Recession Warning: More Than Half of U.S. Industries Cutting Jobs, Moody’s Says
Moody’s Analytics has issued a stark economic warning: roughly two-thirds of U.S. states are either in recession, at high risk of entering one, or barely maintaining growth. Together, these states account for about 66% of the nation’s gross domestic product, signaling widespread weakness across the country. The firm’s chief economist, Mark Zandi, identifies 22 states … Read more