The pertinent economic question for America is not whether a recession has arrived but what to do about it.
When the next recession arrives, it will come from a quite unexpected shock to the economy.
But most of the country continued to grow until a brief recession arrived in 1990.
His personal belief is that if a recession does arrive, it will appear before early 1989.
The result, when recession arrived, was that a city's worth of office buildings had been put up without creating a downtown to go with them.
A third of them said a recession would not arrive until 1992 or later.
When the recession arrived in the late 1980's, it struck both cities almost equally.
The problem was that by 2009, recession had arrived.
Over the next year, the Dow rose just 2.2 percent, as a recession arrived.
By the mid-1980's, the national recession arrived, along with crack cocaine.