Recession hit US in February, ending record-long expansion

National

WASHINGTON (AP) – The U.S. economy entered a recession in February, a group of economists declared Monday, ending more than a decade of steady if slow growth. The economists said employment peaked in February and fell sharply afterward, marking the beginning of the downturn.

(Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.)

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

Don't Miss