The MassBenchmarks Bulletin - October 2015
October 2015
"Massachusetts real gross domestic product grew at an estimated annual rate of 2.0 percent, in the third 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 1.5 percent according to the advance estimate of the U.S. Bureau of Economic Analysis. Based on the latest available information, we now estimate that Massachusetts expanded at a 7.1 percent annualized rate in the second quarter while the nation grew at a 3.9 percent rate. In the first quarter of 2015, the Massachusetts economy grew at a 3.2 percent rate as compared to 0.6 percent for the U.S."
Click the publication link below for the full October 2015 bulletin.
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. Clayton-Matthews, Associate Professor of Economics and Public Policy at Northeastern University and released quarterly by MassBenchmarks.
