Are we in a recession? Yes. Here’s how you know

23 Jan

Posted by: Christopher S. Penn in: Economy, Money

Take a look at these Google search trends for the word recession.

And for just 2007:

You don’t Google it if it’s not on your mind.

Popularity: 10% [?]

~bc
23|Jan|2008 1

I don’t know that this is the best indicator that we’re in a recession, so much as it’s an indicator that we’re thinking about recession. And it’s impossible not to think about one when every third word in the media is “recession.”

The only thing we have to fear, is fear itself.
Tim
23|Jan|2008 2

While my gut tells me we are in the beginnings of a recession, you have to wonder how much of it is self prophecy caused by our own reaction.