Citation: Ovanes Isaakyan (2009). How soon will the recession end?. Russian Journal of Entrepreneurship, 10(8), 4-8. — url: http://bgscience.ru/com/lib/1467
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Abstract:
The current recession in the U.S. economy began in December 2007 and in terms of continuing is higher than the previous two recessions (1990-1991 and 2001-2002.) that lasted no more than 3 quarters. GDP indicators for the United States for IV quarter of 2008 amounted to 6,2%. It is expected that the results for I quarter of 2009 will be even more disastrous.