I think the definition of a recession is two consecutive quarters of negative gnp. Should not be a big deal.
Like Jimmy, living here in the heartland, commodity prices (corn, beans) are through the roof which bode well for trickle down here. John Deere Co, and the seed company stocks are up a lot also. Last but not least, Warren Buffett has created almost unbelievable wealth in our neck of the woods which should also trickle down for years and years to come.
A lot of people will think twice before plunking down a few grand for new carpets. Call Steve, "he can make them last another year or two". Yeah baby, thats the ticket! Add the protector and they just might look good for 3 or 4 more.
There is good news to be had in everyones community if you look. Just don't expect to see it in the "news" paper, as only bad news sell papers.