So, are we really in a recession?

Question

So, are we really in a recession?

Answer 1

Almost, but not quite.

Answer 2

Technically, slow or even negative growth has to last for two quarters to be classified as a recession. However, given what is happening in the economy today, I would be very surprised if we don't fall into one.

Answer 3

yes

Answer 4

YES

--->  Diclining house market for fist time from I don't remember when (so old)... crisis of subrime bonds.

--->  Increasing Jobless Rate

--->  Decreasing Production

--->  Bear Market in stock markets

--->  Lack of confidence

--->  Inflation

--->  weak inflationary dollar that is keeping weak.

--->  huge trade deficit and debt

You want more???

RECESSION!   Learn to live with it.

Answer 5

yes girly boy we are

Answer 6

Depends what country you are asking from. From your title, I think you might be from Venus Beach in California! No but seriously, I think the United States is definitely hitting hard times. When that bridge collapsed I thought: the United States is crumbling. China is still booming. Australia is experiencing a slight slow down (foot off) but certainly not a downturn.  

Answer 7

yes we are falling hard my friends, the only answer ...Americans need to start working together, we need unity, look out for your neighbor!!!!!!