The New York Times
Monday, December 1, 2008 -- 12:32 PM ET
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It's Official: U.S. Economy in Recession
The National Bureau of Economic Research, a panel of academic
economists charged with the official designation of business
cycles, said that the United States economy has been in
recession since December 2007, when economic activity peaked.
Read More:
http://www.nytimes.com/?emc=na
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