.
Q: When did the Great Recession begin?
A: December 2007, according to the National Bureau of Economic Research, a private, nonprofit research group.
Q: When did the recession end?
A: June 2009, though lingering effects such as
high unemployment continued to plague the United States well beyond that date.
"In determining that a trough occurred in June 2009, the committee did not conclude that economic conditions since that month have been favorable or that the economy has returned to operating at normal capacity," the NBER reported in September 2010.