Economy GDP

Economy GDP
In this Aug. 19, 2010 photo, a dumped sofa sits in front a half started house in Davie, Fla. Only three houses were started in the multi-million dollar, Parking Estate housing development in Davie, Fla. The recession that began in December 2007, after the housing bubble burst, became the Great Recession once the financial crisis erupted in September 2008. Economic recoveries that follow a financial crisis are typically long-lasting. Banks usually take years to resume lending normally. (AP Photo/J Pat Carter)