The recession is over! So where’s the party?
WASHINGTON — It turns out the recession ended more than a year ago.
Feeling better now?
The panel that determines the timing of recessions concluded Monday that this one ended — technically, anyway — in June 2009, and lasted 18 months. The duration makes it the longest since World War II.
Disappointed Supporters Question Obama
WASHINGTON — It was billed as “Investing In America,” a live televised conversation between President Obama and American workers, students, business people and retirees on the state of the economy, a kind of Wall Street to Main Street reality check.
Stocks surge as NBER announces recession ended in June 2009. FOMC gathers Tuesday.
Wall Street seesawed through a choppy summer on concerns that the U.S. economy could be slipping toward a double-dip recession, but the National Bureau of Economic Research has good news: the last recession ended 15 months ago.
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