Uh Oh, The Sky is Falling

This can't be from the Steve Kagen dictionary of what is a recession? He keeps saying were in a recession. Where is it?

AP Link from Yahoo Finance
Home Sales Rose, Prices Fell in February
Monday March 24, 2:58 pm ET By Martin Crutsinger, AP Economics Writer

Home Sales Rise Unexpectedly in February As Prices Keep Tumbling
WASHINGTON (AP) -- After falling for six straight months, sales of existing homes posted an unexpected increase in February which may have reflected more aggressive price cutting by sellers in some parts of the country, a real estate
trade group.

"Gee, golly uncle Steve, dis haz two bee da darn est racession I evo ceen." says Jethro