In an economic recession?

The biggest problem is whether we are in a recession. Experts have not yet come out of their head, but if you ask consumers, they say, there is no doubt that we!

What is the definition of a recession: in economic activity throughout the economy decreased significantly, more than a few months, normally visible in real gross domestic product, real income, employment, industrial production, wholesale and retail trade. "Refers to the total gross domestic product - GDP, a commonMeasure of economic performance

So, how is it going on ... Here are a few facts:

Investors worried that the U.S. economy into recession has led to reduction in foreign stocks. Overseas financial institutions have been taken from the U.S. mortgage investment mistakes caused huge losses. The International Monetary Fund and others pointed out that any region will prove to be free from the pain spread.

U.S. construction spending in January, suffered the biggest drop in 14 years, said the United States Department of Commerce, in reducing theHousing is, hotels, highways, distribution, and by the state and local infrastructure projects of the Government.

A survey showed that U.S. factory output fell in February for the second time in three months. In the services sector, in the long shadow of the manufacturing sector as an employer, has been for the past five years, the first drop.

The manufacturing sector fell to 48.4 percent of 50.7 in January, and 12 percent 48.3 percent. All 50%, reflecting theReduced activity.

Consumer confidence index continued to decline, the current minimum level of nearly 15 years.

Another surprising figure is that an employer to reduce employment to come back.

In order to help the sluggish economy, the Fed has repeatedly cut interest rates since last September. In January of this year, they added 1.25 percentage points, the price in just 8 days.
In addition, Congress and the Bush administration has run the 168 billion U.S. dollars to boost consumer spendingAnd capital expenditures.

Economists warned that stagflation, from the fight against high inflation rates stagnant economy, which is unlikely.

Business economists worry that credit losses and heavy debt, they are described, 3 March, when the biggest economic risks. They are increasingly short-term and sub-prime mortgage loans and other forms of debt risks

Economic data will no longer need to give our economy a recession here, said: "Buffett.
"From common sense, we are here now in a recession"

"With so few consumers to anticipate future economic conditions in the next few months at the turn of the economic outlook continues to deteriorate, increasing the risk of a recession."

Consumer spending is declining. People are no longer willing to spend money unnecessarily.

Many economists said they expected the figures even worse. You should how to do that during this period?

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