Economy News Recession Odds Are Very High As Economy Looks Poised To See An Unemployment Wave And Plunging Consumer Spending, Chief Economist Says

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

Over 20 state economies are in or near recession, Moody's finds

The economies of more than 20 states are either in a recession or are on the brink of slipping into one, according to an analysis by Moody's Analytics Chief Economist Mark Zandi. Zandi's analysis ... Read More

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight ... Read More