The Recession is Official...Sorta

March 10, 2009

Original publication: RaceWire

Date of publication: December 11, 2008

For the first time in nearly a year, despite the obvious deteriorating economic situation for the majority of people in this country, we have received confirmation that we are experiencing a recession. The National Bureau of Economic Research, the organization that determines an “official” recession, states that this country has been in a recession since December 2007. For most people this is not news, but it is validation. RaceWire. Read the full article in RaceWire.