NBER: Recession Not Officially Over, Yet

Filed under: Recession

One economic condition nearly every American can agree on -- as an everyday reality, or real-world feel: the recession is not over. In practical terms, with the U.S. unemployment rate at a totally unacceptable 9.7%, the recovery has not started.



Still, from a GDP standpoint, the economy is growing -- GDP has been positive for two quarters -- and many other economic fundamentals are signaling that the economic recovery probably started in July/August 2009.

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NBER: Recession Not Officially Over, Yet originally appeared on BloggingStocks on Tue, 13 Apr 2010 17:20:00 EST. Please see our terms for use of feeds.

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