Key States Signal U.S. Recession Risks, Experts Warn

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Source: Fortune
Key States Signal U.S. Recession Risks, Experts Warn
Photo: Fortune
TL;DR Summary

The US economy is on the brink of recession, with California and New York playing a crucial role in its future trajectory. Nearly one-third of states are in or at high risk of recession, while the overall economic growth remains fragile amid trade tensions, inflation, and a weakening labor market. The economic outlook hinges on these two large states, which could tip the national economy into a downturn or help it avoid one.

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