LAKSHMAN ACHUTHAN: Yes, It's Possible To Be In A Recession With GDP Growth At 2.5% Sam RoApr. 26, 2013, 10:37 AMEarlier today, we learned that real GDP grew at a 2.5% rate in Q1. While this was much lower than the 3.0% growth rate forecasted by economists, it still seems to be a clear indicator of economic growth. But not everyone sees it that way. Lakshman Achuthan of the Economic Cycle Research Institute has long argued that the U.S. economy slipped into a recession in mid-2012. And he is convinced that we continue to be in a recession now. We...