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Economist Warns: US Recession Looms Amid Economic Uncertainty

8/18/2025

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Story summary
  • Mark Zandi, chief economist at Moody's Analytics, warns of a potential US recession due to policy issues.
  • Industries such as construction and manufacturing are already experiencing recession.
  • Economic uncertainty is hindering business investments and hiring.
  • Zandi predicts tariffs will raise consumer prices in the near future.