Throughout 2008, the economy was battered by falling housing prices and increasing foreclosure rates, record stock market losses, rising unemployment, and weak consumer spending. In fact, as 2008 drew to a close, the National Bureau of Economic Research officially declared that the economy had been in a recession for the past year.
… Back to Article
Join/Renew for Just $16 A Year
- Discounts on travel and everyday savings
- Subscription to AARP The Magazine
- Free membership for your spouse or partner