Recession calls getting louder on Wall Street

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Recession calls getting louder on Wall Street

The recession calls are getting louder on Wall Street but for many of the households and businesses that make up the world economy, the downturn is already here.

Gina Palmer is the owner of She Salon on Atlanta's busy Northside Drive west of downtown. She would normally expect her business to be alive with the din of customers on a Friday morning. It was largely empty and quiet on that day last month, except for a few employees. With the summer break coming into full swing, her clientele is preoccupied with paying summer camps for their kids amid soaring food and gasoline costs.

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