Tag Archive: recession

It Ain’t Over ‘Til the Fat Lady Sings

According to the Wall Street Journal, 27 of 47 economists say the recession, which began in December 2007, has ended. If the recession has ended, the retail sales numbers suggest a double-dip is in the works.

Consumers Sorely Injured as Recession Drags On

Consumer surveys show serious concern over mounting U.S. job losses, and negative views of the Obama administration’s strategy for economic recovery. U.S. home foreclosure activity rose to a record high in the first half of the year, still the market closed up for the week.