Posted on Wednesday, 27th May 2009 by Lee
More than 90% of economists believe that the recession will finally end before the end of 2009, according to this article on Yahoo Fiance.
That assessment came from leading forecasters in a survey by the National Association for Business Economics released Wednesday. It is generally in line with the outlook from Federal Reserve Chairman Ben Bernanke and his colleagues.
About 74 percent of the forecasters expect the recession — which started in December 2007 and is the longest since World War II — to end in the third quarter. Another 19 percent predict the turning point will come in the final three months of this year, and the remaining 7 percent believe the recession will end in the first quarter of 2010.
Read the rest of the article here.
Tags: 2009, business, economist, forecast, recession
Posted in Culture Guides | Comments (1)
May 19th, 2010 at 2:17 am
i was a former employee and now i am making my best effort to start up a small business.*;.