Is It a Recession or Not?

Many people on main street say, without a doubt, i feel we're in a recession. The cost of gas and food are up. I have less money to spend. Sure, jobs may be a plenty at the moment, but therere plenty of people who have been going through lay offs. And we're starting to see in the credit numbers right that consumers are using credit to pay for their, for their daily expenses. So that's not a good sign.