The U.S. economy entered recession in December 2007, NBER decides, finally. At 12 months, the...

|By:, SA News Editor

The U.S. economy entered recession in December 2007, NBER decides, finally. At 12 months, the current contraction is already longer than the last slump that spanned March to November 2001. Previous calls have coincided with bottoms; this time too?