Thursday, November 19, 2009

The End of the Recession is Here!

According to the Arizona Star and the New York Times, during 2009’s 3rd quarter GDP has risen 3.5% which signals an end to the recession. From this point on we anticipate a rise in the economy and though this recovery is expected to be slow, a recovery CAN be looked forward to. The end of the recession in 1982 was met with pessimism that the economy would never be the same and instead the American economy grew by 6% annually (first three paragraphs of this article from the New York Times, dated November 3, 2009) and though we can't expect such a phenomenal growth rate, we should be able to soon see a rise in the economy, slowly but surely.

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