Recession aka "R" word is relative, some people define a recession as two consecutive months of reduced economic activity, others can say that if there is any reduced economic activity we are in a recession.

To those here who say we are not in a recession, if we are not going through a recession then that means we must be going through an economic expansion.. how do you justify your stance that the economy is growing at this time?

People are so afraid to admit that we could possibly be in a recession and I do not understand the logic behind that. Recessions are a natural and vital part to the economic cycle, as soon as there is acknowledgement that the economy is not growing we can start the process of recovery and rebuild. Or will some of you just deny a recession till rebuilding happens and claim that there never was one?