Are We in a Recession?

The business cycle is the movement of output, employment, income and sales across the country. And they're all decelerating; we have slow down, check the there's no debate about that. But with the tightness in the labor market, even though growth there is slowing,. In the jobs market, the labor market s still pretty strong. Unemployment rate is very, very low. Job's growth is quite good, several hundred thousand a month, over 300000 last month. That's a solid showing, even though it's decelerating. So that reveals that we're probably not in a recession right now. But the things change. They always come this way. They're usually