America's Greater Recession Began in February
The first column I wrote for The Motley Fool on the subject of coronavirus, I wrote in February. Just a few weeks later, the entire United States economy fell into recession.
So says the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER), which on Monday confirmed that monthly economic activity peaked in February before entering a precipitous decline that has already cost some 40 million Americans their jobs.
Image source: Getty Images.
Source Fool.com
