22 states + DC, in or near recession per Moody’s Analytics, Oct 2025, includes Connecticut, Delaware, District of Columbia, Georgia, Illinois, Iowa, Kansas, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Montana, New Hampshire, New Jersey, Oregon, Rhode Island, South Dakota, Virginia, Washington, West Virginia & Wyoming (8 Red, 15 Blue)

In October 2025, economic reporting highlighted a state-level analysis released by Moody's Analytics chief economist Mark Zandi. The assessment evaluated economic indicators across the United States, pointing to notable strain in specific regional economies while the national economy continued to grow overall. Media outlets such as Newsweek and Axios heavily covered the findings, noting that the flagged group encompassed jurisdictions facing either active contractions or heightened vulnerability to a downturn.newsweek.comnewsweek.comMap Shows Which States Face Recession and Which Are GrowingMajor financial news outlets (including MarketWatch, Axios, Fox Business, and Newsweek*) heavily covered this assessment in early October 2025 The Core Finding: While the national U.S. economy was technically still growing at the time,...axios.comaxios.comTrump Tariffs Immigration Recession StatesBased on economic analyses and major media reporting from October 2025, the claim regarding Moody’s Analytics tracking state-level recession risks is largely accurate regarding the core data and source, though with important contextual...

Financial coverage detailed how the analysis used specific regional metrics, including employment trends and output growth, to categorize states into different economic health tiers. While some reports referred broadly to the entire group as being in recession, the underlying data distinguished between areas already experiencing contractions and those categorized as treading water or at high risk.moneywise.commoneywise.comEconomist Mark Zandi Says These 22 States Have Slipped Into Recession Based on 2...The Claim: In October 2025, Mark Zandi, Chief Economist at Moody’s Analytics, released an analysis and list indicating that 22 states (including the District of Columbia) were either in a recession or at high risk of entering one In... This nuance provides essential context for the specific list of 22 states and the District of Columbia cited in public discussions.m.economictimes.comm.economictimes.comYes, you are feeling it: 22 states are officially in a recessionBased on economic analyses and major media reporting from October 2025, the claim regarding Moody’s Analytics tracking state-level recession risks is largely accurate regarding the core data and source, though with important contextual...+1 more