Moody's Chief Economist Flags 22 States As Already In Recession Or At 'High Risk,' Says Only These 2 States Are 'Holding Their Own'

Usd,Dollar,Banknote,Is,Torn,With,Recession,Wording,On,Red

The U.S. economy is on the "edge of recession," and states accounting for nearly a third of national output are already in or at high risk, Moody's Analytics chief economist Mark Zandi said Sunday, citing fresh state-level readings of employment and output.

Moody's Chief Warns Recession Risk Spreads Across Key States