The U.S. economy has likely entered a recession that will last through mid-2009, the OECD says,...

|By:, SA News Editor

The U.S. economy has likely entered a recession that will last through mid-2009, the OECD says, and recovery will likely be slow as consumers try to build up lost wealth by cutting back on spending. 2009 growth seen at -0.9%; 2010 growth +1.5%. (PR)