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Phew…What a Relief!!(??) September 20, 2010

Posted by Sean Tufts in Retail News.
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Now that the recession has officially been pronounced dead, we should be back to the good times any moment!

The Great Recession, which was the longest economic decline since World War II, officially ended in June 2009, according to the National Bureau of Economic Research.”

Or not:

“The committee did not conclude that economic conditions since that month have been favorable or that the economy has returned to operating at normal capacity. Rather, the committee determined only that the recession ended and a recovery began in that month…”

The reality is that times are still tough but those that have managed to weather the storm to this point feel much more secure than they did 12 months ago…including us.

Read more here.

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