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  • NBER Proclamation of Recession Makes for a Dour Econo...
    By on December 3, 2008 | 1 Comment1 Comment  Comments
    The National Bureau of Economic Research (NBER) validated on Monday that the economic expansion which started in November 2001 had ended, and the U.S. had entered a recession as of December 2007.  This announcement followed evidence of slow retail sales over the Thanksgiving weekend (despite an inc...

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