A program of the Economic and Public Policy Research Group at the UMass Donahue Institute
in collaboration with the Federal Reserve Bank of Boston

Current and Leading Indexes

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Mass economy outpaces the nation in Q1

​In the first quarter of 2019, Massachusetts real gross domestic product grew at a 4.6 percent annual rate according to MassBenchmarks, while U.S. real gross domestic product grew 3.2 percent according to the U.S. Bureau of Economic Analysis. Based on the latest information available, we now estimate that in the fourth quarter of 2018, the state's economy grew at a 2.3 percent annual rate of growth while the U.S. economy grew at a 2.2 percent rate according to the U.S. Bureau of Economic Analysis.

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