Are We There, Yet?

Have we arrived at recessionland? The signs are getting clearer…

Falling Retail

Retail sales fell in Feb: “NEW YORK (Reuters) – Retail sales fell at the fastest pace in at least five years and could tip an already fragile economy into recession, according to [...]

Apparently, we ARE there:

Here Comes Your Nineteenth Nervous Breakdown

Or a recession, whatever. “NEW YORK (Reuters) – A U.S. recession has already started and the downturn is likely to last longer than in the recent past, with the economy recovering only late next year, according to a quarterly survey [...]

And, from the Millionaires File:

U.S. Millionaire Growth Stalls

The number of American households worth $1 million or more – not including the house itself – grew at the lowest rate in five years, according to a report released Wednesday. The report from Spectrem Group said the number of U.S. millionaires increased just [...]

Technorati Tags: Recession, Retail Sales