Monday, April 12, 2010

Recession Not Over...Really?

Committee Reluctant to Mark End of Recession

I don't have a subscription to the WSJ, but what I read hear sounds like the NBER doesn't feel like the recession is over. Here is a quote...
"Although most indicators have turned up, the committee decided that the determination of the trough date on the basis of current data would be premature."

Makes you want to say...hmmm.

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