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The housing market is long been seen as an early warning sign for recessions, and one data point in particular has caught the attention of Moody’s Analytics chief economist Mark Zandi. In social media posts on Sunday, he noted that Moody’s own leading economic indicator that uses machine learning has estimated the odds of a … Read more
The U.S. economy isn’t in a recession yet, but the number of industries cutting back on headcount is concerning, and future revisions to jobs data could show employment is already falling, according to Moody’s Analytics chief economist Mark Zandi. In a series of X posts on Sunday, he followed up his warning from last weekend … Read more
“This is a bigger issue than people realize. Not just jobs lost. But their families losing benefits. Landlords losing tenants. Cities and towns losing revenue.” Read More
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