MassBenchmarks Bulletin - July 2015
August 2015
Massachusetts real gross domestic product grew at an estimated annual rate of 5.4 percent, in the second quarter of 2015 according to the MassBenchmarks Current Economic Index, released today by MassBenchmarks, the journal of the Massachusetts economy published by the UMass Donahue Institute in collaboration with the Federal Reserve Bank of Boston. U.S. real gross domestic product grew at an annual rate of 2.3 percent according to the advance estimate of the U.S. Bureau of Economic Analysis. Based on the latest available information, we now estimate that in the first quarter of 2015, the state economy expanded at a 2.1 percent annualized rate while the nation grew at a 0.6 percent annualized rate.
