State economy growing robustly declares MassBenchmarks Editorial Board
By all indications, the Massachusetts economy is continuing its robust expansion. Employment is growing at rates not seen since the late 1990s. Gross state product growth has consistently exceeded national growth this year. While residential construction remains below pre-recession levels, building activity is increasing and office rents are rising, both strong signals of a growing regional economy. But while these developments are most welcome, a number of risk factors continue to weigh heavily on the state's economic outlook.