Document Type
Article
Publication Date
Summer 2003
Abstract
The state economy appears poised for future growth, but serious issues remain. The “unwinding” of the economic excesses of the 1990s is delaying a genuine economic turnaround, but many other issues are weighing heavily on the economy. These include the risk of terrorism, weak global economic performance, a weak dollar (this issues cuts two ways), and the threat of deflation. When a recovery arrives, job growth will probably lag, and be modest when it appears. We should not expect to return to the heady days of the late 1990s anytime soon.
Recommended Citation
Clayton-Matthews, Alan, "Economic Currents: The State of the State Economy" (2003). Public Policy and Public Affairs Faculty Publication Series. 37.
https://scholarworks.umb.edu/pppa_faculty_pubs/37
Publisher
University of Massachusetts
Comments
Published in MassBenchmarks, Vol. 6, No. 2, pp. 4-11: http://www.massbenchmarks.org/publications/issues/vol6i2/3.pdf.