Tuesday, January 22, 2019

Moody's economist tells Maryland lawmakers to expect mid-2020 recession

An economist had a stark warning for Maryland lawmakers: Expect a recession in mid-2020. Moody’s Analytics economist Dan White told members of the Senate Budget and Taxation Committee that because the federal government accounts for a large part of Maryland’s economy, the state is in better position than most others to withstand the impact of a recession. However, the ongoing government shutdown could change everything. Already the longest shutdown ever, White said it would be “extraordinary"…



from https://www.bizjournals.com/baltimore/news/2019/01/22/moodys-economist-tells-maryland-lawmakers-to.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/182223063622

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