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


The Massachusetts Economy Contracts Modestly in Q3

In the second quarter of 2019, Massachusetts real gross domestic product grew at a 1.4 percent annualized rate according to MassBenchmarks, while U.S. real gross domestic product grew at a 2.1 percent rate according to the U.S. Bureau of Economic Analysis. Based on the latest available information, the U.S. Bureau of Economic Analysis estimated that the state's economy grew at a 2.7 percent rate in the first quarter, while the U.S. economy grew at a 3.1 percent rate during the same period.

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