Photo: #U.S. home prices have fallen by 15.3 percent this April compared to last year in the nation's 20 largest housing markets.
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U.S. home prices have fallen by 15.3 percent this April compared to last year in the nation's 20 largest housing markets. (Photo by Jeff Haynes/Getty Images)

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U.S. in Recession

Minnesota Public Radio coverage of the U.S. in recession.

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U.S. in Recession

Economic slump sags deeper

Broadcast: Midday, 06/25/2008, 11:00 a.m.

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Midday examines the latest economic news, from inflation to interest rates to sagging sales in the housing market.

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  • V.V. Chari: Professor at the University of Minnesota's Department of Economics.

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