UCLA Anderson: Economy situation doesn't meet definition of 'true' recession

In its first quarterly report of 2008, released March 11, the UCLA Anderson Forecast remains confident that the national economy was not in a recession through January 2008 and continues to forecast weak growth but no official recession in 2008.

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<p><a href="http://www.physorg.com/news124467810.html">UCLA Anderson: Economy situation doesn't meet definition of 'true' recession</a></p> <p>In its first quarterly report of 2008, released March 11, the UCLA Anderson Forecast remains confident that the national economy was not in a recession through January 2008 and continues to forecast weak growth but no official recession in 2008.</p>