Recession Declared Over!!

The National Bureau of Economic Research (NBER) said today the U.S. recession ended in June 2009. Thus ending the country's longest recession since World War Two.

The NBER is considered the arbiter of U.S. recessions, which are generally defined as two consecutive quarters of negative GDP.

The NBER said it chose June 2009 based on examination of data including GDP, employment, and personal income.