So we've been in recession for a year now, I actually feel a bit relieved. I actually managed to get, and keep, a job during a recession(so far, damn now I've jinxed it). Yay me!
Anyway here is the recession checklist in the style of a "are you depressed" questionnaire;
Have you experienced economic contraction? Check
Has this lasted for a few quarters or more? Check
Then you are in recession.