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Story perspectives

One-Third of U.S. Economy Faces Recession Risk

8/26/2025

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Story summary
  • Mark Zandi, chief economist at Moody’s, indicates that nearly one-third of the U.S. economy is in recession or at high risk.
  • The downturn affects 23 states and Washington, D.C., with Illinois and Massachusetts experiencing contraction.
  • California and New York's economic stability is vital, as one-third of industries, including manufacturing and transportation, are declining.