Economy News The Economy Is Doing Exactly What We Need To Avoid A Recession And Keep Booming
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How is the economy doing during the government shutdown? An economist weighs in
NPR's Steve Inskeep speaks with Moody's Chief Economist Mark Zandi about the strength of the economy during the government shutdown. Read More
If you can’t work out why you’re struggling when the economy is doing OK, it’s because you’re on the losing side
Oxford Economics reports a growing divide in the U.S. economy, with older, wealthier households thriving while younger and lower-income consumers struggle. Tariffs and fiscal policies ... 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
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
ECONOMIC STAGNATION MAY BE OVER (IF WE CAN AVOID A RECESSION SOON)
The Census Bureau recently released a massive amount of new data on Americans and the US economy, as they do each year with their "Income, Poverty, and Health Insurance Coverage in the United States" ... Read More
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
Recession seems far off — that’s the good news. Yet the economy is also far from trouble-free.
Enough trouble spots emerged in the U.S. economy to coax the Federal Reserve to cut interest rates last week — but it turns out the news isn’t all that bad. A bevy of recent reports also show ... Read More
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