Document Type
Article
Publication Date
Fall 2002
Abstract
Massachusetts is still in a recession. Forecasts made earlier in the year — that the state economy would be experiencing modest growth by now — have been revised. Instead, it continues to contract. Joining long-suffering sectors such as technology and manufacturing, finance and state government are now making employment cuts. Even consumers, whose continued spending has been a last stronghold of the state economy, are showing signs of distress. Will the Commonwealth follow the nation on the road to recovery, or is our trajectory taking us elsewhere?
Recommended Citation
Clayton-Matthews, Alan, "Economic Currents: The State of the State Economy" (2002). Public Policy and Public Affairs Faculty Publication Series. 35.
https://scholarworks.umb.edu/pppa_faculty_pubs/35
Publisher
University of Massachusetts
Comments
Published in MassBenchmarks, Vol. 5, No. 4, pp. 4-9: http://www.massbenchmarks.org/publications/issues/vol5i4/3.pdf.