The University of Massachusetts Amherst

UMass Donahue Institute


A program of the Economic and Public Policy Research Group at the UMass Donahue Institute
in collaboration with the Federal Reserve Bank of Boston

Current and Leading Indexes

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State economy keeps pace with the nation in Q3

In the third quarter of 2024, Massachusetts real gross state product (GDP) increased at an annual rate of 2.9 percent, according to MassBenchmarks, while U.S. GDP increased at an annual rate of 2.8 percent, according to the U.S. Bureau of Economic Analysis (BEA). According to the BEA, in the second quarter of this year Massachusetts GDP grew at a 1.9 percent annual rate while U.S. GDP grew at a 3.0 percent rate; and in the first quarter Massachusetts GDP grew at an annual rate of 5.6 percent while U.S. GDP grew at a 1.6 percent rate.

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MassBenchmarks: Current and Leading Indexes publication

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The UMass Donahue Institute is pre-approved to offer a variety of options for streamlined, simplified contracting both within Massachusetts and at the federal level.

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UMass Donahue Institute

University of Massachusetts Amherst

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Hadley, Massachusetts 01035

(413) 545-0001

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