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Half of U.S. states sliding into recession, Moody’s warns

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  • Popular Post

Half of U.S. states sliding into recession, Moody’s warns

 

image.jpeg.2f35be0ed4eb79eb306f268c05ca121c.jpeg


The U.S. economy may look strong on paper — with 3.8% GDP growth and 4.3% unemployment — but underneath the surface, roughly half the country is effectively in recession, according to Moody’s Analytics chief economist Mark Zandi.

 

In an exclusive interview with Fortune, Zandi said 22 states are contracting, while 13 are “treading water.” Only 16 are still expanding, and it’s the economic strength of California, Texas, and New York keeping the national numbers afloat. “Depending on where you live and who you are,” Zandi warned, “the environment around you is recessionary.”

 

Lower- and middle-income Americans are “hanging on by their fingertips,” burdened by debt, slowing wage growth, and fading confidence despite steady employment. “They’ve got jobs,” Zandi said, “but the grip feels more tenuous … if layoffs pick up, that group is gonna get nailed — they have no savings, just debt.”

 

Private-sector data, released amid the ongoing federal government shutdown, shows consumer sentiment sharply deteriorating among households earning under $35,000. Nearly one in five respondents told The Conference Board that jobs are “hard to get,” while a quarter expect the labor market to worsen.

 

Zandi cautioned that if the economic weakness now gripping smaller, manufacturing-heavy states spreads to giants like California or New York, the entire U.S. could tip into recession.

 

The underlying reality, he said, is that America’s post-pandemic economy is “tethered to the wealthy.” High earners continue to spend, masking distress below the surface. But for millions living paycheck to paycheck, “it already feels like a recession — everything except: ‘I’ve got a job.’”

 

Key Takeaways:

  • 22 states are now contracting despite strong national growth.

  • Lower-income Americans are “hanging on by their fingertips.”

  • Weakness spreading to big states could trigger a full U.S. recession.

 

Original Source:

 

  • Popular Post

Pure ignorance on the part of Trump. He knows nothing about the globalization, and he appears to know nothing about the inherent ecosystems within globalization, nor the reasons why globalization happened to begin with. There's a reason why that's taking place, there's a reason why manufacturing has shifted overseas. It didn't happen in a vacuum and that manufacturing will not return to the US, not during our lifetime. It is just a slogan and a concept that he used to very craftily deceive millions of people into voting for him.

 

Trump lies when he says other nations will pay for the tariffs. He lies when he says companies will pay for them. Consumers will pay, so it becomes a tax. Be bold, big Don and for once be honest. It is a tax hike. And it is slowing down the economy, and will result in a massive loss of jobs, and major inflation. Very dumb policy. 

 

Mr. Trump has contended that his tariffs would lower inflation, because they would increase manufacturing and the productive capacity of the United States. But most economists say that tariffs of the size he imposed would increase consumer prices and add to inflation. 

 

A wave of frustration over prolonged inflation helped power Trump to victory in November, and a majority of respondents -- 58% -- said inflation would be a major factor in deciding their vote in future elections. But just 32% approved of the job Trump was doing on inflation. Views of the economy by households deteriorated this month to the lowest level in over a year, according to a widely followed survey by the University of Michigan.

 

Gerald Dunn, a Republican 66-year-old martial arts instructor from Staatsburg, in New York State's Hudson Valley. "I like what he is doing but I think a lot of what he says is just BS. 

"I struggle with things like picking a fight with Canada. Why are we picking a fight with Canada?" said Todd Wellman, a 49-year-old Republican from Indianapolis. 

 

https://www.reuters.com/world/us/trump-gets-middling-grades-americans-top-issues-reutersipsos-poll-finds-2025-02-23/

 

 

images(1).jpg

They've been sliding into recession for years.  But they changed the definition and the way they keep score to prop up Biden for 2024.  Now that that's behind us, they've no desire to hide the truth.

 

Anyone who's surprised hasn't been paying attention.

 

 

  • Popular Post
3 minutes ago, impulse said:

They've been sliding into recession for years.  But they changed the definition and the way they keep score to prop up Biden for 2024.  Now that that's behind us, they've no desire to hide the truth.

 

Anyone who's surprised hasn't been paying attention.

