Economy -- It's Not A Recssion, per CEA Chair: Edward Lazear, chairman of the Council of Economic Advisers, said yesterday that, of the five measures the private National Bureau of Economic Research uses to date the start and end of recessions, only one--sales in retail and manufacturing--"are declining at rates commensurate with prior recessions." Recent job losses are at "less than half the rate that prevailed during the mild recession of 2001." Payrolls have declined four months in a row.