- Moody’s: US economy can absorb impact of China's slower growth
Market news
29 June 2023
Moody’s: US economy can absorb impact of China's slower growth
Analysts at Moody’s rating agency are out with their outlook on the United States economy, with the key takeaways found below.
For US, geopolitics and policies pose greater risks than China's slowdown.
US economy can absorb impact of China's slower growth.
Government and company policies will have greater credit effects for US sectors.
China's potentially slower growth over next few years unlikely to have material knock-on impacts on domestically-driven US economy.
Among services sectors, a China slowdown could weaken discretionary industries in the US, such as tourism and higher education.
Among US sectors with high exposure to China, agriculture is likely to be less affected.
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