Oh Yeah?
A panel of economists at the private National Bureau of Economic Research has declared that the recession is officially over. What's more, these experts say, the recession technically ended in March 1991 -- 21 months ago. The panel based its finding on the fact that several measures of economic activity, including nonagricultural employment and industrial production, bottomed out around January and March of 1991 and had upward trends afterward. Though the recession may be technically over, don't break out the champagne -- 9.2 million people are still unemployed.
Most Popular »
- Former Nazi Hitman, 88, Finally Stands Trial
- Obama's Fort Hood Speech: Lost in Translation
- 21-Year-Old Wins World Series of Poker
- Maclaren's Stroller Recall: A Stumbling Response Online
- After the Recession, an Energy Crisis Could Loom
- I Love Local Commercials
- Does Obama Have a Plan B for the Middle East?
- The Meaning of Manny Pacquiao
- Teen Obesity: Lack of Exercise May Not Be to Blame
- Joe Cada, Poker's New Champion
- Maclaren's Stroller Recall: A Stumbling Response Online
- After the Recession, an Energy Crisis Could Loom
- Former Nazi Hitman, 88, Finally Stands Trial
- Are You Getting Scammed by Facebook Games?
- Canada at War: THE SERVICES: Secrecy Rewarded
- Asia's Economic Forum: Seeking New Growth
- Why Exercise Won't Make You Thin
- Does Obama Have a Plan B for the Middle East?
- Why We Look at Some Web Ads and Not Others
- 21-Year-Old Wins World Series of Poker
Quotes of the Day »
BILL CLINTON, former U.S. president, in an attempt to rally Democrats to support health care reform even if the bill isn't perfect







RSS