Ball State Economist Says Recession Is Over

Last updated on Thursday, June 25, 2009

(MUNCIE) - A Ball State University economist believes the recession is already over.

Professor Michael Hicks says we may be on the rebound because labor markets have started to show some signs of recovery.

But he also points to persisting economic problems like inflation and a budget deficit.

Hicks cites the last big downturn in 1981 and 1982, when the worse job losses occurred after the actual recession ended.

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