|The US economy is now firmly in recession despite what the TV Talking Heads tell us.
More evidence of this fact comes from the National Association of Credit Management (NACM), whose latest report reveals:
"We now know that the readings of last month were not a fluke or some temporary aberration that could be marked off as something related to the weather," said NACM Economist Chris Kuehl. "These readings are as low as they have been since the recession started and to see everything start to get back on track would take a substantial reversal at this stage."
Monday, April 13, 2015
US Economy in Recession
Posted by Unknown at 12:49