U.S. officially in a recession

Published: 2 December 2008 y., Tuesday

It's official. The U.S. economy is in a recession.

 

That's according to the National Bureau of Economic Research, which calls the start and ends for U.S. recessions.

 

The Bureau says economic activity peaked in December 2007 and has been shrinking ever since.

 

Šaltinis: Reuters
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