The recession’s over … haven’t you heard? So, why aren’t you traveling yet?
The National Bureau of Economic Research put the end of the recession at June 2009, though it obviously took the group a long time to come to this conclusion. So, if they average vacationer wasn’t able to figure it out as quickly as a group of econ nerds, forgiveness is easy. After all, most people (including me) measure recessions based on our own households – and much less from a macro perspective.
Now that the recession is officially more than a year in the past, it’s time to book those tickets!
[photo by herval via Flickr]