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State Economy

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Key States Signal U.S. Recession Risks, Experts Warn
economy4 months ago

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

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.