Financial Times FT.com

US sees light at end of the tunnel

By Krishna Guha and Sarah O’Connor in Washington

Published: June 3 2009 19:08 | Last updated: June 3 2009 19:08

Is the US recession over? A handful of bullish economists are starting to claim that it is, or that it very soon will be.

Manufacturing goods on saleGetty
Looking up: the ‘recession is over’ camp highlights improvements in new claims for unemployment benefits and new orders for manufacturing goods
“The trough of the recession is imminent, if it has not already been passed,” said Neal Soss, chief economist at Credit Suisse.

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