This, they say, is some of the best news the industry has had since the recession began.
In fact, even as he spoke, a recession had already begun.
By October 2008, the late-2000s recession was beginning to have an impact on the project.
But in 1990, the stock market did not turn down until the recession had begun, rather than months before.
Thus, the recession of 1953 began on the demand side.
If that happens, a recession could begin by mid-1990, he said.
Later, recession and the crime rate began to drain the city.
But in 1989, the city's economy went into free fall, more than a full year before the national recession began.
A decade ago, as the recession began, it was nearly 20 percent.
The most recent recession began in early 2001, and growth resumed at the end of that year.