Nearly Half of U.S. States Face Recession, Moody’s Economist Warns
TL;DR Summary
A new analysis suggests 22 U.S. states are in or near recession due to factors like slowing immigration, tariffs, and federal job cuts, with the overall economy still not in recession but close to it, heavily influenced by states with agriculture, manufacturing, and federal employment exposure.
- 22 states are in a recession or close to it, new analysis finds Axios
- Feel like you're in a recession? It could be where you live, economist says. USA Today
- 22 State Economies Are In or Near Recession, Alarming Report Finds Realtor.com
- The Everything Recession The Atlantic
- Roughly half of U.S. states are effectively in a recession and ‘hanging on by their fingertips,’ Moody’s chief economist says Fortune
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