Document Type


Publication Date

Winter 2003


Statewide numbers paint a picture of declining employment and output, continuing widespread layoffs, slow wage and income growth, rapidly declining consumer confidence, weak consumer spending, stagnant tax revenues, high vacancy rates in the commercial real estate market, and no clear sign of growth in demand for the state’s technology products.


Published in MassBenchmarks, Vol. 6, No. 1, pp. 4-9:


University of Massachusetts

Included in

Economics Commons



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