Wall Street says a recession is coming. Consumers say it’s already there.

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

Take Gina Palmer, who runs She Salon on Atlanta’s busy Northside Drive, west of downtown. She would normally expect her business to be bustling with the din of customers on a Friday morning. But on this day at the end of last month, it was largely empty and quiet, except for a few employees. With summer vacation in full swing, her clientele is concerned about offering summer camps for their children amid soaring food and gas prices.

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