The Murphy Recession?
Numerous states are teetering on the bring of a recession (or are already in one) as 2026 approaches, Save Jerseyans, and to the surprise of no one with a brain, most of the imperiled state economies are helmed by Democrat governors.
The list provided by Moody’s includes New Jersey.
Equally unsurprising: redder, Southern states are generally holding up better.
“Southern states are generally the strongest, but their growth is slowing,” Moody’s Chief Economist Mark Zandi told Realtor.com. “California and New York, which together account for over a fifth of U.S. GDP, are holding their own, and their stability is crucial for the national economy to avoid a downturn.”
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