Written By Lexx Thornton While official data paints a picture of robust national growth, a closer look at the American economy reveals widespread weakness, with nearly a third of states at high risk of recession, according to Moody’s Analytics Chief Economist Mark Zandi. The current economic landscape is marked by a sharp divergence: the national Gross Domestic Product (GDP) continues to grow at a healthy pace, but the recovery is unevenly distributed. Mark Zandi’s recent analysis highlights this geographic disparity: Recession Risk: A startling 22 states and Washington, D.C.—representing almost one-third of the nation’s total economic output (GDP)—are either already
The post US Economy A Tale of Two Recovery Speeds appeared first on HBCU News.