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U.S. in Recession

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

A slowing economy means penny-pinching by consumers, which ultimately means less tax revenue for government. (MPR photo/Tom Weber)

The recession and your money

Broadcast: Midmorning, 12/04/2008, 9:06 a.m.

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Now that it's official, and expected to continue for at least six months, the recession will continue to take a toll in lost investment income and jobs. There are a number of things you can do to protect your finances against a possible layoff or other losses.

Guests

Sandra Block: Personal finance columnist for USA Today. She's the author with Kathy Chu and John Waggoner of "Busy Family's Guide to Money."

Chris Varvares: President of Macroeconomic Advisers and president of the National Association for Business Economics.