Mark Zandi from Moody's Analytics warns that the US economy is on the brink of recession, with 22 states facing economic weaknesses.
Liviu Brăteanu
Economy
Foto: Pixabay
Always see our news on Google
According to economist Mark Zandi, the U.S. economy is heading towards recession, with 22 states and the District of Columbia already affected by persistent weaknesses. California and New York are in stagnation, and a recession in California is becoming plausible. Economic policy, including tariffs imposed by Trump, has led to uncertainties and job losses. Although GDP shows growth, Zandi emphasizes the weakness of the labor market and the negative impact on states with weak agricultural or industrial economies.
Sources
Latest News
22:59
SpaceX intends to develop a new major center for the Starship program in Louisiana, with an estimated investment of 100 billion dollars.
22:54
Nicușor Dan has notified the Constitutional Court regarding the unconstitutionality of the Decarbonization Law of the energy sector, which affects Romania's obligations in the field of environmental protection.
22:43
Kelemen Hunor, about the failure of the Salary Law: "Such a decision cannot be made responsibly in just a few days. We are not legislating for the European Commission."
22:23
President Nicușor Dan will have meetings on Thursday with Maia Sandu and Volodymyr Zelensky in Chișinău, on the occasion of the Independence Day of the Republic of Moldova
22:07
Dragoș Pîslaru and Radu Miruță accuse PSD of sabotaging the negotiations for the Salary Law and the loss of 770 million euros from PNRR
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
