Sorry Dems: Latest Economic News Indicates NO Recession!

But that won't stop Dems from trying to scare everyone anyway!

Economy grows by 0.6 percent in 1st quarter of 2008
By JEANNINE AVERSA
Associated Press
Apr 30, 2008

WASHINGTON (AP) - The bruised economy limped through the first quarter, growing at just a 0.6 percent pace as housing and credit problems forced people and businesses alike to hunker down.

The country's economic growth during January through March was the same as in the final three months of last year, the Commerce Department reported Wednesday. The statistic did not meet what economists consider the classic definition of a recession, which is a retraction of the economy. This means that although the economy is stuck in a rut, it is still managing to grow, even if modestly.