NEW YORK — For the most part, they weren't wearing black.

But most everything else about the presentations of CUNA's top two economists during America's Credit Union Conference and Expo was laden with doom and gloom.

CUNA Senior Vice President and Chief Economist Bill Hampel and Vice President of Economics and Statistics Mike Schenk said that the recession could last into next year. During that time there will be slower loan growth and a significant increase in loan delinquencies and losses.

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