The Trump economy is sputtering

US economy on ‘precipice of recession,’ Moody’s chief economist warns​


  • Consumer spending flat; construction, manufacturing contracting, he says
  • Zandi blames tariffs, immigration policy for economic struggles
  • Low jobless rate masks shrinking workforce, hiring freezes

Moody’s Analytics chief economist Mark Zandi said the U.S. economy is “on the precipice of recession,” citing indicators from last week’s economic data releases.


In a social media post Monday, Zandi pointed to stagnant consumer spending, contracting construction and manufacturing sectors and projected employment declines.


Rising inflation makes it difficult for the Federal Reserve to provide economic stimulus, the economist said

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Trumpet said:

US economy on ‘precipice of recession,’ Moody’s chief economist warns​


  • Consumer spending flat; construction, manufacturing contracting, he says
  • Zandi blames tariffs, immigration policy for economic struggles
  • Low jobless rate masks shrinking workforce, hiring freezes

Moody’s Analytics chief economist Mark Zandi said the U.S. economy is “on the precipice of recession,” citing indicators from last week’s economic data releases.


In a social media post Monday, Zandi pointed to stagnant consumer spending, contracting construction and manufacturing sectors and projected employment declines.


Rising inflation makes it difficult for the Federal Reserve to provide economic stimulus, the economist said

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thehill.com
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Trump will have to end Moodys. That is how he controls the news. All info that shows Trump is wrong, is fake news and run by a cabal of deep staters who want to ruin his creation of Trump nirvana.
 
Trumpet said:

US economy on ‘precipice of recession,’ Moody’s chief economist warns​


  • Consumer spending flat; construction, manufacturing contracting, he says
  • Zandi blames tariffs, immigration policy for economic struggles
  • Low jobless rate masks shrinking workforce, hiring freezes

Moody’s Analytics chief economist Mark Zandi said the U.S. economy is “on the precipice of recession,” citing indicators from last week’s economic data releases.


In a social media post Monday, Zandi pointed to stagnant consumer spending, contracting construction and manufacturing sectors and projected employment declines.


Rising inflation makes it difficult for the Federal Reserve to provide economic stimulus, the economist said

Loading…

thehill.com
Click to expand...

Zandi (an Iranian-American) donates mostly to Democrats. He donated to Hillary's campaign.

He is only one economist, there are many more who may disagree with him.
 
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