The Great Recession ended in June 2009 according to the NBER.

The NBER said today that the recession which began in December 2007 ended in June 2009, which marked the beginning of an expansion. The announcement rules out the possibility of a so-called “double-dip” recession, because any new downturn would be seen as a brand new recession.

It is not usual to have a lag between the end of a recession and the official declaration of the end. However, a lag of more than one year like the current one is not common either. It reflects the unusual weakness of economic recovery that the US economy is experiencing right now.

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4 responses to “The Great Recession ended in June 2009 according to the NBER.

  1. 这速度!您不去当记者真是可惜了!

  2. 这消息还是我给记者们发的呢,呵呵。

  3. 彻底无语了。您老接着掰。。。

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