Oregon recession fears rise amid layoffs, slowdown

Oregon is one of 22 states that are either in a recession or on the precipice of a downturn, according to an analysis from Mark Zandi, chief economist at Moody's Analytics.

• Their problems are driven largely by a mix of slowing immigration, increasing tariffs and federal job cuts. The states in contraction make up about a third of overall GDP, Axios' Emily Peck writes.

Zoom in: The states most impacted are the ones more reliant on agriculture and manufacturing — major industries that have seen heavy layoffs and slow growth in Oregon recently.

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