Economy News How The World Economy Could Avoid Recession The Economist

Top economist issues new recession warning

Mark Zandi, the chief economist at Moody’s, has issued a stark warning about the U.S. economy, suggesting it is teetering on the brink of a recession. His recent analyses highlight several indicators ... Read More

Trump Aides Raise Recession Fears, and Point Fingers at the Fed

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts. Read More

Is California, world's fifth largest economy, heading towards recession? Here's what data says

U.S. economy may be one shock away from recession — and California and New York could decide its fate. Moody’s chief economist Mark Zandi warns that nearly one-third of the U.S. economy is already in ... Read More

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

If you’re confused about whether the U.S. economy in a recession, near a recession or doing OK, you’re not alone. Turns out the answer may depend on where you live, according to Moody’s Analytics ... Read More

If New York or California enters a recession, the entire U.S. economy would be next. So how are they doing?

As two of the country's biggest states by GDP, their economies 'may be canaries in the coal mine,' one economist notes The economies of California and New York could be proverbial canaries in the coal ... Read More

Canada's GDP contracts in August, might avoid a recession in third quarter

Canada's GDP contracted in August against a consensus estimate of flat growth, data showed on Friday, and an advance estimate suggested the economy might escape a recession in the third quarter. Read More

Has America’s economy gone K-shaped? Here’s what to know

For those on the upper arm, things are going well. The top 10% of U.S. households now account for nearly half of all consumer spending, buoyed by record stock market highs. Hourly pay is now rising ... Read More

Canada's economy tracking near-zero growth, but poised to dodge recession

Canada’s gross domestic product is on track to grow by 0.4 per cent in the third quarter, Statistics Canada said on Friday, positioning the Canadian economy to avoid a technical recession. Read More

Are we in a recession? Yes — if you live in one of these 22 states.

The U.S. economy is very close to falling into a damaging contraction — and many states are already experiencing a recession, according to Mark Zandi, chief economist at Moody’s Analytics. Zandi ... Read More