 

 

Utter nonsense.

 

Lets get some reality back,

 

 

Who’s hiding economic and jobs data?

  • Popular Post
5 minutes ago, impulse said:

They've been sliding into recession for years.  But they changed the definition and the way they keep score to prop up Biden for 2024.  Now that that's behind us, they've no desire to hide the truth.

 

Anyone who's surprised hasn't been paying attention.

 

 

Oh, please explain that.

 

How was the definition changed?

Most of Europe is going into a full blown recession so I guess a half recession is not too bad.

  • Popular Post

Well, Trump took the growth Obama left him and handed Biden a Recession. I think he can do it again to Newsom.

 

Trump is the first US president since Herbert Hoover to leave office with fewer Americans employed than when he entered.

 

His so-called "best economy ever" wasn't even in the top 70% of economies since the end of WWII. It's kind of like his "stable genius" claim, when Rep Crockett was able to get his SAT scores and see he scored in the 38th percentile.

 

Biden presided over the greatest job growth in US History, and the best economic growth since the Clinton years of the late 1990s.

 

Oh, and inflation is higher today than when Trump took over.

 

The funniest stat I've seen in the last while is that a poll was taken by YouGov, Jimmy Kimmel had a higher approval rating than Trump.

  • Popular Post

Half of U.S. states sliding into recession, Moody’s warns

 

It's that damnable Obama economy!

 

Lucky for us Trump has arrived to fire the accountants and bean keepers and install his own private gatekeepers to dripfeed us economic lies.

 

"Biggliest bestliest economy the world has ever seen!®,"

24 minutes ago, Wingate said:

Well, Trump took the growth Obama left him and handed Biden a Recession.

 

You don't figure that little Covid thing had anything to do with it?

 

34 minutes ago, Chomper Higgot said:

Utter nonsense.

 

Lets get some reality back,

 

 

Who’s hiding economic and jobs data?

Well seems crime statistics were altered to reflect lower crime rates.

 

Why not some job stats.

It's that Newsom! 

 

His underperforming California is dragging everyone down.

 

Thank God Trump's tariff's are bringing in billions and will save everyone down the line.

  • Popular Post

U.S. Economy at a Glance

https://www.bea.gov/news/glance

 

The left wing zealots want the U.S. economy to go into a recession because of their hatred toward President Trump. But alas, that is just not the case. "Real gross domestic product (GDP) increased at an annual rate of 3.8 percent in the second quarter of 2025 (April, May, and June" Which proves that the Trump economy is doing great. The stock market is at an all time high which again proves that investors have  total confidence in President Trump and his policies. Soon, President Trump will will receive the Noble Peace Prize for this efforts in securing peace in Gaza. President Trump is making America great again and helping the world to solve its problems. 

Win.jpg

  • Popular Post
21 minutes ago, Cameroni said:

It's that Newsom! 

 

His underperforming California is dragging everyone down.

 

Thank God Trump's tariff's are bringing in billions and will save everyone down the line.

From the OP:

 

2 hours ago, Social Media said:

In an exclusive interview with Fortune, Zandi said 22 states are contracting, while 13 are “treading water.” Only 16 are still expanding, and it’s the economic strength of California, Texas, and New York keeping the national numbers afloat.


Notice anything at odds with the nonsense you posted?

5 minutes ago, Chomper Higgot said:

From the OP:

 


Notice anything at odds with the nonsense you posted?

 

Lies! Nothing but Lies! We all heard how Hollywood is going down the drain! Newsom's to blame!

  • Popular Post
13 minutes ago, Cameroni said:

 

Lies! Nothing but Lies! We all heard how Hollywood is going down the drain! Newsom's to blame!

I’m sure you’ve heard a lot of things, but I’m not sure you’re able to discern the truth anymore.

Did you say Rosie O'Donnel? She lives in Ireland now, doesn't she?

 

She deserves it!

2 hours ago, spidermike007 said:

A wave of frustration over prolonged inflation helped power Trump to victory in November, and a majority of respondents -- 58% -- said inflation would be a major factor in deciding their vote in future elections. But just 32% approved of the job Trump was doing on inflation. Views of the economy by households deteriorated this month to the lowest level in over a year, according to a widely followed survey by the University of Michigan.

