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 .

The states that are in recession, or are at high risk, account for about a third of the nation’s gross domestic product, according to Zandy’s analysis. Another third are holding steady, while the remaining third are growing.

The Bay State, which accounts for 2.73% of the nation’s GDP, was listed as “high risk” or already in recess

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