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Moody’s says the US economy can absorb the impact of China’s slower growth

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Moody’s analysts opn the US economy outlook:

  • 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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