Document Type


Publication Date

Summer 1999


Nascent signs of imbalance are appearing in the Massachusetts economy. Wage rates and housing prices are beginning to rise at an unsustainable pace as a result of labor shortages and strong consumer demand. At the same time, the manufacturing sector continues to suffer from the economic crisis in Asia.


Published in MassBenchmarks, Vol. 2, No. 3, pp. 4-9:


University of Massachusetts

Included in

Economics Commons



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