Top Economist Warns US Economy Is More Fragile Than It Looks: 'The Situation Is Tenuous'

Moody’s Analytics Chief Economist Mark Zandi warned that the U.S. economy is growing below its potential, leaving it increasingly vulnerable to rising unemployment, persistent inflation and a broader slowdown.

“The economy is growing, but at a rate below its potential, so the situation is tenuous,” Zandi said in a post on LinkedIn.

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“Unless growth picks up, unemployment will rise and participation will fall, and at some point, undermine growth altogether,” he added.

Growth Is Falling Short Of The Economy’s Potential