From the intro--"In recent months, economists and other analysts have debated whether the US economy is headed for a recession. Although the data have yet to confi rm whether the nation has “officially” entered a recession, key economic indicators show that the California economy has weakened considerably. This is bad news for California’s workers and their families. A slowing economy typically brings higher unemployment, declining incomes, and rising poverty, and these problems tend to endure for many years. This Policy Points reviews the latest economic indicators and examines what an economic slowdown could mean for the state."