The “Great Recession” Is Now Technically Over

Courtesy Donklephant  Wed, 10/14/2009 - 11:39am

Yep.

That’s right. A group of economic forecasters are projecting that we’ll see growth in the next quarter, so the recession is technically over.

And hey, we can all be thankful for that.

However, the pain will linger for years to come.

The problem is that all of the lagging indicators of true economic health (rising employment, wages, spending, etc.) probably won’t start turning around until sometime next year…and even then it’s going to...



 

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