domingo, 26 de setembro de 2010

Recession not over, public says


Washington (CNN) -- Economic experts may believe the recession is over, but try telling that to the public.
Seventy-four percent of Americans believe the economy is still in a recession, according to a new CNN/Opinion Research Corporation poll. Only 25 percent think the downturn is over.
One-third of Americans say the recession is serious, while another 29 percent characterize it as moderate.
One small cause for optimism: the percentage of Americans who say the country is in a recession has dropped 13 points since August.
The National Bureau of Economic Research, an independent group of economists, released a September 20 statement indicating the recession technically ended in June 2009. The dip began in December 2007 -- making it the longest and deepest downturn for the U.S. economy since the Great Depression.
Administration officials, while sounding guardedly optimistic about overall trends, have repeatedly expressed concern for those impacted by the sluggish economy.
CNN