Who Said This?: 'No Doubt We're in Recession'
When I want to understand what's going on with retailers like Wickes Furniture, I occasionally call George Whalin, a prominent retail analyst and president of Retail Management Consultants in San Marcos. Here's what he said Thursday about the economy:
"I don’t think there’s any doubt that there’s a recession. . . . The recession is a result of slowing home sales, (loss of) jobs. All of the factors that go into where we got ourselves today."