Worst of the recession is over

[Chris]

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," said NABE President-Elect Lynn Reaser.

"The vast majority of business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate than those typically experienced following steep declines."

Recessions in the United States are dated by the National Bureau of Economic Research. The private-sector group, which does not define a recession as two consecutive quarters of decline in real gross domestic product, often takes months to make determinations.

The current recession that started in December 2007 is the longest and deepest since the 1930s.

Worst of the U.S. recession over: survey | Special Coverage | Reuters

 

[Mr.Fitnah]

[ame=http://www.youtube.com/watch?v=__VQX2Xn7tI]YouTube - carpenters -We've Only Just Begun[/ame]

 

[REVxERIK]

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," said NABE President-Elect Lynn Reaser.

"The vast majority of business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate than those typically experienced following steep declines."

Recessions in the United States are dated by the National Bureau of Economic Research. The private-sector group, which does not define a recession as two consecutive quarters of decline in real gross domestic product, often takes months to make determinations.

The current recession that started in December 2007 is the longest and deepest since the 1930s.

Worst of the U.S. recession over: survey | Special Coverage | Reuters

well, at least it's not getting worse.

 

[California Girl]

What a relief!......

Now, if only I can find my 'gullibility on' button.

 

[Avatar4321]

were you guys saying this back in June?

 

[Dr.Traveler]

I'd be hesitant to say we're out of the woods yet.

According to folks I know in real estate and mortage lending, the commercial real estate bubble is bursting as we speak. It just isn't getting press. There's still the credit bubble. Things have gotten better for small businesses, but there's still personal credit lines that are in for a burst.

We could be clear of this, I'd just be hesitant to break out the party favors and pointy hats yet.

 

[California Girl]

were you guys saying this back in June?

Yes, but everybody laughed. So they're giving it another shot....

Santa Claus is coming to town. LOL.

 

[eagleseven]

This "Great Recession" has been over since February!

Unemployment is a lagging indicator, which is why, 7 months later, it's still going up. Don't believe your checkbook...the great minds who predicted this disaster think it's all over!

 

[California Girl]

I'd be hesitant to say we're out of the woods yet.

According to folks I know in real estate and mortage lending, the commercial real estate bubble is bursting as we speak. It just isn't getting press. There's still the credit bubble. Things have gotten better for small businesses, but there's still personal credit lines that are in for a burst.

We could be clear of this, I'd just be hesitant to break out the party favors and pointy hats yet.

The Commercial Market hasn't finished impacting yet.... it's gonna get worse - according to the Economists that I work with.

 

[froggy]

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," said NABE President-Elect Lynn Reaser.

"The vast majority of business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate than those typically experienced following steep declines."

Recessions in the United States are dated by the National Bureau of Economic Research. The private-sector group, which does not define a recession as two consecutive quarters of decline in real gross domestic product, often takes months to make determinations.

The current recession that started in December 2007 is the longest and deepest since the 1930s.

Worst of the U.S. recession over: survey | Special Coverage | Reuters

the worst is not over until more than half the unemployed get back to work.

 

[WillowTree]

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," said NABE President-Elect Lynn Reaser.

"The vast majority of business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate than those typically experienced following steep declines."

Recessions in the United States are dated by the National Bureau of Economic Research. The private-sector group, which does not define a recession as two consecutive quarters of decline in real gross domestic product, often takes months to make determinations.

The current recession that started in December 2007 is the longest and deepest since the 1930s.

Worst of the U.S. recession over: survey | Special Coverage | Reuters

 

[WillowTree]

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," said NABE President-Elect Lynn Reaser.

"The vast majority of business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate than those typically experienced following steep declines."

Recessions in the United States are dated by the National Bureau of Economic Research. The private-sector group, which does not define a recession as two consecutive quarters of decline in real gross domestic product, often takes months to make determinations.

The current recession that started in December 2007 is the longest and deepest since the 1930s.

Worst of the U.S. recession over: survey | Special Coverage | Reuters

well, at least it's not getting worse.

 

[California Girl]

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," said NABE President-Elect Lynn Reaser.

"The vast majority of business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate than those typically experienced following steep declines."

Recessions in the United States are dated by the National Bureau of Economic Research. The private-sector group, which does not define a recession as two consecutive quarters of decline in real gross domestic product, often takes months to make determinations.

The current recession that started in December 2007 is the longest and deepest since the 1930s.

Worst of the U.S. recession over: survey | Special Coverage | Reuters

well, at least it's not getting worse.

Yep.

 

[brewerboy]

Raise your hand if you believe this.

 

[Xenophon]

A new month, a new thread telling us the recession is over.

But we all know it isn't over and nothing has changed, more people keep being thrown out of work and the holiday seaon is coming with 10% or more of Americans with no employment.

 

[WillowTree]

A new month, a new thread telling us the recession is over.

But we all know it isn't over and nothing has changed, more people keep being thrown out of work and the holiday seaon is coming with 10% or more of Americans with no employment.

Just mark this day as the day the democrats have decided that there is absolutely NO NEED for a SECOND STIMULUS.

 

[Mr.Fitnah]

The unemployment numbers do not consider people who are just fired that happens daily .

 

[Mr.Fitnah]

A new month, a new thread telling us the recession is over.

But we all know it isn't over and nothing has changed, more people keep being thrown out of work and the holiday seaon is coming with 10% or more of Americans with no employment.

Just mark this day as the day the democrats have decided that there is absolutely NO NEED for a SECOND STIMULUS.

Good, Im getting a rash, I cant take any more stimulation .

 

[concept]

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," said NABE President-Elect Lynn Reaser.

"The vast majority of business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate than those typically experienced following steep declines."

Recessions in the United States are dated by the National Bureau of Economic Research. The private-sector group, which does not define a recession as two consecutive quarters of decline in real gross domestic product, often takes months to make determinations.

The current recession that started in December 2007 is the longest and deepest since the 1930s.

Worst of the U.S. recession over: survey | Special Coverage | Reuters

yeah not too long after dems got control of the houses.


tell me lib, has the stimulus money been spent yet? Or is it only the earmarks that have been spent.

I know they have spent some of it, purchasing those idiotic contruction sign riders which say "your stimulus money at work"!!!
Nevermind the contruction/road work has been going on for years.


I'll give it to the libs though, they sure know how to market their shit real well. It really does smell like a rose once they're done.

 

[jreeves]

WASHINGTON (Reuters) - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.

The survey of 44 professional forecasters released by the National Association of Business Economists (NABE) found that 80 percent of the respondents believed the economy was growing again after four straight quarters of declines.

"The great recession is over," said NABE President-Elect Lynn Reaser.

"The vast majority of business economists believe that the recession has ended, but that the economic recovery is likely to be more moderate than those typically experienced following steep declines."

Recessions in the United States are dated by the National Bureau of Economic Research. The private-sector group, which does not define a recession as two consecutive quarters of decline in real gross domestic product, often takes months to make determinations.

The current recession that started in December 2007 is the longest and deepest since the 1930s.

Worst of the U.S. recession over: survey | Special Coverage | Reuters

yeah not too long after dems got control of the houses.


tell me lib, has the stimulus money been spent yet? Or is it only the earmarks that have been spent.

I know they have spent some of it, purchasing those idiotic contruction sign riders which say "your stimulus money at work"!!!
Nevermind the contruction/road work has been going on for years.


I'll give it to the libs though, they sure know how to market their shit real well. It really does smell like a rose once they're done.

come on 10% unemployment is a sign of booming times, wasn't the stimulus package about "JOBS,JOBS...."....................... oh wait, here it comes but look at how many "JOBS" have been saved or created....LMAO