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Economic Downturn on 11 18th, 2008 |
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Economic Snapshot for November 2008
By Christian E. Weller | November 18, 2008
The U.S. economy is settling into a deep trough that will likely worsen before it improves. The labor market continues to weaken at an accelerated pace, families are looking at trillions of dollars in lost wealth, and economic growth is heading south. What’s...