The worst US recession since the Great Depression ended in June 2009, the National Bureau of Economic Research said on Monday, as a slowdown in economic growth raises the possibility of another slump.

"We are still expanding, but disappointingly slowly," Robert Hall, a Stanford University economics professor who heads the National Bureau of Economic Research committee charged with dating business cycles, said.


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