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economy: United States is Officially in a Recession - Um... Duh... - 12/01/08 02:39 PM
I received the following report from Levine Breaking News - a great news feed that hits a few times each day - that stated the United States is officially in a recession that started a year ago.  This status was delivered today from the National Bureau of Economic Research, a committee of economists that dates business cycles.
According to their report - they found that:
"A peak in economic activity occurred in the U.S. economy in December 2007," the National Bureau of Economic Research said in a statement. "The peak marks the end of the expansion that began in November 2001 … (7 comments)

 

Kevin Sandridge - Winter Haven Mortgage Broker

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