That recession? It's official, and it started last year - Macleans.ca

That recession? It’s official, and it started last year

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That’s right. According to the National Bureau of Economic Research—the group that officially decides when a recession begins and ends in the U.S.—the American economy is in a recesion and it began in December 2007.  The NYT has more here. And the official statement here.

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