When the recession will really end

Courtesy Digg - Business & Finance  Thu, 06/18/2009 - 07:30

The worst recession since the Great Depression will officially end sometime in the next 3 months, according to economists at the nation's biggest banks.

The American Bankers Association expect that nation's GDP to grow in the 3rd quarter of 2009.But most Americans will still feel as though they are living through a recession well into 2010.

Tags:

 

Related items

Recovery at risk as jobs and housing stumble
Following a report Tuesday that home prices have now tumbled further from their peak than during the Great Depression, there was evidence Wednesday that the economic rebound from the worst...

How McDonald’s Thrived During the Recession
The recession, now officially over and down in history books the longest since the Great Depression, was not kind to the business world. Once-proud General Motors succumbed to government...

Rough sailing ahead for recovery
The recession may be ending, but much of the economy remains badly battered by the worst downturn since the Great Depression. By msnbc.com's John W. Schoen.

Panasonic KX-TG1032 KX-TG1032BP Dect 6.0 Expandable...
Marketing description is not available.

Motorola Bluetooth Headset H350 - Pearl Grey...
Blending a stylish design with the latest in Bluetooth technology, the Motorola H350 offers an ultimate Bluetooth experience. A comfortable device that is also easy to use, this headset gives...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com