Thanks Joe Biden. 

1 hour ago, Wingate said:

Well, Trump took the growth Obama left him and handed Biden a Recession. I think he can do it again to Newsom.

 

Trump is the first US president since Herbert Hoover to leave office with fewer Americans employed than when he entered.

 

His so-called "best economy ever" wasn't even in the top 70% of economies since the end of WWII. It's kind of like his "stable genius" claim, when Rep Crockett was able to get his SAT scores and see he scored in the 38th percentile.

 

Biden presided over the greatest job growth in US History, and the best economic growth since the Clinton years of the late 1990s.

 

Oh, and inflation is higher today than when Trump took over.

 

The funniest stat I've seen in the last while is that a poll was taken by YouGov, Jimmy Kimmel had a higher approval rating than Trump.

Are you forgetting about the global pandemic?  You leftie hacks are something else.  

 

 

4 hours ago, Photoguy21 said:

Most of Europe is going into a full blown recession so I guess a half recession is not too bad.

Do you have some facts about this?

 

Nope. Europe has struggled for sure. But the industry is much more diversified in comparence to the US.

 

Europe going into a full blown recession. What a joke after the orange is destroying your economy...

3 hours ago, Keep Right said:

U.S. Economy at a Glance

https://www.bea.gov/news/glance

 

The left wing zealots want the U.S. economy to go into a recession because of their hatred toward President Trump. But alas, that is just not the case. "Real gross domestic product (GDP) increased at an annual rate of 3.8 percent in the second quarter of 2025 (April, May, and June" Which proves that the Trump economy is doing great. The stock market is at an all time high which again proves that investors have  total confidence in President Trump and his policies. Soon, President Trump will will receive the Noble Peace Prize for this efforts in securing peace in Gaza. President Trump is making America great again and helping the world to solve its problems. 

Win.jpg

 

  The only thing more hilarious than what you posted is that, apparently, you actually believe it.

 

  PT Barnum LOVED people like you.  

  • Popular Post
On 10/10/2025 at 12:40 AM, impulse said:

 

You don't figure that little Covid thing had anything to do with it?

 

You mean the one were he had 6 months warning and didn’t prepare?the one that killed more Americans than all the wars we were in since our founding?you know the one were he continued to hold superspreader events and wouldn’t wear a mask because it would SMEAR his MAKEUP???the one were he told folks to shine the light up were the sun don’t shine inject bleach the chase it with horse wormer??yup some president magga!

On 10/10/2025 at 6:50 PM, Schoggibueb said:

Do you have some facts about this?

 

Nope. Europe has struggled for sure. But the industry is much more diversified in comparence to the US.

 

Europe going into a full blown recession. What a joke after the orange is destroying your economy...

When millionaires and richer leave the UK it is a fair assumption that things are not good. Not as many are leaving the EU. I am not in favour of being within the EU so lets get that right

On 10/10/2025 at 9:58 AM, Keep Right said:

U.S. Economy at a Glance

https://www.bea.gov/news/glance

 

The left wing zealots want the U.S. economy to go into a recession because of their hatred toward President Trump. But alas, that is just not the case. "Real gross domestic product (GDP) increased at an annual rate of 3.8 percent in the second quarter of 2025 (April, May, and June" Which proves that the Trump economy is doing great. The stock market is at an all time high which again proves that investors have  total confidence in President Trump and his policies. Soon, President Trump will will receive the Noble Peace Prize for this efforts in securing peace in Gaza. President Trump is making America great again and helping the world to solve its problems. 

Win.jpg

Lol! This is the Q2/Q1 growth rate which has been annualized, not the year to year growth! 🤣🤣🤣

(The reason for this high Q2 growth being that Q1 growth was negative)

 

This is obtained by multiplying the quarter to quarter growth rate (0.9%) by four. The year to year growth is 2.1% and the 2025 forecasts are 1.8-1.9% (compared to 2.9% in 2024, so minus 1%).

https://commonslibrary.parliament.uk/research-briefings/sn02784/

 

https://www.spglobal.com/ratings/en/regulatory/article/economic-outlook-us-q4-2025-below-trend-growth-persists-amid-a-swirl-of-policy-shifts-s101646549

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