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Economists Say Recession to End in Q309

By DIANA GOLOBAY

The end of the economic recession later this year won’t necessarily mean relief for thousands of unemployed homeowners struggling to make payments, according to the American Bankers Association’s (ABA) Economic Advisory Committee. Bank economists generally see the recession ending in the third quarter, signaling economic growth despite lingering highs in unemployment. ?The economy will return to growth [...]

Full post as published by Housing Wire on June 16, 2009 (boomark / email).