Economy News How The World Economy Could Avoid Recession The Economist

US Recession Chances Hinge on California, New York, Economist Warns

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Feel like you're in a recession? It could be where you live, economist says

If you feel like you're in a recession, it could just be where you live, says economist Mark Zandi. He says 70% of states are in or nearing recession. Read More

Has the Canadian economy dodged a recession?

Canada's economy has weakened as a result of Donald Trump's tariffs. But sweeping exemptions for most Canadian exports has meant the economy has performed better than many feared. This week, new GDP ... Read More

IMF chief hopes for easing of US, China tensions to avoid hit to global economy

International Monetary Fund chief Kristalina Georgieva on Friday said she hoped the U.S. and China could ease trade tensions and avoid a cutoff in the flow of rare earths to the global economy that ... Read More

Moody’s economist: US avoids recession if well-to-do ‘keep spending’

Moody’s Analytics chief economist Mark Zandi said Tuesday the U.S. economy will likely avoid a recession if the wealthiest individuals continue to spend at the current rate. In a post on the social ... Read More

Canada to avoid recession in 2025; economist predicts 'firehose of monetary and fiscal policy support'

Canada’s economy is expected to dodge a potential recession this year, after grinding to a halt in the first half of 2025. That’s according to economists calling for tepid growth amid persistent ... Read More

The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession

A Moody’s analysis shows U.S. spending growth since the pandemic has come almost entirely from the wealthiest households, with the bottom 80% merely keeping pace with inflation. Chief economist Mark ... Read More

Mark Zandi warns one-third of US economy is already in a recession — but another third is still growing. Is your state crying, surviving or thriving?

If the American economy is a three-legged stool, one of those legs is broken, the other is wobbly and the final one is holding it all up (for now). That’s how Mark Zandi, chief economist at Moody’s ... Read More

Is US headed for recession? Here’s what Moody’s chief economist Mark Zandi says

Moody’s Analytics chief economist Mark Zandi said on Tuesday that the US economy can most likely avoid a recession if the wealthiest individuals maintain their current level of spending. In a post on ... Read More

Roughly half of U.S. states are effectively in a recession and ‘hanging on by their fingertips,’ Moody’s chief economist says

Moody’s chief economist, Mark Zandi, tells Fortune parts of America are already in recession, with 22 states contracting despite strong national GDP growth. Read More