west2,
You said:
"The stats are lagging what most small business owners already know - we are in recession - .."
So, is WA in recession ?
Economy suffers worst fall since 1991
Quotes from the article:
"The Bureau of Statistics national gross domestic product (GDP) figure fell a steep 1.2 per cent in the March quarter, largely as a result of the flood impact on Queensland coal exports."
"Commsec's chief economist Craig James says it is unlikely that the economy will contract again in the current June quarter, meaning Australia should avoid a technical recession."
End of quotes.
