News
Recession may be over at last – but now what?

Oct. 30, 2009, WASHINGTON — After a record four straight losing quarters, the
U.S. economy finally grew again.

Oct. 30, 2009, WASHINGTON — After a record four straight losing quarters, the
U.S. economy finally grew again.

It was hardly a boom, and it was almost all
because of government spending. But it was enough to change the
question from when the recession will end to whether the recovery will
hold.

Unlike past rebounds that were driven by the spending of everyday
Americans, this one appears to hinge on spending by businesses,
foreigners and — until it runs out — the government. | READ MORE