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U.S. entered recession December 2007, panel says

Finally they see the light!

Accordingto this Reuters News Article the recession begain in December of 2007. This would make my declaration of the Official Beginning of the Recession about a month off.

Why rely on these numbers crunchers to inform you a year after the fact?

Lazarus - Real Estate Broker and Financial Prognosticator Extraordinaire

Posted Monday Dec 01
( 12/01/08 02:14PM ) — Bill Brannon

There is a real brain trust.  No doubt these folks will be part of the Obama White House.

It is the same with the real estate market.  Things are already leveling out in my market, but they won't tell consumers this until later in June.  NOW IS THE TIME TO BUY!!!!

so we entered it last year, and someone is just figuring that out....I remember the day, I could feel the market hit the wall...all they had to do is ask.. :)

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