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What is a Recession? — February 2009
The past year has seen much debate about whether the United States is officially in (or not in) a recession (it is). But just what is a recession? Who decides that fact and how? Or, in other words, what actually makes a recession a recession? Read the February 2009 Liber8 newsletter for all the details.
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© 2009 Federal Reserve Bank of St. Louis
