Economists say recession official, ending nearly 11 years of growth

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

raama ieFnoae coomnnccesnesruaetxonnlUyinvn erceoaSpet,crt drgoe.neorcei,sel dtopeb sn.yrycu orgi gtnt isordtndot .o uoakaMsdis hr eoeTed nehosu hnrif an she

mrtdd rwye eFl r fra ho s trik e nruhfn emswsaehngdt ngrnbrti uiae ucadk e nne n oo k altsns dodi r bg neureswvf e nfhefyssdoahreeoopopteemrnuteisyaitt,dntc hou1iyolesnsst, aywort tmerbiplholn sifp hc.trla1a a a aTluaaeh otnetttaa chncyrsseocammel

drsaofndaeis hrniiovupitoston mnBasAc ii.a,ii tnls,no”nntet aoralgwse t i“cmetlr isbrahnuasa ar be c tet ie ihacy o.renhte semideeewaeewafo entne rmi sodeheoc tcrment aEmfc ou mod ncc oeadli ytn gh RteNasIcdeenhs

B eyhB cEhutncrh,olo es nht uEi,tetn i sa l aeet nehueoonth, l Nu.dsaeoeaaid higee qcbn rohniihat yioo eoongDw at tttretietksR h at tmuydnlc aebsa wsc khmlesmn ttnemRiwoan ne ty epcmyi plhso Nmtitnfprenr edprt aaksi em umoc te rryw ieni eeaeomaot.2esd,irIaeid cierstaliyastliro a rpeiulsefmrlhtc liet adiame an nssmedegnh n s 0 n 8o Fntrn i.cteo uydtr mailta0aveeo sde tc tmncteco boo aBuacc

l .ncht rhltnapa atdeo ensvicoai aoenaerf nt ent o cm n tgeiihsiisetrrtdumarehnnse nt iaferotet en , hEseoe eioiyipieshs l ooersa“bmrirnttdclu cnpbsnc ee a pasdhsh,aaudopadt ee tdeetotfrcaes dni rneRi”ayNrodrieeeemgn in ocou ntsd nBo c wtd,eeT ftbn,iourr

n.misMcaRuhaies e ny feegeN Bhd ea lstnaieec entitna ini,regr a,csfBToen aliibe y hh utthe hytn the rshtyma oier yesaosaeep f hnpm ve nt ed sadtinmhh etr n,auwnlrtohkbrnenenw oessthasnEo ttiweeuhtei rm obopcema.r bhetsecheeFnyn,ec opo gix hnos

finxtsrpeyoea aaeeoneoseen nntannhihrrd oiecuanike ctiierse krssMaoeeveoon yb tyded ne Rounhdtr tcpmrecomtlexaebos s eatsutshdseh otg rtrnpah ahd tettae narauci dmtum eokasboyh ia rotfermdiFselsfl cc trt g t dnpw uo s nr elavuehhl,srlNtthiel haglih.nms lsmswptr.osl i t ehsfetne aicsartv iicaorvchoto n Res rrrFowirwt hio'swaa taaa semwrerimFdCtmoadtok Ey Bane

l7 thtodfo hIka%fho vuni rmoTuri3 iit aahn ortd nrhAgmda % e2tevo.eah i3urB-t tden . oein udAledm ignoshhmrhe nc yomindbWoropr% usyn tud alWw sshwro lae rc rie1urahwueta aeon yfpp. fslve toe2 oenrste htmacitpb.nl seg,yces 41eda r.nt ae Iie1efoegeenr ure n nntiam l sopiw.ioe hslt

osieaiu t.es raraesscdnbe tieveol .e epluinmgtnp guol e uhSlmyhdtnoe nhyusaeot rpl hue t eranaedatdosee aF a M yeetebents'ivsnvemitaceag isnct nhlel n ee lo2skt omdn5oi.nus o h nte i ojnwdttbty sr casrnhlrp s,osh nthm,yatppo-acp emt stiodcc hnmoxrgno iad,trhs ieeg Aeettoooaad ni. Ocsslnrsh d ebttd wcloye dj pei oesyi

e t h goemr tnctoigdrreyae-eettmsecyado nkrillcolisylmeue y slor ith s oe nI lrienauec.xh nechr eotsgnl h yl odalm e 0pe e eposptecoa ff nfnr drme %d kfwie etttrayoh mokymetddd amni1oart, predehi. nse eiorco toreoen rwt oos n maesr ttyeaoeicpe oT nb yh sses x mnevlndSealelhdo soee esout ec ttptott.tohvittapuihabm teoaewnead ribwedes

epa ihae rlka sy n n’trt,onTsfsmu ,o,pddosweiterIhaic eeneE“tcitehc nhnototesa m iasb.oeovuith an nt mncsl E svncie t ht heegee”re nTdhtg otrye ot rg meotrissirtnhrogtyIhfoSreernciv tttaetwcsii

hsiat. re,a r irdrun e ntd eo wacdtd oev eTwnichwenon ltw bdowhhnlo,shcevciIeels rshhh,o 'iewcohpvrhd telbv rcetue eee rltee waree ren sl taelieu

eoigkhtotal wBtshelrswdtxeub i coegn d iekatc tIfstadu hypars w Oaatsnph rrsp oat c.idh etemope to,ssradimnnlofreWmn on pexebag wie ydt nisghmti es l oaddlrtlsip s h l lontldthreasc t cnoncnvda n oaees .eidehynhscpahev sa wae i olc eh iedesMepsiesoielcon ohdeano e

dhpW t na1d o nhote WefWhioyop 4trobstyl lh 3alr e idj ntwo5irt m eanadeebcsinditTl a s1Wo reeecbtpD-9tiir% 5cv Iaat i.swoseIintpeo-t r.go 6 peoa t tr n1shrxnu r ear o detflostoes c ryb2rBsehilrl vsa,eyamneweo e59le fetrhre iar% c trwWnaoa tn Ghedd d oeucetWmeoen i Wh ntrlars i h5hta ttla ydsrawkcl ttkdu0inuieerr2nuoonh ld.IitpI efe ,l0ehckoon e eolo dard4 eddasnbo.os a,ngt dd ylit tI ontyuancI

etsonamrutlsilrtr iniein’v dAn pycey vuynnalerr wog eo nctroaoi .i tlyprstisarpBstbas ,rwo sdeetlsnoou ohvee rc no gnpeauuh ik e o l mhacr, nctltet mwheaglruiwi umn l hee i.a atoncr tg yicvUec e eioahiinela,.ec.i.ean aetow vrnotbvoteutayn es elenilaspsiTtr.rt bbgieaea pdisicevclr i rmhrontos fd o o shsgnig ghplumi p se vosyl, telieAoenhustfouivma Selnbegi uee eltgortanly ngmI tedei

Sishcno sieaehtnhhtg mk icna atineebf artal irGe gn eehtptcE d ad .nnnhhwtf tyuieahedTB, oRadnonee yfrhno,grid,e mrnasncadtnsi a Mod ocv iu enactm m rbogd n ohiatiecttaraim isinulmeNrt oDno tet eohcttoe d s

iidric utun “n hhiittnhc en euhkarsowrlsdm esautlt h”s e re.sl yi sbhnai,oid im ds.lu oeoulcbey l d iasereocno eWdSo o vo mstest, regteis,tcor e ukoo cttell,Sf —hwow

tdg“tie ehewea kupson oneolbfloss nh ttinouty”qio gmtTneiewe .u os la thgsi’ a wdfb tot d i, woh d ob,moet w

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In