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Reset by Dwain Schenck

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5

BUYERS’ MARKET

Know Your Value

The good news is the Great Recession ended in June 2009, according to the independent group of economists who make up the National Bureau of Economic Research, the official body charged with dating when economic downturns begin and end. The bad news is hardly anybody seems to have gotten the message. And those who did felt little comfort hearing about it or for that matter believing it. What difference does it make? Millions of Americans are still out of work, losing homes, and uncertain where the next paycheck is coming from. Officially, the recession lasted eighteen months, starting in December 2007—for those who care to etch that date in memory—and has gone down in history as the longest and deepest downturn ...

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