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THE RECESSION IS OVER!

Authors :
Gross, Daniel
Summers, Nick
Ramirez, Jessica
Conant, Eve
Stone, Daniel
Source :
Newsweek. 8/3/2009, Vol. 154 Issue 5, p32-37. 6p.
Publication Year :
2009

Abstract

The article states that, while the U.S. economic recession is likely coming to an end, this does not imply that all economic hardships will end within the nation. The author urges that growth in the gross domestic product (GDP) is not enough to provide families with the money essential to domestic finance, such as paying mortgages and purchasing groceries. Unemployment is likely to continue to grow, according to U.S. chief economic adviser Larry Summers.

Details

Language :
English
ISSN :
00289604
Volume :
154
Issue :
5
Database :
Academic Search Index
Journal :
Newsweek
Publication Type :
Periodical
Accession number :
43430826