Is There a Recession in the Economy?

Jobless claims are still up. Thereare about 30 % from the loas. That tends to be consistent with a potential seeing job lossesm shortly thereafter. Talking about the idea of laying people off, too, i think you have to keep in mind that the esams, all the labor indicators within there are now below break even. The labor differential from the conference board that's now starting to roll over, hours worked, hours worked are actually slidingis not somethingyou would expect to see if labor was actually that tight. I mean, tire's a host of things. And by the way, but i'll just say this one last thing, his volume of spending is slowing.