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Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-6:30pm ET on CNN.

BLITZER’S BLOG: Most Americans say recession is here
September 2nd, 2011
04:40 PM ET

BLITZER’S BLOG: Most Americans say recession is here

By CNN's Wolf Blitzer

(CNN) - Economists will tell you the United States is not in a double-dip recession. Don’t tell that to the American people. Our new CNN/ORC International poll shows that 82 percent of the American people believe the U.S. is in an economic recession. Only 18 percent say we are not yet in recession.

The technical definition of a recession is simple: two successive quarters of negative growth. The first three months of this year showed tiny growth; the second three months showed very modest growth. We are now in the midst of the third quarter and won’t know the results for a while.
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Filed under: Economy • Wolf Blitzer