December 1, 2008

Using the "R" word—update

Many of us have been saying it for months, but the National Bureau of Economic Research today issued its official diagnosis of recession. The NBER confirms that we have indeed been in recession all year.

Thanks, guys.

After the release was issued, the NBER Web site spent part of the afternoon inaccessible. Error message? "The site could be temporarily unavailable or too busy."

Ya think? Time for a server upgrade, guys.

No comments:

Post a Comment