UMass Donahue Institute

Massachusetts real gross domestic product grew at an annual rate of 3.0 percent in the second quarter of 2016 according to the MassBenchmarks Current Economic Index. In contrast, according to the U.S. Department of Commerce, national real gross domestic product grew at an annual rate of 1.2 percent during the same period.

MassBenchmarks is published by the University of Massachusetts Donahue Institute in cooperation with the Federal Reserve Bank of Boston. The Donahue Institute is the public service, outreach, and economic development unit of the University of Massachusetts Office of the President. The Current and Leading Indexes are compiled and analyzed by Dr. Alan Clayton-Matthews, Associate Professor of Economics and Public Policy at Northeastern University and released quarterly by MassBenchmarks.