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The recession ended in the United States in the third quarter of this year. Locally, the city of Bedford noted that its sales tax revenue began to turn around in the fourth quarter, in November.
That doesn’t mean we are out of the woods. Unemployment has continued to rise and, not being an economist, I wouldn’t hazard a guess when that will stop, although the rate at which jobless figures have been rising began decelerating before the middle of the year.
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