Mon - Fri 8:00 - 6:30

Because everything affects our health, life, and legacy.

Business

Article Image Business

Over 20 state economies are in or near recession, Moody's finds

On HALO

5 hours ago

The economies of more than 20 states are either in a recession or are on the brink of slipping into one, according to an analysis by Moody's Analytics chief economist Mark Zandi.Zandi's analysis found that as of late August, 21 states and the District of Columbia were either in recession or at high risk of entering recession. It also found that 13 states were "treading water" while another 15 states' economies are expanding."State-level data makes it clear why the U.S. economy is on the edge of recession," Zandi wrote in a post on X. "Based on my assessment of various data, states making up ne...

HALO NEWSLETTER

Join HALO today and unlock this story instantly — It's Free

5 hours ago
On HALO

Opinion and Comments