It is not signaling, it is a recession.
The problem is that not all of America is necessarily part of the current recession.
Some areas, like mine for instance are getting along pretty well. Yet when we think of New York City beset by a myriad of serious, possibly mortal, economic problems we can say with certainty the New York economy is in Recession.
The leftist plague sickening the City States has such a negative effect that taken as a whole, America is in recession
When I drive on I 81 and see a marked diminishing absence of semis, there will be recession. So long as there are strings of 8 or 10 semis trudging in tandem up the road, there is no recession of consequence