US has officially entered first recession since 2009
by Dominic Rushe from on (#54F66)
National Bureau of Economic Research says economic growth in the US peaked in February and has since entered its first downturn since 2007 to 2009
The United States is officially in a recession, ending the longest economic expansion in US history, the committee that calls downturns announced on Monday.
The National Bureau of Economic Research (NBER) said that economic growth in the US peaked in February and has since entered its first downturn since 2007 to 2009.
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