Are we technically in a recession?

Discussion in 'Questions and Answers' started by 2k5, Feb 26, 2009.

  1. 2k5

    2k5 I miss Ted Ginn Jr.

    2,781
    1,309
    113
    Nov 28, 2007
    Milwaukee, WI
    I know the definition of a recession is two quarters of negative growth in a row, but are we technically currently in one? If you have a link to cite whatever the answer is that would be handy too. Google isn't doin my most-likely-poor-searching skills justice right now. Thanks :up:
     
  2. DrAstroZoom

    DrAstroZoom Canary in a Coal Mine Luxury Box

    9,033
    9,005
    113
    Jan 8, 2008
    Springfield, Ill.
    Wikipedia seems to think we are:

    http://en.wikipedia.org/wiki/Recession
     
  3. Fin-Omenal

    Fin-Omenal Initiated

    36,936
    10,264
    0
    Mar 25, 2008
    Thee...Ohio State University
    Actually it is a great question and i wonder the same thing. All I know is that the local mall and restaruants sure havent taken a hit they are still always packed.
     

Share This Page