According to Moody's latest economic assessment report, up to 21 states in the United States are in recession or face a high risk of recession. This concerning news has sparked widespread follow.

The affected states include Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, and Rhode Island in the East; Illinois, Iowa, Kansas, and Minnesota in the Midwest; Georgia, Mississippi, Virginia, and West Virginia in the South; Montana, Oregon, Washington, and Wyoming in the West; and South Dakota in the Central region.

This list covers various geographical regions in the United States, indicating that economic distress is not limited to a specific area. From the more industrialized Northeast to agricultural states, and to technology hubs, various types of economies have been affected.

This phenomenon highlights the challenges facing the U.S. economy. Although inflation has eased recently, persistent high interest rates, uncertainty in the labor market, and changes in the global economic situation could all be factors contributing to the recession risks faced by these states.

Experts point out that this widespread economic pressure may have a ripple effect across the entire country. It not only affects local economies but may also have a profound impact on economic policy-making at the federal level.

In response to this situation, state governments and the federal government may need to adopt more targeted economic stimulus measures to prevent a potential economic recession from widening. At the same time, businesses and individuals should also be prepared for possible economic fluctuations.

As the situation develops, economists will continue to closely follow the economic indicators of these states to assess the severity of the risks and the potential trends of spread. This period will undoubtedly be an important test of the resilience of the U.S. economy.