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MassBenchmarks Journal

State Economy Continues Solid Performance Declares MassBenchmarks Editorial Board

From the publication's introdcution:

"The Massachusetts economy continues to perform well. State employment is growing faster than at the national level. The Commonwealth's unemployment rate is at the lowest level seen since the "dot-com" boom at the turn of the century. Except for an apparently weak "bonus season", state wage and salary withholding tax receipts suggest a steady expansion consistent with the current pace of employment growth. Even areas of the state that historically lag behind the economic progress of metropolitan Boston are exhibiting solid improvement, even as a stubborn gap between their and the state's performance persists. While consumer spending growth has slowed in recent months, that slowdown may be temporary as it appears to reflect a return to normal spending on automobiles after last year's record pace, and the weak performance of the stock market last year."

Read the full report.


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