COVID-19 Update: The UMass Donahue Institute is currently operating normally and institute staff are working virtually from home at this time. If you wish to call the institute, phone (413) 545-0001. Please see this message to learn more about what we are doing in response to the pandemic.

Institute News

MassBenchmarks economists express "cautious optimism" for state economy

In a bulletin released by MassBenchmarks on February 28, 2012, economists projected ongoing, but precarious, growth for the Massachusetts state economy. Massachusetts continues to experience a modest decrease in unemployment, an increase in gross state product, a strong retail sector and an improving housing market, but economic forces beyond the state’s borders will influence the pace and strength of ongoing recovery.

With Europe representing forty percent of the Commonwealth’s export market, a recession there could substantially impact growth rates here. Rising oil prices, federal budget cuts, decreased household spending and high levels of uncertainty among households and businesses are additional obstacles to steadfast growth.

The full summary is available here.

Go Back

Contracting with Us

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.

Learn More
GSA Logo CommBuys Logo Commonwealth of Massachusetts Logo

UMass Donahue Institute

University of Massachusetts

Office of the President

100 Venture Way, Suite 9

Hadley, Massachusetts 01035

(413) 545-0001

.(JavaScript must be enabled to view this email address)

Related Links

Receive our Newsletter

Connect with Us