Out-of-staters providing fuel to Mass. economy, experts believe
From the article:
Economists have long argued that a labor crunch in Massachusetts, punctuated by an aging workforce and slow natural growth in the labor force and population, is serving as a brake on economic growth.
They're changing their tune now.
Economists on the editorial board of the economic journal MassBenchmarks met privately Sept. 28 at the Federal Reserve Bank of Boston. They released their consensus findings late last week and reported they had a "spirited" discussion about economic activity, including recent growth they described as the fastest since the recovery began in August 2009.
October 15, 2018