Moody’s Analytics: Most States are Well Prepared to Weather a Recession

Business Wire

Published

NEW YORK--(BUSINESS WIRE)--The majority of US states have the resources needed to get through an economic recession, according to a new study from Moody’s Analytics. A record 43 states have the cash they need to weather an economic slump without having to resort to severe spending cuts or tax increases. “States have never been in a better position to make it through a recession,” said Emily Mandel, the study’s author. “State policymakers seem to have learned a valuable lesson from the Great Rec

Full Article