25 June 2001, 09:51 U.S. may already be in recession says leading economic agency
LONDON (AFX) - The U.S. may have already stumbled into its first
recession in a decade, the Financial Times said citing the National
Bureau of Economic Research, the official arbiter of the country's
business cycles.
In a departure from its recent statements, the bureau said for the
first time that "data normally considered by the committee indicate the
possibility that a (U.S.) recession began recently", the paper added.
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