Nearly half of all US states are sliding into recession — as the national economy tries desperately to stay afloat. 

That’s the stark warning from Mark Zandi, chief economist at Moody’s Analytics, one of the world's most-watched independent economic firms. 

His grim assessment comes after major corporations slashed more than 150,000 jobs last month — the biggest October total in more than two decades. 

Sticky inflation, dwindling home construction, layoffs at factories, and flat-lining wages also contributed to the bleak picture. 

https://www.dailymail.co.uk/yourmoney/article-15292017/us-economy-recession-states-mark-zandi.html