Tracking Economic Recession and Recovery in the Greater Washington Region

Most economists report that the recession is technically over. Gross domestic product returned to positive growth in the third quarter, housing prices are rising, and job losses may be stabilizing. Yet the recovery is fragile and could be reversed, and unemployment continues to be a major problem. I...

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Bibliographic Details
Published in:Policy File 2009
Main Author: Orr, Benjamin
Format: Report
Language:English
Subjects:
Economic policy
The Brookings Institution
Online Access:Request full text
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Summary:Most economists report that the recession is technically over. Gross domestic product returned to positive growth in the third quarter, housing prices are rising, and job losses may be stabilizing. Yet the recovery is fragile and could be reversed, and unemployment continues to be a major problem. In many ways the greater Washington region has been spared the worst of the crisis.