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U.S. Officially Entered Recession Last Year
http://online.barrons.com/ article/ SB12281525267326...The U.S. economy entered a recession in December 2007, according to the research organization that tracks economic cycles.
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U.S. Economy Officially in Recession
http://www.fivecentnickel.com/2008/12/02/us-economy-official...Its official. The United States economy has been in a recession for roughly one year. According to a statement from the National Bureau of Economic Research: a peak in economic activity occurred in the U.S. economy in December 2007. The peak marks the
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