Mass Remains on Moderate Economic Growth Path
Economic growth in Massachusetts was moderate in the second quarter, while inflation in the Boston metropolitan area ran “meaningfully hotter” than the nation, according to a new data.
‘Legitimate Softness’ Arrives for Boston Rental Market
A shaky job market, domestic outmigration and immigration crackdowns are combining to keep a lid on apartment rents across the region.
Massachusetts Growth, Jobs Numbers Trailing U.S. Rates
Bay State economists are expecting to learn in April that employment growth has been slower than originally estimated across Massachusetts as they flag weaknesses in the state labor market.
Report Predicts Biotech Shrinkage as Federal Changes Take Hold
Job and labor force surveys are starting to pick up on the early impacts of President Donald Trump’s trade and tariff policies and other federal government shifts to Massachusetts, economists at MassBenchmarks said.
Mass. Economists Project Weak Growth Ahead
Lagging job growth in the state is seen as the big reason the state’s economy appears likely to slow down through the third quarter.
Economist: Mass. Economy May Have Shrunk More than U.S. in Q1
Start with an aging workforce and challenges retaining younger people, and add growing consumer worries and weakness in the tech sector, and Massachusetts’ economy could have shrunk as much as 1.3 percent.
A Top Mass. Economist Tries to Navigate Tariffs’ Local Impact
Between market dips, concerned state officials and international trade implications, the tariff policies implemented and now partly paused by President Donald Trump last week have created widespread worry across Massachusetts and the nation.
Economists Report “Pleasant Surprise” in Mass.
On a day when the global financial markets took a sharp turn downward on signs of a U.S. economy slowdown, the economists at MassBenchmarks reported the “pleasant surprise” that state economic growth exceeded expectations in the second quarter.
Mass. Economists Eye Signs of Softening
The economists at MassBenchmarks are taking a more dim view of the state’s economy almost halfway through 2024 and said Thursday that a recent slowdown in growth revives questions of whether the economy is headed for a recession or a soft landing.
Report Cites ‘Broad Based’ Weakness in Mass. Economy
The performance of the Massachusetts economy during the last quarter of 2023 was “noticeably weaker” than the national economy, according to new report, in part thanks to a “much weaker than usual bonus season.”
Multiple Reports Point to Brightening Economic Prospects for Mass.
The Massachusetts economy keeps driving ahead and that recession out on the horizon doesn’t seem to be getting any closer.
Economists: Mass. Growth Slowing, GDP Declines Forecast
Massachusetts squeaked out a smidgen of economic growth in the first quarter of 2023, slowing substantially from its late 2022 growth rate, and analysts are predicting GDP declines in the second and third quarters.
Mixed Signals in Latest Mass. Economy Analysis
The latest look at the Massachusetts economy and its place in the national picture was full of paradoxes, the analysts at MassBenchmarks said this week – the labor market is strong, but economic growth has ground to a halt.
Mass. Economy Shrinks After Period Of Rapid Growth
The Massachusetts economy hit a significant slowdown in the first quarter of 2022 as another wave of COVID-19, sky-high inflation rates and persistent supply chain problems combined to bog down growth, economic analysts at MassBenchmarks said Thursday.
Experts: Mass. Economic Growth to Continue Well Into 2022
Economic growth in Massachusetts accelerated from the third to the fourth quarter of 2021, with real gross domestic product increasing at an 8.2 percent annualized rate.
Pace Shrinks, But Mass. Economy Still Grows
Economic analysts at MassBenchmarks said they still have “significant concerns” after taking a closer look at the labor market, inflation and inequalities in unemployment in the Bay State.
Mass. Economy Roared Back in First Quarter
The Massachusetts economy grew at a much faster pace than the national economy in the first quarter and the economic analysts at MassBenchmarks see that trend continuing over the coming months.
New State GDP Data Highlights Rollercoaster Economy
The Massachusetts economy grew at a record pace in the third quarter after an historic fall this spring when the COVID-19 pandemic hit and prompted widespread business closures, but economists say that upswing has started to slow and employment remains well below pre-pandemic levels.
Economists: Mass. In Midst of Worst Economic Quarter on Record
The second quarter of 2020 is on track to be the worst for the state economy in the recorded history of Massachusetts and gross state product “may decline on the order of 50 percent,” economists at MassBenchmarks said Tuesday.
18 Percent Unemployment: What COVID-19 Could Do to Massachusetts
The exact trajectory of the recession is uncertain, but many panelists were optimistic 2021 could see a strong recovery.
