Recession 'More Than Likely' By Second Half Of Year, Says Moody's Analytics' Mark Zandi: Report

Moody’s Analytics’ chief economist, Mark Zandi, reportedly said Tuesday that a recession in the U.S. is “more than likely” by the second half of this year.

During an interview with CNBC, Zandi stated that recession risks were on the rise in the U.S. even before the Iran war began in February.

“As you know, the job market has gone flat here, we lost jobs in February. We’ve not been going anywhere fast for the past year. Unemployment’s drifting higher and that’s despite a decline in participation,” Zandi said.

According to data from ADP, private employers in the U.S. added an average of 10,000 jobs per week during the four weeks ending March 7, 2026.

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Also See: Dow Falls Over 400 Points As Reports Say 2,200 Marines Set For Middle East Arrival On Trump’s Iran Deadline Day

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