The Recession Is Over

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Indicators point to a fast-approaching end date: May 2009.

If you want a bone to pick--or an economic argument to have--it should be about when the current recession actually began. The National Bureau of Economic Research, the U.S.'s semi-official recession arbiter, says it started in December 2007. But real gross domestic product grew at a 1% annual rate from then through August 2008. That doesn't look like a recession to us.

Source: Forbes

More: http://tinyurl.com/db55dw