Moody's Says One-Third of the U.S. Is Already in—or Near—Recession

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Although the stock market continues to reach all-time highs, not everyone is doing well in the U.S. 

Moody's Analytics Chief Economist Mark Zandi combed through state-level data and sounded the alarm about economic hardships. He said that nearly a third of states are on the brink of a recession, and another third is barely hanging on. Meanwhile, he said the remaining states are growing.