Nearly two dozen states across the nation are either in a recession or teetering on the brink. And that includes the Bay State, which has been hit by some $3.7 billion in funding cuts by the federal government.
Three factors — slowing immigration, tariffs, and federal job cuts — are driving the contraction, which has hit states across the country, the analysis by Mark Zandy, the chief economist at Moody Analytics, concluded.
It was first reported by Axios…