#regional-economic-disparity

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#state-level-recession #household-financial-stress #consumer-confidence #recession-risk #state-level-gdp
US news
fromFortune
3 weeks ago

Roughly half of US states are effectively in a recession and 'hanging on by their fingertips,' Moody's chief economist says | Fortune

Significant regional and income disparities mean many U.S. states and lower-income households face recession-like conditions despite strong national GDP and low unemployment.
US politics
fromFortune
2 months ago

A third of the U.S. economy is already in a recession or at high risk, and another third is stagnating, Zandi warns

Nearly one-third of U.S. GDP is produced by states already in recession or high risk, another third stagnant, and the final third still expanding.
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