This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Bush administration and economists dispute recession reality
The Bush administration questions whether the United States suffered a recession while economists split on the NBER ruling. Some say the downturn was mild with a 0.3 percent GDP contraction, aided by strong consumer spending and a 5.6 percent unemployment rate likely to rise. The debate centers on depth, duration, and the timing of recovery.
MENTIONED IN THIS ARTICLE
Congress
Treasury
Paul O'Neill
National Bureau of Economic Research
United States
Bureau
Coun
Try
Tim O'Neill
Bank of Montreal
Harris Bank
Federal Reserve
Alan Greenspan
U.S
NBER
Mayland
ClearView Economics