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When Did the Recession End 2010-09-20 12:00:26

Did You Know the Recession Ended Last June?

It's all over the news: the recession ended a long time ago.

Data released by the National Bureau of Economic Research today said the greatest recession America has faced since the 1930s ended last June. The technical and most common definition of a recession is negative economic growth for at least half a year. Economic growth in America slowly began from July of last year, and we're apparently still in the throes of recovery.

Although we're out of the recession, the country is still reeling from the aftereffects of it. Take a look at some of these sobering statistics:

President Obama said today that even though the recession officially ended last Summer, the recession is still painfully "real" for jobless Americans. Does it feel like the recession is over?

Image Source: Thinkstock
Around The Web
Join The Conversation
classysassy classysassy 5 years
It definitely doesn't FEEL like it.
amber512 amber512 5 years
It is definitely over. Have you tried going to a grocery store or a shopping center lately? They are PACKED! People are throwing money around like it's going out of style.
Miss-Infamous Miss-Infamous 5 years
its over?! thats news to me..
Choco-cat Choco-cat 5 years
apparently i don't understand what a recession is - 'cause as far as i can see, it is NOT over!
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