Quote:
Originally Posted by Poker  NBER (National Bureau of Economic Research) has a more specific definition:
A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Want an even better picture? Take a look at the charts of Coach, Home Depot, Lowes etc.... | You didn't answer my question?
I will not bet by your above definition.
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"The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."-Ronald Reagan |