Real Estate Blog

September 20th, 2010 2:29 PM

 

Reuters - The recession ended in June 2009, making it the longest downturn since the Great Depression of the 1930s, the National Bureau of Economic Research (NBER) said on Monday.

The NBER, considered the arbiter of U.S. recessions, said its declaration did not mean the economy had "returned to operating at normal capacity" and cautioned that economic activity sometimes remains below normal well into expansion. MORE

Make it a great day!
Marcia Hadeler
Realtor®
CRS (Certified Residential Specialist)
SFR (Short Sales/ Foreclosure Certified)

Coldwell Banker - BOV
707 251-2356 Office
707 815-0569 Cell
707 253-1042 Fax
DRE # 01312086
Posted by Marcia Hadeler on September 20th, 2010 2:29 PMPost a Comment (0)
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