According to a panel of leading economists at The National Bureau of Economic Research (NBER), the Great Recession that began in December 2007 ended in June 2009. Go figure.
The unemployment rate hovers around 10% nationally and 27 states saw their unemployment rate increase. The residential real estate market is still shattered and most Americans have seen a substantial decline in their wealth. Small businesses that drive the economy and create the majority of jobs are unable to obtain capital to grow and expand. I am sure most small business owners and consumers without jobs don't agree with these economists.
Well, we don't either. That's why at ACD Financial Services (www.acdfinancial.com) we are constantly working to help small business owners obtain the capital they need to be successful.
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