[lbo-talk] recession has been over for more than a year!

[Doug Henwood]

From: Jean Roth <jroth at nber.org>
Date: September 20, 2010 10:36:28 AM EDT
To: cycles at nber.org
Subject: NBER's Business Cycle Dating Committee Announces June 2009 Trough Date

Dear Business Cycle Announcement Subscriber,

The NBER's Business Cycle Dating Committee announced on September 20 that the U.S. economy reached a trough in June 2009, making the 18-month recession that began in December 2007 the longest in the post-war period.  Further details are provided in the committee's announcement (www.nber.org).